Render Token

What is Render Token (RNDR)?

• RNDR is an ERC-20 utility token for the Render Network.

• Connects users needing 3D rendering with idle GPU power providers.

• Facilitates creation, sharing, and monetisation of 3D assets.

Tokenomics

• Total Supply: 536,870,912 RNDR

• Circulating Supply: 376,146,336 RNDR

• Allocation: 25% sold in token sales, 10% in the RNDR Reserve, and 65% in escrow for supply/demand flowback.

Market Data

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Token Pros and Cons

Pros:

• Facilitates decentralised GPU rendering, reducing costs and increasing speed for creators.

• Provides a platform for GPU owners to earn by contributing their idle computing power.

• Implements a Proof-of-Render mechanism to ensure quality and security.

Cons:

• High dependency on adopting and continuously using the Render Network for value retention.

• Potential scalability issues as the network grows and requires more GPU power.

Why Should You Invest in the Coin?

• Unique position in the growing 3D rendering, VR, and AR industries.

• Decentralised rendering services could lead to value appreciation.

USP of the Coin

• Decentralised GPU rendering network.

• Reduces cost and time for 3D rendering, broadening access.

Problem the Coin is Solving

• High cost and inefficiency in 3D rendering.

• Democratises high-quality rendering services across industries.

Founder and Team Background

• Founded by Jules Urbach, CEO of OTOY.

• Over 25 years in computer graphics, streaming, and 3D rendering.

ICO Price

• Public sale price: USD 0.25 per token in October 2017.

Risks Associated in Investing in the Coin

• Market volatility, regulatory changes.

• Risk of decreased demand with more efficient or cost-effective alternatives.

Whitepaper Insights

The Render Network whitepaper outlines the vision and technical framework for a decentralised GPU rendering network powered by the RNDR token. It addresses the growing demand for computational power in 3D rendering, virtual reality (VR), and augmented reality (AR), which traditional cloud rendering services struggle to meet due to high costs and limited scalability.

The whitepaper introduces the concept of a peer-to-peer network that leverages idle GPU power from individuals and data centres worldwide, offering a more cost-effective and scalable solution. Creators can access on-demand rendering services, paying with RNDR tokens, while GPU providers earn tokens for their computational contributions.

The Render Network employs a Proof-of-Render (PoR) mechanism to ensure the integrity and quality of rendered outputs. This system not only incentivises honest participation but also establishes a trustless environment for transactions within the network.

Furthermore, the whitepaper discusses the tokenomics of RNDR, including its supply, distribution, and the mechanisms in place to balance supply and demand dynamically. It highlights the potential of RNDR to revolutionise the rendering industry by making high-quality rendering accessible to a broader audience and supporting the development of immersive digital content.

In conclusion, the Render Network whitepaper presents a compelling case for the decentralisation of rendering services. By harnessing the power of blockchain technology and a distributed network of GPUs, it aims to address the limitations of current rendering solutions, fostering innovation and creativity in digital content creation.