Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Ravencoin [RVN] PoW GPU Mining | Asset Transfer Blockchain (Updated ANN)
by
OpenArtis
on 21/12/2018, 19:53:19 UTC
what's the innovation of RVN coin?

from my understanding, you can do this in omni wallet or also counterparty wallet ?

At 7.2 million new coins mined each day I suspect it will always be cheap.

At 2 cents per coin that's $144k mined per day

So you've got asset tokens and they're pretty much guaranteed to be cheap to use (due to block time, reward and massive amount in circulation), pretty much forever or until there's been several halvenings.
Not necesarilly: every time you create an asset rvn are burned. The project has a very wide range of items that can be targetted for tokenization, so I dont see so clear that it is allways to be that cheap.

We could also do the math considering how other coins with big supply did on the market for example

XRP ATH = $3.35
XRP supply (now): 40 000 000 000
XRP max supply: 100 000 000 000

RVN supply (now): 2 500 000 000
RVN max supply: 21 000 000 000

its only example but XRP has hit $3.35/1coin having 16 times more coins on the market and 4,7 times bigger max supply and the way more XRP can be created is way cheaper and faster than RVN could ever be mined because of POW on RVN and 1-click creation on the other hand with XRP

but thats only example on how someone could look on the market price of coin