Convert Raven Protocol RAVEN to Singapore Dollar SGD
RAVEN to SGD: 1 Raven Protocol converts to S$0.00005654 SGD as of October 2 at 10:57 PM
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About Raven Protocol
Raven Protocol is falling this week. The current price of Raven Protocol is S$0.00005654 per RAVEN. With a circulating supply of 10,000,000,000 RAVEN, it means that Raven Protocol has a total market cap of S$565,481.91. The amount of Raven Protocol traded has risen by S$65.81 in the last 24 hours, which is a 30.74% increase. Additionally, in the last day, S$214.05 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is decreasing. The current value of 1 RAVEN is S$0.00005654 SGD. In other words, to buy 5 Raven Protocol, it would cost you S$0.00028271 SGD. Inversely, S$1.00 SGD would allow you to trade for 17,685.69 RAVEN while S$50.00 SGD would convert to 884,284.54 RAVEN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 12.71%. Meanwhile, in the last 24 hours, the rate has changed by 4.76%, and that the highest exchange rate of 1 RAVEN to SGD was S$0.00005936 SGD and the lowest 24 hour value was 1 RAVEN for S$0.0000548 SGD. Last month, 1 RAVEN was worth S$0.00007404 SGD. Today, it's down 24.28%. Looking back a year, Raven Protocol has changed by S$0.00008974 SGD. That means that in a single year, the value of Raven Protocol has shrank by 36.67%.
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 SGD values from Today at 10:57 pm
0.5 RAVEN = S$0.00002827 SGD |
1 RAVEN = S$0.00005654 SGD |
5 RAVEN = S$0.0002827 SGD |
10 RAVEN = S$0.0005654 SGD |
50 RAVEN = S$0.002827 SGD |
100 RAVEN = S$0.005654 SGD |
500 RAVEN = S$0.02827 SGD |
1,000 RAVEN = S$0.05654 SGD |
SGD to RAVEN values from Today at
S$0.50 SGD = 8,842.85 RAVEN |
S$1.00 SGD = 17,685.69 RAVEN |
S$5.00 SGD = 88,428.45 RAVEN |
S$10.00 SGD = 176,856.91 RAVEN |
S$50.00 SGD = 884,284.54 RAVEN |
S$100.00 SGD = 1,768,569.07 RAVEN |
S$500.00 SGD = 8,842,845.37 RAVEN |
S$1,000.00 SGD = 17,685,690.74 RAVEN |
RAVEN to SGD over time
RAVEN | Today | 24H -4.88% | 1M -30.95% | 1Y -58.72% |
|---|---|---|---|---|
0.5 RAVEN | S$0.00002827 SGD | S$0.00002965 SGD | S$0.00003702 SGD | S$0.00004487 SGD |
1 RAVEN | S$0.00005654 SGD | S$0.0000593 SGD | S$0.00007404 SGD | S$0.00008974 SGD |
5 RAVEN | S$0.0002827 SGD | S$0.0002965 SGD | S$0.0003702 SGD | S$0.0004487 SGD |
10 RAVEN | S$0.0005654 SGD | S$0.000593 SGD | S$0.0007404 SGD | S$0.0008974 SGD |
50 RAVEN | S$0.002827 SGD | S$0.002965 SGD | S$0.003702 SGD | S$0.004487 SGD |
100 RAVEN | S$0.005654 SGD | S$0.00593 SGD | S$0.007404 SGD | S$0.008974 SGD |
500 RAVEN | S$0.02827 SGD | S$0.02965 SGD | S$0.03702 SGD | S$0.04487 SGD |
1,000 RAVEN | S$0.05654 SGD | S$0.0593 SGD | S$0.07404 SGD | S$0.08974 SGD |
Frequently asked questions
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