In the Web3 space, Vanar is an increasingly smooth and powerful player. It's called smooth for a reason—originally launched as Terra Virtua in 2018, evolving from a VR/AR content platform and NFT digital collectibles to officially transforming into a Layer 1 blockchain in 2023. Every step has been focused on honing core capabilities, ultimately targeting the most imaginative track: "gaming + entertainment." The ambition is clear: to bring the next 3 billion internet users into Web3.

Looking at the team, you understand why they are so confident. Co-founder Gary Bracey has been working in game development for 35 years, not just talking the talk. Even more impressive, the team has recruited former Disney executives. In terms of IP collaborations and entertainment industry resources, these folks definitely have some skills.

On the technical side, Vanar is no joke. It is built on the Ethereum framework, fully compatible with EVM, so developers can migrate projects without any learning curve. Their innovative reputation proof (PoR) combined with a proof of authority (PoA) consensus mechanism is quite sophisticated—only known, trusted entities serve as validators, ensuring security and effectively preventing malicious attacks. Transaction confirmation takes just 3 seconds, with a single transaction fee of only $0.0005. This cost structure is essential for high-frequency microtransactions in gaming and NFT circulation.

The ecosystem truly shows its strength here. In the metaverse product Virtua, users can play interactive games like Jetpack Hyperleague, trade NFT collectibles based on film IPs like "The Godfather" and "Pacific Rim," or buy virtual real estate for socializing. The VGN gaming network emphasizes a "play-to-earn" model, genuinely integrating Web3 incentives with gameplay. These are not just concepts—they are live products.