Band Protocol

Live band/INR Price

1080.24

Price Changes

0

24h Low

24h High

Live band/INR Price

1080.24

Price Changes

0

24h Low

24h High

band

BAND Price Statistics

Band Protocol Price Today


Band Protocol Price

108.0


Price Change24h

0.24%


Price Change7d

2.03%


Market Rank

#156


Market Cap

1,352 Cr


Trade Volume24h

47 Cr


Circulating Supply

13 Cr. BAND


Trading Activity

38% Buy 62% Sell

  • Band Protocol was the first blockchain firm to join OpenAPI.
  • The system switched to Cosmos from Ethereum in mid-2020, which is a more polished format.
  • Fewer BAND tokens would be available as it aims to have 66% of all tokens staked at any given moment.
  • The Band protocol and its BAND token aim to overcome the challenge of connecting decentralised finance with the centralised worlds.
  • It compensates BAND holders for their contributions to system upkeep and correct external data delivery to users.

Band Protocol is a blockchain-based programme that rewards users for providing real-world data to decentralised applications (dapps). Band Protocol offers this function using software that rewards a specific class of users called validators for providing and verifying external data.

A Thai startup created band Protocol. Soravis Srinawakoon, the CEO founded the Band Protocol.

Band Protocol (BAND) token is the native currency of this program.

  • Band Protocol will allow on-chain DApps to safely communicate external data like real-world events, sports scores, election polls, weather predictions, random pricing, and more.
  • It will help prediction markets to leverage blockchain technology, ushering in a new financial era.
  • The Band Protocol will also assist the DeFi industry by securing external data sources.

FAQ's

Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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