Cuz I did a 100x and can do another. Following sentiment, market manipulation by the big backers and huge communities leads to huge returns woot woot! I have a lot more $ROUTE, $QNT, and $RNDR I also did a 100x on. I've 100xed + over 30 times. More than the amount of years I've been alive.
RNDR Decentralized cloud graphics rendering. Definitely is true pure utility, and is currently functioning as it should. BUT…As an investor there’s no satisfaction. the project only concentrates on artists and node operators and solely the relationship between them. There’s no need for the price to go up once you buy, because artists are not required to buy more RNDR, they can use US dollars through a credit system. after the job is done, node operators get paid in RNDR and without anything to do with it like staking, they sell it immediately on market. So price always goes down, only buy pressure is naïve people like me who thinks they are getting in on something early It’s spiked to $8.00 last September because of YouTube Schillers teaching people how amazing the technology is, but it was not ready for investors in any way, and all token holders got wrecked They have been teasing forms of staking the system in general, or even individual artists for more than a year now, and even teased capturing some value from the market as a reward for token holders. Then they had a partnership with Multicoin capital for $30 million and they probably stressed to The render team that this thing can’t be rushed, and also probably if there’s value to be captured you can’t just share it with a little fish. things need to be tight and controlled most likely only big players rewarded for staking will be tier 1 nodes, which are not individual people, just large institutional farms. Thank you for letting me rant!
I would avoid games and gaming studios right now. But I would keep a close eye on the infrastructure tools once the bitcoin dominance starts to decrease. Personally my fav projects are Waxp, Hive, RNDR and ARwave. Later for gaming studios would be PYR ( purely for the hype and get out once the FOMO ends) and Gala (they have a very nice deals). As for games it self I only have eyes on sand right now
It is decentralised. I run a validator from my home. That said, I agree that any POS crypto will definitely not rival bitcoin when it comes to decentralisation. POS makes sense for ethereum because sharding will be necessary for it to scale, but transitioning away from POW is a huge sacrifice. Im impresssed by what’s come out the ethereum ecosystem: dex’s, nft’s, and some tokens like RPL and RNDR. I also really like cosmos and polkadot because these could bridge bitcoin and eth/defi.
Once again, we see an example that Ethereum cannot be used for AAA gaming. Stuff like Ronin sidechain is 9 servers, Polygon is some 120 servers on AWS, Loopring isn't much better, and so on. Remember this incident when people say sidechains are "secured from the L1" as is frequently echoed here on Reddit. A lot of people actually saw this coming. Most famously, the RNDR token (Oytoy) CEO called this out last summer on deaf ears when he moved his company away from Ethereum. Twice! The concensus mechanism for Ronin only requires 4/9 servers for consensus. That's about as secure as a local network game of Starcraft :) What's even funnier and sadder is that their solution is to "bump this up to 8/9 servers" as per their substack. SMH
RNDR. It is taking cloud computing away from Amazon's monopoly and giving it back to the people. It is the most obvious play in the cryptosphere and is mostly ignored by dumb money. I think it is a 10 billion dollar coin at minimum and it is 500 million right now. And it is functional now. So stupid.
One just need to develop a thick skin and make the best out of this dip. I took this privileged to buy some under dogs in the crypto and p2e space and I'm happy I bought more BLOK, MUST, RNDR and VRA at such a huge discount.
If you think Solana will have a place for NFTs and metaverse, then check out RNDR (Render) and AR (arweave) Render is a decentralized rendering protocol. Essentially, creators who want to render high quality assets into the metaverse can "borrow" GPU power from a decentralized network around the globe. Rendering takes time and energy and the project Render is trying to speed up that process and make it cheaper. Arweave is the decentralized storage solution for Solana. What's the point of having all of the data and your NFT assets stored on a central server like Amazon AWS? Ideally the metaverse will be decentralized. Arweave is used to purchase storage space on their decentralized network which becomes immutable, meaning it's stored forever. I don't own any of these yet but I have been following them for a while. Waiting for funds, aka a job lol.
My thinking would be that localized VR using much higher resolution imagery than we have now , would take up immense bandwidth and processing power, they could be used to process VR type worlds much faster. Or even use a RNDR node , combine it with smart mesh somehow to have my lag free GPU stacking ? Idk but i think it will allow for localized devices to stream much larger amounts of data than like the internet alone can do now
Can definitely see how RNDR fits into the metaverse concept (and internet in general). Going to need to provide accessibility for all if the metaverse is to work. Assuming you are rewarded in RNDR for sharing your GPU power? Looked briefly into SmartMesh and seems to be more related to Internet of Things rather than metaverse. Still pretty cool project. How do you see that fitting into the metaverse?
Theres two that I’m currently following, RNDR which distributes GPU rendering power, and one called Smartmesh - which essentially creates a hyper speed non internet web mesh between connected devices. Which can then in turn be connected to the internet. The smartmesh team has been working for a long time, they’ve just secured the chips and partnered with a few key people to begin distributing the MeshBoxes routers
Meterverse is the future and its potential is getting bigger by the day. I’ve been bagging Meterverse-related projects. Thats how I invest in the future now. Projects like RNDR and AIOZ Network are proving to be Meterverse driven. AIOZ Network makes this more attractive because of their Meterverse product. I can also bag AIOZ now at a discount before it moons with Meterverse.
Tokenomics aside, the [RNDR Network](https://rendertoken.com/) is just a really cool project, creating a massive distributed gpu render service running on blockchain technology. It’s already a working product being used by major studios like Disney and indie artists alike. 3D scenes that used to take hours to render can be completed in minutes or seconds. Coinbase recently listed it, and is featuring it right now on learn and earn.., you can get a few dollars worth for free. Go check it out.
I got some free from Coinbase with the "learn and earn" and in my experience all of the "learn and earn" coins/tokens ate given after the pump and have cool sounding use Cades but are ultimately useless. I liked AMP, too, and RNDR looked neat, too, but I'm kind of a maxi and just turned them all into BTC. Anything other than the top 10 cryptos feel like penny stocks, maybe a few will end up doing well but I'm not a trader, I'm betting on digital assets being the new form of property in the distant future. It's my only chance to not die destitute. Buying alts just doesn't factor into that.
I had the same reaction about Ethereum launched, wasn't there for the Bitcoin conference announcement. These guys did a public demo 2 years ago in San Francisco and it was a small thing, and how they have 400 projects onboarded. Ethereum launched in 2015 and has 3000 projects. You'll hear from the peanut gallery that Solana is trash and centralized but what's actually going on is that it's a public beta 2 years running with a ton of developer outpouring. Yesterday Audius switched to Solana as their main thing. RNDR (Oytoy) switched to Solana over Polygon. Brave is going to default to Solana wallets. And on and on. The thing is buggy, and that's scaring some folks, but the bugs seem to get fixed in less than 24 hours every time. They had a bridge hacked and 300 million dollars was replaced overnight as well because the thing is printing billions. Arb bots are doing transactions for 2 cents. There's a lot to love. There's a few prominent Youtubers like InvestAnswers and CoinBureau that hold SOL and make comprehensive videos about it if you're in a hurry, but I recommend starting with the Solana podcast with the founder Anatoly so you can get the full 2 beers and a coffee origin story. Those are ex-Qualcomm, ex-Dropbox employees behind Solana, those guys are the real deal.
I guess Meta understands just this and have been leading the line in VR headset production. In the same vein I can say the same for crypto projects like AIOZ and RNDR that provide graphics and rendering infrastructure, as well as storage, streaming and a couple other things in the case of aioz. ​ > the ~~losers~~ in this game would be the brands that harness these opportunities. Guess you meant winners.
That’s definitely true. Good point. Though with the increased difficulty in those alts the profits might not be as good as today. Unless the whole market goes up. Eh I dunno. Keep mining! Also check out RNDR network for another way to utilize idle gpu power.
tldr; Render Network, Yield Guild Games and NFTX are three projects that have continued to develop and draw investors despite the recent market weakness. Render Network's native RNDR token increased 137% from $1.80 on Jan. 24 to a daily high of $4.26 on Feb. 2 as Coinbase traders got their first opportunity to purchase the token. NFTx is a community-owned NFT marketplace and ecosystem. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Generally, I am into Meterverse-related coins. Lately, its been AIOZ, Theta and RNDR for me. I am in for longterm and waiting for the full-blown Meterverse season to watch my bags go up. I had to invest more in AIOZ Network. The staking feature seem to be increasing the liquidity pool. Also, the project is still the most undervalued of the three which is evident in the price and market cap.
Diamond hand is no free money. It is simply a reward for taking risks. Its is no gainsaying that high risks brings high rewards. The biggest winners in the Crypto space are often the biggest risk takers. For me, I am big on Meterverse projects like RNDR, AIOZ and Theta. The risk I am taking with AIOZ describes diamond hands in a nutshell. I am hodling till massive adoption. Best believe my profit by then is no free money.
Can you actually hodl? The truth is, diamond hands are usually big winners in crypto. I am bagging Meterverse projects right now and many of them like RNDR, Theta and AIOZ seem very cheap. Bagging more of AIOZ because its the most undervalued and the cheapest. All I have to do is keep bagging and hodl.
I don't really have the time to implement a new system without a decent review first. I've yet to see someone go "Get fucking RNDR and make your life easier right fucking now!" Makes me feel like it's still working a lot of bugs out and isn't much faster than normally rendering, considering setup times and export issues. The onboarding must be a huge chore.
I think it is a slippery slope to where I do not want to go… Eventually, we will return to a ‘mainframe’ style computing where you purchase a terminal and pay monthly rates to access hardware. All you will have is a display/graphic interface and if you miss your payment, no more access. In this shitty distopian future, RNDR might do pretty well…. Along with something like Filecoin
Backing this up. I’ve actually used the RNDR network before. The big problem with working with CG, especially as a hobbyist without a supercomputer, is that it takes forever to render scenes. Using RNDR you can do 15 hour renders in 5 minutes. Time is literally money, so being able to do this quickly without tying up your own workstation is big.
An internet supercomputer? Difference is that RNDR is focused on rendering before it grows out to other computing applications. Otoy, the company, makes Octane Render. Pretty much all the big names in CG software are working towards integrating with RNDR. Much easier when you've got an entire industry's expertise building an application for itself. Community is also waiting for an update to tokenomics because you can't just start providing GPU compute for RNDR. They manually approve applications because it's not ready for public use. >60% of supply is sitting in escrow in the meantime. Still <$2b fully diluted market cap.
RNDR is attached to an actual product, Octane Render, and is developed by the same company, Otoy. It's a household name in professional 3D. Render Network basically succeeded Octane's existing network rendering feature, something most commercial software has which allows you to connect to render farms or an AWS instance. A lot of the competition is integrating with RNDR. Redshift/Cinema4D and Arnold integration is in active development. Cycles and Unreal Engine is next. Other names that are planned are Houdini, Maya, and V-Ray. Might have missed one. It's a big industry, but it doesn't get any bigger than those names.
For those wondering, the other two are: Render Token (RNDR) comes in at number eight with an average purchase amount of $7,197. RNDR aims to allow anyone with a modern GPU to contribute their rendering power in exchange for tokens, in turn increasing the scale and availability of GPU compute for artists, designers and researchers. Grabbing the ninth spot is Sushi (SUSHI), the native asset of decentralized exchange SushiSwap. On average, ETH whales purchased $6,735 worth of SUSHI in the last seven days.
Here are some stats from the past 24 hours of r/CryptoCurrency for you: The **Coin of the day** is: [BTC](https://fomographs.com/coin-details.html?coin=bitcoin) with `1530` mentions, `5679` total ups and `14` awards. Runners-up: |Coin|Mentions|Ups|Awards| |:-|-:|-:|-:| |[ETH](https://fomographs.com/coin-details.html?coin=ethereum)|518|1667|2| |[ADA](https://fomographs.com/coin-details.html?coin=cardano)|208|673|1| |[ATOM](https://fomographs.com/coin-details.html?coin=cosmos)|159|362|0| |[XMR](https://fomographs.com/coin-details.html?coin=monero)|138|626|3| |[SOL](https://fomographs.com/coin-details.html?coin=solana)|135|421|1| **Trending**: [Monero (XMR)](https://fomographs.com/coin-details.html?coin=monero) **Flavour of the week**: [Immutable x (IMX)](https://fomographs.com/coin-details.html?coin=immutable-x) The coin that **climbed** more positions since yesterday is: [Gala (GALA)](https://fomographs.com/coin-details.html?coin=gala) with `61` mentions. The coin that **lost** more positions since yesterday is: [Render token (RNDR)](https://fomographs.com/coin-details.html?coin=render-token) with `5` mentions. The top comment was left by: [u/kingjoeg](https://fomographs.com/mentioner-details.html?user=kingjoeg) with `193` ups and `0` awards. **Source**: [fomographs.com](https://fomographs.com)
A distributed computing network with native support for existing commercial software, Octane. Already disrupted its market as Octane's competitors are all working to integrate with RNDR. Massive network effect implications from servicing the entire professional 3D market compared to other distributed computing tokens that are struggling to attract devs/apps. Value of the token comes from commodity compute, literally the same driver as GPU mining. Install base of a couple million GPUs in the datacenter, hundreds of millions of modern GPUs in PCs around the world and millions more per month. There is no hyperscaler that can offer any film studio, especially not Disney, enough GPU compute to complete their films. No render farm is remotely capable of what RNDR can do. They are all incentivized to offer their services to RNDR rather than compete. That's why, surprise, surprise, AWS, Google Cloud, and Microsoft Azure are already providers on RNDR. But, yeah. Shitcoin.
Here are some stats from the past 24 hours of r/CryptoCurrency for you: The **Coin of the day** is: [BTC](https://fomographs.com/coin-details.html?coin=bitcoin) with `1271` mentions, `5909` total ups and `57` awards. Runners-up: |Coin|Mentions|Ups|Awards| |:-|-:|-:|-:| |[ETH](https://fomographs.com/coin-details.html?coin=ethereum)|705|2186|38| |[SOL](https://fomographs.com/coin-details.html?coin=solana)|452|4095|9| |[LRC](https://fomographs.com/coin-details.html?coin=loopring)|295|878|11| |[ADA](https://fomographs.com/coin-details.html?coin=cardano)|208|720|4| |[IMX](https://fomographs.com/coin-details.html?coin=immutable-x)|194|1452|13| **Trending**: [Juno (JUNO)](https://fomographs.com/coin-details.html?coin=juno-network) **Flavour of the week**: [Immutable x (IMX)](https://fomographs.com/coin-details.html?coin=immutable-x) The coin that **climbed** more positions since yesterday is: [Render token (RNDR)](https://fomographs.com/coin-details.html?coin=render-token) with `29` mentions. The coin that **lost** more positions since yesterday is: [Acet (ACT)](https://fomographs.com/coin-details.html?coin=acet-token) with `2` mentions. The top comment was left by: [u/SauceMaster145](https://fomographs.com/mentioner-details.html?user=SauceMaster145) with `1447` ups and `5` awards. **Source**: [fomographs.com](https://fomographs.com)
For those that can't be bothered, here are the answers Question: What is the Render Network? Answer: A decentralized GPU rendering marketplace Question: How do users earn RNDR? Answer: Rendering 3D artwork Question: What is next on the Render network's product roadmap? Answer: Monetization of 3D objects and environments