iExec, a Web3 infrastructure firm building the trust layer for DePIN and AI, made a number of new announcements at Tokenomics Week. These new efforts are intended to improve the usefulness of its native token RLC and to accelerate the development of the ecosystem. The purpose of the upgrades is to

• Fixed-price vouchers that are preloaded with RLC make it simpler for builders to enroll, and they also make it more predictable for teams to grow.
• RLC is put to work at every stage of the development process, and even better, new developers may apply for a free BUILD voucher to begin the development process.
• There are now several campaigns that are providing increased rewards to users dependent on the number of RLC tokens they have stored in their wallets.

iExec, a Web3 infrastructure firm building the trust layer for DePIN and AI, made a number of new announcements at Tokenomics Week. These new efforts are intended to improve the usefulness of its native token RLC and to accelerate the development of the ecosystem.

The purpose of the upgrades is to broaden the role that the token plays in the ecosystem and to encourage a broader adoption of privacy-focused decentralized apps. These improvements include new staking mechanisms, circular revenue models, and a simplified method for builders to utilize RLC. As part of iExec’s previously stated 2025 roadmap, which intends to accelerate innovation and improve its position as the cornerstone for confidential computing, they execute on a number of goals that have been established.

As a result of the introduction of the iExec Voucher system, RLC is now more important than it has ever been to the journey of the developer. Fixed-price vouchers that are preloaded with RLC make it simpler for builders to enroll, and they also make it more predictable for teams to grow. This is because they eliminate the need for manual token handling or gas fees. When it comes to holders, this indicates that each development, test, and launch ultimately drives real use of the token.

RLC is put to work at every stage of the development process, and even better, new developers may apply for a free BUILD voucher to begin the development process. Once they go live, they can transition to EARN vouchers.

When it comes to iExec’s innovative circular revenue-sharing model, the iExec Voucher system is also a major pillar. This model is meant to pay back to those who are responsible for powering the ecosystem.

Rather of revenue going in just one way, voucher sales produce real income that is then redistributed to builders and end users depending on the activity and contribution of each of these groups. When a person establishes or interacts with other members of the network, they have the potential to earn more.

Through the use of this, usage is rewarded, the community is strengthened, and the value of RLC as the fuel underlying every transaction is reinforced.

Moreover, in addition to these incentives, iExec is providing increased payouts via its current Privacy Pass program. Furthermore, Privacy Pass is an innovative staking program that enables users to earn RLC tokens by only receiving marketing emails. The cutting-edge inbox monetization program makes use of confidential computing to protect the privacy of users by concealing their email addresses. Additionally, it provides users with complete discretion over the campaigns in which they choose to take part.

There are now several campaigns that are providing increased rewards to users dependent on the number of RLC tokens they have stored in their wallets. For a short period, the incentives will increase in proportion to the amount of RLC that a user has. This will provide a larger value to iExec’s most devoted users and encourage a greater use of tools that are focused on protecting users’ privacy.

iExec’s Builder Incentive Program offers even additional incentives to developers who cultivate a dedicated user community for their decentralized applications (dApps). This program offers a consistent stream of income to developers that increase their user base. The process is straightforward: the higher the level of interaction on their decentralized applications (dApps), the more data they safeguard, and the higher the RLC compensation they will get.

iExec’s 1 million RLC Ecosystem Fund, which provides initial investment and assistance for developers to build their ideas into fully-fledged decentralized applications with an emphasis on privacy, was just launched, and these incentives go hand in hand with the opening of the fund.

Gilles Fedak, co-founder and Chief Executive Officer of iExec said:

“We have a clear focus on increasing RLC’s utility and growing its value while expanding access to our decentralized privacy infrastructure. Our latest initiatives encourage people to use RLC instead of holding it, driving a circular token economy that creates value through utility.”

In addition to the larger efforts that the team is doing to build its ecosystem, the improved usefulness of RLC creates the groundwork for an iExec economy that is more sustainable and has a greater effect. In the meanwhile, iExec will continue with the expansion of its partnerships within the decentralized ecosystem. In order to increase the number of people who use its network, it will build on the relationships it already has with the Confidential Computing Consortium and Nvidia.

By providing developers with the ability to build decentralized apps that prioritize data ownership, privacy, and monetization, iExec empowers developers. iExec’s native RLC token makes it possible for Web3 users to exercise control over and generate revenue from their digital assets, which may include everything from personal data and computing power to artificial intelligence models.
Read more about it at https://www.iex.ec/.