- 1 Exchange FAQ
- 1.1 Contact Information
- 1.2 Coin Information
- 1.2.1 Basics
- 1.2.2 Description of Token
- 1.2.3 How can coin/token holders use it on the platform
- 1.2.4 If there is no current utility, what date will the token have utility on the platform open to the public on mainnet?
- 1.2.5 Identity Disclosure: Do you disclose your identity publicly
- 1.2.6 Can we have your source code reviewed by a trusted member of the community
- 1.2.7 Was there a crowdfunding campaign or a pre-mine?
- 1.2.8 Is there a company or corporation behind RavenCoin
- 1.2.9 Place of formation
- 1.2.10 Parent Entities / Untimate Beneficial Owners
- 1.2.11 Expectations of growth
- 1.2.12 How will the remainder of the platform be funded?
- 1.2.13 What still will be built that will provide value to the platform?
- 1.2.14 How are tokens acquired?
- 1.2.15 What percentage of tokens are reserved?
- 1.2.16 Can tokens be earned?
- 1.2.17 Tokens will be issued under the following circumstances
- 1.2.18 Pre-sale price
- 1.2.19 Are token holders required to make payments
- 1.2.20 Do tokens give holders ownership or contractual interest / rights in companies / businesses / enterprises / properties?
- 1.3 Other Exchanges
To contact the community please use Discord.
Greg Doermann is the current community appointed exchange liaison.
Discord Handle: haxmat#0554
Discord Channel: #exchange-liaison
Concerns / Issues
If you have concerns or issues on your exchange and would like help from the community we have the following discord channels setup:
- Security: #security
- Compliance: #compliance
- Technical: #development
- Marketing: #marketing
- General Questions: #helpdesk
If you would like to have your dedicated discord channel we can accommodate you under the EXCHANGE-SUPPORT group. Please contact the exchange liaison to coordinate.
Description of Token
Ravencoin is an open source project 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.
How can coin/token holders use it on the platform
The current block chain is live, public, open source and open to the public.
If there is no current utility, what date will the token have utility on the platform open to the public on mainnet?
The block chain is live using the POW X16r algorithm (fully functioning) which will make ASICs very hard to build. The dev team is working on a assent transfer layer and other integrations (like with RSK). A full roadmap and future features can be found here: https://github.com/RavenProject/Ravencoin/blob/master/roadmap/README.md
Identity Disclosure: Do you disclose your identity publicly
Ravencoin was launched very much like Bitcoin with no central "leader" just a community behind it. There are many community leaders which include coin holders, miners, developers, etc. We do have an exchange liaison. You may contact the liaison with any questions or if you are interested in listing RavenCoin on your exchange.
Can we have your source code reviewed by a trusted member of the community
Yes our code on github is open source and can be reviewed by anyone.
Was there a crowdfunding campaign or a pre-mine?
There was no pre-mine or funding campaign. This is a public project and has been from the start.
Is there a company or corporation behind RavenCoin
NO! There is no company that is behind the coin. We do have partners and interested parties.
Place of formation
This doesn't really apply as there is no real formation besides the online community.
Parent Entities / Untimate Beneficial Owners
None, there was no pre-mine or token sale. Only old fashioned POW!
Expectations of growth
RavenCoin has exceeded all of our expectations as a community. We did not expect to be in the top 250 coins on coin market cap within 3 months of release. We are not sure what it would be in the short term but expect a rapid growth as the community continues to grow and strengthen.
How will the remainder of the platform be funded?
No funding. Only an open source community effort.
What still will be built that will provide value to the platform?
- Building an asset-transfer layer
- Integration of RSK
- Rewards (allow payment in RVN to asset holders)
- Unique Assets
Please see our roadmap: https://github.com/RavenProject/Ravencoin/tree/master/roadmap
How are tokens acquired?
Only through proof of work mining.
What percentage of tokens are reserved?
NO tokens are reserved for any purpose.
Can tokens be earned?
We do have a donation fun for projects important to the community. These tokens are for well defined projects and are given to a single RVN address upon completion. These are not from a reserved pool but from donations from the community for projects deemed important by the community.
Tokens will be issued under the following circumstances
There will be no token issuance.
There is no pre-sale price as there was no pre-sale.
Are token holders required to make payments
No. Just like BTC coin holders keep their tokens and they are earned by mining through POW.
Do tokens give holders ownership or contractual interest / rights in companies / businesses / enterprises / properties?
None. This is an open community with no backing or interest in external companies / businesses / enterprises / properties.
What is your plan to list on other exchanges
We have several exchanges that have expressed interest in listing us and we are working with them.
What is the disclosure rules within the community?
We do not disclose who we are currently working with or where we are in that process until that becomes public knowledge. Discussions about new exchange listings are held confidential and only discussed by community leaders until the exchange makes the public announcement.
- This is the community viewpoint but no official legal review has been given. **
RavenCoin would pass the Howey test in the same way Bitcoin does.
- There is no company or service behind Ravencoin.
- There is no expectation or guarantee of profits.
RavenCoin will have smart contracts and coins built upon RavenCoin could potentially be securities.