CoinEfficiency

CARV Launches $CARV Token to Revolutionize Data Ownership in Gaming and AI

Discover how CARV's $CARV token is set to transform data ownership and governance in gaming and AI, empowering users with control and monetization capabilities.
Published on 2024-10-10

Introduction to CARV and $CARV Token

CARV, a leader in modular identity and data solutions for gaming and AI, has unveiled its native utility token, $CARV. This development aims to revolutionize data ownership by enabling users to actively participate in the CARV ecosystem, which includes CARV Protocol, CARV Play, and CARV Labs. The token is now accessible on eight major exchanges, marking a significant advancement in CARV's mission.

Empowering Users and Decentralization

$CARV serves as the governance and participation pillar, allowing holders to shape the protocol's future and monetize their data. The token facilitates decision-making, feature proposals, and node acquisition, with 40 million tokens dedicated to decentralizing the network. A buyback program further supports decentralization, offering lucrative opportunities for traders through CARV's revenue model and staking options.

Integration with Gaming and AI

The token's utility extends to CARV's play-to-earn economy, Infinite Play, benefiting millions of gamers. As CARV advances in AI, web2 companies are expected to use $CARV to access user-controlled data, increasing demand. The launch includes a total supply of 1 billion tokens, with 50% reserved for community initiatives like airdrops.

Future Roadmap and Initiatives

CARV plans a series of initiatives, including airdrops, gaming partnerships, and community-driven innovations. The introduction of veCARV on Arbitrum enhances voting power, promoting long-term staking and community engagement.

Financial and Technological Milestones

2024 has been pivotal for CARV, with $10M secured in Series A funding and a $35M verifier node sale. The company reported over $43M in revenue for the first three quarters of 2024, showcasing its financial strength. Upcoming key projects include a mainnet release, decentralized sequencers, and data verification enhancements.

About CARV

CARV stands as a top modular identity and data layer provider, integrating over 900 games and AI firms, and serving millions of users globally. With $50M in funding, CARV's team comprises industry experts from major tech companies, dedicated to transforming data usage.

For more information, explore CARV's blog and social media updates.

What is Coinefficiency?

Coinefficiency is your go-to platform for optimizing cryptocurrency trading, investments and strategies. We provide a comprehensive suite of tools to analyze market trends, monitor price movements, and execute effective trading strategies. Whether you're a seasoned trader or new to crypto, Coinefficiency helps you maximize your profits with data-driven insights.

Why Use Coinefficiency?

  • Advanced market analytics to identify trading opportunities.
  • Compare markets relative performance.
  • Understand market cycles over time. See market levels.
  • Compare buy-and-hold, portfolio rebalancing, Dollar-Cost-Averaging trading strategies.

With Coinefficiency, you can stay ahead of the market and execute efficient trading strategies effortlessly.

Get Started with Coinefficiency

Ready to optimize your crypto investments? Take control of your portfolio with cutting-edge tools designed for both beginners and experts.