RNDR Network: Updates ["A reflection and review of the past few months — the following summary goes over RNDR 2017 and what is planned for 2018"]

RNDR Network Update - a summary

The Vision

  • Capitalize on the existing technology pioneered by OTOY, an end-to-end cloud graphics company uniquely positioned to make RNDR happen. OTOY is the developer of the software Octane, which is a fully-functional GPU-based rendering and streaming services platform

  • Transform distributed GPU compute power into a decentralized economy of connected 3D assets where any object or environment can be authored, shared, and remixed through the blockchain

  • Realize Jules Urbach's dream of the holodeck (!), a decade’s piece of work and counting. With the integration of Render Token and blockchain technology, RNDR converts the existing ORC Render Cloud into a decentralized ecosystem where distributed GPU power is easily accessible, making that goal possible

Resources, Demand and Industry Clout

  • If just 1% of the 265 million GPUs out there today GPUs were to provide rendering in Octane Render Cloud (ORC), then there would be over 5300% growth in the rendering capacity without any expenditure in infrastructure!

  • By making this infrastructure available in a broader scope, the RNDR Network addresses the growing demand for AR/VR/Mixed Reality and the rise of holographic content that centralized render farms simply cannot supply

  • OTOY has a deep knowledge of this industry and has worked with many prominent clients such as Disney, Columbia Pictures, HBO and Netflix, just to name a few. The photorealistic [opening credits of “Westworld”] https://www.youtube.com/watch?v=elkHuRROPfk) were rendered by OTOY’s Octane software; some parts were even completed on ORC

  • ORC is powered by ORBX, the company’s interchange format currently proposed to MPEG as the new media format for holographic content!

Phase I

  • The technical backbone of ORC was already operational after the initial phase of our Token Sale, since it built on OTOY’s existing rendering technology. The conversion of ORC into a fully decentralized Network is ongoing and will culminate in the integration of RNDR transfers into the Ethereum blockchain. Our progress so far:

Set up localized RNDR nodes on our own hardware to test RNDR <> ORC integration and rendering capability

On Dec 5th, started sending real paid commercial jobs from ORC to a Linux test RNDR node

In 60 days from Dec 5th—Feb 5th, this RNDR node completed about ~500 jobs totaling 50,000 RNDR tokens. The node was working with no issues and

produced excellent results rivaling those of the centralized Amazon Web Services (AWS) ORC nodes

MetaMask is already working in our testing environment to set up a third-party wallet system allowing users to pay directly with RNDR

On track for Phase II

Next Steps, Staff Updates

  • New website — We’re revamping the website so that it meets our community’s needs. We’re making it much easier to use and substantially more complete regarding the information and details about the project as a whole

  • Updated Whitepaper — We’re releasing an extended version of the whitepaper in conjunction with the new website in order to address your questions, as well as provide a detailed the RNDR Network roadmap over the near and long-term

  • Communication — We've opened a new Telegram channel for our users to connect and find out more about the RNDR Network’s developments on a consistent basis. We’ll continue to scale and use RocketChat, but will also aim to release weekly blog updates and email newsletters to our subscriber list. Furthermore, we will be tweeting updates to keep our community informed.

  • Tutorials and Guidelines — We will come up with a series of tutorials teaching new members in the space the essentials and point you to the right sources in case you have questions

  • Staff /Team — We have been actively growing the ORC team, from our community managers to our marketing teams to our developers. From a team of just 5, we are now 12 members and growing! We are currently looking for more passionate blockchain developers to join our cause — if you are interested, please reach out via our RocketChat.

20% Airdrop and Next Token Sale

  • We have not forgotten about the bonus for earlier adopters! We will be deciding on a snapshot date in a separate blog post. Details on what you have to do for the airdrop will be announced at that point as well

  • We will announce the next sale registration phase when the new website launches. Details about whitelisting will be posted on the website, as well as the amount of tokens offered

Phase II

  • Information about the Beta sign-up will be posted in May — after this, renderers (qualified early token purchasers) will join the beta in batches based on random selection to render for the Network and earn tokens
/r/RenderToken Thread Link - medium.com