Convert Raven Protocol RAVEN to Euro EUR
RAVEN to EUR: 1 Raven Protocol converts to €0.00004688 EUR as of September 23 at 11:53 AM
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About Raven Protocol
Raven Protocol is climbing this week. The current price of Raven Protocol is €0.00004688 per RAVEN. With a circulating supply of 10,000,000,000 RAVEN, it means that Raven Protocol has a total market cap of €468,801.24. The amount of Raven Protocol traded has fallen by -€2.36 in the last 24 hours, which is a 96.34% decrease. Additionally, in the last day, €2.45 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is increasing. The current value of 1 RAVEN is €0.00004688 EUR. In other words, to buy 5 Raven Protocol, it would cost you €0.0002344 EUR. Inversely, €1.00 EUR would allow you to trade for 21,331.18 RAVEN while €50.00 EUR would convert to 1,066,559.01 RAVEN, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 2.95%. Meanwhile, in the last 24 hours, the rate has changed by 0.21%, which means that the highest exchange rate of 1 RAVEN to EUR was €0.00004701 EUR and the lowest 24 hour value was 1 RAVEN for €0.00004646 EUR. Last month, 1 RAVEN was worth €0.00005279 EUR. Today, it's down 13.37%. Looking back a year, Raven Protocol has changed by €0.00005483 EUR. That means that in a single year, the value of Raven Protocol has shrank by 17%.
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 11:53 am
0.5 RAVEN = €0.00002344 EUR |
1 RAVEN = €0.00004688 EUR |
5 RAVEN = €0.0002344 EUR |
10 RAVEN = €0.0004688 EUR |
50 RAVEN = €0.002344 EUR |
100 RAVEN = €0.004688 EUR |
500 RAVEN = €0.02344 EUR |
1,000 RAVEN = €0.04688 EUR |
EUR to RAVEN values from Today at
€0.50 EUR = 10,665.59 RAVEN |
€1.00 EUR = 21,331.18 RAVEN |
€5.00 EUR = 106,655.90 RAVEN |
€10.00 EUR = 213,311.80 RAVEN |
€50.00 EUR = 1,066,559.01 RAVEN |
€100.00 EUR = 2,133,118.02 RAVEN |
€500.00 EUR = 10,665,590.10 RAVEN |
€1,000.00 EUR = 21,331,180.20 RAVEN |
RAVEN to EUR over time
RAVEN | Today | 24H 0.82% | 1M -12.61% | 1Y -16.96% |
|---|---|---|---|---|
0.5 RAVEN | €0.00002344 EUR | €0.00002325 EUR | €0.0000264 EUR | €0.00002741 EUR |
1 RAVEN | €0.00004688 EUR | €0.0000465 EUR | €0.00005279 EUR | €0.00005483 EUR |
5 RAVEN | €0.0002344 EUR | €0.0002325 EUR | €0.000264 EUR | €0.0002741 EUR |
10 RAVEN | €0.0004688 EUR | €0.000465 EUR | €0.0005279 EUR | €0.0005483 EUR |
50 RAVEN | €0.002344 EUR | €0.002325 EUR | €0.00264 EUR | €0.002741 EUR |
100 RAVEN | €0.004688 EUR | €0.00465 EUR | €0.005279 EUR | €0.005483 EUR |
500 RAVEN | €0.02344 EUR | €0.02325 EUR | €0.0264 EUR | €0.02741 EUR |
1,000 RAVEN | €0.04688 EUR | €0.0465 EUR | €0.05279 EUR | €0.05483 EUR |
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