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What is Vulcan Forged (PYR)?
Vulcan Forged (PYR) is the token used in a blockchain game studio and marketplace ecosystem, built on Ethereum and also used on Polygon.
Category | Token |
|---|---|
Launch year | 2021 |
Platform | Ethereum (ETH) |
Max supply | 50,000,000 |
Circulating supply | 47,605,269.13553621 |
Main use case | Gaming and NFT ecosystem token |
Tags | collectibles-nfts, gaming, entertainment, ethereum-ecosystem, metaverse, polygon-ecosystem |
All-time high (EUR) | 43.53 (2021-12-01) |
All-time low (EUR) | 0.210926 (2026-04-07) |
Crypto data changes quickly. Always verify key details like supply, token use, and network support in the official resources and trusted data sources.
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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 or SEPA. You can also deposit euros into your account and use your euro balance to pay. 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.
Token use inside a gaming and NFT ecosystem
When a token like PYR is part of a gaming and NFT ecosystem, it usually has a job inside the apps. That job can be as simple as being required for certain actions, or as complex as being used across multiple game features and marketplace flows. A helpful mental model is to separate the token from the game. The token is the value unit that apps can check on chain, while the game and marketplace are the user facing experiences. Because each feature can implement token requirements differently, the safest way to understand PYR is to look at the specific app screen you plan to use. The interface typically shows what token balance or network is required.
Ethereum and Polygon, in plain language
Ethereum is the platform listed by CoinMarketCap for Vulcan Forged (PYR). Polygon is another network that is commonly used for scaling and for certain app experiences. CoinGecko describes the Vulcan Forged contract as available on both Ethereum and polygon POS, using the same contract address. In practice, this means the token can be interacted with through apps running on those networks. For you as a user, the key takeaway is to use the correct network in your wallet when you interact with a game or marketplace feature. If you mix networks, you can end up sending transactions on the wrong chain.
Security and risk basics for token holders
Holding PYR means you are exposed to market price changes, but also to ecosystem and technology risks. Smart contracts and dApps are software, so vulnerabilities or mistakes can happen. Another risk is operational complexity. With multiple networks, users must confirm they are on the intended chain and that the token they hold matches the network the app expects. A practical approach is to learn the official token use cases, start with small amounts, and avoid assuming that token value will follow the game activity automatically.
How to think about the future without price predictions
For a token like PYR, the future is closely tied to real usage of the ecosystem. That includes whether games keep running, whether the marketplace stays active, and whether token gated features still make sense for users. It is also worth watching how the project handles network support and user experience, since usability affects adoption. If token use becomes more or less important inside apps, that can change demand. Finally, broader regulation and market liquidity can influence how easily people can buy and sell crypto, which affects prices and risk.
Understand Vulcan Forged (PYR) step by step
What is Vulcan Forged (PYR)?
If you want to learn about Vulcan Forged (PYR), read all about it in the What is overview.
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