Render

What is Render (RNDR)?

Render is a decentralized GPU rendering network that utilizes blockchain technology to create a distributed global rendering network. This system allows users to share their GPU power and earn RNDR tokens in return, making rendering tasks more accessible and efficient.

What Problem Does Render (RNDR) Solve?

Render addresses:

• Rendering Costs: Reduces the high costs associated with traditional rendering.
• Resource Utilization: Optimizes the use of underutilized GPU resources.
• Accessibility: Makes high-quality rendering more accessible to artists and creators.

Why the Crypto Market Needs Render (RNDR)

Render benefits the crypto market by:

• Cost Efficiency: Lowers rendering costs for users.
• Enhanced Accessibility: Provides a scalable solution for rendering tasks.
• Resource Optimization: Utilizes idle GPU power for rendering.

History of Render (RNDR)

The Render Network was launched by OTOY Inc., a cloud graphics company founded by Jules Urbach. The platform has rapidly gained traction in the graphics and blockchain communities, achieving significant milestones in its development and user adoption.

Creator of Render (RNDR)

Render was created by Jules Urbach, founder and CEO of OTOY Inc. He pioneered computer graphics, streaming, and 3D rendering technology.

What Technologies Does Render (RNDR) Utilize and How Do They Function?

Render uses:

• Blockchain Technology: For decentralized transaction management and security.
• Smart Contracts: To automate the rendering process and payments.
• Distributed GPU Network: Utilizes a global network of GPUs for rendering tasks.

What Affects Render (RNDR) Price?

Factors influencing RNDR price:

• Market Sentiment: News and developments.
• Platform Adoption: Increased use and integration.
• Technological Advancements: Upgrades and partnerships.
• Regulatory Changes: Cryptocurrency regulations.

What is the Circulating Supply of Render (RNDR) Tokens?

There are approximately 392,459,381 RNDR tokens in circulation out of a total supply of 532,219,655 tokens.

What is the Maximum Supply of Render (RNDR)?

The maximum supply of RNDR tokens is capped at 532,219,655 tokens.

What is Render (RNDR) Utility?

RNDR tokens are used for:

• Payment: For rendering services within the Render network.
• Staking: To secure the network and participate in governance.
• Governance: Voting on protocol upgrades and changes.

The Tokenomics of Render (RNDR)

Render’s tokenomics include:

• Staking and Rewards: Incentives for staking and securing the network.
• Incentives: Rewards for user participation.
• Supply Cap: 532,219,655 tokens.

What is the All-Time High and All-Time Low for Render (RNDR)?

• All-Time High: $13.60 on March 17, 2024
• All-Time Low: $0.03676 on June 16, 2020

Where to Buy Render (RNDR)?

RNDR tokens can be purchased on various major cryptocurrency exchanges, including:

• Binance
• Coinbase
• KuCoin
• Gate.io
• Crypto.com Exchange

Who Raised Money for Render (RNDR) Early-On?

Details on early-stage investors in Render are limited. The project has attracted interest from various investors in the graphics and blockchain sectors.

What Are the Revenue Streams of Render (RNDR)?

Render’s revenue streams include:

• Transaction Fees: From rendering services within the Render network.
• Staking Rewards: From staking RNDR tokens.
• Partnerships and Collaborations: Revenue from integrations with other projects and service providers.