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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.
My 1st CryptoCompare video. In this video we will be doing a crypto comparison as we look at 2 Blockchain Oracles, Chainlink (LINK) and Band Protocol (BAND). We will look at what the differences are between Link and Band. And how these oracles can i...
Start earning $BAND. @BandProtocol is the first campaign to be launched on @CoinMarketCap Earn! How do you get $BAND? Watch videos, take a quiz. Each user earns up to $10 - no costs or trading risks. Plus, get entered into a $300 $BAND d...
CZ Binance tweeted - https://twitter.com/cz_binance/status/1293475421112029184 Rewards: Each user earns up to $10 - no costs or trading risks. Plus, get entered into a $300 $BAND drawing! ⚠️Step by Step Guide: 1. Register on Coinmarketcap & Veri...
Hello guys!Coinbase came on with new campaign, this time paid in BAND. You can earn up to $50. $7 from me by using my referral link If you came to BAND campaign by using my referral link, I will get $10 in BAND. Here is a special deal for first four...
Its very rare that you join a waitlist on Coinbase and quickly get to complete the task for free money. So here's one for you guys i got off the waitlist in less then 6 hours hope the link helps; Here's How it works; Sign up on Coinbase by clicking h...
Word up peeps. Just set up my Pub0x blog and my first post is to ask you to click below and earn yourselves some free Band....but you all really know what this is for. So if anyone would be so kind as click the link, get you some Band and help a...
Just wanted to give everyone a heads up that Coinbase has added a new coin to Earn! Band Protocol has been added! Complete the 3 quizzes and each one gives you $1 in BAND! Not a lot but an easy way to get $3 free! If you have not done it yet and wou...
At 12. August, CoinMarketCap (CMC) presented CoinMarketCap Earn. Here, CMC teaches cryptofans about any project. After viewing educational videos, users have to do a small quiz and if you answer all questions correctly, you will get a small amount of...
💰Reward: 10$ worth of BAND🚩Rate :🌟🌟🌟🌟🌟 ✅Guide: 1. Signup here: https://coinmarketcap.com/ 2. You must have a Band wallet address, for that signup here: https://bit.ly/3fYHMKh 3. Now go to this page: https://coinmarketcap.com/earn/project/band...
CoinMarketCap's Band Airdrop 💰 $10 worth Band ➡ Create an account on CoinMarkletCap. ➡ Visit the coinmarketcap Airdrop Page. ➡ Watch three videos and complete the Quiz. ➡ Submit your band wallet address from Binance or Coinbase Pro and your details....
