Looks transparency material can't be exported correctly by 3dsmax exporter - Questions - Babylon.js
3dsmax – PNG alpha channel opacity | coeleveld.com
using alpha transparency from textures in 3ds Max alpha channels are black and white channels in an image that can be used to define transparency in games and max based on the 256 levels of grey. 0 (black) = 100% transparent, 128 (gray) = 50 ...
![3ds Max] Render to Texture is broken — polycount](https://us.v-cdn.net/5021068/uploads/editor/bn/2w9lrdios8ww.jpg "3ds Max] Render to Texture is broken — polycount")
3ds Max] Render to Texture is broken — polycount
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