Projects listed: 276 |
BTC Dominance: 51.26% | Volume (24h): $34,411,122,452 | Market Cap: $2,227,520,714,712
iExec
RLC
$1.51
Sector
Distributed Computing
Exchange Debut
2017-04-21
Market Cap
109,524,633
Maxim Supply
86,999,785
Circulating Supply
72,382,548
Circ. Supply(%)
83.20%
iExec
RLC
Price
$1.51
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
3952921
1.52133092486
1.413778973395
Change 24h
Change 7d
Change 30d
4.459
-1.1323
6.6258
Maxim supply
Circulating supply
Circulating supply(%)
86,999,785
72,382,548
83.20%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the iExec – RLC cryptocurrency:
iExec RLC is a pioneering force in the realm of decentralized blockchain-based computing, leading the way to allow individuals to monetize their computing power, applications, and datasets. Through leveraging on the XtremWeb-HEP, an advanced open-source desktop grid software, iExec provides innovative solutions in sectors such as healthcare, big data, and fintech. Born in 2016, the goal of iExec is to reshape the landscape of cloud computing, creating a revolutionary paradigm. With a commendable overall score of 7.09 out of 10 in our fundamental analysis of the iExec RLC cryptocurrency, this project shows promise in several key areas.
SOCIAL & MASS MEDIA: Score 3.5 out of 10
When examining the iExec RLC’s digital footprint, there seems to be room for growth. While the social media administrators are reasonably active, scoring a 5 out of 10, the project has had challenges in establishing a robust online community presence. The overall activity and size of communities on chat groups, presence in media, and ability to attract followers are areas that can be enhanced.
AUDIT & SECURITY: Score 6.45 out of 10
Security and transparency stand out as strong suits for iExec RLC. An impressive score of 8 out of 10 for transparency of public information showcases the project’s commitment to being open with its stakeholders. The audit results and liquidity on exchanges also reflect positively on its market standing.
TOKENOMICS: Score 8.4 out of 10
In the realm of token economics, iExec RLC shines brightly. The project’s approach to inflation is praiseworthy, while its centralization of monetary mass is commendable. Our fundamental analysis of the iExec RLC cryptocurrency indicates a solid foundation in this category.
ECOSYSTEM DEVELOPMENT: Score 8.12 out of 10
iExec RLC has demonstrated consistency in meeting its objectives and showcasing the intent of introducing fresh developments. These results reflect the project’s adaptability and future-focused mindset.
TEAM & DEVELOPERS: Score 9.2 out of 10
A significant strength of the project lies in its experienced team and the number of software developers backing it. Their expertise can be a driving force in navigating future challenges and leveraging opportunities.
PRODUCT & UTILITY: Score 7.82 out of 10
The product offered by iExec RLC possesses a high utility, evident from the 8.7 score. However, the utility of the tokens within the ecosystem may need more strategic positioning to optimize their value.
PARTNERS & INVESTORS: Score 5.5 out of 10
Although the project boasts notable investors, the quality and number of partners could be diversified and expanded to strengthen its position in the market further.
Fundamental analysis of iExec – RLC cryptocurrency – The final conclusion
Upon a comprehensive review, RNDR showcases significant promise backed by strong pillars of team experience, product utility, and commendable partner relations. However, like all investments, potential risks emerge from areas like ecosystem development and enhanced transparency needs. For anyone considering diving into this venture, it’s vital to weigh these aspects in light of the potential the fundamental analysis of the Render Token – RNDR cryptocurrency reveals. This analysis suggests a project with both strengths to leverage and areas for growth and vigilance. With prudent decision-making and continued progress, RNDR might just be a name to reckon with in the future crypto landscape.
Blockchain-Powered Decentralized Computing
iExec RLC stands as a pioneer in decentralized computing, leveraging blockchain technology. It offers a marketplace for individuals to capitalize on their computational power, datasets, and applications. This groundbreaking solution emerged in 2016, seeking to revolutionize the cloud computing realm.
Foundational Strength
Behind iExec’s innovation are its brilliant founders. Gilles Fedak, the CEO and brainchild of iExec, has rich experience from INRIA and a diverse academic background merging philosophy with computer science. Similarly, co-founder Haiwu He, with a Ph.D. in computing sciences, brings his vast expertise from prestigious institutions like the Chinese Academy of Sciences, making iExec a product of profound desktop grid computing research.
What Sets iExec Apart?
The uniqueness of iExec is apparent in its structure. By connecting as iExec Workers, individuals can monetize their computing resources, earning RLC tokens. Moreover, it harnesses the PoCo, or proof-of-contribution protocol, certifying resource usage directly on the blockchain. Through this, iExec offers decentralized applications (DApps) expansive and secure access to vital computing resources, solidifying its stance as a decentralized cloud infrastructure dynamo, bolstering the sustainability of data centers.
Unparalleled Security in iExec Network
Addressing Ethereum’s inherent limitations, iExec enhances smart contract capabilities around scalability and privacy. With its TEE (Trusted Execution Environment), a hardware-level safeguard in the CPU, it ensures code integrity, making external information access via Web2 infrastructure foolproof.
In sum, iExec RLC’s fundamental analysis showcases its potent blend of decentralized computing prowess, innovative foundation, unique features, and unparalleled security measures, truly defining it as a future-focused cryptocurrency.
- Latest analysis update: October 5, 2023
iExec - RLC performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
