What is Ravencoin (RVN)?

Ravencoin is a Bitcoin fork. The primary purpose of this project is to tokenize assets by burning RVN coins and transferring ownership via blockchain transactions. Ravencoin tokens can represent digital or physical, real-world assets such as gold, real estate, royalties, intellectual property rights, in-game assets, virtual goods, shares of stocks and securities, tickets, airline miles, or rewards. Users can also create non-fungible tokens (NFTs), although Ravencoin does not support native smart contracts.
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RVN
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Cryptohunt's Opinion

Our take on Ravencoin

Ravencoin provides some improvements over Bitcoin, but it is still based on the outdated Proof of Work method. The project appears to be falling behind others due to a lack of development, having been outpaced by more progressive initiatives such as Tezos, which can be used to exchange and store tokenized assets. In fact, Ravencoin has lost more than half of its value since the start of 2022, and its market capitalization has fallen behind other crypto projects. The project has not yet demonstrated its fundamental value.
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What makes Ravencoin special?
Ravencoin is a powered by, uses to validate transactions, and is. Ravencoin does not support.

Interesting facts about Ravencoin

Here are some facts you may not already know about Ravencoin. Something surprise you? Go ahead, share it!Any fact missing? Contact us.
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Ravencoin aims on being fair and open, therefore there was no pre-mining, no ICO, and no rewards for developers and founders.

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ASIC-resistant PoW consensus mechanism called KAWPOW makes Ravencoin accessible to individuals without expensive mining hardware.

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In January 2022, at block 2,100,000, the first halving took place, and the reward per block dropped from 5,000 to 2,500 RVN.

Ravencoin reviews from the cryptohunt community

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Ravencoin price and insights

See how much Ravencoin is worth and learn from other insightful metrics
No value
-0% past 1 week
24H30D
Community Reviews
No reviews yet
0% feel totally fine about Ravencoin today
0% think this is a great investment
0% believe in the potential
0% say the development team is great
0% say the community is great
Market insights
Market capitalization
Very small
24 hour trading volume
Very small
Market cap % of total
Very small
Project health
# Discord members
-
# Telegram members
13,220
3% of them are active
% of total supply circulating
Very small

What’s the community like?

Community matters for projects like Ravencoin, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.
# Discord members
-
# Active Discord members
-
# Telegram members
13,220
# Active Telegram members
387

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