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Render Network (RNDR) to Add NFT Capabilities to the 3D File Format gITF

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Render Network’s Role in Rendering the Metaverse on Solana

Earlier this year, Jules Urbach, the CEO and founder of OTOY, noted on Twitter that the crypto project Render Network (RNDR) is working on creating a lightweight JSON-Id ITMF profile for gITF/GLB/XMP files. Urbach also pointed out that the project will be testing its solution in the near future with Solana, in order to further validate it as the potential open standard for rendering/mixing 3D NFT items on the blockchain, as well as within arbitrary Metaverse scene graphs.

Urbach also referenced Render Network’s tweet from 2021, in which the company explained that the ITMF Container functions as a self-contained asset packaging system that can be used for interchange among digital content creation tools and distribution of digital assets. The project also added that it is all based on the container functionality and the file structure of ORBX, which OTOY itself developed.

Render Network explains its intention

Following Urbach’s statement on Twitter, Render Network responded by further explaining how its new lightweight ITMF profile for different types of files will improve the current state of things. According to the project, this means that RNDR will add NFT capabilities to the widely used 3D file format gITF.

The company continued by saying that the files will become 3D Metaverse hyperlink objects that reference “high fidelity RNDR media streams, while enforcing usage rights to mix and render assets in a real-time Metaverse usage.”

Using the opportunity to start an entire thread, Render Network quoted Urbach who said that OTOY is on the 3D formats Khronos working group and that it is working on developing and extending the specification of gITF. A number of other techs giants are doing the same, including the likes of Meta (formerly Facebook), Google, Microsoft, Nvidia, Adobe, Epic, Autodesk, Unity, and many others.

Moving on, Render stated that the small gITF files will be able to reference various Render Network assets, or jobs on-chain, and it will do it with usage rights that the company is already able to enforce for NFT rights and for real-time Metaverse world use. There is an advantage to using gITF/GLB files, as most NFT marketplaces support them for 3D artworks.

So, in conclusion, ITMF comes as a suite of royalty-free specifications that can be used for interchange amongst digital content creation tools and distribution of digital assets, as well as for immersive light field media. The technology is based on OTOY’s ORBX, and used in RNDR. Render confirmed that the solution will be tested on Solana in partnership with OTOY.

Who is Render Network?

Render Network comes as a leading provider of decentralized GPU-based rendering solutions. The company’s goal is to revolutionize the digital creation process and democratize GPU cloud rendering.

The company and its founders noticed that there was a problem with a visual world, which is evolving at a rapid speed. However, despite this, authoring and publishing state-of-the-art graphics has grown to become an immense challenge that continues to increase and become more and more of an issue with every new day.

The company expects that the future demand for advanced rendering will lead to additional complexity and that even higher resolution and more interactivity will be required. So, it came up with a solution that allows it to be the first network to transform the power of GPU computing into a decentralized economy of connected 3D assets.

The company sees GPUs as the most efficient rendering hardware, and it pointed out that they are now a standard component of nearly every phone and PC out there. But, they are used in an inefficient way, remaining idle for the most part when not rendering their own work, and leaving a wealth of potential power wasted and unused. The project will simply use this extra power for rendering purposes and give it a better use than just being there unclaimed and unused.

To learn more about this token visit our Investing in Render Token guide.

Ali is a freelance writer covering the cryptocurrency markets and the blockchain industry. He has 8 years of experience writing about cryptocurrencies, technology, and trading. His work can be found in various high-profile investment sites including CCN, Capital.com, Bitcoinist, and NewsBTC.