Parking in Green Zone, RNDR Coin Crypto Transaction Volume Touches IDR 675 Billion

Todaysgist, News – RenderToken (RNDR Coin) is a distributed GPU rendering network built on the Ethereum blockchain, which aims to connect artists and studios in need of GPU computing power with mining partners willing to rent out their GPU capabilities.

Reported from Coinmarketcapcreated in 2009 by OTOY inc and its CEO, Jules Urbach RNDR was launched in 2017, RNDR held its first public token sale in October of the same year, followed by a private sale period that lasted from January 2018 to May 2018, where a total of 117,843,239 RNDR.

During the private sale period, early adopters were admitted to the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network, leading up to its public launch on April 27, 2020.

RNDR Coin Price

Citing Coinmarketcap data, on Tuesday (20/8/2024) at 14.00 WIB, RNDR Coin experienced a significant price increase. Based on data from Coinmarketcap, the price of RNDR Coin is IDR 72,170 with a 24-hour trading volume of around IDR 675 billion. RNDR Coin has strengthened by 4.88 percent in the last 24 hours.

RNDR Coin has a market capitalization of around Rp28.32 trillion. To date, there has been a circulation of supply of 371.9 million RNDR Coins from a maximum supply of 536.8 million.

How RNDR Works

RNDR is an ERC-20 utility crypto token used by artists on the network to exchange GPU computing power from GPU providers (node ​​operators).

RNDR uses a combination of manual and automated proof of work systems, or in this case proof of renders, to verify all art has been successfully rendered prior to payment disbursement and art release.