Convert Raven Protocol RAVEN to United States Dollar USD
RAVEN to USD: 1 Raven Protocol converts to $0.00003043 USD as of November 6 at 8:26 AM
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About Raven Protocol
Raven Protocol is falling this week. The current price of Raven Protocol is $0.00003043 per RAVEN. With a circulating supply of 10,000,000,000 RAVEN, it means that Raven Protocol has a total market cap of $304,301.57. The amount of Raven Protocol traded has risen by $43.83 in the last 24 hours, which is a 281.17% increase. Additionally, in the last day, $15.59 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is decreasing. The current value of 1 RAVEN is $0.00003043 USD. In other words, to buy 5 Raven Protocol, it would cost you $0.00015215 USD. Inversely, $1.00 USD would allow you to trade for 32,862.14 RAVEN while $50.00 USD would convert to 1,643,106.86 RAVEN, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 4.16%. Meanwhile, in the last 24 hours, the rate has changed by 3.31%, which means that the highest exchange rate of 1 RAVEN to USD was $0.00003157 USD and the lowest 24 hour value was 1 RAVEN for $0.00003026 USD. Last month, 1 RAVEN was worth $0.00004206 USD. Today, it's down 27.72%. Looking back a year, Raven Protocol has changed by $0.0000464 USD. That means that in a single year, the value of Raven Protocol has shrank by 34.61%.
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 USD values from Today at 8:26 am
0.5 RAVEN = $0.00001522 USD |
1 RAVEN = $0.00003043 USD |
5 RAVEN = $0.0001522 USD |
10 RAVEN = $0.0003043 USD |
50 RAVEN = $0.001522 USD |
100 RAVEN = $0.003043 USD |
500 RAVEN = $0.01522 USD |
1,000 RAVEN = $0.03043 USD |
USD to RAVEN values from Today at 7:38 am
$0.50 USD = 16,431.07 RAVEN |
$1.00 USD = 32,862.14 RAVEN |
$5.00 USD = 164,310.69 RAVEN |
$10.00 USD = 328,621.37 RAVEN |
$50.00 USD = 1,643,106.86 RAVEN |
$100.00 USD = 3,286,213.71 RAVEN |
$500.00 USD = 16,431,068.56 RAVEN |
$1,000.00 USD = 32,862,137.12 RAVEN |
RAVEN to USD over time
RAVEN | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 RAVEN | $0.00001522 USD | $0.00001571 USD | $0.00002103 USD | $0.0000232 USD |
1 RAVEN | $0.00003043 USD | $0.00003142 USD | $0.00004206 USD | $0.0000464 USD |
5 RAVEN | $0.0001522 USD | $0.0001571 USD | $0.0002103 USD | $0.000232 USD |
10 RAVEN | $0.0003043 USD | $0.0003142 USD | $0.0004206 USD | $0.000464 USD |
50 RAVEN | $0.001522 USD | $0.001571 USD | $0.002103 USD | $0.00232 USD |
100 RAVEN | $0.003043 USD | $0.003142 USD | $0.004206 USD | $0.00464 USD |
500 RAVEN | $0.01522 USD | $0.01571 USD | $0.02103 USD | $0.0232 USD |
1,000 RAVEN | $0.03043 USD | $0.03142 USD | $0.04206 USD | $0.0464 USD |
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