Band Protocol

Description

Band Protocol – Secure and scalable decentralized oracle for Web3.0 Band Protocol is a secure and scalable decentralized oracle, serving as a layer-2 protocol on public blockchains. It allows dApps to leverage existing data
on the internet without trusted intermediaries, bridging the use cases between Web 2.0 and 3.0.

Problem Solved

Cheap: over 50% cheaper than current decentralized alternative with much less gas consumed. Band’s smart contracts are optimized for gas usage and require less than 30,000 gas to process a query call. Scalable: costs for
data providers remain constant regardless of how many dApps are using the data. Once a datapoint is put on-chain, multiple smart contracts can consume the data without added cost to data providers. Fast, instant query: logic
can be processed within one transaction, requiring 0 blockchain confirmation. Data is readily available on blockchain so consuming data can be done synchronously within the same transaction. Easy deployment: dApps can
integrate with Band Protocol using a few lines of code, with no major modification. Querying data on Band dataset is merely a function call on a predefined interface.

Token Use

Token will be used for the payment, transactions and for utility purposes across the platform.

IEO Ended

17 Sep 2019

Total raised

$5,000,000 / $10,850,000

General info.

Token: BAND

Token type: ERC-20

ICO price: 1 BAND = $0.473 USD

Finite token number: 100,000,000 BAND

Token Allocation: 5% Advisors, 12.37% Launchpad Sale, 5% Private Sale, 10% Seed Round, 25.63% Ecosystem, 22% Foundation, 22% Team.

Availability:

Afghanistan, Algeria, Albania, Belarus, Bolivia, Bosnia and Herzegovina, Burundi, Cameroon, Central African Republic, Chad, Congo Republic, Côte d’Ivoire, Cuba, Democratic Republic of the Congo,
Ecuador, Egypt, Equatorial Guinea, Eritrea, Ethiopia, Guinea, Guinea-Bissau, Haiti, Iran, Iraq, Kenya, Korea (North), Kyrgyzstan, Lebanon, Liberia, Libya, Mozambique, Myanmar, Macedonia, Pakistan,
Serbia, Sierra Leone, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Uganda, Uzbekistan, United States of America and its territories (American Samoa, Guam, the Northern
Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), Vanuatu, Venezuela, Yemen, Zimbabwe are Exempted.

Status: Whitepaper is ready.

Accepted currencies: BNB, USD

IEO

Date: Sep 16, 2019

Cap: 5,850,000 USD

1 BAND = $0.473 USD

Private sale

Cap: 2,000,000 USD

1 BAND = $0.40USD

Seed sale

Cap: 3,000,000 USD

1 BAND = $0.30 USD

Team Members

bounty0x-team_member_1-6

Soravis Srinawakoon

Linkedin Icon and Link

CEO & Co-Founder

bounty0x-team_member_2-3

Sorawit Suriyakarn Linkedin Icon and Link

CTO & Co-Founder

bounty0x-team_member_3-3

Paul Nattapatsiri Linkedin Icon and Link

CPO & Co-Founder

bounty0x-team_member_3-3

Bun Uthaitirat Linkedin Icon and Link

Chief Fun Officer & Developer

bounty0x-team_member_3-3

Kanisorn Thongprapaisaeng Linkedin Icon and Link

Developer

bounty0x-team_member_3-3

Prin Rangsiruji Linkedin Icon and Link

Developer

bounty0x-team_member_3-3

Atchanata Klunrit Linkedin Icon and Link

Operation and Legal Officer

Partners


Sequoia Logo

Dunamu&Partners

SeaX Ventures logo

Press


e27-logo

Yahoo logo

coindesk


Disclaimer: All ratings published on CryptoPotato are for informational purposes only. CryptoPotato does not provide investment forecasts, recommendations or consulting. Thus, neither CryptoPotato
nor its writers can be held responsible for its visitors’ investment decisions. CryptoPotato is not affiliated with and does not endorse or sponsor any listed token sales. CryptoPotato may receive a fee for
advertising certain token sales, in which case it will be designated and marked accordingly. CryptoPotato may receive a fee for conducting due diligence before listing, rating and/or evaluating a token sale.
CryptoPotato will never accept a fee in exchange for a certain rating score and/or evaluation for token sales. Full disclaimer