Today the AlterVerse team announces a new strategic partnership with Carv.io! Carv aims to build a user-owned gaming identity that enables achievement display, friends & games discovery, direct monetization, and can be brought anywhere.

The Carv storefront has been built out in Sky City. AlterVerse players are able to stop by the building, discover new games, boast about their achievements with friends, and monetize their own gaming identities.

Carv is a decentralized autonomous organization (DAO) with the mission to build a player-owned gaming identity that enable achievement display, friends & games discovery, as well as direct monetization.

Carv empowers games and guilds to accurately distribute and launch incentive campaigns to players.

Carv: verb.

1. record gaming achievements on the blockchain;

2. hone gaming skills and challenge oneself.

While there is an exciting future ahead for gaming in web3, the semantic, decentralized and permissionless web, we observe challenges faced by all stakeholders. To start, each game is an individual ecosystem and there’s no shared recognition of each player’s identity or accomplishments across games.

According to Carv, the Reputation Problem has Different Entailments for Stakeholders Across the Gaming Ecosystem

• For players: they cannot leverage their track record for preferential status in initial NFT offerings (INOs) or scholarship selection processes in competition with bots or system-gamers, which limits their earning potential. What’s more, without an integrated Web3 identity, smart recommendation to games that might interest the player, and the potential to improve gaming skills or to balance portfolio of digital assets are completely lost.
• For game studios: without a credible reputation system or mature game distribution service, the long-term sustainability and potential of a thriving ecosystem can be undermined by unchecked market manipulation from whale users, deal-hunters with bots and scripts and other negative factors. This inevitably disappoints real players, shortens the games’ life span, and degrades user trust in the entire Web3 system.
• For guilds: scholarship selection today is manual, relying heavily on scholars’ statements. This process is inefficient without a standardized achievement system and leads to high scholar churn. In addition, without mechanisms in place for subsequent scholarships to reference past performances, the gig nature of scholarships does not incentivize players to maximize their potential.

The Benefits of ‘Carv Protocol’ and Carv.io are as Follows:

• For players: with all this information in one place, players are able to clearly review their achievements and footprints in gaming, mint them into SBTs, and unlock SBT-gated benefits across games. There’s also an SBT-based game sharing community for more genuine and efficient game discovery. Furthermore, the SBTs showcasing players’ most proud gaming memories will be connected via a middleware plug-in to other Web2 or Web3 social spaces, allowing users to socialize with their credentials.
• For game studios: game studios can leverage the achievement APIs of ‘Carv Protocol’ to easily launch any kinds of campaigns or advertisement accurately to players. For example, games can design a growth path for players and reward them with NFT badges and other benefits for better retention. With ‘Carv Protocol’, game distribution is made possible to target more valuable users rather than speculative ones to participate in INOs and downloads, and eventually grow more sustainable communities.
• For guilds: gaming guilds can select scholars based on their past performances in different games with different guilds, which adds accuracy and fairness to the selection process. Moreover, with a hard evidence of their accumulative performance, players will push themselves to build their best ‘resume’ that they can carry around and getting them perks across games. In the meantime, guilds maximize their profits.

Strong Partnership with AlterVerse

Built with Unreal Engine 5, AlterVerse is an immersive metaverse gaming experience. Players can buy land, build, shop, socialize, gather resources, craft non-fungible tokens (NFTs), trade items, & play-and-earn in many ways.

The AlterVerse team has successfully completed Season 4 of the Binance Labs Incubation Program. This exclusive, flagship incubator program included eight weeks of guided mentorship from a wide range of experts, introductions to an extensive network of industry leaders, and holistic support around regulatory/legal advice, recruiting, technical execution, PR, marketing, and more.

We’re excited to see where this long-term partnership will take us both!

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