Render Network (RNDR)— 20–30x by December 2024?
As one of the best-performing crypto assets in 2023, is a new all-time high on the horizon?
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With ongoing technological improvements and greater processing power comes the expectation of more advanced graphics across various media, particularly for gaming.
On top of this, graphics rendering will become increasingly important with the advent of the metaverse, growth in VR/AR, improved frame rates (and general display specs) and faster average Internet speeds, living in an increasingly digital world…for better or worse.
Rendering complex images comes with cost and energy limitations, leading to an increasing need for cloud-based rendering as an alternative to on-site render farms.
These cloud-based services can be very costly despite the convenience of remotely accessing the required processing power.
This is where Render Network (RN) comes in, with its vision to democratise access to processing power through blockchain technology.
There is a competition for resources within the centralized GPU cloud — from GPU rendering and cloud streaming to AI…
