Everything about RLC (iExecRLC) cryptocurrency :
iExecRLC
iExec is building the future of the Internet infrastructure by decentralizing the cloud computing market.
1. Project introduction
The iExec network connects cloud resource sellers with cloud resource buyers, encouraging an ecosystem of decentralized and autonomous, privacy-preserving applications. This network aims at providing companies with scalable, secure and easy access to the services, datasets and computing resources they need.
iExec’s technology relies on Ethereum smart contracts and allows for a virtual cloud infrastructure that provides high-performance computing services on-demand. iExec believes in a future of decentralized infrastructure and market network, where big data and HPC applications, highly valued datasets, and computing resources (storage, CPU, GPU) will be monetized on the blockchain with the highest level of transparency, resiliency, and security.iExec strengthens applications running on Ethereum smart contracts, allowing for off-chain computation services and datasets on-demand. This is made possible by the iExec Proof-of-Contribution or PoCo consensus protocol that validates off-chain computations. Comparable to the oil market, the iExec marketplace offers a uniform and standardized access to computing resources, regardless of their provider.
2. Team introduction
CEO & Co-Founder: Gilles Fedak
Linkedin: https://www.linkedin.com/in/gilles-fedak-4a303a5b/
Co-Founder：Haiwu He
Linkedin: https://www.linkedin.com/in/hehaiwu/
COO: Johan Moonen
Linkedin：https://www.linkedin.com/in/moonenjohan/
3. Application and distribution
Token application:
RLC stands for “Run on Lots of Computers”. RLC is a cryptocurrency that provides standard and secure payments.
As with any cryptocurrency, RLC can be securely and easily stored, transferred, traded, divided and used to make payments. RLC has the following features:
(1) Simple to use: To access the iExec resources you need, you may pay with RLC tokens on a pay-as-you-go basis.
(2) Secure: RLC is an ERC20 compliant digital asset on Ethereum.
(3) Widely Adopted: 83 million RLC are in circulation allowing businesses to begin their journey in the iExec ecosystem.
Token distribution:
Crowdsale: 69%
Founders & Early Investors:17.2%
Bounty and R&D:6.9%
Contingency: 6.9%
Investing in cryptocurrencies carries market risks and price volatility. Before buying or selling, investors should consider their investment objectives, experience, and risk tolerance. Investments can result in partial or total loss, and investors should determine the investment amount based on the level of loss they can afford. Investors should be aware of the risks associated with crypto assets and seek assistance from financial advisors if in doubt. Additionally, there may still be unforeseen risks. Investors should consider their financial situation with diligence before making any trading decisions. The opinions, news, analysis, etc., provided on this website are market commentary and do not constitute investment advice. The platform is not responsible for any profit losses incurred due to reliance on this information.
The cryptocurrency data displayed on the platform (such as real-time prices) is sourced from third parties and for reference only, no guarantees provided. Trading on the internet comes with risks, including software and hardware failures. The platform does not control the reliability of the internet and is not responsible for any losses resulting from connection failures or other related issues.