$RLC
Gilles Fedak and Haiwu He founded the iExec RLC coin in France in October 2016. Fedak is the CEO of iExec, while He is the head of the Asian-Pacific region.
iExec RLC is a cryptocurrency that runs on the Ethereum blockchain. It's used as the primary medium of exchange on the iExec platform. RLC stands for "Run on Lots of Computers".
The iExec platform offers cloud computing services, similar to Amazon Web Services.
RLC is used to reward users who allow their computational resources to be used. RLC is an ERC-20 token, which means it can be used to pay for access to the platform's resources.
The price of iExec RLC (RLC) is $1.28 today with a 24-hour trading volume of $6,537,918. This represents a 7.97% price increase in the last 24 hours and a -24.10% price decline in the past 7 days. With a circulating supply of 72 Million RLC, iExec RLC is valued at a market cap of $92,668,685.
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