Binance Launchpad, Binance’s token launch platform for transformative blockchain projects, has announced support for its ninth project of the year, Band Protocol.
According to a press release shared with Coin Rivet, the Band Protocol token sale will begin on September 16 at 06:00 UTC.
Building an open protocol for decentralised data governance on public blockchains such as Ethereum, EOS, and Cosmos, Band Protocol has secured $3 million in seed investments in 2019 from lead investors Sequoia India, Dunamu and Partners (the venture arm of Korean fintech company Dunamu), and VC fund SeaX Ventures.
Band Protocol aims to become the world’s most secure and scalable decentralised database that any decentralised application (dApp) can rely on for trust.
“Within Binance Launchpad, we continue to listen to the feedback of our community and strive to support only the high-quality projects,” said Binance CEO and founder Changpeng ‘CZ’ Zhao.
“Using a community-driven approach, the Band Protocol solves an important problem in the industry: trust in third-party data sources, which is necessary for decentralised applications working on the blockchain and further mass adoption of crypto technologies.”
For more news, guides, and cryptocurrency analysis, click here.
Las Vegas, US, 1st November 2024, Chainwire
From digital art to real-estate assets, NFTs have become a significant attraction for investors who…
Singapore, Singapore, 21st October 2024, Chainwire
HO CHI MINH, Vietnam, 17th October 2024, Chainwire
London, UK, 16th October 2024, Chainwire
Sinagpore, Singapore, 16th October 2024, Chainwire