Convert Raven Protocol RAVEN to Euro EUR
RAVEN to EUR: 1 Raven Protocol converts to €0.0000302 EUR as of October 21 at 1:11 PM
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About Raven Protocol
Raven Protocol is climbing this week. The current price of Raven Protocol is €0.0000302 per RAVEN. With a circulating supply of 10,000,000,000 RAVEN, it means that Raven Protocol has a total market cap of €301,984.80. The amount of Raven Protocol traded has fallen by -€10.78 in the last 24 hours, which is a 46.69% decrease. Additionally, in the last day, €23.09 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is increasing. The current value of 1 RAVEN is €0.0000302 EUR. In other words, to buy 5 Raven Protocol, it would cost you €0.00015099 EUR. Inversely, €1.00 EUR would allow you to trade for 33,115.59 RAVEN while €50.00 EUR would convert to 1,655,779.74 RAVEN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.63%. Meanwhile, in the last 24 hours, the rate has changed by 2.54%, and that the highest exchange rate of 1 RAVEN to EUR was €0.00003036 EUR and the lowest 24 hour value was 1 RAVEN for €0.00002951 EUR. Last month, 1 RAVEN was worth €0.00004897 EUR. Today, it's down 39.47%. Looking back a year, Raven Protocol has changed by €0.0000407 EUR. That means that in a single year, the value of Raven Protocol has shrank by 28.03%.
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.
Conversion tables
RAVEN to EUR values from Today at 1:11 pm
0.5 RAVEN = €0.0000151 EUR |
1 RAVEN = €0.0000302 EUR |
5 RAVEN = €0.000151 EUR |
10 RAVEN = €0.000302 EUR |
50 RAVEN = €0.00151 EUR |
100 RAVEN = €0.00302 EUR |
500 RAVEN = €0.0151 EUR |
1,000 RAVEN = €0.0302 EUR |
EUR to RAVEN values from Today at 7:49 am
€0.50 EUR = 16,557.80 RAVEN |
€1.00 EUR = 33,115.59 RAVEN |
€5.00 EUR = 165,577.97 RAVEN |
€10.00 EUR = 331,155.95 RAVEN |
€50.00 EUR = 1,655,779.74 RAVEN |
€100.00 EUR = 3,311,559.48 RAVEN |
€500.00 EUR = 16,557,797.42 RAVEN |
€1,000.00 EUR = 33,115,594.83 RAVEN |
RAVEN to EUR over time
RAVEN | Today | 24H -2.04% | 1M -69.15% | 1Y -40.60% |
|---|---|---|---|---|
0.5 RAVEN | €0.0000151 EUR | €0.00001477 EUR | €0.00002448 EUR | €0.00002035 EUR |
1 RAVEN | €0.0000302 EUR | €0.00002954 EUR | €0.00004897 EUR | €0.0000407 EUR |
5 RAVEN | €0.000151 EUR | €0.0001477 EUR | €0.0002448 EUR | €0.0002035 EUR |
10 RAVEN | €0.000302 EUR | €0.0002954 EUR | €0.0004897 EUR | €0.000407 EUR |
50 RAVEN | €0.00151 EUR | €0.001477 EUR | €0.002448 EUR | €0.002035 EUR |
100 RAVEN | €0.00302 EUR | €0.002954 EUR | €0.004897 EUR | €0.00407 EUR |
500 RAVEN | €0.0151 EUR | €0.01477 EUR | €0.02448 EUR | €0.02035 EUR |
1,000 RAVEN | €0.0302 EUR | €0.02954 EUR | €0.04897 EUR | €0.0407 EUR |
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