The Town of Beginnings is the area where players first start their game. While here there are houses to rent, npcs for quests, merchants, and the Black Palace is located here.
The first quest starts here, where you must talk to Alicia who tells you to go to the Guards. From there you must go to Honrunka to continue the quest line.
The merchants you can find are Block Merchants, Decor Merchants, Blacksmiths, Alchemists, and Food Suppliers.
The town is located at X: 250 Y: 74 Z: 212 (You can view your coordinates by hitting the F3 key on your keyboard.)