Coins
20,981
Market Cap
$2,537.77 B USD
24H Change

+3.98%

24H Volume
$115.19 B USD
Dominance
BTC: 51.26%, ETH: 15.30%
ETH Gas
16 Gwei

RNDR

Render Token

RNDR

Add to Watchlist

$9.32 USD

N/A

(24H)

0.0001351 BTC

+17.68%

(24H)

Render Token Price Chart (USD)

Loading...

Market Cap (USD)

$3.56 B

24H VOLUME (USD)

$436.04 M

Circulating Supply

381.86 M RNDR

Max Supply

536.87 M RNDR

Total Supply

532.07 M RNDR

How does the market feel about Render Token today?

Crypto.com

How do you feel about Render Token today? Vote to see results

General Information

Social Channels

Contract Address

  • icon

    Ethereum

    0x6de037ef9ad2725eb40118bb1702ebb27e4aeb24


  • icon

    Polygon

    0x61299774020dA444Af134c82fa83E3810b309991


  • icon

    Solana

    rndrizKT3MK1iimdxRdWabcF7Zg7AR5T4nud4EkHBof

About Render Token

Rank #31

Render Token Price Summaries

Latest Data

Render Token’s price today is US$9.32, with a 24-hour trading volume of $436.04 M. RNDR is +0.00% in the last 24 hours.RNDR has a circulating supply of 381.86 M RNDR and a max supply of 536.87 M RNDR.


What is RNDR Network?

The Render Network (RNDR) connects creators who require additional computation power for rendering their scenes to providers who receive RNDR Tokens in exchange for their GPU power. It enables complicated GPU-based render tasks to be distributed and processed across a peer-to-peer (P2P) network, simplifying the transactional workflow of rendering and streaming 3D environments, models, and objects for end users.

The network’s RNDR Token is an ERC-20-compatible utility token used to pay for animation, motion graphics, and visual effects (VFX) rendering on the distributed RNDR Network, a peer-to-peer (P2P) graphics processing unit (GPU) computer network.

A brief history of RNDR Network

The RNDR Network was first envisioned by Jules Urbach, CEO of its parent company, Los Angeles-based tech company OTOY Inc., which specialises in GPU-based software solutions. The company was created with the goal of harnessing blockchain technology in order to increase the use of GPUs throughout the globe for purposes other than proof of work (PoW) for other blockchains.

The initial coin offering (ICO) took place from 6 October to 12 October 2017. During that period, a total of 4,650,922 RNDR Tokens were sold at a price of US$0.25 per token. The team stated in March 2018 that the total issued tokens in the ecosystem would be 536,870,912, and the contract migration procedure began with a 1:1 migration ratio between old and new contracts.

The Genesis mainnet release took place on 24 June 2019, when the project was moved from the Ropsten testnet to the Ethereum mainnet and beyond. The team then announced a purchase plan of 4.5 million RNDR Tokens on the Probit exchange in March 2020, taking advantage of market conditions at the time. The final product was available in April 2020.

How RNDR Network works

The Ethereum blockchain serves as the foundation for the RNDR ecosystem. This enables RNDR Token holders to keep their tokens in any ERC-20-compliant wallet. Furthermore, these tokens may be exchanged on any ERC-20-compliant exchange.

Users in the RNDR Network post their tasks to the community. The platform determines the amount of RNDR Tokens necessary to complete the task automatically. This information is then supplied as an attachment detailing the specifications of a smart contract, and the data is subsequently sent across the RNDR Network.

GPU owners use OctaneRender to perform necessary tasks. OctaneRender employs RNDR to spread the foundation of the current rendering service, and the entire procedure removes the middleman, resulting in a more responsive user experience. Users can send RNDR Tokens to the individuals performing the render work. The tokens may also be used to transmit value worldwide, and every RNDR Token transaction incurs a modest percentage fee, which is used to fund RNDR Network’s future growth and operation.

What is RNDR Token used for?

Under the protocol, anyone with a contemporary GPU may donate rendering power in exchange for tokens. Clientele may save money on hardware investment expenses if regular users generate income in a safe and simple way. RNDR Network fills the gap between GPU supply and demand in this manner.

RNDR Network aims to link media makers in need of computer power in order to complete render projects with consumers who have idle hardware they wish to monetise, with the use costs paid via RNDR Tokens. It also provides new users unfamiliar with cryptocurrency with a simple method of getting started on the network and gaining confidence by utilising RNDR Credits; which, unlike RNDR Tokens, may be acquired directly via their portal using PayPal and Stripe.

When a customer purchases RNDR Credits, those Credits are backed by RNDR Tokens acquired by the RNDR team via an exchange. This implies that when a creator uses RNDR Credits to pay for a task, node operators are compensated in RNDR Tokens for their efforts.

More about Render Token

Website

Where can you buy Render Token?

trade astronaut

Buy on Crypto.com App

Sign up for an account in minutes to buy crypto using credit card or bank transfer.

appstoregoogle play

Relevant resources

bulb icon

If you are new to crypto, use the Crypto.com University and our Help Center to learn how to start buying Bitcoin, Ethereum, and other cryptocurrencies.

bulb icon

To check Render Token's price live in the fiat currency of your choice, you can use Crypto.com's converter feature in the top-right corner of this page.

The Render Token price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies.

RNDR Price Statistics

Render Token Price

$9.32

24h high / 24h low

N/A

7d high / 7d low

N/A

30d high / 30d low

N/A

90d high / 90d low

N/A

All-time high / All-time low

N/A

Trending

Currency Converter

Amount

RNDR

RNDR

1 RNDR = 9.32 USD

Rate is for reference only. Updated

General Information

Social Channels

Contract Address

  • icon

    Ethereum

    0x6de037ef9ad2725eb40118bb1702ebb27e4aeb24


  • icon

    Polygon

    0x61299774020dA444Af134c82fa83E3810b309991


  • icon

    Solana

    rndrizKT3MK1iimdxRdWabcF7Zg7AR5T4nud4EkHBof

RNDR Price Statistics

Render Token Price

$9.32

24h high / 24h low

N/A

7d high / 7d low

N/A

30d high / 30d low

N/A

90d high / 90d low

N/A

All-time high / All-time low

N/A

Trending

Company

Copyright © 2018 - 2024 Crypto.com. All rights reserved.

Terms and Conditions

Privacy Notice

Status

Cookie Preferences

certificate: AICPA
certificate: SGS
certificate: SGS-27001
certificate: PCI-DSS
certificate: BSI