iExec’s Tokenomics Week Ushers In More Utility For RLC
The post iExec’s Tokenomics Week Ushers In More Utility For RLC appeared on BitcoinEthereumNews.com. Source:Depositphotos When it comes to crypto, there are many different reasons why an investor might prefer to hold one asset over another, and in many cases it usually has something to do with “utility”. Token utility is the phrase we use to describe what a token actually does, and therefore the main reason why it’s worth having. The basic premise is that the more utility a token has, the more valuable it should be. So a token that allows you to do lots of different things, or obtain various benefits, is likely to be worth more than one that lacks any real utility. With that in mind, the decentralized computing infrastructure startup iExec has unveiled a masterplan to turbocharge the utility of its native RLC token. It came via a string of new updates delivered throughout last week’s Tokenomics Week event. It wasn’t a physical event per se, but rather a series of announcements on X that explore what iExec is doing to boost the utility of RLC in its ecosystem, as it strives to build a more productive, circular token economy where value flows to every participant. 5 days. 5 new ways to use & earn $RLC. Make sure you’re watching. — iExec RLC (@iEx_ec) May 19, 2025 What is iExec? In case you’re not familiar with iExec, it can be thought of as an alternative to public cloud computing infrastructure giants like Amazon Web Services and Microsoft Azure. Its primary customers are developers, who can pay to access its blockchain-powered computing resources, including servers, virtual machines, GPUs and storage, or whatever else it is they need, at much lower costs. To pay for those services, you’ll need RLC tokens, which act as the primary currency within its economy. The major difference between iExec and the likes of AWS…
The post iExec’s Tokenomics Week Ushers In More Utility For RLC appeared on BitcoinEthereumNews.com.
Source:Depositphotos When it comes to crypto, there are many different reasons why an investor might prefer to hold one asset over another, and in many cases it usually has something to do with “utility”. Token utility is the phrase we use to describe what a token actually does, and therefore the main reason why it’s worth having. The basic premise is that the more utility a token has, the more valuable it should be. So a token that allows you to do lots of different things, or obtain various benefits, is likely to be worth more than one that lacks any real utility. With that in mind, the decentralized computing infrastructure startup iExec has unveiled a masterplan to turbocharge the utility of its native RLC token. It came via a string of new updates delivered throughout last week’s Tokenomics Week event. It wasn’t a physical event per se, but rather a series of announcements on X that explore what iExec is doing to boost the utility of RLC in its ecosystem, as it strives to build a more productive, circular token economy where value flows to every participant. 5 days. 5 new ways to use & earn $RLC. Make sure you’re watching. — iExec RLC (@iEx_ec) May 19, 2025 What is iExec? In case you’re not familiar with iExec, it can be thought of as an alternative to public cloud computing infrastructure giants like Amazon Web Services and Microsoft Azure. Its primary customers are developers, who can pay to access its blockchain-powered computing resources, including servers, virtual machines, GPUs and storage, or whatever else it is they need, at much lower costs. To pay for those services, you’ll need RLC tokens, which act as the primary currency within its economy. The major difference between iExec and the likes of AWS…
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