iExec Expands RLC Token Utility in Bid to Drive Web3 Growth

iExec Expands RLC Token Utility in Bid to Drive Web3 Growth

Table of Contents

IEXEC expands the Web3 infrastructure provider of the tool located in the original RLC code, in a designed step to enhance its position in the decentralized area that focuses on privacy.

Enter the advertisement released during the distinguished symbol week. Dimine You have.

The developer simplifies the plane

One of the main ads from IEXECThe platform that serves the DePin and AI confidence layer, is the launch of the IEXEC voucher system.

This fixed price mechanism simplifies the use of the RLC code for developers. Instead of managing or dealing symbolic transitions, unpredictable Gas feesDevelopers can now use prepaid vouchers to cover their operations, and provide a more predictable experience.

To facilitate the start of developers, IEXEC offers free “building” vouchers, which allow developers to start construction, with the option to switch to “gain” vouchers once their applications go directly.

The system also supports the new IEXEC revenue model, and the rewards of developers and users based on the amount of contribution and participation. The more builders and users interact, their rewards increase.

The rewards participating in the network

In addition to the IEXEC voucher system, the company has improved its STAKING PASS program, allowing users to earn RLC codes only by receiving marketing emails.

The Innium Fund Landing Program protects the user’s privacy through secret computing, hiding email addresses while giving users to control the campaigns in which they participate.

According to what was reported, some campaigns now offer higher bonuses based on the number of users of RLC symbols. For a limited period, users with larger balances of RLC can earn more, which encourages loyalty and larger use of the IEXEC privacy tools.

Privacy -focused ecosystems fund

Besides these incentives, Iexec has recently launched a million RLC fund for ecosystem to provide financing and support for developers who focus on privacy.

Gilles Fedak, co -founder and executive director of IEXEC, emphasized the company’s focus on increasing the practical use of RLC symbols, and encouraging users to spend them instead of just sticking.

He said: “Our latest initiative encourages people to use RLC instead of keeping it, which leads to a symbolic circular economy that creates value through interest.”

In addition to DePin, AI and Defi, IEXEC also targets developers working on solutions that involve The origins of the real world (RWAS), social financing (SOFI), and infrastructure to maintain privacy.

The company is working to expand its cooperation with secret computing consortium and NVIDIA to pay wider accreditation for its decentralized network.

Why this matters

By connecting RLC to tools and bonuses in the real world, Iexec is pushing the distinctive symbol towards practical use, an important step as web3 grows into areas such as DePin and AI that requires strong privacy and computing power.

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