The Rivalz Network, supported by investors like Delphi Ventures and Zee Prime, is introducing its Intel Layer AI technology to the web3 landscape. They have announced the launch of their Intel Incentivized Test event starting on May 24, where users can earn points to participate in the Rivalz decentralized node infrastructure and potentially earn rewards.
During the test event, users can earn Testnet points, which will determine the airdrop distribution of Rivalz $RIZ tokens in the third quarter of 2024. Users can earn these points by running Light rClients, completing social challenges, and participating in daily Fragmentz mints. These points will also influence leaderboard standings and potential additional rewards.
Rivalz is emphasizing the importance of their Intel AI layer, which forms a crucial part of the infrastructure for web3 modular AI applications. Their DePIN architecture utilizes Light rClients and Validator zNodes to ensure secure data handling and provide reliable data streams for AI applications. Rivalz aims to leverage this technology to become a key player in the AI landscape of the future.
The Rivalz token, $RIZ, will serve as the native currency within the network, used for transaction fees, coordinating worker and validator nodes, and rewarding users for providing valuable data. It will also have governance features, allowing holders to participate in decision-making processes that impact the network’s development.
The Rivalz Network’s Intel AI layer is a promising development in the web3 space, offering innovative solutions for decentralized AI applications. With a focus on data security and reliable data streams, Rivalz aims to become a leader in the intersection of AI and blockchain technologies.
For more information, interested individuals can visit the Rivalz Network’s official website, follow them on Twitter, join their Discord server, check out their Telegram channel, or read their blog. Contact information for media inquiries is also provided. It is important to note that the information presented in this press release is not intended as investment advice, and individuals are advised to conduct their own research and consult with financial professionals before investing in cryptocurrencies or securities.
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https://www.globenewswire.com/news-release/2024/05/25/2888211/0/en/Rivalz-Network-launches-it-s-Intel-Incentivized-Testnet.html