Web3 infrastructure provider iExec expands the real-world utility of its native RLC token, in a move designed to strengthen its position in the privacy-focused decentralized space.
The announcement made during Tokenomics Week introduced a suite of updates aimed at developers, stakers, and app users in the DePIN and AI.
Simplifies Developer Onboarding
One of the key announcements from iExec, the platform serving the trust layer for DePIN and AI, is the launch of the iExec Voucher system.
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This fixed-price mechanism simplifies the use of the RLC token for developers. Instead of managing manual token transfers or dealing with unpredictable gas fees, developers can now use prepaid vouchers to cover their operations, providing a more predictable and streamlined experience.
To make it easier for developers to get started, iExec is offering free โBUILDโ vouchers, which allow developers to begin building, with the option to switch to โEARNโ vouchers once their applications go live.
The system also supports iExecโs new revenue model, rewarding developers and users based on how much they contribute and engage. The more builders create and users interact, the higher their rewards.
Rewards Network Participants
In addition to the iExec Voucher system, the company has improved its Privacy Pass staking program, letting users earn RLC tokens just by receiving marketing emails.
The inbox monetization program protects user privacy through confidential computing, masking email addresses while giving users control over which campaigns they participate in.
Reportedly, some campaigns now offer higher rewards based on how many RLC tokens users hold. For a limited time, users with larger RLC balances can earn more, encouraging loyalty and greater use of iExecโs privacy-focused tools.
Ecosystem Fund to Back Privacy-Focused Apps
Alongside these incentives, iExec recently launched a 1 million RLC Ecosystem Fund to provide early-stage funding and support for developers building privacy-focused dApps.
Gilles Fedak, iExecโs co-founder and CEO, emphasized the companyโs focus on increasing the practical use of RLC tokens, encouraging users to spend them rather than simply hold.
โOur latest initiatives encourage people to use RLC instead of holding it, driving a circular token economy that creates value through utility,โ he said.
In addition to DePIN, AI, and DeFi, iExec is also targeting developers working on solutions involving real-world assets (RWAs), social finance (SoFi), and privacy-preserving infrastructure.
The company is further expanding its collaborations with the Confidential Computing Consortium and Nvidia to drive broader adoption of its decentralized network.
Why This Matters
By connecting RLC to real-world tools and rewards, iExec is pushing its token toward practical use, an important move as Web3 grows into areas like DePIN and AI that demand strong privacy and computing power.
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