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Render RENDER Price

$4.60

-0.33%

$4.47

24h Range

$4.87

Market Cap

$2,382,795,805.1

Fully Diluted Valuation

$2,964,793,196.4

24 Hour Trading Vol

$135,935,328.9

Circulating Supply

517,716,590.1

Total Supply

532,476,763.3

Max Supply

644,168,762.0

Info

RENDER Price Statistics

Render Price

$4.60

24h Range

$4.47 - $4.87

Percent Change 1h

-0.13%

Percent Change 24h

-0.33%

Percent Change 7d

-21.63%

All-time high

$13.53

All-time low

$0.037

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About Render

What is Render (RENDER)?

Render (RENDER) is a decentralized GPU rendering network that harnesses the power of blockchain technology to provide high-performance rendering services. Render Network allows users to rent out their unused GPU power to those needing rendering services, effectively creating a marketplace for rendering tasks. This technology is particularly beneficial for artists, designers, and developers working with graphics-intensive applications, such as 3D modeling, animation, and visual effects. By leveraging the collective power of distributed GPUs, Render dramatically reduces costs and time associated with traditional rendering processes.

Who are the Founders of Render?

Render Network was co-founded by Jules Urbach, who is also the CEO of OTOY, a company focused on cloud graphics and rendering. Urbach has a background in technology and media, having been involved in various startups and projects in the graphics and virtual reality sectors. His vision for Render was to democratize the rendering process, making it more accessible and affordable for creators across the globe.

How does Render Work?

Render operates on a decentralized architecture where users can connect their GPUs to the network and earn Render Tokens (RNDR) in exchange for their computing power. The process works as follows:

  • Task Submission: Users requiring rendering services submit their tasks via the Render Network platform. These tasks are encoded and sent to the network.
  • Job Distribution: The network utilizes smart contracts to distribute rendering tasks across available GPU nodes, selecting the best nodes based on performance, availability, and pricing.
  • Rendering Process: Nodes perform the rendering tasks using their GPU resources. The decentralized nature allows for faster processing times as multiple nodes can handle different parts of a task simultaneously.
  • Completion and Payment: Once rendering is complete, the results are sent back to the user, and the node operators receive RNDR tokens as payment. The system ensures transparency and security through blockchain technology.

Top Use Cases of Render

Render Network has various applications across different industries, including:

  • Film and Animation: Filmmakers and animators utilize Render for rendering high-quality visual effects and animations, significantly speeding up the production process.
  • Gaming: Game developers can offload rendering tasks to the Render Network, enabling faster development cycles and higher-quality graphics without heavy investments in hardware.
  • Architectural Visualization: Architects and designers can create realistic 3D models of buildings and spaces, allowing clients to visualize projects before construction begins.
  • Virtual Reality and Augmented Reality: Developers in the VR/AR space can render complex environments and objects more efficiently, enhancing user experiences in immersive applications.
  • Scientific Visualization: Researchers and scientists can visualize complex data sets, simulations, or models, facilitating better understanding and communication of their findings.

How to Keep your Render Safe?

Ensuring the security of your Render tokens (RNDR) and your interaction with the Render Network involves several best practices:

  • Use Hardware Wallets: Store your RNDR tokens in hardware wallets, which provide offline storage and increased security against hacks.
  • Enable Two-Factor Authentication (2FA): Always enable 2FA on your accounts related to crypto exchanges or wallets to add an extra layer of security.
  • Regular Updates: Keep your software, wallet applications, and devices updated to protect against vulnerabilities.
  • Be Wary of Phishing Attempts: Always verify URLs and avoid clicking on suspicious links or emails that may lead to phishing sites.
  • Limit Public Exposure: Avoid sharing sensitive information about your RNDR holdings or transactions publicly.

How to Invest in Render (RENDER)?

Investing in Render (RENDER) or any other cryptocurrency involves several steps:

1Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.

2Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.

3Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.

4Buy Render: Once your account is funded, you can purchase Render directly from the exchange. Choose the desired amount and complete the transaction.

Investing in Render (RENDER) Using Botsfolio:

Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in Render using Botsfolio, follow these steps:

  • Create a Botsfolio Account: Sign up for a free account on the Botsfolio platform.
  • Create Portfolio: Select an investment type from available options such as Premade crypto portfolios OR Custom crypto portfolio.
  • Connect Your Exchange: Link your chosen cryptocurrency exchange account to Botsfolio through fast connect or API key to enable seamless investing.

Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.

What is the Price Prediction for Render (RENDER) in the Long Term?

Render (RENDER) is currently trading at $4.60 and exhibits good potential for future growth. Check the latest Render (RENDER) price prediction.

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