santos fc token img

Santos FC Fan Token Report – 7th October’2022

Santos FC Fan token is a fan token for Santos FC supporters.

The CMP of SANTOS on 7th Oct is $15.70.

 

The Problem Statement:

When the Covid-19 pandemic was at its peak many countries somehow managed it. But Brazil was hit hard by this pandemic, as at least 1 in every 6 Brazilians was infected with Covid-19.

The lockdowns damaged the economy of the whole nation & the football matches had to be canceled.

So to keep the fans engaged and earn some revenue one football club launched its own cryptocurrency.

Let us know about it.

 

What is Santos FC Fan token?

The Santos FC Fan Token is a BEP-20 token for all Santos FC supporters. 

The BEP-20 standard is essentially a checklist of functions, new tokens must be able to perform to be compatible with the broader Binance ecosystem of dapps, wallets, and other services.

Santos FC is a sports club in Brazil. The Binance and Santos FC collaborated and this was officially confirmed in November 2021, when the statement was published on the football club Santos FC’s social media pages.

 

How does it work?

Binance became the sponsor and licensee, and in return, it got the right to operate NFT products. The aim of this collaboration is to increase the engagement of the fans, build an impactful relationship between the fans and the club, and also to attract the attention of Binance customers.

There are numerous benefits to holding $SANTOS tokens:

The token enables Santos FC fans to engage in voting polls, get digital collectibles, buy NFTs, and much more fan rewards and great experiences to fans.

$SANTOS was launched with the help of Binance Launchpad on 27 November 2021.

 

How is it Unique?

With SANTOS token and Binance pay a user can pay to buy official and merchandise products of the club and they can also pay for match tickets, club memberships, and NFTs.

SantosTv is a platform made for fans to watch live broadcasting of matches and events for free.

Fans can also donate to their favourite teams and in return, they will be getting a proof-of-loyalty badge.

 

Tokenomics: 

The native token of the Santos FC club is SANTOS. The total supply of SANTOS is 30 Million & 15% of the total maximum Supply (4.5 Million) is in circulation. It has a market capitalization of $72 million. 

 

 


 

Competition Analysis:

Santos FC token vs Chiliz: 

Santos FC fan token is a token exclusively built for the fans and supporters of Santos FC club, which is based in Brazil. 

But Chiliz enables sports clubs to launch their crypto and earn some revenue. Significant partners have issued fan tokens using Chiliz, including massive football clubs like Juventus F.C., FC Barcelona & Paris Saint Germain, etc.

 

 

Team, Community, and Media:

Three local sportsmen founded the Brazilian football club Santos in 1912: Francisco Raymundo Marques, Argemiro de Souza Junior, and Mário Ferraz de Campos.

The club has given football stars like Pelé, Neymar, and Rodrygo. So there aren’t many details available regarding the team that launched and maintains the cryptocurrency project for Santos FC.

Santos FC has 3 million followers on Twitter, 1.9 million followers on Instagram, 1.1 million subscribers on Youtube, and 3.8 million followers on Facebook.

 

Conclusion:

Santos FC club smartly figured out a way to increase revenue at the time the world was facing the Covid-19 crisis. Santos FC token has also helped fans to get a chance to support their favourite team and donate some amount as well. Santos has been adding more things into its ecosystem like Ecommerce, SantosTv for live broadcasting of matches, membership of the club, etc. Boys of the Village Soccer Schools has been an initiative launched by them to train children to become footballers and contribute towards the well-being of society.

Pros:

1) A Santos FC fan can support their favourite teams.

2) Holders of SANTOS get exclusive benefits like meetups with players, and buy NFTs and merchandise products.

Cons:

1) There are no details available regarding the development team of this project.

2) It is a closed ecosystem that only consists of Santos FC club which might limit its potential.

 

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Stellar

Stellar Report – 30th September 2022

Stellar (XLM) is an open-source peer-to-peer (P2P) decentralized network.

 

The CMP of XLM on 30th September is $0.1154.

 

The Problem statement:

In today’s efficient & fast-changing world, even after nearly more than 3 decades of people using the internet, cross-border payments are controlled by Banks.

The problem is not just that few banks across the world control them but they take days or even weeks to process the cross-border payments.

Also, their transaction fees can range from 0.3% –20%.

These banks control who can send & receive payments.

Let us see how Stellar solves these problems.

 

What is Stellar?

Stellar is a decentralized blockchain network where users can create, send and trade several assets & different types of cryptocurrency.

It is a payment protocol that is based on distributed ledger technology. Ledger means a collection of records of transactions. 

Stellar connects banks, payment systems, and people and it intends to move money quickly and at a low cost.

Stellar was launched in 2014 by two partners Jed McCaleb and Joyce Kim. McCaleb was the co-founder of the payment protocol Ripple, but he left due to conflicts about the future of the platform.

McCaleb and his team also launched the Stellar Development Foundation with the Stellar network and it is a not-for-profit organization.


 

How does Stellar work?

Stellar has its algorithm called as Stellar consensus protocol which has a ledger. This ledger keeps a record of all accounts and transactions happening on the network.

XLM (the native token of Stellar Network) works like an intermediate currency for operations in Stellar network and transaction fees are also paid in XLM. Stellar first converts the money into XLM, and then into the requested currency.

 

How is it Unique?

Stellar can support thousands of transactions per second. Many cryptocurrencies want to replace the current fiat currency. 

But Stellar isn’t focusing on that, instead, it wants to provide a system where all can work together and where one isn’t a threat to the other. 

A user can send assets to other users no matter where they live at a lightning speed. 

It takes around 5 seconds for a transaction and it only costs 0.00001 XLM for its users.

As Stellar is an open source network, anyone can build their wallet, crypto token or App.

 

Tokenomics:

The native token of the Stellar network is XLM. The total supply of XLM is 50 Billion & ~51% of the total maximum Supply (25.47 Billion) is in circulation. It has a market capitalization of $2.7 billion. Currently, the CoinMarketCap ranking of the XLM token is #27. Stellar has inflation of 1% which means XLM is an inflationary token.

 

 

Competition Analysis:

Stellar vs Ripple:

Stellar is an open-source blockchain network. But Ripple is a centralized network. With Stellar a user can send and receive assets. But Ripple is mostly used by Banks and institutions.

Ripple focuses on providing fast and low-cost international payment services. But Stellar is an open network that helps others to build their financial products. 

Ripple has transaction fees of around  $0.0002 and it takes around 3-5 seconds for transactions. Stellar takes 5 seconds for transition and it takes 0.00001 XLM as a transaction fee.

Stellar is a not-for-profit organisation and Ripple is a for-profit organisation.

 

Team, Community and Media:

Jed McCaleb is an American entrepreneur and philanthropist. He was co-founder of Ripple but due to conflicts regarding the future project. Jed McCaleb started Stellar network where he worked as a CTO. Previously he has also started companies like MetaMachine, Code Collective and Vast.

Stellar has 752.3k followers on Twitter, 212k members on Reddit, and 5k members on Telegram.

 

Conclusion:

Stellar came into view in October 2017 when it announced a partnership with IBM. Stellar has paved a way for many platforms as every project in web 3.0 is trying to replace fiat with cryptocurrency but Stellar wants to give back control to people and help people take the choice whether they would like to send and receive crypto or fiat. Stellar will be exploring and selecting CBDCs and will try to add them to their ecosystem. The cooperation envisions the establishment of various currency corridors between South Pacific states. Stellar’s features, such as token issuance and the forthcoming Lighting Network deployment, put it in a great position to expand and perhaps replace Ripple as the token of choice.

Pros:

1) Stellar is an open source network and development is done by Stellar development foundation which is a not-for-profit organisation. 

2) It helps in fast and low-cost transitions where it just takes 5 seconds and takes 0.0001 XLM as transaction fees.

Cons:

1) Centralization is one of the issues that Stellar currently has, as the Stellar development foundation controls 60% of the XLM supply.

2) Also it has very few validators around 50 validators, where it can be vulnerable to attacks.

 

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pancakeswap

PancakeSwap Report – 23rd Sept’2022

PancakeSwap is a decentralized finance (DeFi) application.

 

The CMP of PancakeSwap on 23rd September is $4.48.

 

The Problem statement:

Today finance is controlled by few centralized authorities. So many times there are limitations and they own the data of people, which is easy to manipulate.

So the original idea of DeFi and DEX is to decentralize world finances. People wanted a system where there is no need for centralized exchanges.

Uniswap and SushiSwap did emerge as the market leaders but most of the DApps were developed on the Ethereum blockchain. 

This overdependence on the Ethereum network created challenges such as slow transaction speed and high gas fees.

So let us understand what PancakeSwap is and how it solves this problem.

 

What is PancakeSwap?

There’s an explosion of decentralized finance (DeFi) after the Covid-19 pandemic as inflation is on the rise. So people are increasingly adopting new financial iterations that revolve around autonomy, speed, and inclusion as traditional financial systems are lacking it.

PancakeSwap is an Automated Market Maker (AMM),and a decentralized exchange(DEX). 

Automated Market Makers are part of decentralized exchanges (DEXs), which were created to eliminate the need for any middlemen in the trade of crypto assets.

PancakeSwap is built on the BNB Chain (previously it was built on BSC and Binance Chain) instead of the Ethereum network. It helps its users to swap BEP-20 standard tokens easily.

The BEP20 standard is essentially a checklist of functions new tokens must be able to perform in order to be compatible with the broader Binance ecosystem of dapps, wallets, and other services.

 

How does it work?

PancakeSwap is an exchange, but a decentralized one, so the most basic function it does is to help to trade BEP-20 tokens. 

If someone wants to trade on PancakeSwap rather than finding an order match, there is a liquidity pool (A smart contract where tokens are locked for the purpose of providing liquidity). 

Other people can deposit their funds in the liquidity pools. In return, they receive an LP (liquidity provider) token. They also receive a fee for making their assets available for lending.

On the other side, people who want to use this liquidity pool, pay a fee to the DeFi platform. The fee is later distributed among people who have contributed to the pool. 

Out of this pool, a nominal amount is kept in the PancakeSwap treasury to maintain the platform.

 

How is it Unique?

There are many ways one can earn with PancakeSwap.

Trading:

PancakeSwap supports trading in BEP-20 tokens. LP(Liquidity Pool) tokens will be given to liquidity providers that will help in trading other BEP tokens and it is similar to crypto trading.

Farming:

One of the best ways to earn profits on PancakeSwap is yield farming, and it can provide users with huge returns. It’s a good source of passive income for many users.

A user can stake their tokens which is done by depositing Liquidity Provider tokens and in return they are rewarded by the protocol with CAKE tokens. This is known as farming.

Staking:

Not everyone can trade LP tokens and earn a profit. For many users, staking is the best option. With PancakeSwap, you can stake CAKE coins in the SYRUP pools to earn even more rewards.

Staking cryptocurrencies is a process that involves committing your crypto assets to support a blockchain network and confirm transactions.

Staking is similar to farming, but in staking, the investment is locked for a fixed time.

NFTs:

The full form of NFT is Non-fungible tokens. PancakeSwap enables users to win special NFTs, these NFTs can be used for trading and staking. However, some people might prefer to simply collect these NFTs. Binance has built a specific protocol that helps to generate NFTs in a far easier manner than before.

Lottery:

PancakeSwap also provides another way of earning money. The platform runs four lotteries a day, and each lottery session runs for six hours. A user is required to buy a ticket with the CAKE token for participating in the lottery draw. If a user wins, then one can even get an NFT as a reward.

 

Tokenomics:

The native token of the PancakeSwap is CAKE. It has a circulating supply of 143 million CAKE tokens and maximum supply of 750 million CAKE tokens. It has a market capitalization of $641 million. Currently, the CoinMarketCap ranking of the CAKE token is #62.

 

Competition Analysis:

PancakeSwap vs Uniswap:

Both PancakeSwap and Uniswap are decentralized exchanges and have great features but exist on different chains.

PancakeSwap has been the better choice for users who are on the BNB Chain and for those who own BEP-20 tokens. 

Uniswap is better for those users who want to keep using the Ethereum blockchain or EVM-compatible chains.

As Uniswap provides access to multiple EVM chains like Polygon, Arbitrum, Optimism, and Ethereum, it has now managed to have twice the liquidity of PancakeSwap. 

 

Team, Community, and Media:

PancakeSwap was started by a team of anonymous developers in September 2020. Many studies have also revealed that it was started by former Binance employees. But the information isn’t available publicly about the founders or developers of PancakeSwap.

PancakeSwap has 42.3k followers on Instagram, 85k members on Reddit, 19k members on Discord, 75k members on Telegram, and 1.6 million followers on Twitter.

 

Conclusion:

PancakeSwap is the largest AMM project on the BNB Chain, and it has some unique characteristics. It has built many ways for the users to earn profits and has achieved tremendous success in just 2 years from its launch. It has been a very efficient platform where it is easy to use and has low transaction fees. PancakeSwap is working on the Voting system and Open NFT platform, more details about it are yet to be revealed. Ethereum may have begun the DeFi movement, but projects like PancakeSwap indicate that the wave of innovation will extend to other chains. PancakeSwap is likely to enjoy tremendous popularity in this sector due to its unparallel trading service.

Pros: 

1 PancakeSwap is a very fast network & traders don’t lose out on any trade because of performance.

2) It is audited by Certik which brings a sense of safety.

3) Ethereum network can have transaction fees as high as $20 but PancakeSwap has an average transaction fee of around $0.08.

Cons:

1) There is no information available about the developers of PancakeSwap.

2) It is Built on the BNB Chain, so many users aren’t using  PancakeSwap because projects like Uniswap also provide access to multiple EVM chains.

 

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Aergo final img

Aergo Report – 16th September’2022

AERGO is an open-source hybrid blockchain smart contract platform for decentralized applications.

The CMP of $AERGO on 16th September is $0.1774.

 

The Problem statement: 

As the world races toward digitalization, where value creation happens across open networks and distributed ecosystems, blockchain technology has the potential to become the primary enterprise platform for building systems and ecosystems.

 

Many applications will be built upon the blockchain network by enterprises, and these enterprises will require support for creating, deploying, and managing new distributed and secure applications on blockchain technology.

 

Google, Facebook & Twitter own your data and are the largest custodians. There is no such thing as privacy, as these custodians track every individual’s behavior. 

 

These companies store all the users’ data on a centralized server. They also sell the data to the highest bidder advertisers. So to stop them, governments worldwide are making laws such as the General Data Protection Regulation (GDPR) in Europe, but they aren’t much effective. 

 

To build trust & improve transparency, companies worldwide are adopting open and trusted distributed ecosystems. So, for now, the only solution is blockchain technology.

 

In blockchain technology, one can make smart contracts, which means computer programmes on the blockchain network execute their terms autonomously and without intermediary involvement.

 

A dApp is a decentralized application. Its backend software code runs on a decentralized peer-to-peer network. Usually, this backend code runs on centralized servers.

 

Currently, there are tons of challenges faced by Enterprises in adopting dApp. The pain points are:

1) It is complex for developers & IT professionals to write applications on the blockchain.

2) There is a need for a solution in designing, testing, and deploying for managing and scaling dApps.

3) Integrating existing IT systems with a new blockchain project is challenging.

4) Many blockchain networks might not fulfill all the core requirements like speed & costs; the Ethereum network is slow & costly. 

 

So, finding support for these multiple blockchain solutions can be challenging.

But to solve these problems, Aergo has been working on it. Let us see what Aergo is.

 

 

What is Aergo?

Aergo is an open-source hybrid blockchain network aimed to support enterprise and government-level use cases, where there are aspects of a combination of public (decentralization/trust) and private (performance/control) technologies. 

The Aergo network enables enterprises and developers with a set of infrastructure components for hosting blockchain applications based on the Aergo Chain(Aergo chain is an OS on which dApps run). 

A developer can code in programming languages such as Lua and SQL in the Aergo network.

 

 

How does it work?

Aergo provides infrastructure for enterprises and developers for hosting dApps on the Aergo Chain and allows for a staking facility.

 

Aergo provides a hybrid option for creating blockchain networks, so the two types are Private & Public blockchain networks. The Private blockchains on the Aergo network run on a Proof of Authority(PoA) mechanism, and the RAFT algorithm powers it. The public blockchain network, the Aergo, runs on a Delegated Proof of Stake(DPoS) mechanism.

 

Delegated Proof of Stake (DPoS) is a popular evolution of the PoS concept, where users of the network vote and elect delegates to validate the next block.

 

AERGO tokens must be acquired and staked to vote and manage block producers. The Users can decide to pay cloud providers for hosting their private blockchains on selected nodes rather than hosting themselves. 

 

Enterprises can also access additional 3rd party services via AERGO.

 

 

How is it Unique?

These are the elements that form the Aergo network:

1) AERGO Chain: 

AERGO Chain is a new protocol that consists of a global public decentralized network of enterprise blockchains that node operators run.

AERGO Chain can be considered an open-source blockchain operating system.

 

2) AERGO Hub: 

AERGO Hub aims to connect and work with secure dApps with AERGO Chain. The dApps

are created and stored in one of the two repositories:

i) AERGO Public Repository:

It is a shared and decentralized underlying infrastructure for dApps (similar to Git public repositories for hosting open source projects).

ii) AERGO Private Repository:

It is a controlled, secure, and private infrastructure for dApps. It aims to achieve access control, performance, and application security for Enterprises.

 

3) AERGO Marketplace:

It is like a one-stop shop for all software applications, computing resources, and other services for AERGO Chain.

 

 

Tokenomics:

The native token of the Aergo network is AERGO. The total supply of AERGO is 500 million & ~82% of the total maximum Supply(408 Million) is in circulation. It has a market capitalization of $73 million. 

 

 

 

 

Competition analysis:

Aergo vs Ethereum:

Aergo uses the DPoS consensus mechanism, and the smart contract can be created with the Programming language LUA. It has a TPS(Transactions Per Second) of more than 10000. 

 

Ethereum works on the PoS consensus mechanism(Post-Merge and earlier, it was working on the PoW mechanism). The smart contract can be created with the Programming language Solidity. It has a TPS(Transactions Per Second) of 4000. 

 

The Finality time(Time taken for a block to be executed) of Aergo is 7 seconds & for Ethereum is 3 minutes. The transaction fee of Aergo is $ 0.001 & for Ethereum is $21.

 

 

Team, Media and Community:

The platform is built by Blocko, the South Korean Samsung-backed blockchain technology company. It has large-scale clients, including Hyundai Motors,  Korea Stock Exchange, Lotte Card, Shinhan Bank, and more.

 

Currently, Phil Zamini is the Non-executive CEO of Aergo network. He has worked with Redhat as Global VP of Sales and Business Development in Redhat Inc. He has also worked with Deutsche Telekom in the Cloud business unit. 

 

Aergo has around 27k followers on Twitter, 6.9k members on Telegram, 1.8k members on Reddit, and about 1k followers on Linkedin.

 

 

Conclusion:

Aergo has built a whole ecosystem for enterprises & developers who want to develop dApps on blockchain technology, be it private network or public, both can be constructed & even a hybrid version is possible on Aergo. Aergo has been growing rapidly by adding new large enterprises to its client list, which is the main reason they have attracted funding from VCs. In 2022, Aergo has planned to launch the “AERGO Swap” project, which will be DeFi services and AERGO-based NFT services. AERGO also intends to provide technical components for adopting Metaverse with SDK and services, and it wants to expand the ecosystem for businesses & large enterprises.

 

Pros:

1) Enterprises can build public, private, or hybrid dApps on the Aergo network.

2) It is backed by Samsung and Sequoia Capital and has large clients such as Korea Stock Exchange, Hyundai Motors, etc.

3) It has a low transaction fee. 

 

Cons:

1) Solana network has a TPS of 65,000, and Aergo has a TPS of more than 10,000, but in 2019 they recorded a TPS of around 15,000, which is considerably lesser than Solana.

2) It has good efficiency, but many blockchain networks like Avalanche and Solana have less Finality Time.

 

 

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2 ravencoin

Ravencoin Report – 9th Sept,2022

Overview:

Ravencoin is a digital peer-to-peer open-source blockchain network. It aims to perform one function efficiently, that is transfer of assets from one user to another.

The CMP of Ravencoin on 9th September 2022 is $0.03606.

 

What is Ravencoin?

Ravencoin is a blockchain network to incentivize a network of computers to operate a platform for allowing users to create a new class of crypto assets.

This protocol is designed to represent real-world assets like collectibles, gold, event tickets, etc for creating & transferring the tokens to third party users. 

Anyone can create & issue tokens on Ravencoin network & they can use these tokens as means of transfer.

 

How does it Works?

Ravencoin has been created as an open-source fork of Bitcoin which means the team of Ravencoin just copied & made some changes in Bitcoin’s code by adding new features for different purposes.

It works on Proof of Work mechanism rather than on Proof of Stake mechanism. In Proof of Work mechanism, miners compete using their computers to solve mathematical puzzles which get progressively harder. 

Assets are tokens that can be issued by users of the Ravencoin network without the need to be mined. These assets & tokens exists on Ravencoin blockchain that are transferable to any Ravencoin address.

For creating a new crypto asset, a user has to burn (or destroy) a small amount of RVN coins & give a unique name to the token. The issuer can determine the quantity of tokens issued, the number of decimal places, & if more tokens should be issued or not.

 

How is it Unique?

A token issuer can just send the rewards to the token holders. It’s similar like the companies send the dividends to the share holders. 

For example, If Rakesh wants to start his Cake business & he creates token RAKESHCAKE to raise funds. His Family & friends can get the tokens in exchange. So after few months Rakesh’s Cake business is doing well & has generated profits. So to give some rewards Rakesh can just send some dividend in the form of RVN to RAKESHCAKE token holders.

Ravencoin uses KAWPOW algorithm that promotes decentralization. So for mining Bitcoin few node operators uses special computers that have high computing power for mining Bitcoin. 

But Ravencoin can be mined by a normal computer. This has increased accessibility which can create many nodes for Ravencoin.

 

Tokenomics:

The native token of the Ravencoin network is RVN. It has a circulating supply of 10.47 billion RVN tokens & maximum supply of 21 billion RVN tokens. RVN is a deflationary asset. It has a market capitalization of $467 million. Currently, the CoinMarketCap ranking of the RVN token is #80.

For controlling the rate of monetary inflation (or rather deflation), every 2,100,000 blocks (approx in every 4 years) the amount of coins is cut in half. After 11th Jan 2022, Ravencoin miners will get 2500 RVN per block instead of 5000 RVN they were getting.

 

Competition Analysis:

Ravencoin vs Bitcoin: 

Ravencoin uses Proof of Work mechanism, but a miner doesn’t require a special hardwares for mining Ravencoin. A normal computer can also become a node in Ravencoin network.

A node operator can get 5000 RVN as reward for mining Ravencoin. Ravencoin’s block time is 1 minute where as Bitcoin’s block time is 10 minutes.

Bitcoin also uses Proof of Work mechanism, but the node operators have high computing power & requires more energy to mine Bitcoin. The Bitcoin has maximum supply capped at 21 million BTC & Ravencoin has maximum supply cap of 21 billion RVN.

 

Team, Media & Community:

Bruce Fenton, Tron Black and Joel Weight launched the Ravencoin network on 3rd Jan 2018 & it was announced on 31st October 2017.

Bruce Fenton was a board member and an executive director of the Bitcoin Foundation from 2015 to 2018. Before this field, he had a solid career in investment banking as the VP of Morgan Stanley in the 90s & a MD of Atlantis Consulting for 13 years. Currently, he is a managing director of Chainstone Labs, a stealth fintech startup.

 

 

 

 

Tron Black is a principal software developer has more than 30 years of experience. He has been working in crypto since 2013 on several ventures including CoinCPA, Verified Wallet, and t0. He is currently working with Medici Ventures, a subsidiary of Overstock.com that focuses on blockchain technology applications.

 

 

 

Joel Weight is the CTO at Overstock.com, a well known online retailer. Previously, he has worked with Medici Ventures as COO & CTO. 

 

 

Ravencoin has 90.2k followers on Twitter, 64k members on Reddit, 13k members on Telegram.

 

 

Conclusion:

It’s been more than a decade Bitcoin network was launched & there was a need for more innovation. So Ravencoin network has focused on increasing efficiency but decreasing the block time to one-tenth of Bitcoin & it has tried to make the network more decentralized than the other networks that exist on Proof of Work mechanism. Ravencoin will be adding features such as messaging, and voting, more details are yet to be known about how it will work. Ravencoin has the ability to serve as a starting point for any second-layer solutions, experiments, business concepts, or initiatives that could benefit from a Bitcoin-based code.

 

Pros:

1) It is more decentralized than the popular networks using Proof of Work mechanism. 

2) A user can create & transfer tokens of real-world assets.

3) For mining the RVN tokens, a normal computer can also become node of the Ravencoin network which increases participation of everyone.

Cons:

1) Around 46.7% of the nodes are operated by 2 miners that doesn’t make the Ravencoin fully decentralized network.

2) The founders of Ravencoin does not own any stake like founders of Ripple and Ethereum who own some stake in their network. 

3) There isn’t a well established team of Ravencoin.

 

 

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