Render Price (RNDR-USD)

Founded in 2016 by Jules Urbach and built on Ethereum, Render provides distributed GPU rendering solutions on the blockchain. It distributes and processes GPU-based render jobs on a peer-to-peer network, providing computing power to artists and studios on the network. The network transforms GPU computing power into a decentralized economy of connected 3D assets. Render provides GPU power where it is needed at a low cost and at speed. Once on the network, GPU owners become node operators and can earn RNDR tokens by accepting jobs from creators. The network uses a Proof-of-Work mechanism to ensure a commissioned work of art is successfully rendered and only then releases the payment from escrow. Render aims to include crowdsourced 3D projects to digital rights management and create a marketplace for digital ideas, assets and applications. The max supply of RNDR tokens is capped at nearly 537 million.