API ID:
band-protocol
Trade Symbol:
Coin or Token:
Max Supply:
Use Case:
Launch Date:
Coin Overview
BAND
Token
100 Million
Blockchain data oracle
September 2019
Band Protocol
Band Protocol (BAND) is a token that powers a decentralized data oracle. An oracle is a service that sends real-world data to a blockchain so smart contracts can use it. A smart contract will trigger certain actions when certain conditions are met. Example: A farmer and an insurance company make a smart contract that says: “If it rains less than 2 inches this month in Phoenix, the farmer gets an automatic $5,000 payout.” The smart contract on the blockchain can’t measure rainfall on its own — it needs outside information. The oracle service fills this gap.
A Deeper Dive
Technology & Use Case
Band Protocol is a decentralized oracle system built on its own blockchain. It gathers data—like prices or events—from multiple sources, verifies it through validators, then delivers that information securely to smart contracts on other blockchains.
Origins & Team
Founded in 2017 by Soravis Srinawakoon (CEO), Sorawit Suriyakarn (CTO), and Paul Nattapatsiri (CPO), Band launched its token in September 2019 via an IEO on Binance Launchpad. It later transitioned from Ethereum to its own Cosmos-based chain in mid-2020.
Ecosystem & Partnerships
Band is deeply integrated into multiple blockchain ecosystems—it’s used across platforms like Cosmos, Ethereum, and more. Developers rely on its price feeds and data services, while BAND tokens power payments, staking rewards, and governance participation.
A Deeper Dive
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