What is Render Token (RNDR)?
Render Token (RNDR) is a blockchain-based distributed GPU rendering network, introduced in 2017. The project leverages the power of the Ethereum blockchain to connect artists and studios in need of GPU compute power with mining partners willing to rent their GPU capabilities. RNDR is used as a digital asset to facilitate these transactions, democratizing the process of 3D content creation.
The platform aims to solve the high costs and inefficiencies in the rendering process, making it more accessible for creators. RNDR token incentivizes GPU owners to participate in the network, creating a decentralized rendering ecosystem beneficial for both creators and GPU miners.