What is Vulcan Forged?
Vulcan Forged is a community-driven project that aims to support the development of world-class blockchain games. The platform offers a variety of services including development programs, mentorship, and fundraising for game creators. By providing an easy-to-use ecosystem, Vulcan Forged aims to be a one-stop-shop for blockchain game enthusiasts. The platform includes a gaming studio, an NFTDApp ecosystem, and a marketplace where players can trade digital assets in-game.
The platform is built on the use of the ERC20-compliant PYR token, which is a cross-platform cryptocurrency used in the platform's game titles. PYR tokens can be used to buy Vulcan Verse assets, pay transaction fees, and stake for access to DeFi game launchpads. In addition, 10% of each PYR transaction is allocated to reward pools for ecosystem collaborators. The token also serves as a funding mechanism for third-party game developers within the ecosystem by creating a liquidity pool for developer funding.
One of the key features of Vulcan Forged is its support for third-party developers. The platform's game studio, environment, and leading NFT marketplace are designed to help developers turn their gaming ideas into reality. Additionally, the platform's decentralized exchange (DEX) is solely dedicated to gaming tokens, allowing users to exchange and earn tokens.
The platform also rewards users with Lava Crystals, an off-chain value connected to wallets, by participating and interacting with any of the platform's produced or managed games. Users are given a percentage of PYR each month based on the percentage of PYR in the play-to-earn pool that the user has earned compared to the total number of Lava obtained by all users.
Vulcan Forged was founded in December 2020, and Jamie Thomson is the CEO. The company behind the platform, Vulcan Forged Ltd, is based in BVI and is responsible for holding and auctioning the digital tokens. The platform's goal is to provide better NFT gaming experiences and contribute to the blockchain gaming revolution.
The platform also offers a mentorship program for developers, which includes access to industry experts and resources to help them create their games. The program aims to provide guidance and support to creators throughout the development process, from idea conception to launch. Additionally, the platform offers fundraising opportunities through its investment program, which allows developers to secure funding for their projects. This program is designed to help developers bring their games to market, providing them with the resources they need to create and launch successful titles.
The platform's NFT marketplace is a key component of the ecosystem, providing a platform for users to buy and sell digital assets. Users can buy in-game items, such as weapons, armor, and other items, and trade them with other players. The marketplace also allows users to purchase game keys, which can be used to access the games on the platform. Additionally, the marketplace provides a platform for users to buy and sell NFTs, such as collectible items and other digital assets.
Vulcan Forged's decentralized exchange (DEX) is another key feature of the platform. The DEX is specifically designed for gaming tokens, providing a platform for users to trade and earn tokens. The DEX allows users to trade PYR tokens and other gaming tokens, providing liquidity and creating an active market for gaming assets.
In conclusion, Vulcan Forged is a community-driven platform that aims to foster the development of world-class blockchain games. The platform offers a range of resources and opportunities for developers, including development programs, mentorship, and fundraising. Additionally, the platform's NFT marketplace and decentralized exchange provide users with a platform to buy and sell digital assets and gaming tokens. The platform's PYR token is a key component of the ecosystem, providing a means for users to fund game development and engage with the platform. The platform's goal is to revolutionize the gaming industry by providing a one-stop-shop for blockchain game enthusiasts.
The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.
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