Raven Protocol (RAVEN)
RAVEN

RAVEN Raven Protocol

Price of 1 Raven Protocol today (19 April)
$ 0.00011
-2.23%

Price of Raven Protocol (RAVEN)

Market Cap
$ 508.8K
-39%
#4087
Trading Volume, 24h
$ 189.2
+73%
Dominance
0.000018%
In circulation RAVEN
4,436,684,087
Price Min/Max
24 hrs
$ 0.00011
$ 0.00023
30 days
$ 0.000072
$ 0.00023
1 year
$ 0.000072
$ 0.0015
RAVEN Sectors:
Raven Protocol does not belong to any sector.

Exchanges where RAVEN is traded

Exchange Pair Price Volume, 24h
1 PancakeSwap (v2) RAVEN/WBNB
$ 0.00011
WBNB 0.00000019
$ 232 Go

Today Raven Protocol (RAVEN) only traded on PancakeSwap (v2) (2). The maximum trading volume is observed for the trading pair RAVEN/WBNB and reaches 232 dollars (100% of the total volume across all exchanges). During the week, the minimum price for Raven Protocol (RAVEN) is fixed on Wednesday at 0.00011 cents. Currently, the token Raven Protocol is trading in the range of 0.0115 cents or 0.942 kopeck for 1 RAVEN.

Calculator RAVEN

RAVEN
USDT

1 RAVEN = 0.00011 USD

What is Raven Protocol?

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.

How to add Raven Protocol to Metamask?

To add RAVEN to the metamask you need:

  1. In the wallet select the desired network and then in the cryptocurrencies section scroll to the bottom - click "Import tokens".
  2. Copy the smart contract address for Raven Protocol from the list below.
  3. Paste into the "Smart Contract Address" field.
  4. Click the "Add Custom Token" button.

The RAVEN is available on the 2 blockchain networks. Below is a list of Raven Protocol smartcontract addresses to add to the metamask:

  • BNB Beacon Chain - RAVEN-F66
  • BNB Smart Chain - 0xcd7c5025753a49f1881b31c48caa7c517bb46308

Official websites and links for Raven Protocol

There are currently about 4 official links to Raven Protocol websites and social media:

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