CARV (CARV)

Data Ownership and Monetization

CARV lets users own, control, and monetize their personal data, especially in gaming and AI. Players can manage how their gaming data is used and earn rewards by sharing it.

Identity and Data Layer

It builds a modular Identity and Data Layer (IDL) that combines Web2 and Web3 identities into one profile. This helps users unify fragmented data and control their digital identity across platforms.

AI and Gaming Ecosystem

CARV supports over 900 games and AI companies, serving millions of players. It enables AI agents to access high-quality data for smarter operations and powers play-to-earn economies where users earn CARV tokens.

Governance and Staking

Users can participate in governance by voting on platform decisions and stake CARV tokens to earn rewards, encouraging long-term community involvement.

Network Utility

CARV tokens are used to pay for network fees, buy gaming assets, and provide liquidity in token pools, making it a key part of the CARV ecosystem’s operations.

Pros of CARV

• Data Ownership and Control: CARV lets users own, control, and monetize their data, especially in gaming and AI sectors.
• Modular Identity and Data Layer: It integrates over 900 games and AI companies, serving 10M+ registered players, creating a large ecosystem.
• Cross-Chain and Scalable: Combines Solana’s scalability with Ethereum’s security for smooth, secure AI agent operations.
• Innovative Technology: Uses cryptographic proofs, trusted execution environments, and decentralized identity (ERC-7231 NFT standard) for privacy and security.
• Token Utility: CARV tokens are used for governance, staking, gas payments, and rewarding users who contribute data or participate in the ecosystem.
• Strong Team and Partnerships: Supported by contributors from Coinbase, Tencent, McKinsey, and backed by major investors like Temasek and ConsenSys.
• Growing Ecosystem: Includes flagship apps like CARV Play, and supports AI, gaming, and decentralized science (DeSci) verticals.

Cons of CARV

• Price Volatility: CARV’s price has experienced significant declines recently, underperforming the broader crypto market.
• Market Sentiment: The token is sensitive to overall crypto trends and can be affected by market pessimism.
• Unlocking Period for veCARV: Converting veCARV back to CARV requires an unlocking period, which may limit liquidity.
• Complexity: The ecosystem and tokenomics might be complex for beginners to fully understand.
• Competition: Faces competition from other blockchain projects focusing on data sovereignty and gaming.

For more details, visit the official website: carv.io

Founders of CARV

CARV was co-founded by Chloe Xiaoyi Gu (CEO) and Victor Yu (COO). They lead the project focused on building a modular identity and data layer for gaming, AI, and decentralized data ecosystems.

Investors in CARV

CARV has raised $50 million in total funding from several top-tier investors and major gaming studios. Key investors include:

• Venture Capital Firms: Tribe Capital, Temasek Vertex, HashKey Capital, IOSG Ventures, Infinity Ventures Crypto, No Limite Holdings
• Blockchain and Web3 Companies: ConsenSys (developer of MetaMask)
• Gaming and Entertainment: Animoca Brands, MARBLEX (Netmarble), The Sandbox
• Corporate Giants: Alibaba Group

These investors support CARV’s mission to build a modular identity and data layer for gaming, AI, and other data-driven industries.

Halal Status of CARV

• No: There is no specific, verified Shariah certification or screening publicly available for CARV to confirm it as halal.
• Reason: Islamic finance principles require detailed screening of a crypto project’s structure, use, and compliance with rules like prohibition of interest (riba) and gambling. CARV has not been listed or certified by recognized halal crypto screening sources.
• Note: Muslims interested in halal crypto usually rely on expert Shariah advisory firms or halal crypto lists that evaluate projects based on Islamic law. CARV is not currently included in these lists.

For personalized religious guidance, consulting a qualified Islamic scholar is recommended.