French distributed cloud computing network iEx.ec has closed its ICO
in just three hours, having raised its target of $12 mln.
iEx, which is aiming to build the worlds first cloud network leveraging combined user capacity, received around 10,000 Bitcoins from over 1200 investors.
Its token, RLC, will be the sole method of payment for cloud services upon launch.
Expanding on the roadmap afforded by the success of the crowd sale, CEO Gilles Fedak said in a press release:
...We can now organize decentralized infrastructures and marketplaces, where everyone will be able to rent its computing resources, where the innovative SMEs which design Big Data and HPC applications will be able to sell them online immediately with the needed resources to run them, and where highly valued data sets will be rentable with a fine-grain business model.
As i only see through this project but never read about it, never thought it could be so big