iExec launches $1M RLC Ecosystem Fund to promote Web3

iExec, a trust layer for decentralized physical infrastructure networks (DePIN) and artificial intelligence (AI), has launched a $1 million RLC Ecosystem Fund to help accelerate Web3 project development, as per the reports shared with Finbold on Wednesday, April 23.  The fund offers dilutive and non-dilutive capital to early-stage and scaling projects working on DePIN, AI, and related Web3 solutions. iExec RLC Ecosystem Fund As a trust layer for DePIN and AI applications, iExec will provide developers not just with financial support but also the tools and mentorship necessary to create advanced decentralized solutions.  According to Nathan Chiron, iExec’s Chief Revenue Officer (CRO), the fund is not only an investment but a catalyst for future changes in the industry:  “We invest in conviction, not consensus, and with the launch of the RLC Ecosystem Fund, we’re confident we can add real value by backing the builders defining the future of AI and DePIN, one that puts privacy first source: https://finbold.com/iexec-launches-1m-rlc-ecosystem-fund-to-promote-web3/