About Vanar Chain (VANRY)
Vanar Chain and its token, VANRY, represent a groundbreaking shift in the landscape of digital currencies. As the digital offshoot of the Virtua metaverse platform, Vanar Chain (VANRY) has transitioned from its origins to carve out a formidable presence in the crypto sphere.
This transition is not just a rebranding but a strategic pivot towards leveraging blockchain technology’s vast potential across various sectors, primarily gaming, entertainment, and brand solutions. The shift from Virtua and its original token, TVK, to VANRY signifies a broader vision—one where Vanar Chain (VANRY) acts as the cornerstone of a Layer 1 blockchain designed for tangible, real-world applications and adoption.
For more information, visit the official website of Vanar Chain (VANRY) at https://vanarchain.com/en/
Challenges, Opportunities, and Utilities
Vanar Chain strives to achieve real-world adoption by focusing on sectors that are ripe for transformation through blockchain technology such as gaming and entertainment. This is aimed to overcome limitations often associated with digital currencies, so that the VANRY token is not just an asset for trading but also a gateway to various applications and services with real utility.
Vanar Chain also tries to provide an integrated suite of platforms such as Virtua Metaverse and VGN games network to integrate blockchain technology into digital experiences and the real world in a more engaging, secure, and accessible manner. Therefore, Vanar Chain tries to address the issues of limitations in utility of digital currencies as well as lack of integration of blockchain technology into everyday life.
Some of the opportunities of VANRY are :
- Scalability and Efficiency: Vanar Chain is designed to handle a high volume of transactions efficiently, making it suitable for large-scale entertainment applications.
- Security: Vanar Chain leverages a secure blockchain architecture to ensure the safety and integrity of user data and assets.
- Interoperability: Vanar Chain aims to be interoperable with other blockchain ecosystems, allowing for seamless asset and data transfer.
- Developer-Friendly Environment: Vanar Chain provides developers with tools and resources to build innovative dApps within the entertainment industry and beyond.
Here are some of the potential utilities of the VANRY token from Vanar Chain :
- Transaction Fees: Users pay VANRY to interact with the Vanar Chain network, including making transactions, deploying smart contracts, and accessing decentralized applications (dApps).
- Staking Rewards: Users can stake their VANRY tokens to earn rewards and contribute to the security of the Vanar Chain network.
- Governance: In the future, VANRY token holders might be granted voting rights to participate in governance decisions that shape the future of the Vanar Chain.
- In-App Purchases: Some dApps built on Vanar Chain might utilize VANRY for in-app purchases or access to exclusive features.
Founder and Investors Vanar Chain (VANRY)
Vanar Chain (VANRY) was founded by Jawad Ashraf and Gary Bracey.
Jawad Ashraf, who is currently the CEO of the company, has been making investments in the technology sector for more than 30 years. At the same time, he has founded and sold many businesses that provide solutions in areas such as anti-terrorism, energy trading, mobile gaming, virtual reality (VR). Gary Bracey, who is the president of the company, has worked in the gaming industry for more than 35 years.
Raising $2,610,000, VANRY is backed by investors such as:Hashed Fund, Woodstock Fund, NGC Ventures, Twin Apex Capital.
Crypto Asset Ranking Information
As of July 1, 2024, the CoinMarketCap ranking of Vanar Chain (VANRY) is #236, with a market cap of USD 208,058,652. It has a circulating supply of 1,447,336,784 VANRY and a maximum supply of 1,622,751,040 VANRY
How to Buy Vanar Chain (VANRY) on INDODAX
Now that you’ve discovered more about Vanar Chain (VANRY), you can start investing in Vanar Chain (VANRY) easily and securely on INDODAX.
You can access INDODAX via the INDODAX Mobile App, which can be downloaded from the App Store or Google Play Store, or by visiting the INDODAX website.
To buy Vanar Chain (VANRY) crypto asset on INDODAX, follow the steps below:
- Register on INDODAX if you are not yet an INDODAX Member or login to your INDODAX account
- Then, deposit by reading how to make a deposit below
- After making a successful deposit and the balance has been credited to your INDODAX account, visit the INDODAX market
- Search for VANRY in the IDR market, and click to visit the crypto asset page
- On the crypto asset page, enter the balance and desired VANRY purchase price, or buy instantly at the current price
- Next, you should wait for the price to increase for some time
- Once the price increases, your assets can be sold at a higher price with the Instant method
- If you use the Limit method to sell, make sure to place a sell order after purchasing the asset and enter a higher sell number
INDODAX also offers other features than trading, such as INDODAX Earn which allows you to lock crypto assets and earn interest rewards, and INDODAX OTC for large crypto transactions in a more personalized and secure way.
Let’s invest in Vanar Chain (VANRY) on INDODAX now!