Convert Raven Protocol RAVEN to Japanese Yen JPY
RAVEN to JPY: 1 Raven Protocol converts to ¥0.0084 JPY as of December 13 at 9:01 PM
About Raven Protocol
Raven Protocol is climbing this week. The current price of Raven Protocol is ¥0.0084 per RAVEN. With a circulating supply of 4,436,646,536.733 RAVEN, it means that Raven Protocol has a total market cap of ¥37,131,001.92. The amount of Raven Protocol traded has risen by ¥1,138,732 in the last 24 hours, which is a 2,392.09% increase. Additionally, in the last day, ¥47,604 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is increasing. The current value of 1 RAVEN is ¥0.0084 JPY. In other words, to buy 5 Raven Protocol, it would cost you ¥0.0418 JPY. Inversely, ¥1 JPY would allow you to trade for 119.54 RAVEN while ¥50 JPY would convert to 5,977.23 RAVEN, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.66%. Meanwhile, in the last 24 hours, the rate has changed by 6.94%, which means that the highest exchange rate of 1 RAVEN to JPY was ¥0.0085 JPY and the lowest 24 hour value was 1 RAVEN for ¥0.0078 JPY. Last month, 1 RAVEN was worth ¥0.0069 JPY. Today, it's up 21.09%. Looking back a year, Raven Protocol has changed by ¥0.0575 JPY. That means that in a single year, the value of Raven Protocol has shrank by 85.66%.
Raven Protocol Market Stats
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.
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Conversion tables
RAVEN to JPY values from Today at 9:01 pm
0.5 RAVEN = ¥0.0042 JPY |
1 RAVEN = ¥0.0084 JPY |
5 RAVEN = ¥0.0418 JPY |
10 RAVEN = ¥0.0837 JPY |
50 RAVEN = ¥0.42 JPY |
100 RAVEN = ¥0.84 JPY |
500 RAVEN = ¥4.18 JPY |
1,000 RAVEN = ¥8.37 JPY |
JPY to RAVEN values from Today at 9:01 pm
¥1 JPY = 59.77 RAVEN |