Question 1

What is Nirvana (VANA)?

Accepted Answer

Nirvana is a decentralised game publisher built on the Ethereum blockchain. It aims to create a community-centric gaming ecosystem by integrating blockchain technology into game development, distribution, and digital asset management. Nirvana utilises a platform called "Virtual Swift," which serves as an SDK for developers and a marketplace for users to exchange and monetise in-game points by converting them into NFTs or exchanging them for the VANA token. The token operates as a utility within the Nirvana ecosystem​.

Question 2

What is Nirvana (VANA) used for?

Accepted Answer

The VANA token powers the Nirvana ecosystem, which provides several functionalities:

- **Point and Asset Conversion**: Players can convert in-game points into NFTs, which are tradable for VANA tokens.
- **Asset Marketplace**: Users can buy, sell, or trade digital assets such as game items and NFTs on the Nirvana marketplace.
- **Game Discovery and Distribution**: Nirvana enables game developers to promote their games and engage with users through tournaments and events.
- **Staking and Rewards**: Users can stake VANA tokens for rewards, participate in tournaments, or gain discounts within the platform.
- **Developer Integration**: Game developers use Nirvana's Virtual Swift SDK to integrate blockchain functionalities like point conversion and NFT creation​.

***Although 'VANA' was the ticker assigned at the deployment of the Nirvana Token's smart contract, it is already in use by another asset that has a larger market presence and higher trading volume on major exchanges. Due to this pre-existing association and to avoid confusion in the marketplace, the alternative ticker 'NIRVA' has been adopted for this token. This designation is specifically used to ensure that assets are distinctly identified.***