SANTA CLARA, California, May 31, 2024, Chainwire
CARV, the largest modular data layer for gaming and artificial intelligence, today announced a strategic investment from Animoca Brands, the company advancing digital property rights for gaming and the open metaverse. Additionally, Animoca Brands will become the operator of CARV Level 6 verifier nodes in support of the decentralization of its CARV data layer. The partnership will facilitate deeper integration and long-term synergies as they expand their respective gaming ecosystems and open metaverse.
Founded as a gaming credentials platform, CARV has evolved into a modular data layer protocol with strong traction of over 2.7 million users, 790 integrated games, and partnerships on major chains such as Linea, BNB Chain , zkSync and Ronin. The company has enhanced its roots in gaming credentials by initiating ERC-7231, the community-approved standard that links multiple Web2 and Web3 identities to a single NFT, and by partnering with companies like Google (NASDAQ 🙂 Cloud and the web3 branch of Netmarble, MARBLE.
To support rapid scaling and growth, CARV is introducing community-operated verifier nodes that examine results at each layer of the protocol. These nodes are crucial to maintaining decentralization, security, and equitable redistribution of value as the network expands. CARV aims to accelerate user onboarding and adoption to grow the pie for all stakeholders in its user-owned data ecosystem through partnering with Animoca Brands as a strategic node operator, relying on its experience and expertise in the operation of various blockchain infrastructures. Node holders will have the option of one-click delegation of node operations to Animoca Brands, ensuring uptime and network robustness.
Rewards from node operations will initially be in the form of $veCARV, the staked version of CARV tokens. This also allows Animoca Brands and its portfolio of 400+ gaming and metaverse companies to participate in CARV's Infinite Play, a token-locked voting bribery system (CURVE and CONVEX model for games) for governance voting.
Yat Siu, Co-Founder and CEO of Animoca Brands, commented: “CARV’s mission to promote data self-sovereignty and personal asset interoperability across both Web2 and Web3 fits perfectly with the work we do at Animoca Brands. “This strategic partnership with CARV will amplify our efforts to pioneer a more equitable framework across new digital asset classes, economies and property rights.”
“This is a multifaceted alliance between two leaders in their respective fields,” said Victor Yu, co-founder of CARV. “Through Animoca Brands’ strategic investment, support as a node operator, and collaboration across our gaming ecosystems, we will take a comprehensive approach for many years to come. By leveraging our modular data layer with Animoca Brands’ powerful ecosystem, we aim to unlock new frontiers in user-owned data economies.”
To learn more about the highly anticipated CARV node sale, which will begin on June 3, 2024 for whitelisted participants and June 5, 2024 for the public, users can visit https://node. carv.io.
About CARV
CARV is the largest modular data layer for gaming, AI, and ∞, 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 more than 40 blockchains, Google Cloud, and other identity, storage, infrastructure, and artificial intelligence providers. CARV's flagship gaming super app, CARV Play, is integrated with over 790 web2 and 3 games and serves over 2.7 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.
About Animoca brands
Animoca Brands (ACN: 122 921 813), a Deloitte Tech Fast winner, a Fortune Crypto 40 company and one of the Financial Times' Asia-Pacific 2023 High Growth Companies, is a Web3 leader that leverages blockchain to offer rights to digital property to consumers around the world to help establish the open metaverse. The company develops and publishes a broad portfolio of products, including original games such as The Sandbox, PHANTOM GALAXIES™, Life Beyond, and Crazy Defense Heroes, and products utilizing popular intellectual properties from the world of sports and entertainment, such as The Walking Dead, Power Rangers, MotoGP™ and Formula E. It has several subsidiaries, including The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Darewise Entertainment, Notre Game. , TinyTap, SPORTPASS, PIXELYNX, WePlay Media, Gryfyn and Azarus. Animoca Brands is one of the most active investors in Web3, with a portfolio of over 400 investments in Web3, both directly and through Animoca Ventures, including Yuga Labs, Polygon, Consensys, Magic Eden, Fireblocks, OpenSea, Dapper Labs, Yield Guild Games. , and many more. For more information, users can visit www.animocabrands.com or follow on X (Twitter), YouTube, Instagram, LinkedIn, Facebook (NASDAQ:) and TikTok.
ContactCo-founder and COOVictor YuCARV[email protected]
This article was originally published on Chainwire.
