What is Vulcan Forged (PYR)?
Vulcan Forged is a comprehensive project that includes a blockchain game studio and an NFT
marketplace. Vulcan Forged describes itself as a one-stop shop for blockchain game enthusiasts, where they can access popular games and a comprehensive NFT marketplace to buy and sell digital assets in-game.
The primary blockchain on which Vulcan Forged operates is Polygon (MATIC)
. Polygon is also a blockchain partner of this project, and together with Polygon, the PYR token was created. Vulcan Forged says it chose Polygon because it is a scalable layer 2 solution with very low transaction costs. For games with a lot of micro-transactions, this is a must.
However, Vulcan Forged can also be found on other blockchains, such as Ethereum and Vechain. Thus far, all the project's NFTs have been issued on Vechain, but these will be available cross-chain in the future, just like the PYR token.
Vulcan Forged's biggest draw (from a library of eight P2E video games and all its NFTs) is its own version on the metaverse, VulcanVerse. In this digital environment, players can earn NFTs, buy land and upgrade it too.
The team behind Vulcan Forged consists of more than 40 members spread across Greece, the United States, and Ukraine. Headquartered in Athens, Greece, it is led by CEO Jamie Thomson.
What can you use Vulcan Forged (PYR) for?
Vulcan Forged is set up for blockchain enthusiasts and gaming enthusiasts. Apart from using the PYR token as a means of payment, players can use it for gaming, staking, buying assets on the marketplace, gaming pools, earning P2E benefits, and launchpads for DeFi games, among other things.
PYR is a cross-platform utility token that gamers can use while playing Vulcan Forged games. Both the Ethereum and Polygon mainnets support PYR. Although Vulcan Forged started on Ethereum, most of its functionality is based on the Polygon blockchain.
Winning tournaments, converting LAVA from playing games, selling NFTs, and allocating their Land as a portal are all ways to acquire the PYR token. The Vulcan Forged ecosystem's secondary token, the LAVA token, can be used by users as in-game currency to build on pieces of land and upgrade NFTs.And can be obtained by deploying PYR and participating in Vulcan Forged games.
Players can earn money from Vulcan Forged games in the following ways:
Fighting against another player
Befriending another user
Exploring the expansive landscape
Hunting for things
Completing a mission
Taking screenshots of certain areas
The PYR token
The PYR token is the most important token of the Vulcan Forged ecosystem. By holding PYR in the Vulcan Forged Marketplace wallet, you can passively earn additional LAVA. It can also be staked, put in liquidity pools, and used as a means of payment within the Vulcan Forged ecosystem.
There is a maximum supply of 50 million PYR tokens. These tokens are not all in circulation yet, as new PYR tokens are unlocked in play-to-earn pools and with staking. So the remaining tokens will be released over the next few years.
Where to buy Vulcan Forged (PYR)
Want to buy Vulcan Forged (PYR)? You buy PYR from Coinmerce using iDEAL, SEPA, Bancontact, Giropay, MyBank, credit card (Mastercard and Visa), and Coinmerce Coins.
You can buy Vulcan Forged here (Hyperlink on this text to buy page). You do this by indicating in the buy window how many Vulcan Forged tokens you want to buy. You then place an order to confirm the purchase. You have the choice here of a traditional market order, where you buy Vulcan Forged at the market price, but can also place a stop-limit order or repeating order. That‘s why every trader, ranging from beginners to advanced traders, can rely on Coinmerce.
Before being able to buy Vulcan Forged, you‘ll need a Coinmerce account. Registering an account is done within 5 minutes. Click here to register an account with Coinmerce.
How can you store Vulcan Forged (PYR)?
Do you want to store Vulcan Forged in a crypto wallet? Then it's best to choose a PYR wallet. However, it is also possible to store your PYR crypto tokens in your Coinmerce wallet after purchase. This wallet is linked to your personal Coinmerce account.
Do you prefer to store Vulcan Forged in your own wallet? Like a hardware wallet? You can send your Vulcan Forged crypto tokens to your own hardware wallet, such as that of Trezor or Ledger. To do so, you first need to verify the wallet address. You can do this easily and quickly within your Coinmerce account.