Beyond Protocol is pioneering a transformative approach to blockchain technology, specifically tailored for the Internet of Things (IoT). As a layer one blockchain, it provides a decentralized security layer and a smart contract platform that enhances trust and security among connected devices. With its innovative SDK, developers can now build decentralized applications (DApps) on any combination of devices, unlocking countless possibilities for automation and monetization. Since unlocking tokens to pre-sale contributors in Q1 2022, Beyond Protocol has been poised to redefine IoT security and communications, rendering devices nearly impossible to hack and propelling the evolution of a truly interconnected world.

Understanding Beyond Protocol

What is Beyond Protocol?

Beyond Protocol is a layer one blockchain providing a decentralized security layer and smart contract platform for the Internet of Things (IoT). From Beyond Protocol's SDK, developers can build DApps on top of any combination of devices, opening up a new world of possibilities for automation and monetization.

Token Utility and Purpose

The Beyond Protocol crypto token, denoted as $BP, serves as the native token for the Beyond Protocol blockchain platform. The token is designed to facilitate transactions, access specific services, and provide utility within the Beyond Protocol ecosystem.

Key Functions of $BP Token:

1. Medium of Exchange: $BP allows participants to conduct transactions, transfer value, and engage in economic activities within the project. By facilitating peer-to-peer transactions, $BP removes intermediaries, reduces transaction costs, and provides greater financial freedom to users.

2. Utility Token: $BP provides access to specific services or functionalities within the Beyond Protocol platform. These tokens can be used to pay for services, access premium features, or obtain exclusive benefits within the ecosystem.

3. Secure Transactions: Beyond Protocol leverages innovative blockchain technology and the hardware signature from devices to validate transactions and communications, rendering devices probabilistically impossible to hack.

4. Autonomous Blockchain Transactions: The Beyond Protocol Wallet enables secure and simple wireless identity, authentication, and payments for the next generation of mobility solutions and beyond.

Unique Features and Benefits

Beyond Protocol's unique features and benefits set it apart from other tokens, making it a promising project in the crypto space.

1. Secure and Simple Wireless Identity: The Beyond Protocol Wallet enables autonomous blockchain transactions through secure and simple wireless machine-to-machine communication.

2. Hardware Signature Validation: Beyond Protocol leverages innovative blockchain technology and the hardware signature from devices to validate transactions and communications, rendering devices probabilistically impossible to hack.

3. Ethical Language for Devices: By creating a platform independent from interference and secure from nefarious actors, Beyond Protocol seeks to put ethics back into technology for beyond tomorrow.

4. Mega App Store: Beyond Protocol's mega app store will revolutionize the way we use technology, enabling devices to collaborate with each other and creating an infinite number of use cases.

5. Blockchain Trust and Security: Beyond Protocol develops a secure protocol with blockchain trust and security, providing a trusted data source and secure machine-to-machine transactions.

6. Distributed Ledger Architecture for IoT: When distributed ledger architecture is applied to the Internet of Things, it creates the fabric of the new world, changing the rules and rendering devices probabilistically impossible to hack.

Tokenomics and Distribution Model

The tokenomics and distribution model of the Beyond Protocol crypto token are as follows:

1. Total Token Supply: The total token supply of Beyond Protocol is 500,000,000 BP tokens.
2. Circulating Supply: The circulating supply of Beyond Protocol is 165,059,723 BP tokens.
3. Maximum Supply: The maximum supply of Beyond Protocol is also 500,000,000 BP tokens, which is equal to the total token supply.

Market Data

Coin Statistics:

• Current Price: $0.0009
• Market Cap: $147,813.02
• 24h Price Change: -14.23%
• 7d Price Change: 45.98%
• 30d Price Change: 63.17%
• 24h High: $0.0010
• 24h Low: $0.0007
• All-Time High: $79.3044 (2021-10-05T03:49:02.000Z)
• All-Time Low: $0.0002 (2023-07-08T22:25:00.000Z)
• Circulating Supply: 165,059,723.00
• Total Supply: 500,000,000.00

Team Behind Beyond Protocol

The Beyond Protocol crypto token is backed by a team with extensive experience in blockchain technology, cryptography, finance, and related industries. Here are some of the core team members:

1. Jonathan Manzi - Co-Founder and CEO: Jonathan is a Thiel Fellow and a serial entrepreneur with a background in computer science and physics. He has experience in building and scaling technology companies and is passionate about leveraging blockchain technology to create a more secure and decentralized world.

2. Henry Asenso - Co-Founder and CTO: Henry is a seasoned software engineer with a strong background in blockchain technology and cryptography. He has worked on various blockchain projects, including the development of smart contracts and decentralized applications.

3. Dr. David Lee Kuo Chuen - Advisor: Dr. Lee is a professor of finance and blockchain at the Singapore University of Social Sciences. He has extensive experience in the financial industry, having served as the CEO of a major bank in Singapore. He is also a well-known author and speaker on blockchain technology and its applications.

4. Dr. Wei Wang - Advisor: Dr. Wang is a professor of computer science at the National University of Singapore. He has published numerous research papers on blockchain technology, cryptography, and data security. He is also a well-known speaker and consultant in the blockchain industry.

5. Dr. Prateek Saxena - Advisor: Dr. Saxena is a professor of computer science at the National University of Singapore. He has extensive experience in the development of decentralized applications and smart contracts. He is also a well-known speaker and consultant in the blockchain industry.

Strategic Partnerships and Collaborations

Beyond Protocol has successfully established strategic partnerships and collaborations with various organizations, demonstrating the team's ability to apply Beyond Protocol's technology in various industries, including healthcare, mobility, and biometrics. Some notable partnerships include:

• EU Commission
• Vanderbilt University
• Cage the Elephant
• Cisco
• Heads and Tails at Field of Dreams

Roadmap and Future Plans

Beyond Protocol has a comprehensive roadmap that extends through 2026, outlining plans to launch an AI IDO screener, develop AI tools tailored for startup teams, and set up the Community Marketplace. The team's ability to execute their vision and deliver on their roadmap is supported by their extensive experience and strategic partnerships.

Conclusion

Beyond Protocol is set to revolutionize the IoT ecosystem with its innovative blockchain technology. By providing a decentralized security layer and a smart contract platform, Beyond Protocol enhances trust and security among connected devices. The $BP token plays a