Ault Capital Group today announced the public testnet launch of Ault Blockchain, a Cosmos-based Layer-1 network designed for trading, settlement, and institutional-grade on-chain infrastructure. The testnet provides a live environment to evaluate core network functionality, validator performance, and infrastructure design, inviting developers and operators to participate. Ault Blockchain offers full Ethereum Virtual Machine compatibility, enabling unmodified Ethereum smart contracts to run on the platform.
The project is governed on-chain by Ault DAO, with a token emissions model linked to verifiable network participation rather than traditional fundraising. The native AULT token will be distributed exclusively through a protocol-controlled emissions schedule tied to measurable participation, including consensus security and licensed infrastructure operations. Milton “Todd” Ault III, founder and executive chairman of Ault Capital Group, emphasized that the network was designed around real financial use cases rather than speculative activity. The launch is supported by a cohort of infrastructure and development partners, including B-Harvest, Xangle, QuickNode, and Protofire.
Licensed Mining Nodes will perform defined off-chain services, while Proof-of-Stake validators and delegators secure network consensus under transparent, DAO-governed economics. Post-launch, the team plans to explore spot trading on decentralized exchanges, lending, perpetuals, and other advanced workloads as the network evolves. Ault Blockchain’s testnet launch followed a protocol security audit and precedes further validator onboarding and ecosystem testing. The mainnet launch will occur after additional testing milestones are met.
At genesis, the chain will launch with its core protocol modules, EVM compatibility, an initial validator set, and on-chain governance in place, marking a new era for institutional finance. Built on the Cosmos SDK with full Ethereum Virtual Machine compatibility, the network enables unmodified Ethereum smart contracts while providing fast finality and native cross-chain interoperability. Ault DAO is the decentralized governance body responsible for overseeing the Ault Blockchain protocol. The DAO was created by and is overseen by Ault DAO, LLC, a Wyoming DAO LLC. Through on-chain governance, the DAO manages protocol parameters, validator participation, and network upgrades, ensuring transparent and community-driven decision-making aligned with the network’s long-term objectives. Ault Capital Group is a diversified investment and holding company focused on technology-driven businesses, digital assets, and financial infrastructure. Through its operating companies and strategic investments, Ault Capital Group supports platforms across blockchain, data infrastructure, and emerging technologies. The firm emphasizes disciplined capital allocation and long-term value creation.
Leave a Reply