- $1 million fund launched for AI and DePIN innovation.
- Focus on Web3 and decentralized apps.
- Supports early-stage to scale-up projects.
iExec has unveiled a $1 million RLC Ecosystem Fund on April 23, 2025, targeting AI and DePIN advancements within the decentralized application space.
This initiative could bolster decentralized technology development, aligning with broader trends in fostering Web3 innovations.
The $1 million fund by iExec is aimed at fostering the development of decentralized applications by supporting AI and DePIN projects. The initiative is powered by the iExec RLC token, marking a key commitment to web3 technology.
“The fund represents our commitment to furthering blockchain adoption by enabling builders who are driving the next phase of web3 development.” — iExec Team, iExec
Established by iExec, a leader in blockchain solutions, the fund combines dilutive and non-dilutive investments to support projects from early development to scale-up. This emphasizes iExec’s role in advancing digital asset technology.
The launch is anticipated to impact multiple sectors, providing tools for developers in AI, finance, and big data. iExec’s initiative could drive innovation across real-world and digital infrastructures, increasing Web3 applications.
Experts highlight that enhanced privacy and computing resources offered by iExec can attract developers aiming to create robust solutions. The fund’s role is seen as critical in developing decentralized technologies powered by AI and DePIN.
Potential outcomes include boosted technological convergence, where the use of data and AI enhances decentralized networks. The fund sets a strategic precedent, aiming to accelerate innovation and adoption in blockchain-based applications.
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