top of page

CARV Launches Verifier Nodes to Further Decentralize Data in Gaming and AI

The shift toward decentralizing data through initiatives like verifier nodes marks a significant step in redefining digital ownership and control.


The shift toward decentralizing data through initiatives like verifier nodes marks a significant step in redefining digital ownership and control.
Credit: Foretoken Media 2024

CARV, a blockchain protocol focused on gaming and AI, is taking significant steps to decentralize the data landscape. With the launch of verifier nodes, CARV aims to give control back to users, allowing them to own, monetize, and share their data in a decentralized and interoperable environment.


Verifier Nodes to Empower Data Control


Verifier nodes are crucial components that oversee data processing and double-check transactions. By validating attestations provided on-chain by Trusted Execution Environment (TEE) nodes, they add an extra layer of security and trustworthiness to data processing. These lightweight nodes are easy to set up and ready to run, making them accessible to a broad user base.


The verifier nodes will be available for purchase to whitelisted users starting from June 3 at 10 am UTC. The public sale will commence two days later, on June 5, after the whitelist sale concludes. A total of 100,000 nodes will be sold through a multi-tier pricing system, with first-comers getting access to lower rates and special events. The sale will be conducted on the Arbitrum network, and users can purchase verifier nodes using wETH.


Benefits of Running a CARV Verifier Node


Running a verifier node on CARV provides multiple benefits for both the ecosystem and its participants. Verifier nodes integrate the community into the validation process and necessitate two-staged verification, enhancing system security and preventing manipulation. This increased security is anticipated to attract more high-quality games to the platform, facilitating easier onboarding and management.


Node operators will earn CARV’s native cryptocurrency, CARV, for verifying data. A quarter of the total supply is reserved for nodes, with half expected to be released in the first year. The release model includes a 25% reduction every six months, ensuring a balanced and sustained reward system.


Currently, verifier nodes are tasked with verifying results from data processing and AI model training layers. However, their role is set to expand, including verifying Carve DB — an EigenLayer-based storage component — and securing CARV Link, an oracle service that imports external data to the protocol.


Decentralizing Data and Identities


CARV is advancing data monetization with the Data-to-Earn era, allowing users to generate revenue by providing their personal data to brands and interacting with them through activities like survey completion and event participation. This initiative enables users to earn passive income while creating a constant data flow for brands and applications.


The protocol has developed an Ethereum-based token standard, ERC-7231, which links Web2 and Web3 identities and presents them as NFTs. This advanced version of the ERC-721 standard aggregates multiple identities from different iterations of the web, supporting decentralized identity verification.


Successful Series A Funding Round


The project recently completed a Series A funding round, co-led by Tribe Capital and IOSG Ventures, raising $10 million. Prominent industry players like OKX Ventures, Consensys, and Arweave also participated, highlighting the strong support and belief in CARV’s mission.


Integrated with over 40 blockchains and more than 700 games and AI companies, CARV boasts an ecosystem with a user base exceeding 2.5 million. The protocol aims to break down identity silos and lay the foundation for a user-owned internet where individuals can have an equitable share in value distribution.

Comments


bottom of page