Business News Report Technology
May 03, 2024

CARV Announces Partnership With Aethir To Decentralize Its Data Layer And Distribute Rewards

In Brief

CARV partnered with Aethir to decentralize its data layer and enable mutual incentives between the communities of both platforms.

CARV Announces Partnership With Aethir To Decentralize Its Data Layer And Distribute Rewards

Modular data layer for games and AI, CARV partnered with Aethir, a cloud computing infrastructure platform, to decentralize CARV’s data layer and enable mutual incentives between the communities of both platforms.

As part of this joint effort, CARV plans to incorporate Aethir’s cloud technology. The new integration provides the 2.5 million users of CARV Play with the platform to stream and engage with games directly without necessitating substantial computational resources.

Moreover, with the partnership, CARV will enhance the decentralization of its data layer. Alongside leveraging a substantial variety of verification nodes to achieve decentralization, CARV plans to collaborate with Aethir’s GPU to supply data sources and computational capacity for AI, simultaneously prioritizing the protection of privacy and AI model parameters.

The partnership will involve the reciprocal exchange of community incentives between the two entities. Additionally, CARV users will have the option to partake in the Aethir token allocation.

Aethir operates as a cloud computing infrastructure platform, transforming the ownership, distribution, and utilization methods of enterprise-grade GPUs. The platform primarily focuses on optimizing GPU usage for compute-intensive fields and applications, encompassing primarily AI, ML, as well as cloud gaming.

CARV Raises $10M To Advance Its Modular Data Layer

CARV’s modular data layer serves gaming and AI, intending to transform the usage and sharing of data. Its protocol is crafted to facilitate data exchange and value distribution within the gaming and AI sectors. It covers the full spectrum of data flow processes, encompassing tasks such as data verification, identity authentication, storage, processing, model training, and value distribution. The protocol is incorporated with nearly 40 blockchain ecosystems. Additionally, CARV offers CARV Play, its gaming platform and super-app.

Recently, CARV raised  $10 million in a Series A funding round led by Tribe Capital and IOSG Ventures, Consensys, OKX Ventures, Fenbushi Capital, No Limit Holdings, among various other investors.

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

More articles
Alisa Davidson
Alisa Davidson

Alisa, a dedicated journalist at the MPost, specializes in cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.

Hot Stories
Join Our Newsletter.
Latest News

The Calm Before The Solana Storm: What Charts, Whales, And On-Chain Signals Are Saying Now

Solana has demonstrated strong performance, driven by increasing adoption, institutional interest, and key partnerships, while facing potential ...

Know More

Crypto In April 2025: Key Trends, Shifts, And What Comes Next

In April 2025, the crypto space focused on strengthening core infrastructure, with Ethereum preparing for the Pectra ...

Know More
Read More
Read more
May 2025 in Blockchain: Key Updates and What’s Coming Next
Digest Business Markets Technology
May 2025 in Blockchain: Key Updates and What’s Coming Next
May 30, 2025
May 2025 in Crypto: Projects That Mattered Across Blockchains
Digest Business Markets Technology
May 2025 in Crypto: Projects That Mattered Across Blockchains
May 30, 2025
Crypto Partnerships Power Up: Coinbase, Binance & Bitget Lead the Charge
Digest Business Markets Technology
Crypto Partnerships Power Up: Coinbase, Binance & Bitget Lead the Charge
May 30, 2025
The Next Wave of Crypto: An Exclusive Podcast with Yat Siu
Hack Seasons Interview Business Markets Technology
The Next Wave of Crypto: An Exclusive Podcast with Yat Siu
May 30, 2025