Team and Founders

Delabs Games was founded by former Nexon CEO Joonmo Kwon, a serial game entrepreneur with over six box-office hits and two KOSDAQ-listed game companies. 

• Gwisung Yang (CTO): Oversees blockchain infrastructure and technical innovation. 
• Wise Kim (Marketing Director): Manages brand strategy and community engagement. 
• Quinn Kwon (Strategy Director): Leads corporate strategy and global expansion. 

Co-CEO JC, founder of Verse8, joins to bring AI-powered gaming experiences. His technical leadership shapes player experiences at the intersection of blockchain and AI. 

Investors and Partnerships 

Delabs Games is financially strong, backed by prominent investors: Hashed, Spartan Group, Polygon Labs, Beam, Planetarium Labs, TON Ventures, IVC, YGG, Everyrealm, Taisu Ventures, Arche Fund, Jets Capital, and KILOFUND. 

Partnerships: Delabs collaborates with global Web3 gaming guilds like Yield Guild Games and integrates its games into major messaging platforms such as Telegram and LINE to reach broader audiences. 

Project Concept 

Delabs Games aims to bring Web2 gaming IPs into Web3, providing players with true ownership, progression, and earning mechanisms. The platform focuses on midcore games with proven retention and earning loops rather than speculative content. Social platform integration accelerates mass adoption. 

How It Works 

Delabs offers a modular infrastructure for identity, progression, and asset management across games: 

• Platform Wallet (Wallet-as-a-Service): Easy account management and key recovery via social login. 
• Token & Asset Management: Handles in-game tokens and assets. 
• Delabs ID & Reputation: Portable identity and reputation across games. 
• Platform Marketplace: Buying and selling in-game items and tokens. 
• Staking & Reward System: Earn rewards by staking tokens. 
• This setup allows players to seamlessly switch between games while creating value within the ecosystem. 

Game Portfolio 

• Boxing Star X: PvP Web3 boxing game playable on Telegram. 
• Ragnarok Libre: Idle RPG inspired by classic Ragnarok Online. 
• Rumble Racing Star: Cartoon-style racing game integrating NFT PFPs. 
• GIGA CHAD BAT: Mini-game on Telegram focused on leaderboard competition. 

Ecosystem & Technical Infrastructure 

• Cyclical Economy Model: Players collect, use, and generate assets for fun and rewards. 
• Midcore Games: Quick access via Telegram and LINE. 
• NFT & Token Economy: Delabs Adventure Pass, Delabs Libre Pass, Delabs Star Badges. 
• Cross-Chain Compatibility: Ethereum, Arbitrum, and TON support. 
• Delabs ID System: Single identity and reputation for all games. 
• Engagement Level System: Rewards active players, prevents bot abuse. 
• Platform Marketplace & Token Management: In-game asset trading and staking. 
• Community & Social System: Friend and guild events via Buggy Fam. 
• Security & Sustainability: Audited, immutable smart contracts, minimized central risks. 

Governance 

The Delabs Foundation, a non-profit, oversees ecosystem governance: 

• Management of $DELABS tokens 
• Fair resource distribution 
• Collaboration with game developers and projects 
• Long-term governance will transition to the community, allowing token holders to influence decisions. 

Roadmap 

• Q4 2024: Platform launch & Ragnarok pre-registration 
• Q1 2025: Ragnarok release 
• Q2 2025: $GAME token introduction 
• Q3 2025: Boxing Star release 

Token Utilities 

• Rewards: Earned via participation and contributions. 
• Payment: For in-game items, NFTs, and other content. 
• Staking: Lock tokens to earn rewards. 
• DAO Governance: Community participation in decisions. 

Token Details 

• Token Name: DELABS 
• Platform: Web3 gaming ecosystem 
• Total Supply: 3 billion DELABS 
• Circulating Supply: 750,300,000 DELABS 
• Use Cases: Payment, staking, governance, rewards 

Token Distribution 

• Airdrop & Community Rewards: 32% 
• Ecosystem Development: 23% 
• Investors: 20% 
• Team: 17% 
• Advisors: 5% 
• Strategic Investors: 3% 

Features 

• Modular platform for identity, progression, and assets 
• Token-driven economy with $DELABS for rewards, payment, and governance 
• Secure and compliant with audited, immutable smart contracts 
• Community governance via Delabs Foundation 
• Cross-chain and AI integration 

Official Links 

• Website
• Twitter
• Discord

Also, in the comment section, you can freely share your comments and opinions about the topic. Additionally, don’t forget to follow us on Telegram, YouTube and Twitter for the latest news and updates.

The post What is Delabs Games (DELABS)? Web3 Gaming Ecosystem appeared first on Coin Engineer.

Originally known as Virtua, the project rebranded to Vanar on November 15, 2023, positioning itself as a blockchain infrastructure with low transaction fees, microtransactions, and a focus on real-world adoption. 

Vanar removes major adoption barriers: high fees, slow block confirmations, and complex user experiences. The network provides a fast, cheap, and user-friendly experience with 3-second block times and ultra-low fees of just $0.0005 per transaction. 

Team & Foundation 

• Founders: Jawad Ashraf and Gary Bracey. The team has over 10 years of experience in gaming, VR, AR, AI, and entertainment technology. 
• The Vanar Foundation manages the ecosystem, oversees validator selection, audits protocols, engages the community, and provides technical and financial support. It also promotes sustainability through green energy initiatives. 
• Vanar is part of NVIDIA’s Inception Program, granting access to advanced AI and gaming development technology. 

Key Features 

• Ultra-Fast Transactions: 3-second block times 
• Low Fees: $0.0005 per transaction 
• Eco-Friendly: Powered by Google’s renewable energy data centers 
• EVM Compatibility: Fully compatible with Ethereum Virtual Machine; existing dApps can migrate easily 
• User-Friendly: Simple, intuitive interface for new users 
• Scalable: Designed for high-throughput applications 

Architecture & Consensus 

• Vanar Chain builds on Ethereum’s secure codebase and the Go Ethereum (GETH) framework. Its hybrid consensus mechanism includes: 
• Proof of Reputation (PoR): Validators are selected based on brand reputation and reliability 
• Delegated Proof of Stake (DPoS): Token holders delegate VANRY tokens to validators and earn rewards 
• Proof of Authority (PoA): Trusted validators ensure network stability 
• This hybrid model ensures fast, low-cost, and secure transactions. 

Use Cases 

• Gaming & Digital Assets: Microtransactions, in-game NFTs, and marketplaces; easy integration with Unreal and Unity 
• DeFi Applications: High-speed and secure decentralized finance operations 
• Entertainment & Media: Digital content sharing, micropayments, and content verification 
• Supply Chain Management: Real-time tracking, transparency, and immutable records 
• AI & Metaverse: Personalized experiences in gaming, e-commerce, and VR/AR environments 

Vanar Chain Products 

Vanar ECO: Energy consumption analysis and carbon footprint tracking 

Vanar Gaming: Microtransactions, in-game NFT marketplaces, metaverse, and multi-chain minting 

Vanar AI: AI-driven personalization, fraud detection, and KYC solutions for content and e-commerce 

Ecosystem & Partnerships 

• NVIDIA: AI and game development infrastructure 
• Viva Games Studios: 700M+ downloads for blockchain gaming 
• Emirates Digital Wallet (EDW): Secure financial services for 13M users in the Middle East 
• Immunefi: Web3 security and bug bounty programs 
• Galxe: Community engagement and NFT rewards 
• Google: Eco-friendly operations via renewable energy data centers 
• Vanar also expands globally through incubators, universities, and startup grants in Asia and Africa. 

VANRY Token 

• Symbol: $VANRY 
• Max Supply: 2.4B 
• Circulating Supply: 1.66B (Nov 2024) 

Use Cases: 

• Transaction fees 
• Validator staking & rewards 
• dApp access & ecosystem transactions 

VANRY replaced Virtua’s $TVK token 1:1. Token allocation: 83% validator rewards, 13% development, 4% community programs. No tokens are reserved for the team. 

Investment & Ownership 

VANRY is a functional token for ecosystem usage, staking, and governance. Adoption rate and ecosystem growth are key factors for investors. 

VANRY can be purchased on centralized exchanges like Gate.io after account verification. 

Vanar Chain Roadmap 

• 2023 Q4: Community voting, pre-staking, token swap, wave partnerships 
• 2024 Q1: Testnet, grant programs, product ecosystem, hackathons, bug bounties 
• 2024 Q2: Mainnet, carbon & delegated staking, validator program, bridge applications 
• 2024 Q3: Gaming & XR ecosystem, ecosystem expansion, enterprise partnerships, AI & Web3 application growth 

October 17, 2024: Vanar launched the Brainstorming Cohort program to strengthen Web3 communities. CTOs and NFT project leaders identify community challenges and solutions, and successful projects join the Vanar Communities Council with DEX & CEX support. 

Social Media & Links 

• Website
• Telegram
• Twitter
• Discord

The post What is Vanar Chain (VANRY)? Ecosystem Analysis appeared first on Coin Engineer.