Ravencoin
Ravencoin is an open-source, community-driven blockchain forked from Bitcoin and purpose-built for issuing and transferring digital assets — including security tokens, NFTs, virtual goods, and tokenized real-world assets — using GPU-mined RVN distributed via 35+ global exchanges.
- Company typePrivate
- Founded2018
- HeadquartersSalt Lake City, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Ravencoin does
Ravencoin is a decentralized, open-source blockchain protocol forked from the Bitcoin codebase and launched on January 3, 2018. It is purpose-built for the creation and transfer of digital assets — including security tokens, virtual goods, physical/digital asset representations, credit/rewards tokens, and unique (NFT) assets — using native on-chain primitives such as asset and sub-asset issuance, unique assets, and built-in dividend/rewards distribution. The protocol distinguishes itself from Bitcoin via a 2,500 RVN block reward (post first halving), a 1-minute block time, a 21 billion RVN total supply, and the KAWPOW mining algorithm, which is designed to be ASIC-resistant and accessible to consumer-grade GPU miners.
The product surface spans the Ravencoin Core Wallet (full-node desktop client for Windows/Mac/Linux), the RavenWallet mobile app (iOS/Android, sponsored by MoonTree), Electrum-Ravencoin (lightweight wallet with hardware wallet and IPFS support), and Ledger Nano S/X integration. An ecosystem of community-developed projects extends functionality into NFTs (RVNFT, SYNTH), atomic swaps, censorship-resistant messaging (Squawker Protocol), and developer tooling (CHISEL, RavencoinHelper OS), with infrastructure access available through providers such as NOWNodes. RVN is distributed via 35+ global exchanges and 20+ mining pools.
Ravencoin operates as a non-profit, community-driven project with no formal corporate entity, no ICO, no pre-mine, and no founder or developer rewards. No revenue is disclosed and there are no identified enterprise customers; the model relies entirely on community contributions and volunteer development. Key personnel are the whitepaper authors Bruce Fenton, Tron Black (also identified as Founder and President), and Joel Weight, with the Ravencoin Foundation supporting the project.
Ravencoin firmographics
Firmographics- Name
- Ravencoin
- Legal name
- Ravencoin
- Website
- https://ravencoin.org
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Ravencoin is an open-source, community-driven blockchain forked from Bitcoin and purpose-built for issuing and transferring digital assets — including security tokens, NFTs, virtual goods, and tokenized real-world assets — using GPU-mined RVN distributed via 35+ global exchanges.
- Ownership category
- akta.pro rank
Ravencoin industry classification
Industry- Product category
- Blockchain Protocol / Cryptocurrency
- NAICS
- Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury) (FSAGAMAD)
- akta.pro secondary industries
- Tokenization, Network Vaults & Credential Management (FSAGABAF), Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls) (FSAPAIAE)
Keywords
Where Ravencoin is headquartered
LocationHeadquarters
- HQ city
- Salt Lake City
- HQ country
- United States
- HQ region
- North America
Markets served
Ravencoin business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Infrastructure, Personnel, Marketing or Sales, Others
Revenue model
- Block Rewards: Miners receive block rewards for securing the network. The current block reward is 2,500 RVN per block (after the first halving at block 2,100,000 on January 11, 2022), down from the original 5,000 RVN. Rewards halve every 2,100,000 blocks.
Go-to-market motion2 records
Distribution channels6 records
Marketing channels8 records
Ravencoin product offering
Product offeringCore offering
Ravencoin is a peer-to-peer blockchain protocol forked from the Bitcoin codebase, optimized for the creation and transfer of digital assets (tokens). It enables users to issue security tokens, unique (NFT) assets, sub-assets, and tokenized representations of physical or virtual goods with native on-chain reward and dividend distribution. The protocol uses the ASIC-resistant KAWPOW mining algorithm, 1-minute block times, and a 21 billion coin supply to support a decentralized, GPU-minable asset-transfer network.
Product overview
Ravencoin is a peer-to-peer blockchain protocol designed for the efficient creation and transfer of assets. The core product portfolio consists of the Ravencoin Core Wallet (full-node desktop application for Windows, Mac, and Linux), RavenWallet mobile app (iOS and Android), and Electrum-Ravencoin (lightweight wallet with hardware support). The platform provides an on-chain Asset Issuance system enabling security tokens, virtual goods, physical/digital asset representations, and credit tokens. The broader ecosystem includes community-developed projects such as RVNFT (NFT marketplace), Atomic Swaps (decentralized trading), CHISEL (browser-based transaction toolkit), RavencoinHelper OS (desktop framework), Squawker Protocol (censorship-resistant messaging), and SYNTH (NFT guild platform). Integration support extends to Ledger hardware wallets, numerous third-party software wallets, mining pools, and blockchain infrastructure providers like NOWNodes.
Differentiator
Problem solved
Functional benefit
Brands
- RVNFT: A full service NFT Tokenization platform on the Ravencoin Blockchain Network for creating Artwork, Game Rewards, Songs, Movies, Certificates of Authenticity and more.
- SYNTH
- Jackdaw Cryptocurrency
Products and services
- Ravencoin Core Wallet (Desktop) Full-node desktop wallet for Ravencoin supporting RVN transactions, asset issuance, transfer, unique assets, and rewards distribution. Available for Windows, Mac, and Linux operating systems.
- RavenWallet (Mobile) Mobile wallet for iOS and Android that enables sending and receiving RVN, creating and managing assets, and trading assets through atomic swaps. Sponsored by MoonTree with ongoing development for asset creation, management, and distributed exchange functionality.
- Electrum-Ravencoin Wallet Lightweight wallet for users who cannot or do not want to run a full Ravencoin Core wallet. Features hardware wallet support (Ledger), IPFS integration, atomic swaps, and a shared node system that connects Electrum clients to Ravencoin nodes.
- Ravencoin Asset Issuance Platform On-chain platform for creating and managing digital assets including security tokens, virtual goods, physical and digital asset representations, and credit tokens. Enables token creation with custom properties such as limited quantity, naming, and divisibility.
- RVNFT Full-service NFT tokenization platform on the Ravencoin blockchain enabling creation of artwork, game rewards, songs, movies, certificates of authenticity, and other NFTs with marketplace and gallery services.
- Atomic Swaps On-chain trading mechanism enabling trades between Ravencoin and Ravencoin assets, or between two different Ravencoin assets. Supports buy, sell, and trade orders with partial order signing for sharing and 2-step order execution.
- CHISEL Browser-based Ravencoin toolkit for building, signing, and broadcasting transactions with client-side keys. Integrates with Ravencoin Core via standard RPC, enabling Web3-style applications while encouraging users to run their own nodes.
- RavencoinHelper OS Operating system framework consolidating Ravencoin services and tools. Includes IPFS integration for enhanced node functioning, wiki documentation, web download packages for multiple platforms, NFT download/verification viewer, and a token system for user rewards.
- Squawker Protocol Uncensorable messaging protocol using asset transfers to denote meaning of IPFS file hashes. Messages are accepted onto the blockchain through decentralized proof-of-work mining, with content accessible via any IPFS gateway.
- SYNTH Digital guild based on RVN Token for augmenting Ravencoin NFT and cyber collectible community. Offers various NFT/token types, a user-friendly frontend for RVN marketplaces and swaps, and a private high-speed IPFS network for hosting NFTs.
- Jackdaw Cryptocurrency Digital scarcity experiment issued on the Ravencoin blockchain. Limited to 50 coins distributed to over 20,000 Ravencoin addresses. Represents a decentralized store of value with no governance structure or centralized authority.
Companies that use Ravencoin
Customer profileSegments5 records
Ideal customer profiles5 records
Ravencoin technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration54 records
Feature5 records
Ravencoin partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core.
- BinancecoreMajor global cryptocurrency exchange listing RVN for trading against BTC, USDT, and other pairs. Binance is one of the largest crypto exchanges by volume, providing significant liquidity for RVN.
- BittrexcoreCryptocurrency exchange listing RVN for trading. Bittrex has been a long-standing supporter of Ravencoin listings.
- OKExcoreMajor cryptocurrency exchange listing RVN for spot trading with RVN/USDT and RVN/BTC pairs.
- HuobicoreLeading cryptocurrency exchange listing RVN for trading on its spot markets.
- UpbitcoreMajor South Korean cryptocurrency exchange listing RVN for trading against BTC.
- LedgercoreHardware wallet manufacturer providing native Ravencoin app for Ledger Nano S and Nano X devices, enabling secure storage of RVN tokens.
- Electrum-RavencoincoreCommunity-developed lightweight wallet providing full-featured RVN wallet functionality with hardware wallet support (Ledger, Trezor), IPFS integration, and atomic swap capabilities.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Ravencoin competitors and assessment
Company assessmentDirect peers
- Dogecoin: Open-source, community-driven cryptocurrency forked from Litecoin/Bitcoin code with no ICO and broad retail distribution. Shares Ravencoin's grassroots mining culture, meme/community ethos, and tier-1 exchange listings.
- Bitcoin Cash: Bitcoin code fork focused on faster, lower-cost peer-to-peer transactions and broader on-chain usability. Shares Ravencoin's fork-from-Bitcoin DNA and community-driven ethos but targets payments rather than tokenized assets.
- Ergo: GPU-mineable, ASIC-resistant Proof-of-Work blockchain with a strong focus on asset issuance, smart contracts, and decentralized finance. Like Ravencoin, it targets community miners and aims to enable complex asset functionality directly at the protocol layer.
- Litecoin: One of the earliest Bitcoin forks, focused on faster, cheaper peer-to-peer payments. Shares Ravencoin's heritage as a Bitcoin-code fork and its positioning as a complementary transactional network, though Litecoin focuses on payments rather than asset issuance.
Emerging players
- Tezos: Proof-of-Stake blockchain with formal verification and a focus on security tokens and digital asset issuance (notably used by platforms like tZERO-adjacent projects). Comparable to Ravencoin in its targeting of regulated asset issuance use cases.
Broad incumbents
- Zcash: Bitcoin-code fork focused on privacy through zero-knowledge proofs, with a founder/developer reward structure (contrasting Ravencoin's fair launch). Comparable as a Bitcoin-derivative chain with a distinct technical specialization.
- Polygon: Ethereum scaling layer widely used for tokenized real-world assets, NFTs, and security tokens. Competes with Ravencoin for institutional and enterprise tokenization workloads via EVM compatibility and established enterprise integrations.
- Cardano: Peer-reviewed Proof-of-Stake blockchain with native multi-asset ledger functionality (similar to Ravencoin's native tokenization) and a strong academic community. Competes in the asset-tokenization narrative but with significantly larger institutional ties and staking-based economics.
- Ethereum: The dominant smart-contract platform and the de-facto standard for asset tokenization (ERC-20, ERC-721, ERC-1155). Competes directly with Ravencoin for the same asset-issuance use cases but offers vastly richer programmability and a much larger developer ecosystem.
- Monero: Privacy-focused, ASIC-resistant PoW cryptocurrency with a strong community-driven development model and RandomX mining algorithm. Comparable to Ravencoin in its emphasis on decentralized mining and community governance, though focused on private transactions rather than asset issuance.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Ravencoin social profiles
Digital presenceRavencoin financial estimates
Financial estimateRevenue estimate
Valuation estimate
Ravencoin leadership team
Management profileNumber of profiles
Profiles3 records
Ravencoin funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Ravencoin M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Ravencoin
What does Ravencoin do?
Ravencoin is a peer-to-peer blockchain protocol forked from the Bitcoin codebase, optimized for the creation and transfer of digital assets (tokens). It enables users to issue security tokens, unique (NFT) assets, sub-assets, and tokenized representations of physical or virtual goods with native on-chain reward and dividend distribution. The protocol uses the ASIC-resistant KAWPOW mining algorithm, 1-minute block times, and a 21 billion coin supply to support a decentralized, GPU-minable asset-transfer network.
Is Ravencoin a public or private company?
Ravencoin is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Ravencoin founded?
Ravencoin was founded in 2018. It employs 1 to 10 people.
Where is Ravencoin based?
Ravencoin is headquartered in Salt Lake City, United States, in the North America region.
How does Ravencoin make money?
One revenue line is on record: block Rewards.
Who are Ravencoin's main competitors?
Direct peers on record are Dogecoin, Bitcoin Cash, Ergo and Litecoin. Tezos is listed as an emerging player. Broad incumbents are Zcash, Polygon, Cardano, Ethereum and Monero.
Does Ravencoin have an API?
No public API is recorded for Ravencoin.
What industry is Ravencoin in?
Ravencoin's product category is Blockchain Protocol / Cryptocurrency. Its primary akta.pro industry code is FSAGAMAD, On-Chain Payments & Stablecoin Infrastructure (Issuance, Rails, Treasury), with a secondary code of FSAGABAF, Tokenization, Network Vaults & Credential Management. Its NAICS code is 52232 and its SIC code is 6199.