iExec and VC drive innovation in Web3 and AI

(PRESS RELEASE – Lyon, France, January 2, 2025)

iExeca platform to build, own and monetize digital assets on Web3, announces strategic collaborations with leading foundations and venture capital firms, including CV Labs. As a leader in Decentralized Confidential Computing (DeCC) and a key innovator in the DePIN (Device Networking) space Decentralized Physical Infrastructure), iExec provides the tools to create applications that prioritize privacy and allow users to maintain full control over their data and assets.

Collaborating with foundations to empower builders

In addition to its own iExec grant program, which offers customized support for building platforms using its developer tools, iExec actively collaborates with leading foundations to foster innovation in privacy-preserving technologies.

This commitment was exemplified by the Grants Pitch Day during Devcon 2024, an event organized by iExec in partnership with Avalanche Foundation, Polkadot and Taiko. With up to $500,000 in funding on the table, the event attracted more than 260 applications, narrowing it down to 16 finalists who presented live. Each foundation selected its top three projects to receive fast-track grants, highlighting the spirit of collaboration that drives the Web3 ecosystem.

A featured project selected during the event was bridge23a platform that allows you to train ai agents while earning rewards for data usage. This is possible with the iExec DataProtector development tool, which encrypts and protects data to train ai agents, ensuring user privacy is protected and enabling secure monetization. This shows how iExec is driving innovation in confidential ai, making data privacy and ownership critical to ai advancements.

Strengthening the iExec ecosystem in partnership with CV Labs

This collaborative approach ties directly into iExec's strategic partnership with CV Laboratories and CV CVthe ecosystem building arm of Switzerland's blockchain venture capital hub, crypto Valley. CV Labs plays a critical role in driving the global blockchain ecosystem, driving innovation and positioning blockchain as a transformative force in technology.

Through this partnership, projects participating in CV Labs incubation programs gain exposure to the iExec developer ecosystem. This enables innovation in confidential ai and other verticals such as DeFi, RWA and data management, through DePIN and Decentralized Confidential Computing technologies. This collaboration helps builders discover iExec technology and drive the iExec ecosystem.

Besides, CV CV can connect iExec-based projects with potential investors, helping builders obtain seed funding to scale their solutions.

Through CV Pad, iExec ecosystem projects can also TGE or conduct public fundraising, accelerating growth and adoption.

As a central driver of blockchain innovation in the fourth industrial revolution, CV Labs complements iExec's mission to provide developers with the tools and support necessary to thrive. Together, this partnership unites cutting-edge technology with funding and mentorship, creating an ecosystem where privacy-first Web3 applications and decentralized ai can flourish.

“Strategic collaborations with CV Labs and other Web3 foundations illustrate how iExec can accelerate innovation in confidential computing solutions, setting a new standard and driving the ai ​​and Web3 industries to adopt privacy-first principles.” -Nathan Chiron, Head of Revenue and Ecosystems at iExec.

By pairing its grant program with initiatives like the CV VC partnership, iExec solidifies its role as a key enabler of privacy-first Web3 applications, enabling developers to create, own and monetize digital assets with confidence.

About iExec

iExec is a Web3 platform for developers to create decentralized applications that allow users to control ownership, privacy, and monetization of their data. Building with iExec means offering users applications where privacy comes first. Users control what data they share and how they use their digital assets, with the ability to securely monetize them through iExec's native RLC token.

iExec development tools offer seamless integration of features such as encrypted data management with DataProtector, privacy-preserving communication with Web3Mail, and real-world data integration using Oracle Factory. The iExec protocol leverages Trusted Execution Environments (TEE) to encrypt and protect data in use, ensuring that sensitive information is processed securely. Blockchain acts as a governance layer, verifying the integrity of data and its processing. This powerful combination ensures that no unauthorized party can access or alter data at runtime, offering a robust solution for privacy-focused applications. With iExec, developers can create dApps that offer strong security, user-centric monetization, and true digital ownership through nfts.

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