Convert Raven Protocol RAVEN to United States Dollar USD

RAVEN to USD: 1 Raven Protocol converts to $0.00003111 USD as of October 26 at 7:48 PM

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About Raven Protocol

Raven Protocol is falling this week. The current price of Raven Protocol is $0.00003111 per RAVEN. With a circulating supply of 10,000,000,000 RAVEN, it means that Raven Protocol has a total market cap of $311,080.20. The amount of Raven Protocol traded has fallen by -$0.55 in the last 24 hours, which is a 45.70% decrease. Additionally, in the last day, $1.20 worth of RAVEN has been traded.

The exchange rate of Raven Protocol is decreasing. The current value of 1 RAVEN is $0.00003111 USD. In other words, to buy 5 Raven Protocol, it would cost you $0.00015554 USD. Inversely, $1.00 USD would allow you to trade for 32,146.05 RAVEN while $50.00 USD would convert to 1,607,302.55 RAVEN, not including platform or gas fees.

In the last 7 days, the exchange rate has fallen by 5.69%. Meanwhile, in the last 24 hours, the rate has changed by 0.14%, and that the highest exchange rate of 1 RAVEN to USD was $0.00003125 USD and the lowest 24 hour value was 1 RAVEN for $0.00003095 USD. Last month, 1 RAVEN was worth $0.00005113 USD. Today, it's down 38.99%. Looking back a year, Raven Protocol has changed by $0.00004398 USD. That means that in a single year, the value of Raven Protocol has shrank by 29.06%.

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.

$0.00003111Price
$311.08KMarket cap
$1.20Volume (24h)
10B RAVENCir. Supply

Conversion tables

RAVEN to USD values from Today at 7:48 pm

0.5 RAVEN = $0.00001555 USD
1 RAVEN = $0.00003111 USD
5 RAVEN = $0.0001555 USD
10 RAVEN = $0.0003111 USD
50 RAVEN = $0.001555 USD
100 RAVEN = $0.003111 USD
500 RAVEN = $0.01555 USD
1,000 RAVEN = $0.03111 USD

USD to RAVEN values from Today at 7:38 am

$0.50 USD = 16,073.03 RAVEN
$1.00 USD = 32,146.05 RAVEN
$5.00 USD = 160,730.25 RAVEN
$10.00 USD = 321,460.51 RAVEN
$50.00 USD = 1,607,302.55 RAVEN
$100.00 USD = 3,214,605.09 RAVEN
$500.00 USD = 16,073,025.46 RAVEN
$1,000.00 USD = 32,146,050.92 RAVEN

RAVEN to USD over time

RAVEN
Today
24H
100.00%
1M
100.00%
1Y
100.00%
0.5 RAVEN
$0.00001555 USD
$0.00001562 USD
$0.00002557 USD
$0.00002199 USD
1 RAVEN
$0.00003111 USD
$0.00003124 USD
$0.00005113 USD
$0.00004398 USD
5 RAVEN
$0.0001555 USD
$0.0001562 USD
$0.0002557 USD
$0.0002199 USD
10 RAVEN
$0.0003111 USD
$0.0003124 USD
$0.0005113 USD
$0.0004398 USD
50 RAVEN
$0.001555 USD
$0.001562 USD
$0.002557 USD
$0.002199 USD
100 RAVEN
$0.003111 USD
$0.003124 USD
$0.005113 USD
$0.004398 USD
500 RAVEN
$0.01555 USD
$0.01562 USD
$0.02557 USD
$0.02199 USD
1,000 RAVEN
$0.03111 USD
$0.03124 USD
$0.05113 USD
$0.04398 USD

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