Apple May Partner With Company Behind Render (RNDR) Crypto Token

Anvesh Reddy
June 6, 2023 Updated July 16, 2024
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Apple Render token

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.

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Octane X Partnership With Apple On Cards?

octane render token apple

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

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Anvesh reports major crypto updates around U.S. regulation and market moving trends. Published over 1400 articles so far on crypto and blockchain. A proud dropout of University of Massachusetts, Lowell. Can be reached at [email protected] or x.com/BitcoinReddy or linkedin.com/in/anveshreddybtc/
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.