Introducing $CARV: The Token Revolutionizing Data Ownership in Gaming, AI, and Beyond

6 min read1 day ago

As the gaming and AI sectors continue to evolve, CARV emerges as a critical player with a mission to revolutionize how data is owned, shared, and monetized across industries. Central to this vision is the $CARV, a governance token designed to empower users and shape the future of CARV’s ecosystem.

What is $CARV?

$CARV is more than just a token; it empowered decentralized data for all in the age of AI.

$CARV is the native utility token of the CARV ecosystem, used as a medium of exchange within its platform. It empowers players or individuals to truly own, control, and monetize their data, powers the underlying data infrastructure to enable privacy-preserving data consumption starting with gaming and AI players, and allows participation in the governance of the ecosystem’s development. For more on token utilities, follow here.

What is veCARV?

veCARV is a non-transferable, locked version of $CARV on Arbitrum Network. It provides users with enhanced voting power, giving them the ability to participate in key governance decisions that shape the future of the protocol. The “ve” stands for “voting escrowed,” indicating that veCARV holders are committed to long-term staking, which in turn boosts their influence in decision-making processes. For more on one application of this innovative design, “CURVE model for gaming”, visit Messari’s Initiation of Coverage here.

What is veCARV(s)?

veCARV(s) operates similarly to veCARV but exists on the Base network. Like its Arbitrum counterpart, veCARV(s) is non-transferable and enables users to participate in governance decisions and is currently limited to snapshots for voting purposes. This ensures that users with veCARV(s) can still exercise governance rights but are not involved in other utility activities such as staking rewards or additional benefits.

Airdrop Principles: Why We Don’t Disclose Specific Allocation Values

At CARV, our approach to airdrops is grounded in the principle of fairness. However, as the leader of a well-known L2 project once noted, “Our goal is to achieve fairness, but we understand that it’s impossible to satisfy everyone.” In line with this, we aim to provide a balanced distribution that rewards users for their contribution while ensuring long-term ecosystem sustainability.

We deliberately avoid disclosing specific allocation numbers for several reasons. First, withholding these details prevents potential gaming of the system and reduces speculative behavior that could harm the ecosystem’s stability. Second, our airdrop strategy is designed to reward genuine participation and long-term commitment, rather than short-term profiteering. Many groups of users have played pivotal roles in making CARV what it is today, and we’ve taken the time to ensure all are considered in a well-balanced way. Revisit season 1 announcement here for the majority of considerations.

How to Claim $CARV Airdrop

Step 1: go to https://airdrop.carv.io/ and Connect Wallet to sign in.

Step 2: Check Your Eligibility to see if your wallet address qualifies for the airdrop.

If you qualify for the airdrop, you’ll see a congratulations message. Click Claim Your $CARV to view your $CARV airdrop amount and withdraw it to your wallet.

Step 3: You will see a detailed list of your contributions, including the amount of $CARV and veCARV you are eligible to claim. You can choose to claim them to your wallet now or start staking with a 3x boosted APR, plus receive special Airdrop S2 NFT rewards.

Step 4: After successfully claiming your $CARV, you can either transfer to exchanges or stake your $CARV to earn even more rewards. You can also share the CARV Airdrop page with diamond hand. $CARV will give away decentralized communities, reinforcing our commitment to community-owned infrastructure and moving away from centralized control. Eligable ones can also invite your friends to receive an additional 10% reward for your claim. To be eligible for $CARV rewards, you must be the active traders or the biggest holders within these vibrant communities. The first batch of communities is:

Pudgy Penguins (ETH): 0xBd3531dA5CF5857e7CfAA92426877b022e612cf8
Persona (ETH): 0xbAbaFdd8045740449a42B788a26E9b3A32F88aC1
Sproto Gremlins (ETH): 0xEeca64ea9fCf99A22806Cd99b3d29cf6e8D54925
Milady (ETH): 0x5Af0D9827E0c53E4799BB226655A1de152A425a5
Project AEON (ETH): 0xc374a204334d4Edd4C6a62f0867C752d65E9579c
$DEGEN (Base): 0x4ed4E862860beD51a9570b96d89aF5E1B0Efefed

Step 5: Stake your $CARV to get 3x boosted APR rewards!

Season 1 Airdrop Range

Claim Page

Staking $CARV Mechanism

Stake $CARV to earn 3x APR returns and veCARV(s)

CARV Airdrop: Season I/II/III

The CARV Airdrop is divided into three seasons, accounting for a total of 10% of the token supply. This phased approach ensures a steady and thoughtful distribution to early supporters and long-term contributors. Here’s a breakdown of the allocation:

Season I: 4% of the total supply will be distributed at the time of TGE (Token Generation Event). This initial airdrop rewards early adopters and participants who have supported the project from its inception.
Season II: 3% will be released during the second airdrop phase, giving more opportunities for the community to further engage and participate in co-building the ecosystem.
Season III: The final 3% will be distributed in the third phase, ensuring that even as CARV keeps growing, there will still be room for additional contributors to benefit.

It is important to note that the rewards of Season II and Season III Airdrop are specifically reserved for users who demonstrate active involvement in the CARV ecosystem. Eligible activities include:

Staking $CARV & Participation in Governance: Community can stake their tokens to earn additional rewards, governing and fostering a culture of long-term commitment to the CARV network.
Contributions to the Network: Participation in Verifier Node Operations and data contribution for Gaming, AI and beyond to enhance the network’s decentralization and security.
Engaging in Infinite Play: Participation in Infinite Play to contribute to the platform’s growth and escrow the broader gaming ecosystem while earning rewards.
CARV Pass: Engaging with the CARV ecosystem through the CARV Pass unlocks exclusive features and benefits, making users eligible for rewards.
More Activities: The CARV team will continue to introduce new initiatives and community events that allow participants to earn rewards, ensuring that the ecosystem remains dynamic and rewarding for users.

Through this approach, CARV aims to create a sustainable, long-term token distribution model that rewards dedication, loyalty, and contribution to the community. The phased release ensures that $CARV retains its value and remains a meaningful asset for the community.

Disclaimer

The information contained herein is provided solely for general informational purposes and does not constitute financial, legal, or investment advice. The $CARV token is a digital asset, and its value, functionality, and use within the CARV ecosystem may fluctuate or be modified over time. Participation in the token economy, including airdrop programs, is subject to CARV’s applicable terms and conditions and must comply with all relevant legal and regulatory requirements. Prospective participants are strongly advised to conduct their own due diligence and seek independent advice from licensed financial advisors or legal counsel prior to engaging in any investment, trading, or governance-related activities. CARV Foundation disclaims any and all representations or warranties regarding the future performance, value, or viability of the $CARV token. Furthermore, the use of $CARV tokens, as well as participation in governance or voting mechanisms, may involve risks inherent in blockchain technologies and digital assets, which participants will assume at their own risk.