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RavenCoin is an open source project built on bitcoin code. RavenCoin aims to implement a blockchain which is optimized specifically for the use case of transferring assets such as tokens from one holder to another.

RavenCoin aims to implement To promote decentralised mining the developers created a blockchain which is optimized specifically for the use case of transferring assets such as tokens from one holder to another.  It uses it's own new algorithm, x16r. This What makes this algorithm unique is unique in that each block uses a randomly selected mix the order of the 16 hashing algorithms, making is constantly changed based on the hash of the previous block. This randomness makes it reasonably resistant to ASIC development. A more detailed explanation of the algorithm can be found [https://ravencoin.org/wp-content/uploads/2018/01/X16R-Whitepaper-3.pdf here]