RNDR Token
About
RNDR Token enables distributed GPU rendering on the blockchain, using OctaneRender.
- Los Angeles,California,United States
- 51 - 100
- https://rendertoken.com/
Details
- Last Funding Type
- Funding Round
- Industries
- Blockchain,Computer,Cryptocurrency
- Founded date
- Jan 1, 2008
- Number Of Employee
- 51 - 100
- Operating Status
- Active
- Also Known As
- Render,Render Token
RNDR is OTOY’s token based rendering network. It enables distributed GPU rendering on the blockchain, using OctaneRender which is the world’s first and fastest GPU-accelerated, unbiased, physically correct renderer. Octane uses the graphics card in networked computers to render photo-realistic images super fast. With Octane’s parallel compute capabilities, users can render works in a fraction of the time, and at a better cost than centralized services. RNDR is currently the fund’s only pure utility token investment — in a use case where the token is actually delivering utility in a network, using proven technology to deliver a service with a real and strong market.
Funding Rounds
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Dec 21, 2021 | Initial Coin Offering | $30M | 6 |
Multicoin Capital
|
— | Detail |
| Apr 20, 2018 | Funding Round | — | 1 | — | — | Detail |
Investors
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Multicoin Capital
|
Yes | Initial Coin Offering |
Alameda Research
|
— | Initial Coin Offering |
|
|
— | Initial Coin Offering |
Sfermion
|
— | Initial Coin Offering |
Solana Foundation
|
— | Initial Coin Offering |
Vinny Lingham
|
— | Initial Coin Offering |
Kenetic
|
— | Funding Round |
Employee Profiles
