Introduction
Vulcan Forged is a blockchain game studio and ecosystem/marketplace for Polygon (MATIC) games. The PYR token powers the ecosystem and marketplace—the token is used for buying and selling in the market and staking. Alongside the many games developed by and porting over to Vulcan Forged are some unique dApps such as STAMP, a blockchain copyright protection system, and Anvil, an NFT maker, potentially allowing anyone to create their dApp. Part of the Vulcan Forged ecosystem is Agora (formerly VeriArti), a blockchain / NFT art gallery and marketplace. Vulcan Forged has recently secured the IP rights to works featured in the Frank Frazetta Art collection.
What Is Vulcan Forged (PYR) Crypto Coin?
Vulcan Forged is a community-based blockchain gaming hub built on Ethereum that develops its games, offers support to 3rd-party game developers, incubates dApps, and procures NFT trading for its native ecosystem.
The project features a library of eight P2E video games, some of which the Vulcan Forged team set. Each game allows players to purchase, earn, or sell in-game purchases as NFTs and make money.
The PYR token
Based on Ethereum (ETH), the PYR token was designed to have a range of utilities in the Vulcan Forged ecosystem. Investors can purchase and trade NFTs in its marketplace using PYR.
The ERC-20 token can also be earnt by playing Vulcan Forged’s numerous games. Other methods to make yield include staking the token in ground properties on the VulcanVerse.
While there are fees in-game, such as transacting on the marketplace, the gaming studio has used Polygon (MATIC) to decrease these costs.
PYR is part of a dual token system. Its sister token bears under the ticker LAVA and is mainly used for rewarding participants. Anyone engaging with Vulcan Forged’s games will earn experience points and LAVA tokens.
PYR’s incentives are heavily based on a rewards pool. These pools are dedicated to those leveling up and staking their NFTs.
How does PYR Crypto Coin work?
PYR is a utility token. It’s used to purchase NFTs, and other virtual investments in the Vulcan Forged in-game marketplace and within Vulcan Forged games.
The flagship game of Vulcan Forged is VulcanVerse, an open-world massive multiplayer online role-playing game (MMORPG). The game is generated in a 3D earth, the quality of which lags far after most current video games.
At the center of the map sits the Palace of Vulcan. The world is then split into four quadrants that sprawl outwards in all directions from the Palace, each with its look, design, and building materials.
PYR can be spent buying in-game land (like Decentraland or The Sandbox). Players can work the ground (read: stake PYR coins) or recruit creatures called Vulcanites to toil on their behalf. They can also add buildings that produce goods and trade these with other players for PYR tokens. A secondary token, LAVA, boosts land and buyschase in-game items.
History of Vulcan Forged PYR Crypto Coin
Vulcan Forged was launched in December 2020 with Jamie Thomson as the CEO. Vulcan’s BVI company (Vulcan Forged Ltd) is the token issuer responsible for holding and auctioning digital tokens.
How Vulcan Forged PYR Tokens are created?
Together with their blockchain partner Polygon, Vulcan Developed meticulously created their ERC20 token. Polygon is an additional scaling opportunity for Ethereum that performs on top of an existing blockchain system rather than producing its own. The Vulcan Foundation funds two PYR incentive pools:
The lava pool (play-to-earn) and a staking pool. 10% of the fee collected from every Vulcan marketplace transaction, 10% from direct asset sales, and 50% of the money collected from every land upgrading charge go into both these pools. Users can bring PYR tokens from the staking (reward) collection for their good acts. Leveling up ground, where each property has seven levels, is the most standard way to stake the platform’s token. However, PYR has initiatives to give liquidity and gather seeds in exchange for Vulcan’s Vault premium products.
What is the future of Vulcan Forged PYR Crypto Coin?
The future of Vulcan Forged PYR is highly hanging on the overall performance of the crypto enterprise. When investing in PYR, you must confirm using the proper method. This type of asset is unsuitable for those with an asymmetric threat profile. However, it is always a fantastic asset for those with high-risk tolerance and a solid financial position. In addition to its speculative nature, PYR also offers exposure to global technology and an ever-growing ecosystem.
Vulcan Forged (PYR) Crypto Coin Live Price, Market Cap, Volume, Supply.
| # | Name | Price | Changes 24h | Market CAP | Volume | Supply |
|---|
Vulcan Forged PYR Crypto Coin Price Prediction
| Years | Avg Price | Lowest Price | Highest Price |
| 2022 | $9.03 | $7.22 | $10.84 |
| 2023 | $21.86 | $17.49 | $26.24 |
| 2024 | $28.42 | $22.74 | $34.11 |
| 2025 | $36.95 | $29.56 | $44.34 |
| 2026 | $48.04 | $38.43 | $57.64 |
| 2027 | $62.45 | $49.96 | $74.94 |
| 2028 | $81.18 | $64.94 | $97.42 |
| 2029 | $105.53 | $84.43 | $126.64 |
| 2030 | $137.20 | $109.76 | $164.63 |
| 2031 | $178.35 | $142.68 | $214.02 |
| 2032 | $231.86 | $185.49 | $278.23 |
| 2033 | $301.42 | $241.13 | $361.70 |
Vulcan Forged PYR Crypto Coin price prediction 2022
According to our analysis, Vulcan Forged’s price for 2022 should range between $7.22 to $10.84, and the average price of PYR should be around $9.03.
Vulcan Forged PYR Crypto Coin price prediction 2023
According to our analysis, Vulcan Forged’s price for 2023 should range between $17.49 to $26.24, and the average price of PYR should be around $21.86.
Vulcan Forged PYR Crypto Coin price prediction 2024
According to our analysis, Vulcan Forged’s price for 2024 should range between $22.74 to $34.11, and the average price of PYR should be around $28.42.
Vulcan Forged PYR Crypto Coin price prediction 2025
According to our analysis, Vulcan Forged’s price for 2025 should range between $29.56 to $44.34, and the average price of PYR should be around $36.95.
Vulcan Forged PYR Crypto Coin price prediction 2026
According to our analysis, Vulcan Forged’s price for 2026 should range between $38.43 to $57.64, and the average price of PYR should be around $48.04.
Vulcan Forged PYR Crypto Coin price prediction 2027
According to our analysis, Vulcan Forged’s price for 2027 should range between $49.96 to $74.94, and the average price of PYR should be around $62.45.
Vulcan Forged PYR Crypto Coin price prediction 2028
According to our analysis, Vulcan Forged’s price for 2028 should range between $64.94 to $97.42, and the average price of PYR should be around $81.18.
Vulcan Forged PYR Crypto Coin price prediction 2029
According to our analysis, Vulcan Forged’s price for 2029 should range between $84.43 to $126.64, and the average price of PYR should be around $105.53.
Vulcan Forged PYR Crypto Coin price prediction 2030
According to our analysis, Vulcan Forged’s price for 2030 should range between $109.76 to $164.63, and the average price of PYR should be around $137.20.
Vulcan Forged PYR Crypto Coin price prediction 2031
According to our analysis, Vulcan Forged’s price for 2031 should range between $142.68 to $214.02, and the average price of PYR should be around $178.35.
Vulcan Forged PYR Crypto Coin price prediction 2032
According to our analysis, Vulcan Forged’s price for 2032 should range between $185.49 to $278.23, and the average price of PYR should be around $231.86.
Vulcan Forged PYR Crypto Coin price prediction 2033
According to our analysis, Vulcan Forged’s price for 2033 should range between $241.13 to $361.70, and the average price of PYR should be around $301.42.
FAQ
Has Vulcan Forged a good investment?
Vulcan Forged was established to be one of the most talked about coins in the crypto space this past year. With this in mind, it is wise to say that PYR is a good choice for investment.
How high can Vulcan Forged go?
Vulcan Forged (PYR) ‘s average price can reach $5.48 this year. Over the next five years, Vulcan Forged is projected to surpass $25.42.
What was the highest price of Vulcan Forged?
The highest price for Vulcan Forged was recorded on 1st December 2021, during which PYR hit an All-Time High of $49.24
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