Convert Raven Protocol RAVEN to Numeraire NMR
1 RAVEN converts to 0.000007048 NMR
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About RAVEN and NMR
Raven Protocol is climbing, while Numeraire is falling this week. The current RAVEN to NMR conversion rate is 0.000007048. Inversely, this means that if you convert 1 NMR you will get 141,891.80 RAVEN. The conversion rate of RAVEN/NMR has increased by 4.81% in the last hour (NMR/RAVEN decreased by 4.81%). In the last 24 hours, RAVEN/NMR grew by 16.76%, while NMR/RAVEN shrunk by the same amount.
The exchange rate of Raven Protocol is increasing. The current value of 1 RAVEN is 0.000007048 NMR. In other words, to buy 5 Raven Protocol, it would cost you 0.000035238 NMR. Inversely, 1 NMR would allow you to trade for 141,891.80 RAVEN while 50 NMR would convert to 7,094,590.05 RAVEN, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 9.73%. Meanwhile, in the last 24 hours, the rate has changed by 14.6%, which means that the highest exchange rate of 1 RAVEN to NMR was 0.000007107 NMR and the lowest 24 hour value was 1 RAVEN for 0.000005918 NMR. Last month, 1 RAVEN was worth 0.000009157 NMR. Today, it's down 29.93%. Looking back a year, Raven Protocol has changed by 0.00001284 NMR. That means that in a single year, the value of Raven Protocol has shrank by 82.2%.
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.
Numeraire Market Stats
Numeraire is an Ethereum token that powers Numerai, a San Francisco-based hedge fund that crowdsources artificial intelligence to make investments in major stock markets around the world. Numeraire (NMR) holders can stake their NMR tokens every week on specific predictions. Successful predictions are rewarded with more NMR.
Conversion tables
RAVEN to NMR values from Today at 3:51 am
0.5 RAVEN = 0.000003524 NMR |
1 RAVEN = 0.000007048 NMR |
5 RAVEN = 0.00003524 NMR |
10 RAVEN = 0.00007048 NMR |
50 RAVEN = 0.0003524 NMR |
100 RAVEN = 0.0007048 NMR |
500 RAVEN = 0.003524 NMR |
1,000 RAVEN = 0.007048 NMR |
NMR to RAVEN values from Today at 3:53 am
0.5 NMR = 70,945.90 RAVEN |
1 NMR = 141,891.80 RAVEN |
5 NMR = 709,459.00 RAVEN |
10 NMR = 1,418,918.01 RAVEN |
50 NMR = 7,094,590.05 RAVEN |
100 NMR = 14,189,180.09 RAVEN |
500 NMR = 70,945,900.47 RAVEN |
1,000 NMR = 141,891,800.94 RAVEN |
RAVEN to NMR over time
RAVEN | Today | 24H 14.60% | 1M -29.93% | 1Y -82.20% |
|---|---|---|---|---|
0.5 RAVEN | 0.000003524 NMR | 0.000003009 NMR | 0.000004578 NMR | 0.00000642 NMR |
1 RAVEN | 0.000007048 NMR | 0.000006019 NMR | 0.000009157 NMR | 0.00001284 NMR |
5 RAVEN | 0.00003524 NMR | 0.00003009 NMR | 0.00004578 NMR | 0.0000642 NMR |
10 RAVEN | 0.00007048 NMR | 0.00006019 NMR | 0.00009157 NMR | 0.0001284 NMR |
50 RAVEN | 0.0003524 NMR | 0.0003009 NMR | 0.0004578 NMR | 0.000642 NMR |
100 RAVEN | 0.0007048 NMR | 0.0006019 NMR | 0.0009157 NMR | 0.001284 NMR |
500 RAVEN | 0.003524 NMR | 0.003009 NMR | 0.004578 NMR | 0.00642 NMR |
1,000 RAVEN | 0.007048 NMR | 0.006019 NMR | 0.009157 NMR | 0.01284 NMR |
Frequently asked questions
Right now, 1 Raven Protocol is worth about $0.00005716.
Based on the current rate, you could get 17,495.91 RAVEN for 1 USD.
Raven Protocol price has been on the rise. Since yesterday, the exchange rate of Raven Protocol has increased. Since last month, the exchange rate of Raven Protocol has decreased. Since this time last year, the price of Raven Protocol has decreased.
You can use our RAVEN to USD calculator at the top of this page to convert any amount of RAVEN to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 87,479.53 RAVEN. Inversely, 5 RAVEN will cost about $0.0002858
Raven Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Raven Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Raven Protocol, including TemplarDAO, Light DeFi, and xWIN Finance. For a more robust list of assets to explore, jump to the asset page dedicated to Raven Protocol.
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