The team at digital asset firm OKX is announcing a strategic investment in CARV, which is described as one of the largest modular data layers for Gaming and AI.
OKX noted in a blog post that they’re making their new investment in CARV, the largest modular data layer for gaming and AI.
By participating in the $10 million Series A investment round led by Tribe Capital and IOSG Ventures, OKX Ventures is pleased “to support CARV’s journey as they continue to innovate and lead in the intersection of gaming and data.”
CARV Protocol is said to be “a modular cross-chain data layer encompassing components for authentication, storage, processing, and monetization.”
Adhering to the ERC-7231 standard recently greenlit by the Ethereum Community, CARV ID aggregates “over 1 million users’ Web2 and Web3 identities, promoting data self-sovereignty.”
CARV Play is the cross-platform credentialing system and said to be “the largest Web3 gaming distribution and social platform.”
With its average daily active wallet count exceeding 500,000 over the past quarter, CARV Play is reportedly “among the top three most active ecosystems on chains like Linea, opBNB, zkSync, and Ronin, offering an enhanced gaming experience for 2.5 million gamers to share data, build credentials, play games, and earn rewards.”
About 30% of all existing web3 games have already “been onboard onto the platform, from MARBLEX and Shrapnel to Off the Grid, Pixelmon, and Pixels.”
Looking ahead, CARV is preparing to launch its node sale, aiming “to enhance decentralization and bolster trustworthiness across every layer of its protocol.”
As covered, OKX is pleased to announce that they’ve added support for Runes, a new fungible token standard by Casey Rodarmor, a former Bitcoin developer and artist, following the recent Bitcoin halving.
With this addition, OKX users can now reportedly “create, mint, manage and trade Runes on our Marketplace.”
In the wake of the Bitcoin halving, OXX claim they are the first platform “to offer zero-fee Runes trading on mobile.”
As part of this launch, the initial Runes tokens “available to trade on their OKX Marketplace include UNCOMMON.GOODS, PUPS and WZRD.”
Runes stands out in “an era characterized by the proliferation of digital tokens due to its unique UTXO-based structure.”
