RenderToken (RNDR) is a utility token of a distributed GPU rendering network. Its purpose is to unite artists and studios with mining partners who rent out GPU capabilities.

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Render Token

Padi Frigg

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RT @MacDaffy: @pcos72 Rendering cost on the network are calculated in €. The tokens are behind the scenes, operating as an incentive mechan…

@pcos72 Rendering cost on the network are calculated in €. The tokens are behind the scenes, operating as an incentive mechanism.

This will be possible with a model which lets artists burn $RNDR and pays node providers with newly minted tokens.

Here‘s a thread about the new BME model: https://t.co/yCW3DJSDh1

Render Network | RNDR

As a long-time member and moderator of the $RNDR community, I want to break down the RNP001 Burn-and-Mint Equilibrium (BME) model in ELI5 way. 🧵👇🏻 $RNDR @RenderToken 

⚠️ Please note that these are my views and not those of the official Render Network team.