RenderToken (RNDR)

From CryptoWiki

Blockchain-based distributed GPU rendering on the Ethereum blockchain

Basics

  • Based in:
  • Started in / Announced on:
  • Testnet release:
  • Mainnet release:

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token Allocation

Utility

Other Details

Coin Distribution

Technology

  • Whitepaper or docs can be found [insert here].
  • Code can be viewed [insert here].
  • Consensus mechanism:
  • Algorithm:
  • Virtual Machine:
  • Development language used:

Transaction Details

How it works

Fees

"According to a description of the burn-and-mint equilibrium model on GitHub, RNDR will now act as the proprietary payment currency. “Jobs-to-be-done” will be priced in USD and creators will burn RNDR tokens equivalent to the job price. Then, non-transferable, non-fungible “Coupon Tokens” (or “Render Credits”) will be issued to track completed jobs. Node operators would be compensated for their work through base-asset issuance incentives that reward their availability to take on jobs and the number of jobs they completed within a network’s epoch."

Upgrades

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].
  • On January 20, 2023, the project announced the Render Network Foundation, a not-for-profit organization.

Funding

Partners

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