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AI Crypto Token Render (RNDR) Linked Product In Apple Event

by Index Investing News
June 6, 2023
in Cryptocurrency
Reading Time: 5 mins read
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Crypto Market News: A product linked to the Render network (RNDR), which offers distributed GPU rendering on the blockchain, was mentioned in the Apple event on Monday as part of the keynote event. Artificial intelligence based crypto tokens like Render and SingularityNET have in the recent times gained popularity. Meanwhile, AI chatbots and other products are yet to integrate crypto payments, despite widespread expectations. It was expected that the 2023 Apple Worldwide Developers Conference would make way for crypto integration with the launch of the Vision Pro headset.

Also Read: US SEC Brands Solana (SOL), Cardano (ADA), Polygon (MATIC) As Securities

However, no crypto market related feature or update was mentioned during the WWDC conference. Yet, Apple appears to be in a reasonably fair place to partner with OTOY Inc., the company whose CEO is also responsible for founding the Render network.

Octane X Partnership With Apple On Cards?

During the Apple keynote event on Monday, the iPhone making company featured Octane X, a GPU rendering feature that is available on the Mac App Store. Octane is directly related to the Render (RNDR) token as OTOY is the company behind both the products. Jules Urbach, the CEO of OTOY, had in 2016 founded Render Token to provide decentralized GPU based rendering solutions. Hence, it is being speculated that there could be a partnership between Apple and Octane soon. A Twitter account with the name Satoshi’s Tears said,

“$RNDR/USD: It is in partnership with OTOY Inc. and they are at favorable location to partner with APPLE Inc. Octane X is available on Apple Appstore.”

However, the Apple Augmented reality (AR) and Virtual Reality (VR) product, Vision Pro headset, was originally expected to require Render network functionality for the GPU rendering. Apple did not mention any such partnerships during the event.

Also Read: SEC Takes Aim At Binance’s Ex-CCO For Willful Violation Of US Regulations

Mooky Presale

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Anvesh reports major crypto updates around regulation, lawsuits and trading trends. Published around 1,000 articles and counting on crypto and web 3.0. He is currently based in Hyderabad, India. Reach out to him at [email protected] or twitter.com/BitcoinReddy

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Tags: AppleCryptoEventLinkedProductRenderRNDRtoken
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