Thursday, June 17, 2021

Beyond Protocol -- Bigger than BTC

Over the past month or so, analysts have consistently called Beyond Protocol the next top three coin. Examples include Crypto Rick, Satoshi Sean, and KIFS Crypto. Although a lot to consider, I generally agreed. This is a team from Stanford, IBM, Cisco, Amazon buoyed by Hollywood execs (it shows in their insane marketing; check out this overview video). They are solving a big problem: devices in the future will need to pay each other digitally. The Gartners of the world have said there will be more transactions between devices than humans.

Then I watched an interview with the CEO Jonathan Manzi and Tijo Bear. It’s long -- 38 minutes. While I was watching it, it dawned on me that Beyond Protocol will be bigger than Bitcoin.

Devices don’t need just to be able to pay each other, they need to be made secure so they can open up to the world. The world can then develop on top of them. Beyond Protocol has built a frictionless technology which can be adopted with one line of code which makes spoofing -- the biggest pain point in cybersecurity right now -- probabilistically impossible. They do this by leveraging hardware signatures and distributed ledgers. Manzi explains it in less than 45s in this video tweet (watch it, everything will click!)

What Beyond Protocol has built does two critical things.

First, it makes devices secure for the first time. Now secure, they can open up. And now developers can build applications on top which unite them. Just from a smartphone, Apple’s App Store brought us applications which changed the way we live: Uber, Instacart, etc. Beyond Protocol’s Mega App Store will allow developers to build apps on not just an iPhone, but literally every device in the universe.

Second, it allows devices to pay each other. And the “pay each other” part can get really nuts quickly. It can be autonomous vehicles paying each other for priority in a traffic grid. Or, it can be simply microtransactions which represent the amount of energy expended for a secure message to be sent between devices. Beyond Protocol is literally building the new Internet for devices. They are doing what the biggest companies in the world have tried to do in business consortia over the past decade but failed due to the battle of egos that always goes on -- one company trying to gain dominance over others. Beyond Protocol is opening a can of whoop-ass on all that. They’re going all open-source protocol, just like ARPA when the internet was started, and they will win. Don’t bet against an idea which time has come.

I am a proud member of their Street Team by the way. I will do my best to answer any questions you might have. Some resources below (posted from their Telegram):

Project Resources

Technical Resources

FAQ

Q: Do you plan to ICO/IEO?

A: To fund our project, and to seed our cryptocurrency, Beyond will sell its tokens from time to time ahead of a public listing. To date, Beyond has sold 4.96% of its token supply to project backers and allocated 6.07% to advisers. Beyond last sold its tokens in a private sale with a market capitalization of $100,000,000.00.

Q: How can I buy Beyond tokens?

A: We have sold tokens to-date in a private pre-sale to parties which we believe can help advance our project as partners. For inquiries related to this, kindly see the pinned post in our Telegram group. Telegram group link on website: https://beyond.link

Q: When do you plan to launch?

A: Beyond is in stealth mode. We plan to unveil key partnerships in Q3 2021 ahead of a token generation event (TGE).

Q: Who are your key advisors?

A: Some of our advisors include:

  • Anoop Nannra (Global Blockchain Practice Leader at Amazon; Formerly: Global Head of Blockchain, Cisco)
  • Stephen DiFranco (Former SVP/GM IoT, Broadcom)
  • Brian Forde (Sr. White House Advisor to Obama; Co-Founder Digital Media Initiative, MIT Media Lab)
  • Greg Silverman (Co-Founder/CEO of Stampede Ventures; Formerly: President, Warner Bros)
  • Brian Weinstein (President/COO, Bad Robot)
  • Peter Boni (Managing Principal, Kedgeway)

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