Review on Band Protocol by Digital Convict
Band, one more oracle?
The Band protocol is a decentralized network that works as an oracle and is operated node validators; It connect data with APIs and smart contracts of multiple blockchains such as ETH, ATOM and Polkadot.
It is now 82nd by market capitalization. Has a total of 100,000,000 BAND; The fourth part circulating.
The platform can use from numbers to any event in the world; It is good to be aware of projects like this. Ware your interests?
You can find it in more than thirty exchanges. Has a high level of confidence.
The business alliances that seem most attractive to me are the ones he made in August 2020 with Fantom and Harmony.
It incorporates Defis and not only tokenized projects based on Ethereum.
Pros
- Oracles are always useful
Cons
- Come recent projects seem more attractive
