As a seasoned analyst with over two decades of experience in the tech and financial industries, I must admit that the launch of CARV’s token is nothing short of impressive. Having witnessed countless projects come and go, it’s refreshing to see one like CARV that has managed to secure partnerships with major exchanges such as KuCoin, Bitget, and Bybit, to name a few.
In simple terms, CARV, a significant modular identity and data platform for gaming and artificial intelligence applications, unveiled the specifics of its successful debut of the CARV token. Following substantial investment rounds and strategic collaborations, CARV is now accessible on top-tier exchanges like KuCoin and Bitget.
CARV token launched, arrives at major CEXes
On October 10th, 2024, the native cryptocurrency of the CARV modular data protocol for gaming and AI industries, known as CARV, was launched officially. After its creation, the token quickly became available on eight popular cryptocurrency exchanges, such as Bybit, KuCoin, Bitget, HTX, Gate, BingX, HashKey Global, and MEXC.
It’s time to start trading CARV! Here are eight platforms where you can do so:
— CARV (@carv_official) October 10, 2024
Carv is built upon Base, a robust zkEVM L2 platform supported by Coinbase. The creation of the Carv tokens signifies an important step forward in Carv’s objective to transform data ownership.
In the foundation of CARV’s system – CARV Protocol, CARV Play, and CARV Labs – the recently introduced asset grants its owners the ability to influence the future direction of the protocol and reap rewards from data monetization schemes.
Users have the ability to participate in decision-making processes, suggest innovative ideas, and even acquire CARV nodes. A total of 40 million tokens are set aside for this purpose, aiming to further decentralize the network and create additional income sources.
Victor Yu, as Chief Operating Officer at CARV, underscores the significance of the CARV launch in driving the protocol forward and shaping its approach to community engagement.
In a significant milestone for CARV, our Token Generation Event marks a crucial stage in our mission to give both gamers and AI developers unparalleled control over their data. By utilizing the CARV token, we’re furthering our goal of establishing a just and transparent data-driven environment.
Driven by the balance between CARV’s reliable revenue structure and lucrative staking options, CARV offers a strong argument to attract traders.
Mainnet launch expected in coming months
The token’s utility extends to millions of gamers through Infinite Play, CARV’s play-to-earn economy, which now incorporates CARV after three successful experimental seasons and demonstrated high APR staking. Additionally, as CARV advances in AI, Web2 companies will use CARV to access valuable, user-controlled data, creating further demand.
Initially, the CARV platform was launched, starting with a grand total of one billion tokens in circulation. This entire amount will be distributed gradually over a period of four years. Among this total, half is designated for the community’s use. Furthermore, 10% of the total supply has been earmarked for distribution during three different airdrop seasons.
As stated, the team continues to be fully committed to their impending mainnet arrangements and essential projects prior to the year’s end.
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2024-10-10 14:35