Rivalz Network, with support from prominent investors including Delphi Ventures, Zee Prime, Stakewithus, Cogitent Ventures, D1, M6, 4RC, and GSR, is revolutionizing the AI web3 landscape through its groundbreaking DePIN-based AI Intel Layer.
Exciting news from Rivalz as they announce the launch of their Intel Incentivized Testnet Event, set to begin on the 24th of May.
During this event, users will have the opportunity to actively engage in the deployment of Rivalz’s decentralized node infrastructure, earn points through various activities, and receive rewards based on their overall participation in the Rivalz Testnet.
The Rivalz Intel Testnet event will allow users to earn Testnet Points, which will directly determine their eligibility for the Rivalz $RIZ airdrop, scheduled for Q3 2024. Additionally, users who secure high positions on the leaderboard will receive extra rewards.
To earn Testnet points, users can run Light rClients, which provide the network with essential data storage and processing capabilities. They can also earn points by completing social challenges and participating in daily mints of Fragmentz, which are crucial for obtaining discounts on the node sale whitelist.
Igor, the CEO of Rivalz Network, shares his thoughts on the Initiating Intel Testnet, stating, “This is the first step towards implementing our AI DePIN. Our AI Intel Layer will be the central connectivity hub for the future of web3 x AI.”
Rivalz is dedicated to constructing the first AI Intel Layer, which serves as a fundamental component of the infrastructure for web3 modular AI applications. Rivalz operates as a Dymension EVM-RollApp with Celestia DA and boasts a DePIN that comprises Light rClients and Validator zNodes.
The Rivalz DePIN is a decentralized P2P node network that utilizes advanced encryption algorithms to ensure secure data handling and blind computation for external data access. It places a strong emphasis on compliant and validated data storage, as well as private access to such data using FHE. Additionally, it provides validated and trustless data streams for AI applications.
rClient, already available on Testnet, enables users to contribute their device’s data space and limited compute power. These rClients are accessible to anyone interested.
Validator zNodes serve as a settlement solution for the inflow and outflow of data from the DePIN Layer. The zNode Key Licence Sale will be the avenue through which Validator zNodes will be made available for purchase.
The native token of Rivalz will be $RIZ. This token will cover transaction fees, coordinate worker and validator nodes, ensure network security, reward users for providing valuable data, power AI applications, and allow holders to participate in governance decisions that influence the network’s development.
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