RENDER IT COIN - The Future Of Mining
ICO market is nowadays pretty similar to the Wild West during the gold rush period. It is possible to earn money very quickly, sometimes even good money, but you have to find a perfect spot, or in this case, a good project to invest. Common thing to the Wild West? No guaranties and almost no law. It is pretty easy to find bad cowboys which are going to promise you golden mountains to steal your last piece of bread. So in all this mess, if you want to find your gold nugget, you can trust just your own brain composites.
After my research, I found this project in which I really put my faith: RENDER IT . Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.
ABOUT RENDER IT
Render It is a solution created for rendering computer graphics, which is created from hardware and the latest technological developments. The company leases expensive and powerful hardware, thus providing support in the implementation of various operations to various companies and creative people who, due to the lack of large funds, can not buy such hardware.
PROBLEMS RENDER IT AIMS TO SOLVE
Network Scalability
There are limits on what can be done rendering GPU power locally, on a network, or even in the cloud. It’s impossible to leverage GPUs throughout the world efficiently without some sort of decentralized system that tracks and manages render jobs.
GPU Cloud Gap
Centralized data centers have been unable to expand fast enough to meet the demand, and they use enterprise-grade GPUs hardware, designed for intense workloads, which are far more expensive and only marginally better than consumer GPU’s.
The Missing GPU Network
GPUs, the most efficient rendering hardware, are now a standard component on every phone and PC. However, most developers’ GPUs remain idle when they are not rendering their own work.
A Better Use for GPU Power
Today, a large and growing amount of GPU power is used for Proof-of-Work (PoW) mining. But PoW is inherently inefficient, leveraging GPU power to solve arbitrary hash functions in order to power the network. GPUs should be used for the work that they were designed for, and this will eventually be the underlying protocol that will power the Render Network.
Digital Rights Management
There is no universally accessible storage location for artists to store their work and know that it is theirs. Through the blockchain and the ledger-based storage protocol of the RNDR network, artists are able to store and access their designs and creations.
The Render Network will be the first network to transform the power of GPU compute into a decentralized economy of connected 3D assets. The Render Network is designed to connect users looking to perform render jobs with people who have idle GPUs to process the renders. Owners would connect their GPUs to the Render Network in order to receive and complete rendering jobs using OctaneRender. Users would send RNDR to the individual performing the render work and OTOY would receive a small percentage of RNDR for facilitating the transaction and running the Render Network.
Instead of GPUs being used to only mine currencies, Render will use their intrinsic function to render and leverage the features of the blockchain: network, incentives and trust.
Graphics chip giants such as AMD and Nvidia have already started creating GPUs solely for mining on blockchains. Render Token can tap the potential of the ecosystem already existing among developers and OctaneRender customers and move it onto the immutable and distributed database of the blockchain.
Such a blockchain based rendering network can facilitate efficient, reliable, and remunerative rendering of time-stamped tasks on a peer-to-peer basis.
FEATURES OF THE RENDER IT PLATFORM
Constant value
The company has created and integrated Render It Coin, so it will always be able to maintain its importance when using it as a means of payment for the services offered on this site.
Withdrawal at any time
Virtual currencies of the platform will be always available. You can withdraw the purchased currency from your account at any time convenient for you.
A token supported by high-specification hardware.
With the help of tokens, you will get access to productive computer software, remote access to hardware to perform various kinds of computing operations and to pay for contracts.
It is based on the Ethereum
Smart contracts for currencies will get a good fame with the help of global exchange. Since Ethereum uses the features of Blockchain technology, Render it Coin also takes advantage of these unique features of this innovation. Features such as access to the platform worldwide, a decentralized system, complete privacy, the elimination of fraudsters and many other features will be made available through these innovative technologies.
TOKEN AND ICO DETAILS
Token Name : RNDIT Token
Platform: Ethereum
Type : ERC20
Tokens for sale 4,000,000
Pre ICO Price 1 RNDIT = 2.5 EUR
ICO Price 1 RNDIT = 10 EUR
Platform ERC20 Ethereum
Accepting BTC, ETH, Fiat
Minimum investment 10 EUR
Soft cap 5,000,000 EUR
Hard cap 25,000,000 EUR
Country Ireland
Whitelist/KYC None
You can get your tokens here: https://renderitcoin.eu/home/buy-ico
ROADMAP AND DEVELOPMENT PERSPECTIVE
Render IT Coin goes LIVE
OCTOBER - DECEMBER, 2018
Our coin moves onto local and external exchange listing.
Generating cryptowallets on our servers in order to secure customer financials and their cryptocurrencies.
Creation of an online market and currency exchange in the European Union on our servers.
Realisation of Project
JANUARY, 2019
Purchase of land for construction of a multimedia campus using funds raised from investors.
Creating new job opportunities and opening of a training center with the aim to recruit creative, inventive people.
Investing raised capital to purchase a private wind turbine in order to minimise cost of exploitation.
Expanding our facilities by additional high-end computer hardware.
Development of mobile rendering application & remote access software (freeware).
Sharing our computational power with universities, research and scientific institutions.
Donating 1% our incomes to charitable causes.
Above you can see the roadmap — how the team sees their nearest and long-term future.
TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT
Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.
WHY YOU SHOULD CHOOSE RENDER IT
Reduction of energy costs
To achieve this, the company will allocate funds to investors to create a wind turbine that will reduce large operating costs for electricity. As a result, it will open the way to introduce unique innovative solutions and services.
The adoption of coins
The digital currency Render It Coin will act as an accepted form of payment for all operations that can be performed on the site and will always be constantly evaluated, reducing rates if this currency gets growth.
Rent of high-performance computer equipment
Customers will be able to purchase these tokens in order to rent productive computer equipment on this platform.
The Idea of the project is to Render it Coin has become universally recognized as the dominant digital computer graphics and the latest currency of access to computer equipment, which is traded and recorded on the global exchange of cryptocurrencies.
For more information about this project, please follow these links for more information;
Website: https://renderitcoin.eu/
White Paper: https://renderitcoin.eu/white_paper.pdf
Telegram: https://t.me/renderIt_coin
Facebook: https://www.facebook.com/renderitcoin/
Twitter: https://twitter.com/renderitcoin
Author
nugezmils
nugezmils
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