Convert and Swap Render (ERC-20) RNDR to United States Dollar USD
RNDR/USD: 1 Render (ERC-20) equals $7.07 USD
Last update: 9:09 PM, December 22, 2024
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Render (ERC-20) is falling this week.
The current price of Render (ERC-20) is $7.07 per RNDR. With a circulating supply of 517,696,508.875 RNDR, it means that Render (ERC-20) has a total market cap of $3,638,325,606.52. The amount of Render (ERC-20) traded has fallen by $148,341,985.93 in the last 24 hours, which is a 33.85% decrease. Additionally, in the last day, $438,224,984.91 worth of RNDR has been traded.
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About Render (ERC-20)
RNDR is an Ethereum token that powers Render Network, a protocol that enables distributed graphics processing. Using RNDR as the medium of exchange, Render Network connects users looking to render images and video with those who have idle graphics processing power.
Render (ERC-20), also known as RNDR, is a distributed GPU rendering network that operates on the Ethereum blockchain. It aims to connect artists and studios in need of GPU compute power with mining partners willing to rent out their GPU capabilities. The network was conceived in 2009 by OTOY, Inc. CEO Jules Urbach and launched in 2017. RNDR is an ERC-20 utility token used by artists on the network to exchange for GPU compute power from GPU providers, also known as node operators. The network utilizes a combination of manual and automatic proof of work system, or in this case, proof of render, to verify all art has been successfully rendered prior to payment disbursal and art release.
Render (ERC-20) operates by allowing artists to exchange RNDR tokens for GPU compute power from GPU providers. The network uses a combination of manual and automatic proof of work system, known as proof of render, to verify that all art has been successfully rendered before payment is disbursed and the art is released. The Ethereum blockchain's inherent security properties are utilized to hash proprietary assets upon upload and send them to nodes piecemeal for rendering. All RNDR payments are stored in escrow during rendering and are released to node operators upon manual verification by the commissioning artist of successful work. To prevent malicious actors, all assets rendered on the network are watermarked until payment is successfully disbursed.
Render (ERC-20) has a wide array of potential use cases, particularly in the realm of 3D content creation and artificial intelligence. The network provides a platform for a variety of computation tasks, from basic rendering to artificial intelligence, which are facilitated swiftly and efficiently in a blockchain-based peer-to-peer network. This ensures secure property rights and eliminates the need for third-party facilitators. The network also provides granular digital rights management through on-chain traceability of a node-based render graph. This makes it an ideal solution for next-generation immersive media and artificial intelligence that require new forms of authentication and provenance.
Render (ERC-20) was first conceived in 2009 by OTOY, Inc. CEO Jules Urbach and was launched in 2017. The first public token sale of RNDR took place in October of the same year, followed by a private sale period lasting from January 2018 to May 2018. During the private sale period, early adopters were onboarded onto the RNDR Beta Testnet, where beta node operators and artists worked collaboratively with the RNDR team in building and testing the network. The public launch of the network took place on April 27th, 2020. The RNDR team is based out of Los Angeles, with team members throughout the world. The advisory board of RNDR boasts industry leaders such as Ari Emanuel, JJ Abrams, and Brendan Eich, who have all advised RNDR in various capacities in bridging the gap between creating a system that appeals to both cryptocurrency communities and Hollywood studio production pipelines.
How Render (ERC-20) and United States Dollar differ
Render (ERC-20), or RNDR, is a distributed GPU rendering network built on the Ethereum blockchain, aiming to link artists and studios with GPU compute power from willing providers. Unlike the US Dollar, a traditional fiat currency regulated by the Federal Reserve, RNDR operates in a decentralized manner, leveraging blockchain technology for secure transactions. RNDR tokens are used as a medium of exchange for GPU compute power, with a unique proof of render system ensuring successful rendering before payment release. This differs from the US Dollar, which doesn't require proof of work for transactions. Furthermore, RNDR has potential use cases in 3D content creation and artificial intelligence, offering a platform for various computation tasks and providing granular digital rights management through on-chain traceability. In contrast, the US Dollar, while universally accepted, doesn't offer such specific use cases or digital rights management. Lastly, RNDR's history, conceived in 2009 and launched in 2017, is much shorter than the centuries-old US Dollar, reflecting the innovative and rapidly evolving nature of the cryptocurrency space.
Frequently asked questions
How much is 1 Render (ERC-20) in USD?
Right now, 1 Render (ERC-20) is worth about $7.07.
How much RNDR could I buy for 1 USD?
Based on the current rate, you could get 0.14 RNDR for 1 USD.
How much has the price of Render (ERC-20) changed?
Render (ERC-20) price has been declining. Since yesterday, the exchange rate of Render (ERC-20) has decreased. Since last month, the exchange rate of Render (ERC-20) has decreased. Since this time last year, the price of Render (ERC-20) has increased.
How do I calculate or convert RNDR to USD?
You can use our RNDR to USD calculator at the top of this page to convert any amount of RNDR to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.71 RNDR. Inversely, 5 RNDR will cost about $35.36
How can I buy 1 Render (ERC-20) on Coinbase?
Render (ERC-20) is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Render (ERC-20).
What are assets similar to Render (ERC-20) that I can buy?
There are a number of crypto assets that have the a similar or comparable market cap to Render (ERC-20), including Ethereum, Tether, and BNB. For a more robust list of assets to explore, jump to the asset page dedicated to Render (ERC-20).
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RNDR to United States Dollar conversion tables
The exchange rate of Render (ERC-20) is decreasing.
The current value of 1 RNDR is $7.07 USD. In other words, to buy 5 Render (ERC-20), it would cost you $35.36 USD. Inversely, $1.00 USD would allow you to trade for 0.14 RNDR while $50.00 USD would convert to 7.07 RNDR, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 24.25%. Meanwhile, in the last 24 hours, the rate has changed by 1.52%, and that the the highest exchange rate of 1 RNDR to United States Dollar was $7.37 USD and the lowest 24 hour value was 1 RNDR for $6.82 USD. This time last month, the value of 1 RNDR was $7.41 USD, which is a 6.73% increase from where it is now. Looking back a year, Render (ERC-20) has changed by $4.48 USD.
RNDR to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$7.14 USD | -1.52% | $9.16 USD | -24.25% | $7.41 USD | -6.73% | $4.48 USD | 58.57% |
RNDR to USD
Amount | Today at 9:09 pm |
|---|---|
0.5 RNDR | $3.54 |
1 RNDR | $7.07 |
5 RNDR | $35.36 |
10 RNDR | $70.73 |
50 RNDR | $353.64 |
100 RNDR | $707.28 |
500 RNDR | $3,536.38 |
1,000 RNDR | $7,072.75 |
USD to RNDR
Amount | Today at 9:09 pm |
|---|---|
0.5 USD | 0.0707 RNDR |
1 USD | 0.14 RNDR |
5 USD | 0.71 RNDR |
10 USD | 1.41 RNDR |
50 USD | 7.07 RNDR |
100 USD | 14.14 RNDR |
500 USD | 70.69 RNDR |
1,000 USD | 141.39 RNDR |
Today vs. 24 hours ago
Amount | Today at 9:09 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 RNDR | $3.54 | $3.58 | -1.25% |
1 RNDR | $7.07 | $7.16 | -1.25% |
5 RNDR | $35.36 | $35.81 | -1.25% |
10 RNDR | $70.73 | $71.62 | -1.25% |
50 RNDR | $353.64 | $358.11 | -1.25% |
100 RNDR | $707.28 | $716.22 | -1.25% |
500 RNDR | $3,536.38 | $3,581.11 | -1.25% |
1,000 RNDR | $7,072.75 | $7,162.23 | -1.25% |
Today vs. 1 month ago
Amount | Today at 9:09 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 RNDR | $3.54 | $3.72 | -4.86% |
1 RNDR | $7.07 | $7.43 | -4.86% |
5 RNDR | $35.36 | $37.17 | -4.86% |
10 RNDR | $70.73 | $74.34 | -4.86% |
50 RNDR | $353.64 | $371.70 | -4.86% |
100 RNDR | $707.28 | $743.40 | -4.86% |
500 RNDR | $3,536.38 | $3,716.99 | -4.86% |
1,000 RNDR | $7,072.75 | $7,433.98 | -4.86% |
Today vs. 1 year ago
Amount | Today at 9:09 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 RNDR | $3.54 | $2.25 | +57.43% |
1 RNDR | $7.07 | $4.49 | +57.43% |
5 RNDR | $35.36 | $22.46 | +57.43% |
10 RNDR | $70.73 | $44.93 | +57.43% |
50 RNDR | $353.64 | $224.63 | +57.43% |
100 RNDR | $707.28 | $449.25 | +57.43% |
500 RNDR | $3,536.38 | $2,246.27 | +57.43% |
1,000 RNDR | $7,072.75 | $4,492.55 | +57.43% |
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Create a Coinbase account to buy and sell Render (ERC-20) on the most secure crypto exchange.
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