About Render Token (RNDR)
The Render Network ($RENDER) is a peer-to-peer GPU compute network on Solana connecting users needing GPU compute services (e.g., GPU rendering and machine learning inferences) to idle GPU owners willing to fulfill compute requests for profit. The network provides a distributed GPU compute marketplace where users can monetize idle GPU power while offering creators or compute clients more accessible computing services.
The Render Network, which is based on a 2010 patent for tokenized distributed rendering, was launched in 2017 with its initial token sale occurring in October that year. The network underwent a private sale from January to May 2018, followed by a beta test phase leading up to its public launch on April 27, 2020. In March 2023, the RNDR community reportedly voted to transition from $RNDR (ETH) to $RENDER (SOL) to enhance speeds and align with leading DePIN projects. This decision was part of several community-driven votes through the Render Network Proposal process, including the adoption of a Burn-and-Mint Equilibrium model and support for external compute clients and integrations.
The Render Network ($RENDER) has successfully upgraded from the ERC-20 ($RNDR) network to the Solana network ($RENDER). The core vision of the Render Network, as per the project, remains the same - to provide near real-time rendering using a decentralized GPU processing model to meet users’ increasing GPU compute needs — both for current 3D rendering tasks and for emerging 3D applications.
$RENDER is an upgrade from $RNDR, as voted by the community, changing the project from ETH to SOL, joining leading DePIN projects. The live price of RENDER is updated in real time on Binance. RENDER is available for purchase and trade on Binance.
