Render (ERC-20) Price (RNDR)

Render (RNDR) is a decentralized GPU rendering network built on the Ethereum blockchain, designed to connect artists and studios needing GPU computing power with providers offering excess capacity. Launched in 2017 by OTOY, Inc. CEO Jules Urbach, RNDR functions as an ERC-20 utility token that facilitates transactions between creators and GPU node operators. The network implements a verification process known as proof of render, ensuring completed work is authenticated before payments are released. This system enables efficient, blockchain-powered rendering services for industries reliant on high-performance computing.

Render allows users to exchange RNDR tokens for GPU compute power through a decentralized network of providers. When a rendering job is initiated, proprietary assets are hashed and sent to GPU nodes for processing. The proof of render system verifies completion before releasing payments, which are held in escrow during the rendering process. To safeguard against unauthorized use, rendered assets remain watermarked until payment is confirmed. This approach streamlines access to GPU computing while ensuring transaction transparency and security within the Ethereum-based framework.

Render is designed to make cloud-based GPU rendering more accessible across industries requiring intensive computing. It supports applications in 3D animation, gaming, virtual reality, architectural visualization, and artificial intelligence. By connecting users with idle GPU resources, Render enables cost-efficient, high-speed rendering for complex graphics and simulations. The network also seeks to optimize computing resources, reducing costs for studios and individuals needing scalable GPU access while offering providers a way to monetize excess processing power.

Render was first conceptualized by OTOY, Inc. CEO Jules Urbach in 2009 and officially launched in 2017. The project’s public token sale took place in October 2017, followed by a private sale from January to May 2018, during which early adopters joined the RNDR Beta Testnet. This period allowed artists and node operators to collaborate on building the platform before its full public release on April 27, 2020. The Render team is based in Los Angeles, with contributors worldwide. The advisory board includes figures like Ari Emanuel, JJ Abrams, and Brendan Eich, aiming to bridge the gap between cryptocurrency-based computing solutions and creative industries.

We update our Render (ERC-20) to USD currency in real-time. Get the live price of Render (ERC-20) on Coinbase.

The current market cap of Render (ERC-20) is $1.57B. A high market cap implies that the asset is highly valued by the market.

The all-time high of Render (ERC-20) is $13.61. This all-time high is highest price paid for Render (ERC-20) since it was launched.

Over the last 24 hours, the trading volume of Render (ERC-20) is $96.93M.

Assets that have a similar market cap to Render (ERC-20) include Render, Algorand, Arbitrum, and many others. To see a full list, see our comparable market cap assets.

The current circulating supply of Render (ERC-20) is 518 million.

Render (ERC-20) ranks 27 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

Currently, 90% of Coinbase users are buying Render (ERC-20). In other words, 90% of Coinbase customers have increased their net position in Render (ERC-20) over the past 24 hours through trading.

Yes, Render (ERC-20) is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Render (ERC-20) guide.