Rivalz Public Node Sale Upgrade: The best just got better
TL;DR
- Public zNode Sale launches on November 21st.
- Increased token allocation for all zNode holders.
- Lowered FDV and simplified tier structure for all tiers.
- Better incentives for long-term zNode holders.
- Enhancements to zNode & $RIZ utility.
Over the last few weeks, we’ve worked closely with our backers, community, and advisors to improve our node sale structure. Our new vision will benefit our long-term community members and provide a fairer offering to all buyers.
The gates will soon open on the long-awaited Rivalz public node sale on Thursday, November 21st at 1 pm UTC. And we're excited to announce a series of significant improvements and perks for Node Sale participants - a Fair Launch Upgrade.
Simplified Tier Structure: Fair Access above all
- 20% TGE Unlock: Receive an extra 20% of reserved tokens fully unlocked at TGE
- Increased Token Allocation: Total token supply available for zNodes is now 25% + 5% airdrop (previously 2%).
- More Tokens per Node: Each zNode now includes 42,857 $RIZ tokens* (up from 33,782 $RIZ).
- Lower FDV: The Fully Diluted Valuation has been reduced to $64.1 million (from $137.6 million).
- Reduced Public Price: Nodes are priced at $550 per Tier 3 node, making participation more accessible.
- Total zNodes Available: Now offering 35,000 nodes (previously 37,000).
- Simplified Tiers: Tiers 4 & 5 have been removed to streamline the process.
Enhanced Rewards Structure
Prior to the Token Generation Event (TGE), users will have the ability to choose whether to HOLD their zNode for long-term benefits or BURN it for immediate tokens. Below is a breakdown of the two options:
Option 1: HOLD the zNode
Users who choose to hold their zNode for long-term benefits will enjoy:
- Total claimable tokens: 42,857 $RIZ
- Receive an extra 20% of reserved tokens fully unlocked at TGE as an Airdrop.
- The remaining allocation (35,714 $RIZ) is subject to a 2-year emission schedule.
- An additional 25% of tokens, slashed from Burned zNodes (not accounted for in the total claimable $RIZ amount).
- Access to rewards and benefits from Rivalz Alliance projects.
- Governance Participation
- Active Validation Benefits:
- Rewards for participating in operations and enhancing security.
- Additional incentives from involvement with core modules like ADCS, Rome, Vord, and Nostrings.
Note: zNodes will become transferable 6 months after TGE.
Option 2: BURN the zNode
Users who opt to burn their zNode before TGE will receive:
- Obtain 50% of reserved tokens at TGE.
Important Note: Choosing the Burn Option disqualifies users from receiving the additional allocation reserved for the Hold Option (including the airdrop), any future emissions, and other benefits.
Why run a zNode?
Enhancements to zNode utility mean that by operating one, participants contribute significantly to the Rivalz network:
- Data Integrity: Ensure that data stored by rClients is valid, unaltered, and secure.
- Network Security: Protect the network from malicious or faulty data.
- Decentralization: Maintain the decentralized integrity of the Rivalz DePIN network.
- Intermediary Services: Facilitate smooth data flow between client applications and the rClient network.
- Reliability: Enhance the system's reliability by verifying every data interaction.
- Network Resilience: Ensure the network remains secure and resilient.
- Node Operations: Support the infrastructure by running licensed validator nodes.
$RIZ: Powering the Agentic Economy
Now $RIZ plays an even bigger role within the Rivalz Ecosystem being the powerhouse of the infrastructure's core modules. Here is a quick overview of the updated token utility:
- Rivalz Chain Transactions: $RIZ is used for gas fees and enables transactions on Rivalz’s Dymension RollApp, covering asset transfers, smart contract interactions, and facilitating transactions within AI applications.
- Node Infrastructure (OCY DePIN): Both rClients and zNodes earn $RIZ rewards, with staking upgrades available and slashing for underperforming rClients, while zNodes monitor rClient stability.
- Storage & Intel Market: $RIZ powers secure data storage for AI applications and is used for all transactions in Rivalz’s data marketplace.
- Vord - AI Application Module: $RIZ allows AI applications to upgrade accounts and access services like OCY DePIN and ADCS.
- Agentic Data Coordination Service (ADCS): $RIZ is used to connect AI agents with off-chain data and serves as an oracle for on-chain intelligence, compensating providers, adapters, and zNode validators.
- Rome Protocol: $RIZ is utilized for tokenizing, staking, and managing resources for AI agents in the Rome protocol, handling payments, reputation systems, and fees.
- Governance: $RIZ empowers holders to propose and vote on ecosystem upgrades and protocol changes, enabling decentralized governance.
*Hold Option amount. Includes Reserved amount and Airdrop.
