Band Protocol
Latest round
- Seed
Last raised
- Aug 2019
Total raised
- $8.9M
Investors
- 6
About Band Protocol
Founded in 2017 and headquartered in the British Virgin Islands, Band Protocol is a decentralized oracle platform that supports seamless access to real-world data for smart contracts. The company was established by Paul Nattapatsiri, Soravis Srinawakoon, and Sorawit Suriyakarn, with Soravis Srinawakoon currently serving as CEO.Band Protocol offers a suite of decentralized oracle solutions designed to enhance smart contracts by providing reliable real-world data without central authority. Its main product, BandChain, built on the Cosmos SDK, allows developers to create custom oracles for secure aggregation of data from various external sources.Band Protocol generates revenue through its decentralized oracle network, allowing clients to access data services using the native BAND token. This model is based on a delegated Proof-of-Stake system, where validators stake BAND tokens to process data requests. Clients incur transaction fees in BAND tokens, which are distributed to validators as compensation for their services.1 million from Binance Labs to support its growth initiatives. The company aims to enhance its product offerings with new features and launch additional products tailored to the needs of various industries.
Who invested in Band Protocol
6 investors across 2 rounds
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Questions about Band Protocol
Who invested in Band Protocol?
Band Protocol has 6 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Band Protocol raised?
Band Protocol has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Band Protocol last raise money?
Band Protocol's most recent round on record is a Seed, in Aug 2019.
What does Band Protocol do?
Founded in 2017 and headquartered in the British Virgin Islands, Band Protocol is a decentralized oracle platform that supports seamless access to real-world data for smart contracts.
Where is Band Protocol headquartered?
Band Protocol is headquartered in British Virgin Islands.
Which VCs invest in companies like Band Protocol?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Band Protocol's stage. Their profiles are linked below.
VCs backing software startups at Seed
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