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is important process to get Ravencoin recognised by a larger public.
In the following a couple of steps which You typically find in an application
* What is a security and why is Ravencoin not a security?
* What is Ravencoin
* Who is the CEO
* ...
== Is Ravencoin a security ==
An important question is if Ravencoin is a security or not. For this there is a test which can be found
here: https://www.coinist.io/the-howey-test-the-sec-and-ico/
Ravencoin is passing the test and is NOT a security. The test provides some good insights, which might help answering some
questions asked in the exchange application.
== What is Ravencoin ==
RVN is an open source project founded by Bruce Fenton, board member of the Bitcoin Foundation and founder of the Satoshi Roundtable. With no owner, no company, no ICO, no pre-mine, no developer set-aside, RVN is a community owned project in the same vein as Bitcoin, but with a slightly different goal. With a built-in asset layer and a fully asset-aware client, RVN is designed for the tokenization and transfer of assets in a way that neither BTC nor ETH were ever intended to be. Boasting features like built-in messaging for token issuers and the option to automatically distribute dividends, RVN is also perfectly suited for security tokens. Integration of RSK even allows RVN to make use of smart contracts and power Dapps, like ETH, but with the benefits of a more secure and immutable chain. Ravencoin is mined via a new custom algorithm known as X16r, which is ASIC resistant by design, thwarting the critical flaw of both ETH and BTC by keeping mining democratic and decentralized. Overstock.com has been investing time and developers to contribute to the project, and even mining the token.
== Who is the CEO ==
As RVN is an open source project there is no CEO. Individual persons are presenting and can bring applications forward though.
