Convert Raven Protocol RAVEN to Euro EUR
RAVEN to EUR: 1 Raven Protocol converts to €0.00004732 EUR as of July 25 at 5:42 PM
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About Raven Protocol
Raven Protocol is falling this week. The current price of Raven Protocol is €0.00004732 per RAVEN. With a circulating supply of 4,436,646,536.733 RAVEN, it means that Raven Protocol has a total market cap of €209,400.45. The amount of Raven Protocol traded has fallen by -€1.65 in the last 24 hours, which is a 84.55% decrease. Additionally, in the last day, €1.95 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is decreasing. The current value of 1 RAVEN is €0.00004732 EUR. In other words, to buy 5 Raven Protocol, it would cost you €0.00023662 EUR. Inversely, €1.00 EUR would allow you to trade for 21,130.93 RAVEN while €50.00 EUR would convert to 1,056,546.37 RAVEN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 0.33%. Meanwhile, in the last 24 hours, the rate has changed by 1.19%, and that the highest exchange rate of 1 RAVEN to EUR was €0.00004788 EUR and the lowest 24 hour value was 1 RAVEN for €0.00004717 EUR. Last month, 1 RAVEN was worth €0.00004708 EUR. Today, it's up 0.4%. Looking back a year, Raven Protocol has changed by €0.0000643 EUR. That means that in a single year, the value of Raven Protocol has shrank by 28.78%.
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 EUR values from Today at 5:42 pm
0.5 RAVEN = €0.00002366 EUR |
1 RAVEN = €0.00004732 EUR |
5 RAVEN = €0.0002366 EUR |
10 RAVEN = €0.0004732 EUR |
50 RAVEN = €0.002366 EUR |
100 RAVEN = €0.004732 EUR |
500 RAVEN = €0.02366 EUR |
1,000 RAVEN = €0.04732 EUR |
EUR to RAVEN values from Today at
€0.50 EUR = 10,565.46 RAVEN |
€1.00 EUR = 21,130.93 RAVEN |
€5.00 EUR = 105,654.64 RAVEN |
€10.00 EUR = 211,309.27 RAVEN |
€50.00 EUR = 1,056,546.37 RAVEN |
€100.00 EUR = 2,113,092.74 RAVEN |
€500.00 EUR = 10,565,463.72 RAVEN |
€1,000.00 EUR = 21,130,927.44 RAVEN |
RAVEN to EUR over time
RAVEN | Today | 24H -1.16% | 1M 0.51% | 1Y -35.87% |
|---|---|---|---|---|
0.5 RAVEN | €0.00002366 EUR | €0.00002394 EUR | €0.00002354 EUR | €0.00003215 EUR |
1 RAVEN | €0.00004732 EUR | €0.00004787 EUR | €0.00004708 EUR | €0.0000643 EUR |
5 RAVEN | €0.0002366 EUR | €0.0002394 EUR | €0.0002354 EUR | €0.0003215 EUR |
10 RAVEN | €0.0004732 EUR | €0.0004787 EUR | €0.0004708 EUR | €0.000643 EUR |
50 RAVEN | €0.002366 EUR | €0.002394 EUR | €0.002354 EUR | €0.003215 EUR |
100 RAVEN | €0.004732 EUR | €0.004787 EUR | €0.004708 EUR | €0.00643 EUR |
500 RAVEN | €0.02366 EUR | €0.02394 EUR | €0.02354 EUR | €0.03215 EUR |
1,000 RAVEN | €0.04732 EUR | €0.04787 EUR | €0.04708 EUR | €0.0643 EUR |
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