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09.16.2024

Render

Last Updated: August 28, 2024

Render Network is a provider of decentralized GPU based rendering solutions, revolutionizing the digital creation process. The ecosystem empowers artists and developers to build services and applications for the emerging digital economy. 

RENDER is the native token.

Background

Conceived in 2009 by OTOY, inc. CEO Jules Urbach, the Render advisory board is comprised industry leaders who are able to help bridge the gap between crypto and Hollywood communities such as Ari Emanuel (Co-Founder and Co-CEO, WME), JJ Abrams (Chairman and CEO, Bad Robot Productions), Brendan Eich (Founder and CEO, Brave Software and BAT), Emad Mostaque (Founder of Stability AI and Schelling AI), and digital artist, Beeple.

Launch

Launched in 2017, RENDER (formerly RNDR) held its first public token sale in October of that same year, followed by a private sale period lasting from January 2018 – May 2018. During the private sale period, early adopters were onboarded onto the  Beta Testnet, where beta node operators and artists worked collaboratively with the RENDER team in building and testing the network, up until its public launch on April 27th 2020.

How does it work?

The network connects node operators looking to monetize their idle GPU compute power with artists looking to scale intensive 3D rendering work and applications to the cloud. Through a decentralized peer-to-peer network, the Render Network achieves unprecedented levels of scale, speed, and economic efficiency. On top of a decentralized GPU computing network, Render provides a platform for artists and developers to build services and applications for the emerging digital economy.

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