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<a href="http://carv.io" target="_blank" rel="noopener noreferrer nofollow">CARV</a> is introducing a $50 million accelerator program to support initiatives that have the potential to propel the widespread adoption&nbsp;of its eponymous data protocol..
The modular data layer for gaming and artificial intelligence, which has the support of leading blockchain venture capital firms like <a href="https://consensys.io/" target="_blank" rel="noopener noreferrer nofollow">Consensys</a> and <a href="https://hashkey.capital/" target="_blank" rel="noopener noreferrer nofollow">HashKey Capital</a>, has pledged to help innovators, especially those who are actively creating the decentralized data of the future.
The accelerator, which is <a href="https://protocol.carv.io/" target="_blank" rel="noopener noreferrer nofollow">backed by the CARV Protocol</a>, aims to make it possible for users to manage and profit from their data via a dynamic, decentralized data infrastructure. In addition to funding and investments supported by top industry funds, it will provide entrepreneurs complete support in the form of go-to-market and growth assistance, professional tokenomics consultation, infrastructure and tooling tech help, and access to the company’s industry network and community.
CARV Co-Founder Victor Yu stated:
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “Our goal is to enable a decentralized data ecosystem for broader innovation. Building sustainable data infrastructure hinges on creating a dynamic data flywheel, which requires modular infrastructure and a critical mass of high-quality applications post-PMF. To push for the next hockey stick, we want to further encourage building by more players.”
</blockquote>
In addition to providing direct funding and investment, CARV Labs will prioritize infrastructure and tooling assistance from CARV and its network partners, as well as provide marketing and growth support, community development, and tokenomics advising services.
The web3 division of South Korean mobile game developer Netmarble, Intella X, the Web3 Publishing division of Global Game Developer and Publisher NEOWIZ, the crowdfunding platform <a href="https://x.com/alpha_starter" target="_blank" rel="noopener noreferrer nofollow">Alphastarter</a>, Doublejump.tokyo, the developer of the Oasys blockchain, a number of business angels, game publisher Xterio, and the Solana, NEAR, and Ronin networks are among the current industry investors scheduled to participate in the accelerator’s vertical-specific programs.
Alibaba Cloud, Arweave, Litentry, and the <a href="https://linea.build/linea-ecosystem-investment-alliance" target="_blank" rel="noopener noreferrer nofollow">Linea Ecosystem Investment Alliance</a> (LEIA) are among the other partners that will be promoting the accelerator. Later this year, <a href="https://linea.build/" target="_blank" rel="noopener noreferrer nofollow">Linea</a>, the secure&nbsp;zkEVM L2 that enables dapps to flourish, will promote a web3 gaming offer&nbsp;that will link to the accelerator.
In only 4 weeks, <a href="https://t.me/OfficialBananaBot/banana?startapp=referral=CT5REU4" target="_blank" rel="noopener noreferrer nofollow">BANANA</a>, the idle game developed on the TON ecosystem and the first startup incubated under CARV Labs, <a href="https://markets.businessinsider.com/news/currencies/8-million-and-counting-banana-sets-new-records-on-the-ton-blockchain-1033746459" target="_blank" rel="noopener noreferrer nofollow">drew over 8 million players</a>, with over 1 million daily active users, 1.8 million linked social profiles, and 73 million social activities accomplished. The quick success of BANANA is evidence of CARV Labs’ ability to stimulate creativity and increase user involvement in decentralized apps. This accomplishment establishes CARV Labs as a pioneer in the field and highlights the possibilities for other initiatives.
CARV has made over&nbsp;$5 million in revenue&nbsp;so far this year thanks to the wave of apps that are based on the protocol, and additional games and projects are in the works. The 40K validator nodes that were given to the community worth&nbsp;$35 million were used to power the company’s Alphanet, which was launched last month. As CARV develops into a completely decentralized and scalable protocol layer, the milestone was deemed significant. After a $10 million <a href="https://techcrunch.com/2024/04/25/carv-raises-10m-series-a-to-help-gaming-and-ai-firms-monetize-data/?guccounter=1&amp;guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&amp;guce_referrer_sig=AQAAAGKgMok-asxfrpmxXuLYDIHaPO0WgnBGt-_4oquNlD4wQSkcum7gr8VwDrO6L2wyxJMihYpXnBhuRJ09C5puvTiDqNzqNwE-RdOfrVAMLho_SxenoZyNKmKFUGQzdi8zmTm7t56pdqezfJx7xhJLN3JGBE-Y6WK_g2rAYEsdsqW9" target="_blank" rel="noopener noreferrer nofollow">Series A fundraising round</a> headed by Tribe Capital and IOSG Ventures in April, <a href="https://www.coindesk.com/press-release/2024/07/01/carv-launches-alphanet-35m-node-sale-propels-decentralization-milestone/" target="_blank" rel="noopener noreferrer nofollow">Alphanet</a> made its debut.
Projects in the gaming, AI, and data infrastructure domains that would want further information about the new accelerator are encouraged to get in touch via <a href="http://bit.ly/JoinCARVDiscord" target="_blank" rel="noopener noreferrer nofollow">CARV’s official Discord channel</a>.

CARV Unveils $50M Accelerator to Boost Decentralized Data Innovation

TheNewsCrypto

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