Ravencoin — Update 31/03/2019
Bottom Line Up Front — BLUF (details below):
- Ravencoin won “Most Exciting New Coin” of 2019.
- Ravencoin Meetup on March 15th was a huge success.
- Messaging (phase 5) activating on Testnet.
- OIP support added to Ravencoin for Medici Land Governance.
- Tags and Restricted assets in development.
- Core Rewards/Dividend feature being development by community developer.
- Fred Shabesta from Crypto Finder interviewed Tron in Australia.
- Web Wallet / Asset Builder / Asset Explorer by Mango Farm Assets.
- Price hit 1665 sats ($0.067) — Up 550% in one month — Now at 1443 sats ($0.059) — up 480%
Ravencoin won “Most Exciting New Coin” of 2019 from ADVFN, which is a financial site, not a crypto site, and gives awards to banks, broker services, investment research sites, etc. I’ve seen claims that they have 36 million users and over a billion hits to their site, but can’t independently verify this. The award information was embargoed until March 20, 2019, but special permission was obtained to inform attendees of the Second Annual Ravencoin Meetup in SLC. Everybody I know was already aware that Ravencoin is the “Most Exciting New Coin” because if they didn’t know, I told them. Still, it’s nice to have a panel-judged third-party verification to a wider FinTech audience.
The Ravencoin Meetup held in SLC on March 15th was a huge success. It was held in the Peace Coliseum and attracted attendees from as far away as the United Kingdom. Many of attendees flew in from the East Coast of the US. Thanks to Daben for being the MC. Thank you to MTarget for recording and posting YouTube videos of the meetup.
Available in 3 parts:
https://www.youtube.com/watch?v=ZNeZ9FSwg6Q
https://www.youtube.com/watch?v=j3HOgB7CHK0
https://www.youtube.com/watch?v=Dnpr-ximpws
Messaging, which is Phase 5 on the roadmap, is being deployed to testnet. This is an important phase of Ravencoin development because it allows for meta-data with every transaction. This allows anyone to track additional information in IPFS or OIP for every transaction made on-chain. Because of the way Ravencoin embeds the IPFS hash on-chain, it makes the meta-data immutable. It is this immutability of the meta-data that makes tracking of assets with meta-data so valuable. It will also let asset issuers communicate with asset owners once the user interface phase is complete.
https://github.com/RavenProject/Ravencoin/tree/blondfrogs_messaging
Open Index Protocol TxID added to Ravencoin messaging. At the request of members of the Medici Land Governance team, Ravencoin made it possible to include OIP TxIds with asset issuance, and with every asset transfer. This opens up possibilities for Ravencoin assets to be used for land asset tracking. This will be activated at the same time as messaging on testnet or on mainnet.
https://www.reddit.com/r/Ravencoin/comments/a87c3s/open_index_protocol_to_integrate_rvn_soon/
Tags and Restricted Assets is in development. These two new tag types combined allows for assets that are restricted to tagged addresses. This can be used for Subscriptions, VIP member lists, third-party validation of a user, KYC/AML or Accredited tagging, and on-chain Security Token compliance.
https://medium.com/@tronblack/ravencoin-tags-and-restricted-assets-84fe3070a226
Rewards/Dividends is being developed by a Ravencoin community member (WhaleStreet). We welcome all code contributors provided that the contributions move the project forward in a good direction and the code is vetted for safety to the entire system.
https://github.com/RavenProject/Ravencoin/tree/master/roadmap/rewards
After traveling for nearly 24 hours to Australia for a personal vacation, Tron visited the Crypto Finder studio and was interviewed by Fred Shabesta about Ravencoin and the Tech Stack for Civilization.
https://www.youtube.com/watch?v=f_EgiSTH738&t=15s
Mango Farm Assets saw the vision of Ravencoin very early and has built a web wallet, asset builder, and asset explorer on top of Ravencoin. The web wallet fills a gap that was missing. Once the Android mobile wallet supports assets, there will be a full six platform solution (Windows, Mac, Linux, iOS, Android, and Web) for creating and transferring Ravencoin assets.
https://www.mangofarmassets.com/
The price of RVN hit 1665 sats (in Bitcoin), or $0.0675 in dollars. That is up 550% from the update a month ago. Now at 1443 sats ($0.059) Ravencoin hit coin #32 as ranked by CMC — up from coin 100. The reason for this extraordinary increase is likely due to Tags and Restricted Assets and also the exposure from the ADVFN award. Because Ravencoin is primarily driven by superior technology, not hype, and does not have a marketing department, the panel-judged recognition by a third-party expanded awareness of this project to new users. Even if you don’t care about the price, the Ravencoin miners do care, and this leads to more mining and more security.