👀 Ault Capital Group unveils Ault #Blockchain public testnet

⚡️ Ault Capital Group today announced the public testnet #launch of Ault Blockchain, a Layer 1 #network designed for trading, settlement, and institutional-grade onchain infrastructure. This #launch marks the first public #release of the #protocol and opens access to developers, infrastructure operators, and early #network participants. ⛔️ Ault #Blockchain is built as a Cosmos-based Layer 1 with full #Ethereum #Virtual Machine compatibility, enabling Ethereum-native #smart contracts and tooling to run without modification. The #network is governed by Ault DAO, which oversees #protocol rules, economic parameters, and long-term upgrades through onchain governance. 🔔 The public testnet provides a live environment for evaluating core #network functionality, validator performance, and infrastructure design. This early access seeks community engagement and feedback by contributors who add value to the network’s #development and stability. 🔗 In contrast to typical #launch models, Ault #Blockchain will not conduct a public token sale. Instead, the native AULT token will be distributed exclusively through a protocol-controlled emissions schedule tied to measurable #network participation, including consensus security and licensed infrastructure operations rather than speculative activity. #CryptoScam
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