Ravencoin current price is $0.03060.

Besides Ravencoin (RVN) is the renowned cryptocurrency (measured by market capitalisation). This cryptocurrency has become more and more popular over years. Given the plans for the future, many insiders have high expectations of the Ravencoin (RVN) price. Of course you can trade and/or invest in Ravencoin (RVN) as well. On this page you'll find basic statistics and characteristics of Ravencoin (RVN). Furthermore you'll find info regarding the Ravencoin (RVN) price, basic technical analysis and a brief explanation of the story of Ravencoin (RVN)

Current Ravencoin (RVN) price

Please see below the Ravencoin price chart as provided by our home broker.

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Onchain Metrics Ravencoin (RVN)

If you want to perform a technical analysis of Ravencoin and decide whether it is the right time to trade or invest, please check the on-chain metrics as provided by our partners of Into the Block.

These On-chain metrics are updated once a day (rondabout 11 pm est, which is 5 am Dutch time). If you want to check the latest update, please dive deeper into the On-chain metrics of our metrics partner IntotheBlock.io.

Furthermore, we provide you with the price chart and historical data for Ravencoin (RVN) at the bottom of this page. Before we get there, we provide you with the upcoming agenda as well as some backgrounds and info on Ravencoin.

The Ravencoin agenda

In order to provide you with an accurate overview of coming Ravencoin agenda items and events, you'll find our Ravencoin agenda below.

If you are interested in the agenda items for other cryptocurrencies and/or the most important economic items on the macro-economic agenda, please visit our calendar page.

What is Ravencoin?

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.

Who created Ravencoin?

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.

What is the purpose of Ravencoin (RVN)?

Ravencoin uses liquidity pools rather than serving as market maker, also in contrast to centralized exchanges, with an aim to create more efficient markets.[8][9][1] Users provide liquidity to the exchange by adding a pair of tokens to a smart contract which can be bought and sold by other users. In return, liquidity providers are given a percentage of the trading fees earned for that trading pair. For each trade a certain amount of tokens are removed from the pool for an amount of the other token, thereby changing the price. No fees are required to list tokens which allows a large amount of Ethereum tokens to be accessible and no registration is required for users.

Ravencoin (RVN) nowadays

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.

The future of Ravencoin (RVN)

No additional future algorithm forks are envisaged. Note that this may allow future ASIC development to proceed, albeit as there is a limited potential for ASIC efficiency gains compared to consumer grade hardware, we are resistant to this form of centralisation.