Crypto News N1
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Bullish
Code $RNDR is a mesh that uses OctaneRender for graphics processing. OctaneRender enables the creation, sharing, remixing and monetization of 3D assets in a decentralized manner leveraging blockchain technology.
The Render Network is powered by the ERC-20 token $RNDR. RNDR is used to pay for animation, motion graphics, and visual effects rendering jobs executed on a distributed Render network.
In the Render Network ecosystem, users submit their work to the community when it needs to be viewed. The platform automatically calculates the number of RNDR tokens needed to complete the task. This data is sent as an attachment detailing the smart contract and broadcast on the graphical display network.
The RNDR network uses a multi-tier pricing (MTP) mechanism. The tiered pricing mechanism allows users to choose the level of computational capacity they wish to use to complete their rendering tasks based on several criteria, such as speed, system settings, security, etc. The computation price is stable at each level but will be adjusted periodically based on GPU performance, GPU cloud rendering costs, and decentralized supply and demand data.
By leveraging blockchain technology to consolidate idle graphics processing resources around the world, the Render Network meets the growing graphics rendering needs of the physical industry.
The Render Network is powered by the ERC-20 token $RNDR. RNDR is used to pay for animation, motion graphics, and visual effects rendering jobs executed on a distributed Render network.
In the Render Network ecosystem, users submit their work to the community when it needs to be viewed. The platform automatically calculates the number of RNDR tokens needed to complete the task. This data is sent as an attachment detailing the smart contract and broadcast on the graphical display network.
The RNDR network uses a multi-tier pricing (MTP) mechanism. The tiered pricing mechanism allows users to choose the level of computational capacity they wish to use to complete their rendering tasks based on several criteria, such as speed, system settings, security, etc. The computation price is stable at each level but will be adjusted periodically based on GPU performance, GPU cloud rendering costs, and decentralized supply and demand data.
By leveraging blockchain technology to consolidate idle graphics processing resources around the world, the Render Network meets the growing graphics rendering needs of the physical industry.
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