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/biz/ - Business & Finance


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21941762 No.21941762 [Reply] [Original]

Secret new coin... RNDR... coinbase listing soon

Who is it for? Is it for you? Is it for James Cameron? It's definitely for me. We're early. Relax and enjoy the show.

>> No.21941792

>>21941762
>secret

it wont be if you dont stop making this thread shut the fuck up and let them suffer

>> No.21941852

>rendering multimillion dollar movies on a public blockchain that anyone can view

Smart

>> No.21941916
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21941916

>>21941852
Not how it works. Also it's not just movie studios. Octane Render has a huge consumer base.

>> No.21941946

>>21941852
Yep. This project is dead. MOVE ON!

>> No.21941997

Humanity is not ready.... I return to my homeworld in despair

>> No.21942051

>>21941946
>Partnership with google and nvidia literally hours ago

>> No.21942097
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21942097

>>21941852

>> No.21942137

Ssssh anon, quiet!

>> No.21942165

wow well done for those shilling it, I still stand by my decision not to invest due to the shitty google images logo

>> No.21942266

>>21942165
You may not like it, but that is what peak performance looks like.

>> No.21942279
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21942279

>>21942165

>> No.21943218

>>21942279
Where was that posted? What are the upsides on this?

>> No.21943534

>>21943218
https://renderositymagazine.com/article/5988/pomegranate-music-video-director-nick-denboer-cinema-4d

used in a recent deadmau5 (who is a goon btw) music video https://www.youtube.com/watch?v=aAvyS6HSa0A

>> No.21944063

You can literally buy €1 of Render credit on their website which is the equivalent of 4 Render tokens according to their own state tokenomics. Please tell me why this token won't be a $0.25 stablecoin.

>> No.21944151

>>21944063
I think the cost goes up as demand goes up, as explained here: https://medium.com/render-token/rndr-tokenomics-update-multi-tier-pricing-mtp-338d5dea1d29

tl;dr if it actually gets used, the price goes up.

>> No.21944163

>>21941762
This is really a solid idea. I was wondering years ago why no one had created a coin that did ex. distributed keras model training or computation in general, and had come to the conclusion that dealing with the lost data and interrupted connections inherent to P2P would make it too inefficient and unreliable. Something like rendering where each subtask is independent and can easily be reassigned to another node is basically the perfect use case. It’s a solid idea.

>> No.21944217

>>21941762
RNDR is going to fall 50% from here and crab all year. Enjoy missing out on the golden bull. This is worse than BAT.

Buy / mine Safex and SFX.

>> No.21944262

>>21944151
so they could change the price for credit to $2 (or 4 tokens) for example?

>> No.21944342
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21944342

>>21941762
If I could invest in the COMPANY I would absolutely do that. Don't forget that tokenomics =/= business model. The company is going to do incredibly well because it's a fantastic use of nodes.

But anyone who's mined a crypto knows that it always comes down to the equilibrium price of electricity. Anyone who's invested more than a few thousand dollars into mining equipment runs a bot that swaps between coins as the cost of performing the workload slips. Normal slippage never exceeds a few %. That's why ETH and LINK have floating prices while nothing else does - they *mediate* that slippage with gas and computation fees, so their price reflects the industry as a whole rather than a given use-case.

tl;dr: buy stonks in shit like this ya mongs