CARV Announces $50 Million Accelerator Program to Deploy Data Protocol
A $50 million accelerator program focused on promoting innovation in decentralized data infrastructure was launched by CARV, a blockchain data protocol created for AI and gaming enterprises, on Thursday. The program, known as CARV Labs, will assist start-ups in developing ideas that have the potential to spread the use of CARV’s data protocol. Selected companies will receive money, technical help, and industry connections from CARV Labs, which is supported by well-known blockchain venture capital firms including HashKey Capital and Ethereum software company Consensys.
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-product market fit.
CARV co-founder Victor Yu
CARV Expands Blockchain and Gaming Ecosystem with Banana Game Reaching 10 Million Players
Since its launch in late July, 10 million players have played Banana, the idle game developed as a Telegram mini app within The Open Network ecosystem and the first incubated initiative of CARV Labs. Like the similarly named but unrelated PC game, Banana allows players to tap to gain points and uncover a range of colorful and unusual fruit prizes. According to CARV, Accelerator has several gaming-related partners, such as Xterio, and Doublejump.tokyo, Intella X, and Marblex, a Netmarble affiliate.
The accelerator news comes after IOSG Ventures and Tribe Capital led CARV’s $10 million Series A fundraising round in April. The company, which has so far raised $50 million, serves 9.5 million registered players across more than 40 blockchain networks and interfaces with over 900 game and AI firms.
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