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1 Year | 5 Year | 5 Year Annualized | Since IPO | |
---|---|---|---|---|
RENDER | -52.83% | +1,824.46% | +80.66% | +4,728% |
S&P | +14.5% | +93.32% | +14.09% | +120% |
Render is a decentralized GPU-based rendering platform using blockchain technology. Founded by Jules Urbach, CEO of OTOY, Render's native cryptocurrency, Render Token (RNDR), facilitates a marketplace for trading GPU power for digital content creation. Users needing rendering services can compensate those offering GPU resources with RNDR. The token also represents the computational work for digital renders, setting the value of rendering work within the Render Network. You can acquire RNDR tokens on various cryptocurrency exchanges and use them within the Render ecosystem.
The GPU-driven token could benefit from the growth of the AI market.
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