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The Venture Codex

Render Network

1010 Wilshire Boulevard Suite 1604, Los Angeles, California, 90017, United States

Overview

RNDR is OTOY’s token based rendering network. It enables distributed GPU rendering on the blockchain, using OctaneRender which is the world’s first and fastest GPU-accelerated, unbiased, physically correct renderer. Octane uses the graphics card in networked computers to render photo-realistic images super fast. With Octane’s parallel compute capabilities, users can render works in a fraction of the time, and at a better cost than centralized services. RNDR is currently the fund’s only pure utility token investment — in a use case where the token is actually delivering utility in a network, using proven technology to deliver a service with a real and strong market.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
1

Sector focus

  • Blockchain
  • Computer
  • Cryptocurrency
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Investment portfolio

  • Talus Network

    Participated · Seed · Feb 2024

    Talus Network operates a new Layer-1 blockchain designed to let AI models act as fully on-chain agents that can execute tasks and manage assets without centralized intermediaries. Its infrastructure includes the Nexus protocol (currently in testnet), a no-code AI-agent builder called Talus Vision, and the consumer app Idol.fun where agents compete in social settings. The project’s native $US token, with a 10 billion total supply, debuted on multiple exchanges on 11 December and quickly climbed about 15 percent, stabilizing near $0.020. Early investors were allocated 2.2 billion tokens that unlock gradually to limit sell pressure. Backers have provided more than $10 million, valuing the project at roughly $150 million. This capital is intended to accelerate product roll-outs and attract additional developers and users to the network. Although revenue and user counts were not disclosed, initial trading interest indicates strong market traction for its AI-centric blockchain vision.

Team

  • Jules Urbach

    Founder