iExec Jumps into the Web3 and AI Fray with a Bang!

Hang onto your hats, folks! The race to blend Web3, AI, DePIN, RWAs, and more is heating up, and iExec isn't just running—it's sprinting! They're diving deep into the developer pool to pull out the big fish. Why? Because they know that's where the magic happens!

In this wild, no-holds-barred race to fuse blockchain with the real world, iExec is throwing down the gauntlet with a massive $1.22 million fund. That's right, a whole million RLC to supercharge the developers who are tearing up the rulebook. This bombshell dropped on Wednesday, and it's set to shake up the DeFi scene like never before!

This fund isn't just pocket change; it's a lifeline for developers tackling the heavy hitters: decentralized physical infrastructure, artificial intelligence, and decentralized finance. But wait, there's more! If you're into tokenizing real-world assets, social finance, or those privacy-preserving tech wizards, you too can get a slice of the pie. The possibilities? Endless!

iExec to Back Projects That Focus on Privacy

Get ready, because iExec is all about backing the bold and the brave in DePIN and AI. And guess what? They're putting privacy front and center! Not only will you score some serious cash, but you'll also tap into iExec's brain trust—mentorship, strategic partnerships, and a toolkit that'll make your head spin. Everything you need to turn your vision into reality is right at your fingertips!

“We’re not here to follow the herd. We're here to back the visionaries who are redefining AI and DePIN with privacy at their core. This fund isn't just money; it's a launchpad for real change and real-world impact,” declares iExec’s CRO, Nathan Chiron. This guy means business, and he's betting big on the future!

But how will the cash flow? Through a mix of dilutive and non-dilutive investments, so projects can choose whether to keep their equity structure intact or shake things up. It's all about flexibility and fueling the fire of innovation!

So, what's DePIN all about? It's the backbone of the future, folks—building and expanding the physical infrastructure that powers everything from telecoms to cloud computing. And it's all run by the people, for the people, using blockchain to turn everyone into a stakeholder. This is more than just tech; it's a revolution!