Representing real world custodied physical or digital asset
Securities tokens: stock or shares of a company where the shares are represented by a token rather than a physical stock certificate
Securities or partnership interests with the built-in ability to pay dividends in RVN
Tokens which represent a coop, limited partnership, royalty sharing or profit sharing platform
A token which represents a cflexd-funded item with the ability to transfer or resell the item
Representing virtual goods
Tickets to an event such as a Baltimore Ravens game with the ability to resell without worry of duplicates being made
A license to allow an activity
An access token to use a service
In-game currency and items, transferable to other gamers outside of the game platform
Representing a share of a project
DC Comics Presents #26
Energy credits (Electricity, Wood, Gas, Oil, Wind)
Representing a credit
How it works
In Approximately 3 years (~January 2022) at block 2,100,000 the first halving will take place and the reward per block will drop from 5,000 to 2,500 Raven. This will continue with each subsequent 2,100,000 blocks until the reward amount can no longer be halved
How many days is 2,100,000 blocks?
2,100,000 blocks = 1458.33333 days @
1 minute blocks
What is that in years?
1458.33333 / 365.25 = 3.992699 years
(with one leap year)
How accurate are those timelines
This is all dependent on the number of blocks, not calendar time. If the block speed is faster than one minute, it will be sooner. If slower, it will be longer than 3 years.
Okay, but can I have an example?
Example: By counting blocks on November 18th, 2018, Ravencoin was at 315.57 days, but in calendar time, we were at 319 days. This difference was caused by our mining power being increased almost every difficulty adjustment in the first months after the start of the platform.