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Venezuela, Guatire
1 Level
364 Review
1267.25 Karma

Review on Ravencoin by Gabriel Medina

Revainrating 4 out of 5

Ravencoin the perfection of an application

Ravencoin (RVN) is a cryptocurrency network launched in 2018 that aims to allow the transaction of assets from one party to another through a specific application blockchain. Therefore, it is limited to a specific application case and wants to be different from other block chains. Ravencoin is not intended to be a comprehensive solution but rather wants to limit itself to one application and perfect it.
In short, Ravecoin wants to provide us with a fully optimized network where we can transfer all real and digital goods. It is a project with a lot of potential that does not seek to compete to be the best smart contract platform, but rather focuses on its objective, tokenization and the transfer of assets. Unfortunately, it has not been very successful and is in a market segment with strong competition. However, it has the support of an active community and the CEO of Overstock.



Pros
  • It is supported by an active community and the CEO of Overstock.
  • Provides an optimized network to transfer all real and digital assets.
  • Ravencoin wants to limit itself to a single app and perfect it.
  • It has a portfolio for both desktop and mobile devices android and iOS.
  • Your RVN token is mineable.
Cons
  • It has not been very successful and is in a market segment with strong competition.
  • The price of the RVN token is relatively low.