According to VentureBeat, CARV, which provides a modular data layer for the gaming and AI industries, announced today that it has completed a $10 million Series A financing. With the support of numerous industry-leading companies, CARV will continue to focus on building the largest modular data layer in the gaming and AI industries, promoting data innovation, and ensuring that individuals not only own data but also participate in value distribution, creating a next-generation internet truly owned by users.

This Series A financing round was led by Tribe Capital and IOSG Ventures, with significant investors such as Consensys (developer of MetaMask and Linea), OKX Ventures, Fenbushi Capital, No Limit Holdings, Draper Dragon, Arweave, LiquidX, and MARBLEX (Netmarble) also participating. Prior to this round, CARV had received investments from several well-known institutions, including HashKey Capital, Infinity Ventures Crypto, and Vertex Ventures, a subsidiary of Temasek Holdings.

CARV co-founder Victor Yu stated, "The support of these top investors highlights their confidence in CARV's ability to reshape data ownership and value distribution. For a long time, user data has been an important force driving economic growth, but they have never been able to share the economic value within it. The rise of AI has increased the industry's demand for high-quality data to better train models, but brands also face increasingly strict regulatory challenges in obtaining compliant data. In this context, CARV empowers users to regain data sovereignty while providing comprehensive, high-quality, compliant data for gaming brands and AI projects under the premise of protecting user privacy. Furthermore, it enables users to participate in profit distribution. This innovative model is expected to reshuffle the traditional advertising industry rules and make users the core of the data economy once again."

CARV's innovative solutions include the following three parts:

CARV Protocol, a cross-chain modular data layer that includes components for data validation, storage, processing, and monetization. The CARV ID adopts the independently innovative ERC-7231 standard, integrating the identities of over 1 million users from Web2 and Web3, advancing data sovereignty. The CARV Link oracle service can handle on-chain data validation, which is then stored in a distributed hybrid storage system based on Ethereum. After processing, this data is published across multiple blockchains to simplify cross-chain management, ensure security, and improve data monetization efficiency.

CARV Play, a cross-platform authentication system, is also the largest game distribution and social platform in Web3. In the past quarter, CARV Play's daily active wallet count exceeded 500,000, making it one of the top three most active ecosystems on chains such as Linea, opBNB, zkSync, and Ronin, providing a better experience for 2.5 million gamers to share data, establish credentials, play games, and earn rewards. Currently, over 750 games have joined CARV Play, including well-known games such as MARBLEX, Shrapnel, Off the Grid, Pixelmon, and Pixels.

CARV AI Agent CARA is a personalized game assistant that seamlessly integrates Web3 wallets, TON ecosystem games, and social functions. Based on player data, CARA can personalize game recommendations, activities, and airdrop opportunities.

CARV co-founder Victor Yu stated, "The vision of the CARV ecosystem is to provide infrastructure to reshape the internet, allowing everyone to benefit from participation and making individuals the core of digital interaction, thereby obtaining lifelong passive income. We are very much looking forward to seeing such a future."

Boris Revsin, Managing Director of Tribe Capital, stated, "CARV is a visionary company that uses blockchain technology to empower users with autonomy and privacy in the digital domain, which is extremely innovative. Their rapid growth and sustained active user base in the gaming and AI fields demonstrate their influence on the industry. We are excited to support CARV's continued innovation and lead the gaming industry towards data-driven development to provide users with a better experience."

Michael Camarda, Senior Director of Corporate Development at Consensys, stated, "CARV is a leading platform that allows gamers to share the value of personal data in a way that is based on autonomy and privacy protection, while also solving the problem of game discovery for players exploring new Web3 games. CARV has been an important partner for Linea since its inception, and we are pleased to support them as they move to the next stage."

Next, CARV is preparing to launch node sales (https://node.carv.io/) to enhance the security and credibility of the protocol, continue to implement the original intention of decentralization, and build a new generation of the internet that is truly owned and supports data monetization by users.

For the latest updates on CARV, including node information, please visit the official Twitter account: @carv_official

About CARV

CARV is the largest modular data layer in the gaming and AI fields, completely reforming the way data is used and shared. In order to create a future where data creates value for everyone, CARV has developed the CARV Protocol, which has been integrated into ecosystems across more than 40 chains. CARV Play is a game super app with over 2.5 million registered users and over 700 game partners. For more information, please visit carv.io

Media Contact

Victor Yu

media@carv.io

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