$RIZ
$RIZ is the native cryptocurrency powering the Rivalz Ecosystem, serving as the backbone for a wide array of functionalities and incentives within the platform. Its utility spans multiple facets, ensuring seamless operations, incentivizing participation, and enabling governance within the ecosystem. Below is a comprehensive overview of the various utilities of the $RIZ token:
$RIZ: The Utility Token of the Rivalz Ecosystem
$RIZ is the native token powering the Rivalz Ecosystem, with utility spanning multiple facets:
1. Transaction Facilitation
Gas Fees: $RIZ may be used for Interactions on the Rivalz Dymension RollApp, including asset transfers and smart contract executions, require AI Application Transactions: $RIZ facilitates transactions within AI applications built on Rivalz.
2. Node Infrastructure. One of Rivalz 5 modules, OCY DePIN is supported by two types of nodes:
rClients: Community-run nodes (over 1m registered) providing storage and computational resources.
Validator zNodes: Purchasable nodes serving as the backbone of OCY DePIN, managing critical intel functions and enhancing decentralization, integrity, and privacy.
Node Ecosystem Dynamics:
Upgrades: rClients can stake $RIZ to upgrade, increasing their emission rewards (PoS system). This introduces a slashing mechanism for underperforming rClients. zNodes earn rewards for tracking the stability of rClients.
Rewards: Both rClients and zNodes earn $RIZ emission rewards for maintaining the DePIN infrastructure.
Over time more types of community run nodes will be introduced, covering mobile and web users.
3. Storage Data Ecosystem and Intel Market
Storage Payments: AI Applications pay $RIZ for secure storage on the Rivalz network. Including AI RAG systems and classic vector storage demand.
Market Transactions: All Intel market activities (buying, selling, trading) use $RIZ.
4. Vord - AI Application Module
AI Applications will be able to use $RIZ to upgrade their accounts and access OCY DePIN and ADCS services.
5. Agentic Data Coordination Service (ADCS)
ADCS is the connectivity module and the next evolution in data infrastructure tailored specifically for AI Agents. Designed to be the perfect off-chain provider of data for AI Agents and an Oracle system for on-chain Data and Intelligence provision for on-chain AI Agents and AI-driven Dapps.
Data and Intelligence is paid for with $RIZ. Providers and Adapter creators are paid in $RIZ and use $RIZ to increase their reputation. zNode owners are rewarded for validating network state.
Using ADCS Oracles requires $RIZ.
6. ROME
Rome is our resource orchestration and tokenization protocol. ROME plays a crucial role in abstracting the world for AI agents, general AI and DePIN use-cases by providing a decentralized platform where resources can be tokenized, staked, and utilized, operated at scale.
Rome uses $RIZ for its payments, reputation system, restaking rewards and trading fees.
7. Governance $RIZ empowers token holders to participate in decentralized governance, including proposing and voting on ecosystem upgrades and protocol changes.
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