The First Project Report: AI+GameFi, How to Build a Modular Data Layer for CARV March 5

In the Web3 era, the value of data is being redefined, and decentralized data protocols are becoming an important infrastructure in the blockchain world. The issues of user data ownership, privacy protection, and data monetization capabilities have become the focus of industry attention. As the demand for trusted data in fields such as artificial intelligence (AI), decentralized finance (DeFi), GameFi, and social networks continues to grow, a powerful decentralized data protocol will have a profound impact on the entire Web3 ecosystem.
CARV is a pioneer in this field, dedicated to building the world's largest decentralized data network, allowing users to truly control data ownership and profit from the data economy. It not only provides users with decentralized identity (DID) management but also helps AI research institutions, game developers, DeFi platforms, and others obtain trusted data, creating a richer Web3 ecosystem.

1. What is CARV?

CARV is a decentralized data protocol focused on decentralized identity (DID) and data empowerment, aiming to enable users to fully control their data and exchange it securely and efficiently within the Web3 ecosystem while gaining economic returns.
In the Web2 era, internet companies controlled vast amounts of user data, while users were unable to freely manage or monetize their data assets. This data monopoly not only limited users' data rights but also allowed internet giants to become the primary beneficiaries of the data economy. CARV aims to change this situation, allowing users to truly become the owners and beneficiaries of their data assets.
Through blockchain technology and smart contracts, CARV grants users complete control over their own data. Users can choose whether to share their data and, while ensuring privacy and security, use the data for AI training, DeFi credit assessments, blockchain gaming ecosystems, and more. Additionally, CARV provides a trusted data circulation network for data consumers (such as AI institutions, game developers, and DeFi platforms), enabling them to obtain user-authorized data to build smarter Web3 applications.

The CARV ecosystem consists of several core components to ensure smooth data storage, exchange, and monetization. These include:

• Decentralized Identity Protocol (CARV Protocol): Provides users with a unique decentralized identity (DID), ensuring data security and traceability, and supports cross-platform data migration.
• Data Empowerment Platform: Users can store data in a decentralized storage network and authorize it through smart contracts, allowing the data to be used for AI training, DeFi credit assessments, NFT trading, etc.
• AI Training Market: Provides high-quality training datasets for AI institutions, where users can earn rewards by contributing data, creating a virtuous cycle.
• Blockchain Gaming Data System: Helps the GameFi ecosystem record player achievements and assets, allowing this data to flow between different games, enhancing the gaming experience.

Through this complete ecosystem, CARV is building an open, transparent, and secure data economy network that benefits users, developers, and data consumers alike.

2. CARV's Operating Model

CARV achieves data storage, sharing, trading, and monetization through a decentralized data protocol, with core operating models including:

1. Decentralized Identity (DID) Management

In the CARV ecosystem, each user can create a unique decentralized identity (DID), which not only serves as the user's digital identity but also contains core information such as on-chain data, social relationships, and gaming achievements. Unlike traditional centralized identities, CARV's DID is controlled by the user, with all data stored on the blockchain or decentralized storage systems rather than centralized servers.
More importantly, CARV employs Zero-Knowledge Proof (ZKP) technology, allowing users to prove the authenticity of certain information to third parties without exposing all their data. For example, users can prove they have certain gaming achievements or credit scores without revealing specific game data or financial information. This mechanism not only protects user privacy but also allows data to circulate more freely.

2. Data Assetization and Value Monetization

CARV allows users to convert their data into tradable assets. For instance, achievements and items from different games can be recorded on the blockchain and traded via NFTs. This method of data assetization enables users to not only enjoy gaming but also monetize their data for additional income.
Moreover, data consumers such as AI institutions, advertisers, and DeFi lending platforms can purchase authorized data through the CARV platform. This model not only ensures data liquidity but also allows users to gain actual benefits from the data economy, rather than letting large companies monopolize data profits.

3. Developer Ecosystem

To promote the development of the Web3 ecosystem, CARV also provides a range of developer tools, including APIs and SDKs, enabling developers to easily access CARV's data protocol and build new applications on top of it. For example, DeFi protocols can utilize CARV's credit data model to optimize lending strategies, while game developers can use cross-chain data provided by CARV to enhance player experiences. This open developer ecosystem ensures the continuous expansion and innovation of the CARV ecosystem.

3. CARV's Core Technology

CARV relies on blockchain, cryptographic algorithms, smart contracts, and other technologies to build a secure, transparent, and efficient decentralized data ecosystem.

1. DID (Decentralized Identity) Technology

CARV's DID technology is based on blockchain proof mechanisms, ensuring the uniqueness and immutability of identity data. Users can authenticate their identity across different Web3 platforms through CARV's identity system without needing to register accounts repeatedly. This not only enhances user experience but also reduces the privacy leakage risks associated with centralized storage.
Additionally, DID technology supports users in controlling their identity data and allows them to revoke or modify data access permissions. This flexibility gives CARV higher security and practicality within the Web3 ecosystem.

2. Data Privacy and Security Protection

CARV employs end-to-end encryption technology to ensure data security during transmission. At the same time, smart contracts control data access permissions, preventing data consumers from accessing users' private data without authorization. Furthermore, the application of zero-knowledge proof technology allows users to prove the authenticity of specific attributes without exposing sensitive information, thereby safeguarding data privacy.

3. Cross-Chain Compatibility

CARV is compatible with multiple public chains, including Ethereum, Solana, Polygon, Arbitrum, etc., ensuring that data can circulate freely across different blockchain ecosystems. This cross-chain compatibility broadens CARV's application scenarios and provides more possibilities for data trading and monetization.

4. CARV Team and Financing Information

CARV is developed by an international team, with members from globally renowned tech companies and blockchain enterprises such as Google, Meta, Binance, Polygon, and Animoca Brands. They possess rich practical experience in data security, decentralized identity (DID), smart contracts, and game economics.

Since its establishment, CARV has completed multiple rounds of financing and received support from numerous top-tier capital and strategic partners, including:

• Seed Round Financing: Led by Animoca Brands, raising $3 million for technology research and ecosystem development.
• Series A Financing: Led by HashKey Capital, Delphi Digital, and other institutions, raising $12 million primarily for global market expansion.
• Strategic Partnerships: CARV has established deep collaborations with multiple Web3 projects, gaming companies, and AI research institutions, including Polygon, Arbitrum, Solana, Immutable X, The Sandbox, and Galxe, promoting data sharing and DID ecosystem construction.

CARV's strong capital background not only ensures its long-term development but also provides continuous funding support for the project, enabling rapid expansion in the Web3 data market.

5. CARV Token Economics

The CARV token (CARV) is the core driving force of the CARV ecosystem, serving important functions such as data circulation, ecosystem incentives, and governance voting.

1. Token Use Cases

The main uses of the CARV token within the ecosystem include:

• Data Trading: Users can authorize access to their data through CARV tokens and receive economic returns.
• Ecosystem Incentives: Users participating in the Web3 ecosystem (such as data contributors, AI researchers, gamers, etc.) can earn CARV tokens by providing data or engaging in interactions.
• Platform Governance: Users holding CARV tokens can participate in CARV DAO governance, voting to determine the project's future development direction, including protocol upgrades and fund allocation.
• Developer Support: Developers can use CARV tokens to access data APIs and SDKs within the ecosystem to build decentralized applications (DApps).
• Staking and Lending: CARV tokens can be used in the DeFi ecosystem for staking and lending, enhancing asset liquidity.

1. Token Distribution Model

CARV adopts a reasonable token distribution strategy to ensure the long-term stable development of the ecosystem. The total supply of tokens is 1 billion, which will be gradually released after the token generation event (TGE), with full release expected within four years, distributed as follows:
Node and Community Incentives (50%): Used to reward community members for their contributions to the project's success in various ways.
Ecosystem and Treasury (9%): $CARV token reserves for the project's ecosystem development and treasury management.
Early Investors (9.246%): Rewards for long-term supporters who made seed round and strategic investments in the early stages of the project.
Private Placement (8.295%): Token distribution for Series A and subsequent private investors.
Founding Team and Advisors (19.459%): Rewards for the core founding team and advisors for their full-time efforts toward the project's success.
Liquidity (4%): Token distribution for providing market liquidity, ensuring market stability and liquidity.

This token economic model ensures the sustainable growth of the CARV ecosystem and incentivizes different participants to jointly promote the development of the Web3 digital economy.

6. Future Value Analysis of CARV

With the rapid development of the Web3 industry, decentralized identity (DID) and the data economy are becoming core areas of industry focus. As a leader in this field, CARV possesses significant market potential.
Currently, the global demand for data privacy protection is growing, and traditional centralized data storage models are facing challenges, making decentralized data management a new solution. CARV empowers users through DID technology, returning data ownership to individuals and providing a trusted data trading environment, which is crucial for the Web3 ecosystem. Additionally, the AI industry’s demand for high-quality data is continuously increasing, and CARV's data network will provide new data sources for decentralized AI research, further expanding application scenarios.
Compared to similar projects, CARV has advantages in multi-chain compatibility and privacy protection technology, and has established deep collaborations with multiple Web3 ecosystems, laying a solid foundation for its future development. As the demand for data in areas such as blockchain gaming, DeFi, and AI continues to grow, CARV's decentralized data economy model will usher in vast development opportunities.