RNDR AWARENESS

[Anonymous No.20317211]

PART 1:
I'm really digging researchingRender Token$RNDRsince the news of being considered for a listing byCoinbase. The parent company OTOY has someserious advisors: former CEO of Google, former CEO of IBM, CTO of Lucasfilm, CEO of Mozilla etc.

They've been building their decentralised rendering solution in stealth since 2017, andunveiled it at NVIDIA's GTC 2020(~18mins time-stamped) conference on 10 April 2020. GTC is a Leading AI & Deep Learning Conference, NVIDA's been a very close partner for years.

OTOY have been exploring Cloud rendering since theyfirst unveiled the predecessor to RNDR at GTC 2013, formerly known as OctaneRender Cloud (ORC). RNDR cloud is now live and replaces this. Previously when they had big productions (they've rendered sequences in 3 Marvel films) they've completely maxed out the capacity of Microsoft and Google's GPUs.

Now they claim to have more GPU's in their farm than ever before: About 16,000 GPUs joined at their mainnet signup (beta). And there's been demand from thousands of users. Most recentnews update on RNDR(~15mins time-stamped) is from 11 May.

Their appOctaneRenderlooks pretty impressive, it costs $25 / month to sign up to and the RNDR cloud service isavailable to memberswithin. Some users get a year's free trial, such as Apple Mac users. The RNDR cloud compute requires an additional payment.

[Anonymous No.20317221]

PART 2:
Rewards:

- ICO had ahard-cap of $134M. The ICO price was 1150 RNDR per 1 ETH, as decided on Sept 6, 2017. 1/1150 = 0.00086956521 ETH which is approx $0.21. At time of writing the price is currently $0.07, 1/3 of ICO price*.*

- Customers can buy 4 RNDR Credits using Stripe / Paypal from within the OTOY software for $1, the team is providing a floor of 25c for the token. The tokens that represent these credits are paid out to miners for work done. The team has been acquiring these tokens off the exchange from Probit as part of a4.5 million RNDR tokenpurchasing plan.

- Closest similar project is Golem with a $60M mcap. At full dilution RNDR would be: 0.073230 * 536,000,000 = $39M, but 35% has been reserved for incentivising the ecosystem that hasn't been tapped into + 10% for team + advisors.

- They're enabling 3rd party applications to plugin to Render and utilise the RNDR cloud, starting withAutodesk Arnold. "I've always said that it's bigger than just Octane and it will have more than just Octane on the service"

- OTOYhas demand for 25,000–50,000users for the Render Network, but can only support 1,000 users on a system like Ethereum.

[Anonymous No.20317261]

PART 3:
Risks:

- Low liquidity onProbit, but CEO states in the 11 May video: "We definitely want to launch it on something much bigger soon this year". Sounds like they at least applied to Coinbase, as they were amongst the selection. Hopefully this means they're gonna come out from the quiet to focus on the miner + crypto side of things. They'redoing an AMA on reddit today, so perhaps it's time.

- Team are primarily focussed on OctaneRender. They're at WWDC 2020 (Apple Worldwide Developers Conference) where they announcedsupport for new Macbooksthis year (NVIDIA chipset was removed in 2013 which killed rendering, unless using an external card), we're told "the week and WWDC is not over!", "there is so much more to share on this beyond today"

Some points of confusion:

- There's ambiguity over the amount circulating, since theyreduced the supply by 4xby migrating the token to a new contract. For some reason only91M (etherscan)of thefull 536mtokens have migrated so far, some are locked from private sale. Maybe laziness for some, maybe some died from the wait - the ICO was in 2017 Theteam have been buying 4.5Moff the market recently to offer to customers in Paypal / Stripe customers exchange to sell at the rate of 25c per token. At 91M the market cap would be $3.6M, but no later than Friday an update will be provided on medium with vesting periods etc.

- Enterprise secure cloud compute is still currently available at MS / Google for added security, where the token is still used. Encryption is used in the decentralised version, and it attracts a more affordable rate.

[Anonymous No.20317298]

sir this is all very nice but I keep buying and price keep dumping

[Anonymous No.20317361]

>>20317298

You do you, ive stocked up well enough and just gonna sit on it.

Id barely call a 1% shift a dump... its in accumulation phase. Will break out v soon

[Anonymous No.20317371]

Thank you Sonic for shilling

[Anonymous No.20317375]

>>20317361
but sir it went from 90 cents to 70 cents sir
whole village count on me sir I cannot lose this

[Anonymous No.20317412]

>>20317375

Go sheer your sheep

[Anonymous No.20317445]

>>20317412
sir that is abdul's job
I am chief technician
fix village wifi

[Anonymous No.20317483]

>>20317445

[Anonymous No.20317799]

Want ya'll to know about this

[Anonymous No.20318381]

is there any reason that this is better than a generic solution like rlc

[Anonymous No.20318483]

>>20317211
Wait for this to bleed 80% , buy VRA now instead.

[Anonymous No.20318590]

>>20317211
>>20317221
>>20317261

How heavy are your bags?

RNDR will become Fools Gold just like 99% of the utility tokens when it comes too expensive to use.


https://greater-fools.com/2020/07/01/render-token-sell/