Why Render May Be the Most Useful Crypto Yet

By  Pratik Bhuyan November 1, 2024

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Summary

  • Render Network connects creators with idle GPU power, making tasks like 3D rendering and VFX faster and cheaper.
  • Render collaborates with Apple, Stability AI, and Endeavor to expand its influence in AR/VR, AI training, and VFX-heavy industries.
  • It supports multiple rendering engines like Redshift and Blender’s Cycles, giving creators flexibility to process large-scale rendering jobs across distributed GPUs.

Introduction

The Render Network (RENDER) has emerged as a standout in the blockchain space, offering a utility that few cryptocurrencies can match. This article explores the origins of the Render Network, its recent transition to the Solana blockchain, connections to major industry players like Apple, and its ongoing initiatives that will answer why Render could be one of the few crypto projects out there that have a real tangible use case.

Origins and Early Vision

Founded in 2017 by Jules Urbach, the Render Network was created to address the growing demand for high-performance rendering capabilities in the 3D content creation space. The network aims to democratize access to high-performance GPU rendering, a critical resource for industries like visual effects (VFX), motion graphics, and gaming. By enabling peer-to-peer (P2P) GPU sharing, Render helps users complete resource-intensive tasks more efficiently and at a lower cost than traditional cloud-based solutions.

How It Works

Well, coming to the inner workings of the network, it’s a decentralized platform that hooks up creators with idle GPUs, making tasks like 3D rendering, visual effects & even AI training faster and cheaper by spreading the work across multiple GPUs.

Here's a quick rundown of how it all goes down:

  1. Decentralized GPU Sharing: Basically, the network links up artists or studios with people who have spare GPU power lying around. Creators upload their rendering jobs, and these get processed by available GPUs—like a supercharged version of cloud computing, but decentralized.
  2. ORBX Format: The magic happens using the ORBX format, which is just a technical way of saying it sends your 3D data to the network in a super-efficient way. It keeps the costs down while still preserving all the important details of the scene.
  3. Blockchain Powered: Everything runs on blockchain, so all payments happen using RENDER. This ensures that transactions are secure and transparent since the blockchain records everything.
  4. Burn-Mint Equilibrium: To keep things balanced, Render uses a burn-mint model. For each rendering task completed, some RENDER tokens get burned, and new tokens are minted to pay GPU owners. This helps stabilize the network's economy and ensures fair rewards for contributors.

While there are many layers to the process, this is the core takeaway: Render democratizes access to high-end computing power, using blockchain technology to ensure transparency and fairness across the board.

Real-World Use Cases

Now that we’ve covered the technical details, let’s see how it all comes together in the real world with some of their standout success stories:

Westworld by Raoul Marks

Raoul Marks, a two-time Emmy Award-winning and BAFTA-nominated Director & 3D Motion Designer, has produced iconic opening title sequences for hit shows like Westworld, The Peripheral, and Silo, utilizing the Render Network to enhance production efficiency. His use of Render's decentralized GPU computing has also extended to collaborations with brands like Louis Vuitton and Adidas and ventures into NFT releases, including his acclaimed "OG Astro" project.

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Still from “Westworld” opening, Source: Medium

Interdimensional Shift by David Ariew

Since discovering Render in 2013, Ariew has collaborated with high-profile artists like Beeple, Ketty Perry, Deadmau5 and others. Ariew's creative process heavily relies on the Render Network, which has dramatically expedited his rendering times—from over a month with his own setup to just a few hours using Render’s decentralized GPU power. This advancement has allowed him to produce high-resolution VR experiences and complex animations, as demonstrated in his recent piece Interdimensional Shift, featured at the Digital Art Fair Asia.

Speaking on “OctaneRender”, the feature that allows use of additional GPUs across multiple computers, J.J. Abrams, the acclaimed director, producer & actor behind films like Mission: Impossible III, Star Trek, and Super 8 (2011), shared his praise for the technology by stating:

“As technology continues to become democratized — including the sort of remarkable results you can get with Octane — more diverse and unique stories will be told. Worlds, familiar and extraordinary, will be created and distributed in ways that could not have been imagined a decade ago.”

Key Milestones Driving Render’s Growth

Transition to Solana

In 2023, Render Network made a major move by transitioning from Ethereum to Solana. This decision was driven by the need for a faster, more cost-effective blockchain to support its growing user base. Solana’s high throughput and low transaction fees make it a natural fit for Render's ecosystem, where users often process vast amounts of data. With this shift, Render also adopted a new token model, RENDER SPL, improving transaction speeds and lowering costs for GPU tasks on the network​.

Collaboration with Apple

One of the most exciting developments for Render is its expanding relationship with Apple. With Apple's push into AR/VR, particularly through the Vision Pro, the Render Network is poised to play a significant role in 3D content creation on Apple devices. Render's infrastructure could streamline complex workflows for Apple's creative professionals, allowing them to render highly detailed 3D models, animations, and visual effects more efficiently​.

Expanding to Support Redshift & Other Engines

Render's technical capabilities have continued to evolve, with the recent integration of Redshift—a popular GPU render engine used extensively in film and television production. By supporting Redshift, Render allows users to process large-scale rendering jobs on a decentralized network of GPUs. This gives artists and studios the ability to scale up their work across millions of distributed GPUs without the upfront cost of owning expensive hardware. Additionally, Render has also expanded support for Blender's Cycles engine, enabling a wider range of 3D production tools to tap into the network's power​.

Partnerships with Stability AI & Endeavor

Render is actively building partnerships to solidify its position in the creative and AI spaces. Recent collaborations with Stability AI and Endeavor are notable. Stability AI, a leader in AI-driven image generation (like Stable Diffusion), plans to leverage Render’s GPU power to improve the efficiency of its AI training models. On the other hand, the partnership with Endeavor, a global entertainment, sports, and content company, highlights Render’s utility in VFX-heavy industries, where high-quality rendering is essential for creating visually stunning productions​.

How To Get Involved with Render?

If all this has piqued your interest and you're wondering how to get involved with Render, well, the best way is by becoming a node operator. That said, there’s a minor update—right now, adding new nodes is paused while the network focuses on scaling up usage, but qualifying nodes can still join the waitlist.

Become a Node Operator

As a Node Operator, you contribute your unused GPU computing power to the network. When your GPU completes rendering jobs for creators, you earn $RENDER as payment.

The amount you earn depends on factors like:

  • The tier of the job (higher tiers pay more $RENDER)
  • The duration of the job
  • The complexity of the rendering task

To become a Node Operator, you'll need to set up a node (computer) with a compatible GPU and connect it to the Render Network. The network's sophisticated algorithms will then automatically allocate rendering jobs to your node based on your available resources and reputation score.

Why Render Stands Out

Render Network is a rare example of a cryptocurrency offering real-world utility beyond speculation or financial transactions. Its decentralized GPU rendering platform solves tangible problems for industries that rely on intensive computational power.

With its expanding network of partnerships, the integration of multiple rendering engines, and the move to Solana for increased scalability—Render is positioning itself as one of the most practical & innovative blockchain projects in the market today. For more details, make sure to check out their website and follow them on Twitter to stay updated with the latest news & announcements.


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