The Render Network provides GPU-based decentralized rendering solutions . In this thread, we will delve into what Render Network is and how it can revolutionize the digital creation process. 🧵🔽
1⃣ What is the Render Network?
Imagine a world where the power of blockchain technology unites the creative minds craving graphic rendering services with the GPU owners longing for their devices to be put to good use.
This very vision is brought to life by Render Network.
Render Network utilizes OctaneRender, a rendering program created by OTOY - which is the graphics software enterprise behind Render Network.
OctaneRender, synergized with the ORBX media and streaming framework, delivers 3D visuals with unparalleled rendering efficiency.
$RNDR began its journey on the Ethereum blockchain, but then migrated to the ETH Layer 2 network on #Polygon in order to handle substantial workloads more effectively.
However, in February, the company announced a strategic move to the #Solana Network.
More information👇
2⃣ What Problem does $RNDR want to solve?
As graphics evolve, artists face challenges in keeping up with advanced rendering. Traditional rendering technology struggles to efficiently scale GPU power, requiring a decentralized system to manage global rendering jobs.
Complex jobs with thousands of frames across multiple dimensions require external servers and additional resources.
No existing system has been able to scale rendering speed for tapping into the large pool of graphics cards from an online network.
3⃣ Solution
On the Render Network, GPU owners can become node operators and gain $RNDR tokens by accomplishing rendering tasks provided by creators.
These creators submit their digital files, which are then distributed to available operators on the network.
For rendered work, users make payments through $RNDR tokens while Render retains a minimal portion of the $RNDR payouts from each transaction to ensure the continuous development and maintenance of this impressive technology.
4⃣ Use Cases
In today's evolving digital landscape, the demand for captivating rendering solutions continues to surge.
Render extends its applications across various domains such as media, mixed reality, gaming, medical, virtual reality, industrial, and augmented reality.
5⃣ What benefits does the Render Network have?
Render offers a significant simplification of the conventional rendering and streaming processes for 3D environments and other visual effects.
Here are some key benefits:
✅Scalability
✅Lower costs
✅Speed
✅Security and user-friendliness
✅ Maximization of GPU efficiency
✅ GPU owners receive RNDR tokens as rewards
More benefits👇
6⃣What is the Render Token?
$RNDR tokens have been created specifically to support rendering work on the Render Network. The primary purpose of $RNDR is to serve as a means of payment for rendering services.
The token can be bought and sold on exchanges and node operators can earn $RNDR tokens for the rendering work performed on their nodes.
7⃣ Partnerships
A lot of big names have used Render Network in the past and it was mainly through @OTOY .
Here are some examples:👇
✅Apple
The most significant collaboration involves the iOS integration. Now, users can conveniently access the innovative render technology from their iPhones, iPads, and other Apple devices, no matter where they are.
Additional details regarding the partnership 👇
The Octane X app empowers artists to tap into the vast potential of decentralized GPUs within the Render Network.
It enables seamless scaling of rendering tasks in the cloud, paving the way for futuristic creative workflows.
More details👇
✅Adobe
OTOY developed a plugin that incorporates the Octane Render technology into Adobe After Effects.
This enhancement offers video producers not only enhanced video quality but also a streamlined workflow, allowing them to import entire 3D scenes directly into the timeline.
✅HBO & Discovery
HBO & Discovery have invested in OTOY. This venture aims to provide viewers with immersive experiences across various platforms, such as television, mobile devices, online, social media, and even emerging wearable technologies like virtual and augmented reality.
✅Facebook
In a collaboration back in 2015, Render joined forces with former Oculus CTO, John Carmack, to launch "Render the Metaverse."
This contest inspired creators and artists to push the boundaries of imagination and craft exceptional virtual reality artwork.
Two years down the road, another collaboration between OTOY and Facebook emerged.
This partnership aimed to integrate OTOY's rendering and publishing technology with Facebook's Surround 360 x24 and x6 cameras.
8⃣ Team
The Render Network team is a diverse group of global talent. Jules Urbach, the creative mastermind behind the network, has an unparalleled career spanning over two decades in computer graphics, streaming, 3D rendering, and cloud computing.
Renowned industry leaders grace the team's advisory board, including Ari Emmanuel ( WME ), JJ Abrams ( Bad Robot Productions ) , Beeple ( artist ) and @BrendanEich ( Brave Software and BAT ).
9⃣ Conclusion
Expanding the horizons of digital innovation, Render Network revolutionizes the way 3D environments and visual effects are rendered and streamed.
$RNDR has positioned itself as a formidable player in the rapidly expanding trillion-dollar markets of #ArtificialIntelligence , AR/VR, Films, and Gaming.
It also paves the way for a new era of advanced digital products and services in the ever-evolving metaverse.
The project has a strategic first-mover advantage and offers an enticing value proposition to major companies by presenting cost-saving opportunities in industries that generate and invest substantial amounts of money🔥.
Robonomics is an innovative open-source platform that allows users to exchange vital technical and economic information in the form of atomic transactions.
It can be used on a wide variety of IoT applications, as well as complex robotics devices.
👁️ Parachain & Relay Chain vision
Robonomics exists both on #Ethereum and partially on Polkadot.
1⃣ Who is Smart Token Labs?
Smart Token Labs has been at the forefront of promoting crypto adoption and composability since 2018.
It is specifically focused on developing composable smart token bridges, which will set a new standard for token composability in a Web3 future.
2⃣ What is the partnership about?
With the combination of Smart Token Labs and Ultra's blockchain technology, players will have numerous innovative experiences available to them!
Natix Network is on a mission to provide accessible and impartial geospatial intelligence.
In this thread, we will delve into what @NATIXNetwork is and how it addresses crucial challenges in the multibillion-dollar geospatial data market.
$NTXT #NTXT @AlirezaGhods2
1⃣ What is Natix Network?
NATIX Network democratizes geospatial intelligence for all to thrive. It taps into existing camera infrastructure to gather data and process it using advanced AI and Edge computing techniques, ensuring privacy is protected at all times.
The resulting Dynamic Map allows users to access and analyze real-time data, empowering them to make critical decisions with confidence.
1⃣ Who is ABS-CBN?
ABS-CBN is considered one of the leading media and entertainment companies in the Philippines. By collaborating with independent production firms and broadcasters, the company brings captivating television programs, films, and other content to life.
Their digital media division, ABS-CBN Digital Media, manages their social media accounts, amassing an impressive following of nearly 100 million across various sites. They have the most popular entertainment YouTube channel in Southeast Asia, with 43 million subscribers.