Buy Vanar Chain (VANRY)
What is Vanar Chain?
Vanar Chain is a decentralised Layer 1 blockchain ecosystem focused on real-world adoption, primarily in the gaming, entertainment, and brand solution sectors. It aims to provide a secure and scalable environment for decentralised applications (dApps) and the metaverse, addressing challenges such as scalability, interoperability, and energy efficiency.
How does Vanar Chain work?
Vanar Chain operates as a Layer 1 blockchain platform, utilising a hybrid consensus mechanism combining Proof of Authority (PoA) and Proof of Reputation (PoR) to enhance network security and trustworthiness. It supports Ethereum Virtual Machine (EVM)-compatible smart contracts, allowing developers to deploy applications similar to those on the Ethereum network. Vanar Chain also offers fixed gas fees, ensuring predictable costs for operations, and prioritises sustainability by operating on carbon-neutral data centres.
What are the potential use cases for Vanar Chain?
Vanar Chain's potential use cases include:
- Gaming and Entertainment: Powering platforms like Virtua Metaverse and VGN Games Network.
- Real-World Asset Integration: Through partnerships like Nexera, it enhances RWA integration within its ecosystem.
- Web3 Adoption: Designed to facilitate the use of Web3 technologies by global brands and businesses.
- AI Integration: Exploring the combination of blockchain with AI for various applications.
What is the history of Vanar Chain?
Vanar Chain was founded by Jawad Ashraf and Gary Bracey, originating from Virtua, a VR company. Significant milestones include an Initial Exchange Offering in December 2020, the token swap from $TVK to $VANRY, and strategic partnerships with various tech and security giants. The Vanguard testnet launch showcased its capabilities, achieving substantial transaction and wallet interactions, indicating readiness for wider adoption.
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Frequently Asked Questions (FAQs)
What is the current price of Vanar Chain (VANRY)?
The Vanar Chain price is $0.18289281 AUD, representing a +6.23% from the day prior.
Where is the best place to buy Vanar Chain (VANRY) in Australia?
The best place to buy Vanar Chain (VANRY) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Vanar Chain (VANRY) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Vanar Chain (VANRY)?
The trading volume of Vanar Chain (VANRY) is $34.6M AUD in the last 24hrs, representing a +6.23% from the day prior.
How can I buy Vanar Chain (VANRY)?
Vanar Chain (VANRY) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Vanar Chain (VANRY)?
The current market cap of Vanar Chain (VANRY) is $287.3M AUD.
Can I convert Vanar Chain (VANRY) to cash?
Yes - With Coinstash you can convert your Vanar Chain (VANRY) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Vanar Chain (VANRY) are there?
The current circulating supply of Vanar Chain (VANRY) is 1.8B.
Is Coinstash a safe place to buy Vanar Chain (VANRY) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Vanar Chain (VANRY) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.