iExec launches $1M RLC fund to back developers in AI, DePIN, RWA and more

iExec launches $1M RLC fund to back developers in AI, DePIN, RWA and more

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Companies are racing to capture intersections between Web3, AI, DePin, RWAS and more, which is why Iexec is investing in developers.

In a crowded Blockchain integration race with industries in the real world, IEXEC follows a direct approach by launching a dedicated box for developers, Crypto.News can reports exclusively. On Wednesday, the Defi Iexec platform announced the RLC ecosystem of one million, equivalent to about $ 1.22 million.

The Fund will support developers working in the main industry sectors and will often return projects in major fields such as Decentralized physical infrastructureArtificial intelligence and decentralized financing. In addition, projects that focus on the asset icon in the real world, social financing, and privacy conservation techniques are also qualified to apply for financing.

IEXEC to support projects that focus on privacy

The focus will be on projects that build new solutions in DePin and AI, with a focus on privacy protection. In addition to financial support, the selected projects will be able to access the counseling, the IEXEC strategic network, and a set of resources, including developers and its software development group, to simplify the process of providing its applications to life.

“We are investing in condemnation, not consensus, and with the launch of the RLC Fund for Ecological Systems, we are confident that we can add real value by supporting builders who determine the future of artificial intelligence and religion, which is placed first.

The fund will be distributed through a mixture of diluted and unacceptable investments, allowing projects to negotiate whether the investment will affect their stock structure by increasing the number of shares due.

Decentralized physical infrastructure It focuses on building and expanding the physical layer of infrastructure across sectors such as wireless and wireless communications, transport and cloud computing. It enhances Blockchain mechanisms to enable users to operate, maintain and benefit from these networks.

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