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iExec RLC

iExec RLC RLC Price $ 3.92

Rank: 275

929 Watchlists

Blockchain Infrastructure

RLC Price

3.92
0.54%
($ 0.0209)
Price Range
LowHigh
$ 3.65$ 3.92

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Token

Description

iExec RLC is a marketplace for trading cloud computing resources.

iExec RLC (RLC) Chart

The iExec RLC to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

RLC to USD Converter

iExec RLC (RLC)RLC

RLC Price Statistics

leaderboard

Market Cap

$ 282.33M

FDV

$ 339.35M

ATH Market Cap

$ 1.11B

24 Trade Vol.

$ 18.51M


Vol. (24h) / MCap

0.0655

Max Supply

RLC 86,999,785

Total Supply

RLC 86,999,785

Circulating Supply

RLC 72.38M

(83.2% of Max Supply)

Listing Date

20 Apr 2017

All Time High

$ 15.50

10 May 2021


All Time Low

$ 0.149

15 Dec 2018


From ATH

74.8%

From ATL

2,515%

iExec RLC Price Analysis

What is iExec RLC (RLC)?

iExec is a cloud computing blockchain-based infrastructure. It connects cloud resource sellers with buyers. The platform aims to provide scalable, secure, and easy access to any potential services, datasets and computing resources that are needed. As such, iExec claims to be the “decentralized future of cloud computing” as it offers a faster and cheaper alternative to traditional centralized cloud services. iExec technology is developed on Ethereum based smart contracts on which its virtual cloud infrastructure provides on-demand computing services. iExec’s Proof-of-Contribution consensus mechanism enables applications running on Ethereum to leverage its computation services off-chain, as well as datasets on-demand.

RCL is the platform’s native cryptocurrency and is used as a payment method for the services provided on the iExec platform, most products are available in a pay-as-you-go manner. RCL is an ERC20 token standard and can be stored, transferred, traded, or used for payments. The token was originally sold via ICO in April 2017.

What are iExec RLC’s key features and how does it work?

The iExec ecosystem consists of a suite of products:

  • iExec Marketplace. Computing assets can be traded, like any other commodity, on the iExec Marketplace.
  • iExec SDK. CLI and JS libraries are available for developers to use. Off-chain computations are also enabled from the platform’s cloud.
  • Dapp Store. All decentralized applications running on iExec can be found and are available in the Dapp store.
  • Data Wallet. The Data Wallet allows data providers to earn value on their datasets whilst retaining maximum security.

There are three different resource providers on the platform:

  • Application Providers. App developers can monetize their apps, algorithms, and other assets on the platform. These providers can set fixed fees for the use of their services following a pay-per-task model.
  • Computing Providers. Computing providers also called “workers”, can make use of their excess CPU power by renting it by connecting to the iExec network. Datasets are then available for use through the iExec Data Store.
  • Data Providers. Providers of data can earn from monetizing dataset usage. Any form of data can be monetized on the platform. Including datasets, or models including AI-trained models. Data providers can work individually, or join a worker pool.

Rewards are distributed in RLC tokens, and anyone can be eligible to become a “worker”, both individuals and companies, as long as they have the necessary services to offer.

What can RLC be used for?

An example of the iExec technology in use is with eFast. eFast aims to help small investors to optimize their trading decisions via using advanced computational methods. As such, eFast uses iExec’s distributed cloud as a virtual computer. It can leverage iExec’s technology and connect to various data providers linked to the network, for example, Kaiko.com, and quickly and efficiently analyze its data. In this case, Kaiko.com provides cryptocurrency stock exchange data which can benefit the users of eFast who require trading information.

Where can you buy RLC?

RLC is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Binance, CoinBase Pro, and Gate.io. The price of RLC will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for RLC market price, please view the price charts on this page.

iExec RLC Price Today

iExec RLC's current price is $ 3.92, it has increased +0.54% over the past 24 hours.

iExec RLC's All Time High (ATH) of $ 15.50 was reached on 10 May 2021, and is currently -74.7% down.

The current circulating supply of iExec RLC is 72.38 Million tokens, and the maximum supply of iExec RLC is 87.00 Million.

iExec RLC’s 24 hour trading volume is $ 18.59 Million.

iExec RLC's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 283.73 Million.

You can find more details about iExec RLC on its official website and on the block explorer.

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