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Richard Teng
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iExec RLC is a decentralized cloud computing platform that operates on the Ethereum network. iExec enables access to "on-demand" cloud computing resources and technologies offered on the iExec cloud via decentralized applications. iExec was founded in 2016 to reinvent cloud computing by creating a new paradigm using blockchain technology. The network helps dApps utilize low-cost, high-performance resources, including servers, databases, Software as a Service application, web hosting, and computer farms. The $RLC token, the main asset utilized to access services within the iExec infrastructure, is a native cryptocurrency of iExec. RLC stands for Run on Lots of Computers. The current price of RLC is live-tracked on Binance. iExec's blockchain technology allows users to convert their applications, datasets, and computing power into financial resources using iExec's marketplace network. iExec makes this possible by providing on-demand access to cloud computing resources. Currently, iExec supports applications in big data, healthcare, artificial intelligence, interpretation, and fintech. #RLC $RLC
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Toncoin is the native network cryptocurrency of the TON decentralized ecosystem. TON aims to enable fast payment settlement, easy-to-use decentralized applications, small fees, and other positives offered by its layer-1 independent blockchain. TON's layer-1 operates on its blockchain and not atop another independent blockchain, such as the Ethereum Network. Toncoin was launched in 2018 originally as a Telegram Open Network. It had its early utilities associated with the Telegram social network platform. After early issues with an SEC claim against TON that ultimately favored the SEC, TON rebranded in 2020. A group of new software developers who named themselves NewTON changed aspects of the coin and ecosystem, including the name. As rebranding commenced, Telegram Open Network was changed to 'The Open Network'. Toncoin is the network currency for the TON network and is used in staking within the Proof-of-Stake (PoS) consensus mechanism, which protects the TON blockchain. #TON $TON
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BinaryX is the decentralized project behind Play-to-Earn (P2E) web 3.0-based games like CyberDragon, CyberChess, Ai Hero, on the BNB chain. BinaryX started as a decentralized derivative trading protocol and altered the project's direction to accommodate the GameFi boom. The project was launched in 2019 by a group of entrepreneurs, tech professionals, and marketing experts, according to information published by BinaryX. The platform offers various services such as infrastructural support, a DAO governance framework, and community development to enhance promising GameFi projects, aiming to drive innovation within the blockchain gaming industry. BinaryX ($BNX) serves as the main cryptocurrency for the BinaryX ecosystem, encompassing the DAO along with all associated products and games that utilize $BNX. In the CyberDragon game, the cryptocurrency powers the gaming environment and is used in other peer-to-peer functions. #BNX $BNX
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C.R.E.A.M. Finance is a decentralized DeFi lending platform, enabling financial services to a broad range of entities—from individuals to institutions. As an integral part of the yearn.finance family, it aims to differentiate itself with its open-source, permissionless nature and compatibility with multiple blockchains, including Ethereum, BNB Chain, Polygon, and Fantom. Users holding assets like Ether or wBTC and seeking avenues to optimize them, can position these assets onto C.R.E.A.M. to earn yields. Emerging from its origins as a fork of Compound Finance, C.R.E.A.M Finance's vision revolves around fostering an inclusive network development. It plans to achieve this by providing yield farming incentives to its user base. The intriguing acronym, C.R.E.A.M., encapsulates the ethos of "Crypto Runs Everything Around Me." Its inception on the Ethereum network was a rather spontaneous event, materializing on August 3, 2020, through the YOLO liquidity pool. A month later, in September 2020, the protocol marked its footprint on the BNB Chain. At the core of its functionalities, the CREAM token has multifaceted uses. It is designed to empower users to lend, borrow, and stake assets. Furthermore, it's instrumental in the governance of the network, granting users the autonomy to vote on potential assets for listing or removal. #CREAM $CREAM
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Phoenix is designed to be a robust blockchain infrastructure platform for decentralized AI, computation scaling, and AI-driven Web3 applications. The project transforms decentralized AI technology into value for users through the Phoenix Trifecta, which consists of AI Alpha, AI Insights, and AI Productivity. - AI Alpha: Unleashing the power of AI for alpha generation, or creating profit for users, as in the case of AlphaNet. - AI Insights: Make predictive AI insights accessible, scalable, and easy to utilize, as with SkyNet’s AI scaling platform. - AI Productivity: Leverage AI large language model to change the way you work, research, and learn, which PhoenixLLM aims to accomplish. #PHB $PHB
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