iExec allocates 1 Million USD to Fund Innovation using the iExec RLC Protocol

Posted on May 14, 2021 by Design in Design Innovation | 0 Comments

iExec Developer Rewards & Grants: Allocating $1 Million to Fund Innovation using the iExec RLC Protocol

iExec is proud to announce the start of the iExec Developer Rewards program. The program allocates $1 Million to inspire developers to discover the opportunities for innovation made possible with the iExec protocol.

The program will offer 2 types of funding:

1. Quickly claimable rewards for application developers

2. Long-term grant funding

The program is ongoing, and offers funding rewards and support to anyone building with iExec, be it individual developers or larger teams. From easily claimable rewards for developers to larger grants for more ambitious projects, learn more about the reward tiers below:

How to Submit a Project Proposal:

Fill in the following form:

➡️ https://iexecblockchaintech.typeform.com/to/dKVCgGZr

Tips & Evaluation Criteria:

The program is intended for applications that demonstrate the use of iExec technology and use the RLC (or eRLC) token.
To make it easier to fill out the form, please consider noting your responses in an external document before copying and pasting them into the form.

Your application will be evaluated by the iExec team based on these criteria:

Adoption Value (RLC token adoption)
Usefulness of use-case
Experience of the team
Technical feasibility
Innovation

Eligibility

Your project submission:

Must use the iExec tech stack and RLC token
Must not use someone else’s code
Provide documentation

Delivering your application and receiving rewards

Once you’ve submitted your proposal, the iExec team will be in touch within 2 weeks. If your proposal is accepted, we’ll create a public Gitcoin bounty for you. When the work has been delivered, payment will be made via Gitcoin.

What can iExec be used for?

iExec is an innovative market network where anyone can monetize their applications, servers, and data sets. The iExec network is made up of various types of computing resource providers.

Application providers can monetize their applications and algorithms.
Computing power providers on the network are called ‘iExec Workers’. As workers, users can connect their machines and be rewarded in RLC tokens for contributing resources to the network.
Data providers who own valuable datasets can make them available for use by applications through iExec.
Decentralized Oracles with iExec: The iExec consensus protocol ‘PoCo’ (Proof of Contribution) provides consensus over off-chain computing and can also be used to integrate decentralized oracles with iExec.
Confidential Computing with iExec: iExec can be used to perform confidential computing or trusted off-chain computing with blockchain.

Find iExec technical documentation, tutorials, and use case examples on iExec Academy: 📚 ➡️ https://academy.iex.ec

Application form: https://iexecblockchaintech.typeform.com/to/dKVCgGZr

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