CARV brings on Animoca Brands as strategic investor and node operator

SANTA
CLARA,
California,
May
31st,
2024,
Chainwire

CARV,
the
largest
modular
data
layer
for
gaming
and
AI,
announced
today
a
strategic
investment
from

Animoca
Brands,
the
company
advancing
digital
property
rights
for
gaming
and
the
open
metaverse.
In
addition,
Animoca
Brands
will
become
an
operator
of
CARV’s
Tier
6
verifier
nodes
in
support
of
CARV’s
decentralization
of
its
data
layer.
The
partnership
will
facilitate
deeper
integration
and
long-term
synergies
as
they
expand
their
respective
gaming
and
open
metaverse
ecosystems.

Founded
as
a
gaming
credential
platform,
CARV
has
evolved
into
a
modular
data
layer
protocol
with
strong
traction
from
over
2.7
million
users,
790
integrated
games,
and
partnerships
across
major
chains
like
Linea,
BNB
Chain,
zkSync,
and
Ronin.
The
company
has
come
good
on
its
gaming
credential
roots
by
initiating

ERC-7231,
the
standard
approved
by
the
Ethereum
Community
that
binds
multiple
Web2
and
Web3
identities
to
a
single
NFT,
and
partnering
with
the
likes
of

Google
Cloud
and

Netmarble’s
web3
arm,
MARBLEX.

To
support
rapid
scaling
and
growth,
CARV
is
introducing
community-operated
verifier
nodes
that
scrutinize
outcomes
at
each
protocol
layer.
These
nodes
are
crucial
for
maintaining
decentralization,
security,
and
equitable
value
redistribution
as
the
network
expands.
CARV
aims
to
accelerate
user
onboarding
and
adoption
to
grow
the
pie
for
all
stakeholders
in
its
user-owned
data
ecosystem
through
partnering
with
Animoca
Brands
as
a
strategic
node
operator,
relying
on
their
experience
and
expertise
in
operating
various
blockchain
infrastructures.
Node
holders
will
have
the
option
for
one-click
delegating
to
Animoca
Brands
for
node
operations,
ensuring
network
uptime
and
robustness.

The
rewards
from
node
operations
will
initially
be
in
the
form
of
$veCARV,
the
staked
version
of
CARV
tokens.
This
also
allows
Animoca
Brands
and
its
portfolio
of
more
than
400
gaming
and
metaverse
companies
to
participate
in
CARV’s

Infinite
Play,
a

token-lock
voting
bribery
system
(CURVE
&
CONVEX
model
for
gaming)
for
governance

voting. 

Yat
Siu,
co-founder
and
executive
chairman
of
Animoca
Brands,
commented:
“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.”

“This
is
a
multi-faceted
alliance
between
two
leaders
in
their
respective
domains,”
said
Victor
Yu,
co-founder
of
CARV.
“Through
Animoca
Brands’
strategic
investment,
its
support
as
a
node
operator,
and
collaboration
across
our
gaming
ecosystems,
we
are
taking
a
comprehensive
approach
over
many
years
to
come.
By
leveraging
our
modular
data
layer
with
Animoca
Brands’
far-reaching
ecosystem,
we
aim
to
unlock
new
frontiers
in
user-owned
data
economies.”

For
more
about
CARV’s
highly
anticipated
node
sale,
set
to
begin
on
June
3,
2024
for
whitelisted
participants
and
June
5,
2024
for
the
public,
users
can
visit

https://node.carv.io.

About
CARV

CARV
is
the
largest
modular
data
layer
for
gaming,
AI,
and
∞,
pioneering
a
future
where
data
generates
value
for
all.
As
the
sole
author
of
ERC7231,
CARV
has
built

CARV
Protocol,
the
modular
data
layer
which
has
integrated
with
40+
blockchains,
Google
Cloud,
and
other
identity,
storage,
infra
and
AI
providers.
CARV’s
flagship
gaming
superapp,

CARV
Play,
is
integrated
with
more
than
790
web2
&
3
games
and
serving
2.7M+
gamers.
CARV
is
backed
by
top-tier
funds
and
ecosystems
such
as
Temasek’s
Vertex
Ventures,
ConsenSys
(developer
of
Metamask),
Tribe
Capital,
IOSG
Ventures,
Animoca
Brands,
HashKey
Capital,
Infinity
Ventures
Crypto,
MARBELX,
and
more. For
more
information,
users
can
visit

carv.io.

About
Animoca
Brands

Animoca
Brands
(ACN:
122
921
813),
a

Deloitte
Tech
Fast
winner,
a

Fortune
Crypto
40
company,
and
one
of
the
Financial
Times’

High
Growth
Companies
Asia-Pacific
2023,
is
a
Web3
leader
that
leverages
blockchain
to
deliver
digital
property
rights
to
consumers
around
the
world
to
help
to
establish
the
open
metaverse.
The
company
develops
and
publishes
a
broad
portfolio
of
products
including
original
games
such
as
The
Sandbox,
PHANTOM
GALAXIES™,
Life
Beyond,
and
Crazy
Defense
Heroes,
and
products
utilizing
popular
intellectual
properties
from
the
worlds
of
sports
and
entertainment,
such
as
The
Walking
Dead,
Power
Rangers,
MotoGP™,
and
Formula
E.
It
has
multiple
subsidiaries,
including

The
Sandbox,

Blowfish
Studios,

Quidd,

GAMEE,

nWay,

Pixowl,

Forj,

Lympo,

Animoca
Brands
Japan,

Grease
Monkey
Games,

Eden
Games,

Darewise
Entertainment,

Notre
Game,

TinyTap,

SPORTPASS,

PIXELYNX,

WePlay
Media,

Gryfyn,
and

Azarus.
Animoca
Brands
is
one
of
the
most
active
investors
in
Web3,
with
a portfolio
of
over
400
Web3
investments,
both
directly
and
through
Animoca
Ventures,
including
Yuga
Labs,
Axie
Infinity,
Polygon,
Consensys,
Magic
Eden,
Fireblocks,
OpenSea,
Dapper
Labs,
Yield
Guild
Games,
and
many
more.
For
more
information
users
can
visit

www.animocabrands.com
or
follow
on

X
(Twitter),

YouTube,

Instagram,

LinkedIn,

Facebook,
and

TikTok.

Contact

Co-Founder
&
COO
Victor
Yu
CARV
[email protected]