Announcing the Rivalz Incentivized Testnet
Rivalz, a DePIN dual-chain infrastructure built on Dymension and Artbitrum, is introducing an AI Intel Layer to solve the AI bottleneck of today — AI-ready, provenant, verified, and private data.
Rivalz is inviting early adopters and node operators to battle-test and scale both the network and DePIN infrastructure by completing activities and running rClients (storage nodes). Rivalz is offering up to 1.5% of its total token supply (75,000,000 RIZ tokens) to eligible participants.
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Timeline
The incentivized testnet will run until the Token Generation Event (TGE) and Mainnet launch, which are expected in Q4 2024. During that time there will be 5 distinctive epochs. Each time a new epoch begins, points will reset and Rivalz will be taking a snapshot of the points from the previous epoch. The points users earned in all epochs will determine their Airdrop allocation.
Epoch 1: 24th May - 10th July, 2024
Epoch 2: 11th July - August, 2024
Epoch 3: August, 2024
Epoch 4: September, 2024
Epoch 5: TBA in Q4
The timeline is subject to change at the sole discretion of Rivalz.
Rewards
A total reward pool of up to 75,000,000 $RIZ tokens, representing 1.5% of the total supply, has been allocated for Rivalz Incentivized Testnet participants across all the epochs.
About Rivalz
Rivalz aims to solve the AI-bottle neck of today - AI-ready, provenant, verified, and private data. Rivalz solution provides a hybrid and novel approach to decentralized storage and connectivity networks to unlock the next stage of AI – the agentic future.
Through a multifaceted approach, Rivalz is laying the groundwork for a new paradigm in AI development. By providing the essential infrastructure for high-quality, secure, and accessible Intel, Rivalz is paving the way for the next generation of autonomous systems unlocking new value creation.
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