Info

About Ravencoin (RVN)
Ravencoin assets/tokens
Ravencoin sub asset/token
Ravencoin admin asset/token
Ravencoin restricted asset/token
How to buy Ravencoin asset/token from us?
Sources and Further readings

About Ravencoin (RVN)

Ravencoin (RVN) was created in 2017 (launched in 2018) as a fork of the open-source Bitcoin code as a way to hold assets digitally and transfer them easily between parties. That was the specific use case Ravencoin was designed for and is a truly open source project (no ICO, no premined coins, master nodes...).

So many blockchain projects try to pretend they can solve every problem, or try to offer a use-case for every scenario. Ravencoin is different because it's focused on doing one thing right - tokenized asset transfers.

The core software that anyone can download for free has a built-in user interface for creating assets. The core software also has RPC calls to create and transfer assets so it can programmed or scripted for full automation.

Ravencoin has several different types of assets that are used for different purposes.

Ravencoin assets/tokens

Issuable and transferable tokens with a unique name in the root namespace.
First one to register a name gets it.

Can be indivisible, or divisible up to 8 decimal places.

Example:

APPLE

Important characteristics or features of Ravencoin assets are:

(1) the ability to acquire a Unique Name to prevent fraud and spoofing.

(2) branding - the second reason that a guaranteed unique name is valuable to token issuers is that the brand can be built using the name.
Your name is included in Ravencoin asset browsers. Also, once trust is built in your root token name, then all sub-tokens can be trusted. This can be used by token issuance platforms that issue sub-tokens.

For example: Let’s say TIP build their brand for [T]oken [I]ssuance [P]latform.

Then you’d know that all sub-tokens like TIP/GREATCOMPANY and TIP/PROPERTY_DEAL are issued by the root token holder that owns TIP!

(3) the cost to transfer is much cheaper than ERC-20 or extended ERC-20 smart contracts.

Ravencoin sub-assets/sub-tokens

Tokens that you can create under a token that you own.
If you own APPLE, you can create new tokens under it.

Example:

APPLE/PIE
APPLE/GRANNYSMITH
APPLE/PIE/SLICE

Multiple levels up to 31 characters.

Ravencoin admin asset/token

When you create assets, for example, APPLE, then the system will also create APPLE! token.
Note the trailing exclamation point. This is the ownership token. This token has special powers.

It allows you to re-issue more APPLE tokens (as long as the reissue flag is set to true), and create sub-assets.

Exclusive rights to register $APPLE (Ravencoin restricted asset/token)

Ravencoin restricted asset/token

Tokens on Ravencoin that start with $, and can only be sent to the tagged addresses.

Tokens where the issuer has some super-powers to make them compliant. These are best used for Security Token Offerings (STOs), or Digital Token Offerings (DTOs) in highly regulated regions like the US.

They always start with $.

Example:

$APPLE
$COMPANY

Only owner of regular asset (APPLE, COMPANY) can register restricted asset/token.

How to buy Ravencoin asset/token from us?

Using Atomic Swaps to exchange asset/token for RVN.

HOWTO: Atomic Swaps on Ravencoin

Sources and Further readings

Articles, FAQs:

Ravencoin Assets vs. ERC-20
Ravencoin — Tags and Restricted Assets
Ravencoin Asset FAQ
Ravencoin token glossary
Ravencoin asset/Token creation guide

Asset explorers:

Ravencoin asset explorer - ravencoin.asset-explorer.net
Ravencoin asset explorer - assetsexplorer.com

Websites, social media:

ravencoin.org
https://twitter.com/Ravencoin
ravencoin.foundation
twitter.com/rvn_foundation
Ravencoin Wiki
Ravencoin @ coindesk.com