AiThority Interview Series With Kalin Stoyanchev, Head of Blockchain + RNDR Project Lead
Kalin is an entrepreneur and blockchain specialist with a passion to bring the technology to the forefront of widespread utilization. Starting as an early enthusiast/trader of Bitcoin in early 2011, he has since shifted focus to the future of blockchain technology through disruption and new business integration. He is currently the VP of Blockchain and Distributed Systems at OTOY and serves as the Project Lead at RNDR.
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.
Tell us about yourself and how you came about creating RNDR.
I’ve always been interested in finance and technology; studying both over the years. Cryptocurrency caught my attention since it has pieces of both tech and finance. Taking that further, I’ve been interested in blockchain ever since I was first introduced to Bitcoin in 2011. As for RNDR, I was familiar with the great advances in AR/VR technology over the past 4-5 years – OTOY has always been a pioneer in this space. When the team at OTOY told me that they were looking to create a distributed network of GPUs that would help expand the world’s access to this new 3D content, I was hooked. Fast forward to a year later, and I’m so glad that I’m able to be a part of this great team and project.
Help us understand the concept of “connected GPU assets”. Tell us about the patent.
To create 3D assets, you need processing power; unfortunately, a lot of budding content creators do not have enough GPU power to bring their creations to life in a way that showcases the true quality of their vision. You could always go to an external render farm, but that process is insecure. Purchasing GPUs can be a costly endeavor, so that is also out of the question for most.
Now, imagine the ability to create and design your 3D assets, then just click a few buttons and be able to send off the render by idle GPUs all across the network? That is what we are trying to build – easy access to distributed GPU computing as a foundation for all of the additional features that we are looking to port onto the network.
Jules (the co-founder and CEO of OTOY) has had an idea of doing something like this since back in 2009, hence the patent.
What is the role of Ethereum and how does RNDR leverage the Blockchain?
Building on Ethereum allows us to quickly scale and create a platform that uses the underlying blockchain to act as a reconciliation and processing agent for render jobs between renderers and content creators. This removes the need for traditional centralized server infrastructure and creates a platform for service exchange. Eventually, we will build our own blockchain to tackle the problem of inefficient mining. Our own blockchain platform will also give us tremendous flexibility in additional features.
Who can be a part of the RNDR network? What are the opportunities that you foresee?
The beauty of the RNDR Network is that anybody with a GPU can participate. We want to really open up new users to the world of AR & VR.
Because users are going to dedicate their computing resources to generating assets and getting tokens in exchange, it will open up opportunities for users to learn about the future of GPU compute on a node-base system on the blockchain.
They can also explore how to acquire tokens through our system and how RNDR can be used to help users be more efficient with their hardware/GPUs.
Can you help us understand the impact that RNDR can have in healthcare, VR, gaming for developers and artistes?
Having a distributed and easily accessible network of GPUs will be valuable to all industries, including healthcare. Not to get too futuristic, but imagine a doctor being able to render prosthetics for patients based on their needs, instantly being able to show the patient what they are working on. Additionally, this network is a no-brainer for VR and gaming developers, as it provides the GPU power needed to visualize the assets that they are designing and creating almost instantly.
How does the token work, what was the response? What’s the next phase for RNDR?
Currently, we are in Phase II of development, with the token already functional in Phase I through our initial feature launch. We are growing our users and the community surrounding the project, while simultaneously working on our partnerships with Decentraland and Sia. We are excited to show you the next phase of our network as we continue to add new features and capabilities for the RNDR Network.
Thank you, Kalin! That was fun and hope to see you back on AiThority soon.