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Gate.io AMA with Vanar-The Groundbreakin...
Gate.io AMA with Vanar-The Groundbreaking Blockchain Vanar Offers a Carbon-neutral, High-speed & Low-cost L1 Chain Designed for Entertainment and Mainstream
2023-12-13, 06:32
[//]:content-type-MARKDOWN-DONOT-DELETE ![](https://gimg2.gateimg.com/image/article/17024489311.jpeg) **<font size=4>Time: Dec 7th, 2023, 13:00 UTC [Gate.io](https://www.gate.io "Gate.io") hosted an AMA (Ask-Me-Anything) session with Ash Mohammed,CSO of Vanar in the [Gate.io Exchange Community](https://t.me/gateio "Gate.io Exchange Community"). Official Website: https://vanarchain.com/ Twitter: https://twitter.com/Vanarchain Follow Vanar on [Telegram](https://t.me/vanarchain "Telegram") and [Twitter](https://twitter.com/Vanarchain "Twitter") </font>** **Guest** ![](https://gimg2.gateimg.com/image/article/17024491052.jpeg) **Mohammed — CSO of Vanar** ## Q&A from Gate.io ### Q1: Can you give us a brief overview of Vanar and its journey in the blockchain space? **Mohammed**: Vanar, initially known as Virtua $TVK, has been pioneering the blockchain space since 2018, focusing on NFTs and the Metaverse. We were super early in the space and worked with amazing partners. Over this time we built amazing products including metaverse spaces, marketplace, games network, VR and XR and more! However, so many people are making Metaverses - they need users. ![](https://gimg2.gateimg.com/image/article/17024491273.jpeg) We realise we needed to be more than just users of blockchain technology; we needed to lead its evolution and adoption. To make a real impact, we decided to take matters into our own hands, transitioning from being a participant in the blockchain world to becoming one of its innovators, with a deep focus on the end users and adopters, just as we were. ### Q2: What prompted Vanar's transition from NFT/Metaverse to a broader blockchain focus? **Mohammed**: Our transition was motivated by the struggles mainstream companies face with blockchain technology - understanding it, managing wallets, handling transactions, coping with fluctuating gas prices, and dealing with multiple third-party marketplaces. We saw an opportunity to simplify this process and become a one-stop shop for these brands. And they absolutely love it. This shift enables us to offer streamlined, user-friendly blockchain solutions, making technology accessible and manageable for our partners. ### Q3: Can you elaborate on Vanar's collaborations and what's in store for the near future? **Mohammed**: Vanar's partnerships are a testament to our groundbreaking approach in the blockchain space. Alongside our future plans, we've had successful collaborations with renowned brands like Paramount, Legendary, Shelby, and Kevin Hart. Our partnership with Emirates Digital Wallet, owned by the 16 largest banks in the Emirates, exemplifies our commitment to financial innovation. With Google Cloud, especially after our recent AMA with them, we're working to become the most energy-efficient blockchain, running our nodes on renewable energy. Just this month, we're bringing on a game studio with around 1 billion downloads across their games and 100 million users. These collaborations are just a glimpse of how we're pushing the boundaries in the blockchain space. ### Q4: Could you tell us about the team behind Vanar, especially key figures like Doug Dyer, Gary Bracey, and Jawad Ashraf? **Mohammed**: At Vanar, we're proud to have a powerhouse of industry leaders. Doug Dyer, a titan in gaming and entertainment, brings a wealth of insights and connections. His remarkable track record includes pivotal roles in games like Microsoft's "Age of Empires" and Warner Bros.'s "Harry Potter," as well as being a founding member of the gaming giant THQ. Gary Bracey, our co-founder and chairman, is a true pioneer in the gaming industry. He made history by licensing the first movie IP into a game with "RoboCop" at Ocean Software. His deep connections and understanding of the gaming industry are invaluable to Vanar's vision and strategy. Jawad Ashraf, our co-founder and CEO, is a renowned entrepreneur in Dubai, known for his technical expertise and business acumen. Having successfully exited multiple tech companies with valuations over $100M, Jawad brings a unique blend of technical knowledge and entrepreneurial experience to guide Vanar's journey. Together, these leaders, backed by our 150+ strong team of professionals, drive Vanar's mission to innovate and excel in the blockchain space. ### Q5: How is Vanar different from other new blockchains that emerged in 2022 and 2023? What sets it apart? **Mohammed**: Vanar differentiates itself with a unique blend of features and the utility of our token, $VANRY. Our focus on low-cost transactions and high-speed performance, coupled with DApps as a service, caters perfectly to mainstream partners, fostering widespread adoption. The utility of $VANRY in this ecosystem enhances user engagement and incentivizes participation, making it more than just a currency – it's a vital component of our blockchain infrastructure. ![](https://gimg2.gateimg.com/image/article/17024491404.jpeg) Moreover, our emphasis on green energy, especially through our collaboration with Google Cloud, positions us as a leader in sustainable blockchain technology. This approach, along with the strategic utility of $VANRY, sets us apart, making Vanar not just a blockchain platform, but a comprehensive, environmentally conscious ecosystem for the future of decentralized applications and digital commerce. ## Live Q&A from Community ### Q1: Can you mention some highlights of the team behind your project? What is your background and experience that gave birth to the platform and ensured its vision and future development? Knowing this is important to earn the trust of investors. **Mohammed**: I spoke a lot about the team - but the question is very relevant. Many projects promise so much, but are unable to deliver either through market forces, or lack of experience. We have a team which has been thought multiple tech cycles, from basic PC, to gaming, to console, to mobile, then web3, XR and AI. Understanding the best 'technology fit' is what makes a brand last and sustain. If we only keep speaking to a small audience you cant break out into mainstream. We want Vanar to be as synonymous with web3 tech and expanded economies and gamefi as recognised brands like Microsoft or Google. So you need to have the people with the experience to not only innovate but to navigate difficult markets. We have been around a long while through winter, bears etc! And we are still here and building. ### Q2: In what ways does Vanar address the challenges faced by mainstream companies with blockchain technology, including issues related to wallets, transactions, and gas prices? **Mohammed**: Mainstream companies face a lot of challenges in this space, first from understanding what the opportunity itself is. Some have been very scared by crypto, or they don't get it, they associate it with something scammy. And those companies who do an activation often don't realise the implications, and face a lot of FUD when they don't do something right. There is a different culture in web3. From a business perspective also, they face issues around not being able to control the user journey in a way that fits there brand, tech partners who make lots of promises and cant deliver, environment concerns and obviously what you mentioned, i,.e.variable gas costs, high TX fees and confusion around wallets. Our goal is to simplify that - we have fixed cost, we have wallet tools which allow them to manage their users easily, and our dapps allow them to enter the space in a way which works for them. So that could be an entire product vertical in web3, or it may just be one activation or event. Our goal is to surround them with the tools they need. ### Q3: What plans do you have for the future of Vanarchain and how do you plan to grow the ecosystem of innovation and collaboration between developers, users and companies? **Mohammed**: We have BIG plans. Starting with Google was intentional to signal how big we want to go. Across sports, music, gaming, entertainment we want to make an impact, educate developers and grow the ecosystem. We are also in talks with national incubation centres in 3 countries, to make Vanar the chain of the country where local developers can build and develop on to create a healthy ecosystem where innovation can happen and address local markets too. There are opportunities in many mainstream and enterprise areas, not limited to entertainment, gaming but also identity, supply chain and much more. We will be releasing info about our developer support program, with a dedicated developers channel. Education is so important for this. We view everyone as a valued partner where we can all grow together. Vanar is EVM so its easy to build on and familiar for developers too. Like i say, we are all about building technology that is the 'best fit' rather than just talking about how great the tech is for the sake of it. ### Q4: How does Vanar Eco address key pain points for brands in the blockchain space? **Mohammed**: We can count so many brands who did not want to come into web3 due to their concerns of the impact of the technology. Not only this but in studies now, 70% of genz expect the brands they work with to be responsible towards the environment. <div class="blog-details-info"> <div>Author:** Rio Fu.**, Gate.io Community <div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions. <div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement. </div>
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