Render Token Price

(RNDR)
USD($)
Render Token (RNDR) Live Price Chart

Render Token Live Price Data

The live price of Render Token is $7.03, with a total trading volume of $ 3.19M in the last 24 hours. The price of Render Token changed by +2.94% in the past day, and its USD value has increased by +14.33% over the last week. With a circulating supply of 392,459,381 RNDR, the market cap of Render Token is currently 2.76B USD, marking a --% increase today. Render Token currently ranks #28 in market cap.
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Note: This data is for reference only.
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Render Token(RNDR) Profile

altRank28
rate--
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Contract
Ethereum 0x6de037...b24Solana rndrizKT...Bof
Audited By
https://blog.openzeppelin.com/render-token-audit-2a078ba6d759/https://blog.openzeppelin.com/rndr-token-transfer-audit-74b21356b849/
Code & Community
Investors
Alameda ResearchMulticoin CapitalSolana VenturesSfermion
$6.7600
$7.2000
$13.5900
+0.41%
+2.94%
+14.33%
$2.76B 
$466,735 
392,459,381
536,870,912

About RNDR

How can I buy Render Token (RNDR)?

Buying RNDR on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Render Token (RNDR) for more information.

What Is Render Network (RNDR) Crypto?

Render Network is a decentralized platform enabling users to share and rent computing power for rendering high-quality graphics and 3D images. Operating on the Ethereum blockchain, this innovative project addresses the challenges of expensive rendering and long processing times associated with complex computer-generated visuals.

Decentralized Rendering

RNDR operates as a decentralized GPU rendering network, leveraging the untapped computing power of participating nodes. This approach significantly reduces the time and cost required to render complex images, making them accessible to a broader audience.

Incentivized Participation

Network participants can contribute their unused computing power to RNDR and earn incentives for their contributions. This incentivization encourages active involvement in the network and ensures the availability of computational resources.

Advanced Technology

RNDR utilizes cutting-edge OTOY Inc. software to create a computational marketplace for GPU Providers and GPU Requestors. Users seeking rendering tasks can connect with those who have idle GPUs, facilitating efficient processing using OctaneRender.

RNDR Token

$RNDR serves as the native token within the Render Network ecosystem. It is pivotal in facilitating transactions and rewarding users for their contributions.

How Does Render Network Work?

Render Network operates by harnessing the untapped potential of idle GPUs, offering an efficient alternative to energy-intensive Proof of Work (PoW) mining commonly associated with GPUs.

Efficient GPU Utilization

Unlike PoW mining, which often wastes GPU power, Render Network optimizes GPU usage by assigning rendering tasks that enhance efficiency and profitability.

GPU Owners as Contributors

Render Network allows GPU owners to make the most of their idle GPUs by contributing their computational power to creators in need of rendering resources. This arrangement empowers GPU owners to share their GPU capabilities with creators who require additional processing power.

Task Execution with OctaneRender

Participants connect their GPUs to the Render Network, where they perform rendering tasks using OctaneRender, a cutting-edge rendering software.

RNDR Coin

Users of the Render Network compensate individuals carrying out rendering work with RNDR tokens. Additionally, OTOY, the technology provider, receives a small portion of RNDR as compensation for facilitating transactions and managing the network.

Node Operators

Upon registering their idle GPUs on the Render Network, GPU owners become "Node Operators." These operators can earn RNDR Tokens by accepting rendering jobs from "Creators" who submit their files to the Render Network. The network then assigns these tasks to operators based on availability.

What’s Next on the Render Network Roadmap?

Render Network, conceived by Jules Urbach, CEO of OTOY, Inc., in 2009, is a revolutionary project. OTOY, founded in 2008, initially focused on cloud-based graphics but soon pivoted towards leveraging distributed networks for high-quality 3D graphics and animations. Key milestones include:

Render Network Project Launch

Render Network debuted in October 2017 through an ICO on the Ethereum network. It also secured funds from a private token sale from January to May 2018. Early testers had access to the “RNDR Beta Testnet” to experience its technology during this period.

Render Network Mainnet Launch

In April 2020, the Render Network's mainnet went live after rigorous testing involving Beta Node Operators and Beta Creators who contributed significantly to its development.

Advisory Board

The project boasts a prestigious advisory board featuring senior executives from industry giants like WME, Bad Robot Productions, Beeple, and Brave Software.

Ecosystem Expansion

Render Network expanded beyond Ethereum, integrating with Layer-2 network zkSync in December 2020 for scalable, cost-effective payments. In March 2021, it embraced Polygon to enhance transaction processing efficiency.

Strategic Partnerships

In November 2021, Render Network announced partnerships with Solana and Metaplex, bringing its core components to a high-speed blockchain. In January 2022, it joined forces with Multicoin Capital, marking a shift from a GPU computing platform to supporting an open metaverse.

Render Network Foundation

As of October 2023, the project's latest development is the establishment of the Render Network Foundation, a not-for-profit organization tasked with maintaining the project's core protocol, fostering community engagement, and adopting its technology.

Render Token (RNDR) Price Movements ($)
PeriodChangeChange (%)
Today$0.18022.63%
7 Days$0.975816.03%
30 Days$-0.4546-6.05%
3 Months$-3.14-30.84%
24H Investment Barometer
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Risk warning:Please note that the Investment Barometer is provided for informational purposes only and is not an investment advice. Investing carries risk. Please make investment decisions cautiously and based on your own judgement.
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Render Token Conversion Rate
  • 1 RNDR to USD$7.02
  • 1 RNDR to EUR€6.45
  • 1 RNDR to AUD$10.5
  • 1 RNDR to KRW₩9,764.33
  • 1 RNDR to JPY¥1,106.29
  • 1 RNDR to GBP£5.43
  • 1 RNDR to INR₨588.24
  • 1 RNDR to IDRRp113,915.62
  • 1 RNDR to CAD$9.64
  • 1 RNDR to RUB₽616.06

FAQ

How much is 1 Render Token (RNDR) worth?
KuCoin provides real-time USD price updates for Render Token (RNDR). Render Token price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time RNDR to USD exchange rates.
Is Render Network (RNDR) a Good Investment?

Render Network presents an intriguing opportunity for potential investors, particularly those seeking to diversify within the infrastructure and metaverse realms of the cryptocurrency landscape. This project offers a pathway to enhanced efficiency through decentralization and underscores a tangible real-world application for blockchain technology.

One compelling factor for potential investors is the surging interest among creators who are drawn to Render Network's infrastructure to develop their graphic projects. This heightened demand may significantly enhance the appeal of the RNDR token within the investment community. Moreover, this increased on-chain activity could play a pivotal role in sustaining and boosting RNDR's price dynamics.

Furthermore, Render Network’s crypto prospects appear promising, especially when considering potential catalysts like OTOY's announcements of new partnerships, upgrades, and integrations. These strategic moves have the potential to bolster investor confidence in the project and render RNDR crypto more appealing as a long-term investment option.

What Is Render Token Price Prediction?

Offering an accurate RNDR token price prediction is challenging owing to the volatile nature of the cryptocurrency market. However, the future of Render Network's price trends holds promise, especially given the growing interest in the metaverse and web3 sectors.

As Render Network continues to evolve and expand its capabilities, its infrastructure could see increased utilization. This would naturally lead to higher demand for $RNDR in the market, potentially bolstering the value of the Render Network token.

Moreover, the Render Network price and market cap can benefit from positive market sentiment towards digital assets. Expanding its presence across various blockchain ecosystems could enhance the network's versatility and attractiveness. This, in turn, might drive greater demand for and appreciation of RNDR cryptocurrency.

What Is RNDR Token Used For?

RNDR token is the native cryptocurrency of the Render Network ecosystem, offering various functions:

Native Currency of Render Ecosystem

RNDR serves as a primary payment and rewards system within the network. Users can earn RNDR tokens by contributing their unused computing power to assist in rendering tasks. Simultaneously, those seeking computational resources for rendering can utilize RNDR tokens to access the network's capabilities.

Governance Token

RNDR tokens play a crucial role in the network's governance. RNDR token holders have the privilege to vote on proposals and protocol changes, including upgrades and modifications to the incentive structure. This empowers the community to influence the network's direction.

Crypto Asset for Trading and HODLing

Traders can engage in RNDR trading activities, capitalizing on market fluctuations and volatility. The RNDR/USDT trading pair is notably popular on the KuCoin Spot Market. However, it's essential to exercise caution and conduct comprehensive research due to the inherent unpredictability of the crypto market.

Earn Passive Income on KuCoin

Investors can expand their crypto portfolios by investing in RNDR tokens through KuCoin Crypto Lending. By lending liquidity in RNDR to the platform, participants can earn attractive daily interest rates over periods ranging from seven days to 28 days.

How to Join Render Network

You can join the Render Network and participate in the network as either a renderer or a provider of computing power. Here’s how:

Renderer

Aspiring renderers can begin by submitting rendering tasks to the Render Network. You’ll need RNDR tokens, which serve as the network’s currency, to access the required computing power. Simply pay for the computing power you need with $RNDR tokens and get your rendering tasks done efficiently.

Provider

If you have unused computing power, you can contribute it to the Render Network. In return for your contributions, you'll earn RNDR tokens as rewards. This is a way to support the network and an opportunity to earn from your idle computing resources.

Governance

Holders of RNDR tokens have a say in the network's governance. Participate in voting on proposals and changes to the network's protocol, influencing its development and direction.

To get started, it's crucial to follow these steps:

1. Set up a crypto wallet to securely store your RNDR tokens.

2. Acquire RNDR tokens by purchasing them on platforms like KuCoin.

3. Withdraw your tokens to your wallet for safekeeping.

4. Connect your wallet to the Render Network and begin your journey.

How Many RNDR Tokens Are There?

The maximum total supply of RNDR tokens stands just above 531 million. As of October 2023, the circulating supply of the Render Network token is slightly above 371 million. According to Render Network tokenomics, the RNDR token allocation includes:

1. Six million tokens were allocated to the RNDR Reserve.

2. The sale of over 4.65 million RNDR tokens during the project's ICO.

The Render token distribution is as follows:

1. 10% of RNDR tokens were assigned to team members and advisors.

2. 25% was set aside for future token sales.

3. A significant 65% of the RNDR supply was dedicated to the user development fund.

What is the all-time high price of Render Token (RNDR)?
The all-time high price of Render Token (RNDR) is $13.5900. The current price of RNDR is down 0.48% from its all-time high.
What is the all-time low price of Render Token (RNDR)?
The all-time low price of Render Token (RNDR) is $0.0367. The current price of RNDR is up 190.03% from its all-time low.
How much Render Token (RNDR) is there in circulation?
As of 7 21, 2024, there is currently 392,459,381 RNDR in circulation. RNDR has a maximum supply of 536,870,912.
What is the market cap of Render Token (RNDR)?
The current market cap of RNDR is $2.76B. It is calculated by multiplying the current supply of RNDR by its real-time market price of $2.76B.
How do I store Render Token (RNDR)?
You can securely store your Render Token in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your RNDR include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Render Token (RNDR) to cash?
You can instantly exchange your Render Token (RNDR) for cash using KuCoin's Fast Trade feature. This feature enables you to convert RNDR to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.
Fear & Greed Index
Note: Data is for reference only.
Fear39
RNDR
Estimated
-- USD
RNDR/USDT1
$7.0200+2.94%