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Why buy Render (RNDR)?

The Render Network is a decentralised GPU rendering platform that enables artists to scale rendering work using high-performance GPU nodes globally. Utilising a blockchain marketplace for idle GPU compute, it allows artists to scale rendering tasks more efficiently and affordably compared to centralised GPU cloud services, resulting in significant cost savings and vastly improved rendering speeds.

  • • Render Network (RNDR) facilitates connections between artists and GPU providers, offering affordable GPU compute power.

  • • Render token, an ERC-20 utility token, allows artists to acquire GPU compute power for rendering tasks.

  • • The proof of render system ensures artwork is fully rendered before payment, leveraging Ethereum blockchain security.

  • • Payments are held until manual verification of successful completion, deterring malicious actors; assets watermarked until disbursement.

  • • Founded in 2009 by OTOY, RNDR launched in 2017, with a public token sale in 2020.

  • • Render solves costly rendering issues by connecting users to idle GPUs, enabling real-time rendering tasks.

What is Render (RNDR)?

Render (RNDR) is a distributed GPU rendering network operating on the Ethereum blockchain. Its purpose is to facilitate connections between artists and studios seeking GPU compute power and mining partners who are willing to rent out their GPU capabilities. Creators utilise RNDR as a means of compensating GPU providers, who are also rewarded in RNDR tokens.

Who invented Render (RNDR)?

Conceived in 2009 by OTOY, with founder Jules Urbach at the helm, RNDR was launched in 2017. It held its first public token sale in October of that year, preceded by a private sale from January to May 2018, during which 117,843,239 RNDR tokens were sold at a rate of 1 RNDR for US$0.25.

How do you buy Render (RNDR) in Australia?

Purchasing Render (RNDR) in Australia is straightforward with BTC Markets. Simply create an account, complete the verification process, and fund your account using various payment methods. Once verified and funded, you can easily buy RNDR tokens through the platform.

Where is the best place to buy Render (RNDR) in Australia?

BTC Markets stands out as one of Australia's premier cryptocurrency exchanges, offering a user-friendly interface and a secure trading environment. With a large user base and robust tools, BTC Markets provides an ideal platform for buying and selling Render (RNDR) tokens.

Frequently asked questions

What payment methods are accepted when buying Render (RNDR)?

BTC Markets supports various payment methods, including instant OSKO payments, bank transfers, and credit/debit cards, making it easy for users to purchase Render (RNDR) tokens.

How is the price of Render (RNDR) determined?

The price of Render (RNDR) is determined by market demand and supply dynamics, as well as factors such as network usage and overall market sentiment.

Is it safe to buy Render (RNDR)?

BTC Markets prioritises security and regulatory compliance, ensuring a safe and reliable trading experience for users. However, as with any investment, it's essential to conduct thorough research and exercise caution.

Can you convert Render (RNDR) to cash?

Yes, users can withdraw and convert their Render (RNDR) tokens to cash by selling them on the exchange and withdrawing the proceeds to their bank account.

Find out the latest Render news

Weekly Crypto Wrap: 20th June 2024

Weekly Crypto Wrap: 20th June 2024

Read more - Weekly Crypto Wrap: 20th June 2024

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