Vulcan Forged (PYR) is a play-to-earn game that allows players to earn cryptocurrency by winning, selling, and upgrading their in-game assets. It operates on the Ethereum and Polygon platforms, utilizing its native token PYR for various purposes such as fees, staking, and marketplace transactions. Players can earn rewards through staking, upgrading land, and participating in various in-game activities.
Vulcan Forged (PYR) is a cross-platform utility token used in the Vulcan Forged ecosystem, a community-based blockchain gaming platform. Here are the primary ways PYR is utilized:
Marketplace Settlement Fees: PYR is used to pay for fees in the Vulcan Forged marketplace, which is a gas-free NFT marketplace for Vulcan Forged games.
Staking: Users can engage in staking by locking up a portion of their PYR tokens to support the project and earn regular rewards.
Upgrading In-Game Assets: PYR is used to upgrade and sustain game asset levels, enhancing the gaming experience.
Buying and Selling NFTs: PYR can be used to purchase NFTs, virtual real estate, and virtual items within the Vulcan Forged ecosystem.
Play-to-Earn (P2E) Benefits: PYR is used to earn P2E benefits, such as rewards for winning, selling, and upgrading in-game assets.
Access to dApp Incubator: PYR provides access to Vulcan Forged's decentralized application (dApp) incubation program, supporting game developers.
- Launchpads for DeFi Games and Gaming Pools: PYR is used in launchpads for decentralized finance (DeFi) games and gaming pools, further expanding its utility.
Overall, PYR is a versatile token that supports various aspects of the Vulcan Forged ecosystem, from marketplace transactions to staking and gaming rewards.
To store Vulcan Forged (PYR) tokens, you have several options based on your needs and preferences:
MetaMask: As PYR is an ERC-20 token, you can add it to MetaMask, which allows you to manage your funds directly within your web browser.
KuCoin Account: You can store your PYR in your KuCoin account, which provides quick access to trading products like spot and futures trading, staking, and lending. KuCoin acts as the custodian of your crypto assets, ensuring security and convenience.
Non-Custodial Wallets: For maximum security and control, you can withdraw your PYR to a non-custodial wallet, such as hardware wallets, Web3 wallets, or paper wallets. This option grants you complete control over your private keys but may be less convenient for frequent trading.
Market Wallet: For interacting with the Vulcan Forged Marketplace, you need to move PYR from your "Main Wallet" to your "Market Wallet".
Ledger: You can also store PYR on a Ledger device, but you may need to manually import the token contract address to view it.
Remember to set up strong passwords and security settings to prevent unauthorized access to your funds.
To buy Vulcan Forged (PYR) tokens, follow these steps:
Create an Account:
- Go to a cryptocurrency exchange like KuCoin, Binance, or Uphold.
- Register for a free account on the exchange's website or mobile app.
- Verify your email address and identity as required by the exchange.
Choose a Funding Method:
- Select a payment method, such as a credit card, debit card, bank transfer, or Bitcoin.
- Ensure the exchange supports your chosen method.
Make a Deposit:
- Deposit funds into your exchange account using your chosen method.
- Wait for the funds to clear and be available for trading.
Buy Vulcan Forged (PYR):
- Navigate to the exchange's trading platform.
- Select Vulcan Forged (PYR) and your deposit currency (e.g., USD).
- Choose the amount of PYR you want to buy.
- Confirm your order and wait for the transaction to complete.
Store Your PYR:
- You can store your PYR tokens in your exchange account or transfer them to a personal cryptocurrency wallet.
- Consider using a wallet like Trust Wallet, which supports multiple assets and blockchains.
Remember to research the exchange, understand the fees and risks involved, and ensure you comply with any regional restrictions before buying PYR tokens.
