Vanar Chain, @Vanar originally known as Virtua, has undergone a significant transformation to establish itself as a layer 1 blockchain dedicated to the entertainment industry. This change was announced on November 15, 2023, following the approval of a proposal to create a new blockchain with ultra-low costs, support for microtransactions, and a focus on bringing Web3 experiences to the global audience of the entertainment sector. To mark this evolution, the brand transitioned to #vanar reflecting its enhanced vision and strategic goals for real-world adoption in entertainment and gaming.

This transformation was accompanied by the launch of the Vanar Vanguard testnet, an essential phase that allowed Vanar to rigorously test and improve its network, ensuring a robust, secure, and scalable ecosystem. Additionally, the Vanar Chain team announced a one-to-one token swap of $TVK to $VANRY aligning its token with the platform's new identity and focus. For every $TVK token held, users would receive an equivalent amount of $VANRY , facilitating the transition to Vanar's redefined blockchain infrastructure.

Under the leadership of founders Jawad Ashraf and Gary Bracey, Vanar Chain has continued expanding its ecosystem, leveraging the team's extensive experience in technology, entertainment, and gaming. With its recent inclusion in NVIDIA's Inception program and a dedicated focus on eco-friendly, high-performance blockchain technology, Vanar Chain has positioned itself as a significant player in the blockchain landscape, ready to drive mass adoption within the entertainment sector.