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Convert Raven Protocol RAVEN to Euro EUR

RAVEN to EUR: 1 Raven Protocol converts to €0.000064 EUR as of July 18 at 5:48 AM

About Raven Protocol

Raven Protocol is climbing this week. The current price of Raven Protocol is €0.000064 per RAVEN. With a circulating supply of 4,436,646,536.733 RAVEN, it means that Raven Protocol has a total market cap of €279,588.44. The amount of Raven Protocol traded has fallen by -€192.90 in the last 24 hours, which is a 59.17% decrease. Additionally, in the last day, €326.00 worth of RAVEN has been traded.

The exchange rate of Raven Protocol is increasing. The current value of 1 RAVEN is €0.000064 EUR. In other words, to buy 5 Raven Protocol, it would cost you €0.000319 EUR. Inversely, €1.00 EUR would allow you to trade for 15,690.68 RAVEN while €50.00 EUR would convert to 784,534.18 RAVEN, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 2.26%. Meanwhile, in the last 24 hours, the rate has changed by 8.37%, which means that the highest exchange rate of 1 RAVEN to EUR was €0.000065 EUR and the lowest 24 hour value was 1 RAVEN for €0.000059 EUR. Last month, 1 RAVEN was worth €0.000086 EUR. Today, it's down 25.28%. Looking back a year, Raven Protocol has changed by €0.000646 EUR. That means that in a single year, the value of Raven Protocol has shrank by 89.47%.

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.

€0.000064Current price
€279.59KMarket cap
€326.00Volume (24h)
4.4B RAVENCir. Supply

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Conversion tables

RAVEN to EUR values from Today at 5:48 am

0.5 RAVEN = €0.000032 EUR
1 RAVEN = €0.000064 EUR
5 RAVEN = €0.000319 EUR
10 RAVEN = €0.000637 EUR
50 RAVEN = €0.0032 EUR
100 RAVEN = €0.0064 EUR
500 RAVEN = €0.0319 EUR
1,000 RAVEN = €0.0637 EUR

EUR to RAVEN values from Today at 5:49 am

€0.50 EUR = 7,845.34 RAVEN
€1.00 EUR = 15,690.68 RAVEN
€5.00 EUR = 78,453.42 RAVEN
€10.00 EUR = 156,906.84 RAVEN
€50.00 EUR = 784,534.18 RAVEN
€100.00 EUR = 1,569,068.36 RAVEN
€500.00 EUR = 7,845,341.81 RAVEN
€1,000.00 EUR = 15,690,683.63 RAVEN

RAVEN to EUR over time

RAVEN
Today
24H
7.76%
1M
-35.17%
1Y
-913.54%
0.5 RAVEN
€0.000032 EUR
€0.000029 EUR
€0.000043 EUR
€0.000323 EUR
1 RAVEN
€0.000064 EUR
€0.000059 EUR
€0.000086 EUR
€0.000646 EUR
5 RAVEN
€0.000319 EUR
€0.000294 EUR
€0.000431 EUR
€0.0032 EUR
10 RAVEN
€0.000637 EUR
€0.000588 EUR
€0.000861 EUR
€0.0065 EUR
50 RAVEN
€0.0032 EUR
€0.0029 EUR
€0.0043 EUR
€0.0323 EUR
100 RAVEN
€0.0064 EUR
€0.0059 EUR
€0.0086 EUR
€0.0646 EUR
500 RAVEN
€0.0319 EUR
€0.0294 EUR
€0.0431 EUR
€0.32 EUR
1,000 RAVEN
€0.0637 EUR
€0.0588 EUR
€0.0861 EUR
€0.65 EUR

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