BAND is the native cryptocurrency of the Band Protocol, an open-source protocol that facilitates the connection of real-world data to smart contracts on various blockchain platforms. BAND tokens are utilized within the Band Protocol ecosystem. They are used as a medium of exchange, to pay for data requests, and to participate in network governance by voting on proposals. Band Protocol's goal is to enable decentralized applications to access real-world data in a secure and reliable manner, opening up a multitude of possibilities for blockchain-based applications.