Band Protocol is a cross-chain data oracle platform. It was dispatched as an ERC-20 venture on the Ethereum blockchain in September 2019 and afterwards, it progressed to the Cosmos network in June 2020 with the arrival of Band Protocol 2.0. The new protocol is built on BandChain using the Cosmos SDK. BAND is the native token of the Band Protocol ecosystem. It is designed in such a way that it provides you with faster and more efficient solutions. Band Protocol released the BAND token following an initial exchange offering (IEO) in September 2019 on the Binace Launchpad.
The BAND has a total supply of 100 million and the circulating supply is 20,494,033 BAND with the Market Cap of $124,327,970 USD. In the total supply, only 20% (20.49 million tokens) were in circulation as of November 2020. As a whole, 20% of the BAND token was allocated to the team, 5% to advisors, 25.63% to the Band Protocol ecosystem. Based on the projected rate, a total of 100% of the total supply can be done by 2025 at the earliest. BAND is listed on a wide range of platforms which includes Binance, Coinbase Pro and OKEx.
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