Convert Raven Protocol RAVEN to Singapore Dollar SGD
RAVEN to SGD: 1 Raven Protocol converts to S$0.00004332 SGD as of October 21 at 1:10 PM
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About Raven Protocol
Raven Protocol is climbing this week. The current price of Raven Protocol is S$0.00004332 per RAVEN. With a circulating supply of 10,000,000,000 RAVEN, it means that Raven Protocol has a total market cap of S$433,215.42. The amount of Raven Protocol traded has fallen by S$-15.47 in the last 24 hours, which is a 46.69% decrease. Additionally, in the last day, S$33.12 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is increasing. The current value of 1 RAVEN is S$0.00004332 SGD. In other words, to buy 5 Raven Protocol, it would cost you S$0.0002166 SGD. Inversely, S$1.00 SGD would allow you to trade for 23,084.41 RAVEN while S$50.00 SGD would convert to 1,154,220.45 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 SGD was S$0.00004353 SGD and the lowest 24 hour value was 1 RAVEN for S$0.00004232 SGD. Last month, 1 RAVEN was worth S$0.00007167 SGD. Today, it's down 39.47%. Looking back a year, Raven Protocol has changed by S$0.00006132 SGD. 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 SGD values from Today at 1:10 pm
0.5 RAVEN = S$0.00002166 SGD |
1 RAVEN = S$0.00004332 SGD |
5 RAVEN = S$0.0002166 SGD |
10 RAVEN = S$0.0004332 SGD |
50 RAVEN = S$0.002166 SGD |
100 RAVEN = S$0.004332 SGD |
500 RAVEN = S$0.02166 SGD |
1,000 RAVEN = S$0.04332 SGD |
SGD to RAVEN values from Today at
S$0.50 SGD = 11,542.20 RAVEN |
S$1.00 SGD = 23,084.41 RAVEN |
S$5.00 SGD = 115,422.05 RAVEN |
S$10.00 SGD = 230,844.09 RAVEN |
S$50.00 SGD = 1,154,220.45 RAVEN |
S$100.00 SGD = 2,308,440.91 RAVEN |
S$500.00 SGD = 11,542,204.53 RAVEN |
S$1,000.00 SGD = 23,084,409.06 RAVEN |
RAVEN to SGD over time
RAVEN | Today | 24H 2.17% | 1M -65.45% | 1Y -41.55% |
|---|---|---|---|---|
0.5 RAVEN | S$0.00002166 SGD | S$0.00002119 SGD | S$0.00003584 SGD | S$0.00003066 SGD |
1 RAVEN | S$0.00004332 SGD | S$0.00004238 SGD | S$0.00007167 SGD | S$0.00006132 SGD |
5 RAVEN | S$0.0002166 SGD | S$0.0002119 SGD | S$0.0003584 SGD | S$0.0003066 SGD |
10 RAVEN | S$0.0004332 SGD | S$0.0004238 SGD | S$0.0007167 SGD | S$0.0006132 SGD |
50 RAVEN | S$0.002166 SGD | S$0.002119 SGD | S$0.003584 SGD | S$0.003066 SGD |
100 RAVEN | S$0.004332 SGD | S$0.004238 SGD | S$0.007167 SGD | S$0.006132 SGD |
500 RAVEN | S$0.02166 SGD | S$0.02119 SGD | S$0.03584 SGD | S$0.03066 SGD |
1,000 RAVEN | S$0.04332 SGD | S$0.04238 SGD | S$0.07167 SGD | S$0.06132 SGD |
Frequently asked questions
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