Intella X invests in CARV Verifier nodes to boost gaming ecosystem

Intella X, a leading contender in the Web3 gaming space, has recently made a statement by investing in CARV’s Verifier nodes. Venture capital firms, including Temasek’s Vertex Ventures, ConsenSys, Animoca Brands, Tribe Capital, HashKey Capital, and OKX Ventures, co-founded CARV to construct one of the largest modular data layers for gaming and AI.  This revolutionary platform will help alter the use and application of data across different industries.

One of Intella X’s goals is to decentralize the control of CARV’s network through the creation of Verifier Nodes. These nodes are critical in maintaining the CARV protocol’s stewardship, thereby improving its reliability and safety measures. Through performing on-chain validation of TEE attestations, these nodes ensure the correctness of the obtained results and protect the privacy of users’ data.

The cooperation between Intella X and CARV extends beyond financial terms as an investment. It marks the beginning of an umbrella strategic partnership for a full-spectrum gaming industry and outreach. Intella X and CARV will explore the potential integration of Intella X Wallet and CARV ID, allowing gamers to manage their Web3 assets and identity within the company’s games on the Intella X platform with NEOWIZ.

Moreover, the holders can also earn CARV’s Staked token through Infinite Play, which is in the selected games that are soon integrated with Intella X, in-game missions, or becoming the CARV Verifier nodes. This Staked token can be redeemed for $CARV after a particular TGE. The two ecosystems are also being enhanced through the development of new co-marketing strategies in partnership.

Speaking about the partnership, Victor Yu, one of the co-founders of CARV, said that he and his team are thrilled to welcome Intella X and NEOWIZ, a leading company in the gaming industry, to the CARV community. This investment also supports our vision of building a place where gamers will own their data and in-game items as actual assets that they can sell.

Jose Ko, the CEO of Intella X, was equally enthusiastic and affirmed that his company would also stake in nodes to contribute to CARV’s decentralization of the network. He also emphasized their ongoing commitment to enhancing partnerships with CARV to expand Intella X’s Web3 gaming environment.

Intella X’s decision to invest in CARV is a game-changer for the Web3 gaming industry. In this synergy of efforts, both companies seek to improve the gaming experience while leveraging their capabilities and offering users full data sovereignty. Intella X anticipates that by embracing CARV, it will be better suited to integrate a strong data layer to track users’ behavior across multiple Web2 and Web3 applications, games, and devices.

The innovative and forward-thinking attitudes of Intella X and CARV are evident in their collaboration, which is in line with the development and evolution of the gaming sector. The future of gaming is being influenced by these two companies and others who are collaborating to establish a more user-friendly environment. This not only strengthens their respective ecosystems, but it also lays the groundwork for industry data ownership and protection. Built on CARV’s cutting-edge data platform, Intella X is poised to lead Web3 gaming’s future, enhancing gameplay and opportunities for players worldwide.

Roxanne Williams

Roxanne Williams has recently joined as a market reporter for CryptoNewsZ - the 24/7 crypto news site, where she produces recent stories, technical analysis and price updates on world's leading cryptocurrencies.

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