CARV, a blockchain protocol focused on gaming and AI, is taking steps to decentralize the data landscape with the introduction of verifier nodes. Currently, only a few companies have control over personal data and profit from it, without adequately sharing revenue with users who own the data. This centralized ownership poses challenges for technologies like AI, which rely on high-quality data. CARV aims to address this by giving control back to users and allowing them to own, monetize, and share data in a decentralized environment. Verifier nodes, which oversee data processing and validate transactions, will be available for purchase to whitelisted users starting from June 3. These nodes add an extra layer of security and trustworthiness to the data processing process. Running a verifier node benefits both the CARV ecosystem and its participants, as it incorporates the community into the validation process and improves security. Node operators will earn CARV’s native cryptocurrency as they verify data. In the future, verifier nodes may have additional responsibilities, such as verifying storage components and securing the CARV Link oracle service. CARV also allows users to monetize their data through campaigns that enable them to earn passive income by providing their personal data to brands. The protocol has developed an advanced version of Ethereum’s nonfungible token (NFT) standard, which links Web2 and Web3 identities and supports decentralized identity verification. CARV recently completed a Series A funding round, raising $10 million. With over 2.5 million users and integration with various blockchains, games, and AI companies, CARV aims to break down identity silos and create a user-owned internet. By involving the community in the validation process and incentivizing participation, CARV enhances the security and trustworthiness of its ecosystem, leading to more equitable and transparent data dynamics.
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