Vulcan Forged
Current price
$0.0192
−11.20%24h
LiveUpdated 24s ago
TodayVulcan Forged drops 11.2%, trailing the market.
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View as table
| Time | Price |
|---|
Change by period
- 1 hour−0.47%
- 24 hours−11.20%
- 7 days−19.94%
- 30 days−28.34%
- 1 year−97.46%
Vulcan Forged's move in context
Lagging the market today
−11.20% today against −3.27% for the market as a whole, a gap of 7.9 points. A gap this wide suggests something specific to Vulcan Forged may be moving it, not just the market mood.
Part of a slide
−19.9% over 7 days and −28.3% over 30 days: the recent move continues the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About Vulcan Forged
Overview
Vulcan Forged is a multifaceted blockchain ecosystem that focuses primarily on the development of play-to-earn gaming and non-fungible tokens (NFTs). Its core mission is to provide a user-friendly platform that allows developers and gamers to interact seamlessly within a decentralized environment. Vulcan Forged distinguishes itself through its robust gaming platform, where players can earn cryptocurrency rewards through gameplay while enabling developers to monetize their games efficiently. Its native token, PYR, is utilized within the ecosystem for various functionalities, including governance, transactions, and rewards, making it an integral part of the overall economy.
Technical Features
The Vulcan Forged platform operates on a hybrid consensus mechanism that combines aspects of both Delegated Proof of Stake (DPoS) and Proof of Authority (PoA). This unique structure enhances scalability while ensuring high transaction speeds and lower costs, making it suitable for a gaming-centric environment. Security is paramount, and the network employs sophisticated cryptographic algorithms to protect against attacks while ensuring user data integrity. The architecture of the Vulcan Forged network supports smart contracts, allowing developers to create intricate interactions and automated game mechanics. Additionally, the platform’s developer-friendly SDKs facilitate the integration of various gaming assets and NFTs, streamlining the onboarding process for developers.
Use Cases
Vulcan Forged primarily serves several critical use cases within the blockchain and gaming spheres. Its focus on play-to-earn gaming allows players to earn PYR tokens through gameplay, thereby incentivizing engagement and fostering a competitive ecosystem. The integration of NFTs into the platform enables users to buy, sell, and trade unique digital assets, such as in-game items and characters, enhancing the overall gaming experience. Moreover, Vulcan Forged supports decentralized finance (DeFi) applications that allow users to stake their PYR tokens for rewards, participate in yield farming, and engage in governance voting, thereby giving users a voice in the platform's future direction.
Development Background
Vulcan Forged was founded in 2020 by a team of experienced developers and gamers who recognized the potential of blockchain technology in transforming the gaming industry. The platform quickly garnered attention and support from the crypto community, leading to its rapid growth and expansion. Significant milestones include the launch of its native token, PYR, and the rollout of numerous games that utilize its ecosystem. The platform has also seen collaborations with various artists and developers, expanding its influence in the NFT space and establishing itself as a key player in the blockchain gaming market.
Community and Ecosystem
The Vulcan Forged community is vibrant and active, comprising developers, gamers, and crypto enthusiasts who contribute to the ecosystem's growth. Partnerships with various gaming studios and NFT marketplaces enhance its offerings, creating a diverse range of play-to-earn titles and digital assets. The community is supported by regular events, competitions, and development initiatives that encourage engagement and innovation. The Vulcan Forged ecosystem also embraces collaboration with educational and onboarding programs to help new users navigate the blockchain space effectively.
Future Potential
The future potential of Vulcan Forged is vast, given its innovative technology and expansive use cases. Its commitment to enhancing the gaming experience through blockchain technology positions it well for continued growth in the burgeoning play-to-earn and NFT markets. Upcoming developments in its roadmap include the introduction of new gaming titles, expansion of DeFi functionalities, and enhanced security measures to protect user assets. As awareness and adoption of blockchain gaming increase, Vulcan Forged is poised to become a leader in transforming how gamers interact and engage through decentralized platforms.
Vulcan Forged market
- Position by market cap among the coins we track.
- #401
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $959.52K
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $0.0183High $0.0225
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $49.24
- Now 0% of itReached 1 Dec 2021 · Needs +256,492% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 50M PYR
- 100% of max
- Coins that exist now and can be traded.
- The most coins that can ever exist. Some coins have no limit.
- 50M PYR
- The most coins that can ever exist. Some coins have no limit.
Vulcan Forged converter
1 Vulcan Forged = $0.0192
