### $RLC👇
iExec RLC is a decentralized cloud computing platform built on the Ethereum blockchain. Its full form is *“Run on Lots of Computers.”* Its goal is to provide developers with affordable, secure computing power, data, and applications to rent. 08c6bac5
*2. Tokenomics:*
- Token Type: ERC-20 (on Ethereum)
- Total Supply: 87 Million RLC (Fixed; no new coins will ever be created)
- Circulating Supply: ∼87 Million
- ICO: Held in April 2017; 69% of the tokens were sold to the public
- Team: 17.2% allocated to the team & advisors 7d606941
*3. How Does It Work?*
- Users pay with RLC to purchase computing power
- Providers (Workers) earn RLC by contributing their computers’ processing power. They must first stake RLC as security
- It has its own protocol, *PoCo (Proof of Contribution)*, which verifies fair payments 7d60cf63
*4. Partners:*
Major names like Nvidia, Alibaba Cloud, Google Cloud, IBM, Intel, and Ubisoft are among its partners. 1e1e
*5. Use Cases:*
It is used for AI, Big Data, Rendering, and Confidential Computing. bac5
*Final Title + Post for Binance Square:*
*Title:* Is $RLC The Next $10 AI Gem? My Full Research! 💎
*Caption:* "Do you think RLC will hit $5? Comment YES or NO"
iExec RLC is a decentralized cloud computing platform built on the Ethereum blockchain. Its full form is *“Run on Lots of Computers.”* Its goal is to provide developers with affordable, secure computing power, data, and applications to rent. 08c6bac5
*2. Tokenomics:*
- Token Type: ERC-20 (on Ethereum)
- Total Supply: 87 Million RLC (Fixed; no new coins will ever be created)
- Circulating Supply: ∼87 Million
- ICO: Held in April 2017; 69% of the tokens were sold to the public
- Team: 17.2% allocated to the team & advisors 7d606941
*3. How Does It Work?*
- Users pay with RLC to purchase computing power
- Providers (Workers) earn RLC by contributing their computers’ processing power. They must first stake RLC as security
- It has its own protocol, *PoCo (Proof of Contribution)*, which verifies fair payments 7d60cf63
*4. Partners:*
Major names like Nvidia, Alibaba Cloud, Google Cloud, IBM, Intel, and Ubisoft are among its partners. 1e1e
*5. Use Cases:*
It is used for AI, Big Data, Rendering, and Confidential Computing. bac5
*Final Title + Post for Binance Square:*
*Title:* Is $RLC The Next $10 AI Gem? My Full Research! 💎
*Caption:* "Do you think RLC will hit $5? Comment YES or NO"