Rivalz is here to revolutionize the AI and web3 landscape by creating a decentralized peer-to-peer network for modular AI applications, powered by a sophisticated DePIN-based AI Intel Layer.
Built on Dymension and utilizing Celestia’s Data Availability (DA) layer, Rivalz’s infrastructure aims to provide secure, trustless, and private data handling for AI applications.
This initiative is supported by a strong network of leading investors, including Delphi Ventures, Zee Prime, Stakewithus, Cogitent Ventures, D1, M6, 4RC, and GSR, who are backing Rivalz as it lays the foundation for the future of decentralized AI.
To accelerate this vision, Rivalz has launched its Intel Incentivized Testnet Event, which began on May 24th, 2024.
Participants in this event can engage with Rivalz’s decentralized node infrastructure, earn Testnet Points, and receive rewards based on their activity levels.
These Testnet Points will directly influence the allocation of $RIZ tokens during an airdrop in Q3 this year. High-ranking participants on the leaderboard will receive additional rewards.
During the Testnet, users can earn points by running Light rClients, completing social challenges, and participating in daily mints of Fragmentz, essential for obtaining discounts on the upcoming node sale whitelist. The Light rClients contribute to the network by providing core data storage and processing capabilities. At the same time, Validator zNodes serve as settlement solutions within the DePIN Layer.
The Rivalz AI Intel Layer, operating as a Dymension EVM-RollApp with Celestia DA, features advanced encryption and secure data access through Fully Homomorphic Encryption (FHE), ensuring compliant and validated data streams for AI applications.
$RIZ, the native token of Rivalz, will be integral to the network, covering transaction fees, coordinating nodes, and enabling governance participation.
This campaign is being spearheaded by Scrypt, partnering with Rivalz to ensure that they gain the visibility and traction needed. Their expertise in the crypto and web3 industry supports Rivalz in reaching a wider audience in the AI and blockchain space.
For more information about the testnet, click the link here: https://app.galxe.com/quest/RivalzNetwork/GCKr1tdwsQ
Alternatively, learn more about Rivalz, and Scrypt.
https://rivalz.ai/
https://www.scryptuk.io/
