Buy Render
What is Render?
Render, also known by its ticker symbol RNDR, is a decentralised platform that leverages blockchain technology to create a distributed GPU marketplace. It connects users in need of rendering power for graphics computing with individuals and businesses that have idle GPU capacity.
How does Render work?
Render operates as a blockchain-based peer-to-peer network where users looking for graphics computing power are matched with those offering unused GPU power. Initially built on the Ethereum blockchain, it plans to migrate to Solana to improve speed, cost, and scalability. The network uses a custom consensus mechanism called Proof of Render (PoR) to verify rendering job completion before payments are made. Smart contracts are employed to manage job submissions and payments.
What are the potential use cases for Render?
Render can be used across various industries and applications, such as:
- Gaming: For rendering high-quality graphics.
- Film and Animation: Provides cost-effective solutions for visual effects rendering.
- Architecture and Design: Enables quick and detailed visualisations.
- Advertising and Marketing: Facilitates the creation of high-quality renderings.
- Scientific Research: Supports the visualisation of complex simulations.
- Virtual Reality (VR) and Augmented Reality (AR): Enhances immersive experiences.
It also boasts partnerships with companies like OctaneRender and collaborations for charity projects and climate initiatives.
What is the history of Render?
Render was initiated by Jules Urbach, CEO of OTOY, a company that specialises in rendering and computer graphics, in 2016. An ICO was conducted in 2017, and the network opened for users in 2018. It transitioned from the Ethereum testnet to the mainnet in 2019, and its main product was launched in 2020. Over the years, it has integrated with major platforms like OctaneRender and Apple to expand its offerings and market reach.
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Frequently Asked Questions (FAQs)
What is the current price of Render (RENDER)?
The Render price is $10.66 AUD, representing a -13.8% from the day prior.
Where is the best place to buy Render (RENDER) in Australia?
The best place to buy Render (RENDER) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Render (RENDER) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Render (RENDER)?
The trading volume of Render (RENDER) is $514.5M AUD in the last 24hrs, representing a -13.8% from the day prior.
How can I buy Render (RENDER)?
Render (RENDER) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Render (RENDER)?
The current market cap of Render (RENDER) is $5.4B AUD.
Can I convert Render (RENDER) to cash?
Yes - With Coinstash you can convert your Render (RENDER) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Render (RENDER) are there?
The current circulating supply of Render (RENDER) is 517.7M.
Is Coinstash a safe place to buy Render (RENDER) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Render (RENDER) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.