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What is RAVEN PROTOCOL(RAVEN)?

Basic information about RAVEN

Coin name:
Raven Protocol
Coin symbol:
Coin introduction:
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.
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Current Price:
All-time high:
$0.004547
All-time low:
$0.000040

RAVEN Supply Info and Tokenomics

Circulating supply:
4,436M
Total supply:
10,000M
Max supply:
--
Market cap:
$260.874K
Fully diluted valuation:
$588.000K

What is the outlook and future value of RAVEN?

The current market cap of RAVEN is $260.874K, ranked 5313 in the market, showing that the market already recognizes the value of RAVEN. When a bull market arrives, the market cap of RAVEN may continue to grow.

Moreover, if RAVEN can play a greater role in real-world applications—such as if the Monero developers can fully empower RAVEN and establish partnerships with more business partners to expand its user base—then the long-term value of RAVEN will be further enhanced.

What is the price of RAVEN in 2027?
According to the historical price performance prediction model of RAVEN, the price of RAVEN is expected to reach $0.000061 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get RAVEN?

Purchasing RAVEN with cash is not the only way to obtain RAVEN. If you have enough time, you can get RAVEN for free.

Learn how to get Hot rewards for free with RAVEN.

Earn free RAVEN by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get RAVEN airdrops for free.

All crypto airdrops and rewards can be exchanged for RAVEN through LBank spot trading.

Buy RAVEN starting from $1

What is RAVEN used for and how to use it?

The use cases for RAVEN may grow with the development of the crypto market and project progress. Currently, you can use RAVEN to:
Arbitrage trading of RAVEN
RAVEN is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many RAVEN trading pairs to suit your needs.
Earn yield with RAVEN
You can also lend out RAVEN or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your RAVEN gains.
Send or pay with RAVEN
If you want to pay someone with RAVEN, you can easily and quickly send RAVEN to them using their receiving address.

You can also visit the official website of Raven Protocol to learn more use cases of RAVEN, such as whether the Raven Protocol project supports community/eco apps or buying physical or virtual goods with RAVEN.

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