$35M node sale drives decentralization milestone by Chainwire


Santa Clara, USA, July 1, 2024, Chainwire

New initiative to scale the network and reward node operators with airdrops and voting rightsCARV, the largest modular data layer for gaming and AI, today announced the launch of its Alphanet, run by the 38,000 validator nodes distributed to its community worth $35 million. This marks a significant step towards CARV’s goal of true decentralization and a user-owned data future.

Nodes empower the CARV community as stakeholders, allowing users to own, control and monetize their data, while businesses can innovate based on high-quality insights. With the launch of Alphanet, node operators can test the network, playing a crucial role in preventing system tampering and improving overall security through two-stage smart contract verification. As CoinDesk reports, by putting the keys to validate and secure data flows in the hands of its rapidly growing community, CARV is evolving into a truly decentralized and scalable protocol layer, where seamless onboarding of games, players, and applications is possible. of high quality that seek a secure and decentralized data environment.

Starting June 28, users can now download and operate the Node Operation software. Starting July 1, node owners can start running nodes on Alphanet and potentially earn testing rewards. Contributing to data validation on Alphanet is correlated with rewards on mainnet launches. 25% of the total token supply is reserved for validator rewards. This economic incentive closely aligns the long-term success of the protocol with the vested interests of the community.

“From our successful node distribution to the launch of Alphanet today, we are rapidly moving towards a more decentralized and scalable network,” said CARV co-founder Victor Yu. “Our community's overwhelming participation represents a powerful mandate: people are ready for an open data frontier that creates value for users rather than corporations extracting it. With this important milestone achieved, we can accelerate the construction of the most vibrant data ecosystem in the world.”

The launch of Alphanet reinforces CARV’s momentum from building high-profile partnerships. Recently, CARV announced its partnership with double jump.tokyo Inc., the pioneering Japanese Web3 gaming company and the core developers of Oasys, the leading layer-1 blockchain designed specifically for gamers. Through this partnership, double jump.tokyo and Oasys will run CARV nodes, generating staked token rewards for voting in CARV governance. Additionally, by working alongside other Web2 and Web3 gaming heavyweights such as Animoca Brands, Neowiz’s IntellaX, Google (NASDAQ:) Cloud, and Netmarble’s MARBLEX, CARV is cementing its position as the preeminent AI and gaming data layer, poised to catalyze innovation across the industry.

For more details on potential staking rewards, node economics, and CARV's roadmap to catalyze user-owned data economies, users can visit the full guide here and the operations guide here.

About CARV

CARV is the largest modular data layer for gaming and AI, pioneering a future where data drives value for everyone. As the sole author of ERC7231, CARV has created the CARV Protocol, the modular data layer that has been integrated with over 40 blockchains, Google Cloud, and other identity, storage, infrastructure, and AI providers. CARV's flagship gaming super app, CARV Play, is integrated with more than 790 web2 and 3 games and serves more than 2.8 million players. CARV is backed by top-tier funds and ecosystems such as Temasek's Vertex (NASDAQ:) Ventures, ConsenSys (Metamask developer), Tribe Capital, IOSG Ventures, Animoca Brands, HashKey Capital, Infinity Ventures Crypto, MARBELX and more. For more information, users can visit carv.io.

ContactCOOVictor Y.Car[email protected]

This article was originally published on Chainwire.



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