Why Is the Bargain Cryptocurrency RNDR Soaring? | by Stephen Dalton | Feb, 2023


ICYMI, Apple made Octane X available in the Apple Store. Imagine having 3D rendering right at your fingertips. The ability to add 3D rendering to your images, video, and more on the fly

Game World Work in Progress (WiP) using 3D rendering — PowerPoint Design Creation tool Art from Night Café AI.

OK, so this WiP from a game world is not as breathtaking in 2D as it would be in 3D.

RNDR to USD conversion 7-day Chart Screenshot from Coin Market Cap 2 FEB 23.

From $.87 to $1.56 is astounding growth in just one week.

OK, So What Is 3D Rendering?

3D rendering is the process of creating a 2D image or video based on a 3D model.

It’s used by creatives in various industries, such as architecture, interior design, video games, and film. The process of 3D rendering involves creating a virtual environment and then using software to simulate how light interacts with the objects within that environment.

This allows for the creation of highly detailed and realistic images and videos that can be used for games, presentations, marketing materials, and more.

3D rendering has revolutionized how we visualize and understand designs and has become an indispensable tool for many professionals in the creative industries.

With 3D rendering, you’ll be able to apply lighting, shadows, and other effects and see it on the screen almost immediately. This is a boon for visual creators. Make your images come to life with this fantastic tool from the Render Network®.

Plus, you’ll be able to integrate plug-in support from Cinema 4D, Maya, Houdini, Blender, and many other content-creation tools for 3D graphics.

“As we look to the future of computing and next generation media, being able to create, share, and monetize artwork from any device in near real-time will profoundly reshape the information landscape in the coming decades. Octane X for the iPad is a window into the future of ubiquitous immersive computing — with our tools, we hope it will become a game changer for creative expression.” — Jules Urbach, Founder & CEO of OTOY.

Your graphics will pop off the page or video. Now, Metaverse and Web3.0 developers, designers, architects, and others will have real-time supercharged GPU creation assistance courtesy of the MacOS Big Sur with the help of the Apple Pencil on your iPad.

“MacOS Big Sur elevates the most advanced desktop operating system in the world to a new level of power and beauty. Experience Mac to the fullest with a refined new design. Enjoy the biggest Safari update ever. Discover new features for Maps and Messages. And get even more transparency around your privacy.” — Mac App Store Preview.

Developers already had the power to add trackpads, monitors, a Bluetooth mouse, and other tools for use with the desktop app for the MacOS since DEC 22. And then download their creation to 3D toolsets like Unity3D, Unreal Engine, or nearly 20 others.

“Mac users can now pull off real-time, photo-realistic 3D rendering. Fast.” — Apple Store Preview.

This is an excellent video if you want a simple, animated whiteboard explanation of 3D rendering and the RNDR token.

What Is Render Token? RNDR Explained with Animations

#Crypto #Cryptocurrency #RNDR #Crypto #Cryptocurrency

Who Was the Octane X Founder?

OTOY’s founder was Jules Urbach, also their CEO. He has over a quarter century of experience with computer graphics and is an Academy Award recipient.

“Octane X for the iPad Pro is a milestone breakthrough to democratizing state-of-the-art GPU graphics. Now artists can access Octane’s full feature set from mobile devices — with a new UX designed for Multi Touch technology on iPad and support for Apple Pencil — opening up revolutionary new creative possibilities.” — Cision PR Newswire.

You can now own it on your mobile device with a quick trip to the Apple Store.

How Does All This Affect the Price of RNDR?

Although users can download and use 3D rendering with a free one-year subscription, continued use could monetize the Render Network.

$RDNR is the ERC-20 utility token that uses the combined Proof-of-Work (PoW) and Proof-of-Render consensus mechanism to provide users the ability to verify rendered art before payment and release of the art.

All artwork on the Render Network is watermarked until completion and verification of the original work; then, the art is unwatermarked and released, and the validators are paid.

Therefore, with the ability to conveniently obtain Octane X from the Apple Store, it is hoped the utility token will be more widely used by developers, designers, and architects for gaming and Hollywood productions. Of course, to the developer, it’s all about creativity.

RNDR Price Data Today

“The live Render Token price today is $1.58 USD with a 24-hour trading volume of $239,624,798 USD. We update our RNDR to USD price in real-time. Render Token is up 10.54% in the last 24 hours. The current CoinMarketCap ranking is #98, with a live market cap of $402,009,429 USD. It has a circulating supply of 253,798,860 RNDR coins and a max. supply of 536,870,912 RNDR coins.” — Coin Market Cap.

RDNR to USD Chart All-Time. Screenshot of CoinMarketCap 2 FEB 23.

Is RNDR a Viable Long-Term Investment?

That’s something you should decide for yourself.


$RNDR #OctaneRender

There is also a new “burn” model for RNDR.

Since I started writing this article about two hours ago, the price has gone from $1.58 to $1.73. Be sure to set an entry and exit price and watch this token, as it could be very volatile until the news of the burn and the Apple Store calm down.

However, if you’re a day trader, you might want to jump in soon.

Before deciding if this is a viable long-term investment for you, do your own research (DYOR), and only use money you can afford to lose.

DISCLAIMER: This article is for entertainment and informational purposes only. It should not be considered financial or legal advice. Not all information will be accurate. I am not a financial adviser, and you should consider anything I write as informational and friendly banter to show you what is possible if you invest your money in these vehicles. However, there are no guarantees. Consult a financial professional before making any significant financial decisions.

Note: This post contains affiliate links. Read my disclosure statement for additional information.

About the Author Photo by Jean Springs from Pexels.

Stephen Dalton is a retired US Army First Sergeant with a degree in journalism from the University of Maryland and a Certified US English Chicago Manual of Style Editor. Also, a Top Writer in Nutrition, Investing, Travel, Fiction, Transportation, VR, NFL, Design, Creativity, and Short Story.

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