- Prominent Investors: Magnus Capital, Cogitent Ventures, Gate.io, D1 Ventures, and Delphi Ventures.
With the goal of creating the first AI Intel Layer, Rivalz Network has secured $9 million in recent fundraising rounds. Rivalz is at a turning point in the development of AI data and decentralized infrastructure with this funding.
Zee Prime, Caballeros, Formless Capital, Dweb3, Mask.io, BitsCrunch, SL2, Momentum6, 4RC, Stakewithus, Autonomy Capital, Optic, Emoote, BlockBuilders, OIG, The Rollup, IBC, DWF Labs, GSR, Rana, CFG Labs, Basics Capital, Blocktheory, Pragma, X21, Kyros, iAngels, and Wise3 Capital are among the many backers of Rivalz in addition to its prominent investors. Angel investors from 0g Labs, Clique, Metaking Studios (Blocklords), and Vader Research are among the other investors in Rivalz.
Enabling the Economy of Agents
A significant roadblock in the development of AI is being addressed by Rivalz: the requirement for private, validated, and AI-ready data. Rivalz’s DePIN dual-chain infrastructure, which is based on Dymension and Arbitrum, has the potential to completely transform the AI industry. Rivalz hopes to advance AI development and create an agentic future by providing a unique and hybrid approach to decentralized storage and networking networks.
Rivalz’s AI Intel Layer is made up of three main parts:
Providing for the precision, provenance, and unchangeability of AI data using the decentralized data provenance protocol.
Scalable, secure, FHE-enabled data storage that offers decentralized collaboration and storage with AI-grade latency, private computation, and pipelines for pre-processing.
Agentic Data Coordination Service (ADCS): A decentralized real-time data infrastructure that fosters competition among AI agents and uses reputation and trust mechanisms to guarantee data quality and dependability.
In terms of AI development, Rivalz is setting the foundation for a new paradigm. By providing high-quality, safe, and easily accessible intelligence, this infrastructure opens the door for the development of autonomous systems in the future and ushers in a new phase of value creation in agentic economies.
Since the June 2024 debut of the Rivalz Testnet, the project has drawn over 165,000 participants, 50,000 active storage client runners, 10 million transactions, and a half-million-strong social audience. Right now, eight projects utilizing Rivalz infrastructure are being developed in various domains, such as AI automation, AI orchestration, and personalized AI in gaming. In addition, Rivalz has established strategic alliances with a number of the industry’s top players, including Dymension, Chainlink, Mon Protocol, Aethir, and Puffer Finance.
Rivalz intends to improve its ecosystem, grow its infrastructure capabilities, and quicken its development with the additional funding. In order to satisfy the rising demand for decentralized, superior AI data solutions, the funds will be deliberately utilized to expand the project’s product offerings, forge stronger alliances, and spur innovation.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
