Airdrops

Animoca Brands becomes strategic investor and node operator for CARV

CARV brings on Animoca Brands as strategic investor and node operator

SANTA CLARA, California, May 31st, 2024, Chainwire

CARV, the largest modular data layer for gaming and AI, revealed a strategic investment today from Animoca Brands, a company pushing for digital property rights in gaming and the open metaverse. Animoca Brands will also take on the role of operating CARV’s Tier 6 verifier nodes to help in decentralizing the data layer. This collaboration aims to deepen integration and create long-term synergies as they extend their gaming and open metaverse ecosystems.

Initially designed as a gaming credential platform, CARV has since transformed into a modular data layer protocol that has gained momentum with over 2.7 million users, 790 integrated games, and partnerships with major chains such as Linea, BNB Chain, zkSync, and Ronin. The company, rooted in gaming credentials, has introduced ERC-7231, a standard endorsed by the Ethereum Community, which ties together multiple Web2 and Web3 identities into a single NFT. CARV has also collaborated with industry giants like Google Cloud and Netmarble’s web3 arm, MARBLEX.

To support rapid growth, CARV is rolling out community-operated verifier nodes that will oversee outcomes at each protocol layer. These nodes are essential in maintaining decentralization, security, and fair value distribution as the network expands. By partnering with Animoca Brands as a strategic node operator, CARV aims to increase user adoption and enhance the user-owned data ecosystem. Node holders can easily delegate operations to Animoca Brands with just one click, ensuring network stability and uptime.

Initially, rewards from node operations will be in the form of $veCARV, the staked version of CARV tokens. This partnership also enables Animoca Brands and its portfolio of over 400 gaming and metaverse companies to engage in CARV’s Infinite Play, a token-lock voting system (CURVE & CONVEX model for gaming) for governance voting.

Yat Siu, co-founder and executive chairman of Animoca Brands, stated: “CARV’s mission aligns perfectly with Animoca Brands’ work to advance data self-sovereignty and interoperability of personal assets in both Web2 and Web3. This partnership will enhance our efforts to establish a more equitable framework through new asset classes, economies, and digital property rights.”

Victor Yu, co-founder of CARV, said: “This alliance between two industry leaders represents a multifaceted approach in their respective areas. With Animoca Brands’ strategic investment, support as a node operator, and collaboration within our gaming ecosystems, we are setting a solid foundation for the years to come. By combining our modular data layer with Animoca Brands’ extensive ecosystem, we aim to unlock new opportunities in user-owned data economies.”

For more information about CARV’s upcoming node sale, beginning on June 3, 2024, for whitelisted participants and June 5, 2024, for the public, visit https://node.carv.io.

About CARV
CARV is the leading modular data layer for gaming, AI, and ∞, driving a future where data creates value for everyone. As the creator of ERC7231, CARV has developed CARV Protocol, the modular data layer integrated with 40+ blockchains, Google Cloud, and other identity, storage, infra, and AI providers. CARV’s flagship gaming superapp, CARV Play, is integrated with over 790 web2 & 3 games, serving more than 2.7M gamers. CARV is backed by premier funds and ecosystems such as Temasek’s Vertex Ventures, ConsenSys, Tribe Capital, IOSG Ventures, and more. For more information, visit carv.io.

About Animoca Brands
Animoca Brands is a Web3 leader leveraging blockchain to provide digital property rights worldwide, aiding in establishing the open metaverse. The company develops and publishes various products, including original games and products using popular intellectual properties. With a vast portfolio of over 400 Web3 investments, Animoca Brands is actively involved in the Web3 space. For more information, visit www.animocabrands.com. For updates, follow on Twitter, YouTube, Instagram, LinkedIn, Facebook, and TikTok.

Contact
Co-Founder & COO
Victor Yu
CARV
[email protected]



Leave a Reply

Your email address will not be published. Required fields are marked *

Our Company

Get Latest Updates!

    Get all the latest updates on the crypto scene, including access to exclusive airdrops.

    cryptochronicle.xyz @2024. All Rights Reserved.