Render token climbs 400% in month as demand for 3D visuals and spare computing power rises because of ChatGPT, Dall-E and Meta

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Last Updated on 6 November 2023 by CryptoTips.eu

3D visuals are in great demand for the moment. With terms like ChatGPT, Dall-E and Metaverse being tossed around in lots of articles, demand for 3d visuals will only grow.

They  are for example the graphics of the environment that you can see in video games or virtual worlds. 3D visuals became very well-known through image generator Dall-E, the AI program that allows you to enter a line of text and then watch it be converted into an image by a computer.

A crypto token linked to the latest technology is Render token, which has exploded since news of Meta’s roaring comeback on the American stock exchange this week.

Advertentie.

3D and Dall-E

With Dall-E-2 you can ask an AI program to make a digital drawing or painting on a theme that you enter yourself. It’s a nightmare for anyone who still draws with pencil and paper, but for those who have been making 3D images with the computer for some time, it’s just a step further.

A crypto token that specializes in providing spare computer power to, for example, have such 3D visuals made by everyone is called Render token. It is booming now that Dall-E is getting more and more media attention and Meta (which wants to specialize in showing of virtual worlds) is making a big comeback on the stock market.

ChatGPT, which also needs more and more spare computer power, could also make use of the network according to fans of Render.

YouTube video

Render Token was still around 40 cents at the beginning of this year. In recent weeks, it has exploded by about 400% and is, according to some analists poised to jump to last year’s all-time highs of around $7. At the time of writing, it is trading for $1,66

Jeroen Kok

Jeroen is one of the lead copywriters on Cryptotips.eu and discusses all recent events in the crypto market. This includes news updates, but also price analyzes and more. He developed his passion for cryptocurrency during the bull run in 2017. He has learned a lot since then. The combination of cryptocurrency and creative writing is perfect for Jeroen and an excellent way to share his knowledge with a wide audience. Find me on LinkedIn / [email protected]
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