Convert Raven Protocol RAVEN to Japanese Yen JPY
RAVEN to JPY: 1 Raven Protocol converts to ¥0.008404 JPY as of September 22 at 10:09 PM
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About Raven Protocol
Raven Protocol is falling this week. The current price of Raven Protocol is ¥0.008404 per RAVEN. With a circulating supply of 10,000,000,000 RAVEN, it means that Raven Protocol has a total market cap of ¥84,039,818.76. The amount of Raven Protocol traded has risen by ¥157,420 in the last 24 hours, which is a 1,400.42% increase. Additionally, in the last day, ¥11,241 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is decreasing. The current value of 1 RAVEN is ¥0.008404 JPY. In other words, to buy 5 Raven Protocol, it would cost you ¥0.042019 JPY. Inversely, ¥1 JPY would allow you to trade for 118.99 RAVEN while ¥50 JPY would convert to 5,949.65 RAVEN, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.96%. Meanwhile, in the last 24 hours, the rate has changed by 5.28%, which means that the highest exchange rate of 1 RAVEN to JPY was ¥0.008845 JPY and the lowest 24 hour value was 1 RAVEN for ¥0.00836 JPY. Last month, 1 RAVEN was worth ¥0.009794 JPY. Today, it's down 13.66%. Looking back a year, Raven Protocol has changed by ¥0.01041 JPY. That means that in a single year, the value of Raven Protocol has shrank by 24.6%.
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 JPY values from Today at 10:09 pm
0.5 RAVEN = ¥0.004202 JPY |
1 RAVEN = ¥0.008404 JPY |
5 RAVEN = ¥0.04202 JPY |
10 RAVEN = ¥0.08404 JPY |
50 RAVEN = ¥0.4202 JPY |
100 RAVEN = ¥0.8404 JPY |
500 RAVEN = ¥4.20 JPY |
1,000 RAVEN = ¥8.40 JPY |
JPY to RAVEN values from Today at
¥1 JPY = 59.50 RAVEN |
¥1 JPY = 118.99 RAVEN |
¥5 JPY = 594.97 RAVEN |
¥10 JPY = 1,189.93 RAVEN |
¥50 JPY = 5,949.65 RAVEN |
¥100 JPY = 11,899.30 RAVEN |
¥500 JPY = 59,496.52 RAVEN |
¥1,000 JPY = 118,993.04 RAVEN |
RAVEN to JPY over time
RAVEN | Today | 24H -5.12% | 1M -16.54% | 1Y -23.92% |
|---|---|---|---|---|
0.5 RAVEN | ¥0.004202 JPY | ¥0.004417 JPY | ¥0.004897 JPY | ¥0.005207 JPY |
1 RAVEN | ¥0.008404 JPY | ¥0.008835 JPY | ¥0.009794 JPY | ¥0.01041 JPY |
5 RAVEN | ¥0.04202 JPY | ¥0.04417 JPY | ¥0.04897 JPY | ¥0.05207 JPY |
10 RAVEN | ¥0.08404 JPY | ¥0.08835 JPY | ¥0.09794 JPY | ¥0.1041 JPY |
50 RAVEN | ¥0.4202 JPY | ¥0.4417 JPY | ¥0.4897 JPY | ¥0.5207 JPY |
100 RAVEN | ¥0.8404 JPY | ¥0.8835 JPY | ¥0.9794 JPY | ¥1.04 JPY |
500 RAVEN | ¥4.20 JPY | ¥4.42 JPY | ¥4.90 JPY | ¥5.21 JPY |
1,000 RAVEN | ¥8.40 JPY | ¥8.83 JPY | ¥9.79 JPY | ¥10.41 JPY |
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