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Band Protocol Price

(BAND)

$0.166
0.00%(5m)

1m5m15m1h8h1d1W
Band Protocol (BAND) Live Price Chart

    Band Protocol Live Price Data

    The live price of Band Protocol is 0.166, with a total trading volume of -- in the last 24 hours. The price of Band Protocol changed by +0.54% in the past day, and its value has decreased by -1.89% over the last week. With a circulating supply of 179,370,072 BAND, the market cap of Band Protocol is currently 0 , marking a +0.54% increase today. Band Protocol currently ranks #574 in market cap.

    How do you feel about BAND today?

    Note: This data is for reference only.
    pk

    BAND(BAND) Profile

    altRank574
    rateBB
    Expand
    $0.163
    $0.1684

    ATH
    $23.19291368
    Price Change (1h)
    --
    Price Change (24h)
    +0.54%
    Price Change (7d)
    -1.89%
    Market Cap
    24h Volume
    Circulating Supply
    179,370,072
    Max Supply
    144,539,270

    About Band Protocol

    • What Is Band Protocol (BAND) Crypto?

      Band Protocol's ability to bring real-world data into the blockchain space is vital for decentralized applications (dApps), particularly those in the DeFi sector. It helps in scenarios like price feeds for decentralized exchanges and weather data for insurance contracts.

      Blockchain Oracle Platform

      Band Protocol acts as a bridge between blockchain smart contracts and real-world data sources, including APIs and traditional web services. This enables smart contracts to access and use external data in a trustless and decentralized manner.

      Cross-chain Compatibility

      Band Protocol is designed to work across multiple blockchain networks, making it versatile and capable of providing data to various blockchains, not limited to a single one.

      Secure and Reliable Data

      It ensures data reliability by utilizing a network of validators to confirm and validate data accuracy. This prevents the manipulation of data used in smart contracts.

      BAND - the Utility Token of Band Protocol

      BAND is the native cryptocurrency of Band Protocol. It is used for various purposes within the Band ecosystem, such as staking, governance, and rewarding validators.

    • How Does Band Protocol Work?

      Band Protocol is a cross-chain data oracle platform designed to bring real-world data into blockchain applications, particularly for smart contracts. It collects data from various real-world sources, including APIs and traditional web services.

      The collected data is securely stored on BandChain, a blockchain specifically designed for Band Protocol. dApps and smart contracts can access this data on BandChain. This access is crucial for dApps that require external data, such as price feeds for decentralized exchanges or weather data for insurance contracts.

      Band Protocol relies on a network of validators who confirm the accuracy of the data. Validators are incentivized and may need to stake Band Protocol's native cryptocurrency, BAND, to participate.

      Band Protocol effectively acts as an oracle for smart contracts. It provides a trusted external data source, enabling smart contracts to execute based on real-world conditions.

    • History of Band Protocol and BAND Coin

      Band Protocol was conceptualized in 2017 by co-founders Sorawit Suriyakarn, Paul Nattapatsiri, and Soravis Srinawakoon, who aimed to address the need for reliable off-chain data in blockchain applications. Band Protocol's native token, BAND, was launched on September 9, 2019.

      The Band Protocol mainnet was officially launched on September 30, 2019. This marked a significant milestone in its development, allowing it to begin providing decentralized oracles for blockchain applications.

      Band Protocol has undergone several funding rounds, raising $3 million from 14 investors. It has also evolved, with BandChain, built using the Cosmos SDK, playing a central role in its development.

      Phase 0 enabled BAND token transfer and staking for validators in the Band Protocol roadmap and launched its mainnet on June 6, 2020.

    FAQ

    • How much is 1 Band Protocol (BAND) worth?

    • Is Band Protocol (BAND) a Good Investment?

    • What Is Band Protocol Price Prediction?

    • How to Use BAND Token

    • How to Stake BAND on Band Protocol

    • Who Are Band Protocol’s Partners and Investors?

    • What is the all-time high price of Band Protocol (BAND)?

    • What is the all-time low price of Band Protocol (BAND)?

    • How much Band Protocol (BAND) is there in circulation?

    • How do I store Band Protocol (BAND)?