The Rivalz network has launched its Intel Incentivized Testnet event, allowing participants to earn points and rewards. This initiative is supported by prominent investors like Delphi Ventures, Zee Prime, and Stakewithus, among others, as Rivalz paves the way for the web3 AI landscape with its DePIN-based Intel Layer AI technology.
The Intel Incentivized Test event kicks off on Friday, May 24, enabling users to actively engage in the launch of Rivalz’s decentralized node infrastructure, earn points through various activities, and receive rewards based on their overall participation in the Rivalz Testnet. Users can accumulate Testnet points by running Light rClients, completing social challenges, and taking part in daily Fragmentz mints, all of which contribute to earning Rivalz $RIZ tokens set to be airdropped in the third quarter of 2024.
This event marks the first step towards implementing Rivalz’s AI DePIN, with CEO Igor K emphasizing the significance of the Intel AI layer as the connectivity core for the future of web3 and AI applications. The Intel AI layer forms an integral part of Rivalz’s infrastructure, facilitating web3 modular AI applications with its Dymension EVM-RollApp and Celestia DA technologies, as well as its DePIN comprised of Light rClients and Validator zNodes.
The Rivalz network’s DePIN functions as a decentralized P2P node network employing advanced encryption algorithms and blind computing for secure data handling and external data access. It emphasizes validated and compliant data storage, private data access using FHE, and trusted data streams for AI applications. RIZ serves as the native token of Rivalz, facilitating transaction fees, network security, and rewarding users for contributing valuable data while also enabling participation in governance decisions.
Rivalz aims to establish a decentralized peer-to-peer network for modular AI applications, with a focus on programmatic trust and privacy. For more information, interested individuals can visit Rivalz’s official website or follow the project on Telegram, x, and Discord. It is important to note that this content is provided by a third party, and users should conduct their own research before engaging with the company or its products.
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