Leading ICON Network Validator Ubik Capital Strategically Partners with Band Protocol

Kevin Lu
Kevin Lu
Aug 7, 2020 · 2 min read

Band Protocol has strategically partnered up with ICON Network’s fourth-largest public representative (P-Rep), Ubik Capital, which has over 14.5+ million ICX staked to them and 3800 unique delegators. They are also providing enterprise-grade validator infrastructure for leading blockchain networks Terra, IRIS, Cosmos, and testnet nodes for Sentinel, Althea, Regent Network, and more! Ubik Capital is also the creator of Breadcrmb, a final winner decentralized application in ICON’s Got Talent competition.

Ubik Capital, one of the genesis validators on BandChain, will be assisting Band Protocol in integration with decentralized applications, participation in various ICON community events, and developer workshops.

Ubik Capital is a community-focused and enterprise-grade validator for the top blockchain networks with over 40 + years of experience in software development, program management, and system operations in their all-rounder team. Their team of experts includes Russell Shirey, the lead software engineer for Aero Systems West and Marius Andrei, who is trained in CISCO network administration and early-contributor to various blockchain communities.

“Ubik Capital is proud to strategically partner up with a decentralized community-curated oracle, Band Protocol, who is the first to connect real-world data to smart contracts in real-time. In addition to providing validator infrastructure, Ubik Capital is excited to work closely with Band Protocol to expand into further decentralized applications and blockchain networks that we currently support.”

Marius Andrei, Co-Founder of Ubik Capital

“We are looking forward to collaborating with Ubik Capital, who have deep roots in the ICON Network space, for secure enterprise-grade validator infrastructure and drive the integration of Band oracles across all their supported blockchain networks.”

Soravis Srinawakoon, CEO & Co-Founder of Band Protocol

Ubik Capital is the 12th industry-leading validator out of 20+ that has been announced to support BandChain upon mainnet launch which is coming up very soon, further strengthening the degree of resilience and decentralization for any smart contract application to connect to real-world data securely and easily.

About Band Protocol
Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts. Blockchains are great at immutable storage and deterministic, verifiable computations — however, they cannot securely access data available outside the blockchain networks. Band Protocol enables smart contract applications such as DeFi, prediction markets, and games to be built on-chain without relying on the single point of failure of a centralized oracle. Band Protocol is backed by a strong network of stakeholders including Sequoia Capital, one of the top venture capital firms in the world, and the leading cryptocurrency exchange, Binance.
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Band Protocol

Secure, Scalable, Cross-chain Decentralized Oracle for Web 3.0