iExec is a decentralized platform based on the Ethereum blockchain. It enables users to rent computational resources needed for various computing tasks.
The token associated with iExec is the platform's native cryptocurrency, which is used to pay for services provided on the iExec platform, referred to as RLC.
They have a very interesting core idea of operation, which is to create a decentralized network where users can rent computational resources from each other. This allows for efficient utilization of unused computing power among network participants and grants access to these resources to other users in need.
The RLC token is also used for payment of services such as renting computational resources, task execution, and accessing various tools and services on the platform.
Additionally, RLC token holders have the right to participate in the decision-making process through the voting system.
Overall, iExec and its RLC token represent an innovative approach to utilizing computational resources and creating a decentralized network.
I definitely appreciate the idea with a rating of 5. The project offers unique opportunities for renting computational resources and developing new blockchain-based solutions. Show Less
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