Band Protocol - Data Governance Framework for Web 3.0 Applications

Band Protocol’s main functionality is to bridge the gap between decentralized applications and real-world data while also ensure that data is accurate and trustworthy through economic incentives. Band Protocol will initially be built on the Ethereum network, but the protocol itself is not restricted to Ethereum infrastructure. As the protocol gets more widespread adoption, it will support all leading smart contract platforms and power the new generation of decentralized applications.

STO/ICO Status

Status
Ongoing
Symbol
BAND
Start Date
2019-08-17
End Date
2019-09-16
Hard Cap
5,850,000 USD
Initial Price
1 BAND = 0.473 USD
Token Supply
12,368,200
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Basics

PlatformN/A
TypeERC-20
AcceptingOthers
Circulating Supply12.37%
KYCN/A
Restricted AreasN/A
HomepageWebsite URL
White PaperView/Download

About

Bring Blockchain Closer to Mass Adoption

Data availability and reliability in decentralized platforms has restricted adoption since the inception of smart contracts. Band Protocol provides a standard framework for the decentralized management of data, serving as a fundamental query layer for applications that requires access to off-chain information. This eliminates the critical centralizing trust and points of failure that the oracle problem typically introduces to decentralized applications with other designs.

Data Availability

  • Band Feeds Data On-Chain Right When You Need For high-demand data such as ETH/USD price, the data are updated and kept on-chain on a regular basis. DApps can request and use the data with just one simple function call.

Data Reliability

  • Band Aggregates Data from Multiple Providers

Band enforces strict requirements before serving each query. Each data point requires more than ⅔ of qualified providers to serve the data, which guarantees high tolerance for collusion.

Aligned Economic Incentives

  • Dataset Tokens on Bonding Curves Each dataset has its own token for governing how the dataset functions. It incentivizes token holders and data providers to curate high-quality data, which in-turn drives greater security for dApps.

Decentralizing Trust Point

  • Community Runs Datasets and Grows Together Band provides a decentralized, unstoppable platform for community to curate reliable data. No single identity has authority to bypass governance and take control of the data.

Team

Soravis Srinawakoon
Soravis Srinawakoon
CEO and Co-Founder
Sorawit Suriyakarn
Sorawit Suriyakarn
CTO and Co-Founder
Paul Nattapatsiri
Paul Nattapatsiri
CPO and Co-Founder
Bun Uthaitirat
Bun Uthaitirat
Chief Fun Officer and Developer