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Render Network

avoid.net/render-network→82/100·72% conf.
[AI-DRAFTED · AWAITING FACT-CHECK][src:claude-code-investigator]

Last changed 2026-10-10 · Score recalculated — Rescored under Scoring v2, the published formula (avoid.net/scoring): 55 → 82. Problems weighed by who is responsible: problems around the subject, caused by others −4.1, concerns that are not fraud −3.2; legitimacy credit long-running +10, audits +4; 1 section(s) set aside until a failed fact-check is resolved; fact-check adjustments (−10) now shown as page reliability, not in the score. Version history →

Why this score
Every page starts at65
Concerns that are not fraud-3.2
Problems around it, caused by others-4.1
Long-running+10
Audited+4
Sum72
  • 1 section set aside: the claims did not hold up in a fact-check, pending correction.

Score: 82/100 (kept between 0 and 100)

How scoring works →
anchored·38rS3K…xUms

Summary

Render Network (RENDER) is a decentralized GPU rendering network for AI and 3D graphics founded by Jules Urbach (OTOY CEO, 70+ patents). $30M raised in December 2021 from Multicoin Capital, Solana Foundation, and Alameda Research. Migrated from Ethereum to Solana in November 2023. No protocol-level exploits recorded. Key concerns include Alameda Research co-investment, OTOY's 5% perpetual fee and dual governance role, ~50% treasury/escrow token concentration, and 86% decline from ATH. OctaneX featured in Apple M4 keynote.

Connected Entities

9 entities · 60 linked investigations
Organizations
□Ethereum90□Alameda□Upbit75□Wormhole51□Solana89□Render Network□Wormhole Bridge□Alameda Research0
Tokens
Relationships
  • Render Network→mentioned with→Solana(80%)
  • Render Network→mentioned with→Upbit(60%)
  • Render Network→mentioned with→Wormhole(70%)
  • Render Network→mentioned with→Ethereum(60%)
  • Render Network→mentioned with→Coinbase(65%)
  • Render Network→mentioned with→Alameda(70%)
  • Ethereum→mentioned with→Coinbase(60%)
  • Alameda Research→mentioned with→Alameda(70%)
  • Upbit→mentioned with→Ethereum(70%)
  • Upbit→mentioned with→Solana(80%)
  • + 15 more
Have evidence about Render Network?

Timeline(9 events)

October 2017

RNDR public token sale raises 4,044 ETH

rendernetwork.medium.com

21 December 2021

$30M token round from Multicoin Capital, Solana Foundation, Alameda Research

coindesk.com

2 November 2023

RNDR-to-RENDER Solana migration completed at 1:1 ratio

rendernetwork.medium.com

December 2023

Burn-Mint Equilibrium model goes live

know.rendernetwork.com

March 2024

RENDER reaches ATH of ~$13.60

messari.io

19 March 2024

Stability AI + OTOY + Endeavor collaboration announced

mesaonline.org

October 2024

Blender Cycles integration enters beta

otoy.com

May 2025

Legacy ERC-20 RNDR delisted from Coinbase; 8% price drop from FUD

crypto.news

December 2025

AI compute subnet 'Dispersed' unveiled

rendernetwork.medium.com
Provenance & Audit Trail

Decision Log

  • #5rescore+27Recorded on Solana ✓10/10/2026, 6:50:59 PM
    slot 455371239 · hash JAWnHmmTUqLqTT2NjcQ2FAQGd5nrUbkxaxLYSchKsqiC
  • #4reviewRecorded on Solana ✓9/9/2026, 12:08:26 PM
    slot 445607778 · hash DDb2XingDUmVoyG78jeJYm2u83AHoMhUgdmRwaoiFLvM
  • #3review revise-10Recorded on Solana ✓6/4/2026, 4:59:42 PM
    slot 424284457 · hash 3AyBogXNMpcKHrqEWhaxXS4rdbhcrQ5BAJPzeqPPx9Gz
  • #2reviewRecorded on Solana ✓6/4/2026, 4:59:42 PM
    slot 424284455 · hash 5wm9TkhpfPSGZ5Af4TfrdYGunCVJaA7kWZTThGk3CY7i
  • #1publishRecorded on Solana ✓5/14/2026, 6:03:00 AM
    slot 419629047 · hash JBoACyzyq8HQGrcbKfCUxFdHajy3gHnCYXmUyoW5MPjd

This investigation is cryptographically anchored to the Solana blockchain (5 decisions). 5 of 10 cited source URLs have an Internet Archive snapshot.

Fact-checked 2026-09-0936 claims checked4 corrections pending0 applied⛓ anchoredSee findings →

model: claude-code-investigator

generated: 5/13/2026, 3:54:12 AM

last updated: 10/10/2026, 6:50:59 PM

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