Convert Raven Protocol RAVEN to Nigerian Naira NGN

RAVEN to NGN: 1 Raven Protocol converts to NGN 0.0834 NGN as of January 2 at 10:44 AM

NGN

About Raven Protocol

Raven Protocol is falling this week. The current price of Raven Protocol is NGN 0.0834 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 366,564,865.64. The amount of Raven Protocol traded has fallen by -NGN 444,974.35 in the last 24 hours, which is a 35.12% decrease. Additionally, in the last day, NGN 1,267,084.84 worth of RAVEN has been traded.

The exchange rate of Raven Protocol is decreasing. The current value of 1 RAVEN is NGN 0.0834 NGN. In other words, to buy 5 Raven Protocol, it would cost you NGN 0.4171 NGN. Inversely, NGN 1.00 NGN would allow you to trade for 11.99 RAVEN while NGN 50.00 NGN would convert to 599.45 RAVEN, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 39.57%. Meanwhile, in the last 24 hours, the rate has changed by 2.27%, and that the highest exchange rate of 1 RAVEN to NGN was NGN 0.0862 NGN and the lowest 24 hour value was 1 RAVEN for NGN 0.0824 NGN. Last month, 1 RAVEN was worth NGN 0.11 NGN. Today, it's up 13.89%. Looking back a year, Raven Protocol has changed by NGN 0.46 NGN. That means that in a single year, the value of Raven Protocol has shrank by 80.47%.

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.

NGN 0.0834Price
NGN 366.56MMarket cap
NGN 1.27MVolume (24h)
4.4B RAVENCir. Supply

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Conversion tables

RAVEN to NGN values from Today at 10:44 am

0.5 RAVEN = NGN 0.0417 NGN
1 RAVEN = NGN 0.0834 NGN
5 RAVEN = NGN 0.42 NGN
10 RAVEN = NGN 0.83 NGN
50 RAVEN = NGN 4.17 NGN
100 RAVEN = NGN 8.34 NGN
500 RAVEN = NGN 41.71 NGN
1,000 RAVEN = NGN 83.41 NGN

NGN to RAVEN values from Today at 10:45 am

NGN 0.50 NGN = 5.99 RAVEN
NGN 1.00 NGN = 11.99 RAVEN
NGN 5.00 NGN = 59.94 RAVEN
NGN 10.00 NGN = 119.89 RAVEN
NGN 50.00 NGN = 599.45 RAVEN
NGN 100.00 NGN = 1,198.89 RAVEN
NGN 500.00 NGN = 5,994.46 RAVEN
NGN 1,000.00 NGN = 11,988.91 RAVEN

RAVEN to NGN over time

RAVEN
Today
24H
-2.69%
1M
-27.67%
1Y
-449.30%
0.5 RAVEN
NGN 0.0417 NGN
NGN 0.0428 NGN
NGN 0.0532 NGN
NGN 0.23 NGN
1 RAVEN
NGN 0.0834 NGN
NGN 0.0857 NGN
NGN 0.11 NGN
NGN 0.46 NGN
5 RAVEN
NGN 0.42 NGN
NGN 0.43 NGN
NGN 0.53 NGN
NGN 2.29 NGN
10 RAVEN
NGN 0.83 NGN
NGN 0.86 NGN
NGN 1.06 NGN
NGN 4.58 NGN
50 RAVEN
NGN 4.17 NGN
NGN 4.28 NGN
NGN 5.32 NGN
NGN 22.91 NGN
100 RAVEN
NGN 8.34 NGN
NGN 8.57 NGN
NGN 10.65 NGN
NGN 45.82 NGN
500 RAVEN
NGN 41.71 NGN
NGN 42.83 NGN
NGN 53.24 NGN
NGN 229.09 NGN
1,000 RAVEN
NGN 83.41 NGN
NGN 85.65 NGN
NGN 106.49 NGN
NGN 458.17 NGN

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