/biz/ - Business & Finance

>>57709863
>fair launch
explain please

>>57710064
no premine, no ico, no vc, no team/advisors allocations, tokens are acquired only by mining. The team operations (hiring, marketing, listings) are funded by community/node runners. Developer account is funded by an ever-decreasing contribution per block per era, which decreases from 0.5 OCTA per block to 0.3 OCTA per block until the emission schedule is complete in 2027.

Been looking for RNDR competitors for soo long and now I'm finding new ones every week.

I believe the market will consolidate to one or a few protocols as it matures, but it's not entirely obvious which ones will be the eventual winners, as a lot of details will need to be hammered out to create functional marketplaces, rather than just centralized hubs for rentals.

The potential for this market is enormous though, especially when the bottleneck in AI starts to shift from hardware to electricity. Comparing with the current marketcap of Render is completely irrelevant

>>57710198
>Been looking for RNDR competitors for soo long and now I'm finding new ones every week.
its just yeet scams money grabs trying to profit of of the a.i hype.

>>57710198
Flux is partner with nvidia and ovh, and was already here last bull run. The pump just getting started

Aleph.im does the same thing, has lot of blockchain compatibility and is a small cap listed on all cex (cuckbase, cuckcoin etc…)

>>57710205
I suspect there will be a lot of that, for instance see NODE AI thread on this board.

However, I believe there are quite a few people who's been building decentralized cloud/compute and only recently switched to focusing on GPUs. Nosana is one such example. FLUX is another.

Here's another sub 100m project I found today that seems to have been live for a year already https://opendata.clore.ai/d/aKQRJmA4z/clore-ai?orgId=1&from=now-2y&to=now

>>57710289
RLC has been working on these things since 2017.

>>57710293
RLC is a unique play due to the confidential computing aspect and some other interesting things. I have a bag of a few cool computing coins and RLC feels the most interesting to me.

>>57710283
Flux has weak volume seems overpriced to me, also it's hard to tell if they are actually doing anything. Might be a deadcoin idk...

>>57710293
Rlc seems like a good play but it always fails to really pump. Good updates and transparency though way better than akash, golem, or flux, but it never really blasts off.

>>57711019
listen up you fat neck beard with man boobs bigger than kim kardashian i'm the honey badger chad and i'm the captain now rlc is gonna pump and you're gonna miss it because you're the type of loser who buys high and sells low but you don't have to you can listen to me the honey badger i have a 15ft shlong so my life just keeps getting better even though i have a brain the size of a peanut now stfu before i smack the back of your head and knock some sense into your tiny peen

>>57710379
I like RLC, and think it will break previous ath thanks to ai hype. It's good to have bunch of good projects in portfolio

>>57710379
What is confidential computing?

OCTA bros... we be pumpin doe

>>57709863
How the fuck do you buy this shit? I'm not using a scammy exchange, if it's not DeFi then I'm not interested.

>>57713972
Coinmetro is not a scammy exchange. They are heavily regulated, and accessible by burgers.

>>57713547
Consider this.
You use a decentralized network of computers to carry out a large scale computation.
A decentralized network of computers now all access your data. You need clever tricks to ensure your calculations remain calculable whilst occluding the parties involved from knowing what they're actually doing.

>>57711006
how is it overpriced? I mean compared to similar project it doesnt seems crazy to me compared to rndr and akash. As for the low volume it can go either way but given the current trend i believe it is up... Also doesn't seems dead to me idk where u got that from

>barely any RNDR discussion on /biz/ ever
>starts reverse dumping, new ATH, AI narrative, nvda, etc.
>oh, actually rndr zucks, look at my token that does it better and just launched this week
Kill yourselves. You missed out again.

>>57714208
>Price is to low, I'm not interested yet

>>57713972

If you're an American use xeggex. I tried coinmetro first and they didn't have the liquidity for the 25k I bought the other day, got about 1k from coinmetro. I was able to buy the rest pretty easy on xeggex and move to Metamask. You have to manually add the Octaspace network then it works fine.

It's new which is good, meaning we're early. But that also means some tinkering to get in position. I still can't move it to ledger just yet for example. Everyone outside the US can just use MEXC and boom done. Anyway there's your spoonfuls.

One of my most hopeful make it plays desu.

>>57715015
I bought on tradeorge but will move to metamask soon

>>57715015
Yeah I put 5k$ in this via xeggex and CM, xeggex is surprising a great exchange

>>57713972
I think there is dex in the works. The missing piece of the puzzle is eth bridge.
octaswap.io

>>57714208
I hold RNDR but I'll say that RLC has way higher potential upside. RNDR will still pump but with RLC you'll get more X's

Octa team is working also on releasing vpn app to the apple app store.

>>57718111
OOOOOOOOOOOO WOOOOOOOOOOOOOWW!!!
A VPN APP!!!??!?!?!

THAT CHANGES EVERYTHIG!!!!

HUUUUUUGE
MOOOOOOOON [fire emoji] [rocket emoji]

>>57718118
Do you feel threatened rendi?

>>57714208
This. I was looking at the archives a week or two ago and there was maybe 5 mentions per week.

>>57718118
Don't be ironic, the team is very agile. This is one of a few tokens where the token is actually needed.

>>57709863
I don't know why /biz/ does this so much. Simply picking a project with a lower market cap than any of their competitors is retarded. Nine times out of ten there's a good reason for why it has a lower market cap. None of the RNDR alternatives have a working project out of beta, none of them have anywhere near the annual revenue of the Render Network and none of them have the connections that Jules Urbach has.
>Hur dur what if picked a literal who online shopping company in 1997 because they're 1/20th the size of Amazon.

>>57710283
>Flux is partner with nvidia
And Jules is speaking at the Nvidia conference next month, just like he's been doing for the past decade.

>>57720438
>Jules is speaking at the Nvidia conference next month

sounds like sell the news for me

>>57709863
>is the giant project with real use case and a massive first mover advantage in trouble because this insignificant aspiring competitor appeared?
No, Render is fine.

>>57720631
If you're a trader, sure. You're completely missing the point though.

>>57720397
>I don't know why /biz/ does this so much.
They're unironically as retarded as normies. I remember May 2021, where normies were telling me that they had bought $20 of DOGE because "Dude look how cheap it is! If it becomes just half as big as bitcoin, I'll be a millionaire!"

nu/biz/ is at the same level of thinking. Smaller mcap means inevitably higher upside, for their pigeon brains.

>>57720651
It's not an investment or long term hold.If render was a company listed on nasdaq it would be $30 map stock. Everything is overvalued, we are in a bubble. Please stop playing Warren Buffett here.

>>57720698
>It's not an investment or long term hold
I disagree.
>.If render was a company listed on nasdaq it would be $30 map stock.
$30 market cap? That's so dumb that you must have made a typo. The network had around 5 million in revenue last year, they're a clear leader in their space in a growing industry.
>Everything is overvalued, we are in a bubble.
This is a different point altogether and it contradicts your previous statement. If it were a bubble like the dotcom bubble, this wouldn't affect long term holders. Any time something significant happens you'll have people claiming it's a bubble. As Peter Lynch said "There's always something to worry about". That mindset will usually lead you to miss out on most of the price gains. You are not as good of a trader as you think.

>>57720749
I meant $30 million market cap. You know well that crypto is not regulated, and there is wash trading to lure naive 'investors'. Market capitalization of 99% of projects is artificially inflated by speculators. So, no ,it's not an investment, rather means to generate as much profit as possible. It's up to you to find the most profitable plays. Is it render? I doubt it.

can't buy this shit in the U.S
tell me how and maybe i'll throw $3500 in it

>>57721670
Coinmetro is available in us, low liquidity though. You have to buy in small amounts like $200 and let the arbitrage bots do its thing, then buy next batch.

>>57721670

The Coinmetro comment us accurate. I tried Xeggex when I had that problem and bought all the rest of my Octa just fine then moved it to my wallet. You have to manually add the Octaspace network though, at least I had to for Metamask. pretty easy, Octaspace provides the instructions.

All the fud be damned, this is a great hold.