Render (ERC-20)
RNDR
Explore Render (ERC-20)
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About Render (ERC-20)
RNDR is an Ethereum token that powers Render Network, a protocol that enables distributed graphics processing. Using RNDR as the medium of exchange, Render Network connects users looking to render images and video with those who have idle graphics processing power.
Resources
Render (RNDR) is a distributed GPU rendering network that currently operates on the Ethereum, Solana and Polygon blockchains. It strives to connect artists and studios in need of GPU compute power with mining partners willing to rent out their GPU capabilities. The network was conceived in 2009 by OTOY, Inc. CEO Jules Urbach and launched in 2017. RNDR is used by artists on the network to exchange for GPU compute power from GPU providers, also known as node operators. The network utilizes a combination of manual and automatic proof of work system, or in this case, proof of render, to verify all art has been successfully rendered prior to payment disbursal and art release.
Render operates by allowing artists to use RNDR tokens to exchange for GPU compute power from GPU providers. The network uses a combination of manual and automatic proof of work system, known as proof of render, to verify that all art has been successfully rendered before payment is disbursed and the art is released. All RNDR payments are stored in escrow during rendering and are released to node operators upon manual verification by the commissioning artist of successful work. To prevent malicious actors, all assets rendered on the network are watermarked until payment is successfully disbursed.
Render seeks to democratize GPU cloud rendering, making next-generation 3D rendering widely accessible for the content demands of immersive media. It provides a platform for a wide array of computation tasks, from basic rendering to artificial intelligence, which are facilitated swiftly and efficiently in a blockchain-based peer-to-peer network. Render is designed to connect users looking to perform render jobs with people who have idle GPUs to process the renders. The network can be used by artists, animators, designers, architects, and engineers, providing unprecedented creative freedom, new levels of realism, and new economics in content creation and distribution powered by the cloud.
The first public token sale of RNDR took place in October of that same year, followed by a private sale period lasting from January 2018 to May 2018. During the private sale period, early adopters were onboarded onto the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network, up until its public launch on April 27th, 2020. The RNDR team is based out of Los Angeles, with team members throughout the world. The RNDR advisory board includes individuals such as Ari Emanuel, JJ Abrams, and Brendan Eich, who have all advised RNDR in various capacities in bridging the gap between creating a system that appeals to both cryptocurrency communities and Hollywood studio production pipelines.
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Market
United Kingdom Market Stats
£3.1B
£345.7M
388.6M RNDR
58 days
#25
£10.89
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
United Kingdom Market performance
+0.58%
-6.72%
+41.04%
+11.58%
-0.56%
+453.12%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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Social
Some highlights about Render (ERC-20) on social media
11,599 unique individuals are talking about Render (ERC-20) and it is ranked #29 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Render (ERC-20) has an average sentiment score of 3.5 out of 5. Finally, Render (ERC-20) is becoming less newsworthy, with 0 news articles published about Render (ERC-20). This is a 100% decrease in news volume compared to yesterday.
On Twitter, people are mostly bullish about Render (ERC-20). There were 49.24% of tweets with bullish sentiment compared to 11.13% of tweets with a bearish sentiment about Render (ERC-20). 39.63% of tweets were neutral about Render (ERC-20). These sentiments are based on 7270 tweets.
On Reddit, Render (ERC-20) was mentioned in 8 Reddit posts and there were 17 comments about Render (ERC-20). On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Overview
11,599 people
7,559 posts
0.17%
#29
3.5 out of 5