iExec (RLC) Price

iExec (RLC) is a cryptocurrency operating on the Ethereum blockchain as an ERC-20 token. Currently ranked #605 with a price of $0.4928, it has seen a +2.26% change in the last 24 hours. iExec is the utility token for the iExec platform, which specializes in decentralized cloud computing, focusing on AI, big data, and distributed computing solutions. The token enables users to access computing resources, execute dApps, and participate in the marketplace for computing power. With a current market cap of $35.67M and a circulating supply of 72.38M RLC, iExec serves as the payment medium within the iExec ecosystem for renting computing resources, data sets, and applications. The token also provides governance rights to holders within the iExec network.

iExec was created in 2016 by a team of developers, scientists, and researchers. The project held its Initial Coin Offering (ICO) on April 19, 2017, in France, where it successfully raised $12.5 million in less than 3 hours. This marked the official public launch of the RLC token on the Ethereum blockchain.

The founder of iExec is Gilles Fedak, who serves as the CEO and co-founder of the project. Before establishing iExec, Fedak worked as a research scientist at INRIA, completed a postdoc at UC San Diego, and served as ATER at University Paris-Sud. He founded iExec to create a decentralized computing platform that operates on the Ethereum blockchain as an ERC-20 token. The project aims to provide a marketplace for computing resources, focusing on distributed computing solutions.

iExec (RLC) works as the utility token for the iExec decentralized cloud computing platform. Built on Ethereum as an ERC-20 token, RLC facilitates transactions within the ecosystem where users can rent or provide computing resources. The token enables payments for computational tasks, data sets, and applications on the platform. With a current price of $0.4928 and market cap of $35.67M, RLC ranks 605 among cryptocurrencies. The token has a circulating supply of 72.38M RLC and maximum supply of 86.99M RLC. RLC powers iExec's marketplace where providers offer computing power, developers contribute applications, and data providers share datasets. Users spend RLC to access these resources, while providers earn tokens for their contributions. This creates a decentralized economy for cloud computing resources, particularly beneficial for AI, big data processing, and distributed applications.

iExec operates on a sophisticated technical architecture built on the Ethereum blockchain as an ERC-20 token. The system employs a decentralized cloud computing infrastructure that connects resource providers with users through a marketplace model. At its core, iExec uses a consensus mechanism for transaction validation and network security, with specialized nodes handling different functions including computation, storage, and data processing. The architecture features smart contracts that automate agreements between parties, while the RLC token serves as the native utility token powering the entire ecosystem. The platform incorporates privacy-preserving technologies and oracle services to connect on-chain and off-chain resources. This architecture enables distributed computing capabilities, allowing for secure, scalable processing of AI workloads, big data applications, and other computational tasks across a network of decentralized resources.

iExec has an ambitious roadmap focused on expanding its utility and adoption in the Web3 ecosystem. By 2026, the project aims to enhance trading accessibility through strategic partnerships, expand decentralized liquidity pools with staking incentives, and scale the iExec Voucher system to simplify developer transactions. Looking ahead to 2027, iExec plans to strengthen its position in the AI & Big Data sector by integrating more advanced distributed computing solutions. The team is also developing improved interoperability with Ethereum, Polygon, and Polkadot ecosystems. For 2028-2031, iExec will focus on enterprise adoption, enhancing its DePIN (Decentralized Physical Infrastructure Networks) capabilities, and expanding its AI agent marketplace. With its current price at $0.4928 and market cap of $35.67M, iExec aims to increase utility value through these strategic developments rather than focusing solely on price appreciation.

iExec is currently going up due to increased market interest in Web3 and distributed computing solutions. The recent +2.26% gain reflects growing adoption of its decentralized computing platform and positive sentiment in the AI and DePIN sectors.

iExec is currently dropping due to market volatility, with a +2.26% change in the last 24 hours. The price decline reflects broader cryptocurrency market trends, investor sentiment shifts, and potential profit-taking after recent gains. The current price is $0.4928, down from a 24-hour high of $0.4949.

iExec could reach around $2 by 2027, with current price at $0.4928. Historical performance and market trends suggest potential growth to $3-5 by 2031 if adoption increases in Web3 and DePIN sectors.

iExec price may rise with market recovery, increased adoption, and positive developments. Currently at $0.4928, analysts predict potential growth in 2027 if market conditions improve and Web3 adoption accelerates.

The current price of iExec (RLC) is $0.4928. As the #605 cryptocurrency by market cap, RLC has seen a +2.26% change in the last 24 hours with a trading volume of $4.68K.

The highest price iExec has ever reached was $7.44, recorded in November 2021. This represents the all-time high (ATH) for RLC since its launch.

The lowest price iExec has ever been is $0.1538. This historical low was recorded in the past, representing the minimum value the cryptocurrency has reached since its inception.

Currently, 1 RLC is worth $0.4928.

iExec is valuable as it powers a decentralized cloud computing marketplace, enabling users to rent and monetize computing resources. Currently ranked 605 with a price of $0.4928, it facilitates secure AI computations, distributed computing, and Web3 applications while maintaining privacy through key partnerships.

Currently, there are 72.38M RLC iExec coins in circulation, with a maximum supply of 86.99M RLC. iExec ranks 605 by market cap.

Mining RLC can be profitable depending on electricity costs and hardware efficiency. With $0.4928 per token and $35.67M market cap, miners may achieve positive returns when RLC's price exceeds operational costs.

iExec was launched on April 18, 2017. It was built on the Ethereum blockchain as an ERC-20 token, focusing on decentralized computing resources.

Currently, one RLC costs $0.4928.

You can buy iExec through centralized or decentralized exchanges(Gate.com). Simply create an account, complete identity verification, deposit funds, and place an order to buy RLC at $0.4928. Crypto ATMs also offer direct purchases.

To purchase RLC, create an account on a reputable cryptocurrency exchange(Gate.com), complete identity verification, deposit funds using bank transfer or card, navigate to RLC trading pair, enter purchase amount, and confirm your transaction. Store your RLC in a secure wallet for safekeeping.

Yes, iExec is a legitimate cryptocurrency with a solid track record since 2017. Currently ranked 605 with a market cap of $35.67M, it operates on the Ethereum platform and focuses on distributed computing and AI solutions. The project has active development and partnerships in the Web3 ecosystem.

RLC is the native utility token of the iExec platform, ranked 605 by market cap. Currently priced at $0.4928, it powers a decentralized cloud computing marketplace where users can rent computing resources. RLC facilitates transactions, rewards providers, and governs the network.

Yes, RLC is an AI coin. It's the token for iExec, a decentralized computing platform focused on AI and big data solutions. RLC powers the ecosystem where AI computations can be executed securely and privately on distributed networks.

Gilles Fedak is the founder of iExec. He is the CEO and co-founder of iExec, previously working as a research scientist at INRIA.

The current price of iExec is $0.4928, ranking #605 with a +2.26% change in the last 24 hours. The 24-hour trading volume is $4.68K.