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RVN is an open source project founded by Bruce FentonRavencoin was first announced in October of 2017 at MIT. In the months leading to the official launch on January 3rd 2018, board member Ravencoin gained support at several conferences and colleges. Self-described as "...a use case specific blockchain designed to carry statements of truth about who owns what asset" Ravencoin's naming pays homage to the Bitcoin Foundation and founder ravens of the Satoshi Roundtablefictional world of Westeros. With no ownerIn the two months after its launch, no companyRavencoin has seen an exponential groundswell of community support, no ICO, no pre-mine, no developer set-aside, RVN including the support of the larger mining community. Ravencoin is a community owned project in the same vein as Bitcoin, but with first coin to leverage the ASIC resistant x16r algorithm and is a slightly different goalcompletely Proof of Work(PoW) coin. With a built-in asset layer No ICO was undertaken, and neither was a fully assetpre-aware client, RVN is designed for mine utilized. Ravencoin has attracted many individuals to the tokenization community and transfer of assets in a way that neither BTC nor ETH were ever intended project due to be. Boasting features like built-in messaging for token issuers its fair and grassroots hallmarks of the option to automatically distribute dividends, RVN is also perfectly suited for security tokensoriginal Bitcoin launch. Integration of RSK even allows RVN to make use of smart contracts and power Dapps, like ETHRavencoin differs however from Bitcoin with an increased block reward size, but with the benefits of a more secure and immutable chain. Ravencoin is mined via a new custom algorithm known as X16rfaster block time, features which is ASIC resistant by design, thwarting developers have alluded to setting the critical flaw of both ETH groundwork for Ethereum style asset transfers and BTC by keeping mining democratic and decentralizedtokens. Overstock.com has been investing time and developers to contribute to the project, and even mining the token.