Render (RNDR) is a cryptocurrency and token that powers the Render Network, a platform designed to facilitate distributed graphics processing. The goal of Render Network is to democratize GPU cloud rendering by connecting users in need of rendering services with idle GPUs.
RNDR token enables seamless and easy transactional processes for streaming and rendering 3D models. It is used within the Render Network ecosystem for exchanging rendering and streaming services, and it is stored on the Octane Render Cloud network. The Render Network aims to foster a marketplace for digital assets and include crowdsourced 3D projects.
RNDR tokens can be bought and sold on various exchanges. Additionally, RNDR Credits provide an artist-friendly mechanism within the network. The token was founded by Jules Urbach in 2016, with a total supply of 504,793,762 tokens and a maximum supply of 536,870,912 tokens. New RNDR tokens are introduced into the ecosystem through user acquisitions, airdrops, bonuses, and other allocation methods.
