CARV launches $50 million accelerator to drive large-scale adoption of data protocols

TechFlow reports that blockchain data protocol CARV has announced a $50 million accelerator program aimed at incubating projects that drive mass adoption of its namesake data protocol.

The initiative is backed by leading blockchain venture funds including HashKey Capital and Consensys.

Notably, BANANA, the first project incubated by CARV Labs, built on the TON ecosystem, attracted over 8 million users within just four weeks, with more than 1 million daily active users.