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.


Earn Tokens DEFI free, in coinmarketcap🤑🐱‍🏍

16 Aug 2020 1 minute read 3 comments Klo

Hello!! I have not published anything for a long time and I have found this, it seems interesting since you learn and earn decentralized economy tokens. On the coinmarketcap website they have "copied" the COINBASE earn, it is very, very similar. We d...

HUGE OPPORTUNITY to EARN 43 $ in BAND CRYPTO FOR FREE !! - Yes, you Have WELL UNDERSTOOD, FOR FREE only By LEARNING on DEFI BAND PROTOCOL

9 Dec 2020 1 minute read 0 comments Digital Asset Culture - YouTube Channel - France

There is a Fantastic Opportunity at the moment, to GET until 43$  of BAND CRYPTOCURRENCY FOR FREE. How ? In my latest YouTube video, I have made a comparison between COINBASE , CELSIUS and BINANCE. And people often hear about Bitcoin, Ethereum, and...

How to Earn $US43 Band Protocol (BAND) Tokens - Simple Step by Step Guide

9 Dec 2020 5 minute read 8 comments Bragato18

My ole Gran Pappy used to say "Don't look a gift horse in the mouth". Now people love getting free stuff, especially getting free cryptocurrency.  Whether it from completing social media tasks to get that airdrop sent to your wallet, retweeting some...

New Coinbase Earn Token || Learn Filecoin & Earn FIL - Watch FIL Video learning & Earn up to 6$ in FIL

11 Dec 2020 1 minute read 1 comment FreedomBuilder

  ✨ Coinbase Earn has just introduced a $6 Reward worth of FIL for watching three videos that explain what Filecoin is, how it works and the mission behind it. 🌀 Filecoin is a decentralized marketplace for data storage and retrieval. Learn how it wor...

Coinbase & Atomic Wallet Collusion

22 Feb 2021 1 minute read 0 comments Joshwillmakeit

Coinbase, I'm sure any experienced trader uses only when necessary due to fees and overall incompetence of the exchange. Basically the Macbook of exchanges, hergo overly simplified to the extent of almost being insulting. That said, the focus here is...

Band protocol vs Chainlink - Which one to buy??

10 Dec 2020 1 minute read 2 comments Cryptofab

If you compare these both oracle tokens: Chainlink is the #1 but Band is growing. The latest contract with Fantom is quite promising  Band uses Cosmos blockchain whereas Link is on Ethereum network Cosmos DeFi projects represent a huge potential whe...

Four Newcomers To Crypto Could Outperform Bitcoin And Ethereum To Become Best Investments Of 2020, Says Lark Davis

19 Jul 2020 1 minute read 0 comments PassionCryptodotcom

Popular crypto researcher Lark Davis believes that a number of decentralized finance (DeFi) projects that are not based on Ethereum have significant growth potential. He specifically points to the benefit of four little-known crypto assets that he be...

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...

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....

What is Band Protocol? Stake Band Using Atomic Wallet for a 17% Return

1 Sep 2020 1 minute read 0 comments Jay Fried

What is Band Protocol? How to Stake Band for a 17% Return | Giveaway! Secure, Scalable / Blockchain-Agnostic / Decentralized OracleBand Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart con...