How this high-performance network reconfigures monetization in decentralized ecosystems

Decentralized networks, including blockchain and cryptocurrency, have revolutionized the monetization system by allowing developers to generate their own revenue. Whether they design and deploy projects on the blockchain, launch tokens, or create smart contracts, developers’ skills are always in demand and valued.

However, as ecosystems and competition boomed, monetization became a challenge due to market volatility that affected revenue stability, as well as the technical complexity of developing secure and reliable blockchain solutions for the ever-changing industry.

Approaching these responsibilities led to innovations, such as the Render Network, which enabled creators to monetize their compute power for GPU owners. Considering that the GPUs would otherwise be idle, the demand for this resource has kept the Render price steady, as GPU owners lend out their unused power to creators, such as graphic artists or studio modelers, who can leverage rendering resources at lower costs and higher speeds.

Let’s see how this system works.

The Creators and Node Operators

Users of the Render Network fall into two categories:

• The Creators, or artists (AR/VR/XR visionaries, mechanical engineers, and architects), can utilize GPU power to overcome technological limitations that hinder imagination and skills. To access the Render functionalities, an active OctaneRender License or subscription is required from the Creator Portal.
• Node Operators whose GPU is sometimes idle, including hardware enthusiasts or cryptocurrency users. They can utilize their GPU downtime and earn RNDR by registering their GPUs on the network, allowing Creators to rent them out.

The switch from Ethereum to Solana

The Render community is always looking for ways to improve the rendering process, as well as facilitate the GPU exchange, which is why it voted on the upgrade from Ethereum to Solana. While users initially built on Ethereum for its security, scalability, and interoperability, they voted for Solana to benefit from faster, cheaper functions, as well as the opportunity to leverage Render’s broader vision for development. Hence, users had to get a Solana wallet to continue their GPU transactions.

The introduction of Solana will make it easier for Creators to use functions like Blender or Houdini, as well as leverage AI generation tools on the network. Render provides thorough tutorials on how to use these products and services with step-by-step instructions.

Render supports Octane for its GPU render engine, and its powerful features have numerous use cases in interior design, architectural exteriors, and automotive design.

What are Render’s best use cases?

Render holders help sustain the ecosystem and improve governance by keeping it in circulation. This proves the necessity of cryptocurrency in decentralized networks, with potential in centralized systems as well. Yi He, Co-Founder of Binance.com, remarked, “Crypto is not merely the future of finance—it’s already reshaping global systems day by day.”

RNDR holders can submit and vote on development proposals, as seen with the switch from Ethereum to Solana, showcasing the power of crypto communities. In addition, the token facilitates transactions between Creators and Node Operators, building momentum with 3D rendering for the following industries:

• Film
• Gaming
• Artificial intelligence
• Augmented reality
• Architecture
• Scientific research

One of the best projects Render is known for is the collaboration between MSG Sphere and Coca-Cola for 2024’s Super Bowl commercial, featuring the immersive Las Vegas Sphere. The project relied on Octane Render and C4D, as well as the Render Network.

Another notable contribution to the Render Network is the Star Trek spatial experience on Apple Vision Pro. The exciting project allowed users to experience life in a physical starship, modeled after the original 11-foot USS Enterprise. The unbiased realism and immersive media creation created an unprecedented moment in media rendering.

Render and AI

The Render Network has shown support towards machine learning systems and artificial intelligence, considering how they could contribute to rendering improvements. It’s also one of the leading networks in the approach to AI. The Render Network Foundation has created a special section for AI development, led by the Scouts, who are industry professionals with the capabilities to help onboard AI projects on Render.

Render has become one of the leading tools for AI generation, particularly in 3D workflows, offering users innovative services and products such as Sable Diffusion, Dream Machine, and Photon. The company is also developing tools for render-to-video, video-to-video, and text-to-3D conversions.

Render’s contribution to the growing interest in Gen AI

While many are skeptical about the use of Gen AI, Render works on establishing itself as a leading power contributing to the future. The issue with controlling this technology lies in the lack of regulations that governments should ensure, but Gen AI can ease and improve tasks by:

• Creating original content, including texts, images, and audio files;
• Designing synthetic data;
• Turning enterprise data into knowledge;

Render helps drive interest in cryptocurrency

Render is one of the many innovative projects that showcase the potential of cryptocurrency and incentivization for creators, whose jobs are crucial to the modern world. A collaboration between human intelligence and artificial intelligence can be done with the proper guidelines and framework, without endangering developers’ professions.

In the future, receiving rewards, incentives, and salaries in crypto will be possible and more beneficial for companies, considering the tax advantages and the fast transactions with affordable fees. Cryptocurrency is more than a tool: it’s a channel that connects people worldwide and supports their skills and connections.

In addition, there are numerous other tokens, such as Render, including ADA (Cardano), XRP (Ripple), and XLM (Stellar), whose goals include innovation and development suitable for the real world. Maintaining competition in the crypto industry ensures space for improvements, as each decentralized project will eventually upgrade its features, products, and services.

Render will change the creative industry

Render is an innovative project that connects users with spare GPU capabilities with creative developers who can benefit from the high-speed GPU resources provided. It’s heavily used in media and Gen AI, providing people with the channels and resources to make their creative processes easier to manage and closer to deployment on the Web. Its cryptocurrency, RENDER, helps incentivize this process and contributes to a positive image of crypto assets.