CARV Partners with MDEC to Establish Malaysia as a Premier Web3 Gaming Hub

Kuala Lumpur, Malaysia, October 8th, 2024

As Malaysia advances towards becoming a leading digital gaming hub in Southeast Asia, the collaboration between the Malaysia Digital Economy Corporation (MDEC) and EMERGE Group has strengthened the nation’s commitment to pioneering Web3 gaming. A notable player highlighted in this initiative is CARV, recognized for its expertise in data empowerment and blockchain gaming innovation.

The partnership was officially announced at the IOV2055 Symposium held at the Grand Hyatt on October 3, 2024, aiming to establish Malaysia as a key center for Web3 gaming, with CARV playing a vital role in this endeavor. The collaboration seeks to enhance the growth and acceptance of blockchain gaming technologies, creating an ecosystem that encourages creativity, innovation, and economic development. CARV, known for its data ownership and monetization solutions, is set to apply its knowledge to help advance the gaming landscape in the region with state-of-the-art Web3 capabilities.

"We are thrilled to contribute to the transformation of Malaysia’s digital gaming landscape through this collaboration with MDEC and EMERGE Group. CARV’s expertise in data ownership and blockchain technology will provide advanced solutions that empower both gamers and developers. This partnership marks a significant step towards establishing a decentralized gaming ecosystem in Malaysia that can serve as an example for the entire region," stated Dazzle, Ecosystem Lead of CARV.

CARV’s Role in Malaysia’s Blockchain Gaming Ecosystem

Introduced by Datuk Fadzli Abdul Wahit, Head/Senior Vice President of Digital Transformation at MDEC, CARV’s participation in the inaugural Malaysia Web3 Gaming Council marks a major progression for the company as it seeks to broaden its influence in the global gaming industry. Through this partnership with MDEC, CARV has the opportunity to advance its mission of transforming data ownership in gaming via blockchain technology. The council comprises industry leaders such as Avocado DAO and TZ APAC, who will collaboratively strategize to position Malaysia at the forefront of Web3 gaming in the ASEAN region.

For CARV Labs, this collaboration aligns with Malaysia’s long-term objectives in digital innovation. By supporting MDEC’s vision, CARV will play a crucial role in bridging the Web2 and Web3 ecosystems, utilizing its advanced technology to facilitate the digital transformation of gaming.

"CARV’s role in the Malaysia Web3 Gaming Council underscores our leadership in blockchain gaming and our commitment to providing revolutionary solutions in this domain," said Victor Yu, COO of CARV. "We aim to empower Malaysian gamers and developers, allowing them to enjoy immersive gaming experiences while taking ownership of their data, ultimately driving economic growth for the entire region."

Pioneering the Future of Gaming in Southeast Asia

With its strong infrastructure and a focus on data empowerment, CARV is well-equipped to support the rapid evolution of Web3 gaming in Malaysia. The partnership will see CARV collaborating with key stakeholders to create new opportunities for gamers, developers, and innovators, ensuring Malaysia becomes a significant player in the blockchain gaming sector.

As CARV pushes the boundaries of data ownership, its participation in this initiative reflects the company’s dedication to creating a substantial impact. Through this alliance with MDEC and other industry leaders, CARV is positioned to significantly influence Malaysia’s digital landscape and the wider Southeast Asian gaming market.

This partnership heralds an exciting new chapter in which CARV, alongside MDEC and EMERGE Group, will drive the growth of blockchain gaming in Malaysia, furthering its mission to empower gamers and innovate the future of gaming data.