$35M Node Sale Accelerates Decentralization Milestone, According to Chainwire

Santa Clara, USA, July 1st, 2024

New Initiative to Scale Network and Reward Node Operators with Airdrops and Voting Rights

CARV, the leading modular data layer for gaming and AI, has announced the launch of its Alphanet, powered by a network of 38,000 verifier nodes contributed by its community, valued at $35 million. This development is a significant move towards CARV’s vision of achieving true decentralization and a future where users own their data.

These nodes provide the CARV community with a stake in the network, allowing users to possess, manage, and profit from their data, while businesses can leverage high-quality information for innovation. The Alphanet launch enables node operators to test the network, which plays a vital role in preventing manipulation and improving security through a two-tiered smart contract validation process. By giving validating and securing data flows to its rapidly expanding community, CARV is evolving into a decentralized and scalable protocol layer that facilitates the seamless integration of high-quality games and applications seeking a secure, decentralized data environment.

Starting June 28, users can download and set up Node Operation software. Effective July 1, node owners can start operating nodes on Alphanet and have the opportunity to earn test rewards. Contributions to data validation on Alphanet will influence rewards during mainnet launches, with 25% of the total token supply allocated for verifier rewards. This economic structure aligns the long-term success of the protocol with the interests of the community.

“From our successful node distribution to today’s Alphanet launch, we are rapidly progressing towards a more decentralized and scalable network,” said CARV Co-Founder Victor Yu. “The enthusiastic participation from our community reflects a strong demand for an open data frontier that benefits users instead of corporations. With this important milestone achieved, we can accelerate the development of the world’s most dynamic data ecosystem.”

The Alphanet launch also builds on CARV’s recent momentum from forming significant partnerships. Notably, CARV has teamed up with double jump.tokyo Inc., a pioneering Japanese Web3 gaming company and the primary developer behind Oasys, which is a leading layer-1 blockchain designed for gamers. This collaboration will see double jump.tokyo and Oasys operating CARV nodes, earning staked token rewards for participating in CARV’s governance. Additionally, CARV is collaborating with major Web2 and Web3 gaming companies like Animoca Brands, Neowiz’s IntellaX, and others to cement its role as a key player in the gaming and AI data landscape, poised to drive industry-wide innovation.

For more information on staking rewards, node economics, and CARV’s strategy for fostering user-owned data economies, users are encouraged to consult the available guides.

About CARV

CARV is the largest modular data layer for gaming and AI, dedicated to creating a future where data provides value for everyone. As the sole author of ERC7231, CARV has developed the CARV Protocol, a modular data layer that is integrated with over 40 blockchains and leading technology providers. CARV’s flagship gaming superapp, CARV Play, integrates with more than 790 web2 and web3 games and serves over 2.8 million gamers. The project is supported by high-profile investors and ecosystems, including top venture firms and blockchain developers.

Contact
Victor Y.
COO, CARV
[email protected]