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Author Topic: [ANN] Beyond Protocol - Fabric of the New World  (Read 3003 times)
Jmanzi27 (OP)
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September 24, 2022, 02:43:53 AM
 #201

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It is very unusual that a project that record an ath of around $61.79 (according to coingecko) is currently trading below $0.10. This will not spark any kind of confidence on the part of the investors, it is currently -100% from ath. But like you already stated above, that price was artificially pumped it seems or someone with a big bag decided to dump and crash the price.
However, since the team are not giving up and working hard to make the project work, perhaps there is hope investors will profit and can as well regain trust on this project.

Hey - check out this from Telegram which helps explains the ATH:

Q: Can you explain a little bit about price history, and why one might consider backing Beyond Protocol?

A: Beyond Protocol has been on the market for a short period of time. Data aggregators like Coinmarketcap and CoinGecko first start tracking Beyond Protocol's price at a time when it was listed on Uniswap with low liquidity and no tokens had been unlocked to pre-salers. In addition to macroeconomic conditions affecting the entire industry, the price has nearly exclusively moved around two unanticipated events not tied to the fundamentals of the project: i. a social engineering exploit where a bad actor seized and dumped Beyond Protocol tokens ii. an unlock to pre-salers which happened without the support of our tier-1 market maker and launch on a tier-1 exchange as planned (the exchange listing was delayed and the market maker was unable to provided support on the smaller footprint of exchanges BP listed on).

There are severals reasons to believe a more normative price will be realized overtime:

 - The vast majority of the community is holding/staking their tokens; they are hold-term holders

 - Beyond Protocol will list on several tier 1 exchanges in the short term with the support of WinterMute, its tier 1 market making partner, who is also an investor

 - At mainnet, Beyond Protocol will facilitate transactions between a huge array of IOT devices, allowing them to communicate securely and cross-silo for the time

We are in the early innings of the first phase of the project.

With all that said, in our space, it is not uncommon for even bluechip, entrenched projects to see significant price action (see Example A below; Bitcoin loses 99 percent, 83 percent, etc.). The same of course holds true for the broader markets (see Example B below; Amazon from $113 to $6). We are focussed on building an enduring foundation on strong fundamentals, and we are confident normative value will be achieved.
Jmanzi27 (OP)
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September 24, 2022, 09:39:45 PM
 #202

(September 24, 2022) Tune into our weekly AMA tomorrow at 1pm EDT on Twitter Spaces to learn more about our vision and what we've been up to.

https://twitter.com/beyondprotocol1/status/1573786711477391361
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September 25, 2022, 08:37:38 PM
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September 27, 2022, 03:27:08 AM
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September 29, 2022, 05:11:16 AM
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September 29, 2022, 10:57:45 PM
 #206

(September 29, 2022) Be sure to stop by our weekly AMA tomorrow on Twitter Spaces at 1pm EDT for the latest project developments and to discuss all things Web3.

https://twitter.com/i/spaces/1vOxwMLwPqmGB
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October 01, 2022, 03:03:20 AM
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October 02, 2022, 03:50:32 AM
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October 02, 2022, 11:36:40 PM
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October 04, 2022, 05:24:39 AM
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October 05, 2022, 09:45:53 AM
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October 08, 2022, 12:20:58 AM
 #212

(October 7, 2022) Join us tomorrow at 2:30pm EDT for our weekly AMA. We'll be discussing the latest about the project and Web3.

https://twitter.com/beyondprotocol1/status/1578538817631399936
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October 11, 2022, 03:19:49 AM
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October 11, 2022, 09:52:59 PM
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October 15, 2022, 01:30:44 AM
 #215

(October 14, 2022) Tune into our weekly AMA on Twitter Spaces tomorrow at 2:30pm EDT to discuss all things Beyond Protocol and Web3.

https://twitter.com/beyondprotocol1/status/1581093949867163648
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October 18, 2022, 03:22:51 AM
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October 20, 2022, 02:40:33 AM
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October 22, 2022, 04:23:39 AM
 #218

(October 21, 2022) Be sure to stop by our weekly AMA tomorrow at 2:30pm EDT on Twitter Spaces for the latest project developments.

https://twitter.com/beyondprotocol1/status/1583602355492175872
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October 23, 2022, 04:41:17 AM
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October 24, 2022, 10:37:35 PM
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