Santa Clara, CA, May 31, 2024, Chainwire
CARV, the largest modular data layer for games and AI, today announced a strategic investment from Animoca Brands, a company advancing digital property rights for games and the open metaverse. Additionally, Animoca Brands will be the operator of CARV’s Tier 6 validation nodes to support CARV’s data layer decentralization. This partnership will foster deeper integration and long-term synergies as they expand their respective games and open metaverse ecosystems.
Founded as a gaming credential platform, CARV has evolved into a modular data layer protocol with strong traction with over 2.7 million users, 790 integrated games, and partnerships between major chains such as Linea, BNB Chain, zkSync, and Ronin. The company has established a well-established gaming credential foundation by launching ERC-7231, a standard approved by the Ethereum community for binding multiple Web2 and Web3 IDs to a single NFT, and partnering with MARBLEX, the web3 division of Google Cloud and Netmarble.
To support rapid expansion and growth, CARV is introducing community-run validation nodes that scrutinize the results at each protocol layer. These nodes are critical to maintaining decentralization, security, and equitable redistribution of value as the network expands. With its experience and expertise in operating diverse blockchain infrastructure, CARV aims to accelerate user onboarding and adoption to grow the pie for all stakeholders in the user-owned data ecosystem through its partnership with strategic node operator Animoca Brands. Let’s do it. Node holders will have the option to delegate node operations to Animoca Brands with one click, ensuring network uptime and robustness.
Rewards from node operations will initially come in the form of $veCARV, a staked version of the CARV token. This will allow Animoca Brands and its portfolio of over 400 gaming and metaverse companies to participate in CARV’s Infinite Play, a token-locked voting bribery system for governance voting (the CURVE and CONVEX models for games).
Yat Siu, Co-Founder and Chairman of Animoca Brands, said: “CARV’s mission to advance data self-sovereignty and interoperability of private assets 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 more equitable frameworks through new asset classes, economics, and digital property rights.”
“This is a multi-faceted alliance between two leaders in their respective fields,” said Victor Yu, co-founder of CARV. “With Animoca Brands’ strategic investment, support as a node operator, and collaboration across the gaming ecosystem, we are taking a comprehensive approach for the years ahead. By leveraging Animoca Brands’ extensive ecosystem and modular data layer, we aim to break new ground in the user-owned data economy.”
For more information about CARV’s highly anticipated node sale, scheduled to begin on June 3, 2024 for whitelisted participants and June 5, 2024 for regular participants, please visit https://node.carv.io .
Introduction to CARVs
CARV is the largest modular data layer for gaming, AI, and infinity, pioneering a future where data creates value for everyone. As the sole author of ERC7231, CARV has built the CARV Protocol, a modular data layer integrated with over 40 blockchain, Google Cloud, and other identity, storage, infrastructure, and AI providers. CARV’s flagship gaming superapp, CARV Play, integrates with over 790 web2 and 3 games, serving over 2.7 million gamers. CARV is backed by top-tier funds and ecosystems such as Temasek’s Vertex Ventures, ConsenSys (developer of Metamask), Tribe Capital, IOSG Ventures, Animoca Brands, HashKey Capital, Infinity Ventures Crypto, MARBELX, and more. For more information, see carv.io.
Introduction to the Animoca brand
Animoca Brands (ACN: 122 921 813), a Deloitte Tech Fast winner, Fortune Crypto 40 company, and one of the Financial Times Asia Pacific 2023 High-Growth Companies, is a Web3 leader leveraging blockchain to deliver digital property rights. Consumers around the world will help build an open metaverse. The company owns original games such as The Sandbox, PHANTOM GALAXIES™, Life Beyond, Crazy Defense Heroes, The Walking Dead, Power Rangers, MotoGP™ and Formula E. The Sandbox, Blowfish Studios, Quidd, GAMEE, nWay, Pixowl, Forj, It has several subsidiaries, including Lympo, Animoca Brands Japan, Grease Monkey Games, Eden Games, Darewise Entertainment, and 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 Web3 investments directly and through Animoca Ventures, including Yuga Labs, Axie Infinity, Polygon, Consensys, Magic Eden, Fireblocks, OpenSea, Dapper Labs, and Yield. . Guild games, and more. For more information, visit or follow us at www.animocabrands.com. X (Twitter)YouTube, Instagram, LinkedIn, Facebook and TikTok.
contact
Co-Founder & COO
Victor Yu
carb
(email protected)