Review on Ravencoin by Inioluwa Okedeji
Ravencoin: A Platform To Transact Both Real World And Digital Assets.
Ravencoin (RVN) is a digital currency that was launched in 2018. It is supported by a blockchain project that allows peer-to-peer transactions.
Not only does ravencoin allows the transfer of asset, it also provides users the privilege to create and trade any commodity, both digital and real world commodities.
Ravencoin project is backed up by some popular companies which have invested a lot, so as to ascertain the success of this project.
RVN currently ranks 100th on coinmarketcap.
It has a circulating supply of 7,143,600,000 RVN
It's maximum supply is 21,000,000,000 RVN.
Ravencoin project also thrives on crowd funding. It is a crowd funded project I.e people from around the world come together and drop their quota to fund the project.
In my opinion, I see this project making waves in the crypto space because it is backed up by prominent companies and because it is also a crowd funded project.
In addition, this project is a project of and for the people (a community project) which also aims to develop innovative technologies for the use of the community.
Pros
- Ravencoin allows peer-to-peer transactions.
- It is an open source decentralized project.
- Opportunity to trade both real world and digital commodities
- RVN is mineable
Cons
- Ravencoin project has low popularity.
- Installation of RVN wallets is limited.
