Rivalz Network has recently launched its Testnet, incentivized by Intel, to create a decentralized peer-to-peer network for modular AI applications. The network is powered by Dymension and Celestia’s DA layer, with the goal of enhancing programmatic trust and privacy. Backed by prominent investors such as Delphi Ventures, Zee Prime, and others, Rivalz is laying the foundation for the web3 AI landscape with its DePIN-based Intel Layer AI.
The launch of the Intel Incentivized Test event by Rivalz marks a significant milestone in the project, starting on Friday, May 24. Participants in the event will actively contribute to the launch of the Rivalz decentralized node infrastructure, earn points through various activities, and receive rewards based on their overall engagement with the Rivalz Testnet.
During the event, users can earn Testnet points, which will determine the airdrop of Rivalz’s native token, $RIZ, scheduled for the third quarter of 2024. High-ranking participants in the leaderboard will receive additional rewards. Testnet points can be earned by running Light rClients, completing social challenges, and participating in daily Fragmentz mints, essential for earning node selling whitelist discounts.
Igor, the CEO of Rivalz Network, emphasized the importance of the Intel Testnet Initiation as a crucial step towards implementing the AI DePIN. The Intel AI layer will serve as the connectivity core for the future integration of web3 and AI technologies.
Rivalz’s DePIN infrastructure includes Light rClients and Validator zNodes, which form a decentralized P2P node network with a focus on secure data handling and blind computing for external data access. The network aims to ensure validated and compliant data storage, private data access using FHE, and trusted data streams for AI applications. The network’s native token, $RIZ, plays a vital role in coordinating worker and validator nodes, securing the network, and rewarding users for contributing valuable data.
In conclusion, Rivalz Network’s launch of its Testnet incentivized by Intel is a significant development in the advancement of decentralized AI applications. The integration of the Intel AI layer and the DePIN infrastructure demonstrates the network’s commitment to enhancing trust, privacy, and data security in the web3 landscape. Participants in the Test event have the opportunity to earn rewards and contribute to the growth of the Rivalz ecosystem.
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https://coincodex.com/article/43134/rivalz-network-launches-its-intel-incentivized-testnet/
