About Raven Protocol
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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Market Stats
Market Cap
$498,884.14
-5.81%
FDV
Not enough data
Circulating Supply
4,436,646,536.733 RAVEN
Max Supply
Not enough data
Total Supply
10,000,000,000 RAVEN
Diluted Valuation
$1,119,215.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$115.92
-0.69%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.0244
Overall Price Change (1Y)
-0.93%
Additional info about Raven Protocol
Recent trends
The price of Raven Protocol has decreased by 0.07% in the last hour and decreased by 5.72% in the past 24 hours. Raven Protocol’s price has also fallen by 8.00% in the past week. The current price is $0.000112 per RAVEN with a 24-hour trading volume of $115.92. Currently, Raven Protocol is valued at 99.54% below its all time high of $0.0244. This all-time high was the highest price paid for Raven Protocol since its launch. The current circulating supply of Raven Protocol is 4,436,646,536.733 RAVEN which means that Raven Protocol has as total market cap of $498,884.14.
Market details
RAVEN vs markets
↘ 93.79%
RAVEN vs BTC
↘ 94.7%
RAVEN vs ETH
↘ 86.27%
Tags
ai-big-data
Network & Addresses
Network | Address | |
---|---|---|
BNB Smart Chain | 0xRaVEn-F66 | |
BNB Smart Chain | 0xcD7C5025753a49f1881B31C48caA7C517Bb46308 | |
BNB Beacon Chain | RAVEN-F66 |
Price history
Time | Price | Change |
---|---|---|
Today | $0.000112 | ↘ 5.72% |
1 Day | $0.000119 | ↘ 5.72% |
1 Week | $0.000122 | ↘ 8.00% |
1 Month | $0.000222 | ↘ 49.42% |
1 Year | $0.0016 | ↘ 92.77% |
FAQ
We update our Raven Protocol to USD currency in real-time. Get the live price of Raven Protocol on Coinbase.
The current market cap of Raven Protocol is $498.88K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Raven Protocol is $0.0244. This all-time high is highest price paid for Raven Protocol since it was launched.
Over the last 24 hours, the trading volume of Raven Protocol is $115.92.
Assets that have a similar market cap to Raven Protocol include TERA, Honest, DOS Network, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Raven Protocol is 4.4 billion.
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