What is Ravencoin?
Ravencoin is an open source blockchain that allows the non technical user to create and transfer assets from one party to another.
Ravencoin is a blockchain based on a fork of Bitcoin code which holds assets in it’s base layer! These “assets” are sometimes referred to as NFTs or tokens. They can represent whatever the creator decides! They can be limited in quantity, named and be issued as securities or as collectibles. The term NFT describes only a small part of what Ravencoin is designed for. Not only can you mint your own NFTS directly from either the Ravencoin Core wallet or Mango Farms, you can also create securities or partnership interest tokens with a built-in ability to pay dividends.
All of this can be done with zero coding. And with Ravencoin being ASIC resistant, it is gpu mineable. This means that you can create or “mine” the needed Ravencoin to create these tokens on a store bought computer. This makes Ravencoin have a low barrier to entry since you don’t need specialized equipment or be wealthy already ($1.2 million dollars for Solana or 32 ETH for Ethereum node staking). And unlike proof of stake coins, Ravencoin (like Bitcoin) had zero pre-mine or founders reward.
That’s right, even the founder of Ravencoin mined like everyone else! These details matter at WAGMINFT. Like our name says, “we all gonna make it” We choose a chain that fit that ethos.