Render (RNDR)

19.36 %

Market Cap

The total market value of a cryptocurrency's circulating supply. It is analogous to the free-float capitalization in the stock market.

Market Cap = Current Price x Circulating Supply.

24 Hour Trading Vol

A measure of how much of a cryptocurrency was traded in the last 24 hours.

20441803>
Fully Diluted Valuation

The market cap if the max supply was in circulation.

Fully-diluted market cap (FDMC) = price x max supply. If max supply is null, FDMC = price x total supply. if max supply and total supply are infinite or not available, fully-diluted market cap shows - -.

532267063>T
Circulating

The amount of coins that are circulating in the market and are in public hands. It is analogous to the flowing shares in the stock market.

299,880,426.00
Total Supply

The amount of coins that have been already created, minus any coins that have been burned. It is analogous to the outstanding shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, total supply shows - -.

530,996,048.90
Max Supply

The maximum amount of coins that will ever exist in the lifetime of the cryptocurrency. It is analogous to the fully diluted shares in the stock market.

If this data has not been submitted by the project or verified by the CMC team, max supply shows - -.

530,996,048.90
Low High
Contract
Website
Explorers
Social Media
Tags
Week Month Year All Time
High

Jan 19 2023

0.535326878761
86.99%

Jan 17 2023

0.613077798178
63.27%

Feb 02 2022

3.745919412461
-73.28%

Nov 21 2021

-88.39%
Low

Jan 19 2023

0.535326878761
86.99%

Jan 01 2023

0.40203780995
148.98%

Jun 19 2022

0.32539467387
207.63%

Jun 16 2020

2,681.37%
For Detailed Research of Render - Visit - Render (RNDR)

Market

Sr. Exchange Pair Price Spread Volume Volume% Confidence Last Traded Trust Score

Historical Data

Price Market Cap Volume Date

News

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Coin
Render
Comments

Coin Info

RenderToken (RNDR) is a distributed GPU rendering network built on top of the Ethereum blockchain. Its goal is to connect artists and studios that need GPU computing power with mining partners who are willing to rent out their GPU capabilities. Jules Urbach, CEO of OTOY, Inc., came up with the idea for RNDR in 2009. It was released in 2017 and had its first public token sale in October of that year. From January to May 2018, a total of 117,843,239 RNDR were sold at a price of 1 RNDR = $0.25 USD per token. During the private sale, early adopters were put on the RNDR Beta Testnet, where beta node operators, artists, and the RNDR team worked together to build and test the network until April 27, 2020, when it will be open to the public.

RNDR is an ERC-20 utility token that artists on the network trade with GPU providers for GPU compute power (node operators). RNDR uses both a manual and an automatic proof of work system, or "proof of render" in this case, to make sure that all art has been successfully rendered before payment is made and the art is released. Using the security features built into the Ethereum blockchain, proprietary assets are hashed when they are uploaded and sent to nodes in pieces to be rendered. All RNDR payments are held in escrow while the work is being done, and node operators only get paid when the commissioning artist verifies that the work was done well. All assets rendered on the network are marked with a watermark until payment is successfully sent. Once payment is sent, unmarked renderings can be downloaded, and all payments are held in escrow until they are manually checked as being correctly rendered.

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