The Render Network Foundation, a provider of decentralized 3D rendering solutions, announced the distribution and unlocking of RNDR tokens. Render Network stated that when the RNP-001 proposal was proposed last year, the treasury wallet balance was 257 million RNDRs, of which 107 million should be allocated to partners, and about 42 million are still in custody for subsequent distribution. Of the 42 million RNDRs to be distributed, approximately 12.6 million tokens still need to be regularly unlocked within the first 6 months of 2023, 15.1 million will be periodically vested thereafter, and the remaining 14.3 million are unlocked, escrowed and available to receive Allotted parties redeem. Previously, the decentralized 3D rendering solution provider Render Network announced on January 20 the establishment of the non-profit organization Render Network Foundation, and the founding team handed over control of the Render Network core code base and the Render Network brand to the foundation.