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/biz/ - Business & Finance

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20269544 No.20269544 [Reply] [Original]

With OTOY’s OctaneRender, the RNDR Network is capable of producing cinema quality renders in a fraction of the time of traditional studio + artist timelines.
It's an established company with Coinbase connection, we will see if they can pull it off. But i genuily think they have big fucking potential. There are so many usecases for this tech, imagine big companies using this for their work or e.g. hospitals who dont have the ressources to render medical "stuff" and need to use it.

Some Advisors
>Brendan Eich (JavaScript creator, co-founder of Mozilla and founder of Brave and the BAT token)
>David Vorick (CEO and founder of SIA Project since 2015)
>J.J. Abrams (Chairmen and CEO of BadRobot Productions - you know the film and television production company, responsible for Star Trek, Mission Impossible, Star Wars and many more)

>RNDR’s vision is to transform distributed GPU compute power into a decentralized economy of connected 3D assets, where any object or environment can be authored, shared, remixed and monetized through the blockchain.
>Lend your computing power, assist in creating media of ALL kinds, and earn RNDR in the process. Essentially creating a user marketplace on a decentralized network for a nominal fee of RNDR.

RNDR — Token Metrics Deep Dive by RNDR Team https://link.medium.com/8iDIEVUAG7
https://medium.com/@rendertoken/top-5-takeaways-from-the-ama-with-jules-urbach-ceo-of-otoy-rndr-c5be0f90cddc

>> No.20269562
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20269562

>>20269544
Good or not they are a pretty big player and have announced tentative RNDR buy-backs from Probit to distribute to users (I think). Because it's a legit profit generating company, they are free to do this. From the article "As announced on March 16th, the RNDR network planned to purchase up to 4.5 million RNDR tokens on the Probit exchange." RNDR is essentially soft pegged to $0.25 and they will redeem RDNR for that price on their platform.
>Partners with Decentraland, SIA, BAT and Algorand

Circulating Supply: 123m RNDR*
Total Supply: 536m RNDR**
Max Supply: 536m RNDR***

*A total of 6m RNDR from the RNDR Reserve (“RR”), see below, have been set aside for user acquisition.
**As the network scales, we will need to flow more tokens into the ecosystem. These tokens will either come through the Render Reserve as user acquisitions, bonuses for node operators, airdrops, or other future token allocation methods. In the meantime, these tokens are sitting in an third-party custody and escrow account
*** The oversupply on the old contract of 1,610,612,736 (1.61bn) RNDR will be burned — more on the details in a later blog post. For final allocations, see Token Migration below.

>> No.20269588
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20269588

>>20269544
>>20269562
Not a bad time to buy i would say, its known by no one yet

CoinGecko https://www.coingecko.com/en/coins/render-token
CMC https://coinmarketcap.com/currencies/render-token/

Something tells me if you take the extra time and effort to seek this one out on its relatively shitty exchanges (Probit and Hoo) it will be worth it and this is going well over in an initial pump $0.25.
Also better listings coming in the near future, IDEX would be perfect but we will see.

Warning: Be wary RNDR ERC20 (old) is not RNDR! DON'T be fooled! That being said all RNDR on those exchanges are legit. The migration period is still open even if you do buy the wrong ones you can convert.

>> No.20269604
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20269604

>>20269544
>>20269562
>>20269588
double dubs comfirmed
integration on MICROSOFT Azure
dont miss this one out anon

>> No.20269634

What's the marketcap bro?

>> No.20269662
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20269662

>>20269634
around 8-9m i think
circ supply*price
its the lowest coins of all the researched ones from coinbase
and be honest, dont you trust this man?

>> No.20269688
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20269688

>>20269544

Epic Games are partnered with the parent company Otoy. They brought Unreal Engine 4 to their OctaneRender platform: https://home.otoy.com/unreal-engine-release/

OTOY advisors are insane. Serious Hollywood + tech-giant connections. CTO of Lucasfilm, VP of IBM, Former CEO of Google, Co-CEO of IMG. Brendan Eich, CEO of Mozilla

>> No.20269713

>>20269634
123 million tokens circulating, so the current market cap is just under $9.5 million. it will probably stay between 7-10 cents until biz/twitter/r*ddit fomo in whichever order, but when it flies it is going to the JJ Abrams-directed, Hollywood CGI rendered moon.

>> No.20269729
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20269729

>>20269688
this

>> No.20269733

Might pick up a bag on the dip. This shit just went 5x

>> No.20269753

>>20269688
BUT IS IT A DEFI SCAM ON UNISWAP? WILL IT 8X OR -99% IN AN HOUR?
kek

>> No.20269908
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20269908

>>20269733
literally nobody got a x5 out of this, the liquidity on probit is ass. i think it wont go down that much in the near future but try our luck
FYI liquidity on uniswap is now somewhat decent so you can easy buy there, just be sure you buy the right one

>> No.20269914

Koop deze shit

>> No.20269964

>>20269544

GRINDR

>> No.20270362

>>20269914
>>20269964
nice