Ravencoin is another Bitcoin fork, although created in order to allow the tokenization of any value, also cutting the block creation time by 10 times in oppose to BTC.
Ravencoin is also described on the official website of RVN as a digital blockchain-based equivalent of ravens of the fictional world of Westeros from the Dance of Ice and Fire Saga also known by the popular series, Game of Thrones.
Just as the ravens from Westeros are delivering the truth, Ravencoin is set to deliver the truth about the ownership of every token on the network.
RVN got its mainnet as well, releasing it on Halloween, October 31st, 2018, now carrying more value with its digital independence.
Additionally, Ravencoin is said to not have any centralized board of advisors as it is the case with the majority of ICOs and blockchain projects, which means that its development continues on the voluntary basis.
Ravencoin (RVN) Seen in a Bullish Return: Over 30% of Gains in a Single Day
Ravencoin was created from the main chain of Bitcoin which makes it a forked product, although unlike other BTC forks, RVN doesn’t claim to be better than Bitcoin nor is competing against the top crypto.
RVN is a rather unique ICO, currently ranked as the 79th largest crypto in the list of all trading cryptocurrencies, allowing the tokenization of all valuable assets, which includes stocks, gold, gift cards, money, etc.
Block creation time for RVN is also 1 minute which makes it 10 times faster than BTC, thus making it a cheaper and faster option for making transactions, too.
With the uprising market, Ravencoin is showing an extraordinary return against the fiat as RVN is going up by over 30% in less than 24 hours.
In the meanwhile, Bitcoin is up by 10% in the last 24 hours while the market is following up with the present rebound.