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Raven Protocol($RAVEN)
$0.00084529
Low $0.00083631
High $0.0010619
What is Raven Protocol?
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 faste...
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.
Issuance Blockchain
BNB Chain
Tags
Funds
Influencers
CoinScouts Grade
Market Statistics
Volume
$19,810.00
Market Cap
$3,751,899.00
Fully Diluted
$8,452,900.00
Market cap Value
0.53 %
Circulating Supply
4,436,646,537
Max Supply
∞
Total Supply
10,000,000,000
% of Total Supply
44.37%Self Reporting
Self-Reporting Dashboard (SRD)
Statistics
Raven Protocol Statistics
Name
Raven ProtocolTicker
RAVENPrice
$0.0008452924 Hour Trading Volume
$19,810.0024 Hour Volume Change
16.93%Market cap
$3,751,899.0024 Hour Market Cap Change
-4.43%Fully Diluted Market Cap
$8,452,900.00Price change 24 hour
-23.80%Price change 7 days
-4.43%Price change 14 days
33.81%Price change 30 days
183.46%All Time Low/High
$0.00006247 | $0.00454777Percentage Change Since All Time High
-80.62%Percentage Change Since All Time Low
1,311.01%Market cap rank
#1317Volume / Market Cap
0.00528Issuance Blockchain
BNB ChainCirculating Supply
4,436,646,537 (44.37%)Max Supply
∞Total Supply
10,000,000,00024h Volatility
$0.00Twitter Followers
14,081Telegram Users
3,095Reddit Subscribers
0Github subs
0Github issues
0Raven Protocol Markets
Upcoming Raven Protocol Events
No upcoming events for Raven Protocol known.
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Raven Protocol News
No news for Raven Protocol known.