RNDR Token enables distributed GPU rendering on the blockchain, using OctaneRender.
Business Model: B2C
Revenue: $0
Employees: 51-200
Address: 1010 Wilshire Blvd,
City: Los Angeles
State: CA
Zip: 90017
Country: US
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.
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Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 12/2021 | Initial Coin Offering | $0 |
Alameda Research Bill Lee Multicoin Capital Sfermion Solana Foundation Vinny Lingham Alameda Research Bill Lee Multicoin Capital Sfermion Solana Foundation Vinny Lingham |
4/2018 | Funding Round | 1 | - |
Kenetic Kenetic |
12/2021 | Equity | 6 | $30M |
Multicoin Capital Alameda Research Bill Lee Multicoin Capital Sfermion Solana Foundation Vinny Lingham |
4/2018 | Funding Round | 1 | - |
Kenetic Kenetic |
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