Changelly welcomes the RNDR token, which from now on can be easily and quickly exchanged for other digital assets at floating rates.
The RNDR token is an ERC-20 utility token designed to power rendering work on the RNDR Network. RNDR utilizes a combination of manual and automatic proof-of-work systems, or in this case, proof-of-render, in order to verify that all the art has been successfully rendered prior to payment disbursal and art release. Utilizing the inherent security properties of the Ethereum blockchain, proprietary assets are hashed upon uploading and sent to nodes piecemeal for rendering. All RNDR payments are stored in escrow during rendering and are released to node operators upon manual verification of successful work by the commissioning artist.
RNDR gives GPU owners an opportunity to monetize otherwise idle GPUs by offering their computing power to creators in search of rendering resources. In short, RNDR allows GPU owners to loan out their GPU power to creators in need of additional power.
About the RNDR Network
The RNDR Network is a high-performance distributed GPU rendering network that leverages industry-leading OTOY Inc. software to facilitate a compute marketplace between GPU providers and GPU requestors. The project aims to bridge the gap between creating a system that appeals to both cryptocurrency communities and Hollywood studio production pipelines.
Changelly provides an ecosystem of products and services that enables customers to have a one-stop-shop experience when engaging with crypto.
Operating since 2015, Changelly acts as an intermediary between crypto exchanges and users, offering access to 200+ cryptocurrencies that can be effortlessly exchanged within 10 minutes on desktop and on the go via Changelly mobile app.
In 2020, Changelly branched out to accommodate the needs of traders. PRO has been built as a platform focused on the customer’s needs, effectively enabling retail buying and selling digital tokens and coins. Piggybacking on the great support system found within Changelly, Changelly PRO will provide the community with high limits, effective pricing, fast execution, and 24/7 live support.
Learn more about Changelly:
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