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After multiple transformations and cooperation with AI giant Nvidia, why did Vanar Chain surge 4.6 times in 30 days?
After multiple transformations and cooperation with AI giant Nvidia, why did Vanar Chain surge 4.6 times in 30 days?
Recently, Layer 1 blockchain Vanar Chain has attracted market attention due to its high growth rate and cooperation with AI giant NVIDIA. Behind the popularity of Vanar Chain, in addition to undergoing multiple brand transformations, popular concepts such as main games, metaverse and AI have also earned the project enough popularity and topics.
Prior to its transformation, Vanar was formerly known as Terra Virtua and was founded in 2018 as a platform that supported paid subscriptions, provided virtual reality (VR) and augmented reality (AR) content, and accepted cryptocurrency Pay. The platform was created by co-founders Gary Bracey and Jawad Ashraf, with Gary Bracey having over 35 years of experience involved in video game production and development.
In 2020, after Terra Virtua received US$2.5 million in financing from NGC Ventures, LD Capital, YBB Foundation and Hashed, it began to transform into the NFT field and became a digital collectibles platform, and in the following months, it cooperated to launch Well-known movie NFTs such as "The Godfather", "Top Gun", "Pacific Rim" and "Godzilla vs. Kong" have also invited former Disney executives to join the team.
In November 2023, after Terra Virtua’s new blockchain proposal was approved, the brand was upgraded to Vanar and the original token TVK was replaced by VANRY. Today, Vanar Chain has become a Layer1 blockchain focusing on entertainment and games. It provides a variety of tools and modules designed to support Web3 developers and entertainment industry companies to help the next 3 billion consumers enter the Web3 world.
According to the official website, Vanar includes four sectors: metaverse, market, game and land. Among them, Virtua Metaverse is a diversified and visually rich metaverse platform. Users can play games, trade game assets NFT, purchase land and socialize, etc.; Virtua Market provides the purchase, sale or transaction of digital collections, and users can interact with them. , and even create your own digital character; Virtua Games allows users to experience and unlock games in the interactive Metaverse Player Lounge, and earn rewards such as Virtua XP and free collectibles in the process. Its current games include Jetpack Hyperleague, BATTLE FOR VIRTUA PRIME, etc.; the land is the center of the Virtua Metaverse, divided into different plot sizes, and contains multiple experience areas, including monsters, mechas, battlefields, and players.
In addition, Vanar has also jumped on the AI narrative express and introduced multiple AI solutions into its products, including providing AI-driven IP tracking for brands, AI analysis for creators, and using AIGC to generate music. /Video preview, AI-enhanced identity verification, and building and reviewing DApps with the help of AI, etc. Recently, Vanar also announced that Nvidia has become a member of its ecosystem. NVIDIA technologies including CUDA, Tensor, Omniverse and Gameworks will be integrated into the Vanar platform, providing developers with tools to create advanced artificial intelligence solutions.
The news of cooperation with NVIDIA also further promoted the surge of Vanar token VANRY. CoinGecko data shows that VANRY has increased by 460.8% in the past 30 days, with a circulating market value of US$470 million.
Up to now, Vanar Chain has ecologically cooperated with many traditional and Web3 companies, involving the metaverse, games, finance, NFT and AI and other fields. According to the next roadmap, Vanar Chain plans to launch the mainnet this year, cooperate with large-scale games and financial giants, launch AI projects, etc.
The above is the detailed content of After multiple transformations and cooperation with AI giant Nvidia, why did Vanar Chain surge 4.6 times in 30 days?. For more information, please follow other related articles on the PHP Chinese website!
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