Render (RNDR) Could 200X In The Bull Run, Here Is Why!

D0c Crypto
23 Mar 202413:43

TLDRThe video discusses a significant partnership between Stability AI and the Render Network, highlighting the potential for massive scaling of AI training and inference power. It emphasizes the impact on 3D VFX and media production, with Stability AI's CEO, Emat Mustac, joining the Render Network's Advisory Board. The video also explores the bullish sentiment around Render Tokens, suggesting a 200x increase in demand and token burning, and predicts a potential price surge for Render in the upcoming AI rally.

Takeaways

  • 🚀 The render network is on the verge of a significant growth with a 200x increase in its capacity due to a major partnership.
  • 🤝 Stability AI and Render Network have announced a partnership, leveraging Render's decentralized GPU network for AI training and inference.
  • 📈 Stability AI is a leader in open-source generative AI models, with their software responsible for 85% of all AI-created images as of August 2023.
  • 🌟 Emat Mustac, the founder and CEO of Stability AI, will join the Render Network Advisory Board, bringing his expertise in open AI models to the table.
  • 📱 The partnership aims to impact 3D VFX and media production workflows, potentially revolutionizing the industry.
  • 📈 The demand for Render tokens is expected to increase with the partnership, leading to more burning of tokens and potential price increases.
  • 💡 The render network currently has 1 million GPUs on its waiting list, which could be utilized to accelerate open-source AI development.
  • 📱 Render tokens can already be used on Apple devices, and the goal is to extend this to 1 billion devices, including iPhones.
  • 🔄 Emat Mustac's resignation from Stability AI's CEO role indicates a focus on decentralized AI, further strengthening the partnership with Render Network.
  • 💹 The price prediction for Render tokens is based on market cap and rank analysis, with a potential market cap of $140 billion in a future bull run.

Q & A

  • What is the main topic of the video?

    -The main topic of the video is the recent developments and potential future growth of the Render Network, particularly its partnership with Stability AI and the impact this could have on the decentralized AI space.

  • What significant partnership was announced at the beginning of the video?

    -A significant partnership was announced between Stability AI, the parent company of Render Network, and Endore. This partnership aims to leverage the decentralized GPU network of Render to scale AI training and inference power, promoting open-source, transparent generative AI technology.

  • How does the video describe the influence of Stability AI in the AI creation space?

    -The video highlights that Stability AI has been extremely influential, with more downloads than any other open AI CGP application as of August 2023. It also states that Stability AI's software, Stability Diffusion, was responsible for creating 12.59 billion images, which accounts for nearly 85% of all AI-created images worldwide.

  • What role will Stability AI's founder and CEO, Emat Mustac, play in the Render Network?

    -Emat Mustac, the founder and CEO of Stability AI, will join the Render Network's Advisory Board. His expertise and vision in open AI models will contribute to the strategic direction and growth of the Render Network.

  • What is the significance of the 1 million GPUs mentioned in the video?

    -The 1 million GPUs represent the waiting list for Render Network, which indicates a massive potential increase in the network's capacity to support open-source AI. This could revolutionize the AI models and lead to advancements in areas such as 3D VFX and media production workflows.

  • What is the potential impact of the partnership on the Render Network's tokenomics?

    -The partnership could lead to a significant increase in the burning of Render tokens due to the increased demand and usage of the network. This could result in a higher token price and a reduction in the circulating supply, potentially leading to a 200x increase in burning compared to the current rate.

  • What was Emat Mustac's announcement regarding his role at Stability AI?

    -Emat Mustac announced that he was resigning from his role as CEO of Stability AI and from his position on the board of directors to focus on decentralized AI in collaboration with the Render Network.

  • How does the video address skepticism about the use of 1 million GPUs by Stability AI?

    -The video addresses skepticism by highlighting the demand for GPU power, as evidenced by the high operating costs of models like CET PT and the potential for creating complex content like Sora, a text-to-video model. It also points out that Emat Mustac's resignation to focus on decentralized AI is a strong indicator of the commitment to using these GPUs effectively.

  • What is the video's prediction for Render's position in the overall cryptocurrency market?

    -The video predicts that Render, as the largest decentralized GPU network, deserves to be a top 10 cryptocurrency. It suggests that during the upcoming AI rally, Render could reach a market cap of $140 billion, which would correspond to a token price of $350.

  • What advice does the video give to viewers regarding Render tokens?

    -The video advises viewers that Render is still in its early stages and has significant potential for growth, given the upcoming AI rally and the network's strategic partnerships. It encourages viewers to stay informed and make their own decisions regarding investments in Render tokens.

  • How can viewers stay updated on the latest news and developments about Render and other cryptocurrencies?

    -Viewers are encouraged to follow the speaker on Twitter for updates on Render and the crypto space. Additionally, they are urged to subscribe to the YouTube channel for more informative videos and to check the video description for links to partner buy-in offers.

Outlines

00:00

🤝 Major Partnerships and Network Expansion

This paragraph discusses a significant partnership between Stability AI and the Render Network, highlighting the impact of this collaboration on the industry. It emphasizes the scale of Stability AI, which has seen massive downloads and is responsible for a large portion of AI-created images. The partnership aims to leverage Render Network's decentralized GPU network to enhance AI training and inference capabilities, thereby democratizing access to generative AI technology. The news also includes the announcement that Stability AI's founder and CEO, Emat Mustac, will join the Render Network's Advisory Board. Furthermore, the Render Network's CEO, Jules Yack, shares his vision for the future of decentralized computing and AI training, and the potential for increased demand and token burning within the network.

05:03

🚀 Growth Potential and Market Analysis

This paragraph delves into the potential growth of the Render Network, particularly in the context of AI and GPU usage. It references the capabilities of Stability AI's text-to-video model, Sora, and the significant GPU power required to operate such models. The discussion includes an analysis of token burning based on current data and the potential increase in burning if Stability AI utilizes a large number of nodes from the Render Network. The paragraph also compares the Render Network's potential growth to that of established models like CET PT and speculates on the future price of Render tokens based on market cap and historical trends in the cryptocurrency market.

10:06

💡 Future Outlook and Personal Insights

In this paragraph, the focus shifts to the future outlook of the Render Network and the personal insights of the speaker. It discusses Emat Mustac's decision to resign from his CEO role at Stability AI to concentrate on decentralized AI, indicating a significant shift in the industry. The speaker expresses excitement about the upcoming announcements and developments in decentralized AI. Additionally, the paragraph includes a personal price prediction for Render, based on market cap rankings and historical bull market data, suggesting that Render is poised for significant growth and is on track to become a top-10 cryptocurrency. The speaker invites viewers to share their opinions on the potential price of Render and encourages following him on social media for updates on Render, crypto, and other relevant topics.

Mindmap

Keywords

💡render network

The render network is a decentralized GPU network that aims to democratize AI training and inference power. In the video, it is highlighted as a major player in the industry, partnering with Stability AI and being a key factor in the future of open-source machine learning models. The network's potential is emphasized through its ability to scale with the demand for AI processing power, as exemplified by the partnership and the discussion on its growth prospects.

💡Stability AI

Stability AI is a company that specializes in open-source generative AI models. It is noted for having a significant market presence, with its software being responsible for the creation of a large portion of AI-generated images worldwide. In the context of the video, Stability AI's partnership with the render network is a pivotal moment that could greatly accelerate the development and accessibility of AI technology.

💡partnership

The term 'partnership' refers to the collaborative relationship established between two or more parties for a common goal. In the video, the major partnership between Stability AI and the render network is a central theme, signifying a significant development in the AI and technology industry. This partnership is expected to enhance the capabilities of both entities and push the boundaries of AI technology, particularly in the realm of 3D VFX and media production.

💡AI training

AI training is the process of teaching artificial intelligence systems how to learn from data, improve their performance, and make decisions or predictions. In the video, AI training is a crucial aspect of the render network's function, as it seeks to provide the necessary computational power for developing and refining AI models. The partnership with Stability AI is expected to significantly boost AI training capabilities and accelerate advancements in the field.

💡inference power

Inference power refers to the ability of a system to deduce or make predictions based on input data. In the context of AI, it is the capacity to process information and provide outputs or decisions. The video emphasizes the render network's role in scaling inference power for AI applications, which is critical for the practical application of AI models in various industries, including media production and 3D VFX.

💡3D VFX

3D VFX, or 3D Visual Effects, refers to the process of creating or manipulating images, objects, or environments in a three-dimensional space using computer-generated imagery. In the video, the partnership between Stability AI and the render network is expected to have a significant impact on 3D VFX and media production workflows by enhancing the capabilities and accessibility of AI technology in this domain.

💡emat mustac

Emat Mustac is the founder and CEO of Stability AI. He is portrayed as a visionary leader in the field of open AI models. In the video, his decision to join the render network's Advisory Board is seen as a significant endorsement of the network's potential and a key development in the push for decentralized AI.

💡decentralized AI

Decentralized AI refers to the concept of distributing AI processing power and data across a network of computers, rather than relying on centralized data centers. This approach aims to enhance accessibility, innovation, and security in AI applications. The video positions the render network as a key player in the advancement of decentralized AI, with its decentralized GPU network and partnerships like the one with Stability AI.

💡1 million gpus

The reference to '1 million gpus' in the video signifies the render network's ambitious goal to significantly scale its operations and impact the AI industry. This large number of GPUs is expected to accelerate the development and application of open-source AI models, revolutionizing various sectors, including 3D VFX and media production.

💡render tokens

Render tokens are the native digital currency of the render network, used to facilitate transactions and incentivize participation within the network. The video discusses the burning of render tokens, which is a process that reduces the overall supply, potentially increasing the value of the remaining tokens. The burning mechanism is tied to the network's usage and growth, with higher demand leading to more tokens being burned.

💡bull run

A bull run in financial markets refers to a period of time when prices are rising or are expected to rise. In the context of the video, the term is used to describe a potential significant increase in the value of render tokens, driven by the network's growth, partnerships, and the anticipated demand for AI technology. The video provides a price prediction based on historical market trends and the render network's potential.

Highlights

The render network is about to experience a significant growth with a potential 200x increase.

A major partnership was announced between Stability AI, Render Network, and Endore, highlighting the industry leaders in open-source generative AI models.

Stability AI had more downloads than all open AI CGP, making it the fastest-growing consumer application as of August 2023.

Stability AI's software was responsible for creating 12.59 billion images, which accounted for nearly 85% of all AI-created images worldwide.

The partnership aims to leverage Render's decentralized GPU network to massively scale AI training and inference power, democratizing open-source transparent generative AI technology.

emat Mustac, the founder and CEO of Stability AI, will join the Render Network Advisory board, bringing his expertise in open AI model history.

Jules yack, CEO of Utoy and Render, emphasized the shared vision for decentralized computer render serving a foundational role in the future of open-source machine learning models.

The partnership is expected to accelerate demand side for Render Network and increase the burning of Render tokens.

emat Mustac's resignation from his role as CEO of Stability AI to focus on decentralized AI, indicating a significant shift towards Render Network and its potential.

Render Network's current waiting list has 1 million GPUs, which could revolutionize open-source AI models and amplify creativity.

The potential of Render Network to reach 1 billion devices, including Apple devices like Mac, iPad Pro, and the iPhone.

The discussion on the creation of videos similar to Sora, an open AI text-to-video model, and the significant GPU usage required for such technology.

The operation cost of CET PT, a language learning model, and its comparison to the GPU power needed for full movies or commercials with models like Sora.

The calculation of the 200x growth potential for Render Network based on the partnership and the potential use of 1 million nodes by Stability AI.

The current weekly burning of Render tokens and the active nodes on the Render Network, indicating the network's current state and potential growth.

The potential market cap and price prediction for Render based on historical data and the upcoming AI rally, suggesting a significant increase in value.

The assertion that Render Network, as the largest decentralized GPU Network, deserves to be a top 10 crypto, drawing parallels with Nvidia's position in the GPU market.

The final price prediction for Render, suggesting a potential market cap of 140 billion and a price of $350 per token, while emphasizing that this is an opinion and not financial advice.