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What is Vanry (VANRY)?
Vanry (VANRY) is the native token of the Vanry Chain, previously known as Terra Virtua Kolect. Vanry Chain is a layer-1 blockchain designed specifically for the entertainment industry and broader consumer use. It aims to provide a carbon-neutral, efficient, and cost-effective platform for entertainment applications.
Key Features of Vanry Chain (powered by VANRY token)
- Entertainment Focus: Caters to the entertainment industry by enabling the creation and trade of digital collectibles, NFTs, and other entertainment-related assets.
- Efficiency and Sustainability: Vanry Chain strives for high transaction speeds and low fees, while maintaining a carbon-neutral footprint.
- Consumer-Friendly Design: Aims to offer a user-friendly experience for mainstream users, potentially attracting new participants to the blockchain space.
Uses of VANRY Token
- Transaction Fees: VANRY is used to pay for transaction fees on the Vanry Chain network.
- NFT and Digital Collectible Purchases: Users might need VANRY to purchase NFTs, digital collectibles, or other in-platform assets.
- Potential Governance (Unconfirmed): While not fully confirmed by CoinMarketCap, VANRY holders might have voting rights on proposals shaping the future development of the Vanry Chain ecosystem.