#POLYX #Binance #Bitcoin
Polymesh is a mesh that uses OctaneRender for GPU rendering. It allows you to create, share, remix and monetize 3D assets in a decentralized way by taking advantage of blockchain technology. The Render Network is powered by the ERC-20 $POLYX standard token.
POLYX is used to pay for animation, motion graphics, and visual effects rendering jobs performed on the distributed Render Network. Users submit their jobs to the community when they need to be rendered, and the platform automatically calculates the number of POLYX tokens needed to complete the job.
The network uses a multi-level pricing (MTP) mechanism that allows users to choose the level of arithmetic capacity to complete their rendering jobs. By consolidating idle GPU resources around the world, Render Network addresses the growing rendering needs of the physical industry, establishing a collaboration between demand, supply and platform.
In the last 7 days, Polymesh (POLYX) has had a price increase of 18.90%, outperforming the global cryptocurrency market which is up 8.70%. Additionally, it has outperformed similar cryptocurrencies within the Polkadot ecosystem, which are up 16.60%2. With an outstanding amount of 1 billion POLYX, Polymesh is trading at a market capitalization of $294.62M USD2. 🚀