Raven Protocol

CurrencyPriceRAVEN

notservices

$0.0001174

-0.83%
RAVENRAVEN
1RAVEN$0.0001174
RAVENRAVEN
1RAVEN$0.0001174

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About

Contract

Explorers

Next.PriceDetails.Website26

ravenprotocol.com

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.

CurrencyCryptoPriceTrends

NoRecord
24HHigh$0.0001194
24HLow$0.0001167
24HVolume$28.75
MarketCap13
$520.86K
AllTimeHighATH$0.004547
CirculatingSupply
4.43B RAVEN
AllTimeLowATL$0.00006247
TotalSupply
10.00B RAVEN
MarketCapFDV
44.37%
MaxSupply
FullyDilutedValuation
$1.17M
MarketSentiment14Neutral

PriceUpdate

TokenPriceContent

Next.PriceDetails.TimePeriod
ChangeAmount
%Change
1H+$0.00000004928+0.042%
24H-$0.0000009825-0.83%
7D+$0.000002594+2.26%
30D-$0.00006101-34.20%
1Y-$0.001176-90.93%

CredibilityIndicators

59.89
ReliabilityScore
PercentileTOP 30%

Investors

NGC VenturesNGC Ventures
Mapleblock CapitalMapleblock Capital
coinIXcoinIX
GBIC (Global Blockchain Innovative Capital)GBIC (Global Blockchain Innovative Capital)
Cluster CapitalCluster Capital
Moonchain CapitalMoonchain Capital
Zeroline CapitalZeroline Capital

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