Vulcan Forged is a powerful Web3 ecosystem created for gamers and developers, using blockchain technologies to manage digital assets and create unique gaming projects. Since its inception in 2019 as VeriArti, the project has significantly expanded its horizons, becoming one of the leading platforms for Play-to-Earn games that actively use NFTs. Vulcan Forged includes its own Elysium blockchain, which supports fast transactions with low fees, as well as PYR and LAVA tokens that facilitate interaction within the ecosystem. Players can earn by participating in games, while developers are given the opportunity to create and monetize content through NFTs.
- Vulcan Forged Ecosystem
- Vulcan Forged: PYR and LAVA Tokens
- Gaming Projects and NFTs
- Elysium Blockchain and Technologies
- Economy and Tokenomics of the Ecosystem
- Conclusion
Vulcan Forged Ecosystem
Vulcan Forged is an ecosystem that unites developers, gamers, and blockchain technologies. A key component of the platform is Vulcan Studios, the developer of popular games such as VulcanVerse and Berserk. The games from this studio use blockchain technology, allowing users to own unique in-game assets.
The core of the ecosystem is Elysium, a blockchain specifically created for games and NFT assets. It provides:
- Low transaction fees.
- High throughput.
- Environmental sustainability through carbon neutrality.
These features make Elysium an ideal foundation for scalable and convenient applications. The platform includes two marketplaces for trading NFTs:
- Agora Marketplace — for buying and selling digital assets.
- Cedalion Marketplace — for unique and exclusive items.
Through these marketplaces, users can exchange characters, lands, and other unique assets. Additionally, each ecosystem participant can not only sell but also create their own NFTs, expanding opportunities for content monetization. This makes the platform open and accessible to anyone interested in creating and developing digital assets. Vulcan Forged is actively working to improve the functionality of its platforms and expand opportunities for content creators. As a result, the ecosystem continues to attract new users, ensuring active interaction and sustainable growth.
Vulcan Forged: PYR and LAVA Tokens
Vulcan Forged uses two main tokens, which play a key role in the platform's ecosystem. The first is PYR, the primary token used for transactions, staking, and participation in various events. PYR is also the main tool for interacting with other projects on the platform, including access to new game features and rewards. Additionally, PYR is used to gain access to upcoming games and exclusive offers, as well as to buy NFT assets on various marketplaces.
The second token, LAVA, is a gaming currency mainly used within games on the platform. LAVA allows players to earn by participating in in-game events and completing tasks, as well as to improve assets such as characters or items. This token is used to implement gameplay mechanics and progress within the gaming ecosystems.
Moreover, PYR and LAVA have unique functions and are applied in various aspects of the ecosystem. PYR is more versatile and used for larger, long-term operations such as staking or purchasing land in games, while LAVA is focused on in-game activities and day-to-day use.
Gaming Projects and NFTs
Vulcan Forged offers a variety of gaming projects that actively use blockchain technology and NFTs. One of the main projects in the ecosystem is VulcanVerse, a multiplayer online game where users can own land, build structures, and develop their own territories. The game uses its own PYR token to purchase land and other assets, as well as to participate in various events. Players can exchange land and resources through marketplaces using unique NFTs.
Additionally, the platform includes other projects that actively use NFT assets:
- Berserk: a collectible card game with strategic elements, where the cards are NFTs.
- Vulcan’s Creed: a first-person shooter with survival elements, where players can collect NFT characters and weapons.
- Fables of Fyra: an RPG with an open world and the collection of unique items and characters as NFTs.
All these games use unique NFT assets such as characters, items, land, and cards, which can be exchanged on the platform’s marketplaces. Players can earn by participating in these games and receive rewards, including PYR and LAVA tokens, which can be used to improve their assets or converted into other cryptocurrencies. These assets available on the platform provide real value to players and open up opportunities for long-term investment and trading.
Elysium Blockchain and Technologies
Elysium is the proprietary blockchain of Vulcan Forged, created to support games and NFT projects within the ecosystem. It was developed with a focus on environmental sustainability and low transaction fees, making it ideal for scalable and highly efficient applications. Unlike many other blockchains, Elysium provides fast transaction processing, which is critical for dynamic gaming ecosystems where speed is key.
Main characteristics of Elysium:
| Feature | Description |
|---|---|
| Type | Layer-1 blockchain |
| Transaction Speed | High (instant transactions) |
| Environmental Sustainability | Carbon-neutral, supports sustainability |
| Compatibility | Supports smart contracts and NFTs |
| Transaction Fees | Minimal |
The Elysium blockchain not only supports standard cryptocurrency operations but also allows the creation and exchange of unique NFT assets such as characters, lands, and in-game items. It also serves as the foundation for smart contracts used to implement game mechanics and interactions between users and the platform. These features enable Elysium to provide high levels of performance and efficiency, which is critical for users actively participating in games and NFT trading.
Economy and Tokenomics of the Ecosystem
The economy of Vulcan Forged is built around two key tokens — PYR and LAVA, which serve different functions within the ecosystem. These tokens play an important role in supporting and stimulating activity among both players and developers.
PYR is the primary token of the ecosystem, used for larger operations such as staking, purchasing unique assets, and participating in various events. It serves as a medium of exchange and access to many platform functions. The token is also used for purchasing land and other resources in games like VulcanVerse and Berserk, as well as acquiring NFTs. It has a limited supply and is applied in long-term strategies, such as participating in Initial DEX Offerings (IDOs).
LAVA, on the other hand, is more flexible and used within games. Players earn LAVA by completing tasks, participating in games, and upgrading assets like characters, items, and cards. This token is actively used for in-game purchases, upgrades, exchanges, and earning rewards through gameplay interaction.
The economy of Vulcan Forged is focused on encouraging long-term participation within the ecosystem, rewarding players for activity, and creating value through the use of these tokens. As a result, the tokens become important tools not only for gaming but also for investment, creating a sustainable economic model for the entire platform.
Conclusion
Vulcan Forged represents a comprehensive Web3 ecosystem that is actively developing blockchain games and NFT projects. The use of PYR and LAVA tokens allows users to not only participate in games but also earn, improve assets, and invest. The Elysium blockchain provides high performance, minimal fees, and environmental sustainability, making the platform ideal for scalable applications. With constant expansion and new opportunities for both players and developers, Vulcan Forged continues to strengthen its position in the blockchain gaming and digital asset industry.
