Read Our New Project Report About Bitcoin (BTC) - The World's Largest Cryptocurrency

logoVulcan Forged (PYR)

A Game Studio on Ethereum, Polygon, and Binance Smart Chain.
  • Vulcan Forged is a game studio dedicated to NFT games built on Ethereum, Polygon, and recently expanded to BSC. Amongst its series of games on the platform, VulcanVerse and Berserk are the 2 main games of the project. PYR is its native utility token, which allows users to purchase NFTs from the in-game marketplace, participate in staking and pay for scholar registration fees.

  • PYR is the native utility token of the Vulcan Forged ecosystem and has the following use cases:

    • Buying and selling NFTs: Users can buy and sell NFTs and in-game items using PYR in the Vulcan Forged Marketplace.
    • Staking: Users can stake PYR to upgrade their in-game Land NFTs, which will increase the yield of staking rewards (paid in LAVA tokens).
    • Liquidity mining: Users can contribute to the liquidity pools on the VulcanDEX to earn liquidity rewards and a share of the DEX transaction fees.
    • Scholar registration fee: In order for users to rent NFTs as a scholar, they are required to use PYR to pay for the scholar registration fee.
  • Vulcan Forged consists of the following major components working in conjunction:

    • LAVA Tokens: It is the secondary token within the Vulcan Forged ecosystem, and has the following use cases:
      • Play-to-earn: Users earn LAVA by staking PYR and playing Vulcan Forged games.
      • In-game currency: Users will need LAVA to pay for in-game transactions (i.e. upgrading NFTs, building on land plots).
    • VulcanDEX: Users can provide liquidity, stake, and swap LAVA tokens for PYR through the platform’s DEX.
    • Vulcan Market: Users can buy and sell NFTs on the Vulcan Forged marketplace.
    • In-game NFTs: Within the Vulcan Forged ecosystem there are several types of NFT types, which include Lands, Vulcanities, Seeds, Gods etc.
  • As at November 26th 2021, the total and maximum supply of PYR is 50,000,000 and the current circulating supply is 18,997,700 (~38.00% of the total token supply).

  • Learn more about the token distribution here.