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I. Project Introduction
Vulcan Forged is a community-based project that promotes the development of world-class blockchain games by supporting developers through its development programs, incubation, and crowdfunding. It is a one-stop shop where blockchain game enthusiasts can access popular games and a huge NFT marketplace to buy & sell digital assets in-game.
It is already an established NFT game studio, marketplace, and dApp incubator with 10+ games, 1,000s of users, and $3m in NFT trading volume making it the top 5 NFT marketplace. The entire ecosystem is powered by its own $PYR settlement, staking, and utility token. The ERC-20 compatible $PYR is a cross-platform currency (currently on Ethereum & Polygon) designed to be interoperable across different game environments under the Vulcan Forged ecosystem.
II. Token Information
1) Token Basic Information
· Token symbol: $PYR
· Total Token Supply: 50,000,000
· Total Circulating Supply: 20,000,000 (November 2021)
· Price of tokens for early investors: US$0.40
· TGE Date: March 2021
2) Token Distribution and Release Schedule
| Category | Share of Total Supply | Release schedule |
| Staking pool | 20% (10,000,000 PYR) | Monthly emission of 208,333.33 $PYR over 4 years starting from January 1st 2022 |
| Team Allowance | 5% (2,500,000 PYR) | Monthly emission of 208,333.33 $PYR over 10 years starting from 23rd March 2024 |
| ICO/Circulating Supply | 40% (20,000,000 PYR) | Already circulating |
| Reserve | 35% (17,500,000 PYR) | Locked for 4 years. |
| Total | 100% (50,000,000 PYR) |
Table 1：Token Distribution and Release Schedule Table
III. Related Links
· Official Website: vulcanforged.com
· Whitepaper: https://vulcanforged.com/assets/pdf/whitepaper.pdf
· Blockchain Explorers:
https://etherscan.io/token/0x9534ad65fb398e27ac8f4251dae1780b989d136e| https://polygonscan.com/token/0x348e62131fce2f4e0d5ead3fe1719bc039b380a9
· Discord:discord.gg/vulcanverse
· Telegram:t.me/veriarti
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. Huobi does not take responsibility for any resulting direct or indirect losses.
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