cryptocurrency widget, price, heatmap
arrow
Burger icon
cryptocurrency widget, price, heatmap
Cryptocurrencies/Coins/Render Token (RNDR)
Render Token price, market cap on Coin360 heatmap

Render Token(RNDR)

Arrow icon
Add to Watchlist
$6.9066
(1.83%)
0.00010311 BTC
Market Cap (Rank#38)
$2,710,575,232
40,465 BTC
Vol 24h
$47,051,654
702.417 BTC
Circulating Supply
392,459,381.46
Max Supply
536,870,912

Coin widget

Primary display currency
USD
Arrow icon
Secondary display currency
BTC
USD
None
Colors:

Top 10 Coins by Market Cap Widget

About Render Token?

The live price of Render Token (RNDR) today is 6.9066 USD, and with the current circulating supply of Render Token at 392,459,381.46 RNDR, its market capitalization stands at 2,710,575,232 USD. In the last 24 hours RNDR price has moved 0.3355 USD or 0.05% while 44,482,312 USD worth of RNDR has been traded on various exchanges. The current valuation of RNDR puts it at #38 in cryptocurrency rankings based on market capitalization.

Learn more about the Render Token blockchain network and how it works or follow the price of its native cryptocurrency RNDR and the broader market with our unique COIN360 cryptocurrency heatmap.

Introduction

Render Token (RNDR) is a decentralized platform that enables users to access and utilize high-performance computing resources for rendering complex graphics and animations. The platform is built on blockchain technology, providing a secure and transparent environment for users to access computing power from a global network of nodes. Render Token aims to revolutionize the rendering industry by providing a cost-effective and efficient solution for rendering complex graphics and animations.

Technology & Mechanism

Consensus Mechanism

Render Token uses a Proof-of-Work (PoW) consensus mechanism to secure its network. This mechanism requires users to solve complex mathematical problems to validate transactions and add new blocks to the blockchain. The PoW consensus mechanism ensures that the network is secure and resistant to attacks.

Blockchain Technology

Render Token operates on the Ethereum blockchain, which is a decentralized platform that enables the creation of smart contracts and decentralized applications (dApps). The Ethereum blockchain provides a secure and transparent environment for users to access computing power from a global network of nodes. Render Token also utilizes the ERC-20 token standard, which ensures that the token is compatible with other Ethereum-based tokens and can be easily traded on cryptocurrency exchanges.

Key Features

Scalability

Render Token is designed to be highly scalable, enabling users to access computing power from a global network of nodes. The platform utilizes a decentralized network of nodes, which ensures that computing power is distributed evenly across the network. This ensures that the platform can handle large volumes of rendering requests without experiencing any downtime or performance issues.

Security

Render Token utilizes blockchain technology to provide a secure and transparent environment for users to access computing power. The platform is built on the Ethereum blockchain, which is a decentralized platform that provides a high level of security and transparency. The platform also utilizes a PoW consensus mechanism, which ensures that the network is secure and resistant to attacks.

Privacy

Render Token provides a high level of privacy for users, ensuring that their data and rendering projects are kept confidential. The platform utilizes a decentralized network of nodes, which ensures that users' data is not stored in a central location. This ensures that users' data is secure and cannot be accessed by unauthorized parties.

Decentralization

Render Token is a decentralized platform that enables users to access computing power from a global network of nodes. The platform is built on blockchain technology, which ensures that the network is decentralized and resistant to attacks. This ensures that users have full control over their rendering projects and that the platform is not controlled by any central authority.

Development Team & Governance

Render Token is developed by OTOY Inc., a leading provider of cloud rendering services. The company is led by Jules Urbach, a renowned computer graphics expert who has been working in the industry for over 20 years. The platform is governed by a decentralized network of nodes, which ensures that the platform is not controlled by any central authority.

Use Cases & Potential Impact

Render Token has a wide range of use cases, including film and television production, video game development, and architectural visualization. The platform provides a cost-effective and efficient solution for rendering complex graphics and animations, enabling users to complete their projects faster and at a lower cost. Render Token has the potential to disrupt the rendering industry by providing a decentralized and cost-effective solution for rendering complex graphics and animations.

Purchase & Storage

How to Buy

Render Token can be purchased on several cryptocurrency exchanges, including Binance, Bitfinex, and Huobi. Users can purchase RNDR tokens using Bitcoin, Ethereum, or USDT.

Wallets & Storage

RNDR tokens can be stored in any Ethereum-compatible wallet, including MyEtherWallet, MetaMask, and Ledger Nano S. It is recommended that users store their RNDR tokens in a hardware wallet to ensure maximum security.

Partnerships & Collaborations

Render Token has partnered with several leading companies in the rendering industry, including NVIDIA, Amazon Web Services, and Google Cloud. These partnerships enable Render Token to provide users with access to high-performance computing resources from leading providers.

Roadmap

Render Token has several upcoming features and enhancements planned, including the integration of additional rendering software and the development of a decentralized rendering marketplace. The platform also plans to expand its network of nodes to provide users with access to even more computing power.

Risks & Challenges

One of the main challenges facing Render Token is the competition from other rendering platforms. However, the platform's decentralized and cost-effective solution provides a unique value proposition that sets it apart from other platforms. Another challenge facing Render Token is the scalability of the platform, as the demand for rendering services continues to grow.

Community & Regulatory Compliance

Community

Render Token has a strong and active community of users and developers who are passionate about the platform. The community is actively involved in the development of the platform, providing feedback and suggestions to improve the platform.

Regulatory Compliance

Render Token is committed to complying with all applicable laws and regulations, including KYC and AML regulations. The platform also ensures that all transactions are transparent and traceable, providing a high level of security and compliance.

Conclusion

Render Token is a decentralized platform that provides a cost-effective and efficient solution for rendering complex graphics and animations. The platform is built on blockchain technology, providing a secure and transparent environment for users to access computing power from a global network of nodes. Render Token has the potential to disrupt the rendering industry by providing a decentralized and cost-effective solution for rendering complex graphics and animations.
Render Token Price6.9066 USD
Market Rank#38
Market Cap2,710,575,232 USD
24h Volume47,051,654 USD
Circulating Supply392,459,381.46 RNDR
Max Supply536,870,912 RNDR
Yesterday's Market Cap2,752,185,856 USD
Yesterday's Open / Close6.6772 USD / 7.0127 USD
Yesterday's High / Low7.0127 USD / 6.5649 USD
Yesterday's Change
0.05% ( 0.3355 USD )
Yesterday's Volume44,482,312 USD
Select...
/
Select...
Powered by  Cryptocurrency prices in USD, market cap, volume
Sorry, no liquidity for this pair
Explorers
Community
twitter icon
Related Coins
SHIBA INU price, market cap on Coin360 heatmap
SHIBA INU (SHIB)
Wrapped Bitcoin price, market cap on Coin360 heatmap
Wrapped Bitcoin (WBTC)
Chainlink price, market cap on Coin360 heatmap
Chainlink (LINK)
Polygon price, market cap on Coin360 heatmap
Polygon (MATIC)
Unus Sed Leo price, market cap on Coin360 heatmap
Unus Sed Leo (LEO)
Uniswap price, market cap on Coin360 heatmap
Uniswap (UNI)
cryptocurrency widget, price, heatmap
v 5.6.33
© 2017 - 2024 COIN360.com. All Rights Reserved.