As a next step toward responsible decentralization of the Algorand network, Silvio Micali and Jing Chen share a proposal for further decentralizing Algorand Governance

OTOY

Gaming

About OTOY

OTOY Inc. is the definitive cloud graphics company, pioneering technology that is redefining content creation and delivery for media and entertainment organizations around the world. The Render Network, through the use of RNDR tokens, is 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.

How OTOY is using Algorand

The Algorand blockchain allows OTOY to take advantage of features that would be difficult to implement on the Ethereum or any other blockchain. As the RNDR Network scales to tens of thousands of users, there are limitations to the amount of data that can be stored on chain with existing blockchain infrastructure like Ethereum. Lower latency and increased throughput, which Algorand is able to provide, is needed for OTOY to develop features like transparent reputation systems and real-time micro-exchange of 3D works produced on the network.

Democratizing Holographic Computing

The Render Network, through the use of RNDR tokens, is 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.

OTOY and Algorand: Creating a more efficient, powerful, and scalable GPU cloud rendering network.

Explore More Use Cases

Republic

Republic is a private investing platform and technology services provider made up of numerous operating entities, that lets anyone invest in early stage companies.

Blockstack

Algorand and Blockstack are collaborating on an independent, open-source project to support future design and development of the Clarity Smart Contract Language.

PlanetWatch

PlanetWatch has developed and deployed a global network of low-cost air quality sensors with the aim of validating, filtering, and displaying data on the Internet and through a mobile application in real-time.