Render Price - RENDER/USD : $4.03841
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What is Render (RENDER)?
Render (RENDER) is a decentralised GPU rendering network built on the Ethereum blockchain. Founded by Jules Urbach in 2017, it connects artists, studios, and developers with unused GPU computing power across the network, allowing them to render complex graphics and visual effects more efficiently and cost-effectively.
Render leverages a network of idle GPUs to provide distributed rendering power, offering significantly lower costs compared to traditional centralised methods. Operating on the Ethereum blockchain, it uses smart contracts to manage transactions securely. The RENDER token is used to pay for rendering services, creating an incentivised ecosystem. By democratising access to powerful GPU rendering, Render makes high-quality graphics accessible to smaller studios and individual artists worldwide.
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How we treat client assets
No commingling of customer funds: we keep client assets completely separate from our own.
1:1 reserves
We maintain a full 1:1 reserve of all client fiat and crypto assets.
We hold the vast majority of crypto assets in secure offline cold storage, protected in underground vaults with maximum security.
Audited
Our books are balanced and we carry no debt on our balance sheet. We engage external auditors to undertake an annual audit of our financial statements in accordance with Australian Accounting Standards. This includes verification of all fiat and crypto balances held in custody on behalf of clients.
Segregated funds
We do not commingle customer funds. We maintain complete segregation of all client assets to ensure that when you need to make a withdrawal you can.
We keep your assets safe. That is our promise.
Sole custodian
Independent Reserve is the sole custodian of all crypto assets held on our platform. Custody is managed in Australia and we do not use any third party custodians.
We adhere to industry best practices and never lend or trade your assets.