iExec introduced new initiatives at Tokenomics Week to enhance the value and utility of its native token RLC and advance the ecosystem.
The upgrades include staking mechanisms, circular revenue models, and a streamlined process for builders to utilize RLC, aiming to boost privacy-focused decentralized apps' adoption.
The iExec Voucher system now plays a pivotal role, providing fixed-price vouchers preloaded with RLC for developers, eliminating manual token handling.
New developers can start with a free BUILD voucher and transition to EARN vouchers, driving real use of RLC through development stages.
The circular revenue-sharing model of the iExec Voucher system rewards users for powering the ecosystem and strengthens community engagement.
iExec is offering increased rewards through programs like Privacy Pass and Builder Incentive Program to incentivize privacy-centric dApp development.
The initiatives aim to boost RLC's utility, promote a circular token economy, and enhance decentralized app development focusing on privacy and monetization.
Gilles Fedak, iExec's CEO, emphasizes the focus on increasing RLC's value and utility through creating a circular token economy.
Efforts to expand partnerships in the decentralized ecosystem and empower developers to build Web3 apps prioritize data ownership, privacy, and monetization.
Overall, iExec's initiatives aim to drive the adoption of RLC and create a sustainable ecosystem with a broader impact within the decentralized landscape.