RNDER (Render Network)
Recent ticker change from RNDR to RENDER
Core Concept:
Decentralized GPU rendering network for 3D graphics and visual effects.
Recent Video Interview
Main points of the interview:
- Shift to Solana for improved scalability and cost efficiency.
- Anticipates AI-driven immersive experiences, gaming, and democratization of rendering access.
- Apple Vision Pro integration highlights potential for high-quality rendering in apps.
- Emphasizes community involvement, upgrade rewards, and global expansion efforts.
Key Features:
- P2P network for efficient, cost-effective rendering
- Blockchain-based secure transactions
- Supports metaverse and next-gen digital content creation
RNDR Token:
- ERC-20 utility token for GPU compute power exchange
- Proof of render system for payment verification
Use Cases:
- 3D rendering for artists and businesses
- Visual effects processing
- Metaverse infrastructure development
Future Potential:
- Integration with AI-powered content generation tools
- Expansion into cloud gaming and virtual production
- Development of specialized rendering services for emerging technologies (e.g., holographic displays, AR/VR)
- Potential partnerships with major film studios and game developers
Render Price Analysis
As of November 24 2024 Render has a marketcap of $4B.
This is {{percentagefromath}} from its all time high of $13.53.
In terms of its tokenomics, there's a total supply of 532M with 97% currently outstanding.
Keep in mind Render has a fully diluted value of $4.2B which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
