Topic: Band Protocol - Cross-Chain Oracle solution & Chainlink Competition - Next 100X? (Read 1114 times)

The price of the BAND token has corrected very deeply, how do you see this situation? buy it now or wait for the market to improve
Bitcoin is still in a period of consolidation and has not yet determined its direction, will continue its correction or go back up, not many traders have entered the market because of this situation.

The Band Protocol network of decentralized oracles was unable to upgrade the BandChain blockchain to the second phase. Data supply channels and partners were not affected, no funds were lost, the project team assured. https://medium.com/bandprotocol/bandchain-laozi-mainnet-upgrade-post-mortem-4755b00c580e

🚀 Congratulations to our partners at @Mirror_Protocol on the Mainnet launch of Mirror V2! Band Protocol is delighted to help the $MIR team to secure $2B in TVL for 24 mAssets and now, expand collateral to $MIR, $LUNA, $ANC with $BAND price oracles.

https://t.co/LVsszHGhY6

👉 The Mirror team has partnered with the leading DeFi applications across blockchain networks to broaden the usage of mAssets. These partners include @PancakeSwap, @realmaskbook, @SetProtocol, @Wing_Finance, and more who are implicitly relying on the performance of $BAND.

🔐  With more projects integrating mAssets, Band Protocol has proven to be battle-tested, surviving a wide range of market conditions including Black Wednesday and continues to be the primary oracle for Mirror Protocol as they continue to rapidly accelerate development.

⛳️ Moving forward, Band Protocol is proud to continue our partnership with Mirror Protocol and relationship with their community to bring price exposure to real-world assets on-chain. We are currently working on the next set of use-cases and mAssets to be listed on Mirror V2!

it looks like BAND does have the potential to go to 100x, for now ROI is still 10x from ATL, with pretty good liquidity,
BAND is also able to compete to be in the top 100, yes even though now BAND is still below the top 100 coinmarketcap,
but there is a big opportunity to reach the top 100 again in the future

Band Protocol is proud to share our community update for May. This month we have made significant progress towards the launch of Phase 2 and integrations with major DeFi leaders to secure an additional $1.6B+ in value within smart contracts.

Our updates for May include:
- 5,800,000+ Oracle Requests on BandChain
- BandChain Phase 2 live on testnet
- First major battle-test in production
- Additional $1.6B secured by $BAND Oracles

Our priority remains streamlined towards the successful launch of BandChain Phase 2. This includes working with  institutional-grade data providers to set up premium oracle scripts and connecting them with Band Protocol partners to begin implementation.


Read more : https://medium.com/p/c357f495ee63/

BandChain Phase 2 (Laozi) — What’s New in Tech and Use-Cases

This article will discuss three major features in BandChain Phase 2 and the new use cases that opened up through Band Protocol.

• Streaming Revenue Feature for Data Providers
• Cross-Chain Feature: Inter-Blockchain Communication Protocol (IBC protocol)
• Throughput Optimization (8x Increase in Requests Per Block)

read the full article here https://medium.com/bandprotocol/bandchain-phase-2-laozi-whats-new-in-tech-and-use-cases-bd0bf6911dea

@yieldwatch a smart yield farming dashboard for monitoring and analytics with over 80,000 daily users, has integrated $BAND oracles for over 15+ fiat currency price feeds to enhance user experiences, reliability, and product scope.

With yieldwatch, DeFi users and enthusiasts retrieve all the relevant information at one glance including analytics on liquidity pools, yield farms, token staking on a user-friendly UI optimized for desktop and mobile use.

To create a robust analytics platform, applications must be able to display information from external sources in a constantly available, timely and accurate manner.

yieldwatch users can now consume data from up to 14 institutional-grade data sources supporting $BAND.

We look forward to collaborating with yieldwatch to implement Band Protocol oracles for crypto assets into their dashboard for the accurate and reliable pricing liquidity provider tokens and more to be revealed!

https://twitter.com/bandprotocol/status/1388104589207953411?s=21

I find the article that talks about BAND / USDT very interesting where the price ranges from $ 11.5 to $ 20.62, in these moments of correction in the Bitcoin market, what action plan does the project have? Seeing the graph, the bears want to push the bullish effort of investors:


Source: https://cointelegraph.com/news/data-shows-traders-rushed-to-buy-altcoins-during-bitcoin-s-dip-to-50k


  may we now have some feature for investors to put their money in BAND to resist the bearish onslaught of Bitcoin? I have read many articles, and I think that the long awaited season of altcoins may begin, eth is taking a bullish turn, is it to be expected that the BAND of a bullish movement with more intensity? even stronger than this 15 and 16 of abril?

@ICONFiWorld, a digital asset savings platform with over $75 million in AUM and designed to provide simple and intuitive products for all users, will support $ICX & $BAND staking and integration of extensive price oracles provided by Band Protocol.

https://medium.com/p/cb6e2c89e97b/

ICONFi provides an intuitive gateway for staking and both, flexible and fixed savings products for the strongest digital assets, ICONFi automatically compounds interest earned 6 times a day - keeping savings and DeFi interaction simple for users.

With the $BAND integration supporting all savings and staking products with real-time reference price data, ICONFi users will be empowered to utilize a verified spot price for digital assets to make informed decisions increasing both reliability and transparency.

ICONFi will also be supporting $BAND staking natively on the platform, this means that users will be able to stake and participate in securing the BandChain decentralized oracle network without having to interact with block explorers, hardware or manually re-staking rewards

Band Protocol is excited to join ICONFi’s mission to bring DeFi and blockchain technology towards mass adoption through a consolidated simple, intuitive,W and easy-to-use platform. We are thrilled to contribute further to the growing @helloiconworld ecosystem

We are proud to share that Coinbase $COIN is now live on @Mirror_Protocol and secured by $BAND oracles! The total value secured by #BandProtocol in Mirror smart contracts has now surpassed $2.1B+.

https://twitter.com/mirror_protocol/status/1384596948552880130?s=21

Users can trade traditional equities and $COIN while earning 68%+ APR or more LP’ing mCOIN/UST on liquidity pools across chains.

terra.mirror.finance

Interesting update from Coinbase for Band Protocol.
Coinbase recently announced that BAND tokens have been listed on the Coinbase exchange, and now New York residents can log in to buy, sell, convert, send, receive, or store BAND tokens on Coinbase.
https://twitter.com/coinbase/status/1366533876437368837

Linear Finance Launches Synthetic Assets Exchange Secured by Band Protocol on Mainnet


Linear Finance, a cross-chain compatible derivative asset protocol to cost-effectively and instantly create, manage, and trade synthetic assets with unlimited liquidity has launched onto the Mainnet with the integration of Band Protocol!

With both teams working tirelessly in the last two months, users will find a synthetic asset trading experience that boasts frequently updated pricing from Band oracles for all assets, coupled with fast and cheap on-chain execution with fees in the mere cents on Binance Smart Chain.

https://medium.com/bandprotocol/linear-finance-launches-synthetic-assets-exchange-secured-by-band-protocol-on-mainnet-2d6cb727143d

CoinGecko Formalizes New Partnership With Band Protocol to Support Band Standard Dataset and Phase 2


CoinGecko, one of the earliest and leading crypto data aggregators, has partnered with Band Protocol to provide highly accurate and reliable price feeds for over 6,000 unique crypto assets from over 400 exchanges. Trusted and utilized by the industry’s leading projects including Metamask, Trezor, Trust Wallet, amongst others — CoinGecko will be providing comprehensive crypto data on the newly launched Band Standard Dataset.

https://medium.com/bandprotocol/coingecko-formalizes-new-partnership-with-band-protocol-to-support-band-standard-dataset-and-phase-e2e24f6f778

Moonbeam Integrates Band Protocol


Moonbeam, the Ethereum-compatible smart contract platform on Polkadot, has completed the implementation of Band Protocol to bring decentralized and scalable cross-chain oracles to developers building on the Moonbase Alpha Testnet. With unrestricted access 150+ price feeds among other external datapoints supported on Band Protocol, both teams will be working to simplify the implementation process for Ethereum projects who wish to expand to Polkadot.

https://medium.com/bandprotocol/moonbeam-integrates-band-protocol-to-power-ethereum-compatible-smart-contracts-on-polkadot-ab3befd05b17

Fantom Launches Liquid Staking and Synthetic Assets Secured by Band Protocol on Mainnet


Fantom has launched liquid staking and synthetic assets in partnership with Band Protocol. Leveraging Band Protocol, staked assets can become liquid on a layer-1 protocol to be used borrowing, lending, or for price exposure for up to 176 synthetic assets secured by scalable, real-time, and truly decentralized oracle technology without reliance on a centralized procedures or single points of failure.

https://medium.com/bandprotocol/fantom-launches-liquid-staking-and-synthetic-assets-secured-by-band-protocol-on-mainnet-c6ee0707bf84

Band Protocol November 2020 Community Update

- Tech Updates
- Yoda v1.2.7 Release & BandChain Update
- Notable Developer Client Tool Update
- Notable CosmoScan Update
- Partnership Developments: Brave New Coin | Haven Protocol | LunaDEX | Swingby | Linear Finance | ICON Network
- Hack the Horizon Hackathon With Harmony
- Binance US AMA

Learn more: https://medium.com/bandprotocol/band-protocol-november-2020-community-update-56b9bcf02566.

Brave New Coin Strategically Partners With Band Protocol to Bring Institutional-Grade Price Data to BandChain


Brave New Coin (BNC), the leading data analytics and research company backed by Techemy Ltd has partnered with Band Protocol to bring institutional-grade weighted average spot prices for up to 1500+ digital assets onto the BandChain decentralized oracle network. This will empower developers on any layer-1 or layer-2 blockchain to access and readily integrate these premium and credentialed spot price feeds.

https://medium.com/bandprotocol/brave-new-coin-strategically-partners-with-band-protocol-to-bring-institutional-grade-price-data-f4e6bc68347f

ICON Network Launches BandChain Validator Node and Doubles Down on Partnership With Band Protocol


ICON Network, one of the largest decentralized blockchain networks, is expanding its collaboration and partnership with Band Protocol to operate validator nodes on each other’s networks. The ICON Foundation has been collaborating with Band Protocol to ensure that its rapidly growing developer and application ecosystem continues to use secure and decentralized oracle technology provided by Band Protocol.

https://medium.com/bandprotocol/icon-network-launches-bandchain-validator-node-and-doubles-down-on-partnership-with-band-protocol-fea7442cdb2e

Band Protocol became a strategic partner of Luna DEX, for the decentralized exchange of more than 100 cryptocurrencies developed on the Solana platform
https://medium.com/bandprotocol/lunadex-strategically-partners-with-band-protocol-to-secure-solana-based-decentralized-exchange-56792f4f0a4c

It is possible. but i dont stuck on next year. Band will blow up in upcoming bull for sure. I will not be a bag holder even it is band or whatever it is. crypto market is full of failed good projects.

Haven Protocol Integrates Band Protocol To Secure Decentralized Private Assets


Haven Protocol, a leading decentralized and algorithmic asset protocol, has integrated Band Protocol as the oracle provider into the network as part of their recent protocol upgrade. Over the last few months, both Band Protocol and Haven have been working on iterating and testing a stronger price feed for XHV that has the capacity to update faster every 30 seconds and operate more reliably by using multiple trusted and high-quality data sources. Haven Protocol is also integrating and testing additional price feeds from Band Protocol for XAU, XAG, EUR and CNY for their upcoming private synthetic assets (xGOLD, xSILV, xEUR, and xCNY) in phase two.

Read more: https://medium.com/bandprotocol/haven-protocol-integrates-band-protocol-to-secure-decentralized-private-assets-247cd7a09d96.

Announcement for Band Protocol and Oracle Cross-Chain Platform Integration has been posted, whereby Band will provide live price feed for 12+ exchange rates in real tim https://medium.com/iov-internet-of-values/integration-announcement-band-protocol-c65502423c84

Komodo Strategically Partners and Integrates Band Protocol into Flagship Decentralized Exchange AtomixDEX

Komodo, the blockchain industry’s first open composable smart chain platform, has chosen to integrate Band Protocol for scalable price oracles into their flagship product AtomicDEX — a secure wallet and non-custodial decentralized exchange rolled into one.

The integration of Band Protocol comes at a crucial time as AtomixDEX nears the initial beta release of v0.3 which goes live on October 29. Additionally, desktop users will be able to add BAND as a custom ERC-20 token, which enables you to store and swap BAND on AtomicDEX.

Learn more: https://medium.com/bandprotocol/komodo-strategically-partners-and-integrates-band-protocol-into-flagship-decentralized-exchange-3904e68f1a96.

Band Protocol successfully upgraded Band Protocol, completed Phase 1 and plans for Phase 2

https://medium.com/bandprotocol/bandchain-phase-1-successful-mainnet-upgrade-and-guanyu-launch-ac2d0334da77

Damn I wish I had stumbled upon this earlier. I was interested in Oracles but always thought the price was too high . I have been proven wrong with all the Oracle projects getting a super run now.

Do you have any bias or analysis to backup your speculated price? I'm just curious because $100 doesn't seem like a price people would be happy to pay for either LINK or BAND. Right now, sellers have been in charge since they both attained their most recent all time high. 2-3x from the current price is a more realistic price prediction. BAND has more potential since the marketcap is like 10x less compared to LINK.

Currently almost all top exchanges are competing to list DeFi tokens on their exchanges, because currently DeFi tokens are in demand by the market and have a very high trading volume. of course they don't want to lose traders on their exchange.

We will see, whether BAND and LINK tokens will reach hundreds of dollars by the end of this year.

Yes, the link with coinmarketcap is likely to increase the profile of the coin significantly, and this in turn could well lead to an increase in price. It's interesting, we've had Coinbase Earn for a while, and now coinmarketcap is getting in, too. Of course there are as usual geographical limitations, in this case with no US involvement... but still, overall you'd imagine this campaign is a positive for both coinmarketcap and Band.

I believe that currently chainlink has increased quite sharply and is very suitable as an alternative for investors to make lucrative investments. don't miss opportunities that might disappear from your sight

Band announced the launch of the Proof-of-Authority main network, which has passed the code verification audit, the Least Authority, which has a high level of authority on verification of blockchain projects, acted as the auditor

https://medium.com/bandprotocol/bandchain-phase-1-proof-of-authority-mainnet-launch-b38a354abcc

The way these both coins have performed especially in terms of value and price gain is more than impressive. I was aware of chainlink as a quality project but band protocol just came out of no where and just conquered the market but only time will tell if it was merely hype and fomo or the real use cases are what are driving the price of these coins.

Poloniex Exchange Lists 25 DeFi Projects Including Band Protocol, BAND / USDT Trading Pair
https://medium.com/poloniex/band-protocol-is-now-available-on-poloniex-5b5748879aec

no one knows how long it will last BAND pump ,Defi and oralce tokens boom.im one of the ordinary person who want to ride on the pump but don't want to lose own money.　so,i have put on OCO order at BINANCE beside seeking next 10x coin.

If you look at the performance of BAND tokens from the start of opening trades until now, the increase is extraordinary,
even now it has managed to reach a new all time high. Even though it is a new project but has shown its quality as
a potential token, it turns out that one of the reasons for the BAND token pump is because listing on the Huobi Global
exchange. If you want to invest in BAND tokens, you can wait for a price correction, because if you buy now it is not
recommended. Because you can buy at peak prices.

I see now why this coin pumping since yesterday oracle solution project are now in trend because of chainlink but sooner the project with this same idea will be crowded just like what happened to AMPL(Ampleforth) which was cloned by many project and only changed The rebase timing which is obviously a ponzi scheme. I hope for success of BAND protocol in the future. Maybe they can follow the path of chainlink.

BAND Token is Now Available for Trading on Huobi Global

The BAND native token will be supported for trading on Huobi Global beginning August 10.

https://cointelegraph.com/news/band-token-is-now-available-for-trading-on-huobi-global

pump and dump is usually done, we see how in the binance exchange, there are buying and selling transactions, you can see a bot that keeps the BAND price in the sleigh until now and has the potential to dump it to a price of $ 6, maybe it could be more

   Thanks for the detailed review! I like how you explained Band Protocol and I will check more about this project! I have Link
and this amazing rise in the last weeks is great! If Band Protocol can follow Link I will be happy to invest in it!
   Both can be great long-term investments, because they are getting more popular with time!

I've just seen it's growth now and it is huge, It is impressive actually for a coin like this, more than 1000% in a year, there must be a good team behind it who is working for the project greatly.  Investors should see it. Now this is what it looks like when you have a direct partnership with Defi platforms, you get an instant support from the DeFi believers. Thus the acceleration of DeFi application is going to a new technology. Just WOW.

we cannot tell but supporting it would continue its life in the market, be aware also this might be a short term, but as for what I see it, it will go to the moon.

Leading ICON Network Validator Ubik Capital Strategically Partners with Band Protocol
Band Protocol has strategically partnered up with ICON Network’s fourth-largest public representative (P-Rep), Ubik Capital, which has over 14.5+ million ICX staked to them and 3800 unique delegators.
read more
https://medium.com/bandprotocol/leading-icon-network-validator-ubik-capital-strategically-partners-with-band-protocol-309e0f502c89

Previously, Chainlink was a major player in Oracle Data because they still understand a little about its importance in this ecosystem and in the past few years I have seen one of these is Tellor but there is very little publication, one of the competitors who has taken over the main role in the domination of data providers, namely BAND, maybe if Tellor is ready even their marketing is very good not the 3rd possibility is Chainlink, BAND, Tellor

Basically the increase was not due to supply, I see that the increase in BAND is very significant because the public is aware that Chainlink's dominance in data providers will be taken over by BAND, even you may not have heard of one of the other competitors, namely Tellor in providing Oracle data

I think BAND has those chances to increase, and maybe the price will pass $10 in a short time. We don't know because as long as bitcoin price still is like this, the altcoin and the token will be up and down following bitcoin price. BAND have less total supply than LINK tokens, so maybe that can make the price to increase higher. But we should wait for a while and see what will happen to the market.

that's right, after the hard pump, BAND tokens are still growing, maybe BAND tokens will pass the price of $ 10 USD in the near future like LINK tokens which recently passed $ 10 USD. the total supply of BAND tokens is less than the total supply of LINK tokens, is it possible that the price of BAND tokens will be higher than the price of LINK tokens?

Band Chain Testnet part 2, latest updates and a guide on how to become a network validator
https://medium.com/bandprotocol/bandchain-guanyu-testnet-2-update-how-to-join-as-a-validator-416dddb4fd48

I've seen this scary growth of BAND, for now blockchains with oracles are going really strong and grow fast!
but is it a passing fire or something destined to last?
honestly i'm a bit more on studying particular stable (AMPL for example) but i'm very curious about this technology

Chainlink Rival Band Protocol Surged 65% Overnight — 3 Reasons Why

Chainlink rival BAND, the native token of Band Protocol, has soared by 65% in one day after Coinbase announced its listing among other factors.

https://cointelegraph.com/news/chainlink-rival-band-protocol-surged-65-overnight-3-reasons-why

Looks good and it has got the hype and fomo as well but with so much growth already i am confused about good entry now so probably i will just wait and see for now.

That's a big news and im feeling so good to see my portfolios is going to the moon right now. I think that we will break another record again. More good news will be coming for the community and the hype for BAND is real

Today BAND tokens hit a new ATH of $ 8 USD, I really don't think BAND tokens hit a price of $ 8 USD. congratulations to BAND token holders. And another good news is that the Token Band will soon be traded on the Coinbase exchange.

https://twitter.com/CoinbasePro/status/1291123511944151046

July 2020 update that includes all technical developments of Band Protocol partnership integration https://medium.com/bandprotocol/band-protocol-july-2020-community-update-9f4d244f5ff9

crypto.com just announced that they will be adding BAND protocol to their exchange but do note that BAND won't be available for the US residents.

You can read the announcement here

very fortunate if someone buys a BAND at $ 0.25 in 2019, it is unexpected that a BAND can rise 700% so far, of course BAND is a gem, and their mission has been fulfilled because it has reached the All Time High this year, I do not recommend to buy, but I recommend investing when the price of BAND is cheap again

I am very sorry I did not buy the Band Protool (BAND) when the price was still low, now the Band Protool is pumped.
And I missed the opportunity to be able to make a profit, it was indeed difficult to find projects like Band Protool.
I will wait for the price of the Band Protool for correction, if it drops to $ 3, I will try to buy it.

I have heard a lot about BAND, compared to CHAINLINK of course.
I didn't understand this thing about oracles very well and I don't find an understandable explanation around, could you explain to me what is the advantage of having oracles, what do they do and what are they for?

Binance Exchange has released an announcement and added an isolated BAND trading pair for margin trading, such pairs BAND / BTC, BAND / USD will be added

https://www.binance.com/en/support/articles/282ee1b995864b37a359b463db60fa62

Band is okay, if you're after a real decentralised oracle token then you need to be looking at Tellor (TRB).

Its actually a good utility token with great start and good community backing I actually think it can reach 10X but it need community backing to get there Maybe some promortions and little bounties might help I think

I am a risky investor and usually only choose alts with small capitalization but great potential. Now I want to introduce you to Band, a potential alts with state-of-the-art technology that people are talking a lot about these days. Band is currently an alts with modest capitalization ($ 19m) but has a very advanced technology platform. It is being compared to Chainlink because it runs on Decentralized oracle and also has a few points better than Chainlink. The difference in value is due to the larger community of Chainlink compared to Band. So if you think that when the economy is stable again, Band has the opportunity to expand the community, it can grow with a capitalization of over $ 100m? This is quite easy and this is an alts worth investing most now. Anyway, I still want to hear your opinion about Band, just discuss with me

The band really has a great team and cutting edge technology idea. This is one of the interesting issues in this economic downturn. ChainLink also has quite similar technology to Band but even they are missing some points and the value of Link is now more than $ 1 billion. The band is now a small alts with modest capitalization, it seems x100 is only a matter of time in the future. Once the 19-year-old covid pandemic is under control, there will be more people who want to hold the Band in the long-term future. With the influence of the band now, I think the long-term possibility of x10 is quite easy, what do you think?

Woodstock Investment Fund partners with BandChain as a platform for testing in Oracle's decentralized network https://medium.com/bandprotocol/top-blockchain-investment-fund-woodstock-operates-validator-node-on-bandchain-45187b81d3e1

This thread was opened on the 24th of April. BAND is moving, but you still have time to jump on!


New Released website: https://bandprotocol.com/

Mainnet Announcement today: https://medium.com/bandprotocol/countdown-to-bandchain-wenchang-mainnet-launch-74e9bebe578a

Nearly 4x Since Posting.  The path to 100x is still ongoing. Hope you guys took notice when I posted.

The OP here has nailed it! Did you anyone else jumped on?:-)

Almost doubled your money already!
Theres room for more than just Chainlink in the Oracle space.


BAND is following.. quickly.

I did some reaserch about BAND yesterday, and I'm in now, a few bucks in plus. Thx guys. By the way, nice buywall on binance.

What your saying is the reasons why this has so much potential. Oracles are so important within Blockchain technology.
And Band Protocol only has a small market cap compared to the others and with Bands tech extremely well put together.
This will only rise.
As we have seen the past few months.

Band protocol has already risen by nearly 10 cents since posting this.. and these rises have been consistent for the past month.


Band is just getting started..  still cheap as!

On the contrary, the cryptospace is greatly underserved by oracles currently. LINK, BAND, Tellor and maybe one or two others are the only projects focused on the oracle use case. Smart contracts are a key use case of crypto, and there are many smart contract platforms, but they are of little use without oracles providing the link to the 'real' world outside their blockchains. The oracle space has enormous room to grow.

You may check the initial price of the atom token and the current price, issues? DyoR

Anyway, by fact, Band Protocol is so much undervalued compared to LINK so the upside potential, roi-wise is a no brainer.
I strongly believe that Band will do very well in the upcoming months, especially after their mainnet launch on cosmos with 15 industry-leading Staking providers.

Chainlink is bloody overvalued, for anyone not believing here, just check this: https://www.reddit.com/r/CryptoCurrency/comments/g2cswj/chainlink_is_the_most_overvalued_cryptocurrency/

BAND is also partnered with Kava, Fantom, Wanchain and Tomochain to bring them oracle data.
BAND is using the Tendermint protocol which allows 1,000 tps, so BAND will have large capacity for providing oracles.
Partnered with 15+ validators including Cosmostation, Chorus One, Stake.fish, Figment Networks, StakeWithUs, Infstones, Forbole and WeStaking.

Too much oracle project this day. Chainlink, aeternity, and there were so many orcale project these days and what makes you feel if crosschain project has a very huge potential to growth? It sounds like you are over optimistic dude. I have seen some platforms that focused to create cross chain ecosystem already failed to achieve their target. Let say ark is one of them.

The partner of band called cosmos has already faced a very difficult time with its token price.

so I found the answer to the continuous BAND pump when the market was full of blood. It's really surprising to know that BAND is the oracle provider for Binance. I believe in the future both BNB and BAND will be one of the strongest growth alts. Technically speaking, it is actually a bit better than Link but the problem is that it does not have a large community like Link. That is why it has not been pumped as strongly as Link. I also hope that BAND is getting more and more attractive by what they have contributed to the crypto market and soon X100 during the bull run.

Feel free to ask me any questions on there Telegram
t.me/bandprotocol

We've all seen how well Chainlink has done recently, Oracles are going to be important in the not to distant future and Band is no different.
In fact, Band has many advantages over Chainlink, looking at the chart and recent partnerships it's clear, Band is growing rapidly yet still a tiny marketcap of 10m.
You've still got time to board the train, just.

Band are a data governance framework for Web3.0 applications. It operates as an open-source standard and framework for the decentralized management of data, designed to allow users to build and manage off-chain oracles, reputation scores, identity management systems, token issuances and token curated registries.


Both BAND and Chainlink work on the decentralized oracle. Here is the difference on how Band is different from Chainlink:

1) Band focus a lot security through economic (we have staking mechanism from day 1)Usage simplicity (getting data from band is just 1 function call, while on ChainLink you need to use asynchronous + callback function)

 2) speed (data is readily available  query for Band and can be processed within same transaction, not for ChainLink which requires at least 3 block confirmations).

3) Cost (if you query from 7 data providers in Chainlink, it will cost you over $7 whereas for Band right now the fee is $2 and we require much less gas to process.

4) scalability: because Band data is pushed on chain, the cost is fixed regardless of how many dApps use us whereas for Chainlink, it's on demand so if there are more dApps requiring same data, ChainLink has to perform that query again and again adding to the cost.

In addition, I believe this data layer space is huge and multiple protocols with different trade-offs can co-exist. The space is quite complementary actually, as dApps will likely request data from multiple oracles to make sure they do not rely on just one source of truth (hence single point of failure)



Take a look at the Chart for band, It looks very similar to when ChainLink was about to explode, I see no reason why Band is not about to do the same.
Band release new partnerships every day and here is just a few:

- Cosmos
- Kardiachain (Band will provide the data in Viatnamese Dong and crypto pricefeeds in Mobile Payments infrastructure for over 60 million customers
- Top South Korea based Validator we staking partners with Band Protocol

I could go on, over 14 partners.
One of the assets on Coinbase Custody to
https://custody.coinbase.com/assets



AND one last major thing.. let's not forget they are the oracle provider for Binance - https://www.binance.com/en/blog/406006839228116992/Powering-DeFi-and-Crosschain-Interoperable-Decentralized-Applications-with-Binance-API-using-Band-Protocol

And what's coming.. Binance Chain.




Band protocol seriously has potential for a 100x and it is still under the radar!