Vulcan Forged PYR is the native utility token of Vulcan Forged, a blockchain game studio and NFT marketplace. The platform is known for creating VulcanVerse, a Greco-Roman fantasy metaverse. PYR token serves multiple purposes within the ecosystem, including settling marketplace fees, staking in VulcanVerse land and other assets, upgrading and sustaining game asset levels, and receiving play-to-reward incentives. Additionally, PYR grants access to the platform's game developers and NFT dapp incubation program.

Vulcan Forged PYR functions as a utility token within the Vulcan Forged ecosystem. It is used for settling fees on the marketplace, staking in VulcanVerse land and other assets, and upgrading game asset levels. PYR also serves as a reward in the platform's play-to-reward model. The platform includes VulcanVerse, a metaverse with 10,000 plots of land, Anvil, a crypto-less and gas-free NFT engine, Vulcan Market, a gas-free NFT marketplace, Berserk, an NFT online TGG, and Frenzy, a platform for creating your own tournaments with PYR as the reward token.

Vulcan Forged PYR has potential use cases within the Vulcan Forged ecosystem. It can be used to pay for marketplace settlement fees, stake in VulcanVerse land and other assets, and upgrade and sustain game asset levels. PYR also serves as a reward in the platform's play-to-reward model. Furthermore, PYR grants access to the platform's game developers and NFT dapp incubation program, indicating its potential use in fostering the development of new games and dapps.

Vulcan Forged PYR was created by Vulcan Forged, a blockchain game studio and NFT marketplace. The platform, which consists of 30 core members spread across Greece, the UK, and Ukraine, is led by CEO Jamie Thomson. The main office is located in Athens, Greece. The platform has issued 50 million PYR tokens, with 20 million as the maximum supply. An additional 10 million will be allocated for play-to-reward pools and transaction processing. The token aims to be available on various platforms.

Vulcan Forged (PYR) strives to offer improvements within the gaming industry by integrating blockchain technology, ushering in a new era of blockchain games. These games may include unique features such as true ownership of in-game assets, provable scarcity of items, interoperability across different games, and real-world economic models where players may receive non-monetary rewards through gameplay. VulcanVerse, a game developed by Vulcan Forged, exemplifies this innovation. It provides an immersive experience where players can own land, build, explore, and battle with others. Each piece of land in VulcanVerse is a Non-Fungible Token (NFT), making it a unique asset that players can trade. Furthermore, Vulcan Forged is implementing a 'play-to-earn' model, where players may receive non-financial incentives through skilled gameplay or contributions to the game ecosystem. This model has attracted a global audience, including those in developing countries where such non-financial incentives may offer opportunities.

The PYR token is the native utility token of the Vulcan Forged gaming ecosystem. It is a cross-chain ERC-20 token that powers the entire scope of decentralized applications (dApps) within the platform, which players can use across all the studio's games. PYR may be used for various purposes including fees for marketplace settlement, upgrading and sustaining game asset levels, transacting non-fungible tokens (NFTs) on the Vulcan Forged marketplace, participating in play-to-earn (P2E) activities, and engaging in launchpads for decentralized finance (DeFi) games and gaming pools. Users may participate in the staking process with Vulcan Forged (PYR) and other assets. PYR aims to provide access to Vulcan Forged game developers and the dApp incubation program. It operates on multiple blockchain networks.

In Vulcan Forged's most popular game, VulcanVerse, players can acquire and enhance land, receiving NFTs in the process. These NFTs, representing land parcels, can be traded on the platform's marketplace. Players can unlock additional features and tools, gather Vulcanites (pet collectibles), and receive non-financial incentives through staking. The platform supports the creation of quests and adventures, scavenging for NFTs, and battling other Vulcanites. The PYR token is used for staking, settlement, and gaming purposes, aiming to incorporate the use of NFTs within the gaming ecosystem.

Vulcan Forged offers a native token, PYR, which may be utilized for various in-game activities, staking mechanisms, and governance rights. The platform also facilitates the creation of Non-Fungible Tokens (NFTs) for in-game items and virtual land, enabling users to have a sense of ownership and the ability to exchange these assets within the platform's ecosystem. Vulcan Forged provides tools for creating immersive virtual worlds and ecosystems. An example is VulcanVerse, a fantasy massively multiplayer online role-playing game (MMORPG) where players can own land, build, explore, and interact with others. The platform aims to assist third-party game creators and strives to enable NFT exchanges within its native ecosystem. Community involvement is a key aspect of Vulcan Forged. PYR holders have the opportunity to participate in decision-making processes that aim to shape the platform's direction and its broader ecosystem.

Vulcan Forged incorporates a game studio dedicated to NFT games, an NFT marketplace, a decentralized exchange, and a decentralized application incubator. The platform's flagship product, VulcanVerse, is a metaverse where users can explore, build, and participate to receive non-monetary rewards in the form of cryptocurrency. The game incorporates elements of Greek and Roman mythology, and players can own and trade various in-game assets such as land, gods, items, and Vulcanites (pet collectibles). These assets can be upgraded to enhance gameplay and receive non-financial incentives. Vulcan Forged incorporates its native utility token, PYR, in its games for various functions such as marketplace settlement fees and game asset level maintenance. This ecosystem aims to provide a balanced environment conducive to both gamers and developers, facilitating the metaverse ecosystems.

Vulcan Forged addresses scalability and transaction cost concerns in gaming by utilizing the Polygon blockchain, a layer-2 scaling solution recognized for its low transaction costs and high-speed execution. This choice of blockchain is suitable for games with numerous micro-transactions. Vulcan Forged's native token, PYR, is a cross-platform utility token that gamers can use across all studio’s games, both on the Ethereum and Polygon mainnets. The ecosystem includes a decentralized exchange within the ecosystem, which allows users to trade game tokens without registration, supporting the scalability of the platform. The use of PYR for various in-game activities, including marketplace settlement fees, upgrading and sustaining game asset levels, and receiving play-to-earn benefits, aims to maintain manageable transaction costs for players.

The Vulcan Forged marketplace is a component within the Vulcan Forged ecosystem that enables the trading of in-game assets and non-fungible tokens (NFTs). It serves as a gathering place for blockchain game enthusiasts, where they can access popular games and a broad NFT marketplace to acquire and transfer digital assets. The marketplace utilizes the platform's native token, PYR, for transaction processing, participation, and as a gaming utility token. The marketplace incorporates a decentralized exchange (DEX) within its ecosystem and a decentralized application (dApp) incubator that supports third-party game creators and facilitates NFT trading. This ecosystem strives to deliver an immersive, interactive, and rewarding experience for users and developers alike. It features a play-to-earn model, where players can receive non-monetary rewards in the form of cryptocurrency by winning, selling, and upgrading their in-game assets. For developers, it presents an opportunity to create and publish their games, attracting more players and fostering a thriving gaming community.

Vulcan Forged aims to ensure the security and integrity of in-game assets and transactions through its underlying technology. The game operates on the Ethereum blockchain, which is known for its decentralized infrastructure. This aims to provide transparency and trust in every transaction, and seeks to integrate with various gaming platforms and applications. Vulcan Forged uses a unique proof-of-stake (PoS) mechanism called Vulcan Consensus. This energy-efficient algorithm allows users to receive non-monetary incentives by simply holding PYR in their wallets, encouraging long-term participation and engagement. Vulcan Forged prioritizes transparency and implements measures intended to safeguard user data. By leveraging the Ethereum blockchain’s inherent features, users can trade and interact, with the intention of their assets being protected.