Okay, now that I've re-watched the GTC 2021: The Future of GPU Rendering presentation - time for an updated thread🧵regarding some highlights from the presentation and some additional thoughts to bring everything together
1/n
2/n
Let's start high level with OTOY (@OTOY) the company behind $RNDR
The ecosystem supports 26+ plugins 🔌🔥
Also look at some of these productions that have leveraged OTOY's tech🤯
Octane 2020.2 - all I have to say is WOW 😲at all the NEW🆕features and IMPROVEMENTS 🦾to existing features
Now, lets get back to $RNDR specifics - as described by @JulesUrbach its "essentially UBER for GPU rendering"
What are others in the industry saying though? 👀👇
4/n
John Knoll, Graphics Pioneer - "On RNDR, I was able to scale up a project from my local workstation to thousands of high-end NVIDIA GPUs, allowing me to meet an ambitious deadline without making compromises in final image quality"
John Knoll, Graphics Pioneer - "Tapping unlimited capacity is a first for GPU cloud rendering, and I can see this becoming INCREASINGLY important as the industry transitions from 2K to ultra-high-resolution 4K, 8K, and immersive formats"
Future relevant and importance✅
6/n
Mark Miller, Media and Entertainment in Microsoft Azure - "GPU cloud rendering is TRANSFORMING the media and entertainment industry, generating new production EFFICIENCIES that help artists to PUSH the boundaries of creativity."
transformational and efficient✅
7/n
Manish Sainani, Product Management, ML Infrastructure (Google Cloud) - "Bringing A2 instances to RNDR is a GAME CHANGER for ultra-high resolution production, machine learning augmented rendering workflows, and next generation immersive media formats."
game changer ✅
8/n
Ari Emanuel, OTOY Advisory Board - "Jules and I have been building a system for the FUTURE. It will all be built on RNDR. We have lined up and signed deals with all of the MAJOR media companies from Disney and HBO to Facebook and Unity."
deals lined up and signed ✅
9/n
Ari Emanuel, OTOY Advisory Board - "LightStages will be built at our WME offices for blockchain based scans of all our clients and athletes. I am DRIVING media to go through the Render Token network."
@RenderToken - scans of actors and athletes 🏀⚾️- driven through $RNDR ✅
10/n
Brendan Eich, OTOY Advisory Board - "OTOY is building RNDR, its own GPU-cloud rendering token, to decentralize AR/VR, game, and movie rendering to over 7 million GPUs owners. The ADVANTAGES of RNDR align with those of the @AttentionToken "
AR/VR - games 🎮🕹️- movies🎥🎬 ✅
11/n
Brendan Eich, OTOY Advisory Board - "I’m thrilled by the prospects for RNDR, BAT and other domain-specific tokens that will BIND the Metaverse economy into a coherent and equitable, yet decentralized, whole. The FUTURE will be TOKENIZED!:
Binding the metaverse economy✅
12/n
Dr. Eric Schmidt, OTOY Advisory Board - “Six years ago I predicted that 90% of computing would eventually reside in the web-based #cloud. OTOY has created a REMARKABLE #technology which moves that last 10%, high-end graphics processing, to the cloud."
remarkable tech ✅
13/n
Also, do a quick look around Twitter to see what @beeple has to say about the project - He was just announced as the newest Advisory Board member - Congrats again🥳🥂🎊🎉 @beeple
Hint - he approves - along with ALL the other amazingly talented artists🎨👩🎨 using $RNDR ✅
14/n
And here come all the haters that haven't done their research... "but NFTs are bad for the environment"
Check yourself before you wreck yourself - $RNDR announced major partnership with @0xPolygon - GREEN ♻️💚🌎, COST EFFECTIVE and EFFICIENT⚡️ ✅
15/n
More on other major partnerships - How about Autodesk ARNOLD @arnoldrenderer - something I'm super excited about
According to @JulesUrbach, this partnership serves as a TEMPLATE for other RENDERERS joining $RNDR down the line and makes ONBOARDING straight forward 🔥💯
16/n
Oh yeah, @Microsoft and @Google officially joined $RNDR 🔥💯🚀- I'm just going to go out on a limb and assume they know what they are doing
I7/n
More on growth and scaling (see 15/n)... I wonder what the network effects will be when more Renderers are onboarded 🌐🤝
10,000+ active users and growing ✅
1 Million + $RNDR tokens spent on jobs (growing FAST - most of those in last few months) 🤯
18/n
Reasons why ARTISTS and GPU providers should care?
@JulesUrbach explained that the @RenderToken network provides a HEALTHY BALANCE between value proposition for artists paying for rendering on the network and GPU providers running those RNDR jobs
19/n
Jules explained that the GPU providers are getting paid out something that is MORE profitable 💰💸🤑 than other cryptos (e.g., mining) and also much higher than their electric 🔌⚡️bill
WIN - WIN for artists and GPU providers! ✅
20/n
ROADMAP 🛣️🗺️TIME (Phase 4)
- All ORBX asset and author hash and GUIDs are decentralized for #IntellectualProperty rights systems
- enabling real time (low latency) streaming as RNDR work (essentially replacing x.io service today) - think #cloudgaming ☁️🎮
21/n
ROADMAP cont...
- RNDR SDK will enable new extensions and services to be offered by ANYONE through the $RNDR blockchain
- Usage based licence (UBL) subscriptions - powered by $RNDR token
- 3rd party software and services - such as #EmberGenFX to the "RNDR+" UBL system
22/n
More on the SDK... the $RNDR SDK is a fully portable API and the @RenderToken team "wants people to build other renders that can be plugged into $RNDR and #octanerender
This also goes back to the GROWTH, SCALABILITY and ADOPTION points above ✅
23/n
Oh yeah, another little hint dropped at a possible @coinbase listing when mentioning the UBL 🔥🚀😉
Okay, Okay - enough speculation and hype - back to business 👇
- linking every part of a RNDR job to an #ERC721 token (fast, essentially free, and eco friendly!)
- existing #NFTs can be linked to anything on the same #RNDR wallet
- taking NFTs to another level - dynamic NFTs, live streams, etc.
25/n
The Metaverse Archive: check out the presentation to get more details on the following RNDR Archives for @beeple@thealexrossart and @roddenberry
- archive for artists✅
- create and verify🔍 work✅
- permanently stored💾 for posterity⌛️✅
26/26
But seriously, go watch the video because there is so much more I didn't cover. Give it a glance and watch up until the end for @JulesUrbach insights on the "future of blockchain art... with a whole new flavor of utility"
Why I personally like $RNDR @RenderToken with some macro views in the 🧵👇- as always please DYOR.
TLDR: 1. crypto/web3 continued growth and adoption 2. shortages of GPUs 3. Increased GPU demand 4. #Metaverse growth 5. AI and Machine Learning 6. Integrations $SOL, $BRAVE, ETC.)
1/ won't go into detail of crypto/web3 continued growth and adoption. $RNDR has a working product that provides utility to various market participants. As crypto grows, $RNDR should grow with it 💗
2/ GPU Shortages: In an interview with Yahoo finance, Nvidia CEO Jensen Huang shared his outlook "I think that through the next year, DEMAND is going to FAR EXCEED SUPPLY. We don’t have any magic bullets in navigating the supply chain," he told Yahoo.
@sentosumosaba - I completely agree, I would love it if @GaryGensler would explain the supposed "clarity" he touted at the Aspen Security Forum based on the growing twitter fire. Gary, have you seen the posts by @digitalassetbuy lately?
@GaryGensler - here is a link to a video of your comments if you've forgotten you said "I actually think there is a FAIR AMOUNT OF CLARITY"
3/9
In that video, you also say "the probability is quite remote that with 50 plus tokens, that none of them are securities - it just sort of belies the arithmetic that I've learned and how I learned to think about probabilities at @MITMath"
Some additional interesting clips from Consensus 2019: Perspectives on SEC Engagement concerning digital assets.
Full video below, but comments and thoughts in following thread.
2/n
Note that the participants include: 1. Amy Starr (Chief of the Office of Capital Markets Trends in the Division of Corporate Finance of the @SECGov)
2. Dorothy DeWitt (General Counsel - Business Lines and Markets at Coinbase)
3/n
Also note that Amy gave her "these are my personal views" disclaimer - I'm trying to figure out when any of these officials at the SEC ever discuss views of the agency, perhaps the agency has no views