Rivalz Network is a decentralized platform that integrates artificial intelligence (AI) with blockchain technology to create a modular ecosystem for AI applications. Built on Dymension and utilizing Celestia's Data Availability layer, Rivalz offers a Decentralized Physical Infrastructure Network (DePIN) that ensures secure, trustless, and private data handling for AI systems. The network comprises Light rClients, which provide data storage and processing capabilities, and Validator zNodes that manage data settlement within the DePIN layer.
The native token, $RIZ, facilitates transaction fees, coordinates node operations, and enables governance participation within the ecosystem. In May 2024, Rivalz launched its Intel Incentivized Testnet Event, allowing users to engage with the decentralized infrastructure, earn Testnet Points, and receive rewards based on their activity. These points influence the allocation of $RIZ tokens during an airdrop scheduled for Q3 2024.
Rivalz has secured $9 million in funding from investors such as Delphi Ventures, Zee Prime, and Cogitent Ventures to advance its AI Intel Layer. The platform also offers Vord, an AI workflow builder designed for Web3 applications, enabling developers to create secure, AI-driven solutions within a decentralized framework.
