Raven Protocol PriceRAVEN
Rank #3016
About Raven Protocol (RAVEN)
Contract
RAVEN-F66
Explorers
explorer.binance.org
Website
ravenprotocol.com
Community
Raven Protocol's specific use case is to perform AI training where speed is the key. We're taking a 1M image dataset that takes 2-3 weeks to train on AWS down to 2-3 hours on Raven. AI companies will be able to train models better and faster.
Raven Protocol is creating a self-sustaining and dynamic ecosystem for:
Customers who want to train their AI engines; and/or
Contributors who would like to share their compute resources in the form of Computers, Smartphones, or even a server rack.
Raven Tokens (RAVEN) will work as the common ground to facilitate a secure transaction that will take place inside our ecosystem. Enterprise clients who want to rent compute power will do so with RAVEN and contributors of the compute power will be rewarded in RAVEN.
Raven is creating a network of compute nodes that utilize idle compute power for the purposes of AI training where speed is the key. A native token is the key to bootstrapping a nascent network.
We want to incentivize and reward people all over the world to contribute their compute power to our network. Additionally, we will reward token holders for running masternodes which will be responsible for orchestrating the training of various deep neural networks.
Our consensus mechanism is something we call Proof-of-Calculation. Proof-of-Calculation will be the primary guideline for the regulation and distribution of incentives to the compute nodes in the network. Following are the two prime deciders for the incentive distribution:
Speed: Depending upon how fast a node can perform gradient calculations (in a neural network) and return it back to the Gradient Collector.
Redundancy: The 3 fastest redundant calculation will only qualify for receiving the incentive. This will make sure that the gradients that are getting returned are genuine and of the highest quality.
Raven Protocol (RAVEN) Price Trends
24H High$0.0004585
24H Low$0.0004017
24H Volume$1.22K
Market Cap
$1.80MAll-Time High(ATH)$0.004547
Circulating Supply
4.43B RAVENAll-Time Low(ATL)$0.00006247
Total Supply
10.00B RAVENMarket Cap/FDV
44.37%Max Supply
∞Fully Diluted Valuation
$4.07MMarket SentimentNeutral
Live Raven Protocol (RAVEN) Price Update
Raven Protocol price today is $0.0004076 with a 24-hour trading volume of $1.22K, and as such Raven Protocol has a market cap of $1.80M, giving it a market dominance of 0.000096%. The Raven Protocol price moved -4.92% in the last 24 hours.
Time period | Change amount | % Change |
|---|---|---|
| 1H | -$0.000004375 | -1.06% |
| 24H | -$0.00002109 | -4.92% |
| 7D | -$0.00008444 | -17.16% |
| 30D | -$0.000004534 | -1.10% |
| 1Y | +$0.00007842 | +23.82% |
Credibility Indicators
62.03
Reliability Score
Rank #3674
PercentileTOP 25%
 RAVEN to USD | $0.00 USD |
 RAVEN to EUR | €0.00 EUR |
 RAVEN to INR | ₹0.03 INR |
 RAVEN to IDR | Rp6.18 IDR |
 RAVEN to CAD | $0.00 CAD |
 RAVEN to GBP | £0.00 GBP |
 RAVEN to THB | ฿0.01 THB |
 RAVEN to RUB | ₽0.04 RUB |
 RAVEN to BRL | R$0.00 BRL |
 RAVEN to AED | د.إ0.00 AED |
 RAVEN to TRY | ₺0.01 TRY |
 RAVEN to CNY | ¥0.00 CNY |
 RAVEN to JPY | ¥0.06 JPY |
 RAVEN to HKD | $0.00 HKD |
Investors
NGC Ventures
Mapleblock Capital
coinIX
GBIC (Global Blockchain Innovative Capital)
Cluster Capital
Moonchain Capital
Zeroline Capital
