In today’s digital age, blockchain technology has taken center stage in the financial and technology industries. Among the latest projects in the blockchain world to grab attention is Vanar Chain (VANRY).

 

As a decentralized blockchain technology, Vanar Chain offers a robust and reliable infrastructure to support various applications and digital transactions.

 

Now, to understand more about Vanar Chain (VANRY), starting from its main features and the function of the VANRY token to its fundamental analysis, see the following review.

 

What is Vanar Chain (VANRY)?

 

Quoting vanarchain.com, Vanar Chain (VANRY) is a blockchain platform offering superior security, speed, and scalability solutions.

 

Using the latest blockchain technology, Vanar Chain enables users to conduct transactions quickly, efficiently, and securely.

 

History and Rebranding

 

Vanar chain is a decentralized blockchain technology that serves as the underlying infrastructure for the VANRY coin. The blockchain is named VANRY after a rebranding and expansion of the previous project, Terra Virtua Kolect (TVK).

 

Infrastructure and Network

 

Importantly, the Vanar chain provides the foundation for the VANRY Coin, which can be traded on the Ethereum and Polygon networks.

 

Main Features of Vanar Chain

 

 

Vanar Chain has several key features that are important to know, including the following:

 

Decentralized Structure

 

Vanar Chain has a decentralized structure that allows users to interact directly without intermediaries.

 

Focus on NFTs and Metaverse

 

Vanar Chain is specifically designed to support the NFT ecosystem and Metaverse applications. This infrastructure provides an ideal foundation for digital collections, virtual reality applications, and interactive digital experiences.

 

AR/VR Technology Support

 

Vanar Chain aims to provide its users with a richer and more interactive experience by supporting augmented reality (AR) and virtual reality (VR) technologies.

 

Wide Range of Applications

 

The platform includes a wide range of AR/VR-powered Metaverse applications, games, virtual marketplaces, and more, available on Web3, PC, and mobile devices.

 

Sustainability and Transparency

 

Vanar Chain offers a sustainable and transparent blockchain solution, enabling environmental impact monitoring. This is especially important for users and brands that care about the environment.

 

VANRY Token Function

 

Quoting support.bittime.com, the following are important VANRY token functions to know, among others:

 

Tokenomics

 

• Maximum Supply: 2,400,000,000 VANRY tokens.
• Circulating Supply: 1,300,000,000 VANRY tokens.
• Distribution: Tokens will be distributed through various mechanisms, such as mining, rewards, and sales.

 

Market Capitalization and Price Trends

 

Along with significant developments in the blockchain industry, the Layer1 blockchain platform Vanar has announced a strategic partnership with tech giant NVIDIA.

 

Following the announcement, the Vanar token (VANRY) experienced a tremendous surge, increasing by 56% within 24 hours and reaching a price of $0.36 in early March 2024.

 

The partnership with NVIDIA has promising implications for the Vanar ecosystem, especially in artificial intelligence (AI), metaverse, and gaming domains.

 

Using the latest infrastructure from NVIDIA, all projects in the Vanar ecosystem are poised to access leading-edge technologies, driving innovation and progress across multiple sectors.

 

With support from NVIDIA and future partners, Vanar aims to pioneer AI innovation, strengthening its position in the blockchain space.

 

On Wednesday, March 27, 2024, Vanry Chain (VANRY) traded at a market price of $0.2723. This is equivalent to IDR4,313 (DYM to IDR). Its current market capitalization stands at IDR6,060,000,000,000 or $332,00,000, ranking it 245 out of 9,277 active crypto-assets, according to Coinmarketcap.

 

Vanry Chain’s total coin supply stands at 1,000,000,000, of which half, or 500,000,000 VANRY, is currently in circulation. The token allocation includes 30% for the team and advisors and another 25% for public sales.

 

On the other hand, 20% of the total coins are allocated to the ecosystem and developers, with 15% for marketing and operational purposes and 10% as reserves.

 

According to Coincodex estimates, by 2024, Vanry Chain is expected to be trading from $0.270787 to $1.294515. If it reaches the highest price target, VANRY has the potential to increase by 375.77% and reach $1,294515.

 

Fundamental Analysis of Vanar Chain

 

 

Quoting the support.bittime.com page, Vanar Chain (VANRY) fundamental analysis includes a review of several important aspects that affect the value and growth potential of the project. Here are four aspects of fundamental analysis that are usually considered, namely:

 

1. Technology

 

Vanar Chain utilizes the latest blockchain technology that provides high security, scalability, and exceptional transaction speed.

 

2. Team

 

The team working on Vanar Chain consists of experienced blockchain and computer security industry experts, giving confidence that the project is based on a solid foundation.

 

3. Community

 

Although still in its early development stages, Vanar Chain has built an active and vibrant community across various social media platforms and discussion forums.

 

4. Adoption

 

With solid community support and technological advantages, Vanar Chain has great potential to be well-received by users and enterprises worldwide.

 

Conclusion

 

In conclusion, Vanar Chain steals the show with its cutting-edge blockchain technology that offers high security, scalability, and exceptional transaction speed.

 

Backed by an experienced team in the blockchain and computer security industries, the project has a solid foundation. In addition, Vanar Chain has managed to build an active and vibrant community, marking a promising start to the project’s growth.

 

Vanar Chain’s key features include infrastructure for the VANRY coin ecosystem, support for Metaverse applications, integration with AR/VR technologies, and an emphasis on transparency and environmental sustainability.

 

Essentially, the project’s future potential depends largely on the wide acceptance of users and companies worldwide, backed by its community’s strong support.

 

Through its advanced technology and solid support, Vanar Chain’s prospects look bright. Expectations and predictions for the project’s development point to increased adoption, innovation, and growth of its ecosystem.

 

By maintaining its commitment to technological excellence and service quality, Vanar Chain certainly has the potential to become a leader in the blockchain field in the future.

 

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Therefore, you should do in-depth research before investing in crypto assets.

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