Animoca Brands Backs CARV's Gaming Data Layer
By Olivier Acuña | TH3FUS3 Chief Editor
May 31, 2024 12:08 PM
Reading time: 2 minutes, 1 second
TL;DR CARV, the largest modular data layer for gaming and AI, announced a strategic investment from Animoca Brands. Animoca Brands will also operate CARV's Tier 6 verifier nodes. This partnership aims to deepen integration and expand gaming and metaverse ecosystems.
CARV Welcomes Strategic Investment from Animoca Brands
CARV, the most extensive modular data layer for gaming and AI, has announced a significant strategic investment from Animoca Brands. Animoca Brands is renowned for advancing digital property rights for gaming and the open metaverse.
Animoca Brands will also operate CARV's Tier 6 verifier nodes alongside the investment. This partnership marks a pivotal step in CARV's journey to decentralize its data layer.
Expanding Gaming and Metaverse Ecosystems
Founded as a gaming credential platform, CARV has grown into a comprehensive modular data layer protocol.
The platform boasts over 2.7 million users and integrates with 790 games. It has established partnerships across major chains like Linea, BNB Chain, zkSync, and Ronin.
CARV has also initiated ERC-7231, a standard approved by the Ethereum Community that binds multiple Web2 and Web3 identities to a single NFT. Collaborations with Google Cloud and Netmarble's web3 arm, MARBLEX, further underscore its credibility.
Community-Operated Verifier Nodes
To support its rapid scaling, CARV is introducing community-operated verifier nodes. These nodes scrutinize outcomes at each protocol layer.
They play a crucial role in maintaining decentralization, security, and equitable value distribution as the network expands. With Animoca Brands as a strategic node operator, CARV aims to leverage its expertise in blockchain infrastructures.
Node holders can delegate one click to Animoca Brands, ensuring network uptime and robustness.
"Animoca Brands will become an operator of CARV's Tier 6 verifier nodes in support of CARV's decentralization of its data layer."
Rewards and Governance
The rewards from node operations will initially be in the form of $veCARV, the staked version of CARV tokens. This allows Animoca Brands and its portfolio of over 400 gaming and metaverse companies to participate in CARV's Infinite Play.
Infinite Play is a token-lock voting bribery system for governance voting, modeled after CURVE and CONVEX for gaming.
Node Sale Information
CARV's highly anticipated node sale begins on June 3, 2024, for allowed participants and ends on June 5, 2024, for the public.
About CARV
CARV is a pioneering entity in the modular data layer for gaming, AI, and beyond.
As the sole author of ERC7231, CARV has integrated with over 40 blockchains, Google Cloud, and other identity, storage, infra, and AI providers. CARV's flagship gaming super app, CARV Play, integrates with over 790 web2 and web3 games, serving over 2.7 million gamers.
The company is backed by top-tier funds and ecosystems, including Temasek's Vertex Ventures, ConsenSys, Tribe Capital, IOSG Ventures, Animoca Brands, HashKey Capital, Infinity Ventures Crypto, MARBELX, and more.