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Carv: Institutional Report

3 min readResearch

Carv: Institutional Report

Carv: Abbreviated Introduction

Carv is a free-to-all ecosystem consisting of a protocol, a Web3 gaming credential display platform, and scholarship, Initial NFT Offering (INO), a DAO for decentralized decision making, treasury conservation, and inclusive growth stimulation, and a community for expansion and hangouts. 

The global gaming market is showing tremendous growth potential—current forecasts for the sector point to a staggering market value of $287 billion by 2026. After investing only $80 million in 2020, VCs have invested a whopping $4 billion in blockchain games in 2021. 

Carv aims to take the Web3 gaming ecosystem to the next level by building: 

  • Gamer credential infrastructures, 
  • Middleware tools, 
  • A multi-sided platform,  

The Carv DAO also aspires to bridge Web2 gamers to the Web3 gaming ecosystem, maximizing value to players, game developers, guilds, and investors. The platform will provide a broader audience base for new games to leverage. 

In April 2022, Carv launched its core product: 

ARC is the utility token of the Carv ecosystem. The total supply of ARC is finite: 1,000,000,000 tokens will become accessible over five years. The first mint took place on October 31st, 2021. 

Carv originated from Cohort 1 of Cypher – Wharton Accelerator, University of Pennsylvania. 

The gaming platform has more than 20 partners across blockchain companies. Its most recent partnership was with Avocado DAO.  

Carv has achieved a large number of followers across social media. Its Discord server, a central element for community engagement – has reached more than 40k members. On Twitter, Carv has 53k followers. 

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