iExec Launches $1M Fund for AI, DePIN Web3 Projects

iExec, a platform dedicated to serving as the trust layer for decentralized physical infrastructure networks (DePIN) and artificial intelligence (AI), has announced the launch of a 1 million $RLC ecosystem fund. This fund is designed to support Web3 projects across various emerging sectors, with a particular focus on AI, data privacy, and DePIN.

The fund will provide both dilutive and non-dilutive capital to teams developing innovative decentralized solutions. This initiative is in line with iExec’s broader mission to advance blockchain development by providing builders with privacy-preserving tools and infrastructure for secure, decentralized computing. The fund will prioritize projects that leverage confidential computing and emphasize user privacy, which are core tenets of iExec’s platform.

The launch of this fund follows iExec’s recent strategic buyback of its native $RLC token, demonstrating the platform’s commitment to long-term ecosystem growth. In addition to DePIN, AI, and decentralized finance (DeFi), iExec is also seeking developers working on solutions involving real-world assets (RWAs), SoFi, and privacy-preserving infrastructure.

Selected projects will not only receive financial support but also gain access to iExec’s development tools, software development kits (SDKs), and technical mentorship. This comprehensive support is aimed at accelerating product development and market readiness.

Nathan Chiron, Chief Revenue Officer at iExec, expressed his confidence in the fund’s potential impact. He stated, “We invest in conviction, not consensus, and with the launch of the RLC Ecosystem Fund, we’re confident we can add real value by backing the builders defining the future of AI and DePIN, one that puts privacy first. More than just an investment, the fund is a catalyst for meaningful impact and real-world adoption.”

Beyond financial support, iExec will offer grantees access to strategic partnerships, technical resources, and the recently formed AI Unbundled Alliance. This industry initiative is aimed at supporting the development of decentralized AI infrastructure. The fund is positioned as a launchpad for high-impact Web3 projects, with a focus on privacy-centric innovation, and is open to applications from teams working to drive adoption across the decentralized ecosystem.