PYR
Vulcan Forged
$0.0000AUD
Market Cap
110.1M AUD
24H Trade Vol.
11.9M AUD
Total Supply
23.9M
All
1W
1M
1Y
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Price Changes
24H:
+0.00%
7D:
0.00%
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≈ 0.00000000 PYR
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Buy Vulcan Forged (PYR)

What is Vulcan Forged?

Vulcan Forged is a blockchain game studio and NFT marketplace known for its creation of VulcanVerse, a Grece-Roman fantasy metaverse that consists of 10,000 plots of land. It provides a platform for developing and trading NFTs and comprises a range of blockchain games and projects such as Berserk and Anvil. The ecosystem is supported by the PYR and LAVA tokens.

How does Vulcan Forged work?

Vulcan Forged operates as a web3 ecosystem leveraging the Polygon (MATIC) blockchain and its own Elysium blockchain to offer a comprehensive platform for NFT trading and blockchain gaming. It employs smart contracts, ERC-20 PYR tokens for various transactions, and Proof of Stake (PoS) for efficient and secure operations. The platform promotes play-to-earn opportunities, staking, and a decentralized exchange specifically for gaming purposes.

What are the potential use cases for Vulcan Forged?

Vulcan Forged (PYR) can be used across several applications including:

  • Fees for transactions within the Vulcan Market NFT platform.
  • Staking in games like VulcanVerse and Berserk to earn rewards and access exclusive features.
  • Use in the Frenzy tournament platform for rewards and competitive engagements.
  • Facilitating marketplace transactions in a gas-free trading environment.
  • Leveraging liquidity pools and decentralized finance (DeFi) elements in Vulcandex.

What is the history of Vulcan Forged?

Vulcan Forged originated as a small digital NFT art site and evolved into a comprehensive blockchain game studio and NFT marketplace. Founded by Jamie Thomson, the company started with two members and grew to over 130 employees. It established VulcanVerse, launched PYR tokens, and built the carbon-neutral Elysium blockchain. After securing substantial funding, it aimed to expand operations through partnerships and technological innovations like multichain blockchain systems.

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