Convert Raven Protocol RAVEN to United States Dollar USD

RAVEN to USD: 1 Raven Protocol converts to $0.000058 USD as of January 2 at 10:41 AM

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About Raven Protocol

Raven Protocol is falling this week. The current price of Raven Protocol is $0.000058 per RAVEN. With a circulating supply of 4,436,646,536.733 RAVEN, it means that Raven Protocol has a total market cap of $254,368.06. The amount of Raven Protocol traded has fallen by -$308.78 in the last 24 hours, which is a 35.12% decrease. Additionally, in the last day, $879.26 worth of RAVEN has been traded.

The exchange rate of Raven Protocol is decreasing. The current value of 1 RAVEN is $0.000058 USD. In other words, to buy 5 Raven Protocol, it would cost you $0.000289 USD. Inversely, $1.00 USD would allow you to trade for 17,276.99 RAVEN while $50.00 USD would convert to 863,849.40 RAVEN, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 40.21%. Meanwhile, in the last 24 hours, the rate has changed by 3.31%, and that the highest exchange rate of 1 RAVEN to USD was $0.000060 USD and the lowest 24 hour value was 1 RAVEN for $0.000057 USD. Last month, 1 RAVEN was worth $0.000051 USD. Today, it's up 12.68%. Looking back a year, Raven Protocol has changed by $0.000296 USD. That means that in a single year, the value of Raven Protocol has shrank by 80.68%.

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.

$0.000058Price
$254.37KMarket cap
$879.26Volume (24h)
4.4B RAVENCir. Supply

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Conversion tables

RAVEN to USD values from Today at 10:41 am

0.5 RAVEN = $0.000029 USD
1 RAVEN = $0.000058 USD
5 RAVEN = $0.000289 USD
10 RAVEN = $0.000579 USD
50 RAVEN = $0.0029 USD
100 RAVEN = $0.0058 USD
500 RAVEN = $0.0289 USD
1,000 RAVEN = $0.0579 USD

USD to RAVEN values from Today at 10:42 am

$0.50 USD = 8,638.49 RAVEN
$1.00 USD = 17,276.99 RAVEN
$5.00 USD = 86,384.94 RAVEN
$10.00 USD = 172,769.88 RAVEN
$50.00 USD = 863,849.40 RAVEN
$100.00 USD = 1,727,698.79 RAVEN
$500.00 USD = 8,638,493.97 RAVEN
$1,000.00 USD = 17,276,987.95 RAVEN

RAVEN to USD over time

RAVEN
Today
24H
-2.33%
1M
12.19%
1Y
-412.00%
0.5 RAVEN
$0.000029 USD
$0.000030 USD
$0.000025 USD
$0.000148 USD
1 RAVEN
$0.000058 USD
$0.000059 USD
$0.000051 USD
$0.000296 USD
5 RAVEN
$0.000289 USD
$0.000296 USD
$0.000254 USD
$0.0015 USD
10 RAVEN
$0.000579 USD
$0.000592 USD
$0.000508 USD
$0.0030 USD
50 RAVEN
$0.0029 USD
$0.0030 USD
$0.0025 USD
$0.0148 USD
100 RAVEN
$0.0058 USD
$0.0059 USD
$0.0051 USD
$0.0296 USD
500 RAVEN
$0.0289 USD
$0.0296 USD
$0.0254 USD
$0.15 USD
1,000 RAVEN
$0.0579 USD
$0.0592 USD
$0.0508 USD
$0.30 USD

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