What is PYR Token?
by LCX Team · December 4, 2023
Vulcan Forged is a blockchain game studio and NFT marketplace. They are the makers of VulcanVerse.
What is Vulcan Forged?
Vulcan Forged is a blockchain business encompassing Elysium, – a Layer-1 blockchain tailored towards AI, metaverse, game and NFT projects; Vulcan Studios, an established blockchain game development team building an ecosystem of PC and mobile Web3 games, and MetaScapes, a Metaverse as a Service (MaaS) system, providing the building blocks wrapped in a user-friendly interface. As of the second quarter of 2023, Vulcan Forged has a large, growing community and top-5 NFT marketplace volume.
Trade $PYR at LCX Exchange
Sign InWhat is PYR?
PYR is built as a settlement, staking and gaming utility token to power the entire Vulcan Forged ecosystem.
As of quarter two of 2023, PYR is supported on the Ethereum (ETH) and Polygon (MATIC) networks, which are established blockchains known for their security and scalability features, however, PYR is in the process of transitioning to the Elysium.
PYR is the native utility token that is used for:
- Fees for marketplace settlement
- Staking in VulcanVerse land and other assets
- Upgrading and sustaining game asset levels
- Play-to-earn rewards
- Access to our game developers and NFT dapp incubation program
PYR powers the entire Vulcan Forged dApp ecosystem, its primary purpose being its use as a form of currency in the marketplace, Agora.
Where Can You Buy PYR?
You can buy, trade and deposit PYR tokens at the LCX exchange. The trading pairs for PYR tokens are: PYR/EUR
