Band Protocol (BAND) explained in 6 steps

Aiming at creating cryptocurrency based communities, BAND is a platform that combines decentralized applications.

1. When and by whom was it founded?

The founder of Band Protocol launched in September 2019 is Soravis Srinawakoon.

2. Infrastructure of BAND

Built on Ethereum blockchain, BAND switched to Cosmos Network in June 2020. Band protocol is in compliance with various blockchain networks and it is also suitable for the development of smart contracts. Having a purpose of meeting data demands, Band Protocol allows for the creation of smart contracts which can easily be introduced for use.

3. What does it promise to the users?

Band Protocol does not only aim at providing data security for decentralized applications but also at ensuring scalability. It was launched to collect data and to connect them to blockchain and smart contracts.

4. Is BAND mined?

BAND is not a type of cryptocurrency that is mined.

5. The lowest and highest price with the total supply

The highest value of BAND was recorded as $23.19 on April 15, 2021, and the lowest value was $0.2042 on November 25, 2019. The circulating supply of the cryptocurrency is 20,494,033 BAND with a total supply of 100,000,000 BAND on the market.

6. How to make BAND transactions on Paribu?

You can execute BAND transactions immediately via the link.

Bu içerik en son 26 October 2022 tarihinde güncellenmiştir.


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