

After multiple transformations and cooperation with AI giant Nvidia, why did Vanar Chain surge 4.6 times in 30 days?
Mar 14, 2024 pm 05:31 PMRecently, 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!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

1. Download and install the application through the official recommended channel to ensure safety; 2. Access the designated download address to complete the file acquisition; 3. Ignore the device safety reminder and complete the installation as prompts; 4. You can refer to the data of mainstream platforms such as Huobi HTX and Ouyi OK for market comparison; the APP provides real-time market tracking, professional charting tools, price warning and market information aggregation functions; when analyzing trends, long-term trend judgment, technical indicator application, trading volume changes and fundamental information; when choosing software, you should pay attention to data authority, interface friendliness and comprehensive functions to improve analysis efficiency and decision-making accuracy.

The recent surge of Ethereum price by more than 20% is mainly driven by four major factors: 1. The Cancun Upgrade is approaching, especially the "prototype data sharding" technology introduced by EIP-4844 will significantly reduce the transaction costs of Layer 2, improve network scalability, and attract investors to make advance arrangements; 2. The DeFi ecosystem continues to flourish, and the total value of locked positions (TVL) has grown steadily. New protocols such as liquid staking derivatives (LSD) and restaking (Restaking) have risen, increasing the rigid demand for ETH as a Gas fee and pledged assets; 3. The market has strong expectations for the approval of Ethereum spot ETF, believing that it will provide convenient channels for institutional investors, introduce a large amount of funds and enhance market confidence.

1. Ordinary users can purchase Ethereum through mainstream digital asset trading platforms such as Binance, Ouyi OK, HTX Huobi. The process includes registering an account, identity authentication, binding payment methods and trading through market or limit orders. The assets can be stored on the platform or transferred to personal money sacrificials; 2. Ethereum has no fixed issuance limit, with about 72 million initial issuance, and it is continuously issued through the PoS mechanism and the destruction mechanism is introduced due to EIP-1559, which may achieve deflation; 3. Before investing, you need to understand the risk of high volatility, enable two-factor verification to ensure account security, and learn asset custody methods such as hardware or software money sacrificials; 4. Ethereum is the core platform of decentralized applications, DeFi protocols and NFT ecosystems, supporting the operation of smart contracts and promoting digital asset rights confirmation and flow

Ethereum is a decentralized application platform based on smart contracts, and its native token ETH can be obtained in a variety of ways. 1. Register an account through centralized platforms such as Binance and Ouyiok, complete KYC certification and purchase ETH with stablecoins; 2. Connect to digital storage through decentralized platforms, and directly exchange ETH with stablecoins or other tokens; 3. Participate in network pledge, and you can choose independent pledge (requires 32 ETH), liquid pledge services or one-click pledge on the centralized platform to obtain rewards; 4. Earn ETH by providing services to Web3 projects, completing tasks or obtaining airdrops. It is recommended that beginners start from mainstream centralized platforms, gradually transition to decentralized methods, and always attach importance to asset security and independent research, to

First, select well-known platforms such as Binance Binance or Ouyi OKX, and prepare your email and mobile phone number; 1. Visit the official website of the platform and click to register, enter your email or mobile phone number and set a high-strength password; 2. Submit information after agreeing to the terms of service, and complete account activation through the email or mobile phone verification code; 3. Complete identity authentication (KYC) after logging in, enable secondary verification (2FA) and check security settings regularly to ensure account security. After completing the above steps, you can successfully create a BTC digital currency account.

1. Choose a reputable trading platform; 2. Confirm currency and network type; 3. Check the official recharge address; 4. Ensure the network security environment; 5. Double check the head and tail characters of the address; 6. Confirm the amount and decimal points; 7. Pay attention to the minimum recharge amount; 8. Fill in necessary labels or notes; 9. Beware of clipboard hijacking; 10. Don’t trust the non-official channel address; 11. Test the small amount before large recharge; 12. Save the transaction ID for inquiry; 13. Wait patiently for network confirmation; 14. Contact customer service in time when the account is not arrived. To ensure the safety of digital currency recharge, the above steps must be strictly followed. From platform selection to information verification to risk prevention, every step needs to be carefully operated. Finally, through retaining vouchers and timely communication, the asset is securely received, and avoid negligence.

1. First, ensure that the device network is stable and has sufficient storage space; 2. Download it through the official download address [adid]fbd7939d674997cdb4692d34de8633c4[/adid]; 3. Complete the installation according to the device prompts, and the official channel is safe and reliable; 4. After the installation is completed, you can experience professional trading services comparable to HTX and Ouyi platforms; the new version 5.0.5 feature highlights include: 1. Optimize the user interface, and the operation is more intuitive and convenient; 2. Improve transaction performance and reduce delays and slippages; 3. Enhance security protection and adopt advanced encryption technology; 4. Add a variety of new technical analysis chart tools; pay attention to: 1. Properly keep the account password to avoid logging in on public devices; 2.

The price fluctuations of ETH have touched the hearts of countless investors, and discussions about whether its prices will bottom out again have never stopped. This article will review the price trends of Ethereum in recent years, and combine current market fundamentals and technical indicators to explore whether it is possible to pull back to the key support level of US$2,000, providing readers with a multi-dimensional market observation perspective.