The Render Network ($RNDR ) harnesses the power of unused GPU resources, connecting them with those in need of processing power.
it’s a solution tackling the global computing power deficit head-on, especially relevant in our burgeoning AI-driven world.
Here’s how ($RNDR ) could skyrocket in value: It uses a burn-and-mint equilibrium.
Suppose you've got spare GPU capacity; you become what’s termed a “supplier,” lending out that capability.
On the flip side, those who need it, the “end users,” can purchase your GPU power.
Payments from end users are made in $RNDR .
Then, that RNDER is burned – it’s taken out of circulation.
Meanwhile, suppliers get minted RNDR as their reward.
There's a cap on how much RNDR gets minted monthly, ensuring a steady supply.
As demand climbs more RNDR will burn. But since the minting remains constant, the supply shrinks, leading to deflation.
The balance or "equilibrium" kicks in when the price of RNDR adjusts so the burned amount equals the network’s spending.
For example, if suppliers are getting 10,000 minted tokens worth $100,000 and users spend $150,000, $50,000 worth of RNDR. needs to vanish to balance the books.
This scarcity nudges the price up until it matches user spending.
So, if the network usage surges, $RNDR 's value could too, potentially hitting those enviable triple digits.
This isn’t just optimistic talk; it’s the magic of a deflationary model in play.
Eminem recently collaborated with crypto.com with a motivational video where he poetically puts us in the skin of a fighter who has made it in spite of everything going against him.
We get to see how this fighter steps into the ring at the crypto arena.
This is a great collaboration, and everyone has to respect crypto for raising awareness of crypto in general no matter if you use their cex or not.
Hopefully we see some more legendary people joining the crypto movement and bringing more weight to our side of the scale.
Not only this, I believe it is a great entry point for traditional finance people looking to get involved in crypto.
This is because they can easily understand that their investment is a physical thing and makes it less scary.
Of course, I always want to find RWA projects with huge potential, that's why I am always on the search, and trust me, when I find one, I will be sharing it here
For now though, I am feeling pretty comfortable with my RWA section of my portfolio divided into #RIO #propsbase and #tokenfi
BlocX is leading the blockchain revolution with its innovative Layer 1 platform, where speed meets security and efficiency.
Harnessing the power of EVM and SPoS, BlocX ensures swift, secure transactions.
Beyond its impressive transaction handling and smart contract executions, BlocX's AI-powered CyblocX system fortifies its network security.
With low gas fees and a vision for up to 185,000 transactions per second, BlocX is not just advancing blockchain technology—it's reshaping its future for a global user base."
$ARC Reactor AI has emerged as a top contender in the AI space, currently ranked among the world's top 10 AI models.
This innovative platform stands out by addressing some of the most significant challenges faced by Web3 users, including the prevention of rug pulls, identification of promising investments, portfolio management, and in-depth code analysis.
With tools like the ARC dApp and ARC Reactor AI, users can efficiently manage and optimise their digital assets, receive customised news relevant to their strategies, and enhance smart contract development with advanced features such as forking, editing, and continuous auditing.
The ARC+ Subscription further enriches user experience by offering exclusive access to potential high-value projects, tailored insights, and reduced trading fees, making it a compelling platform for navigating and capitalizing on Web3 opportunities.
Carbon, or $CSIX, is making waves in the crypto world with its growing market cap and TVL, showing strong market presence with over $4 million locked in, yielding returns via their unique staking app. What's more, each DEX trade contributes to the deflationary nature of $CSIX, burning 2.5% per transaction, enhancing its value over time.
Get ready for the $CSIX merch store launch, allowing you to wear your support for Carbon while using $CSIX tokens. Exciting developments are on the horizon for $CSIX holders, with #CarbonBrowser set to introduce groundbreaking features.
Additionally, a significant airdrop awaits the top 1,000 staked wallets, marking a key reward for community engagement. Follow to stay updated with the Carbon Browser's newest version, boasting technical upgrades and AI integration.
Also, anticipate the IDO of @miradaai / $MIRX, an exclusive chance for $CSIX holders to be part of a new venture.
$TRIAS is on a rapid ascent, now boasting over 31,000 holders. Thanks to strategic partnerships, like the one with @bitgetglobal, the TRIAS ecosystem is flourishing, attracting a wave of new users and setting the stage for more high-profile exchange listings. 🤝💼
A recent deep-dive Q&A with the #Trias community has shed light on crucial topics like MainNet Migration, the ERC-20 to Polygon Transition, and the $TAS token, further fueling my enthusiasm for TRIAS. For all the juicy details, check out their Medium post! 📖🔍
Kaspa's Bright Horizon! ✨ #Kaspa is on the brink of an exciting breakthrough. With just one more development phase remaining, the new $KAS code in Rust is nearly ready to revolutionize the mainnet.
This update will introduce the DAGKnight protocol, promising to make a historical impact on the #crypto sphere. 🛠️🔗
Get ready for April and May; they're set to be groundbreaking months for #Kaspa. especially with buzz about potential Tier1 exchange listings growing louder. 📈🌟
Injective Bridge's Ionic Upgrade: A Game Changer! 🌐
Injective Labs has outdone itself with the Ionic Upgrade, revolutionizing asset transfers across various chains with its one-click bridging and minimal fees.
This upgrade signifies a major leap in interoperability, integrating big players like Ethereum, Solana, and Cosmos into a user-friendly experience. 🔄💡
With the new Wormhole Gateway integration, the bridging process is now more streamlined than ever, offering users a seamless experience.
This advancement not only enhances the Injective Bridge's efficiency but also marks a significant milestone in fostering a more interconnected Web3 world. 🌍💫
Stay tuned as Injective continues to push the boundaries, empowering developers and users alike in the evolving landscape of Web3 finance! 🚀🌐 #InjectiveCoin #INJ #injective