1. What is beat?

Introduction to BEATTokens

BEAT is a type of token, with specific information as follows:

• Total Supply: The total supply of BEAT tokens is similar to fully diluted shares in the stock market, but the exact number may not be provided or verified.
• Trading Platforms: BEAT can be bought and traded on multiple token trading platforms, such as Binance and Bitget.
• Real-time Information: The real-time price and trading volume of BEAT can be viewed on trading platforms, but this information related to price is outside the scope of this introduction.

Note: This introduction does not cover price-related information, only basic token information.

2. Who founded beat?

According to the provided information, the founder of BEAT coin is Garth Howat, a successful entrepreneur passionate about Fintech and Blockchain, dedicated to bringing the advantages of cryptocurrency to the global banking sector.

3. Which venture capital firms invested in beat?

According to the provided information, the following venture capital firms have invested in projects in the token space:

1. a16z: Led a $450 million funding round for Yuga Labs (the parent company behind BAYC).
2. Polychain Capital: Participated in a $18 million funding round for Babylon and led a $50 million funding round for the Ethereum scaling project Scroll.
3. Paradigm: Participated in a $400 million Series A funding round for FTX US and led a $70 million new funding round for Babylon.
4. Sequoia Capital India: Co-led a $5 million seed funding round for STEPN with Folius Ventures.
5. Framework Ventures, Polygon Ventures, OKX Ventures, IOSG Ventures: Participated in a $18 million funding round for Babylon.
6. Bain Capital Crypto, Moore Capital Management, Variant Fund, Newman Capital, Qiming Venture Partners: Participated in a $50 million funding round for the Ethereum scaling project Scroll.
7. Standard Crypto, eGirl Capital, Mechanism Capital: Participated in a $20 million funding round for the Optimistic Rollup-based L2 network Blast.

These venture capital firms' investments in the token space cover multiple areas, including NFTs, DeFi, infrastructure, and more.

4. How does beat work?

Bitcoin is a decentralized digital currency that operates without requiring financial systems or government institutions. The following are the basic operational mechanisms of Bitcoin:

1. Transaction Record: Bitcoin utilizes peer-to-peer transmission over a digital network to record all token transactions. These transactions are recorded in a distributed ledger called the blockchain.

2. Blockchain: The blockchain is an open-source code that links transaction histories to prevent manipulation. It is distributed across multiple computers and systems within the network, with each system (node) having a copy of the blockchain. Every time a verified change occurs in the blockchain, every copy is updated.

3. Farm; Mine: Farm; Mine is the process of validating transactions, which requires miners and rewards them with Bitcoin. Miners validate the transaction's authenticity by checking the historical transaction records related to the payer on the blockchain.

4. Wallet and Keys: Users access their Bitcoin using wallets, public keys, and private keys. The private key is used to confirm Bitcoin exchanges between wallets, enhancing security.

5. Transaction Fees: Bitcoin users pay a small transaction fee in Bitcoin to miners to process transactions.

6. Decentralization: Bitcoin eliminates the need for central service providers, such as governments and banks, to verify currency transactions, as transfers are directly confirmed among users and are recorded on a shared public ledger.

In summary, Bitcoin achieves its operation through blockchain technology, the Farm; Mine process, and a decentralized network structure.