Rivalz Network has launched the Intel Incentivized Testnet.
Rivals NetworkBacked by leading investors such as Delphi Ventures, Zee Prime, Stakewithus, Cogitent Ventures, D1, M6, 4RC, and GSR, is laying the foundation for the AI web3 environment through its DePIN-based AI Intel Layer.
Rivalz is pleased to announce the launch of Intel Incentivized. testnet event It starts on Friday, May 24th.
During this event, users can actively participate in the launch of Rivalz’s decentralized node infrastructure, earn points for various activities, and receive rewards based on their overall participation in the Rivalz testnet.
Rivalz testnet points and airdrop
During the “Rivalz Intel Testnet” event, users can earn testnet points. This will directly determine the Rivalz $RIZ airdrop scheduled to occur in Q3 2024. If you rank high on the leaderboard, you will receive additional rewards.
Users can earn testnet points by running Light rClients by participating in Fragmentz’s daily mints, which provide core data storage and data processing facilities to the network and are essential for completing social challenges and receiving discounts on the node sale whitelist.
What Rivalz Network CEO Igor says
“The launch of Intel’s testnet is the first step on our journey toward launching AI DePIN. Our AI Intel layer will be the connectivity core for the future of web3 x AI.”
Rivalz – Building the first AI Intel layer
The AI Intel layer serves as a core part of the infrastructure for web3 modular AI applications. Rivalz works with Celestia DA as Dymension EVM-RollApp and includes DePIN configured with Light rClient and Validator zNodes.
Rivalz DePIN is a decentralized P2P node network that uses advanced cryptographic algorithms for secure data processing and blind computation for external data access. It focuses on using FHE to ensure compliant and verified data storage and private access to that data, as well as providing verified and untrusted data streams for AI.
– rClient (already available on testnet) Users can provide data space and limited computing on their own devices. rClients can be run by anyone.
– Validator zNodes It is used as a payment solution for data inflow and outflow from the DePIN layer. Validator zNodes are sold through zNode key license sales.
$RIZ will be the native token of Rivalz. It pays transaction fees, coordinates worker and validator nodes, and ensures network security. It rewards users for providing valuable data, powers AI applications, and allows holders to participate in governance decisions and influence network development.
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Disclaimer: The information provided in this press release is not an investment recommendation and is not intended as investment advice, financial advice or trading advice. We strongly recommend that you practice due diligence, including consulting with a professional financial advisor, before investing in or trading cryptocurrencies and securities.
