CARV Launches $CARV Token: Empowering Data Ownership and Value Creation in Gaming and AI
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CARV Launches $CARV Token: Empowering Data Ownership and Value Creation in Gaming and AI
CARV, the global leading modular identity and data layer for games and AI, today announced the launch of its native utility token $CARV, marking a significant step forward in CARV's mission to transform data ownership.
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CARV, the world’s leading modular identity and data layer for gaming and AI, today announced the launch of its native utility token $CARV. Deployed on Base, $CARV is now live on eight major centralized exchanges including Bybit, KuCoin, and Bitget. This marks a pivotal step forward in CARV's mission to transform data ownership.
As a core component of the CARV ecosystem, $CARV empowers holders to participate in the governance and development of CARV Protocol, CARV Play, and CARV Labs, enabling them to actively shape the protocol’s future, share in its success, and truly own, control, and monetize their data.
$CARV holders can not only vote on decisions and propose new features but also further decentralize the network by purchasing CARV nodes (allocated 40 million tokens), creating new revenue streams. CARV offers node operators a buyback program to concretely advance true decentralization. With CARV’s proven and reliable revenue model and high-yield staking opportunities, $CARV is highly attractive to traders.
Victor Yu, COO of CARV, said: “TGE is a defining moment for CARV. We are committed to empowering gamers and AI developers to truly take control of their data. The launch of the $CARV token takes us one major step closer to building a fair, transparent, and data-driven ecosystem.”
$CARV is now fully integrated into CARV’s play-to-earn economy, Infinite Play, reaching millions of players and demonstrating high annualized yield returns through three rounds of pilot staking programs. Additionally, as CARV expands into AI, Web2 companies will use $CARV to access valuable user-controlled data, further increasing token demand.
Yu added: “This is just the beginning—our roadmap includes upcoming airdrops, deeper integrations with gaming partners, and community-governed innovations. Our community is at the heart of everything we do, and that is clearly reflected in the $CARV tokenomics.”
The total supply of $CARV is one billion tokens, to be fully released over four years, with 50% allocated to the community. Ten percent of the total supply will be distributed through three seasonal airdrops. Token allocation is as follows (click to view detailed token utilities):
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Nodes and Community: 50.00%
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Founding Team and Advisors: ~19.46%
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Early Investors: ~9.25%
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Ecosystem and Treasury: 9.00%
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Private Sale: 8.30%
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Liquidity: 4.00%
To enable user participation in governance, CARV has launched veCARV on Arbitrum—a locked “vote-escrowed” version of $CARV that enhances voting power, incentivizes long-term staking, and supports community-driven growth.
$CARV is now listed on eight major exchanges: Bybit, KuCoin, Bitget, HTX, Gate, BingX, HashKey Global, and MEXC, with more listings expected soon.
2024 has been transformative for CARV. The company secured a $10 million Series A funding round, advanced protocol decentralization through a $35 million validator node sale, and launched a $50 million accelerator program. CARV has also achieved outstanding revenue performance in Web3—generating over $43 million in total revenue in the first three quarters of 2024 alone. This token launch marks the beginning of a new chapter in data empowerment, built upon a foundation of financial success and technological innovation.
CARV’s 2024 roadmap remains in full motion. The team is actively advancing toward the Mainnet launch and other key initiatives this year, including expanding the identity and data layer with decentralized sequencers and data attestation, integrating Merkle Tree technology to enhance the ERC-7231 standard for improved data handling and privacy, and providing on-chain database solutions for instant CARV ID integration.
For more information, read the latest Messari report on CARV, or follow CARV’s blog and Twitter (X) for updates.
About CARV
CARV is building the world’s largest modular Identity & Data Layer (IDL) for gaming and AI. Its services are integrated with over 900 games and AI companies, covering more than 30% of the Web3 gaming market and serving over 9.5 million registered players. With over 1.3 million daily active users and 2.8 million unique on-chain CARV IDs, CARV reaches over 2.1 million daily independent active wallets across 40 networks, consistently ranking among the top three multi-chain platforms by active addresses. To date, CARV has raised $50 million from leading investors including Tribe Capital, Temasek Ventures, HashKey Capital, Animoca Brands, and ConsenSys, as well as renowned gaming studios and ecosystems such as MARBLEX (Netmarble) and The Sandbox. The team comprises talent from industry leaders like Coinbase, Binance, Google, and EA, all dedicated to revolutionizing how data is used across gaming, AI, and beyond.
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