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.


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 New Opportunities

11 Dec 2020 1 minute read 1 comment CPix

Over the past week Coinbase Earn has offered lessons on Band Protocol's $BAND token and Filecoin's $FIL token. The Band lesson was made slightly different than previous versions of Coinbase Earn lessons. Instead of short videos with explanations rega...

How To Claim $43 Worth Of Band Protocol Token With Coinbase Earn!

11 Dec 2020 1 minute read 0 comments Tibiosza

Learn how to claim $43 today by following a few steps!What does Band bring to blockchains?answer - Real world data What are Band’s decentralized data feeds called?answer - Oracles What’s one benefit of staking your BAND tokens?answer - Earn crypto re...

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 Earn New - $ 3 BaND Token Quiz ($ 40 for referrals) + $ 6 FILECOIN

11 Dec 2020 1 minute read 1 comment seboafc

Coinbase Earn New - $ 3 BaND Token Quiz ($ 40 for referrals) + $ 6 FILECOIN Hello, after entering the coinbase account, we enter Earn Coinbase and we have a new FILECOIN quiz, we enter, sign up and either wait or get a quiz immediately, we also have...

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...

Learn Band and Earn Band

10 Dec 2020 3 minute read 1 comment Rutkowski

Earn $43 of BAND Hello everyone, Coinbase is back at it again with another earn drop opportunity that can earn you up to $43.00 of BAND that is currently valued at $6.71 with a Market Cap of 130 Million. You will have to answer 3 questions about BAND...

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...

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...

How to - add a new token to Metamask wallet manually

9 Dec 2020 1 minute read 4 comments usedname

So you're preparing to send an ETH token to your Metamask wallet but concerned you can't see it listed or you have already sent a token to your Metamask wallet and panicking there's no sign of it.  Metamask can support ETH tokens and also BSC (Binanc...