Render
Current price
$1.83
−7.42%24h
LiveUpdated 34s ago
TodayRender drops 7.4%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.38%
- 24 hours−7.42%
- 7 days−7.98%
- 30 days+34.75%
- 1 year−30.56%
Render's move in context
Lagging the market today
−7.42% today against −3.26% for the market as a whole, a gap of 4.2 points. A gap this wide suggests something specific to Render may be moving it, not just the market mood.
Trend has turned
−8.0% over 7 days and +34.8% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Render
Render Token: Decentralized GPU Rendering for the Creative Industry
Render Token (RNDR) is a decentralized network that connects creators with GPU computing power to render their digital content. Launched by OTOY, a leading cloud graphics company, Render Token aims to revolutionize the creative industry by providing a more efficient, cost-effective, and scalable solution for rendering complex 3D graphics, animations, and visual effects. By leveraging blockchain technology and the idle GPU power of participants in the network, Render Token enables creators to access the computing resources they need at a fraction of the cost of traditional rendering services. This decentralized approach not only democratizes access to high-performance rendering but also fosters innovation and creativity in the digital content industry.
Key Aspects of Render Token
Decentralized GPU Rendering: Render Token operates as a decentralized network that connects creators with GPU power providers who rent out their idle computing resources in exchange for RNDR tokens. This decentralized model allows creators to access the GPU power they need to render their digital content more quickly and cost-effectively than traditional cloud-based rendering services. By tapping into a global network of GPU providers, Render Token offers a scalable solution that can handle even the most demanding rendering tasks, making it an ideal choice for artists, animators, and visual effects professionals.
Incentive Mechanism: The Render Token network uses a unique incentive mechanism to reward participants who contribute their GPU power to the network. GPU providers earn RNDR tokens based on the amount of computing power they supply and the complexity of the rendering tasks they complete. This creates a competitive marketplace where providers are incentivized to offer high-performance GPU power at competitive rates, driving down the cost of rendering services and making them more accessible to creators worldwide.
Blockchain-Based Security and Transparency: Render Token leverages blockchain technology to ensure the security, transparency, and integrity of the rendering process. All transactions and rendering tasks are recorded on the blockchain, providing a verifiable and immutable record of the work completed. This transparency not only builds trust between creators and GPU providers but also ensures that payments are made accurately and promptly. Additionally, the use of smart contracts automates the execution of rendering tasks and payments, further enhancing the efficiency and reliability of the network.
Support for Emerging Technologies: Render Token is designed to support the rendering of content for emerging technologies such as virtual reality (VR), augmented reality (AR), and mixed reality (MR). These technologies require significant GPU power to create immersive and realistic experiences, making Render Token an ideal solution for creators working in these cutting-edge fields. By providing affordable and scalable rendering services, Render Token enables creators to push the boundaries of what is possible with VR, AR, and MR, driving innovation and growth in these industries.
Community and Ecosystem Growth: Render Token has built a strong and vibrant community of creators, GPU providers, and developers who are passionate about advancing the state of digital content creation. The network's ecosystem continues to grow as more participants join and contribute their resources and expertise. This collaborative environment fosters innovation and allows the Render Token network to continuously evolve and improve, ensuring that it remains at the forefront of the creative industry's technological advancements.
Future Prospects: As demand for high-quality digital content continues to rise, Render Token is well-positioned to become a leading platform for decentralized GPU rendering. The network's innovative approach to leveraging idle GPU power, combined with its strong community and support for emerging technologies, makes it an attractive option for creators and GPU providers alike. With ongoing developments and enhancements, Render Token is likely to see increased adoption and usage across a wide range of industries, from gaming and entertainment to design and architecture.
Render market
- Position by market cap among the coins we track.
- #62
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $951.44M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $1.83High $2.01
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $13.61
- Now 13% of itReached 17 Mar 2024 · Needs +642% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 518.78M RNDR
- 81% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 533.54M RNDR
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 644.17M RNDR
- The most coins that can ever exist. Some coins have no limit.
Render converter
1 Render = $1.83