RENDER IT COIN - The Future of Mining Starts Here
GPUs, the most efficient rendering hardware, are now a standard component on every phone and PC. However, most developers’ GPUs remain idle when they are not rendering their own work. There are limits on what can be done rendering GPU power locally, on a network, or even in the cloud. It’s impossible to leverage GPUs throughout the world efficiently without some sort of decentralized system that tracks and manages render jobs.
Centralized data centers have been unable to expand fast enough to meet the demand, and they use enterprise-grade GPUs hardware, designed for intense workloads, which are far more expensive and only marginally better than consumer GPU’s. Today, a large and growing amount of GPU power is used for Proof-of-Work (PoW) mining. But PoW is inherently inefficient, leveraging GPU power to solve arbitrary hash functions in order to power the network. GPUs should be used for the work that they were designed for, and this will eventually be the underlying protocol that will power the Render Network.
There is no universally accessible storage location for artists to store their work and know that it is theirs. Through the blockchain and the ledger-based storage protocol of the RNDR network, artists are able to store and access their designs and creations.
Render It is a solution created for rendering computer graphics, which is created from hardware and the latest technological developments. The company leases expensive and powerful hardware, thus providing support in the implementation of various operations to various companies and creative people who, due to the lack of large funds, can not buy such hardware.
The Render Network will be the first network to transform the power of GPU compute into a decentralized economy of connected 3D assets. The Render Network is designed to connect users looking to perform render jobs with people who have idle GPUs to process the renders. Owners would connect their GPUs to the Render Network in order to receive and complete rendering jobs using OctaneRender. Users would send RNDR to the individual performing the render work and OTOY would receive a small percentage of RNDR for facilitating the transaction and running the Render Network.
Instead of GPUs being used to only mine currencies, Render will use their intrinsic function to render and leverage the features of the blockchain: network, incentives and trust.
Graphics chip giants such as AMD and Nvidia have already started creating GPUs solely for mining on blockchains. Render Token can tap the potential of the ecosystem already existing among developers and OctaneRender customers and move it onto the immutable and distributed database of the blockchain.
Such a blockchain based rendering network can facilitate efficient, reliable, and remunerative rendering of time-stamped tasks on a peer-to-peer basis.
The goal is to reduce the cost of these facilities and reduce the price of services provided. Since interests are not limited to computer graphics, but also include Blockchain technology, which is responsible for ensuring the existence of digital currencies. Also, the construction of its own WIND TURBINE - a source of renewable energy. This will enable customers to manage their devices, at low energy costs and equipment maintenance. Render it Coin provides you with easier access to rendering machines and new contracts for mining digital currencies.
The vision is for Render It Coin to become universally recognized as the dominant digital computer graphics rendering and latest computer hardware access currency that is traded and recorded on the global cryptocurrency exchange.
Render It Coin, symbolized by RNDIT and for simplicity called "Coins" or "tokens" for the purpose of this document, is our cryptocurrency designed and supported by the intelligent contract ERC20 presented by Ethereum Owned, designed and managed by our company Render It, It will act as the main payment method and the mediator currency for all other accepted forms of payment that we receive in exchange for our services. As it is still in the birth stage, it is offered in one phase, usually called "initial coin offer" or "ICO" for a short time by experts in this business area, with a minimum price and can be achieved using a payment form with a general credit card and even popular cryptocurrencies, such as Bitcoin or Ethereum.
Once the ICO stage is completed and our currencies are truly designed and distributed, we will register them in local and global digital currency exchange lists, where they will be exchanged with other famous cryptocurrencies, which we have mentioned above and many more. Building our own cryptocurrency requires the specifications of an amount capacity, which means that it establishes the maximum limit that will regulate our supply of coins, and we decided to repair 5 million chips. this is the optimal amount. Building our own cryptocurrency requires the specifications of an amount capacity, which means that it establishes the maximum limit that will regulate our supply of coins, and we decided to repair 5 million chips. this is the optimal amount Building our own cryptocurrency requires the specifications of an amount capacity, which means that it establishes the maximum limit that will regulate our supply of coins, and we decided to repair 5 million chips.
- Ethereum Based
Smart contracts for currencies will get a good fame with the help of global exchange. Since Ethereum uses the features of Blockchain technology, Render it Coin also takes advantage of these unique features of this innovation. Features such as access to the platform worldwide, a decentralized system, complete privacy, the elimination of fraudsters and many other features will be made available through these innovative technologies.
- Constant value
The company has created and integrated Render It Coin, so it will always be able to maintain its importance when using it as a means of payment for the services offered on this site.
- Withdrawal at any time
Virtual currencies of the platform will be always available. You can withdraw the purchased currency from your account at any time convenient for you.
- A token supported by high-specification hardware
With the help of tokens, you will get access to productive computer software, remote access to hardware to perform various kinds of computing operations and to pay for contracts.
- Reduction of energy costs
To achieve this, the company will allocate funds to investors to create a wind turbine that will reduce large operating costs for electricity. As a result, it will open the way to introduce unique innovative solutions and services.
- The adoption of coins
The digital currency Render It Coin will act as an accepted form of payment for all operations that can be performed on the site and will always be constantly evaluated, reducing rates if this currency gets growth.
- Rent of high-performance computer equipment
Customers will be able to purchase these tokens in order to rent productive computer equipment on this platform.
The Idea of the project is to Render it Coin has become universally recognized as the dominant digital computer graphics and the latest currency of access to computer equipment, which is traded and recorded on the global exchange of cryptocurrencies.
- Token Name: RNDIT Token
- Platform: Ethereum
- Type: ERC20
- Tokens for sale: 4,000,000
- Pre ICO Price: 1 RNDIT = 2.5 EUR
- ICO Price: 1 RNDIT = 10 EUR
- Platform: ERC20 Ethereum
- Accepting: BTC, ETH, Fiat
- Minimum investment: 10 EUR
- Soft cap: 5,000,000 EUR
- Hard cap: 25,000,000 EUR
- Country: Ireland
- Whitelist/KYC: None
- Restricted areas: None
For more information, please visit:
White Paper: https://renderitcoin.eu/white_paper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=4927326.msg44381095#msg44381095
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1847143