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[Vest1992]

Coinmarketcap X Band Protocol Earn Crypto Program
Reward: 10$ worth of BAND

Fast Guide:

1. Signup here: https://coinmarketcap.com/
2. You must have a Band wallet address, for that signup here: https://www.binance.com/en/register?ref=FBA11OQ4
3. Now go to this page: https://coinmarketcap.com/earn/project/band-protocol
4. Watch the 3 videos and solve the Quiz. (if you don t want check spoilers below)

Spoiler: Answers

Answers below:

1. Why is Band Protocol important for DeFi and smart contract use-cases?
It reliably connects smart contracts to any external data-source or API

2. What is an example of decentralized finance (DeFi) using Band Oracle?
All of the above.

3. What does Band Protocol offer in comparison to native blockchain-based oracle services?
Low cost, real-time data, support for any data type, customizability, scalability and cross-chain compatibility

4. How is the BandChain decentralized oracle network incentivized to fulfil oracle requests?
Validators and underlying stakers receive a data request fee and block reward

5. Why are validators who fulfil data requests on BandChain required to stake BAND?
Align economic incentives for validators…

6. What can BAND token holders do to help secure the network and earn a portion of data request fees?
Delegate or stake Band for choosen validators(s).

7. The BAND token is used to pay for transaction fees on BandChain , similarly to ETH on Ethereum. If there is a higher usage of Band oracles then …*
more fees are generated through the network, rewarding validators and stakers

 

[lavishman]

How long is this campain going to last? Do you know when approx. is the distribution of BAND tokens to succesful users? Thx

 

[Vest1992]

How long is this campain going to last? Do you know when approx. is the distribution of BAND tokens to succesful users? Thx

 

[Masrawy20]

Coinmarketcap X Band Protocol Earn Crypto Program
Reward: 10$ worth of BAND

Fast Guide:

Spoiler: Answers

Answers below:

1. Why is Band Protocol important for DeFi and smart contract use-cases?
It reliably connects smart contracts to any external data-source or API

2. What is an example of decentralized finance (DeFi) using Band Oracle?
All of the above.

3. What does Band Protocol offer in comparison to native blockchain-based oracle services?
Low cost, real-time data, support for any data type, customizability, scalability and cross-chain compatibility

4. How is the BandChain decentralized oracle network incentivized to fulfil oracle requests?
Validators and underlying stakers receive a data request fee and block reward

5. Why are validators who fulfil data requests on BandChain required to stake BAND?
Align economic incentives for validators…

6. What can BAND token holders do to help secure the network and earn a portion of data request fees?
Delegate or stake Band for choosen validators(s).

7. The BAND token is used to pay for transaction fees on BandChain , similarly to ETH on Ethereum. If there is a higher usage of Band oracles then …*
more fees are generated through the network, rewarding validators and stakers

is the second answer is right or it will be conditional payment using a custom oracle script on band chain to verify real worl events???

 

[chiftine]

is the second answer is right or it will be conditional payment using a custom oracle script on band chain to verify real worl events???

There is already a similar thread with the answers

https://www.beermoneyforum.com/threads/band-protocol-airdrop.94565/

 

[Masrawy20]

There is already a similar thread with the answers

https://www.beermoneyforum.com/threads/band-protocol-airdrop.94565/

yes i saw it and review the answers .now we wait for resultd i hope we won any thing if you receive any message from coin market cap report here

 

[Masrawy20]

@Vest1992 is there something new with you today they should distribute the 10$ reward ? have they sent you any message or sent band to you ?

 

[Barbaris]

So far, my BAND wallet is empty. Let's wait a little longer.

 

[chiftine]

Also, i didn't get any BAND.

 

[Masrawy20]

emmm what is the problem now they said on 26 AUG they will distribute the tokens but nothing and no answer when i messaged them

 

[Dap escobar]

Campaign is already done, but why i didn't get any free band ?

 

[Masrawy20]

Hi there,

The distribution started today and will go on for the next few days (about a week). We had a lot of participants!

You'll receive an email about it if you got a 100% on the quiz and is getting the BAND tokens.

We'll be posting the answers on our socials soon!

Thank you.


i recieved this now

 

[Vest1992]

@Vest1992 is there something new with you today they should distribute the 10$ reward ? have they sent you any message or sent band to you ?

0 band in my trust wallet atm

 

[Masrawy20]

if any one received any token from earn band protocol in coinmarketcap earn campaign please report here to know it should be any day in the next week

 

[chiftine]

I did receive "a bit"

 

[e0915432100]

I get 0.067701 BAND
0.067701 BAND = 7341 sat

 

[Masrawy20]

I did receive "a bit"
View attachment 139255

I get 0.067701 BAND
0.067701 BAND = 7341 sat

less than 1 $ ???? what is this they told us 10$
0.067701 BAND = 7341 sat= .8$

 

[e0915432100]

Each user earns up to $10
not
Each user earns $10

 

[Masrawy20]

Each user earns up to $10
not
Each user earns $10

they Play with words .did you receive a message on your email that you win the promotion ? or you check your binance account by chance ?

 

[Charlie93]

We have to deposit first to wallet or anything we have to do to get BAND please tell me

Did you get received BAND then how long it's takes to withdraw please