CARV Onboards Animoca Brands as a Node Operator and Strategic Investor

CARV, the largest modular data layer gaming and AI platform, is proud to announce a strategic investment from Animoca Brands. The investment will foster deeper integration and long-term synergies for gaming and open metaverse ecosystems.

According to the team, this investment will allow Animoca Brands to become an operator of CARV’s Tier 6 verifier nodes. This will offer support to CARV’s decentralization of its data layer. Animoca Brands brings years of experience and expertise in operating various blockchain infrastructures, which enables CARV to accelerate its user onboarding and adoption process. This will result in increased stakeholders’ stake in the user-owned data ecosystem. 

Notably, CARV plans to harness the support from Animoca Brands as a strategic node operator to introduce community-operated nodes designed to scrutinize outcomes at each protocol layer. According to the CARV team, these nodes will maintain security, decentralization, and equitable value distribution within the CARV ecosystem. It is important to note that node holders will have the option for a one-click delegation to Animoca Brands for node operators. 

CARV has scheduled a whitelisting for June 3rd, 2024, and a public sale of Juen 5, 2024. Initially, the rewards from node operations will be the staked version of the CARV tokens, $veCARV. Reportedly, this will allow Animoca Brands and its portfolio of over 400 gaming and metaverse companies to participate in CARV’s Infinite Play, a token lock voting bribery system for governance  

Commenting on the investment, Yat Siu, co-founder and executive chairman of Animoca Brands, stated:

“CARV’s mission to advance data self-sovereignty and the interoperability of personal assets in 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 a more equitable framework via new asset classes, economies, and digital property rights.”

Initially, CARV was founded as a gaming credential platform but has since evolved into a module data layer protocol. CARV is building the largest modular data layer for gaming and AI using its VARV protocol and two flagship products, CARV AI and CARV Play. Currently, CARV serves over 2.7 million users and has over 790 games and partnerships integrated across major chains, including BNB Chain, Linea, zkSync, and Ronin. CARV is also backed by top-tier funds and ecosystems, namely, ConsenSys, Temasek’s Vertex Ventures, IOSG Ventures, Tribe Capital, MARBELX, Infinity Ventures Crypto, and now Animoca Brands.

Animoca Brands is working to drive digital property rights, NFTs, and gaming to build the open metaverse. A winner of the Deloitte Tech Fast and a Fortune Crypto 40 company, Animoca Brands develops and publishes a broad portfolio of products, including games like the Sandbox, PHANTOM GALAXIES, Crazy Defense Heroes, and Life Beyond.

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