Beyond Protocol

Use Case: Universal Protocol for IOT Devices
Remarks: Best price I found 0.1$, linear release for 12 months

This project scores 61.36% because it did not pass our technology review. This is the reason we have decided to pass on Beyond Protocol. All of the other metrics for this project were good, but our technology team does not believe in the technology.

The project has strong competitors with a realised product. A current patnerships do not create substantial value.

The product is not ready, the clear roadmap has not been presented. The security mechanism does not consist with the blockchain technology.

No details about token economics has been presented. Tokens would comply ERC #780 standard.

The project is overvalued. A planned usage of funds have not been presented.

The project has only 3 people in the team. Only one team member has an experience with blockchain.

Beyond Protocol is a very ambitious project being led by a strong, professional team that is developing a global-scale idea of IoT for all devices working under a unified protocol. The project is also a founding member of MOBI, a “nonprofit organization working to make mobility services more efficient by promoting standards and accelerating adoption of blockchain, distributed ledger, and related technologies.” Beyond Protocol is a promising project, but not yet formed and still having missing details. They don’t have a product, the current information about the token and its distribution is not enough.
Keep an eye on Beyond Protocol, because it has a serious potential in the IoT industry.