What is Band Protocol?
Band Protocol is a cross-chain decentralized oracle that allows smart contracts to connect and aggregate any external data source or API in a trust-less and scalable manner.
Requirements to participate in this airdrop.
1. You must open account in CoinMarketCap and verify your email address: https://coinmarketcap.com/
2. Create account on Binance and verify your email. Check spam folder for verification link, Binance is the top exchange platform. Visit the given link to register on binance: https://www.binance.com/en/register?ref=46782015
1st learn about BAND tokens here:https://coinmarketcap.com/earn/project/band-protocol
there is total 3 learning videos. If you want to learn more than you can go through videos and find out answer yourself which will help you to know more and make your chance to win with a high percentage.
Then click on start quiz: https://i.imgur.com/h6lyWjs.png
Once you click on start Quiz you see Ready for the Band Protocol Quiz? on your screen click on "NEXT" Verify that you are not a robot.
-Please carefully read the CoinMarketCap Earn Terms and Conditions. You will only be eligible to participate in the quiz if you click on "I agree with the CoinMarketCap Earn Terms and Conditions."* then click on I agree with ......
Enter your email address you have registered with CoinMarketCap
Ad your BAND Wallet address and memo . So that when airdrop ended you will receive your BAND token directly to your wallet.
- There will be total 7 questions, I'll provide you question's Answers which will be easy to take a quiz.
QUIZ Q/ANS 👇🏻
Q1. Why is Band Protocol important for DeFI & Smart contract use cases....?
Ans: It reliably connects smart contracts to a.....
Q2. What is an example of decentralized ....?
Ans: All of the above.
Q3. What does Band Protocol offer in compar....?
Ans: Low cost, real-time data, support for any data type, cu...
Q4. How is the BandChain decentralized orac....?
Ans: Validators and underlying stakers receive a ........
Q5. Why are validators who fulfil data request....?
Ans: Align economic incentives for validators.. .
Q6. What can BAND token holders do to help secure....?
Ans: Delegate or stake Band for choosen validators(s).
Q7 The BAND token is used to pay for transaction fees on Bandchain,......?
Ans: more fees are generated through the network,.....
