The transition from Virtua ($TVK) to Vanar Chain ($VANRY marks a significant strategic pivot from a specialized Metaverse platform to a fully-fledged Layer 1 blockchain. Originally known as Terra Virtua, the project focused on digital collectibles and immersive gaming environments on the Ethereum network. However, to overcome high transaction costs and scalability issues, the team launched Vanar Chain—a high-speed, eco-friendly, and carbon-neutral blockchain specifically designed for mainstream entertainment and gaming brands. This evolution allows the ecosystem to move beyond being just a platform to becoming the underlying infrastructure for a new generation of Web3 applications.
The migration involved a 1:1 token swap, where the old $TVK tokens were replaced by the new native $VANRY tokens. Unlike its predecessor, $VANRY serves as the primary fuel for the entire Vanar network, used for transaction fees, staking, and governance within the ecosystem. By launching its own mainnet, Vanar has positioned itself to compete with other major blockchains by offering lower fees and specialized tools for developers in the AI and gaming sectors. This rebranding represents more than just a name change; it is a commitment to building a scalable, sustainable future for digital ownership and decentralized entertainment.
