Review on Band Protocol by RODRIGO REIS
A project with stars
This platform was created to connect (dapps) to real-world data through the use of oracles powered by autonomous contracts. The Band protocol operates on BandChain, created from the Cosmos software development kit (SDK).
The Band Protocol, although it is a young project it has attracted the attention of many investors and supporters both for the quality and structure of the project as well as for the trust that is transmitted to them. As the roadmap is in progress, a lot has to evolve, which can be a great incentive for new investors. The value of the Band token may be highly valued in the coming months or years
Pros
- Band Protocol enables secure and transparent interoperabilities between systems
- Project backed by gigant Investors. Band protocol transmits credibility to the market
- Band Protocol's project has a well defined roadmap. Although, the project is in development, it has demonstrated high potential
- Band Protocol is a project wiht a large number of followers on social network. It`s very important to keep their community upgraded about the project
- BAND token can be trade in a large number of exchanges. The main exchanges are trading this token
- BAND token has a good value. Although the token price has had a great fluctuation on the last months
- Token has great trading volume and it is on the top 100 on the cryptomarket
Cons
- The token price had a great flutuation on the last months.
- Strong competitive market. A lot number of similar project
