Jules Urbach, the CEO and founder of OTOY, wants to democratize content creation, specifically as it pertains to virtual assets. OTOY's technology intends to fulfill the hope of an open cloud-based metaverse via the Return Network — the first decentralized graphics processing unit of measurement (GPU) rendering network & 3D marketplace congenital on OTOY's OctaneRender nonfungible token (NFT) ecosystem.

While at the inaugural Solana Breakpoint Conference in Lisbon, Portugal, Urbach announced Render Network's integration with the Solana blockchain, also as a partnership with NFT minting platform Metaplex.

Urbach noted that the project'southward recent movement to Solana happened for a variety of reasons. He mentioned that Solana runs on high-performance code at a fast plenty speed to handle scene graph changes on-chain without sacrificing security. Such a programmable and secure underlying infrastructure is disquisitional for scalable and shareable dynamic metaverse content, he said.

He also indicated that the Return Network aims to fund the development of an open-source Rust GPU cross-compiler tool for the RNDR Software Development Kit, or SDK, that lets developers target both the Solana smart contracts virtual machine (VM) and Render Network GPU nodes with identical code.

Urbach chosen Metaplex a huge opportunity to reimagine an NFT marketplace at scale, noting that storefront and smart contract code tin can be integrated into the art, itself. Artists using the Return Network tin do good from custom 3D metaverse-similar NFT storefronts coded inside the avails, and payment flows tin ostensibly exist handled regardless of the number of a given NFT'southward rendering contributors.

Thanks to Metaplex, the Return Network will also equip augmented reality (AR) creators with the flexibility to brand live updates and to live stream renderings of NFTs on the cloud beyond all devices, including iPads and iPhones. Urbach said:

"To make mixed reality piece of work, it's more than just rendering. We need to be able to take all the information coming from an iPhone or an iPad and use that to blend and relight the scene."

A number of Twitter users responded positively to the news. According to MediaFire.com co-founder Tom Langridge, the keynote was "hands one of the almost exciting presentations I've seen in the last decade."

Another user called the Render Network the "the Uber for rendering" that "will power the Metaverse."

The Return Network has already been used by many crypto artists such as Beeple. The work of both Marvel and DC Comic volume creative person Alex Ross and Star Trek creator Gene Roddenberry is also currently being archived on the Render Network. These metaverse archives will preserve their respective creations on the blockchain for futurity utilization.