What Happened When Ault Blockchain Ditched Token Sales? You Won’t Believe It!

by

Ault Capital Group has just rolled out the public testnet of Ault Blockchain, a layer one (L1) network that’s like the Swiss Army knife of trading, settlement, and high-class on-chain infrastructure. Seriously, it’s fancy.

Ault Capital Group Takes the Plunge with Public Testnet for Institutional-Focused Ault Blockchain

The good folks at Ault Capital Group, located in the glittering oasis of Las Vegas, have announced to Bitcoin.com News that this release is the first public version of their shiny L1 protocol. It’s open for developers, infrastructure operators, and the brave early network participants. Bring your sunglasses!

Now, this testnet is not just a pretty interface; it’s a live environment where you can evaluate validator performance, core network functionality, and infrastructure design-basically, it’s a reality show for blockchain tech before the mainnet launch. Ault Blockchain is built on the Cosmos software development kit, offering full Ethereum Virtual Machine (EVM) compatibility. That means Ethereum-native smart contracts and tools can operate without needing a makeover. And governance? Oh, that’s handled on-chain through Ault DAO, managing everything from protocol rules to long-term upgrades-like the ultimate control freak.

Here’s the kicker: they’ve decided to pass on the whole public token sale trend. Instead, the native AULT token will be distributed via a protocol-controlled emissions schedule tied to actual network participation. So no wild speculation here-just good old-fashioned measurable work. Milton “Todd” Ault III, the founder and executive chairman, claimed, “Ault Blockchain was built the opposite way most networks are built. We started with real financial use cases and then designed the blockchain to support them.” Sounds like the perfect plot twist, right?

Infrastructure and development support for this launch includes heavy hitters like B-Harvest as the primary protocol engineering partner, Xangle for official explorers and hubs, Quicknode for remote procedure call infrastructure, and Protofire for Safe-related tooling across EVM environments. Talk about a power team!

But wait, there’s more! The network introduces a licensed participation framework for infrastructure operators, including Licensed Mining Nodes that get to perform off-chain services, like cryptographic randomness. Yes, that’s a thing. Meanwhile, proof-of-stake validators and delegators secure consensus and earn transaction fees under DAO-governed economics. It’s like a blockchain buffet where everyone gets a plate!

After this testnet phase, Ault plans to onboard more validators and run ecosystem tests before the grand mainnet launch. At inception, the chain is expected to feature core protocol modules, EVM compatibility, an initial validator set, and on-chain governance. So, mark your calendars, folks-it’s going to be a show!

FAQ

  • What is Ault Blockchain?

    Ault Blockchain is a Cosmos-based Layer 1 network designed for trading, settlement, and institutional on-chain infrastructure. Basically, it’s like the VIP section of the blockchain world.

  • What does the public testnet provide?

    The testnet offers a live environment to evaluate network functionality, validator performance, and infrastructure design before the mainnet launch. It’s like a rehearsal dinner before the big wedding.

  • Will there be a public token sale?

    Nope, the AULT token will be distributed through a protocol-controlled emissions schedule tied to network participation. So, don’t hold your breath for a public sale.

  • Who governs the network?

    Ault DAO manages protocol parameters, validator participation, and upgrades through on-chain governance. Think of it as the board of directors, but way cooler.

Read More

2026-02-11 18:58