Ravencoin is an open-source blockchain platform launched on January 3, 2018, designed to facilitate the efficient creation and transfer of assets between parties. Built on a fork of Bitcoin's code, it introduces key modifications such as a one-minute block time, a total supply of 21 billion coins, and the KAWPOW mining algorithm, which enhances decentralization by enabling mining on consumer-grade hardware.

A distinguishing feature of Ravencoin is its focus on asset issuance and management. Users can create tokens that represent real-world or digital assets, including securities, collectibles, and virtual goods. These tokens can be customized with unique properties, such as limited supply and the ability to pay dividends in RVN, Ravencoin's native cryptocurrency.

The project emphasizes a fair launch, with no pre-mine, initial coin offering (ICO), or developer rewards, ensuring equal opportunities for all participants. Its community-driven development and commitment to open-source principles have fostered a robust and growing ecosystem of miners, developers, and users.