What is $RNDR?
Render Network is a distributed GPU rendering network built on Ethereum.
It is the first decentralized GPU rendering platform that aims to democratize GPU cloud rendering in the world.
It allows artists and creators to access GPU rendering power on-demand from various nodes around the world. This enables them to render high-performance graphics and animations for their projects at a lower cost and with faster processing times compared to traditional centralized rendering services.
The Render Network aims to democratize GPU cloud rendering, making it more accessible and efficient for creative professionals.
The Team
Render Network was brought to life by: Jules Urbach.
He is a visionary leader at OTOY with 25+ years in computer graphics, streaming, and 3D rendering.
He pioneered 3D gaming at 18 and created the web's first 3D game platform, licensing it to major companies.
I think $RNDR has one of the best teams in crypto.
You can find rest of the team here.
Tokenomics
Total Supply: 536,870,912 $RNDR
Circulating Supply: 156 million $RNDR
Token Allocation:
- 25% sold
- 10% in the $RNDR Reserve
- 65% in escrow
They use a model that they call "the burn and mint equilibrium model".
Users are being paid in USD with the equivalent value of $RNDR being burnt, continuously reducing the supply of the $RNDR.
You can find detailed information about the tokenomics here.
Utility
$RNDR serves as the utility token for on-demand GPU rendering services.
The tokens are used for various purposes within the ecosystem:
- Governance,
- Securing,
- Supporting the developers,
- Burning mechanism.
Community
While the project and its team have huge potential, the current community surrounding it appears relatively small in comparison.
With the right outreach and engagement efforts, their community has the potential to expand significantly, further enhancing the project's success and impact in the crypto space.
→ Twitter: 112k
→ Discord: 5k
→ Telegram: 13k
→ Reddit: 316
Collaborations
Render has strategically aligned itself with several key industry players, fostering collaborations with notable entities such as 👇🏻
- Galaxy Interactive
- DJI Innovations
- BAT
- SiaCoin
- Decentraland
What makes Render Network different?
- Decentralized Rendering: Tasks are efficiently distributed across nodes.
- Affordability: High-quality rendering at a fraction of the cost.
- Efficiency: Faster rendering, improving productivity.
- Enhanced Security: Utilizes blockchain for data protection.
- Global Reach: Access GPU resources worldwide.
- Adaptability: Thrives in dynamic market conditions.
Potential
$RNDR has a $494M market cap while Nvidia has a market cap of $1.20B which is higher than the total crypto market right now.
With an incredible demand for GPU rendering in the world, $RNDR has a huge potential for growth.
Don't forget: GPU is the new oil.
Where to buy?
$RNDR is listed at Binance, Coinbase, OKX, MEXC, etc.
To join the Crypto Archive private group and buy $RNDR, you can register for OKX here.
Conclusion
$RNDR unquestionably stands as a distinctive project, addressing real-world challenges.
Its innovative approach not only solves significant problems but also reflects the growing demand in the market.
With a clear vision and well-defined goals, $RNDR's role in addressing the global GPU computing shortage holds the key to its future success.
✅ Solves a real problem
✅ Strong market demand
✅ Huge collaborations
✅ Strong & experienced team
✅ Clear vision & goals
✅ GPU computing shortage
Nothing here is financial advice. DYOR & Take your own risk.
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