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Render Network Just Landed The Ultimate Metaverse Graphics Deal - Investment - Nairaland

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Render Network Just Landed The Ultimate Metaverse Graphics Deal by Kingzz0001: 5:41am On Dec 25, 2021
metaverse graphics just received a boost; according to insiders, a decentralized alternative to Pixar’s formidable 3D rendering is poised to grow stronger after host protocol Render Network received $30 million in funding.

“We have just 10,000 artists hooked in out of potentially tens of millions,” founder Jules Urbach told CoinDesk. He’s also the founder and CEO of Otoy, a rendering software startup that works closely with the Render Network.

Render Network which is a metaverse graphics-focused company, allows digital artists to pay for pooled computer rendering capacity, said in a press release that it plans to quadruple its personnel, strengthen its “rendering engine” integrations, and prepare for NFT issuance as it expands its community.

The rebranding of Facebook as Meta has sparked renewed interest in the future of virtual worlds, particularly who will own the “metaverse.” In light of this, the metaverse graphics centric Render project, which pools idle GPUs and compensates their operators in RNDR tokens, is best viewed as an infrastructure play.


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