Ravencoin profile
Ravencoin Profile (RVN)
Rating: C | Good
Adventurous Small Cap
Project Safety Score

Mon, Jan 24, 2022 8:58 AM

C
Rating Good
Market Cap $682306737.53508
24hr Volume $49481139.123097
Price $0.065147316414906
Review

Ravencoin

coin

1stgen blockchain

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.

Read more in the whitepaper:
https://ravencoin.org/whitepaper/

Ravencoin Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Ravencoin Safety Report

Ravencoin has a safety score of 6.6

Ravencoin is a small cap coin.

Ravencoin is suited to a adventurous investment style.


Ravencoin Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • tradingview profile

Ravencoin Red Flags

There are currently no Ravencoin red flags.


Ravencoin Development Score

The Ravencoin project has 11 active source code repositories.

The most recent commit was Sun, Jan 16, 2022 9:58 PM

  • 295 Watchers
  • 1053 Stars
  • 130 Mentionable Users
  • 0 Vulnerabilities
  • 5 commits in the last 28 days.
Highlights:
  • extremely high stars
  • very high repo stars
  • daily repo updates
  • very low watchers
  • poor mentionable users

Ravencoin Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

Highlights:
  • The overall sentiment is very positive
  • Enough of a collection of articles to be just about confident of the sentiment

Ravencoin Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Ravencoin?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Ravencoin has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

Highlights:
  • extremely high reddit articles
  • extremely high hashtag tweets
  • extremely high gitHub account watchers

Ravencoin Awareness Score

The awareness score indicates how well Ravencoin is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Ravencoin is but a good measure of longevity is how well the project is known by the general public.

Overall Ravencoin this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • below average search result total
  • poor number of news articles mentioning Ravencoin
  • very low number of headlines about Ravencoin
  • poor number of Ravencoin YouTube videos

Ravencoin Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Good project age (released Mar 10, 2018)

Ravencoin Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • average USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Ravencoin Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

RVN
Member Ratings (RVN)

4.17/5

6 reviews
Ratings and reviews left by our members do not impact the profile score.
Sam Velasco
Sat, Oct 16, 2021 1:31 PM
No ICO, no pre-sale, no centralized foundation, fairly mined PoW, BTC fork with 1st layer tokenization and built-in burning. What's there not to like? It's also one of the hardest cryptos to launch a 51% attack against, always in the top 5 in safety.
0 0
kawkaw
Fri, Jun 11, 2021 3:37 PM
If you have a 4gb gpu or less this is your go-to coin.
0 0
Hyu
Fri, Mar 5, 2021 8:53 PM
The whitepaper is low quality and low effort. In the references they link to Forbes of all places. I say it is definitely a scam.
0 7
Anon
Wed, Feb 24, 2021 8:56 PM
The URL given of their dev team is invalid. Who is the real person behind Ravencoin? How can I be sure they won't dump hard on their community? That's my only concern with this coin
0 0
Kawwwoin
Sat, May 12, 2018 1:04 PM
The biggest GPU coin right now with massive backing. Definitely no scam :D The explorer link on this should be updated as threeye is no longer maintained. https://exp.virtopia.ca is a good replacement.
5 1
Crypto Alex
Sat, Mar 17, 2018 4:40 PM
I heard about this Ravencoin around March 1st, 2018. What got me excited was that it is a very fair & honest project... No ICO, no Pre-Mine, no SCAM!!!! I dug into the project some more and I like the team, and I like what they are trying to do... the transfer of assets using Bitcoin (super safe/secure code) to build on top of. I REALLY REALLY like that they made the coin available to be mined by regular/personal computers!!!! Their project is ASIC resistent, which offers normal (not too-techy) people a chance to mine. I have been mining Ravencoin RVN since March 1st and have been able to avg. 25 coins/day using my laptop (GPU mining).
11 1

93.75%

Complete
Profile Status

How complete is this profile:

1 missing data point

This profile is still waiting for the following data points

  • tradingview profile
Member Signals

4.17/5

(6 reviews)
Member Ratings
Market Cap Rank:
96
Voted:
moon
Bulls v Bears:
neutral
Is Trending?
Member signals do not affect the profile score.
Ravencoin Reddit
Ravencoin Github
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