Vanar Chain

price
change

Discover Vanar Chain's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Vanar Chain?

Vanar Chain (VANRY) is a decentralized Layer 1 blockchain ecosystem focused on real-world adoption, particularly in the sectors of gaming, entertainment, and brand solutions. It incorporates various products, including Virtua Metaverse and VGN games network, and is powered by the VANRY token. The project aims to provide real utility and seamless integration into daily life, leveraging blockchain technology to create a comprehensive suite of applications and services.

How is Vanar Chain used?

Vanar Chain (VANRY) is a Layer 1 blockchain ecosystem designed for real-world adoption, particularly in the sectors of gaming, entertainment, and brand solutions. The VANRY token is the native token of this ecosystem and serves several key functions:

  1. Payment: VANRY tokens can be used for payment purposes within the ecosystem.

  2. Gaming and Metaverse: Vanar Chain powers platforms like Virtua Metaverse and the VGN games network, which offer immersive experiences that integrate gaming, entertainment, and blockchain technology.

  3. Smart Contract Operations: VANRY tokens are designed to facilitate smart contract operations and transactions within the Vanar Chain ecosystem, making it easier to interact with the blockchain.

  1. Staking: The ecosystem plans to implement a staking feature, which will allow users to participate in the validation process and earn rewards.

Overall, Vanar Chain (VANRY) aims to provide a seamless and practical experience, bridging the gap between digital and real-world interactions.

How do I store Vanar Chain?

To store Vanar Chain (VANRY) tokens, you need to choose a compatible wallet. Here are the steps:

  1. Obtain Vanar Chain (VANRY) tokens: First, you need to acquire VANRY tokens. You can purchase them from various exchanges or participate in airdrops to earn them for free.

  2. Select a Vanar Chain wallet: Once you have VANRY tokens, you need to choose a wallet that supports VANRY. There are several options available, including decentralized and centralized exchanges, as well as specific wallets designed for the Vanar Chain ecosystem.

  3. Set up the wallet: After selecting a wallet, follow the setup process to create an account and ensure it is compatible with VANRY tokens. This typically involves verifying your account and setting up a secure wallet to store and manage your tokens.

By following these steps, you can securely store your Vanar Chain (VANRY) tokens and manage them effectively.

How to buy Vanar Chain?

To buy Vanar Chain (VANRY) tokens, follow these steps:

  1. Choose an Exchange: Select a reputable cryptocurrency exchange that supports VANRY trading. Popular options include Binance, KuCoin, Bybit, gate.io, and MEXC.

  2. Create an Account: Register on the chosen exchange's website or mobile app. Verify your identification as required by the exchange.

  3. Fund Your Account: Deposit funds into your exchange account using methods such as credit/debit cards, bank transfers, or third-party payment channels. Ensure the exchange supports your preferred payment method.

  1. Select VANRY Trading Pair: Choose the VANRY trading pair you want, such as VANRY/USDT. USDT is a popular stablecoin often used for trading.

  2. Place an Order: Enter the amount of VANRY you want to buy and confirm the order. Be aware of the current market price and any fees associated with the transaction.

  3. Store Your VANRY: Once purchased, you can store your VANRY tokens in your exchange wallet or transfer them to a personal crypto wallet like Trust Wallet.

Remember to carefully consider your investment experience, financial situation, and risk tolerance before making any investment decisions. Cryptocurrency prices are subject to high market risk and price volatility.

Discover
Vanar Chain
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of Vanar Chain

Vanar Chain (VANRY) is a blockchain ecosystem focused on entertainment and gaming. It evolved from the Virtua ecosystem, marking a strategic shift from web3 gaming and entertainment to a broader role across diverse real-world domains. The transition from Virtua and its original token, TVK, to VANRY signifies a broader vision, where Vanar Chain acts as the cornerstone of a Layer 1 blockchain designed for tangible, real-world applications and adoption.

The inception of Vanar Chain within the Virtua ecosystem marks a pivotal evolution from a focus on web3 gaming and entertainment to a more expansive role across diverse real-world domains. This strategic evolution reflects a response to the growing need for digital currencies that offer more than just speculative value; they must provide real utility, seamless integration into daily life, and the potential to power an entire ecosystem of digital and real-world interactions.

Key Milestones
  • March 2024: Vanar Chain (VANRY) reached its highest price of $0.3188.
  • December 2023: The lowest price of VANRY was $0.0497.
  • March 2024: The VANRY token experienced a significant uptrend post-migration, underscoring the market's recognition and anticipation of its potential to redefine the scope of blockchain applications.
Historical Data
  • Price History: Vanar Chain's price history is available from December 2023, with the first exchange rate detected at $0.0584. The highest price reached was $0.3188 in March 2024, and the lowest price was $0.0497 in December 2023.
  • Market Cap and Trading Volume: Historical data for market capitalization and trading volume is also available, providing insights into the token's performance over time.
Current Status
  • Current Price: The live Vanar Chain price is $0.161195 USD with a 24-hour trading volume of $11,490,336 USD.
  • Market Statistics: The market capitalization is $236,203,444, with a circulating supply of 1,447,336,784 VANRY and a total supply of 1,622,751,040 VANRY.

Overall, Vanar Chain (VANRY) has undergone significant transformations, shifting its focus to provide real-world utility and adoption, and its price history reflects the market's response to these changes.

Discover
Vanar Chain
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How Vanar Chain works

Vanar Chain (VANRY) is a blockchain platform designed for real-world adoption, focusing on sectors such as gaming, entertainment, and brand solutions. It is built on the experience of working with these industries and aims to provide a seamless and immersive user experience. Here's how it works:

Key Components
  1. Layer 1 Blockchain: Vanar Chain is a Layer 1 blockchain, which means it is designed to be highly scalable and efficient. This allows it to handle a large number of transactions and support a wide range of applications.

  2. VANRY Token: The VANRY token is the native cryptocurrency of the Vanar Chain ecosystem. It is used to facilitate transactions, execute smart contracts, and power the various platforms within the ecosystem.

  3. Virtua Metaverse and VGN Games Network: These are two key platforms within the Vanar Chain ecosystem. The Virtua Metaverse is a virtual world where users can interact with digital content, assets, and communities. The VGN games network is a platform for gaming and entertainment, offering a range of immersive experiences.

Principles and Features
  1. Real-World Adoption: Vanar Chain is designed to be used in real-world applications, making it more than just a speculative digital asset. It aims to integrate blockchain technology into everyday experiences, enhancing security, speed, and accessibility.

  2. Comprehensive Suite of Products: The ecosystem includes a variety of interconnected platforms, ensuring that users can engage with digital content and services in a seamless and immersive manner.

  3. Partnerships for Growth: Vanar Chain has formed partnerships with AI platforms and other crypto networks to expand its use cases, enhance functionality, and ensure relevance across different sectors and user bases.

Eco-Friendly and Scalable

Vanar Chain is designed to be eco-friendly, fast, and affordable. It is carbon neutral, which sets it apart from other blockchain platforms. The native gas token, VANRY, makes smart contract operations and transactions within the VANAR Chain easier and more efficient.

Future Developments

The team behind Vanar Chain is committed to introducing new users to the web3 sector through their technology. They have announced plans to resume their pre-staking program, which will eventually lead to the implementation of a genuine staking feature. This will further enhance the security and decentralization of the network.

In summary, Vanar Chain (VANRY) is a blockchain ecosystem that combines gaming, entertainment, and blockchain technology to create a seamless and immersive user experience. Its focus on real-world adoption, comprehensive suite of products, and eco-friendly design make it a unique and promising platform in the digital currency space.

Discover
Vanar Chain
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Vanar Chain's strengths

Vanar Chain (VANRY) is a blockchain ecosystem that focuses on entertainment and gaming. Its strengths include:

  • Security, Speed, and Scalability: Vanar Chain aims to provide leading solutions in terms of security, speed, and scalability, making it a robust platform for various applications.
  • Real-World Adoption: By focusing on sectors ripe for transformation through blockchain technology, such as gaming and entertainment, Vanar Chain (VANRY) aims to transcend the limitations often associated with digital currencies and ensure real-world utility.
  • Comprehensive Suite of Products: The Vanar Chain ecosystem encompasses a variety of platforms, including the Virtua Metaverse and the VGN games network, which are interconnected components of a broader strategy to integrate blockchain technology into everyday experiences.
  • Partnerships for Growth: Vanar Chain (VANRY) has forged partnerships with AI platforms and other crypto networks, expanding its use cases, enhancing its functionality, and ensuring its relevance across different sectors and user bases.
  • Innovative Integration: VANRY distinguishes itself through its innovative integration of gaming, entertainment, and blockchain technology, creating a seamless experience that extends beyond digital novelty into practical, real-world utility and adoption.
  • Adaptability and Innovation: The transition from Virtua and TVK to Vanar Chain (VANRY) demonstrates a commitment to innovation and adaptation, qualities that are crucial for long-term success in the rapidly evolving cryptocurrency market.

These strengths position Vanar Chain (VANRY) as a formidable player in the digital currency space, with a focus on real-world utility and innovation.

Vanar Chain's risks

Vanar Chain (VANRY) is considered to have an average risk score due to its recent price movement and volatility. According to InvestorsObserver, the proprietary system gauges the risk by analyzing the money required to shift the price over a 24-hour period, along with changes in volume and market capitalization. This results in a medium Risk/Reward Score for Vanar Chain.

Additionally, there is a risk of price drops, with the possibility of a 63% decline if the EMA support level fails. This could push the price down to around $0.149 before recovering.

Discover
Vanar Chain
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did Vanar Chain raise funds?

Discover
Vanar Chain
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Vanar Chain’s team

  • Jawad Ashraf: Co-Founder and CEO, a tech entrepreneur with 30 years of experience, known for driving the tech transformation of Entertainer Dubai to a $100m exit and founding multiple businesses.
  • Co-Founder and Chairman: BAFTA-nominated games veteran with 35+ years of experience, co-founder of Virtua, a leading web3 gaming metaverse and NFT marketplace.
  • COO: 25+ years of experience, has funded, started, and built successful companies, overseeing the development and launch of 100+ games.
  • CSO: Seasoned strategist with over two decades of experience, guiding Fortune 500 companies toward the metaverse's potential.
  • CTO: Seasoned Enterprise Solution Architect, recognized expert in Digital Experience Platforms (DXP), co-founder of several blockchain projects.
  • Ecosystem Development: Blockchain economy expert with numerous exits, served as Holochain's early team member and commercial director.

Whalee AI

The fundamental analysis assistant for crypto value investors.

Vanar Chain NEWS REPORT

Latest news

Want an analysis of Vanar Chain? Tell us on discord.

Help us improve!
Tell us what you think of this page and which features you would like to see next.
OPEN FORM