RNDR is the utility token of the Render Network, a provider of decentralized GPU based rendering solutions.
RNDR is an ERC-20 token which serves as the utility token used to pay for animation, motion graphics, and VFX rendering on the Render Network. The Render Network is a provider of decentralized GPU-based rendering solutions. The project consists of three major components working in conjunction: (a) creators, (b) node operators, and (c) OctaneRender. Using the Render Network, creators can tap into GPU power to render final images at higher speeds and lower costs than previously available. Node operators rent out their spare GPU to creators and receive RNDR tokens for time spent rendering.
Crypto for Good: Render Network Sponsors NFT Charity Project
The “Carbon Drop” gathered a group of concerned artists, nonprofits, companies and technology platforms working together to make a statement on climate change. With support from the Render Network, all proceeds went to the Open Earth Foundation, a US-based 501c3 nonprofit, raising funds to develop innovative open digital infrastructure for improved management of planet Earth.
