CARV Launch Token: Empowering Data Ownership and Value Creation in Gaming and AI Fields
$CARV holders can not only participate in decision-making and propose new feature suggestions, but also further promote network decentralization and create new revenue streams by purchasing CARV nodes (allocated with 40 million tokens). CARV offers a buyback program for node holders to effectively promote true decentralization. With CARV's mature and reliable revenue model and high-yield staking opportunities, $CARV is highly attractive to traders.Global leading gaming and AI modular identity and data layer CARV today announced the launch of its native functional token $CARV. The token is deployed on the Base chain and is now listed on eight major centralized exchanges including Bybit, KuCoin, and Bitget. The release of this token marks an important step for CARV in the transformation of data ownership.
As a core component of the CARV ecosystem, $CARV empowers holders to participate in the governance and development of CARV Protocol, CARV Play, and CARV Labs, enabling them to actively shape the future of the protocol, share in its success, and truly own, control, and monetize their data.
$CARV holders can not only participate in decision-making and propose new feature suggestions but also further promote network decentralization and create new revenue streams by purchasing CARV nodes (allocated with 40 million tokens). CARV offers a buyback program for node holders to effectively promote true decentralization. With CARV's mature and reliable revenue model and high-yield staking opportunities, $CARV is highly attractive to traders.
Victor Yu, CARV's Chief Operating Officer, stated: "The TGE is a pivotal moment for CARV. We are committed to empowering gamers and AI developers, truly enabling them to take control of their data. The launch of the $CARV token marks a significant step towards building a fair, transparent, and data-driven ecosystem."
$CARV has officially integrated into CARV's "play-to-earn" economic system Infinite Play, covering millions of players and demonstrating high annualized staking returns during three rounds of experimental promotions. Additionally, as CARV expands into the AI sector, Web2 companies will use $CARV to access valuable user self-managed data, further increasing token demand.
Yu added: "This is just the beginning—our roadmap includes multiple upcoming airdrops, deeper collaborations with gaming partners, and community governance-driven innovative experiences. Our community is at the heart of it all, which is clearly reflected in the $CARV tokenomics model."
The total supply of $CARV is 1 billion tokens, with plans to release all of them over four years, of which 50% will be allocated to the community. 10% of the total token supply will be distributed through three seasonal airdrops. The token distribution is as follows (click to view token utility details):
- Nodes and Community: 50.00%
- Founding Team and Advisors: Approximately 19.46%
- Early Investors: Approximately 9.25%
- Ecosystem and Treasury: 9.00%
- Private Sale: 8.30%
- Liquidity: 4.00%
To enable users to participate in decision-making, CARV has launched veCARV on Arbitrum, a locked "voting escrow" version of $CARV that can be used to enhance voting power, encouraging long-term staking and community-driven development.
$CARV is now live on the following eight exchanges: Bybit, KuCoin, Bitget, HTX, Gate, BingX, HashKey Global, and MEXC, with plans to list on more exchanges in the future.
2024 is crucial for CARV. CARV has secured 10 million dollars in Series A funding, advanced protocol decentralization through a 35 million dollar validator node sale, and launched a 50 million dollar accelerator program. CARV has also achieved outstanding revenue performance in the Web3 space—total revenue in the first three quarters of 2024 has exceeded 43 million dollars. This token release marks the beginning of a new chapter in data empowerment for CARV, built on a solid foundation of financial achievements and technological innovations.
CARV's 2024 roadmap is still progressing. The team is fully focused on the mainnet launch and other key projects within the year, including expanding the identity and data layer through decentralized oracles and data validation, integrating Merkle tree technology to improve the ERC-7231 standard for enhanced data processing and privacy protection, and providing on-chain database solutions for instant identity integration of CARV ID.
For more information, please refer to the latest CARV report from Messari, or follow CARV's blog and Twitter (X) for updates.
Introduction to CARV
CARV is building the world's largest modular identity and data layer (IDL), focusing on the gaming and AI sectors. CARV services have integrated over 900 games and AI companies, covering more than 30% of the Web3 gaming market, serving over 9.5 million registered players. With over 1.3 million daily active users, CARV has more than 2.8 million unique on-chain CARV IDs. CARV boasts over 2.1 million daily independent active wallets, spanning 40 networks, with the number of active addresses consistently ranking among the top three in multi-chain. To date, CARV has raised 50 million dollars in funding from top investment firms including Tribe Capital, Temasek Ventures, HashKey Capital, Animoca Brands, and ConsenSys, as well as well-known gaming studios and ecosystems such as MARBLEX (Netmarble) and The Sandbox. Team members come from industry-leading companies such as Coinbase, Binance, Google, and EA, dedicated to revolutionizing the way data is used in gaming, AI, and beyond.
