What is RNDR Coin? The future of rendering

What is RNDR Coin?

First, let's answer the question of what is RNDR Coin! Although this definition may be difficult for beginners to understand, we will answer this question in a simple way.
RNDR Coin is the native token of the Render project, a distributed GPU rendering network built on the Ethereum blockchain.
RNDR aims to bring together artists and studios with mining partners looking to rent GPU computing power.
RNDR is an ERC-20 utility token that artists can use in exchange for GPU computing power from GPU providers (node operators) on the network.
To answer more simply, RNDR Coin is the native cryptocurrency of the RenderToken (RNDR) project built on the Ethereum blockchain. This token is the core component of the project and uses the ERC-20 token standard of the Ethereum network.
What does RNDR Coin do?
Using RNDR Coin, artists and content creators can “rent” the required GPU computing power from node operators (GPU providers) on the network. This is mainly used for 3D rendering, video rendering or other graphics intensive operations. RNDR Coin is used to pay for this service.

What is the RNDR Project?

RenderToken (RNDR) project, OTOY, Inc. It was designed by CEO Jules Urbach in 2009 and launched in 2017. RNDR functions as a platform that provides artists with the power needed to render artwork on the GPU.
RNDR uses a manual and automated “proof of rendering” system to verify that artworks have been successfully rendered. Using the security features of the Ethereum blockchain, unique assets are hashed during upload and sent to nodes in chunks.

All RNDR payments are released to node operators upon completion of processing.