RNDR is unlike most cc's and would not be affected much because its value is in the intrinsic work being done, and demand for core work (photon bounces for rendering) is the main driver of its value, and its secondary value (like IP chain marketplace) is same.

I'm very interested in your ICO but this particular answer feels like a bit of a cop out answer to be honest.

For the medium term at the very least, everything in the crypto will still follow and be impacted BTC and ETH, and I think you realistically have to at least acknowledge that a little, even if your technology is different.

Take GOLEM for example. On paper it's value should also be based off of rendering demands and not be too much of a reflection of the other crypto markets, but when the China announcements came through it fell pretty hard just like the rest of the market. To make matters worse, it and other smaller coins also appear (at least at the moment) to be rebounding a bit slower than the big coins.

So in that sense to say it "won't be affected much" due to the intrinsic value of work being done seems a bit overly optimistic to me at least. If you're launching in the near future you still have to account for the realities of volatility and aggressive day traders in today's markets.

I have little doubts that there can and will be crashes across the markets that are significant enough completely devastate many coins and operations. I'm optimistic that many/most will recover, and also the market will generally stabilize at some point, but it's certainly not something that should be ignored in the interim.