CARV Node Sale: Project Introduction — Part 1

Node Hodler
3 min readMay 9, 2024

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This article is meant to provide an overview of the project and to help you make an educated decision on whether to invest your hard-earned money in it. There will follow another article that will focus on the token sale details (prices, estimated rewards, and so on).

There is also a project overview based on these articles on YouTube

CARV Protocol is a modular data layer that facilitates data exchange and value distribution across the gaming and AI sectors. It encompasses end-to-end data flow processes, including data verification, identity authentication, storage, processing, model training, and value distribution. With CARV Protocol, every individual can now own, control, verify, and monetize their data, revolutionizing how data is used and shared, by ensuring privacy, ownership, and control are firmly in the hands of individuals, pioneering a future where data generates value for all.

Current Numbers and Successes:

  • 2.5M+ registered users (source);
  • 900K CARV ID (ERC7231) unique holders on-chain (source);
  • Sustains 1M+ Monthly Active Users (MAU) (source);
  • 🥇 Recipient of the BNBChain Incubation Program (source).

Investors

source — https://blog.impossible.finance/carv-research-report/

From this impressive list of investors, it will be nice to highlight the following:

  • ConsenSys (Behind Metamask, Linea);
  • Temasek Holdings Vertex Ventures (Investor of Binance, Grab, etc);
  • MARBLEX, YGG, and The Sandbox (Gaming Studios).

Twitter Score: 24 (normal)

source — https://twitterscore.io/twitter/carv_official

Team

Founders:

  • Victor Yu (Cofounder at CARV | Ex-McKinsey | Harvard on leave)
  • Clo G (Cofounder of CARV)

One important thing to mention is that they are still growing their team. Here is the careers page from their website:

Tokenomics

The total supply of $CARV will be 1,000,000,000 and will become accessible over four years, starting at the time of the Token Generation Event. The initial four-year post TGE allocation of the total supply of $CARV is as follows:

  • Nodes & Community- through various means to reward our community for their efforts in contributing to the project’s success. — 50% (500,000,000 $CARV tokens)
  • Ecosystem & Treasury — Treasury holding of $CARV tokens — 9% (90,000,000 $CARV tokens)
  • Early Investors — seed and early strategic investors in CARV who are willing to company the project in the long run — 10% (100,000,000 $CARV tokens)
  • Private Fundraising — series A and thereafter investors in CARV that participate in private fundraising — 10% (100,000,000 $CARV tokens)
  • Founding Team & Advisors — rewarding the core founding contributors and advisors for their full-time effort to the project’s success 17% (170,000,000 $CARV tokens)
  • Liquidity — tokens allocated to provide liquidity — 4% (40,000,000 $CARV tokens)

As mentioned earlier, this article was meant to provide an overview of the project and to help you make an educated decision on whether to invest your hard-earned money in it. There will follow another article that will focus on the token sale details (prices, estimated rewards, and so on).

Also, if you want to secure a promo code, I will be honoured if you use mine for a 🏷️ 10% discount: https://node.carv.io/?code=nodehodler 🏷️

Project Links:

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