What is a play-to-earn crypto game?Distributed technologies including blockchain and nonfungible tokens (NFTs) enable game developers and gamers a mor
What is a play-to-earn crypto game?
Distributed technologies including blockchain and nonfungible tokens (NFTs) enable game developers and gamers a more interactive, immersive and incentivized experience than ever before through the new game model advertised by tech enthusiasts and named the play-to-earn (P2E) crypto games model.
P2E games, also known as blockchain-based or cryptocurrency games, gain significant attention from the gaming community and developers as they provide an opportunity to own data for in-game assets, fuel in-game economic systems and provide many other perks to facilitate the metaverse ecosystems.
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With P2E games, players can own and trade various in-game inventory and objects such as characters, skins, weapons, virtual land and other digital accessories to achieve higher performance in the game as well as to receive financial rewards. Due to the P2E model, gamers are compensated for their skills, and developers and gaming projects have the potential to attract more players. P2E crypto games are a win-win phenomenon for emerging recently as a successful trend.
What is Vulcan Forged?
Designed as an easy-to-build and P2E ecosystem, Vulcan Forged incorporates a game studio dedicated to NFT games built on Ethereum, Polygon, and BNB Chain, as well as an NFT marketplace, launchpad, a decentralized exchange (DEX) called the VulcanDex, and a decentralized application (dApp) incubator that restlessly supports third-party game creators and procures NFT trading for its native Vulcan Forged ecosystem.
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So far, the Vulcan Forged studio has created about a dozen video games, with each one allowing players to win, sell and upgrade their in-game items and NFTs to earn crypto. Among the series of games in the Vulcan Forged ecosystem, VulcanVerse is one of the most popular games.
VulcanVerse
VulcanVerse is the Vulcan Forged studio’s flagship product. It is a metaverse and a fantasy massively-multiplayer online role-playing game (MMORPG) backed by fighting-fantasy authors Jamie Thomson and Dave Morris, where users can explore, build, quest and earn crypto.
The game is based on Greek and Roman mythology. Land, Gods, Items and Vulcanites are the main assets to own in the VulcanVerse. Gods endow players with passive abilities that improve stats such as speed and attack. Other in-game items add utility as well, providing players with spells that temporarily activate different special powers.
Pet collectibles named Vulcanites also play a considerable role in VulcanVerse’s gameplay. They are companions that follow the player throughout the map and assist them in defense, battles, foraging and espionage. On top of that, players can use their Vulcanites in other games within the Vulcan Forged ecosystem. Vulcanites vary by stats, lore, and level and can be upgraded.
Moreover, VulcanVerse is a place where the Vulcan Forged community can purchase, exchange and construct land parcels as portions of the map in the form of NFTs. These land plots, each sized 20×20, can be bought on the game-native marketplace and start at Level 1. Players are able to move up the seven levels to reach a higher rank, unlock new features, gain better tools, obtain pet Vulcanites or even stake assets to earn passive income.
VulcanVerse gameplay is interesting even for an avid gamer, as it is entertaining and easy to play. Just follow the instructions.
What is the PYR token?
PYR is the native utility token of the Vulcan Forged community-based blockchain gaming ecosystem. It is a cross-chain ERC-20 token that powers the whole scope of dApps, which players can use across all studio’s games.
PYR can be used in the Vulcan Forged for various purposes including fees for marketplace settlement, upgrading and sustaining game asset levels, buying and selling NFTs on the Vulcan Forged marketplace, earning P2E benefits, launchpads for decentralized finance (DeFi) games and gaming pools. Also, users can stake Vulcan Forged (PYR) and other assets. Moreover, PYR provides access to Vulcan Forged game developers and the dApp incubation program.
PYR is available on both the Ethereum and Polygon mainnet. Although Vulcan Forged initially launched on Ethereum, most of the features offered by the project utilize the Polygon version. For instance, the NFT marketplace executes transactions denominated in PYR/Polygon (MATIC) exclusively. By porting PYR over to the Polygon network, which is a layer-2 scaling solution, the team has significantly reduced transaction fees. As a result, Vulcan Forged seamlessly executes high-speed transactions at a low cost.
As for Vulcan Forged tokenomics, 50 million PYR have been created. 20 million of them are in max circulation, and another 10 million will be used for play-to-earn pools, staking and more. For now, PYR is available at Uniswap, Quickswap and other platforms. Users can trade…
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