Rivalz Network introduces its Intel Incentivized Testnet Is this what you were looking for?

Rivalz Network introduces its Intel Incentivized Testnet

Is this what you were looking for?

Rivalz, a decentralized peer-to-peer network for modular AI applications, is being built on Dymension and powered by Celestia’s DA layer. Backed by prominent investors like Delphi Ventures, Zee Prime, Stakewithus, Cogitent Ventures, D1, M6, 4RC, and GSR, Rivalz is at the forefront of shaping the web3 AI landscape with its DePIN-based Intel Layer AI.

The launch of Rivalz’s Intel Incentivized Test event on May 24 marks an important milestone for the platform. Users can actively participate in the event by engaging in various activities on the Rivalz decentralized platform, earning points, and ultimately being rewarded based on their overall engagement with the Rivalz Testnet.

During the “Rivalz Intel Testnet” event, users have the opportunity to earn Testnet points, which will determine the airdrop of Rivalz $RIZ scheduled for the third quarter of 2024. Participating in activities such as running Light rClients, completing social challenges, and engaging in daily Fragmentz mints can earn users Testnet Points and increase their chances of receiving rewards.

Igor, the CEO of Rivalz Network, emphasized the significance of the Intel Testnet Initiation as the first step towards implementing the AI DePIN. The Intel AI layer will play a crucial role in the connectivity of the future web3 x AI landscape.

The Intel AI layer, which is a core part of Rivalz’s infrastructure for web3 modular AI applications, operates on Dymension EVM-RollApp with Celestia DA and includes a DePIN comprised of Light rClients and Validator zNodes. The DePIN network ensures secure data handling, blind computing for external data access, and validated and compliant data storage and access. Additionally, $RIZ serves as the native token for Rivalz, facilitating transactions, coordinating network nodes, rewarding users for valuable data, powering AI applications, and enabling governance participation.

Rivalz provides users with official links to its website, Twitter, Discord, Telegram, and blog for more information and updates on the platform.

It is important to note that the views expressed in the content do not necessarily reflect those of BeInCrypto, and readers are advised to conduct their own research before making any investment decisions based on the information provided. The article also includes a disclaimer highlighting BeInCrypto’s commitment to transparent and unbiased reporting, urging readers to verify information independently and consult with professionals before making decisions based on the press release.

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