Convert Raven Protocol RAVEN to United States Dollar USD
RAVEN to USD: 1 Raven Protocol converts to $0.00004211 USD as of October 8 at 9:31 AM
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About Raven Protocol
Raven Protocol is climbing this week. The current price of Raven Protocol is $0.00004211 per RAVEN. With a circulating supply of 10,000,000,000 RAVEN, it means that Raven Protocol has a total market cap of $421,114.87. The amount of Raven Protocol traded has risen by $31.14 in the last 24 hours, which is a 54.40% increase. Additionally, in the last day, $57.23 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is increasing. The current value of 1 RAVEN is $0.00004211 USD. In other words, to buy 5 Raven Protocol, it would cost you $0.00021056 USD. Inversely, $1.00 USD would allow you to trade for 23,746.49 RAVEN while $50.00 USD would convert to 1,187,324.48 RAVEN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.16%. Meanwhile, in the last 24 hours, the rate has changed by 1.88%, and that the highest exchange rate of 1 RAVEN to USD was $0.00004209 USD and the lowest 24 hour value was 1 RAVEN for $0.00004093 USD. Last month, 1 RAVEN was worth $0.00006445 USD. Today, it's down 34.73%. Looking back a year, Raven Protocol has changed by $0.000067 USD. That means that in a single year, the value of Raven Protocol has shrank by 37.21%.
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 9:31 am
0.5 RAVEN = $0.00002106 USD |
1 RAVEN = $0.00004211 USD |
5 RAVEN = $0.0002106 USD |
10 RAVEN = $0.0004211 USD |
50 RAVEN = $0.002106 USD |
100 RAVEN = $0.004211 USD |
500 RAVEN = $0.02106 USD |
1,000 RAVEN = $0.04211 USD |
USD to RAVEN values from Today at 7:38 am
$0.50 USD = 11,873.24 RAVEN |
$1.00 USD = 23,746.49 RAVEN |
$5.00 USD = 118,732.45 RAVEN |
$10.00 USD = 237,464.90 RAVEN |
$50.00 USD = 1,187,324.48 RAVEN |
$100.00 USD = 2,374,648.96 RAVEN |
$500.00 USD = 11,873,244.82 RAVEN |
$1,000.00 USD = 23,746,489.64 RAVEN |
RAVEN to USD over time
RAVEN | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 RAVEN | $0.00002106 USD | $0.00002063 USD | $0.00003223 USD | $0.0000335 USD |
1 RAVEN | $0.00004211 USD | $0.00004125 USD | $0.00006445 USD | $0.000067 USD |
5 RAVEN | $0.0002106 USD | $0.0002063 USD | $0.0003223 USD | $0.000335 USD |
10 RAVEN | $0.0004211 USD | $0.0004125 USD | $0.0006445 USD | $0.00067 USD |
50 RAVEN | $0.002106 USD | $0.002063 USD | $0.003223 USD | $0.00335 USD |
100 RAVEN | $0.004211 USD | $0.004125 USD | $0.006445 USD | $0.0067 USD |
500 RAVEN | $0.02106 USD | $0.02063 USD | $0.03223 USD | $0.0335 USD |
1,000 RAVEN | $0.04211 USD | $0.04125 USD | $0.06445 USD | $0.067 USD |
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