Verified OGs:
9
CryptoFam:
264
Projects:
26551
BTC:
$108,998
0.35%
ETH:
$4,451.94
2.51%
ETH Gas
Low
Avarage
High
Data by Etherscan
Market Cap:
$3.87T
Fear&Greed:
48

Band BAND Logo
Band BAND
$0.80257 1.12%
OG Score 42.21
Reviews 3
Band BAND Logo

Band BAND Price

$0.80257 1.12%
Low All Time High
$0.203625 $22.83

Introduction

Band Protocol, launched in 2017, is a decentralized oracle linking real-world data to blockchain applications. More

OG Score 42.21
Reviews 3
Market Cap $131.62M
Market Cap Rank # 421

Token Stats

Fully Diluted Valuation $132.55M
24H Trading Volume $10.39M
24H Low / High $0.80 / $ 0.83
Circulating Supply 164.03 M
Total Supply 165.19 M
Max Supply

Info

Categories Business Services 9 more
Founder Soravis Srinawakoon 2 more
Website bandprotocol.com
Socials 8 more
Chains Ethereum Ecosystem 3 more
Explorer Atomscan 9 more
Contracts Band 0xba1....d7f55 3 more

BAND/USD Price Chart

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$BAND Community Sentiment

OG Evaluation

OG Score

OG Score Rank #555
Reviews 3
Gem Score 12.67

OGAudit Coin Evaluation Metrics

Innovation 48 .30
Innovation Evaluates whether the project introduces a unique, impactful solution that clearly outperforms competitors.
Security 39 .57
Security Assesses the robustness of smart contracts or protocol security, and the availability of up-to-date audit reports.
Community 43 .53
Community Measures how actively the team engages its community and whether governance decisions involve on-chain voting or transparent input.
Tokenomics 41 .23
Tokenomics Examines the utility of the token, distribution fairness, and whether there are clear incentives for long-term holding or usage. Also evaluates the project’s revenue model, including income sources, sustainability, and whether value flows back to token holders or the ecosystem.
Team 40 .23
Team Evaluates the experience,credibility of the founding and development team.
Roadmap 40 .37
Roadmap Assesses the clarity, transparency, and timely execution of the project's development roadmap.

Band $band User Reviews

What Crypto OGs are Saying About Band

$band Markets

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About Band $band

What is Band (BAND)?

Band Protocol, founded in 2017, emerges as a revolutionary player in the blockchain space. Launched initially as an ERC-20 project on the Ethereum blockchain in September 2019, Band Protocol soon transitioned to the Cosmos network in June 2020 with the release of Band Protocol 2.0. This decentralized cross-chain data oracle platform has a unique purpose: to aggregate and connect real-world data and APIs to smart contracts, thereby enhancing the practicality and efficiency of blockchain technologies.

At the heart of Band Protocol is BandChain, an independent Delegated Proof-of-Stake (DPoS) blockchain built using the Cosmos SDK, tailored for oracle computations including data sourcing, settlement, and aggregation. Validators on this blockchain stake BAND, the network's native token, to secure the network and earn a portion of the protocol’s fees. The introduction of BandChain marked a significant milestone, enabling decentralized oracles for blockchain applications.

What sets Band Protocol apart is its intuitive request interface for decentralized applications (DApps), facilitating the seamless acquisition of real-world data through a static smart contract function. This process does not incur substantial gas costs, making it economically viable. The integrity and reliability of data are upheld through a token holder incentive system, where the value of BAND is directly related to the data sets managed. This structure ensures a higher degree of data accuracy and trustworthiness, essential for applications relying on external data like price feeds for decentralized exchanges or weather data for insurance contracts.

Band Protocol is not just an oracle service; it's a bridge connecting the blockchain world (Web 3.0) with traditional web services (Web 2.0), fostering secure interoperability and data integrity. Its versatility, cross-chain compatibility, and secure, reliable data handling make it an indispensable tool in the DeFi sector and beyond. The journey of Band Protocol, from its conception to its status, underscores its commitment to bringing trusted, decentralized data solutions to the forefront of blockchain technology.

What is unique about Band (BAND)?

Band Protocol stands out for its ability to connect real-world data and APIs to smart contracts, offering an intuitive interface for DApps and efficient data acquisition, all on its independent blockchain, BandChain​​​​.

Who are the founders of Band (BAND)?

Band Protocol was founded by Soravis Srinawakoon (CEO), Sorawit Suriyakarn (CTO), and Paul Nattapatsiri (CPO)​​​​.

Who are the backers/investors of Band (BAND)?

Band Protocol has many investors and backers such as Binance Labs, The Spartan Group, Sequoia Capital, ZBS CAPITAL, Woodstock Fund, Arche Fund, Evernew Capital, Dunamu & Partners, ICONIUM and SeaX Ventures.

What is the consensus mechanism of Band (BAND)?

Band Protocol utilizes a Delegated Proof-of-Stake (DPoS) consensus mechanism on its BandChain blockchain​​.

Where can I buy Band (BAND)?

You can buy Band (BAND) on Binance, Gate.io, Bitget, OKXCoinbase cryptocurrency exchanges.

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