RaveDAO (RAVE): D-Score 52/100 — Moderately Decentralized BlockIndex D-Score: 52/100 (Moderately Decentralized). RaveDAO (RAVE) is a Layer 2 cryptocurrency using Other consensus. RaveDAO: Web3 entertainment token connecting global music events, community voting, and impact-driven cultural initiatives. Source: https://blockindex.ai/coin/rave · Data by BlockIndex.AI · Updated 2026-06-19 D-Score breakdown (0-100, higher means more decentralized) Component: Score: Overall D-Score: 52: Node distribution: 0: Initial distribution: 25: Governance: 20: Age and history: 7: Autonomy: 0: Key facts - Layer: Layer 2 - Consensus: Other (N/A) - Launch: Other (2023) - Founder: N/A - VC funded: No - Max supply: 1,000,000,000 - Circulating: 252,480,555 (25.2%) Market data (as of 2026-06-19) - Price: $0.27 - Market cap: $67.8M - 24h volume: $10.54M - 24h change: -6.38% · 7d change: -16.84% About RaveDAO (RAVE) is a Web3 entertainment and community project centered on live music, cultural events, and impact-oriented participation. The supplied data presents it as a token-linked community rather than an independent blockchain protocol. Its public story begins with a 200-person crypto-conference afterparty in November 2023 and continues with a first sold-out Dubai event in 2024. From there, RaveDAO expanded across Europe, the Middle East, North America, and Asia, reporting more than 100,000 total attendees and more than 3,000 attendees per event. The project has worked with artists including Vintage Culture, Don Diablo, Chris Avantgarde, Lilly Palmer, MORTEN, Bassjackers, and GENESI, positioning RAVE around music, Web3 culture, and community participation. Technically, RAVE is documented as a token rather than a standalone layer-1 network. CoinMarketCap and related extracted data identify an Ethereum contract address, while Coinbase context also references Base and BNB Smart Chain addresses. Because RAVE does not operate its own consensus mechanism, validator set, mining network, or independent chain infrastructure in the supplied material, it inherits security and settlement from its parent chains. No RAVE-specific block time, full-node count, TPS, source repository, programming language, or protocol-release version is provided. Explorer coverage is available through Etherscan and Ethplorer, and market/profile coverage is available through CoinMarketCap, CoinGecko, Coinbase, and LunarCrush-powered social data. The project’s use case is primarily cultural and experiential. RaveDAO organizes large-scale Web3 music events and links them with community and philanthropic outcomes. The extracted sources state that 2025 event proceeds helped restore sight to more than 400 cataract patients in Nepal and funded more than 150 meditation programs across the United States. Partnerships with 1001Tracklists, AMF, and Warner Music support its entertainment positioning, while stated support from Binance, OKX, Bitget, and Polygon provides broader crypto-ecosystem context. The token is associated with community participation and, according to Coinbase-derived DScore extraction, voting rights over treasury allocations and ecosystem initiatives, though the supplied files do not provide detailed smart-contract governance mechanics. RAVE has a fixed maximum supply of 1,000,000,000 tokens, with total supply also listed as 1,000,000,000 RAVE. Circulating supply is reported as 252,480,555 RAVE, or 25.2480555% of maximum supply. The supplied market snapshot quotes a price of $0.4391, market capitalization of $110.88 million, and 24-hour trading volume of $23.94 million. CoinMarketCap lists an all-time low of $0.1428 on December 12, 2025 and an all-time high of $27.94 on April 18, 2026. The provided data does not disclose a token sale, premine allocation, insider allocation, unlock schedule details, or public initial distribution percentage beyond references to circulating and vesting supply. Governance is underdocumented but not absent. The project name and official context describe a DAO/community model, and extracted Coinbase data says RAVE holders can vote on treasury allocations and ecosystem initiatives, while official-site context says philanthropic organizations are chosen by the community. No CEO is identified, no controlling company or foundation is confirmed, and no VC financing is documented. Development-facing resources consist mainly of a GitBook whitepaper, a MiCA whitepaper, MiCA sustainability disclosures, and a security audit link rather than an open-source protocol repository. Overall, RAVE is best classified as a multi-network Web3 cultural token connected to live-event production, community decision-making, and social-impact programs, not as a base-layer blockchain. Links - Website: N/A - Whitepaper: https://ravedao.gitbook.io/ravedao-whitepaper - GitHub: N/A --- About the D-Score: BlockIndex.AI rates decentralization from 0 to 100 across node distribution, initial distribution, governance, age and history, and autonomy. Methodology: https://blockindex.ai/dscore