{"id":576109,"date":"2024-02-21T08:30:36","date_gmt":"2024-02-21T08:30:36","guid":{"rendered":"https:\/\/ktsl888.com\/?p=576109"},"modified":"2024-02-21T09:45:12","modified_gmt":"2024-02-21T09:45:12","slug":"render-rndr-climbs-60-this-month-keeps-investors-upbeat-with-these-developments","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/render-rndr-climbs-60-this-month-keeps-investors-upbeat-with-these-developments\/","title":{"rendered":"Render (RNDR) Climbs 60% This Month, Keeps Investors Upbeat With These Developments"},"content":{"rendered":"

With AI <\/span>enveloping<\/span><\/a> much of the media we consume nowadays, Render (RNDR) rides the bullish wave around generative content. According to <\/span>Coingecko<\/span><\/a>, the token is up over 26% this week with the biggest jump occurring at the monthly timeframe at 60%. It shows that investors are still excited by Render\u2019s possible role within the media space.\u00a0<\/span><\/p>\n

The protocol is continuing to develop its capabilities relative to the needs of the media and AI industries. For example, 2023 brought Render to the eyes of the broader public as it carried out its first rendering jobs for the <\/span>Las Vegas Sphere<\/span><\/a> and <\/span>Apple<\/span><\/a> with its Apple Vision Pro.\u00a0<\/span><\/p>\n

2024 is The Year For AI<\/b><\/h2>\n

The Render Network\u2019s position as a decentralized GPU-based rendering solution provider is strengthened by this year\u2019s developments in generative AI. One example that has been making rounds on the internet is <\/span>Sora<\/span><\/a>, OpenAI\u2019s newest entry in the realm of generative content. <\/span>Capable of creating high-fidelity prompts, Sora becomes the poster child of generative content.\u00a0<\/span><\/p>\n

\n
Related Reading: Worldcoin (WLD) Just Added 170% To Its Value \u2013 What\u2019s Going On?<\/a><\/div>\n<\/div>\n

\u201c<\/span>What is exciting about this level of quality is how well defined 4D scene elements are preserved in latent space – IMO that is key to blending\/decomposing neural generated assets within a rendered scene graph,” said<\/a> the founder and CEO of OTOY Jules Urbach, highlighting the role of Render in the coming future.\u00a0<\/span><\/p>\n

\n

.@EMostaque<\/a> 100% Yes!<\/p>\n

And – beyond pixels – Gen AI at this fidelity means we are closing in on generating true rendering primitives (rays\/surfaces\/BDRFs).<\/p>\n

We need to get there for non-raster devices and endpoints: real time video games, spatial platforms – or as @sama<\/a>, myself\u2026 https:\/\/t.co\/8ca5qNoR33<\/a><\/p>\n

\u2014 Jules Urbach (@JulesUrbach) February 15, 2024<\/a><\/p><\/blockquote>\n

“I believe crossing over this threshold in the very near future will be life-changing for many creators and artists. High friction pain points in digital content creation may soon be re-imagined –\u00a0 without limiting the value and artistry of authentic human creativity and expression,\u201d <\/span>Urbach added.<\/span><\/p>\n

Along with the variety of AI products <\/span>released<\/span><\/a> by big tech companies like META, NVIDIA, and Google, investors are eyeing the growth of Render as a major player in the cloud-based rendering space.<\/span><\/p>\n

<\/h2>\n
Total crypto market cap currently at $1.895 trillion. Chart: TradingView.com<\/a><\/pre>\n
More Partners, More Growth\u00a0<\/b><\/h2>\n
Since its implementation of <\/span>RNP-004<\/span>, partnerships with other Web 3 organizations has grown. This month, Nosana was <\/span>added<\/span> after RNP-008 was passed in the final vote. The new addition joins the likes of IO.net, Beam, and FedM1.<\/span><\/p>\n
\n
Related Reading: NEAR Skyrockets Nearly 30% \u2013 Investors Intrigued By These Metrics<\/a><\/div>\n<\/div>\n
RNDR Slows As Market Becomes Sluggish\u00a0<\/b><\/h3>\n
As the hot and bullish market cools, RNDR follows the broader market in its decline in the coming weeks. Investors and traders should be wary of how RNDR reacts to outside pressure. With this in mind, bulls should target the 50% retracement level to slow down any bearish pressure in the short to medium term.\u00a0<\/span><\/p>\n
If the bulls fail to materialize any resistance against the bears, the bears can bring RNDR down to $4.6.\u00a0<\/span><\/p>\n
Featured image from Pexels, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"
With AI enveloping much of the media we consume nowadays, Render (RNDR) rides the bullish wave around generative content. According to Coingecko, the token is up over 26% this week with the biggest jump occurring at the monthly timeframe at 60%. It shows that investors are still excited by Render\u2019s possible role within the media space.\u00a0 The protocol is continuing to develop its capabilities relative to the needs of the media and AI industries. For example, 2023 brought Render to the eyes of the broader public as it carried out its first rendering jobs for the Las Vegas Sphere and Apple with its Apple Vision Pro.\u00a0 2024 is The Year For AI The Render Network\u2019s position as a decentralized GPU-based rendering solution provider is strengthened by this year\u2019s developments in generative AI. One example that has been making rounds on the internet is Sora, OpenAI\u2019s newest entry in the realm of generative content. Capable of creating high-fidelity prompts, Sora becomes the poster child of generative content.\u00a0 Related Reading: Worldcoin (WLD) Just Added 170% To Its Value \u2013 What\u2019s Going On? \u201cWhat is exciting about this level of quality is how well defined 4D scene elements are preserved in latent space – IMO that is key to blending\/decomposing neural generated assets within a rendered scene graph,” said the founder and CEO of OTOY Jules Urbach, highlighting the role of Render in the coming future.\u00a0 .@EMostaque 100% Yes! And – beyond pixels – Gen AI at this fidelity means we are closing in on generating true rendering primitives (rays\/surfaces\/BDRFs). We need to get there for non-raster devices and endpoints: real time video games, spatial platforms – or as @sama, myself\u2026 https:\/\/t.co\/8ca5qNoR33 \u2014 Jules Urbach (@JulesUrbach) February 15, 2024 “I believe crossing over this threshold in the very near future will be life-changing for many creators and artists. High friction pain points in digital content creation may soon be re-imagined –\u00a0 without limiting the value and artistry of authentic human creativity and expression,\u201d Urbach added. Along with the variety of AI products released by big tech companies like META, NVIDIA, and Google, investors are eyeing the growth of Render as a major player in the cloud-based rendering space. Total crypto market cap currently at $1.895 trillion. Chart: TradingView.com More Partners, More Growth\u00a0 Since its implementation of RNP-004, partnerships with other Web 3 organizations has grown. This month, Nosana was added after RNP-008 was passed in the final vote. The new addition joins the likes of IO.net, Beam, and FedM1. Related Reading: NEAR Skyrockets Nearly 30% \u2013 Investors Intrigued By These Metrics RNDR Slows As Market Becomes Sluggish\u00a0 As the hot and bullish market cools, RNDR follows the broader market in its decline in the coming weeks. Investors and traders should be wary of how RNDR reacts to outside pressure. With this in mind, bulls should target the 50% retracement level to slow down any bearish pressure in the short to medium term.\u00a0 If the bulls fail to materialize any resistance against the bears, the bears can bring RNDR down to $4.6.\u00a0 Featured image from Pexels, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":576117,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,90933,10709,88195,87765],"class_list":["post-576109","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-on-chain-news","tag-price-prediction","tag-render-network","tag-rndr"],"acf":[],"yoast_head":"\nRender Climbs 60% This Month, Keeps Investors Upbeat<\/title>\n<meta name=\"description\" content=\"With AI enveloping much of the media we consume nowadays, Render (RNDR) rides the bullish wave around generative content. 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. 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