RNDR is a high performance distributed GPU rendering network based on OctaneRender.

Transform distributed GPU computing power into a distributed economy of connected 3D assets, in which any object or environment can be created, shared, remixed and monetized via blockchain.

Creating and publishing state-of-the-art graphics is a huge challenge that grows every day. Future demands for advanced rendering will result in greater complexity, requiring higher resolution and more interactivity.

The goal of RNDR is to connect graphics creators who need GPU power to perform rendering jobs to users with free resources (node operators). Users who need to render jobs pay for the services in RNDR, while the network takes care of the transactions and assigns jobs between nodes. A small portion is paid as a service fee (0.5% to 5% of the total amount needed to process the work, depending on supply and demand) and helps maintain the peer-to-peer network. To participate, users create accounts associated with the Ethereum blockchain and unique wallets, and then start interacting with RNDR tokens and the network.

When requested to work, the network trades with two parties, the node operator providing computing power and the user requesting to run the rendering work. The transaction costs are calculated by the network in the RNDR, and finally the smart contract transfers the amount from one account to another. The main players in this process are listed below: 1 RNDR Network: Coordinates and facilitates the supply and demand for rendering work using smart contracts. It automatically assigns render jobs across nodes and pays for services; 2-node operator: provides computing power to perform rendering work and is paid for by the network in RNDR tokens. Node operators can join the network using desktop clients and receive a unique ID that will be linked to a wallet. Join the network, which can determine the baseline information that will be used to better allocate resources. 3 Creator: the end user of the network. People who need computing power to perform rendering work, which is done by connecting to a Web interface, linking wallets, and selecting work preferences. Once the work is processed, the user confirms that the output has been generated and pays for it. 4 Dual Operators: The user plays the role of node operator and creator. Typically selling idle GPU power to the network when not using their hardware to accumulate RNDR that can be used when additional computing power is needed to run jobs.

RNDR Network is supported by the ERC-20 standard Utility Token RNDR, which is used to pay for animation, motion graphics and visual effects rendering tasks performed on the distributed RNDR Network.

RNDR Network uses multi-tier Pricing (MTP). Multi-tier pricing lets users choose which level of computing power they want to use for rendering based on parameters such as speed, system configuration, security, etc. The price of computing power per tier is basically stable, but will be adjusted periodically based on GPU performance, GPU cloud rendering cost, and decentralized supply and demand data.

The initial coin offering period is from October 6, 2017 to October 12, 2017. In the process, a total of 4,650,922 RNDR were sold at $0.25 per token. Further distribution scheme is as follows: 10% - team members and consultants, lockup period of 6 months 25% - Token sales purchasers 65% - User development fund, as demand increases will flow back to the network from January 2018 to May 2018, a private sale is completed. Private sales of tokens have the same price as an ICO (1 $RNDR = $0.25 USD). The sale allocated approximately 3 per cent of the 25 per cent token supply for sale. There is no lock-in or vesting time for this sale

The owner can connect his GPU to the rendering network in order to receive and complete the rendering job using OctaneRender. The user will send RNDR to the individual performing the rendering work and OTOY will receive a small amount of RNDR to facilitate trading and run the rendering network.

RNDR is designed to reduce the losses caused by supply and demand mismatches, which are often caused by monopolies and distorted pricing. P2P rendering platforms based on blockchain can well reduce such losses and form new economic productivity, while multi-level pricing mechanisms can achieve a better balance between supply and demand by providing different parameter choices and price elasticity.

No actual application, ethereum performance limitation, etc

RNDR is a blockchain-based distributed GPU rendering network owned by OTOY, an authoritative cloud rendering company. It is composed of artists and GPU (graphics processing unit) computing power providers, providing users around the world with powerful rendering capabilities "at their fingertips". RNDR Network is supported by the ERC-20 standard Utility Token RNDR, which is used to pay for animation, motion graphics and visual effects rendering tasks performed on the distributed RNDR Network. Its value is supported by token consumption and transaction costs when using the platform's apps. Everything depends on the follow-up development of the project.