In the era of upcoming entrepreneurs, three nerds started their own foundation called Band Protocol. Originally, in the year 2013, the founders worked upon Bitcoin and its use in the decentralized world, they understood the powerful applications of Blockchain and decided to settle with Band Protocol start-up.
How Did They Start?
The founders, citizens of Bangkok realized how potentially strong blockchain applications can change the world of many citizens across any developing country. Thus started their journey in setting up of Band Protocol which has become one of the active Blockchain builders from the year 2017.
The startup was founded by six people Soravis Srinawakoon, Sorawit Suriyakarn, Paul Chonpimai, Bun Uthaitirat, Kanisorn Thongprapaisaeng, and Subongkoch Maneerat. The startup is funded by Sequoia, Dunamu and partners and Seax ventures.
How Does It Work?
The band protocol’s prime focus is its customers. It dissolves a user-friendly interface empowering the active users the ability to own the data while curation. It lets the user create a token-curated community based on the user’s choice. The choice could be based on any category. The users will then be able to issue token adaptable in data and information curation.
What Is Its Policy?
They work with a crafted mission of ending the unavailability of trusted websites; Band Protocol aims to create a transparent forum to share reliable data for its users inculcating online digital communities. Initially, in 2013, three founders have initiated the start-up which has grown up this far and famous.
Band Protocols have designed to help resolve problems like the absence of regulation and directive. Also are able to address the raising imprecise recording of token metrics, biased ranking and prevent clients from getting engaged in scams while investing money.
To help customer Customisation with products different modules of operation are present. With customized token bonding curves, you can decentrally apprehend your clients with tokens. This eager you set a module giving incentives to the clients to join with your projects.
Band Protocol’s Approach
The company works to serve the customer with platters of business from credit bureaus, helping clients to detect fraudulent activities, enabling KYC terms and verification of their identity.
Currently, the start-up is working on several other developments that could imbibe the use of Blockchain on various online domains. They are in the verge of creating CoinHatcher that serves in delivering precise data for educating data accuracy in the sector and many more are under progress.
Get in touch with the team today.