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Color corrections can also be saved and applied as a preset. Jobs submitted from 3ds Max will have their color corrections written to the .vrscene file and rendered on the cloud, ; but if the render output is set to EXR, no color corrections will be written to it since it's a raw image format. In that case it is useful to save your color corrections separately.
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For more detailed information on color corrections with the VFB, please visit the following page.