iExec RLC is about to co-host the Grants Pitch Day throughout Devcon in Bangkok alongside the Avalanche Basis and Polkadot on November 12th. The occasion will provide founders a possibility to pitch their tasks for a share of $500,000 in grant funding.
Refer to the official tweet by RLC:
iExec is thrilled to co-host the Grants Pitch Day throughout Devcon alongside @AvalancheFDN & @Polkadot!
Founders, pitch your mission for a share of $500K in grant funding!
🗓Nov 12 #Devcon2024
Restricted spots—apply now to join with key ecosystem gamers: https://t.co/gjcQqVVetY
RLC Info
iExec is a decentralized cloud computing platform based on the Ethereum blockchain. It provides on-demand computing resources for decentralized applications (dApps) on its cloud. Unlike traditional cloud services, iExec offers a blockchain network that integrates various computing resources, facilitating the smooth operation of dApps by distributing their computational processes.
iExec ensures efficient dApp functioning by offloading processing-intensive computations off-chain, maintaining the uninterrupted operation of on-chain blockchain activities. This decentralization of computations is achieved using XtremWeb-HEP, an open-source Desktop Grid Software. This software facilitates Desktop Grid computing, which leverages unused computing power from various sources for dApp processing. With XtremWeb-HEP, iExec can provide a vast array of essential features, like fault-tolerance, multi-application support, and hybrid public/private infrastructure, allowing dApps to access any computing resource within the iExec framework.
The RLC token is iExec’s native cryptocurrency. It serves as the primary medium to access the services within the iExec infrastructure. This means that to utilize iExec’s decentralized computing resources or other platform-related services, users would primarily engage through the RLC token.