Rivalz Network Introduces Its Intel Incentivized Testnet | Bitcoinist.com

Rivalz Network Introduces Its Intel Incentivized Testnet | Bitcoinist.com

Rivalz, a new decentralized peer-to-peer network for modular AI applications, is being built on the Dymension platform and powered by Celestia’s DA layer. With investments from Delphi Ventures, Zee Prime, and other leading backers, Rivalz is introducing its Intel Incentivized Test event to kickstart the launch of its decentralized node infrastructure.

During the Rivalz Intel Testnet event, users can earn Testnet points which will determine the airdrop of Rivalz $RIZ tokens in the third quarter of 2024. Users can earn points by running Light rClients, completing social challenges, and taking part in daily Fragmentz mints.

Igor, the CEO of Rivalz Network, expressed the importance of the Intel AI layer, which will act as the core infrastructure for web3 modular AI applications. The goal is to create a secure and trusted decentralized node network that prioritizes data storage and access through advanced encryption algorithms and blind computing techniques.

The Rivalz DePIN system includes Light rClients for computing and data contribution, as well as zNodes Validators for settlement of data inputs and outputs. The native token of Rivalz, $RIZ, will play a critical role in the network’s operations, from transaction fees to governance decisions.

The Rivalz Test event aims to engage users in the launch of the network’s infrastructure while rewarding active participation with Testnet points and potential airdrops of $RIZ tokens. The ultimate goal is to establish a robust and secure platform for AI applications in the web3 landscape.

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