Convert Raven Protocol RAVEN to British Pound GBP
RAVEN to GBP: 1 Raven Protocol converts to £0.000044 GBP as of September 12 at 3:29 PM
About Raven Protocol
Raven Protocol is falling this week. The current price of Raven Protocol is £0.000044 per RAVEN. With a circulating supply of 4,436,646,536.733 RAVEN, it means that Raven Protocol has a total market cap of £196,190.65. The amount of Raven Protocol traded has fallen by £0.00 in the last 24 hours, which is a 0.00% decrease. Additionally, in the last day, £45.34 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is decreasing. The current value of 1 RAVEN is £0.000044 GBP. In other words, to buy 5 Raven Protocol, it would cost you £0.000222 GBP. Inversely, £1.00 GBP would allow you to trade for 22,567.91 RAVEN while £50.00 GBP would convert to 1,128,395.73 RAVEN, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.76%. Meanwhile, in the last 24 hours, the rate has changed by 2.41%, which means that the highest exchange rate of 1 RAVEN to GBP was £0.000045 GBP and the lowest 24 hour value was 1 RAVEN for £0.000044 GBP. Last month, 1 RAVEN was worth £0.000052 GBP. Today, it's down 14.19%. Looking back a year, Raven Protocol has changed by £0.000302 GBP. That means that in a single year, the value of Raven Protocol has shrank by 84.86%.
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.
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Conversion tables
RAVEN to GBP values from Today at 3:29 pm
0.5 RAVEN = £0.000022 GBP |
1 RAVEN = £0.000044 GBP |
5 RAVEN = £0.000222 GBP |
10 RAVEN = £0.000443 GBP |
50 RAVEN = £0.0022 GBP |
100 RAVEN = £0.0044 GBP |
500 RAVEN = £0.0222 GBP |
1,000 RAVEN = £0.0443 GBP |
GBP to RAVEN values from Today at 3:30 pm
£0.50 GBP = 11,283.96 RAVEN |
£1.00 GBP = 22,567.91 RAVEN |
£5.00 GBP = 112,839.57 RAVEN |
£10.00 GBP = 225,679.15 RAVEN |