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.


Coinmarketcap Earn: Earning free BAND token!

13 Aug 2020 4 minute read 3 comments papaPutra

Everyone love free token, including myself (ofc) CoinMarketCap, that data aggregator platform which most of people stopped using awhile ago because of its inaccuracy, launched a earn campaign. Similar as Coinbase Earn, but without waitlist. (yay) To...

CMC campaign: Earn 10 USD of Band Protocol

14 Aug 2020 1 minute read 2 comments Crypto_Noob

Coinmarketcap.com together with Band Protocol have a campaign in the cmc website where you can earn 10 USD worth of Band Protocol and at the time of writing this article Band protocol rank 50 at cmc, the price was around 14 USD, and up 73% for the la...

One Mans Low, Anothers High?

4 Sep 2020 1 minute read 0 comments pssyEatnPreacher

  I know I'm not the only one that has heard of the term defi winter or crypto winter. Unfortunately there are many people that are losing their profits with the fall of these coins and tokens and for them I offer my grievances because while I didn't...

Few words about BAND Protocol

25 Dec 2020 1 minute read 0 comments arro

Band Protocol ($BAND) is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts to facilitate the exchange of information between on-chain and off-chain data sources.Band Protocol initially launch...

15 New Tokens added to Pokket

8 Sep 2020 1 minute read 2 comments scythenoz

What is Pokket? Pokket is a structured savings platform that offers very attractive interests rates as compared to other lending platforms.  Some of the coins are offering as much as over 400% interest rates per annum such as BAND and LEND. How Does...

BAND and FIL added to Coinbase Earn! Get your free tokens NOW!

11 Dec 2020 1 minute read 1 comment Nolan Mayersky

BAND and FIL added to Coinbase Earn While browsing Coinbase, I just noticed that they have recently added BAND and FIL to their Coinbase Earn program! With BAND, you can earn up to $49 of tokens. With FIL, you can earn up $6. Not much, but hey it's f...

Coinbase Earn - Band Protocol now available

9 Dec 2020 1 minute read 1 comment usedname

Coinbase have released another quick Earn opportunity this time collaborating with Band.  - Band Protocol is now available to quickly earn yourself $3- After completing users have the ability to share amongst others to get another potential $40 of Ba...

Is Now The Time?

27 Aug 2020 1 minute read 0 comments pssyEatnPreacher

BAT, among other crypto, have been on a DECLINE the last couple of days. Looking at the graphs using the week view we see a decline in cost/value, and if the patterns are correct we should see a climb in cost/value once again.   Now that does this me...

BAND Protocol: New Coinbase Earn Token - Watch BAND Video learning & Earn up to 43$ in BAND

9 Dec 2020 1 minute read 2 comments FreedomBuilder

  ✨ Coinbase Earn has just introduced a $43 Reward worth of BAND for watching three videos that explain what BAND Protocol is, how it works and the mission behind it.   🎁 Reward distribution: BAND token received from Coinbase Earn after only few hour...

Earn Band Protocol & Filecoin with Coinbase !

17 Dec 2020 1 minute read 3 comments Deamonia

Hello guys ! Coinbase just release 2 new earning program that you can earn up to $43 of Band Protocol and $6 of Filecoin. It's a nice way to learn about these new project and earn some crypto in the mean time. Other earning program with Coinbase: $59...