​​Data privacy platform Aleo is launching its incentivized testnet on Dec 2. Aleo has set aside 25M ALEO credits for Testnet 3 incentives. Prover incentives account for 7.5M credits (30%). The incentive period will last until January 26th, 2023, or until all 7.5M credits have been released. At mainnet launch, Aleo credits will be redeemable at a rate of 5:1. The startup has closed $200M in Series B round in February this year. SoftBank Vision Fund 2 and Kora Management co-led the round, with Tiger Global and a16z among investors.