Ault Blockchain, a Layer 1 network, has announced the launch of an EVM-compatible blockchain focused on trading, settlement, and tokenization of real-world assets (RWA). Built on Cosmos SDK, Cosmos EVM, and CometBFT, the network aims for 200-millisecond block times. The $AULT token will follow a ten-year declining emission schedule through permissioned mining nodes. Developed by a subsidiary of NYSE-listed Hyperscale Data, the project integrates compliance and permissionless features, drawing on founder Todd Ault's experience with banking restrictions.
Ault Blockchain, a Layer 1 network, has rolled out an EVM-compatible blockchain built specifically for trading, settlement, and tokenization of real-world assets (RWA). It runs on Cosmos SDK, Cosmos EVM, and CometBFT consensus, with 200-millisecond block times in its sights.
There will be no standard public token sale. Instead, its native token, $AULT, is set to use a ten-year declining emission schedule, with distribution handled by permissioned mining nodes doing off-chain jobs like oracle services, indexing, and AI computing.
A subsidiary of NYSE-listed Hyperscale Data developed the project. And the idea came from founder Todd Ault's run-ins with banking restrictions while operating regulated businesses. That pushed the team toward a strategy mixing compliance with permissionless features. The setup includes a core settlement layer, Ault DEX, and Wyoming DAO LLC governance, while sticking to its parent company's public market audit and disclosure standards.
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