Ravencoin rvn

-3.16 % $ 0.03538199
$0.03493701 24H Range $0.03653691
Market Data
Price $ 0.03538199
Volume $ 15,770,054.00
Volume / Market Cap 0.038
Circulating Supply 11,729,219,150.80
Total Supply 11,729,211,650.80
Market Cap $ 414,840,349.00
Ravencoin is a blockchain specifically dedicated to the creation and peer-to-peer transfer of assets. Just as Monero is solely focused on privacy, Ravencoin specializes in asset transfer – nothing more, nothing less. Although you can exchange assets over other blockchains, like Bitcoin and Ethereum, that’s not their intended purpose. And the lack of specialization leads to problems that are specific to transferring assets. Ravencoin enables you to create and trade any real-world (e.g., gold bars, land deeds) or digital (e.g., gaming items, software licenses) assets on a network with only that in mind. Ravencoin doesn’t have an established team. It’s an open-source project led by the core developers: RavoncoinDev, Tron, and Chatturga (discord usernames). Bruce Fenton, Board Member of The Bitcoin Foundation, advises the team. The core developers launched Ravencoin on January 3rd, 2018 and Fenton kicked off the launch with a Tweet announcing the start of mining. The project gained some notoriety when Overstock CEO Patrick Byrne announced that his company had made a multi-million dollar investment into the team. Since then, the team has been building out the core functionality of asset support and rewards capabilities. The release of the Ravencoin mainnet and increase in activity on the platform should help the price. Any news of notable companies or financial institutions utilizing the platform should also have a positive effect. Ravencoin offers just one thing: tokenized asset transfer. And that singular focus isn’t a bad thing. When projects attempt to solve a bunch of problems at once, they often create a bunch of half-baked solutions. Ravencoin is avoiding that. As a young project with seemingly endless competition, it’s difficult to predict how successful Ravencoin will be. An active community and backing from one of the most respected names in online retail are positive indicators, though. There’s a clear trend toward the tokenization of all types of assets. However, we have yet to see whether or not Ravencoin will be leading that change.
Ravencoin (rvn) Price Chart
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News about Ravencoin
Why CHZ, RVN, LDO, XLM And ATOM Are Dropping Like Flies
beincrypto.com • 2 days ago
PoW Tokens Take A Hit: Ravencoin and Ethereum Classic Crash Over 20%
newsbtc.com • 9 days ago
RVN, ETC, TON, EOS and CRV Are Tanking: Here’s Why
beincrypto.com • 9 days ago
Terra, Celsius, Ravencoin, Kyber Network and Compound – Biggest Weekly Gainers
beincrypto.com • 16 days ago
Ergo (ERG) and Ravencoin (RVN) Hashrates Soar as Ethereum Miners Jump Ship
beincrypto.com • 16 days ago
Ravencoin hash rate explodes by 500% as ‘crypto farmers’ flock to mine RVN instead ETH
finbold.com • 17 days ago
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