Latest Posts with Band Protocol (BAND) tag

Band Protocol (BAND)

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Band Protocol (BAND) is a blockchain-agnostic protocol that enables interoperability between the existing world wide web and smart contracts through oracles for decentralized applications (dapps). In addition to bridging traditional systems with decentralized ones, the project’s solutions also tackle the pain points of speed, scalability and data flexibility.

 

The project was founded in 2017 by Soravis Srinawakoon, Sorawit Suriyakarn and Paul Nattapatsiri, who respectively serve as the project’s CEO, CTO and CPO. The project’s whitepaper was published in Q3 2018, with a revision that followed in Q1 2019. Private and public testnet versions of the network were launched in Q2 and Q3 2019 respectively. 

 

Currently in the second phase of development, the features under construction are custom data oracle scripts and a custom scripting language. Subsequent development tasks include wider blockchain compatibility, more payment options and smart contract interoperability with enterprise software.

 

Broadly described by the development team as a “decentralized oracle framework for Web 3.0”, the protocol is based on the Cosmos (ATOM) Network and has the capability to process thousands of transactions per second. The network utilizes two tokens to facilitate its features, the native token BAND and “dataset tokens.”

 

The BAND token acts as collateral against which dataset tokens are issued. Dataset tokens represent ownership in various datasets that are used in data feeds. These dataset tokens can be used for governance and staking.

 

The team has already developed two functional applications of note: the data governance portal and the non-custodial BAND wallet. The latter is self-explanatory, storing the tokens that users will use on the network. The data governance portal is where users can purchase dataset tokens and commit to actions like staking. Governance decisions include deciding the cost of data query, dataset configurations and the number of data providers.

 

Learn more about Band Protocol (BAND) here, including news, price predictions, opinions and analyses created by users.


GetBlock Partners with Band Protocol to Provide Access to the BAND Full Node

13 Oct 2020 2 minute read 1 comment GetBlock

GetBlock, a provider of access to full nodes of the most popular cryptocurrencies, is partnering with Band Protocol, which allows an individual developer or a company to integrate the BAND cryptocurrency to their blockchain-based project without the...

Does Coinmarketcap earn work?

11 Oct 2020 1 minute read 11 comments d-erf

Hello all,   For now, 2 earning campaigns: BAND and LUNA.   I'm made BAND campaign: - I've received a mail telling me i answered well and will receive BAND - Received 2 weeks later that due to eth network high fees, and because i entered an erc20 ban...

Syndicate Report: Band Protocol (BAND)

8 Oct 2020 1 minute read 0 comments Keegan Francis

BAND was sold through the crypto.com syndicate program on September 27/09, 2020. Total Syndicate Contribution CRO: 74,193,413.94 USD: $10,841,191.35 BAND Oversubscription 44.4x Oversubscribed My Syndicate Contribution CRO: 35000 USD: $5114.22 Refund...

3 Top Staking Coins To Pick Up If Another Dump Strikes

8 Oct 2020 2 minute read 14 comments Sapphire

Prepare For The Best & The Worst In the event that markets drop further, it may be wise to go shopping for some quality staking projects. Ideally you want to find projects that offer 6% APR and higher. A coin that offers a 1% or 2% APR is not going t...

Band Protocol | Another Bullish Setup For Upto 401% Rally | Watch Details With Targets

30 Sep 2020 1 minute read 1 comment moon333

Hey, friends hope you are well and welcome the new update on the Band DeFi token. In this video you will watch how: The priceline of Band token has broken down 25, 50, and 100 SMAs and it can move down to 200 SMA as well.     Click here to create a...

Inside Blockchain Oracles: Examining Chainlink and Band Protocol

16 Sep 2020 5 minute read 0 comments AlgoRhythm

In the past few months, we've seen an explosion of oracle tokens, in particular, Chainlink and Band Protocol. Just in the past 90 days, Chainlink has grown from a low of $3.68 to $19.85, while Band has grown from a low of just $0.99 to a high of $17....

Band Protocol -- The FASTEST Horse Øf The Race !!!!!!--

14 Sep 2020 3 minute read 6 comments Stijnm85

Clear Explaination Of Band Protocol ANDSTARGATE The New Era For CØsmos!!      Short introduction of Band Protocol  Band Protocol is a cross-chain data oracle platform which solves the limitation for the majority of the existing smart contract platfo...

A Band Protocol technical analysis for trade possibilities #BAND

13 Sep 2020 1 minute read 0 comments RT618

I've recently gained interest in following Band Protocol (BAND)Here I'm only looking at chart technical analysis for trade possibilitiesand not into the project. Upside on a breakout watching for $14-$16 That's a 50%-70% gain.High target using bott...

I Avoided Yield Farming & The Food Court But Here Are The DeFi Projects I am Accumulating

10 Sep 2020 3 minute read 8 comments Sapphire

Learn From The Past I was present in the 2016 and 2017 ICO craze and that has helped me navigate my way through this recent DeFi frenzy. Most of the projects from that time fell by the wayside or at least fell to the bottom end of Coinmarketcap where...

Band Protocol | BAT Formation Upto 401% Possible Wave

9 Sep 2020 1 minute read 4 comments moon333

Hi, my friends hope you are well, there is another bullish wave possible by the price action of the BAND protocol token.   Formation of bullish BAT pattern:   This time on a 12-hour chart the BAND token is forming a harmonic bullish BAT pattern and s...