Convert Raven Protocol RAVEN to Japanese Yen JPY
RAVEN to JPY: 1 Raven Protocol converts to ¥0.005218 JPY as of October 17 at 11:34 PM
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About Raven Protocol
Raven Protocol is falling this week. The current price of Raven Protocol is ¥0.005218 per RAVEN. With a circulating supply of 10,000,000,000 RAVEN, it means that Raven Protocol has a total market cap of ¥52,178,354.03. The amount of Raven Protocol traded has fallen by -¥342 in the last 24 hours, which is a 73.56% decrease. Additionally, in the last day, ¥465 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is decreasing. The current value of 1 RAVEN is ¥0.005218 JPY. In other words, to buy 5 Raven Protocol, it would cost you ¥0.026089 JPY. Inversely, ¥1 JPY would allow you to trade for 191.66 RAVEN while ¥50 JPY would convert to 9,582.75 RAVEN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 22.68%. Meanwhile, in the last 24 hours, the rate has changed by 0.51%, and that the highest exchange rate of 1 RAVEN to JPY was ¥0.005232 JPY and the lowest 24 hour value was 1 RAVEN for ¥0.005183 JPY. Last month, 1 RAVEN was worth ¥0.008354 JPY. Today, it's down 38.49%. Looking back a year, Raven Protocol has changed by ¥0.007606 JPY. That means that in a single year, the value of Raven Protocol has shrank by 34.76%.
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 11:34 pm
0.5 RAVEN = ¥0.002609 JPY |
1 RAVEN = ¥0.005218 JPY |
5 RAVEN = ¥0.02609 JPY |
10 RAVEN = ¥0.05218 JPY |
50 RAVEN = ¥0.2609 JPY |
100 RAVEN = ¥0.5218 JPY |
500 RAVEN = ¥2.61 JPY |
1,000 RAVEN = ¥5.22 JPY |
JPY to RAVEN values from Today at 4:10 am
¥1 JPY = 95.83 RAVEN |
¥1 JPY = 191.66 RAVEN |
¥5 JPY = 958.28 RAVEN |
¥10 JPY = 1,916.55 RAVEN |
¥50 JPY = 9,582.75 RAVEN |
¥100 JPY = 19,165.50 RAVEN |
¥500 JPY = 95,827.50 RAVEN |
¥1,000 JPY = 191,655.00 RAVEN |
RAVEN to JPY over time
RAVEN | Today | 24H 100.00% | 1M 100.00% | 1Y 100.00% |
|---|---|---|---|---|
0.5 RAVEN | ¥0.002609 JPY | ¥0.002614 JPY | ¥0.004177 JPY | ¥0.003803 JPY |
1 RAVEN | ¥0.005218 JPY | ¥0.005227 JPY | ¥0.008354 JPY | ¥0.007606 JPY |
5 RAVEN | ¥0.02609 JPY | ¥0.02614 JPY | ¥0.04177 JPY | ¥0.03803 JPY |
10 RAVEN | ¥0.05218 JPY | ¥0.05227 JPY | ¥0.08354 JPY | ¥0.07606 JPY |
50 RAVEN | ¥0.2609 JPY | ¥0.2614 JPY | ¥0.4177 JPY | ¥0.3803 JPY |
100 RAVEN | ¥0.5218 JPY | ¥0.5227 JPY | ¥0.8354 JPY | ¥0.7606 JPY |
500 RAVEN | ¥2.61 JPY | ¥2.61 JPY | ¥4.18 JPY | ¥3.80 JPY |
1,000 RAVEN | ¥5.22 JPY | ¥5.23 JPY | ¥8.35 JPY | ¥7.61 JPY |
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