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What is Render Token (RNDR)? | Render Token Explained in Under 60 Seconds
What is Render Token (RNDR)?
The Render Network (RNDR) provides distributed GPU rendering solutions on the blockchain, forming a decentralized economy of connected 3D assets.
Render Token (RNDR) - The network is powered by its ERC20 utility token $RNDR. Used as the primary unit to exchange GPU rendering & streaming services.
Advanced Rendering - The use of RNDR tokens provides an infrastructure elasticity needed for the rendering of compute intensive, ultra high resolution jobs such as virtual reality & augmented reality.
Idle GPU Contribution - With cloud rendering technology, RNDR allows anyone with a modern GPU to contribute rendering power in exchange for tokens. Render job requests are connected with idle GPU devices for processing.
Node Operators - Node Operators are GPU owners that register idle GPUs on the peer-to-peer Render Network. As GPU providers, node operators are able to earn RNDR tokens for their contribution to the network.
OctaneRender - OctaneRender allows owners (node operators) to connect GPUs to the Render Network to receive and complete rendering jobs.
Scale & Efficiency - Using technology such as OctaneRender Scene AI & OBRX workflow, the Render Network offers new levels of scale and efficiency for holographic work.
WEBSITE: Rendertoken.com
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