Price: $9.81
Market Cap: $3,794,283,061
1 Month Performance: 1.68%
1 Year Performance: 347.90%
All-Time High: $13.66
$RNDR (Render Token) is a decentralized rendering network built on blockchain technology. It provides a platform for distributing and monetizing rendering resources, offering a more efficient and scalable solution for rendering tasks compared to traditional methods. At its core, RNDR enables users to access a decentralized network of rendering nodes to process complex rendering tasks. This distributed approach improves efficiency by allowing tasks to be processed in parallel across multiple nodes, leading to faster turnaround times and lower costs for users. The network operates on its native cryptocurrency called Render Token (RNDR), which serves as the medium of exchange within the ecosystem. Users can earn RNDR tokens by contributing rendering resources to the network or purchase them to access rendering services on the platform. RNDR also features a rendering marketplace where users can buy and sell rendering services using RNDR tokens. This marketplace provides individuals and organizations with a streamlined way to access rendering resources and monetize their idle computing power. Blockchain technology underpins RNDR, ensuring transparency, security, and immutability within the network. Smart contracts are used to facilitate transactions and enforce agreements between users and rendering nodes, further enhancing the trust and efficiency of the platform.