What is Render Token (RNDR) and How Does it Work?

Find out in the latest #KuCoinCryptoGem Observer blog post:

https://twitter.com/kucoincom/status/1372170734261260292

Who Created Render Token?

Render Token is the token-based product of OTOY, a company that specializes in GPU-based software solutions. OTOY was launched in 2009 as a solution to the growing disparity between the rendering requirements of 3D artists and the processing power of current CPU/GPU technology, with Render Token being its latest solution.

Jules Urbach is the co-founder of OTOY. With over 25 years experience in the computer graphics, streaming and 3D rendering industry, he has been able to build effective strategies to help revolutionize 3D rendering, as well as acting as the chief architect for the technology roadmap.

The RNDR project is backed by a team of blockchain developers and advisors, ranging from film and animation industry experts to experienced crypto entrepreneurs.

Official RNDR Chat:
https://t.me/RenderTokenOfficial

We are honored to support this cause and donate the 500 CO2e tons in carbon offsets for CarbonDrop, a NFT fundraiser for Open Earth Foundation:

https://twitter.com/RenderToken/status/1372612214973210634

RNDR ClimateAction

Join the official RNDR Chat:
https://t.me/RenderTokenOfficial

We encourage you to bid hard!


More information about our Nifty Gateway #CarbonDrop happening this Saturday - March 20th all the way through the 22nd!

👇👇👇👇
https://twitter.com/niftygateway/status/1372656365689274373

RNDR ClimateAction

Featuring:
beeple
fvckrender
kylegordonart
reisingerandres
gmunk
refikanadol
sara_ludy
MiekeMarple

Join the discussion on RNDR's chat:
https://t.me/RenderTokenOfficial

BREAKING: CoinDesk article about @RenderToken ($RNDR) ⚠️

"The collaborative effort involving RNDR, Nifty Gateway and Beeple includes carbon offsets and a donation to the Open Earth Foundation. [..]

This collaborative effort also involves input from RNDR, a system that incentivizes idle GPU compute power to help render digital media effects like CGI."

https://www.coindesk.com/artists-back-green-nft-sale-citing-concerns-over-cryptos-environmental-impact

Share the story on Twitter!
https://twitter.com/CoinDesk/status/1372976939019948037

Join the discussion on RNDR's chat:
@RenderTokenOfficial

On now! #CarbonDrop Clubhouse is now going on at

👉 https://www.joinclubhouse.com/event/M6VgEvwo

Today 6 pm PST / 9pm EST

OEF Founders Martin and Katherine, Jehan Chu from Social Alpha Foundation, Artists from the #CarbonDrop and RNDR Team!

🔔 RNDR Live On CNBC Today 🔔

OTOY and RNDR CEO Jules Urbach was live on CNBC Closing Bell and discussed the impact of OctaneRender's Apple AppStore launch, the value of the RNDR network for artists including Beeple and Pak, and the future blockchain technology and NFT's.

https://twitter.com/RenderToken/status/1374122326153965569

"This is the wild west of NFTs, we're in the Napster days," says CEO Jules Urbach. "There's a lot still to be done and we see our role in that expanding as that progresses."

CarbonDrop auction raised $6,662,054 in a NFT fundraiser that took place on Nifty Gateway for Open Earth Foundation.

RNDR is honored to support this cause and donate the 500 CO2e tons in carbon offsets.

Big thank you to all the participating artists!

👉 Beeple
👉 Refik Anadol
👉 Sara Ludy
👉 Andres Reisinger
👉 Kyle Gordon
👉 FVCKRENDER
👉 GMUNK
👉 Mieke Marple

Big shout-out also to the organizers!

💎 Social Alpha foundation
💎 Nifty Gateway

More information:
https://www.carbondrop.art

NFT cryptoart RNDR ClimateAction

🚨 RNDR will be listed on Huobi Global TODAY 🚨

We are excited to welcome new users to the rendering revolution!

https://twitter.com/RenderToken/status/1374921513724309509
https://twitter.com/HuobiGlobal/status/1374973358589153286

Project info:
https://know.rendertoken.com/

Token metrics:
https://know.rendertoken.com/token-metrics/

Official Chat:
https://t.me/RenderTokenOfficial

About Render Token (RNDR)

RenderToken.com (RNDR®) is a high-performance distributed GPU rendering network built on OctaneRender®, the world’s first and fastest GPU-accelerated, unbiased, physically correct renderer by OTOY Inc. The network facilitates a compute & virtual asset (NFT) marketplace between Node Operators and Requestors.

OTOY’s Academy Award®-winning technology is used by leading visual effects studios, artists, animators, designers, architects, and engineers, providing new economics in content creation and distribution powered by the cloud.

The RNDR network launched and has been fully operational since April 2020.

We asked our digital art NFT community what they like about RNDR, our 3D cloud rendering network, and what they told us was exactly what we hoped for: more room for your creativity!

Share the tweet!
https://twitter.com/RenderToken/status/1374922106077466625

Special thanks to Andrey Lebrov, Kyle Gordon, David Ariew, Smeccea, toomuchlag, FVCKRENDER, Blake Kathryn, Cornelius Dämmrich and Beeple for appearing in this video.

More info on how to use RNDR:
know.rendertoken.com

$RNDR trading is LIVE on Huobi!

Share!
https://twitter.com/HuobiGlobal/status/1374973358589153286

Huobi
huobi.com/en-us/exchange/rndr_usdt
huobi.com/en-us/exchange/rndr_btc
huobi.com/en-us/exchange/rndr_eth

KuCoin
trade.kucoin.com/RNDR-USDT
trade.kucoin.com/RNDR-BTC

Gate_io
gate.io/trade/RNDR_USDT
gate.io/trade/RNDR_ETH

Project info:
know.rendertoken.com

Token metrics:
know.rendertoken.com/token-metrics/

About Render Token (RNDR)

RenderToken.com (RNDR®) is a high-performance distributed GPU rendering network built on OctaneRender®, the world’s first and fastest GPU-accelerated, unbiased, physically correct renderer by OTOY Inc. The network facilitates a compute & virtual asset (NFT) marketplace between Node Operators and Requestors.

OTOY’s Academy Award®-winning technology is used by leading visual effects studios, artists, animators, designers, architects, and engineers, providing new economics in content creation and distribution powered by the cloud.

Chat: @RenderTokenOfficial

We can officially confirm that we have partnered with Coinbase Custody to bring their support to the RNDR userbase.

Share the tweet!
https://twitter.com/RenderToken/status/1375161314717298691

As an important first step @CoinbaseInsto now supports deposits and withdrawals for RenderToken's $RNDR at custody.coinbase.com.

Join the discussion on the official RNDR chat:
@RenderTokenOfficial

OTOY and RNDR are beyond grateful for the longstanding relationship with world famous digital artist Beeple.

🤍

He wrote art history with the first purely digital artwork NFT ever offered at auction house Christie's Inc. The auction closed with a bid of over $69 million, making him the third-most-valuable living artist.

Yesterday Beeple tweeted about RNDR, congratulating OTOY for the great success the company has with all their endeavors, in distributed cloud rendering, porting their software to the Apple ecosystem and even teasing AMD GPU's being supported for their software OctaneRender.

The majority of Beeple's artworks and animations have been created using this rendering software.

"HELLSSSS YESSS!!!! this is a massive massive part of my workflow and a tool that I use every single day for making these pictures!!!! 🔥🔥🔥🔥🔥🔥"

https://twitter.com/beeple/status/1375146633437057026

Thank you Mike!!!!!!!!!!!

It was a intense month and we at RNDR have been blessed to get so many opportunities to participate the exciting journey of digital art together with Beeple.

👉 RNDR participated the historical moment for digital art with Beeple, officially streaming and recording the Christie's auction as the last bids came in.
https://twitter.com/RenderToken/status/1370054605573398534

👉 RNDR helped organize CarbonDrop together with Beeple and other amazing artists, together raising $6.6 million for Open Earth Foundation:
https://twitter.com/RenderToken/status/1374190213908553729

👉 Beeple himself is a part of the RNDR family. We Are RNDR!
https://twitter.com/RenderToken/status/1374922106077466625

Join the discussion on the official RNDR chat:
@RenderTokenOfficial

Polygon (Matic) and RNDR introduce a Layer 2 Scaling solution

Today we are excited to announce that RNDR has implemented a Layer 2 scaling solution designed to reduce transaction costs and time down to a fraction of their current states, and reduce the environmental impact of operating within the ETH ecosystem, transitioning RNDR transactions from a high impact Proof-of-Work model to a lower energy intensive Proof-of-Stake system.

In the article we explain how this Ethereum//Polygon bridge works and what it means for users:
https://rendertoken.medium.com/b3198eab7c2f

Share the tweet!
https://twitter.com/0xPolygon/status/1375439195737448451

To begin moving your tokens onto the Polygon (Matic) network, go to:

https://wallet.matic.network/bridge.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure transactions for your Dapp, get started here:

https://docs.matic.network/docs/develop/getting-started/

Join the discussion:
@RenderTokenOfficial

RenderToken: ☁️ Democratizing GPU cloud rendering now uses Polygon

Los Angeles based company OTOY built the RNDR Network as a foundation for monetizing authorship of virtual creations in the open Metaverse with NFT's.

👉 Artists use $RNDR to pay for animation, motion graphics and VFX rendering.

👉 The Render Network is currently rendering 100,000 video frames per week, requiring many payment transaction between artists and operators.

👉 To reduce carbon footprint and transaction costs, they have adopted a new $RNDR payment system via @0xPolygon's Layer2 Proof of Stake technology.

👉 Polygon's Proof of Stake chain secures transactions using much less energy, with 90 validators, compared to the Layer1 #PoW network.

🌎 The future is faster, low-cost, low-energy, greener payments on Ethereum.

💡 Learn more from our Knowledge Base and by joining the RNDR Telegram