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Convert Raven Protocol RAVEN to Nigerian Naira NGN

RAVEN to NGN: 1 Raven Protocol converts to NGN 0.11 NGN as of July 18 at 5:34 AM

NGN

About Raven Protocol

Raven Protocol is climbing this week. The current price of Raven Protocol is NGN 0.11 per RAVEN. With a circulating supply of 4,436,646,536.733 RAVEN, it means that Raven Protocol has a total market cap of NGN 496,188,329.69. The amount of Raven Protocol traded has fallen by -NGN 328,508.48 in the last 24 hours, which is a 56.06% decrease. Additionally, in the last day, NGN 585,950.99 worth of RAVEN has been traded.

The exchange rate of Raven Protocol is increasing. The current value of 1 RAVEN is NGN 0.11 NGN. In other words, to buy 5 Raven Protocol, it would cost you NGN 0.56 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 8.86 RAVEN while NGN 50.00 NGN would convert to 442.98 RAVEN, not including platform or gas fees.

In the last 7 days, the exchange rate has increased by 2.06%. Meanwhile, in the last 24 hours, the rate has changed by 8.17%, which means that the highest exchange rate of 1 RAVEN to NGN was NGN 0.12 NGN and the lowest 24 hour value was 1 RAVEN for NGN 0.10 NGN. Last month, 1 RAVEN was worth NGN 0.15 NGN. Today, it's down 25.43%. Looking back a year, Raven Protocol has changed by NGN 1.13 NGN. That means that in a single year, the value of Raven Protocol has shrank by 89.49%.

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.

NGN 0.11Current price
NGN 496.19MMarket cap
NGN 585.95KVolume (24h)
4.4B RAVENCir. Supply

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Conversion tables

RAVEN to NGN values from Today at 5:34 am

0.5 RAVEN = NGN 0.0564 NGN
1 RAVEN = NGN 0.11 NGN
5 RAVEN = NGN 0.56 NGN
10 RAVEN = NGN 1.13 NGN
50 RAVEN = NGN 5.64 NGN
100 RAVEN = NGN 11.29 NGN
500 RAVEN = NGN 56.44 NGN
1,000 RAVEN = NGN 112.87 NGN

NGN to RAVEN values from Today at 5:35 am

NGN 0.50 NGN = 4.43 RAVEN
NGN 1.00 NGN = 8.86 RAVEN
NGN 5.00 NGN = 44.30 RAVEN
NGN 10.00 NGN = 88.60 RAVEN
NGN 50.00 NGN = 442.98 RAVEN
NGN 100.00 NGN = 885.97 RAVEN
NGN 500.00 NGN = 4,429.84 RAVEN
NGN 1,000.00 NGN = 8,859.67 RAVEN

RAVEN to NGN over time

RAVEN
Today
24H
7.61%
1M
-35.53%
1Y
-904.14%
0.5 RAVEN
NGN 0.0564 NGN
NGN 0.0521 NGN
NGN 0.0765 NGN
NGN 0.57 NGN
1 RAVEN
NGN 0.11 NGN
NGN 0.10 NGN
NGN 0.15 NGN
NGN 1.13 NGN
5 RAVEN
NGN 0.56 NGN
NGN 0.52 NGN
NGN 0.76 NGN
NGN 5.67 NGN
10 RAVEN
NGN 1.13 NGN
NGN 1.04 NGN
NGN 1.53 NGN
NGN 11.33 NGN
50 RAVEN
NGN 5.64 NGN
NGN 5.21 NGN
NGN 7.65 NGN
NGN 56.67 NGN
100 RAVEN
NGN 11.29 NGN
NGN 10.43 NGN
NGN 15.30 NGN
NGN 113.34 NGN
500 RAVEN
NGN 56.44 NGN
NGN 52.14 NGN
NGN 76.49 NGN
NGN 566.69 NGN
1,000 RAVEN
NGN 112.87 NGN
NGN 104.28 NGN
NGN 152.98 NGN
NGN 1,133.38 NGN

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