What is Render Token? RNDR Explained Simply

Render Token focuses on distributed GPU rendering on the blockchain. The Render Network is designed to connect users looking to perform render jobs with people who have idle GPUs to process the renders. RNDR is an ERC-20 utility token used by artists on the network to exchange for GPU compute power from GPU providers (node operators). RNDR tokens can be traded on exchanges such as Binance, KuCoin, FTX, Huobi, etc.

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