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Vulcan Forged started out as a gaming hub targeting web3 users who could access play-to-earn (P2E) games on it that are powered by Ethereum and Polygon blockchains. However, over time, Vulcan Forged has evolved into an all-encompassing blockchain and web3 platform. It now offers Elysium (a Layer 1 blockchain), a metaverse, gaming and non-fungible token (NFT) projects, and Vulcan Studios for developing mobile and PC web3 games.
Let's explore the Vulcan Forged web3 ecosystem and learn why it's definitely a project to watch in the busy web3 space.
Key Takeaways:
Vulcan Forged is a comprehensive blockchain platform consisting of a Layer 1 (L1) blockchain (Elysium), a metaverse, NFT marketplaces and a gaming studio that caters to web3 gaming users.
It’s powered by two tokens — its primary token, PYR, and ELY (formerly LAVA).
PYR is available in Bybit’s Innovation Zone as a Perpetual contract with leverage of up to 12.5x.