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Cryptocurrency News Articles

CARV Launches Node Sale, Empowering Users in the Decentralized Data Ecosystem

May 01, 2024 at 03:06 pm

CARV, a leading modular data layer for gaming and AI, launches its node sale, a crucial step towards its mission of data innovation and user empowerment. Through this sale, users can contribute to its decentralized data network and earn rewards by running lightweight verifier nodes. These nodes verify data processing and maintain the integrity of CARV's ecosystem, ensuring data privacy and ownership for users. With a limited supply of 100,000 nodes, the sale offers a unique opportunity for users to become active stakeholders in CARV's decentralized data economy.

CARV Launches Node Sale, Empowering Users in the Decentralized Data Ecosystem

CARV Debuts Node Sale, Empowering Users in Decentralized Data Ecosystem

Introduction

CARV, the trailblazing modular data layer for gaming, AI, and emerging domains, has announced the highly anticipated launch of its node sale. This pivotal milestone marks a significant step forward in CARV's mission to democratize data innovation and ensure that individuals can reap the benefits of the value generated in a user-owned internet.

Nodes: Empowering Data Ownership and Value Sharing

CARV envisions a future where users have complete control over their personal data, leveraging it for personal gain and shaping the digital landscape. Through its groundbreaking data-value exchange platform, CARV is turning this vision into a reality. With its modular data layer, CARV is revolutionizing how data is used and shared across gaming, AI, and countless other sectors, paving the way for a user-owned internet where individuals can rightfully profit from the value their data creates.

Over 2.5 Million Users Join the Data Revolution

The CARV ecosystem has already garnered the support of over 2.5 million users, solidifying its position as one of the largest ecosystems by unique active wallets (UAW) across multiple blockchain networks. With over 650,000 UAW spread across zkSync, Linea, opBNB, Ronin, and 40+ other chains, CARV has established a formidable presence in the Web3 space.

Verifier Nodes: Ensuring Data Integrity and Security

As the CARV ecosystem expands, maintaining integrity and security in its decentralized data processing environment becomes paramount. Verifier nodes play a crucial role in this process, validating attestations produced by Trusted Execution Environment (TEE) nodes. This ensures that data processing is executed securely and as intended. A majority of honest verifiers exceeding 50% is essential for accurately verifying and recording attestation results on the blockchain, thereby maintaining protocol reliability while preserving privacy.

Benefits of Running Nodes with CARV

CARV's debut node sale provides an opportunity for individuals to actively participate in this decentralized data ecosystem. With a limited supply of 100,000 verifier nodes available through a multi-tier pricing system, node operators can earn a substantial portion of the network's native $CARV tokens. 25% of the total supply has been allocated for distribution to verifiers, to be released over time. According to the release model, which sees a reduction of 25% every six months, approximately 50% of the tokens are expected to be released in the first year alone.

In addition to rewards from the network, node operators can also benefit from ecosystem partners. With over 700 games and AI companies integrated into the CARV ecosystem, rewards and incentives flow from diverse sources. Verifier nodes are designed to be easy to run, requiring only a few simple steps to get started. For those who prefer a hands-off approach, there is also a one-click solution to delegate to node-as-a-service providers.

Towards a Decentralized Future

This bold step towards decentralization empowers users to become active stakeholders in the new data economy, where user autonomy and privacy are paramount. "We've reached an inflection point where users rightfully demand ownership and compensation for their data," said Victor Yu, CARV Co-Founder. "Our node sale is a big step towards realizing that vision by allowing everyone to become active stakeholders in a truly decentralized data ecosystem."

Node Sale Timeline

The CARV node sale will be conducted in phases:

  • Institutions / Organization Sales: May 3, 2024, at 12 PM UTC
  • Whitelist Node Sale Launch: May 13, 2024, at 12 PM UTC
  • Public Node Sale Launch: May 15, 2024, at 12 PM UTC

About CARV

CARV is the largest modular data layer for gaming, AI, and ∞, transforming how data is used and shared. To pioneer a future where data generates value for all, CARV has built CARV Protocol, the modular data layer integrated with 40+ chain ecosystems, and CARV Play, its flagship gaming superapp. CARV has more than 2.5 million registered users, 700 integrated games, and is the largest application in Linea, opBNB, zkSync, Ronin, and more. CARV is backed by top-tier funds and ecosystems such as Temasek's Vertex Ventures, ConsenSys (developer of Metamask), Tribe Capital, IOSG Ventures, HashKey Capital, Infinity Ventures Crypto, MARBELX, and more.

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