Rivalz Network has announced the launch of its Intel Incentivized Testnet, a crucial step towards creating a decentralized peer-to-peer network for modular AI applications. Built on Dymension and powered by Celestia's DA layer, Rivalz aims to transform the AI web3 landscape with its DePIN-based AI Intel Layer. This innovative network is backed by leading investors such as Delphi Ventures, Zee Prime, and GSR, among others.

The Intel Incentivized Testnet Event, which began on May 24th, allows users to actively participate in the rollout of Rivalz's decentralized node infrastructure. By engaging with the testnet, users can earn points in various activities and receive rewards based on their overall engagement. The testnet points will directly determine the Rivalz $RIZ airdrop, scheduled for Q3 2024, with high positions on the leaderboard receiving additional rewards.

Users can earn testnet points by running Light rClients, which provide core data storage and processing facilities to the network. Completing social challenges and participating in daily mints of Fragmentz, essential for obtaining discounts on the node sale whitelist, also rewards users with testnet points. According to Igor, CEO of Rivalz Network, "The Initiating Intel Testnet is the first step we're taking in the journey towards rolling out our AI DePIN. Our AI Intel Layer stands to become the connectivity core for the future of web3 x AI."

Rivalz is building the first AI Intel Layer, a core part of the infrastructure for web3 modular AI applications. As a Dymension EVM-RollApp with Celestia DA, Rivalz includes a DePIN consisting of Light rClients and Validator zNodes. The Rivalz DePIN is a decentralized P2P node network that employs advanced encryption algorithms for secure data handling and blind computation for external data access. It ensures compliant and validated data storage and private access to data using FHE, as well as providing validated and trustless data streams for AI.

rClient, already available on Testnet, allows users to contribute data space and limited compute from their devices. Validator zNodes, used as a settlement solution for the inflows and outflows of data from the DePIN Layer, will be sold via the zNode Key Licence Sale. $RIZ, the native token of Rivalz, pays for transaction fees, coordinates worker and validator nodes, and ensures network security. It rewards users for providing valuable data, powers AI applications, and allows holders to participate in governance decisions, influencing the network's development. With its Intel Incentivized Testnet, Rivalz Network is paving the way for a decentralized AI ecosystem, where users can contribute and benefit from the network's growth. As the AI web3 landscape continues to evolve, Rivalz is poised to play a significant role in shaping its future.