Ravencoin Foundation Update - 2020-03-23
Posted on March 24th, 2021
It's been an action-packed couple of weeks since the last update.
Foundation Funding
Because of generous donations by Blockchain Tiger, the Ravencoin Foundation is able to fund projects. The foundation has a legal fund that was raised early in the project that wasn't needed because of donations of time and effort by Doug and Josh. We have some additional funds from the security code audit that have increased in value. This, combined with the initial funding for the Ravencoin Foundation by Medici Ventures, is allowing the foundation to run nodes, APIs, and other important infrastructure that helps Ravencoin. In an effort to be as transparent as possible, this information is publicly available here: https://ravencoin.foundation/accounting/ If you see #ERROR, it is because the API feed for the RVN price has been used too much and has velocity controls on it - wait 24hrs and it resets.
Developers needed
The Ravencoin Foundation isn't directly hiring, but rather putting out bounties on issues and projects. But, there are a bunch of projects that need Ravencoin developers. Not having developers is slowing down some projects that want to tokenize and issue on Ravencoin. I'm asked frequently for more developers and I'm giving developer names to at least three different projects that are ready to hire. The projects range from javascript, python, C/C++, and React Native. If you have these skills and understand public keys and private key relationships, let me know and I can introduce you. Crypto is the future, so you should make your move now. E-mail: tron@ravencoin.foundation
Open Projects (with Funding)
The Ravencoin Foundation is funding issues and projects that developers can fix, or build and get funds paid to them from the foundation. An updated list can be found here: https://ravencoin.foundation/proposals/
Braveland (Ravencoin Campus)
Braveland is an entire virtual campus dedicated to Ravencoin. This campus, generously supported by Blockchain Tiger, will probably be renamed to Ravencoin Campus. It allows meetings to take place across the world in real-time. It will have meetups in different languages, all centered around Ravencoin. Here are are few upcoming meetups. I'm super excited about this virtual space where anyone from around the world can meet, learn, build and thrive.
Reserve your spot:
Global Meetup in English -Friday March 26, 2021 at 6pm to 8pm MDT (8pm to 10pm EDT) - Saturday (9am to 11am KR)
Meetup in Korean - Monday, March 29, 2021(10:00 PM to 11:30 PM KT)
Meetup in Chinese - April 21th, 2021 2) Time 9:00 pm (Beijing)
Meetup in Turkish - April 26th, 2021 - Time 8:00 pm (Ankara)
It costs nothing for you to visit and explore the campus at any time of day. There's an education center, two large auditoriums, a concert hall, a suite of smaller offices, a classroom environment, an upcoming art gallery for NFTs, a beach area, and some boats so you can cruise around the island. It is based on Virbela technology, and works on Windows or Mac.
Download (redirect): https://download.ravencoincampus.org
When you run the program, you'll enter the Ravencoin Campus.
Welcome to the future of global conferences.
OpenDAO
This project will bridge RVN onto Ethereum and then provide the smart contracts to allows the creation of a ERC-20 stablecoin by borrowing against the RVN. Once activated, this is a great way to keep your RVN, and get stablecoins for your expenses. Unlike selling your RVN, there isn't a tax when you borrow against it. Just make sure the loan stays over-collateralized, or else someone else can pay off your loan and get your RVN at a slight discount.
RSK
RSK is an EVM (Ethereum Virtual Machine) compatible smart contract platform with its own chain that is merge-mined with Bitcoin. Ok, that's a mouthful so I'll write an article on it later. Suffice it to say that there is the same pathway to put RRVN on RSK as there is for RBTC. The two-way peg would let you transfer your RVN to RRVN on RSK. This means that Ravencoin could soon be on a smart contract platform that isn't plagued by high GAS fees. I'm embarrassed to say I didn't understand RSK until I had a recent call with the RSK and Chainlink engineers.
NFT Frenzy
The NFT (Non-Fungible Token) space is going, going, sold. Ravencoin was doing NFTs before they were cool, but calling them Unique Assets. Ravencoin is a better platform for NFTs. Unique tokens that can certify ownership of art, and can also act as a certificate-of-authenticity from the artist. These are only 5 RVN to create (after you create your root asset) and can be permanently attached to digital files via IPFS.
Ethereum GAS Problem is Ravencoin Opportunity
Take a look at this video. Jump to 20:00 for the reason for the tokenization of equity. Jump to 21:00 for the reason Ethereum doesn't work for most STOs.
$RVN is already on the Exodus Wallet.
Transfer Tool
There's a new tool for transferring assets in bulk. It takes a Comma-separated Values (CSV) file (in.csv) as input and sends assets to addresses that you specify. It can be used as an example of how to do it and build into your own service, or can be used as a component in back-end services. It will also write the transaction ids to out.csv. It is free under the most permissive MIT license.
See you at the meetup.