Equity Overview
Price & Market Data
Price: $0.0185
Daily Change: +$0.0₃295 / 1.60%
Range: $0.0181 - $0.0207
Market Cap: $282,045,106
Volume: 27,469,450
Details
Ravencoin is a blockchain project that enables simple issuance and management of tradable assets on a blockchain. It was launched in 2018 without an ICO, pre-mine, or masternodes, and is notable for its use of the X16R and KAWPOW algorithms to prevent ASIC domination of the network. The project was announced by Bruce Fenton on Twitter and has a growing community with a development roadmap of seven phases. Ravencoin is designed to be energy-efficient and aims to provide a decentralized alternative to traditional financial instruments.