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Cryptocurrency News Articles

CARV, Pioneer of Data Revolution, Launches Groundbreaking Node Sale

May 01, 2024 at 12:05 am

CARV, the leading modular data layer for gaming and AI, announces the launch of its highly anticipated node sale, marking a significant milestone towards a user-owned internet where individuals can control and monetize their data. Starting May 13, users worldwide can participate in the decentralized data network by running verifier nodes, contributing to the redistribution of value and earning $CARV tokens. With a supply of 100,000 verifier nodes available, node operators will play a crucial role in maintaining integrity and security in CARV's decentralized data processing environment.

CARV, Pioneer of Data Revolution, Launches Groundbreaking Node Sale

CARV, the Pioneer of a Decentralized Data Revolution, Launches Groundbreaking Node Sale

CARV, the trailblazing modular data layer for gaming and AI, has announced its highly anticipated debut node sale, heralding a significant milestone in its mission to democratize data innovation and redistribute value to individuals. Commencing on May 13th, the sale will empower users worldwide to actively participate in CARV's decentralized data network, contributing to the redistribution of value and earning substantial rewards through the operation of lightweight verifier nodes.

The Vision: A User-Owned Internet

CARV envisions a future where data ownership, control, and monetization lie in the hands of users, a world where individuals are rightfully compensated for the value generated by their personal data. Through its innovative data-value exchange platform, CARV is transforming the landscape of data usage and sharing across gaming, AI, and countless other sectors. This bold initiative paves the way for a user-owned internet, where individuals can reap the financial rewards of their data.

The Power of the Ecosystem

Over 2.5 million users have embraced CARV's data revolution, establishing it as one of the most extensive ecosystems, boasting over 650,000 unique active wallets (UAW) across multiple blockchain networks, including zkSync, Linea, opBNB, Ronin, and over 40 others. As CARV's ecosystem continues to expand, running verifier nodes plays a crucial role in maintaining integrity and security within its decentralized data processing environment.

Verifier Nodes: The Guardians of Decentralization

Verifier nodes are the backbone of CARV's decentralized data processing. They validate attestations produced by Trusted Execution Environment (TEE) nodes, ensuring that data processing is executed securely and in accordance with user specifications. A majority consensus among honest verifiers, exceeding 50%, is essential for accurately verifying and recording attestation results on the blockchain. This consensus mechanism ensures protocol reliability while preserving user privacy.

Benefits of Running Nodes: A Path to Value

CARV's debut node sale makes participation accessible to all by offering a limited supply of 100,000 verifier nodes through a multi-tier pricing system starting at under $500. In return, node operators will earn a substantial portion of the network's native $CARV tokens. A generous allocation of 25% of the total supply has been earmarked for distribution to verifiers over time.

According to the release model, which incorporates a 25% reduction every six months, approximately 50% of the tokens are projected to be distributed within the first year alone. Additionally, node operators stand to benefit from ecosystem partnerships, with rewards provenientes from 700+ integrated games and AI companies. Verifier nodes are designed for ease of operation, with minimal setup requiring only a few steps. Alternatively, users can delegate to node-as-a-service providers with a one-click solution.

A Collective Empowerment

This bold step towards decentralization empowers users as active participants in the new data economy, an economy that respects user autonomy and privacy. With the launch of verifier nodes, CARV invites individuals to become stakeholders in a truly decentralized data ecosystem.

Victor Yu, Co-Founder of CARV, eloquently articulates the significance of the node sale: "We have reached a watershed moment where users rightfully demand ownership and compensation for their data. Our node sale marks a significant step towards realizing that vision, enabling everyone to become active stakeholders in a truly decentralized data ecosystem."

Node Sale Timeline: A Phased Approach

The CARV node sale will proceed through a series of phases:

  • Institutions / Organization Sales: May 3, 2024, at 12PM UTC
  • Whitelist Node Sale Launch: May 13, 2024, at 12PM UTC (available for 48 hours)
  • Public Node Sale Launch: May 15, 2024, at 12PM UTC

CARV: A Beacon of Innovation

CARV's team of seasoned experts from gaming, AI, and Web3 backgrounds stands as a testament to the project's ambition. Hailing from industry giants such as Electronic Arts, Garena, Tencent Games, Coinbase, OKX, BNBChain, Google, TikTok Ads, McKinsey, LINO, d.Live (exit to TRON), and Contentos (Binance listed), the team brings a wealth of experience and a deep understanding of the challenges and opportunities within the data landscape.

CARV's innovation extends beyond its team. The project is also the initiator of ERC7231, a standard approved by the Ethereum Foundation in early 2024. This innovative standard binds multiple Web2 and Web3 identities to a single non-fungible token (NFT), enabling encrypted aggregation of multi-domain identity data.

A Thriving Ecosystem

The CARV ecosystem has grown exponentially, with over 750 games and AI companies now integrated. Top gaming and AI partners include Netmarble's MARBLEX, a leading AI player valued at over $100 billion with significant investments in large language models. Other notable partners include Off the Grid, Pixels, Pixelmon, Illuvium, Axie Infinity, BinaryX, and Shrapnel.

CARV's financial success is further testament to its revolutionary approach. The company is profitable, with monthly revenues in the millions, underscoring the commercial viability of its data-value exchange platform.

Global Recognition and Funding Support

CARV's impact has not gone unnoticed. The project ranks among the top three globally in terms of on-chain activity, with a daily average of over 500,000 unique active wallets (UAW). It also holds the #1 position across Ronin, zkSync, and Linea, with deployments on over 40 chains.

CARV's success has attracted substantial funding from Tier 1 VCs and gaming backers, including Vertex Ventures (Temasek Subsidiary), ConsenSys (MetaMask), Tribe Capital, HashKey Capital, IOSG, OKX Ventures, Fenbushi Capital, Infinity Ventures Crypto, No Limit Holdings, Draper Dragon, Lyrik Ventures, Arweave, W3GG, EVOS Gaming, LiquidX, SNACKCLUB, Netmarble's MARBLEX, and others.

About CARV: The Gateway to a Decentralized Data Future

CARV stands as the leading modular data layer for gaming, AI, and beyond, revolutionizing the way data is utilized and shared. The company's vision of a future where data generates value for all has driven the development of CARV Protocol, a modular data layer integrated with 40+ chain ecosystems. CARV Play, the flagship gaming and superapp, completes the ecosystem, offering a seamless experience for users.

With over 2.5 million registered users, 700 integrated games, and a commanding presence on Linea, opBNB, zkSync, Ronin, and other leading chains, CARV has firmly established itself as a dominant force in the decentralized data landscape. The company's financial strength, backed by support from top-tier investors and gaming industry giants, underscores its commitment to creating a sustainable and user-centric data ecosystem.

For more information, visit carv.io.

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Other articles published on Jan 08, 2025