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Vulcan Forged (PYR)

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What is Vulcan Forged (PYR)?

Vulcan Forged is a blockchain-based gaming ecosystem and NFT marketplace that provides tools for creating, trading, and playing games. It hosts a variety of games and an NFT marketplace where users can trade digital assets. 

The PYR token is the native crypto that powers the ecosystem, facilitating governance, staking, and transaction payments.

Who founded Vulcan Forged?

Vulcan Forged was founded in 2020 by a team of gaming and blockchain enthusiasts. The platform aims to bring gaming, NFT creation, and trading under one roof while fostering a vibrant community of developers and gamers.

Primary features of Vulcan Forged (PYR)

• Gaming ecosystem: Offers a variety of blockchain-based games, including MMORPGs and card games.

• NFT marketplace: Enables users to create, buy, and sell NFTs.

• Staking and rewards: PYR token holders can stake their tokens to earn rewards.

• Governance: Allows PYR holders to vote on protocol updates and community decisions.

Is PYR a promising cryptocurrency?

Vulcan Forged is a standout in the blockchain gaming and NFT space, combining engaging games with NFT trading and creation. Ranked among the top 500 cryptos by market cap, PYR has gained traction due to the increasing adoption of blockchain gaming and metaverse projects. Analysts predict strong growth for PYR as the gaming and NFT markets expand.

The current price of Vulcan Forged (PYR), as of 29 January 2025, is ₹234. You can buy Vulcan Forged from crypto exchanges like CoinSwitch.

How do I use Vulcan Forged (PYR)?

• Play games: Use PYR tokens to access and play blockchain-based games.

• NFT trading: Buy, sell, and trade NFTs within the Vulcan Forged marketplace.

• Staking: Stake PYR tokens to earn rewards and benefits within the ecosystem.

• Governance: Participate in protocol governance by voting on key decisions using PYR tokens.

Pros & Cons of Vulcan Forged (PYR)

Pros

• Combines gaming and NFT trading in a single ecosystem.

• Offers staking and governance opportunities for PYR holders.

• Supports a growing metaverse and blockchain gaming community.

Cons

• Faces competition from other blockchain gaming platforms like Axie Infinity and Decentraland.

• Adoption depends on the growth of blockchain gaming and NFTs.

• Market volatility, as it targets niche markets.

How to trade PYR on CoinSwitch

• Start investing in PYR with just ₹100.

• CoinSwitch provides a seamless crypto trading experience for all levels of investors.

• Easily manage your transactions and portfolios within the app.

Vulcan Forged (PYR) ICO summary

Vulcan Forged (PYR) is a blockchain-based gaming ecosystem that offers a variety of games and a marketplace for non-fungible tokens (NFTs). The project has raised a total of $16 million, with $8 million generated from a public sale and the remaining $8 million from other funding rounds. The PYR token is central to the platform, used for purchasing NFTs, staking, and participating in the ecosystem’s various features.

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FAQ's on Vulcan Forged (PYR)

1. What is the main focus of Vulcan Forged?

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Vulcan Forged is a blockchain-powered gaming ecosystem and NFT marketplace that offers a platform for creating, trading, and playing blockchain-based games. It combines gaming with NFT creation and trading, enabling users to access a variety of digital experiences.

2. What can I do with PYR tokens?

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PYR tokens can be used for staking to earn rewards, participating in governance decisions, paying for transactions within the ecosystem, and accessing blockchain-based games hosted on the Vulcan Forged platform.

3. How can I participate in the Vulcan Forged ecosystem?

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You can participate by playing blockchain-based games using PYR tokens, trading NFTs in the marketplace, staking PYR for rewards, and engaging in governance activities to vote on key protocol decisions.

4. What are the risks associated with investing in Vulcan Forged (PYR)?

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PYR faces competition from other blockchain gaming platforms, and its value is subject to the growth and adoption of blockchain gaming and NFT markets. Additionally, as a niche market, it is also prone to market volatility.

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Vulcan Forged (PYR) is a blockchain-powered gaming ecosystem and NFT marketplace designed to empower creators and gamers within the metaverse.

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Vulcan forged (pyr) Price Statistics

PYR Price Today

PYR Price

₹91.3689

Price Change 24h

percent_change_icon

6.02%

Price Change 7d

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9.97%

Market Rank

#611

Market Cap

₹383 Cr.

Trade Vol 24h

₹72 Cr

Circulating Supply

₹4 Cr. PYR

Trading Activity

50% Buy50% Sell

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Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.

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