Render Token price today is $1.16 USD, which is Up by 1.61% over the last 24 hours. There has been an hourly Rise by 3.96%. Render Token's market cap currently sits at $419,859,351.01 USD, holding up for a market cap rank at #92. The volume were at $32,780,398.58 USD Render Token ranks no 92 in the market capitalization of Render Token is at $419,859,351.01 and its volume for 24 hours is $32,780,398.58. Render Token are under circulation, with total supply of 530.96M and the Maximum supply of 536.87M.

What is Render Token (RNDR)?

Rander Token (RNDR) is an Ethereum Blockchain-based distributed GPU randing network that aims to connect artists and studios needing GPU computing power.

A 3D rendering industry revolution will be ushered in with Render Token (RNDR). Using blockchain technology, RNDR enables creators to access powerful computers to render tasks safely, efficiently, and securely.

The Render Network allows anyone to join, rent, or create computational resources to speed up rendering. In addition to connecting creatives with Render Nodes, RNDR helps speed up, simplify, and secure rendering by harmonizing the two harmoniously.

The rendering platform lets anyone crowdsource 3D projects and trade digital assets, enabling the creation of an ecosystem of digital assets, apps, and ideas.

Video game design, virtual reality experiences, and beyond can benefit from Render Token's GPU-powered renders - allowing entire media industries to produce high-quality visuals in a fraction of the time.

Furthermore, RNDR tokens are given out to encourage users to join the network by rewarding them for donating their computing power. Render Nodes and creators benefit from the token's value increasing as demand increases.

How does Render Token (RNDR) work

GPU providers (node operators) trade RNDR for GPU compute power on the network in exchange for RNDR. To verify all artwork has been rendered successfully before payment disbursement and art release, RNDR employs both automatic and manual proofs of work systems. To render proprietary assets, the Ethereum blockchain is used to hash uploads and send them piecemeal to nodes.

RNDR payments are released to node operators following the commissioning artist's manual verification of successful work. Until payment is successfully disbursed, all assets rendered on the network are watermarked, after which they can be downloaded unwatermarked. All revenue is held in escrow until it has been manually verified that it was rendered correctly.

Our vision was only realized with Ethereum's widespread adoption. Instead of simply mining currencies with GPUs, we use their intrinsic capabilities to render and leverage the blockchain's network, incentive, and trust features.

Founder of the Render Token

Based in Los Angeles, OTOY CEO Jules Urbach founded the protocol. An entrepreneur by trade, Urbach has founded several companies. He developed Hell Cab at age 18, after indefinitely deferring Harvard.

A 3D game he produced for Shockwave.com was produced by Groove Alliance later that year. Following his work at OTOY, Urbach founded LightStage, which developed cutting-edge scanning technology, and OTOY, which delivered high-quality graphics.

He founded the Render Network and has dedicated his life to revolutionizing 3D content creation, capture, and delivery ”.

History of Render Token (RNDR)

In addition to being a subsidiary of OTOY, Render Token is also an independent company. It was launched in 2008 when OTOY entered the market. 2017 marked the official launch of Render Token on the platform. Platform usage has increased significantly since then. In all, OTOY employs more than 60 people and operates out of four offices. Located in Los Angeles, California, the company's headquarters are.

Is Render Token a Good Investment for This Month?

RNDR has rallied in the last seven days due to intense speculative activity in futures derivative markets and whale transactions. Although the token seems overbought regarding the Network Value to Transaction (NVT) ratio, it is far from oversold.

Like the price-to-earnings ratio used in equity markets, NVT compares the market capitalization of assets to the daily transaction volume.

While its NVT ratio has hovered below 100 since mid-January, it has declined from its 950.3 peak on January 2. Render Network's rally will likely continue through mid-Feb due to increasing transaction volumes and rising Open Interest.

In contrast, top exchange predictions are solidly bearish, as the bears outpace the bulls.

The Long/Short ratio at the close of February 7 has remained below 1:1 for five consecutive days, according to Coinglass. In light of this, investors should proceed with mild caution. The Long/Short ratio shows more investors are positioning for an upcoming correction by making additional SHORT bets against RNDR.

What benefits of Render Token (RNDR)?

Render Token offers a wide range of benefits. Any GPU with modern technology can participate in the protocol in exchange for tokens. Clientele can save on hardware investment costs in a secure and simplified manner. Thus, Render Tokens (RNDR) bridge the supply and demand gap for GPUs.

Digital Rights Management

Render Token is also seeking digital management systems as a core development objective. In the current technological climate, there is no universally accepted, globally accessible location where content creators can store their content. Currently, there are only centralized options available on the market. As a result, creators are vulnerable to censoring and deleting their data by centralized platforms.

To ensure the creator's rights are protected, Render Token uses the unalterability of blockchain technology. Additionally, these works can be accessed and registered by the system. The use of their work can be better controlled in this way by artists and content developers. As a bonus, royalty payments can be automated via the network. Developers will be able to achieve a higher ROI with these systems.

Scalability

Render requires a scalable network as one of its core requirements. To meet growing demands, GPU rendering networks must scale up linearly. The protocol uses blockchain technology for efficiency, power, and capabilities as an alternative to current market options. Users of Render Token can process complicated files that might otherwise prove challenging.

Options

There are more options available to users of Render Token. They can create a robust environment. Developing interactive and immersive landscapes becomes easier with the network's expandability.

Render Token (RNDR) Token Matrices

Token Name	Render Token
Ticker	RNDR
24h Volume	$ 215.84 million ($ 215,836,500)
Market cap	$ 816.32 million ($ 816,324,038)
Fully diluted market cap	$ 813.61 million ($ 813,610,932)
Circulating supply	532.76 million RNDR (532,758,390.97 RNDR)
Total supply	530.99 million RNDR
Max supply	530.99 million RNDR
Ethereum contract address	0x6de037ef9ad2725eb40118bb1702ebb27e4aeb24
Issuance blockchains	Ethereum, Polygon

Where is the Render Token (RNDR) coin available?

Render Token (RNDR) is available on a variety of cryptocurrency exchanges. The list of quick, secure, and easy exchanges is listed below.

KuCoin
OKX
Gate.io
Kraken

You can check the whole list of exchanges here to buy Render Token (RNDR)

Render Token Price Prediction

The current Render Token price is $1.16. In the last 24 hours, Render Token price has gone up by 1.61%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Render Token price prediction.

Portfolio Tracker

Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Render Token at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.

By exchanging RNDR against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Render Token can be earned or received in various ways. RNDR considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the RNDR, including RNDR to PHP, RNDR to INR, RNDR to NGN, RNDR to THB, RNDR to CAD, RNDR to PKR, RNDR to IDR , RNDR to EUR , RNDR to AUD , RNDR to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.

Would you like to know how many cryptocurrencies 1 RNDR is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like RNDR to ARB, RNDR to XRP, RNDR to SHIBONE, RNDR to BNB, RNDR to SHIB, RNDR to ID, RNDR to BTC, RNDR to KAS .

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How much is a one Render Token worth now?

The current price of the Render Token(RNDR) is $1.16, with a current market cap $419,859,351.01.

What is the Render Token max supply?

The maximum supply of the Render Token(RNDR) is around 536.87M.

What is the Render Token stock symbol or ticker?

RNDR is a ticker symbol of the Render Token.

How many RNDR coins are there in circulation?

At the movement,361.44M Render Token tokens are already in the market out of 530.96M RNDR.

How can I invest in Render Token?

There are many options for buying crypto, and Render Token can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Render Token. It's a quick, easy, and secure way to buy Render Token(RNDR).

Is Render Token a stablecoin?

No, It is not a stablecoin.

What was the lowest price for Render Token?

Render Token had an all-time low of $0.0367.

What was the Highest price for Render Token?

Render Token had an all-time low of $0.0367.

How old is Render Token?

Render Token was created on 10 June 2020.

Can Render Token be mined?

No, the Render Token (RNDR) coin cannot be mined.

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RNDR Price Statistics

Render Token Price Today

RNDR Price	$1.16
Percentage Change ( 24h )	▲1.61% $0.0705
24h High / Low	$1.16 / $1.09
Trading Volume 24h	$32,780,398.58
Volume / Market Cap	0.07807
Market Dominance	0.04%
Market Rank	92