According to ChainCatcher, blockchain data protocol CARV announced the launch of a $50 million accelerator program, CARV Labs, to fund a decentralized data ecosystem.

In addition to direct financial support, CARV Labs will also provide marketing and growth support, token economic advisory services, community building, and priority infrastructure and tool support from CARV network partners.

The program has currently received investment from blockchain venture capital funds such as HashKey Capital and Consensys. In addition, BANANA, the first project incubated by CARV Labs, is built on the TON ecosystem and has attracted more than 8 million users and more than 1 million daily active users.