CARV

About CARV

CARV Protocol is a modular data layer that facilitates data exchange and value distribution across Gaming, AI and ∞. It encompasses end-to-end data flow processes, including data verification, identity authentication, storage, processing, model training, and value distribution. VISION The CARV Protocol empowers users by granting them control over their own data, enabling them to share information securely and privately, while also participating in revenue generated from their data usage. For businesses, it provides access to high-quality, privacy-preserving and regulatory-compliant user data, leveraging this information to enhance their operations. Infrastructure-wise, the CARV Protocol underpins the entire data lifecycle, ensuring that data monetization and value distribution are executed in a decentralized, integrated, privacy-focused, and regulatory-compliant manner. The protocol primarily targets the Gaming and AI verticals, showcasing its specialized capabilities. However, it is designed with the flexibility to extend its application to additional industries in the future. https://venturebeat.com/games/carv-raises-10m-to-build-out-modular-data-layer-for-gaming-and-ai/ PRODUCT CARV Play and CARV AI explained https://docs.carv.io/carv-ecosystem/carv-play https://docs.carv.io/carv-ecosystem/carv-ai USERS ✅Enable users to aggregate, own, and control a unified interoperable ID ✅Empower users to selectively share their identity and credentials for tailored experiences and earning opportunities ✅Ensure privacy and data integrity GAMES & AI PROJECTS ✅Provide games with holistic, high-quality data to effectively target, understand, and retain gamers ✅Enhance AI development with large quantities of ready-to-use data reinforced by human feedback for training ✅Ensure all data sets are used and shared in a trustless, regulatory-compliant, and privacy-preserving manner ECOSYSTEMS ✅Empower L1/2/3 with identity and reputation solutions for growth ✅Enable developers to create scalable, real-world-connected applications VERIFIER NODES Verifier nodes are lightweight nodes managed by the community. They play a crucial role in maintaining the protocol’s integrity, thereby enhancing its trustworthiness and security. Currently, these nodes primarily check TEE attestations on-chain, verifying that the results are reliable and that the process maintains the privacy of user data. Looking ahead to Q3 2024, these nodes will take on additional responsibilities such as verifying CARV DB, an Autonomous Virtual Storage (AVS) built on Eigenlayer, to ensure reliable content storage for each operator. By Q4 2024, the scope will broaden to include securing CARV Link, an on-chain Oracle/Attestation service that seamlessly imports data from both web2 and web3 sources into the CARV protocol, thereby creating value for users and businesses. Expanding our community node base is vital to support these growing responsibilities and ensure the ongoing robustness of the CARV ecosystem. LICENSE KEY (NFT) After purchasing a node license, node licenses will be distributed as an NFT to the purchase wallet of the user. Only the wallet with the node license can then operate the node and earn tokens as rewards. Node licenses are initially non-transferable. VERIFIER NODE REWARDS Verifier node operators will receive token rewards for their contributions to the network’s operation and security (data privacy protection). Up to 25% of the total supply will be provided to verifier node operators. Emission adopts a release model of 25% reduction every 6 months. It is expected to release about 50% token in the first year. Note: This is not a token sale. CARV Foundation is committed to compliance. Participants will receive $veCARV instead of receiving native token directly and convert it to $CARV through redemption, then claim the rewards. NODE TIERS OVERVIEW https://docs.google.com/spreadsheets/d/1WKO2UAZAzRadESjGv3mk2TRePFXxroqb80AOPAMIL2k/edit#gid=169417372 TOKENS AND UTILITY $CARV TOKEN UTILITY AND PURPOSE $CARV is the native utility token of the CARV ecosystem, used as a medium of exchange within its platform. It empowers players with ownership of data and allows participation in the governance of the ecosystem’s development. ✅Retail users’ premium utillities in CARV ecosystem, e.g., gas payment for multi-chains, gaming assets purchases, etc. ✅Incentive to bootstrap incentive layer, e.g., data owners, providers, consumers. ✅CARV can be converted to veCARV with 1:1 ratio through staking $veCARV TOKEN UTILITY AND PURPOSE veCARV stands for voting-escrow CARV, is a non-transferable token. veCARV is mainly used for: ✅CARV Protocol governance. ✅Incentive to bootstrap incentive layer, e.g., data owners, providers, consumers. ✅Used for governance voting in P2E system ‘Infinite Play’. ✅Used in P2E systems to delegate voting rights to escrow pool owners and receive pool rewards. ✅Incentivizes node operators who secure and support the network. ✅veCARV can be redeemed for CARV with varying rates and waiting periods, which is explained in more detail in The Redemption Process. DISTRIBUTION AND VESTING The total supply of $CARV will be 1,000,000,000 and will become accessible over four years, starting at the time of the Token Generation Event. The initial four-year post TGE allocation of the total supply of $CARV is as follows: ✅Nodes & Community- through various means to reward our community for their efforts in contributing to the project’s success. — 50% (500,000,000 $CARV tokens) ✅Ecosystem & Treasury — Treasury holding of $CARV tokens — 9% (90,000,000 $CARV tokens) ✅Private Fundraising — Series A and thereafter investors in CARV that participate in private fundraising — 10% (100,000,000 $CARV tokens) ✅Founding Team & Advisors — Rewarding the core founding contributors and advisors for their full-time effort to the project’s success 17% (170,000,000 $CARV tokens) ✅Liquidity — Tokens allocated to provide liquidity — 4% (40,000,000 $CARV tokens) INVESTORS AND PARTNERS SALE DETAILS ROUND 1) OG Round ROUND ELIGIBILITY (ON TOP OF GENERAL ELIGIBILITY): 👉Obtain the OG role in the StarLaunch Discord, through our Zealy Dashboard. All the details about accessing the dashboard can be found here https://medium.com/@StarLaunch/announcing-new-social-rewards-program-fdbc84873a68. 👉StarLaunch Discord link https://discord.gg/starlaunch 👉KYC approved with Fractal ROUND DETAILS: 👉Purchase Price: 809 USDC 👉Nodes available: 65 Nodes Sale Timeframe: MAY 23, 11 AM UTC — 3 PM UTC ROUND 2) Stakers Round: ROUND ELIGIBILITY: 👉Stake minimum: 1,000 STARS ROUND DETAILS: 👉Nodes available: 65 Nodes + any amount left from the OG round 👉Purchase Price: $829 USDC Sale Timeframe: MAY 23, 3 PM UTC — MAY 24, 3 PM UTC ROUND 3) FCFS Round: ROUND ELIGIBILITY: 👉KYC approved with Fractal ROUND DETAILS: 👉Nodes available: Any amount left from the OG + Stakers round 👉Purchase Price: $869 USDC Sale Timeframe: MAY 24, 3 PM UTC — 9 PM UTC ABOUT CARV CARV is building the modular data layer for gaming and AI, unlocking innovation with access to comprehensive, high-quality data while empowering individuals with data self-sovereignty. 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