-
Cryptocurrencies
-
Exchanges
-
Media
All languages
Cryptocurrencies
Exchanges
Media
RNDR network is a point-to-point GPU computing network that connects creators who require additional computing power to render scenes and providers who receive RNDR tokens to obtain their GPU capabilities. It allows the distribution and processing of complex GPU-based rendering jobs on a P2P network, allowing end users to render and stream transactional processes for 3D environments, models, and objects more easily.
RNDR is a practical ERC-20 compatible token that pays for animation, motion graphics and VFX rendering on distributed RNDR networks.
The idea for the RNDR network was originally conceived in 2009 by Jules Urbach, CEO of its parent company, Los Angeles tech company OTOY Inc., which specializes in GPU-based software solutions. The idea behind the RNDR network is to use blockchain technology to improve the use of GPUs around the world, rather than the proof of work of other blockchains. In short, RNDR intends to connect media creators who need computing power to those who are idle hardware and want to profit from it to perform rendering efforts. RNDR tokens are used to pay usage fees to these users. It also allows new users who are not familiar with cryptocurrencies to easily start the network while feeling comfortable using RNDR points. Unlike RNDR tokens, RNDR Credits can be purchased using PayPal and Stripe, directly through the RNDR portal. When a user purchases RNDR points, these points are backed by the RNDR tokens purchased by the RNDR team from the exchange. This means that when the creator uses RNDR Credits to pay for work, the node operator will pay for the RNDR tokens of their work