Convert Raven Protocol RAVEN to United States Dollar USD
RAVEN to USD: 1 Raven Protocol converts to $0.00005378 USD as of July 25 at 5:39 PM
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About Raven Protocol
Raven Protocol is falling this week. The current price of Raven Protocol is $0.00005378 per RAVEN. With a circulating supply of 4,436,646,536.733 RAVEN, it means that Raven Protocol has a total market cap of $238,120.12. The amount of Raven Protocol traded has fallen by -$1.88 in the last 24 hours, which is a 84.55% decrease. Additionally, in the last day, $2.22 worth of RAVEN has been traded.
The exchange rate of Raven Protocol is decreasing. The current value of 1 RAVEN is $0.00005378 USD. In other words, to buy 5 Raven Protocol, it would cost you $0.0002689 USD. Inversely, $1.00 USD would allow you to trade for 18,594.11 RAVEN while $50.00 USD would convert to 929,705.60 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 USD was $0.00005443 USD and the lowest 24 hour value was 1 RAVEN for $0.00005366 USD. Last month, 1 RAVEN was worth $0.00005357 USD. Today, it's up 0.4%. Looking back a year, Raven Protocol has changed by $0.00007551 USD. 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 USD values from Today at 5:39 pm
0.5 RAVEN = $0.00002689 USD |
1 RAVEN = $0.00005378 USD |
5 RAVEN = $0.0002689 USD |
10 RAVEN = $0.0005378 USD |
50 RAVEN = $0.002689 USD |
100 RAVEN = $0.005378 USD |
500 RAVEN = $0.02689 USD |
1,000 RAVEN = $0.05378 USD |
USD to RAVEN values from Today at
$0.50 USD = 9,297.06 RAVEN |
$1.00 USD = 18,594.11 RAVEN |
$5.00 USD = 92,970.56 RAVEN |
$10.00 USD = 185,941.12 RAVEN |
$50.00 USD = 929,705.60 RAVEN |
$100.00 USD = 1,859,411.21 RAVEN |
$500.00 USD = 9,297,056.04 RAVEN |
$1,000.00 USD = 18,594,112.08 RAVEN |
RAVEN to USD over time
RAVEN | Today | 24H -1.21% | 1M 0.40% | 1Y -40.40% |
|---|---|---|---|---|
0.5 RAVEN | $0.00002689 USD | $0.00002722 USD | $0.00002678 USD | $0.00003775 USD |
1 RAVEN | $0.00005378 USD | $0.00005443 USD | $0.00005357 USD | $0.00007551 USD |
5 RAVEN | $0.0002689 USD | $0.0002722 USD | $0.0002678 USD | $0.0003775 USD |
10 RAVEN | $0.0005378 USD | $0.0005443 USD | $0.0005357 USD | $0.0007551 USD |
50 RAVEN | $0.002689 USD | $0.002722 USD | $0.002678 USD | $0.003775 USD |
100 RAVEN | $0.005378 USD | $0.005443 USD | $0.005357 USD | $0.007551 USD |
500 RAVEN | $0.02689 USD | $0.02722 USD | $0.02678 USD | $0.03775 USD |
1,000 RAVEN | $0.05378 USD | $0.05443 USD | $0.05357 USD | $0.07551 USD |
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