Band protocol crypto

Comment

Author: Admin | 2025-04-27

United Kingdom, EuropeYear of Establishment: 2017Number of Employees: Around 11-50.Revenue: Not AvailableLoopring is one of the earliest cryptocurrencies that can be considered as a company, which is a decentralized exchange DEX based on Ethereum blockchain technology. Its protocol allows the users to perform trades directly from their wallets in a secure, trustless, and non-custodial manner. LRC is the native cryptocurrency that the company uses to carry out operating functions within the protocol and mainly includes governance, fees, and rewards for liquidity providers. As a result, Loopring’s goal is to build a scalable and effectual decentralized trading platform, with customers’ possession and protection as Loopring’s biggest focus. Due to the new approach and the focus on the development of the decentralized finance (DeFi) sector, Loopring became one of the promising companies on the market.62. Band ProtocolHeadquarters: Thailand, Asia-pacificYear of Establishment: 2017Number of Employees: About 33Revenue: US$8. 9 million (As of 2023).Band Protocol is a top crypto company that works as a decentralized data oracle on the Ethereum-scaled platform. Founded as a provider of external data access for smart contracts and dApps to make a decentralized Oracle service, Band Protocol is a decentralized service. The native digital asset of this company is BAND, which is utilized for staking, voting, as well as rewarding node proprietors throughout the network. Thus, Band Protocol’s offering intends to resolve the issues connected with the centralized oracle by providing a decentralized, scalable, and safe platform for the integration of real-world data into the blockchain. Hence, with Band

Add Comment