Vanar Chain (VANRY) is a first-layer blockchain aimed at serving mainstream applications such as gaming and entertainment. Its core goal is to lower the barrier of entry for Web3, attracting billions of users.
📝 Key Information Overview
To give you a quick understanding, here are its core details:
1. Project Origin and Transformation
· Formerly: Terra Virtua Kolect (TVK), a metaverse project focused on digital collectibles.
· Transformation: Renamed to Vanar Chain in November 2023, token TVK exchanged at 1:1 for VANRY, shifting focus to being an underlying blockchain dedicated to gaming, entertainment, and artificial intelligence.
2. Core technologies and features
· Consensus mechanism: Adopts a unique Proof of Reputation (PoR) mechanism combined with Proof of Authority (PoA), aimed at ensuring network security and efficiency through trusted validator nodes.
· Technical foundation: Built on a mature Go Ethereum codebase, fully compatible with the Ethereum Virtual Machine, facilitating developer migration.
· Performance and cost: Pursue high speed, low latency, and predictable fixed transaction fees to support high-frequency micro-trading scenarios.
· Environmental advocacy: Emphasizes the use of green energy, aiming for a zero carbon footprint.
3. Ecosystem and products
· Core products: Includes the Virtua metaverse platform (in collaboration with IPs like movies and sports) and the Vanar Gaming Network, providing a complete SDK for game developers.
· Development vision: Positioned as an 'AI native Layer 1 blockchain', aiming to provide underlying infrastructure for the AI economy.
4. Tokens and economic model
· Token name: VANRY
· Core functions: Used for paying network transaction fees, participating in staking, governance voting, and incentivizing the ecosystem.
· Supply data: Maximum supply of 2.4 billion tokens, current circulating supply approximately 1.96 billion tokens.
· Market data (as of January 21, 2026): Market cap approximately $17.9 million, 24-hour trading volume approximately $9.23 million.
⚠️ Key points and potential risks to pay attention to
While understanding its vision, also note the following points:
· Radical strategic transformation: The project has completely shifted from 'metaverse collectibles' to 'AI underlying public chain', a significant transition. This fundamental reshaping means that development routes, technical focuses, and community goals may undergo significant changes, and its ultimate success remains uncertain.
· Challenges in implementing technical concepts: 'Proof of Reputation' and 'AI native chain' are quite innovative concepts, but whether they can achieve the expected results in large-scale, high-security practical applications still requires long-term validation.
· Intense market competition: There are many competitors in the public chain space, and Vanar Chain needs to establish a sufficiently strong developer ecosystem and unique advantages in its focused entertainment and AI fields to stand out.
🔍 How to conduct independent research
If you want to further evaluate this project, it is recommended to conduct the following independent research:
1. Track official progress: Visit the Vanar Chain official website to review the latest technical documents, roadmap, and audit reports.
2. Analyze on-chain data: Use a blockchain explorer to check its actual on-chain transaction numbers, active address counts, and ecosystem application (DApps) data to assess its real adoption rate.
3. Research team background: Gain insight into the core team (founders Jawad Ashraf and Gary Bracey) and their past experiences and achievements in the gaming and technology fields.
4. Evaluate the community and partners: Observe community activity and verify the specific cooperation content and depth of promoted partners (such as the NVIDIA Inception program).
If you are more interested in a specific aspect (such as technical details, a particular ecosystem project, or want to understand its competitors), I can provide more specific information.