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OTOY's token-based render network

Distributed GPU rendering on the blockchain

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About

OTOY provides GPU-based software solutions that aid in the creation and delivery of cutting-edge digital content.

OctaneRender® is the world’s first and fastest GPU-accelerated, unbiased, physically correct renderer. Octane uses the graphics card in your computer to render photo-realistic images super fast. With Octane’s parallel compute capabilities, you can create stunning works in a fraction of the time.

OTOY’s Academy Award®-winning technology is used by leading visual effects studios, artists, animators, designers, architects, and engineers, providing unprecedented creative freedom, new levels of realism, and new economics in content creation and distribution powered by the cloud.

OTOY® was founded in 2008 by Jules Urbach, Alissa Grainger and Malcolm Taylor. Since then, the company has grown to over 60 employees across four offices with headquarters in Los Angeles, CA.

About

OctaneRender® is the world’s first and fastest GPU-accelerated, unbiased, physically correct renderer. Octane uses the graphics card in your computer to render photo-realistic images super fast. With Octane’s parallel compute capabilities, you can create stunning works in a fraction of the time.

OTOY’s Academy Award®-winning technology is used by leading visual effects studios, artists, animators, designers, architects, and engineers, providing unprecedented creative freedom, new levels of realism, and new economics in content creation and distribution powered by the cloud.

OTOY® was founded in 2008 by Jules Urbach, Alissa Grainger and Malcolm Taylor. Since then, the company has grown to over 60 employees across four offices with headquarters in Los Angeles, CA.

About
Introduction

Our vision is to democratize computing rendering power

The Render Network™ creates a much more efficient, powerful, and widely-scalable rendering network.

The Render Network™ creates a much more efficient, powerful, and widely-scalable rendering network.

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The Render Network™, through the use of RNDR™ tokens, will be the first network to transform the power of GPU compute into a decentralized economy of connected 3D assets.

OTOY’s vision is to distribute the framework of the existing rendering service in OctaneRender® using RNDR, a digital token built on the Ethereum blockchain.

The Render Network is designed to connect users looking to perform render jobs with people who have idle GPUs to process the renders. Owners would connect their GPUs to the Render Network in order to receive and complete rendering jobs using OctaneRender. Users would send RNDR to the individual performing the render work and OTOY would receive a small percentage of RNDR for facilitating the transaction and running the Render Network.

Introduction

The Render Network, through the use of RNDR tokens, will be the first network to transform the power of GPU compute into a decentralized economy of connected 3D assets.

OTOY’s vision is to distribute the framework of the existing rendering service in OctaneRender® using RNDR, a digital token built on the Ethereum blockchain.

The Render Network is designed to connect users looking to perform render jobs with people who have idle GPUs to process the renders. Owners would connect their GPUs to the Render Network in order to receive and complete rendering jobs using OctaneRender. Users would send RNDR to the individual performing the render work and OTOY would receive a small percentage of RNDR for facilitating the transaction and running the Render Network.

Introduction
The Problem

Our visual world is evolving at breakneck speed.

Authoring and publishing state-of-the-art graphics is an immense challenge that is growing each day. The future demand for advanced rendering will lead to even more complexity and require higher resolution and more interactivity.

Network Scalability

Scaling GPU rendering power is too difficult with traditional render technology.There are limits on what can be done rendering locally, on a network, or even in the cloud.It’s impossible to leverage GPUs throughout the world efficiently without some sort of decentralized system that tracks and manages render jobs.

The Missing GPU Network

GPUs, the most efficient rendering hardware, are now a standard component on every phone and PC. However, the current system harbors many inefficiencies. Most developers’ GPUs remain idle when they are not rendering their own work.

A Better Use for GPU Power

Today, a large and growing amount of GPU power is used for Proof-of-Work mining. But Proof-of-Work is inherently inefficient, leveraging GPU power to solve arbitrary hash functions in order to power the network. We envision a future where GPUs are used for the work that they were designed for, eventually basing this process as the underlying protocol that will power the Render Network™.

Digital Rights Management

There is no universally accessible storage location for artists to store their work and know that it is theirs. Through the blockchain and the ledger-based storage protocol of the RNDR™ network, artists are able to store and access their designs and creations.

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How It Works

The Render Network

The Render Network™ will be the first network to transform the power of GPU compute into a decentralized economy of connected 3D assets. In the Render Network, each RNDR will obtain 256 seconds of rendering at 256 OctaneBench™.

User Processing Jobs Tokens RNDR Blockchain Smart Contracts Powered by Ethereum RENDER NETWORK Tokens RNDR™ User Requesting Jobs Once completed and delivered, RNDR tokens are transferred via the smart contract. GPU owner uses OctaneRender to process the requested job. Protocol calculates the amount of RNDR required to perform the job. Details attached to a smart contract and sent across the Render Network. User submits a job in ORC™.

Ethereum’s widespread adoption was the key to realizing our vision. Instead of GPUs being used to only mine currencies, we use their intrinsic function to render and leverage the features of the blockchain: network, incentives and trust.

Potential Users of the Render Network

Media

Industry

Augmented Reality

Mixed Reality

Gaming

Medical

Virtual Reality

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The Render Ecosystem
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Ethereum’s widespread adoption was the key to realizing our vision. Instead of GPUs being used to only mine currencies, we use their intrinsic function to render and leverage the features of the blockchain: network, incentives and trust.

The Render Ecosystem
Team

Meet the founders & our advisors

And the core team

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Kalin Stoyanchev

Project Lead

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Charlie Wallace

Chief Science Officer

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Akram Abdou

Project Manager

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Phillip Gara

Strategy

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Matthew McClure

Blockchain Developer

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Victor Naumik

Blockchain Developer

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Charlie McElfresh

Developer

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Adam Bodnar

Developer

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Austin Clifton

Developer

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Tim Maclean

Developer

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Daniel Torres

Developer

People handling community outreach

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Padi Frigg

Technical Contributor

Alissa sets the strategic direction of OTOY and leads all operations. For nearly a decade, her passion has been to take the genius of OTOY’s patents and research and bring them to the mass market. She spearheads the company's activities worldwide and drives all partnerships, financings, and acquisitions.

In the last 18 months alone, Alissa led key deals with Facebook and Unity to bring OTOY’s technology to billions of consumers. She also closed strategic partnerships with HBO, Disney, Discovery Communications, Mattel, Liberty Media and Madison Square Garden Group.

Prior to OTOY, Alissa started a venture fund with technology writer, George Gilder, which invested in startup and mid-stage technology companies. Alissa graduated Magna Cum Laude from Georgetown University.

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Janne Saviranta

Technical Contributor

Alissa sets the strategic direction of OTOY and leads all operations. For nearly a decade, her passion has been to take the genius of OTOY’s patents and research and bring them to the mass market. She spearheads the company's activities worldwide and drives all partnerships, financings, and acquisitions.

In the last 18 months alone, Alissa led key deals with Facebook and Unity to bring OTOY’s technology to billions of consumers. She also closed strategic partnerships with HBO, Disney, Discovery Communications, Mattel, Liberty Media and Madison Square Garden Group.

Prior to OTOY, Alissa started a venture fund with technology writer, George Gilder, which invested in startup and mid-stage technology companies. Alissa graduated Magna Cum Laude from Georgetown University.

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Tony Morella

Technical Contributor

Alissa sets the strategic direction of OTOY and leads all operations. For nearly a decade, her passion has been to take the genius of OTOY’s patents and research and bring them to the mass market. She spearheads the company's activities worldwide and drives all partnerships, financings, and acquisitions.

In the last 18 months alone, Alissa led key deals with Facebook and Unity to bring OTOY’s technology to billions of consumers. She also closed strategic partnerships with HBO, Disney, Discovery Communications, Mattel, Liberty Media and Madison Square Garden Group.

Prior to OTOY, Alissa started a venture fund with technology writer, George Gilder, which invested in startup and mid-stage technology companies. Alissa graduated Magna Cum Laude from Georgetown University.

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Julio Alvarez

Marketing

Alissa sets the strategic direction of OTOY and leads all operations. For nearly a decade, her passion has been to take the genius of OTOY’s patents and research and bring them to the mass market. She spearheads the company's activities worldwide and drives all partnerships, financings, and acquisitions.

In the last 18 months alone, Alissa led key deals with Facebook and Unity to bring OTOY’s technology to billions of consumers. She also closed strategic partnerships with HBO, Disney, Discovery Communications, Mattel, Liberty Media and Madison Square Garden Group.

Prior to OTOY, Alissa started a venture fund with technology writer, George Gilder, which invested in startup and mid-stage technology companies. Alissa graduated Magna Cum Laude from Georgetown University.

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Pablo Wilner

Marketing

Alissa sets the strategic direction of OTOY and leads all operations. For nearly a decade, her passion has been to take the genius of OTOY’s patents and research and bring them to the mass market. She spearheads the company's activities worldwide and drives all partnerships, financings, and acquisitions.

In the last 18 months alone, Alissa led key deals with Facebook and Unity to bring OTOY’s technology to billions of consumers. She also closed strategic partnerships with HBO, Disney, Discovery Communications, Mattel, Liberty Media and Madison Square Garden Group.

Prior to OTOY, Alissa started a venture fund with technology writer, George Gilder, which invested in startup and mid-stage technology companies. Alissa graduated Magna Cum Laude from Georgetown University.

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Alexia Cabrera

Marketing

Alissa sets the strategic direction of OTOY and leads all operations. For nearly a decade, her passion has been to take the genius of OTOY’s patents and research and bring them to the mass market. She spearheads the company's activities worldwide and drives all partnerships, financings, and acquisitions.

In the last 18 months alone, Alissa led key deals with Facebook and Unity to bring OTOY’s technology to billions of consumers. She also closed strategic partnerships with HBO, Disney, Discovery Communications, Mattel, Liberty Media and Madison Square Garden Group.

Prior to OTOY, Alissa started a venture fund with technology writer, George Gilder, which invested in startup and mid-stage technology companies. Alissa graduated Magna Cum Laude from Georgetown University.

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Josefina Morley

Marketing

Alissa sets the strategic direction of OTOY and leads all operations. For nearly a decade, her passion has been to take the genius of OTOY’s patents and research and bring them to the mass market. She spearheads the company's activities worldwide and drives all partnerships, financings, and acquisitions.

In the last 18 months alone, Alissa led key deals with Facebook and Unity to bring OTOY’s technology to billions of consumers. She also closed strategic partnerships with HBO, Disney, Discovery Communications, Mattel, Liberty Media and Madison Square Garden Group.

Prior to OTOY, Alissa started a venture fund with technology writer, George Gilder, which invested in startup and mid-stage technology companies. Alissa graduated Magna Cum Laude from Georgetown University.

In the news

Media that rendered us valuable

Roadmap

2018 & Beyond

Q1
2018 Q1
Render Phase I
Genesis

Continued to enable cloud rendering services on the orc.otoy.com website with the ability to exchange RNDR™ for rendering services that are kept track of and facilitated by the blockchain. Services initially handled by OTOY® or third party servers and set the framework for a reliable transition into the peer-to-peer framework of rendering. Staking methodology implementation. Alpha testing on Render Network local nodes.

Q2
2018 Q2
Render Phase II
Development Process & Preparation for P2P Transition

Development of back-end decentralized network that will handle processing of the rendering and streaming jobs via the Ethereum blockchain. Alpha testing on the testnet of the decentralized, peer-to-peer network. Integrate RNDR into that network.

XTo be decided
X
Render Phase IV
The Ultimate Vision To be decided

The Render Network™ and RNDR migrates to its own blockchain with new protocols. Build tools for developers to port RNDR devtools and create their own applications built on top of the Render Network.

Q4/1
2018 Q4/1
Render Phase III
Launch Peer-to-Peer Network

We’ve decided to split the remaining part of Phase III into four stages that will focus on specific goals.

Phase III-A: Invite Genesis and Beta list members (in that order) to test network functionality and provide feedback. Testing will be based on 10 pre-determined scenes.

Phase III-B: Artists can upload their own scenes. Continuing to test how complex scenes and different node configurations are working on the Testnet.

Phase III-C: Implement watermarking for RNDR escrow system. More efficient job allocation and distribution.

Phase III-D: Integration of RNDR token on RNDR platform and full launch on Mainnet.

XTo be decided
X
Render Phase IV
The Ultimate Vision To be decided

The Render Network™ and RNDR migrates to its own blockchain with new protocols. Build tools for developers to port RNDR devtools and create their own applications built on top of the Render Network.

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Partners

Projects helping us make RNDR possible.

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A blockchain-based virtual reality world.

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Sia

Decentralized storage platform secured by blockchain.

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basicattentiontoken

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