CARV's operational data is impressive, and the game ecosystem and AI support are working together, with a potential increase of 2.5 times in the future

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Renata2024/10/15 09:38

By:Renata

I. Project introduction

CARV is an innovative company founded in 2021, focusing on building one of the world's largest Modularization data layers for the gaming and artificial intelligence (AI) fields. The CARV protocol is its core product, an end-to-end data infrastructure designed to allow users to own and control their own data, while enabling them to derive economic benefits from their data through its monetization model. The CARV protocol not only provides high-quality data circulation, but also promotes innovation in data-intensive industries such as gaming and artificial intelligence.

CARV Play is the first flagship application on the CARV protocol, focusing on game distribution, social interaction, and authentication system. It has attracted over 2.80 million players worldwide and supports 790 Web2 and Web3 games. The platform enables deep interaction and data sharing between users and games, generating $4 million in revenue in the first half of 2024 alone.

CARV's operational data is impressive, and the game ecosystem and AI support are working together, with a potential increase of 2.5 times in the future image 0

II. Project highlights

User Data Autonomy and Economic Participation : The CARV protocol monetizes data by allowing users to own and control their own data, enabling users to participate in the distribution of economic value brought by data. This innovative mechanism ensures user privacy protection while breaking the monopoly of data revenue by large companies, laying the foundation for the development of personal data economy.

The world's largest Modularization data layer and a wide range of industry applications : CARV has built a powerful Modularization data infrastructure that supports multiple functions such as data verification, identity authentication, and Model Training, and is widely used in the gaming and AI industries. Its protocol has been adopted by more than 900 gaming and AI companies, promoting the efficient circulation of data in the Web2 and Web3 ecosystems, meeting the diverse needs of enterprises and developers.

Active global player community and excellent game ecosystem : CARV Play, as the flagship application, has attracted more than 2.80 million global players and 650,000 daily active users. The platform integrates 790 Web2 and Web3 games, and provides user authentication and community management tools for well-known game projects, helping game developers improve player stickiness and community activity levels, creating a diversified game ecosystem.

Strong revenue performance and AI-driven support : CARV Play generated nearly $4 million in revenue in the first half of 2024, with monthly recurring revenue exceeding $1 million. In addition, CARV AI, as an intelligent personal assistant, provides users with personalized game recommendations and encrypted asset management, significantly improving the User Experience and further promoting the growth and profitability of the platform.

III. Market value expectations

CARV ($CARV), a Modularization data layer protocol focused on gaming and artificial intelligence (AI), has attracted worldwide attention with its innovative user data autonomy and economic participation model. Through its end-to-end data infrastructure, CARV gives users ownership of their own data and helps them achieve economic benefits through data monetization mechanisms. This model has not only attracted a large number of users, but also been widely used in Web2 and Web3 gaming ecosystems and AI applications.

Currently, the unit price of $CARV token is 1.17 dollars, and the fully circulating market value is about 1.135 billion dollars. In order to better predict the future market value potential of $CARV, we can preliminarily estimate the future potential of CARV in the market through market value benchmarking analysis with other decentralized protocol projects.

Benchmark project:

Render ($RENDER) : a provider of decentralized GPU-based rendering solutions, with a token price of 5.57 dollars and a circulating market value of $2,885,147,311.

Virtual Protocol ($VIRTUAL) : Decentralized AI factory with a token price of 0.069 dollars and a circulating market value of $69,180,000.

Dymension ($DYM) : Modularization settlement platform, with a token unit price of 1.88 dollars and a circulating market value of $392,093,012.

Assuming the market value of CARV reaches the levels of these benchmark projects, the expected price and increase of the $CARV token are as follows:

Benchmark Render ($RENDER) : The circulating market value is $2,885,147,311, and the price of $CARV token is about $2.98, an increase of 2.55 times.

Benchmarking Virtual Protocol ($VIRTUAL) : The circulating market value is $69,180,000, and the price of $CARV token is about $0.07, a decrease of 0.06 times.

Benchmarking Dymension ($DYM) : The circulating market value is $392,093,012, and the price of $CARV token is about $0.40, a decrease of 0.34 times.

IV. CARV Token Economic Model

Token practicality and purpose

$CARV is the native utility token of the CARV ecosystem, mainly used as a medium of exchange within the platform, empowering users to obtain ownership of data, control access to games or projects, and participate in the governance and development of the ecosystem through tokens. Its specific uses include:

Governance and Voting : CARV holders can participate in the development decisions of the CARV ecosystem and influence the future direction of the project through governance voting.

User benefits and payments : Retail users can access advanced features within the CARV ecosystem through $CARV, such as gas payment for cross-chain transactions, purchase of game assets, etc.

Access to games or projects : Games or projects can use $CARV to obtain ongoing support for the CARV protocol, such as access to a unified player data archive and data layer.

Incentivize data contribution : $CARV is used to incentivize owners, providers, and consumers of data, supporting the construction and extension of the CARV protocol's Modularization data layer.

In addition, $CARV can be converted into veCARV (s) by pledging at a 1:1 ratio to further incentivize long-term holders and strengthen community governance.

Token allocation and unlocking mechanism

The total supply of $CARV is 1 billion coins, which will be gradually released after the token generation event (TGE) and is expected to be fully released within four years. The specific distribution and unlocking plan is as follows:

Node and Community Incentives (50%) : Used to reward community members for their contributions to project success in various ways.

Ecosystems and vaults (9%) : The $CARV token reserve is used for the project's ecosystem development and vault management.

Early stage investors (9.246%) : Reward long-term supporters who make seed and strategic investments in the early stages of the project.

Private Fundraising (8.295%) : Used for token distribution to Series A and subsequent private equity investors.

Founding team and advisors (19.459%) : Reward the core founding team and advisors for their full-time efforts towards project success.

Liquidity (4%) : The distribution of tokens used to provide market liquidity, ensuring market stability and liquidity.

V. Team and financing

The CARV project has completed multiple rounds of financing and received support from well-known institutions and individuals.

Strategic financing (December 2023): Investors include HashKey Capital, Alibaba, Jeffrey Jiho Zirlin, etc.

Series A financing (April 2024): Raised $10 million, with anchors including IOSG Ventures, Tribe Capital, OKX Ventures, etc.

Other financing : Completed $40 million financing in November 2022, received $35 million funding support in June 2024, investors include Animoca Brands, Intella X, etc.

Team members:

Clo G. - Co-founder

Victor Yu - Co-founder and COO

Yukai Tu - CTO

Paul Delio - Head of Business Development

Leo Li - CGO

VI. Risk Warning

1. Intense market competition: The game and artificial intelligence data fields where CARV is located are fiercely competitive, and there are already several similar decentralized data protocol projects in the market. If CARV cannot maintain technological innovation and user growth in the market competition, its market share may be affected, which in turn affects the price and market value of the token.

2. Since token holders can participate in governance voting, if token holders are concentrated in the hands of a few large households, there may be a situation where a few people control the governance results, leading to doubts about the fairness of community governance.

3. The price of the $CARV token may be affected by various factors such as market demand, project progress, and market sentiment. The sharp fluctuations in the token price may affect investor confidence and may also lead to asset losses for token holders.

VII. Official link

Website ： https://carv.io/

Twitter： https://x.com/carv_official

Telegram： https://t.me/carv_official_global

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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