CARV Flash Node Sale Details
Hello everyone and welcome to the latest Synapse project announcement.
There is optimism on the crypto market, optimism is also slowly returning to the hearts of investors, so today we wanted to present you another, and the first of its kind on our launchpad, investment opportunity.
We are proud to announce our collaboration with CARV, a modular data layer that facilitates data exchange and value distribution across the gaming and AI sectors.
And our proposal is a License Key in the form of an NFT for Verifier Node, because only authorized verifiers possessing a License Key are entitled to engage in on-chain consensus and earn rewards.
A more detailed description of what the project is and what nodes are can be found below the schedule.
Our research team thoroughly reviewed the CARV project and team. After analyzing their documents, we took on the challenge of helping them reach their full potential during a period of extremely unpredictable market conditions, and we are pleased to present this project as the latest entry in our long list of startups.
We believe that just like our team, our community will also enjoy what this project can offer, and if there is any doubt about industry experience, we are happy to say that every member associated with the CARV project has high credentials and in full public membership.
We will be keeping our users updated in the coming weeks about our next steps and all new possible partnerships, so stay tuned to all our announcements and media channels to be ready to take part in our next launch.
Timelines:
- 20.05.2024 5 PM UTC — Whitelist start (mandatory for non-zkSNP stakers): https://gleam.io/dlbrE/synapse-network-carv-flash-node-sale
- 20.05.2024 5 PM UTC — zkSNP stakers can start to register their interest in the guaranteed allocation
- 22.05.2024 5 PM UTC — End of time for Whitelist and for interest registration
- 22.05.2024 7 PM UTC — Whitelist Announcement, publication of allocation size
- 23.05.2024 9 AM UTC — Sale Start
- 24.05.2024 9 AM UTC — Sale End
- 25.05.2024 — Return of overallocated unused funds
Sale details:
- Round — FLASH NODE SALE
- Price per NFT — 998$
- Platform allocation — 50 000$
- Gleam competition allocation — 998$
- Gleam competition — number of winners — 5
Update 22.05.2024: in the case of overallocation, additional nodes will be allocated based on the FCFS rule.
What is the CARV project and what are nodes?
CARV Protocol is a modular data layer that facilitates data exchange and value distribution across the gaming and AI sectors. It encompasses end-to-end data flow processes, including data verification, identity authentication, storage, processing, model training, and value distribution. With CARV Protocol, every individual can now own, control, verify, and monetize their data, revolutionizing how data is used and shared, by ensuring privacy, ownership, and control are firmly in the hands of individuals, pioneering a future where data generates value for all.
Verifier Node Explained
Verifier Nodes are components of the verification layer.
Verifier nodes are lightweight nodes managed by the community. They play a crucial role in maintaining the protocol’s integrity, thereby enhancing its trustworthiness and security. Currently, these nodes primarily check TEE attestations on-chain, verifying that the results are reliable and that the process maintains the privacy of user data.
Why Verifier Nodes
CARV is renowned for developing both applications and a foundational, modular data layer protocol known as the CARV Protocol. This protocol manages end-to-end data flow, including identity aggregation through CARV ID (ERC7231), data authentication (CARVLink), storage (CARV DB), processing, and AI model training. Results from these processes are posted across multiple blockchains to ensure fair value distribution.
To safeguard the security, decentralization, and privacy of this complete flow, it is critical to incorporate community-operated verifier nodes. These nodes scrutinize the outcomes at each protocol layer, ensuring integrity and compliance with set standards. Currently, these nodes are primarily focused on verifying results from the data processing and AI model training layers. Computations and model training are conducted within Trusted Execution Environment (TEE) clusters to protect user data privacy. The outcomes are then recorded on the blockchain, accompanied by TEE attestation to verify that the processes are secure and private, enabling equitable redistribution of data value among various stakeholders.
However, to prevent system manipulation and ensure a fair distribution of data value, involving a third-party to verify the TEE attestation is essential. This necessity drives our active pursuit of community participation to strengthen the protocol by operating these verifier nodes.
A single honest node can detect fraudulent activity, but achieving significant enforcement against misbehaving TEE nodes and protecting user data requires that at least half of the nodes operate honestly. Therefore, establishing a decentralized network of community nodes is crucial not only for securing the protocol but also for its scalability.
Looking ahead to Q3 2024, these nodes will take on additional responsibilities such as verifying CARV DB, an Autonomous Virtual Storage (AVS) built on Eigenlayer, to ensure reliable content storage for each operator. By Q4 2024, the scope will broaden to include securing CARV Link, an on-chain Oracle/Attestation service that seamlessly imports data from both web2 and web3 sources into the CARV protocol, thereby creating value for users and businesses. Expanding our community node base is vital to support these growing responsibilities and ensure the ongoing robustness of the CARV ecosystem.
License Key (NFT)
Anyone can operate verifiers to validate results for their own use, but only authorized verifiers possessing a License Key are entitled to engage in on-chain consensus and earn rewards.
The purchase page is set to go live shortly.
After purchasing a node license, node licenses will be distributed as an NFT to the purchase wallet of the user. Only the wallet with the node license can then operate the node and earn tokens as rewards.
Node licenses are initially non-transferable.
Full information about the project and nodes can be found here:
On our part, we thoroughly reviewed the project, team, roadmap, and all documents related to the project and had many fruitful meetings — we believe in this project. In addition to the link above, you can also find all information on our research page.
And visit their website: CARV
For more information:
And always remember to not invest before you DYOR about the project!
What does the investment process look like?
There are two options for this:
- having tickets for the platform (guaranteed allocation).
- winning the Gleam competition, which is open to everyone. Here 10% of the investment pool is allocated to the winners. There is no overallocation here — it is reserved for our stakers.
For both options, you need to pass the KYC process.
We give everyone the opportunity to reach the required tier for investment until the end of the registration. Everyone has to enter the platform and express interest in participating in the investment before this date.
How can you invest?
You will be able to invest in 15 networks (more networks to come soon):
- zkSync
- Ethereum
- Binance Smart Chain
- Polygon (Matic)
- Avalanche
- xDAI
- KCC
- Fantom
- OEC
- Arbitrum
- Harmony
- Moonriver
- Cronos
- IoTeX
- Optimism
You will be able to invest with multiple stablecoins:
- USDC
- USDT
- fUSD
About Synapse Network
Synapse Network is developing a cross-chain investment and start-up acceleration ecosystem based on blockchain technology to give everybody an equal chance to contribute to great upcoming projects and to do so early on. We are bridging the gap between the traditional & crypto markets. The idea of the Synapse Network technology goes beyond the standard offer of launchpads available on the market, becoming a true technological brand providing tech solutions.
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