IF We will lOOK iNTO Vanar Chain's story, the story begins with Virtua, a project launched in 2017 focused on a gamified metaverse experience.156ccf Initially known as Terra Virtua Kolect with the token TVK, it emphasized NFTs, virtual reality, and entertainment ecosystems. By 2023, however, the team recognized the constraints of this niche amid shifting market priorities—namely, the convergence of blockchain with AI and real-world applications. This led to a rebranding to Vanar, accompanied by a 1:1 token swap from TVK to VANRY.The transition was more than cosmetic; it signaled a broader ambition to build a carbon-neutral, EVM-compatible Layer 1 optimized for mainstream adoption.
It was founding by Gary Bracey and Jawad Ashraf, with Ashraf serving as CEO, the team brings decades of experience in gaming, VR, and metaverse development.Bracey, a co-founder, has a track record in digital entertainment, while MR Ashraf's leadership has steered the project toward AI-centric innovations.IN Recent additions, such as Saiprasad Raut as Head of Payments Infrastructure in December 2025, underscore a focus on bridging traditional finance with crypto. This evolution reflects a pragmatic response to industry cycles: from the NFT boom of 2021 to the AI surge post-2023, Vanar has adapted without overextending, prioritizing utility over speculation.Mr9 signing off👊
