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CARV Launches Alphanet: $35M Node Sale Propels Decentralization Milestone

CARV Launches Alphanet: $35M Node Sale Propels Decentralization Milestone

Santa Clara, USA, July 1st, 2024, Chainwire

New Initiative to Scale Network and Reward Node Operators with Airdrops and Voting Rights

CARV, the largest modular data layer for gaming and AI, today announces the launch of its Alphanet, run by the 38,000 verifier nodes distributed to its community worth $35M. This marks a significant step towards CARV’s goal of true decentralization and user-owned data future.

Nodes empower the CARV community as stakeholders, enabling users to own, control, and monetize their data while enterprises can innovate based on high-quality information. With the launch of Alphanet, node operators can test run the network, playing a crucial role in preventing system manipulation and enhancing overall security through two-staged smart contract verification. As reported by CoinDesk, by putting the keys to validating and securing data flows into the hands of its rapidly growing community, CARV is evolving into a truly decentralize, scalable protocol layer, where the seamless onboarding of high-quality games, gamers, and applications seeking a secure, decentralized data environment is possible.

From June 28, users can already download and operate Node Operation software. Starting July 1, node owners can start running nodes on Alphanet and potentially earn test rewards. Contribution to data validation on the Alphanet is correlated to rewards on mainnet launches. 25% of the total token supply is reserved for verifier rewards. This economic incentive closely aligns the protocol’s long-term success with the community’s vested interests.

“From our successful node distribution to today’s alphanet launch, we are rapidly progressing towards a more decentralized and scalable network,” said CARV Co-Founder Victor Yu. “Our community’s overwhelming participation represents a powerful mandate: people are ready for an open data frontier that generates value for users rather than corporations extracting it. With this significant milestone achieved, we can accelerate building the world’s most vibrant data ecosystem.”

The Alphanet launch further builds on CARV’s momentum from forging high-profile partnerships. Most recently, CARV announced its partnership with double jump.tokyo Inc., the trailblazing Japanese Web3 gaming company and primary developers behind Oasys, the leading layer-1 blockchain purpose-built for…

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