Rivalz Network launches it’s Intel Incentivized Testnet

Rivalz
Network,
backed
by
leading
investors
such
as
Delphi
Ventures,
Zee
Prime,
Stakewithus,
Cogitent
Ventures,
D1,
M6,
4RC,
and
GSR
–
is
laying
the
foundations
for
the
AI
web3
landscape
with
their
DePIN-based
AI
Intel
Layer.

Rivalz
is
excited
to
announce
the
launch
of
its
Intel
Incentivized Testnet
Event which
begins
on
Friday,
24th
of
May. 

Throughout
this
event,
users
will
be
able
to
actively
participate
in
the
rollout
of
Rivalz’s
decentralized
node
infrastructure,
earn
points
in
various
activities
and
get
rewarded
based
on
their
overall
engagement
with
the
Rivalz
Testnet. 

Rivalz
Testnet
Points
and
Airdrop

During
the
“Rivalz
Intel
Testnet”
event
users
can
earn
Testnet
Points.
These
will
directly
dictate
the
Rivalz
$RIZ
airdrop
–
set
to
happen
in
Q3
2024.
High
positions
on
the
leaderboard
will
be
rewarded
additionally.
 

Users
can
obtain
Testnet
points
by
running
Light
rClients
–
which
provides
the
network
with
core
data
storage
&
data
processing
facilities,
completing
social
challenges
&
by
participating
in
daily
mints
of
Fragmentz
–
which
are
essential
to
obtain
discounts
on
the
node
sale
whitelist. 

Quote
from
Igor,
CEO
of
Rivalz
Network

“The
Initiating
Intel
Testnet
is
the
first
step
we’re
taking
in
the
journey
towards
rolling
out
our
AI
DePIN.
Our
AI
Intel
Layer
stands
to
become
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
operates
as
a
Dymension
EVM-RollApp
with
Celestia
DA
and
includes
a
DePIN,
consisting
of
Light
rClients
and
Validator
zNodes.

The
Rivalz
DePIN
is
a
decentralized
P2P
node
network
that
employs
advanced
encryption
algorithms
for
secure
data
handling
and
blind
computation
for
external
data
access.
It
focuses
on
ensuring
compliant
and
validated
data
storage
and
private
access
to
such
data
using
FHE,
as
well
as
providing
validated
and
trustless
data
streams
for
AI. 

–

rClient
[Already
available
on
Testnet]
allows
users
to
contribute
data
space
and
limited
compute
from
their
devices.
rClients
are
available
for
anyone
to
run.

–

Validator
zNodes
are
used
as
a
settlement
solution
for
the
inflows
and
outflows
of
Data
from
the
DePIN
Layer.
Validator
zNodes
will
be
sold
via
the
zNode
Key
Licence
Sale.

$RIZ
will
be
the
native
token
of
Rivalz.
It
pays
for
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,
influencing
the
network’s
development.

Official
Links:-

Website

Twitter

Discord

Telegram

Blog

Venky 

Bali,
Indonesia 

[email protected]

Disclaimer:
The
information
provided
in
this
press
release
is
not
a
solicitation
for
investment,
nor
is
it
intended
as
investment
advice,
financial
advice,
or
trading
advice.
It
is
strongly
recommended
you
practice
due
diligence,
including
consultation
with
a
professional
financial
advisor,
before
investing
in
or
trading
cryptocurrency
and
securities.