Ravendex, a startup company, will host its AMA on Bitmart Exchange the 31st January 2022.

What exactly is an AMA?

Crypto project experts can conduct live online sessions called AMA, Ask me Anything (or crypto) where they answer questions about the project.

Ravendex AMA at Bitmart allows Blockchain enthusiasts who are interested in Ravendex to ask questions regarding the project and its roadmap.

Ravendex Labs announced that Ravendex’s native Cardano Token Staking Platform was launched. Ravendex Labs also created a nonfungible token (NFT), collection of 10,000 raven-pixelated birds, with evidence of ownership on the Cardano Blockchain.

Because Rave NFTs are of real utility and not like most NFTs, they can be earned RAVE rewards or other exclusive Rewards.

The NFT Minting Portal allows you to mint your very own Rave NFT

Rave Token

Ravendex’s utility token, RAVE, has maintained steady prices and avoided volatility despite recent declines in the cryptocurrency market.

The team developed Rave Token and launched it as the utility token within its ecosystem. It will be used to stake, yield farm, and pay Launchpad fees.

You can participate in governance and earn more rave by stake your NFTs. They can then list their NFTs on secondary Cardano NFT markets.

The community determines the token’s price in support of its decentralization goal, which allows them to trade and provide liquidity in addition to staking and endorsing upcoming projects that Ravendex will launch on its IDO platform.

How to buy RAVE token

Rave Token trades on BitMart, with a market cap exceeding $5 Million.

BitMart also sells an array of commodities, such as (USDT), Ether (ETH) and a host of other related coins with close to $1 billion worth of trade volume daily — making it one of the best-performing brands by daily volume, according to CoinMarketCap.

This team is focusing on creating a DEX that’s functional and features-packed on Cardano before the end 2022 of the first quarter.

Cardano’s partner company, Input Output, recently announced a promising scaling update that would potentially “increase Plutus script memory units per transaction to 12.5 mil-lion,” which would positively impact the throughput of decentralized apps operating on the proof-of-stake blockchain.

Ravendex

Ravendex, a Cardano-based blockchain DEX that uses an automated market maker protocol, is called Ravendex. Through the protocol, asset trading can be performed on its network using the protocol. The price is determined by liquidity. Ravendex leverages the ecosystem’s features and low fees to fa-cilitate fast assets and liquidity transfers between native Cardano tokens and its protocol token, ADA. Website: https://ravendex.io

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