Ault Capital Group has launched the public testnet of Ault Blockchain, a layer one (L1) network built for trading, settlement and institutional-grade onchain infrastructure.
Ault Blockchain Debuts Public Testnet, Rejects Traditional Token Sale Model
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Ault Capital Group Launches Public Testnet for Institutional-Focused Ault Blockchain
The Las Vegas-based firm, Ault Capital Group, disclosed to Bitcoin.com News that the release marks the first public version of the L1 protocol, opening access to developers, infrastructure operators and early network participants.
The testnet provides a live environment to evaluate validator performance, core network functionality and infrastructure design before a planned mainnet launch. Ault Blockchain is built on the Cosmos software development kit and offers full Ethereum Virtual Machine ( EVM) compatibility, allowing Ethereum-native smart contracts and tools to operate without modification. Governance is handled onchain through Ault DAO, which manages protocol rules, economic parameters, and long-term upgrades.
The company detailed that it will not conduct a public token sale. Instead, the native AULT token will be distributed through a protocol-controlled emissions schedule tied to measurable network participation, including consensus security and licensed infrastructure operations.
“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. Participation is based on defined roles and verifiable work, not speculation, with transparent economics that are meant to support long-term network health from day one,” Milton “Todd” Ault III, founder and executive chairman of Ault Capital Group, told Bitcoin.com News.
Infrastructure and development support for the launch includes 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.
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The network introduces a licensed participation framework for infrastructure operators, including Licensed Mining Nodes authorized to perform defined off-chain services such as cryptographic randomness. In parallel, proof-of- stake validators and delegators secure consensus and earn transaction fees under DAO-governed economics.
Following the testnet phase, the company explained that it plans additional validator onboarding and ecosystem testing before mainnet launch. At genesis, the chain is expected to include core protocol modules, EVM compatibility, an initial validator set and onchain governance.
FAQ
- What is Ault Blockchain?
Ault Blockchain is a Cosmos-based Layer 1 network with Ethereum Virtual Machine compatibility designed for trading, settlement and institutional onchain infrastructure. - What does the public testnet provide?
The testnet offers a live environment to evaluate network functionality, validator performance and infrastructure design before mainnet launch. - Will there be a public token sale?
No, the AULT token will be distributed through a protocol-controlled emissions schedule tied to network participation rather than a public sale. - Who governs the network?
Ault DAO manages protocol parameters, validator participation and upgrades through onchain governance.
