What is a cryptocurrency to earn?
Distributed technology, including blockchain and nonfungible tokens (NFTs), enables game makers and gamers to have a more interactive, comprehensive and motivating experience than ever before through the new game model advertised by tech enthusiasts called “play-to-earn” (P2E) the cryptocurrency game model.
P2E games, also known as blockchain-based or cryptocurrency games, are gaining significant attention from the gaming community and developers as they provide opportunities to own in-game assets, fuel in-game economies and provide many other benefits to facilitate metavers ecosystems.
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With P2E games, players can own and trade various in-game supplies and items such as characters, skins, weapons, virtual land and other digital accessories to gain more in-game performance as well as financial rewards. Due to the P2E model, players are paid for their skills and developers and game projects have the opportunity to attract more players. P2E cryptographic games are an economical phenomenon that has recently emerged as a successful development.
What is Vulcan Forged?
Designed as an easy-to-build and P2E ecosystem, Vulcan Forged includes a game studio dedicated to NFT games based on Ethereum, Polygon and BNB Chain, as well as an NFT marketplace, launch platform, a VulcanDex distributed exchange (DEX), and a distributed application (dApp) hatchery. restless third-party game creators and NFT trades for their original Vulcan Forged ecosystem.
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To date, the Vulcan Forged Studio has created about a dozen video games, each allowing players to win, sell and upgrade their in-game items and NFT to earn cryptocurrencies. Among games in the Vulcan Forged ecosystem, VulcanVerse is one of the most popular games.
VulcanVerse is the flagship product of the Vulcan Forged studio. This is a meta-verse and online fantasy multiplayer role-playing game (MMORPG) supported by battle fantasy creators Jamie Thomson and Dave Morris, where users can explore, build, search and earn cryptography.
The game is based on Greek and Roman mythology. Land, gods, objects and Vulcanites are the main assets that should be in VulcanVerse. Gods gives players inactive abilities that improve stats such as speed and attack. Other items in the game also add usability and provide players with spells that temporarily activate various special powers.
A pet collection called Vulcanites also plays a significant role in the game VulcanVerse. They are companions who follow the player around the map and assist him in defense, battles, foraging and spying. In addition, players can use Vulcanites in other games within the Vulcan Forged ecosystem. Vulcanites vary by statistic, science, and level and can be upgraded.
In addition, VulcanVerse is a place where the Vulcan Forged community can purchase, exchange and build parcels as part of the map in the form of NFTs. You can buy these plots, each in the size 20×20, on the game market and start at the 1st level. Players can go up seven levels to reach higher levels, unlock new features, get better tools, get Vulcanites pets or even assets to earn passive income.
VulcanVerse playback is interesting, even for avid gamers, as it’s fun and easy to play. Just follow the instructions.
What is the PYR symbol?
PYR is a native utility of the Vulcan Forged community-based blockchain gaming ecosystem. This is a cross-chain ERC-20 symbol that powers the full range of dApps that players can use in all studio games.
PYR can be used in Vulcan Forged for a variety of purposes, including market settlement fees, upgrade and maintenance of game assets, buying and selling NFT on the Vulcan Forged market, earning P2E benefits, DeFi launch pads and game pots . Users can also deposit Vulcan Forged (PYR) and other assets. In addition, PYR provides access to Vulcan Forged game developers and the dApp cultivator.
PYR is available on both Ethereum and Polygon mainnet. Although Vulcan Forged was originally launched on Ethereum, most of the features the project uses are the Polygon version. For example, the NFT market only trades in PYR / Polygon (MATIC). By transferring PYR to the Polygon network, a layer-2 size solution, the team has significantly reduced transaction fees. As a result, Vulcan Forged performs seamlessly high-speed, low-cost transactions.
In terms of Vulcan Forged tokenomics, 50 million PYR have been created. A maximum of 20 million of them are in circulation and another 10 million will be used in games to earn pots, mortgages and more. PYR is currently available on Uniswap, Quickswap and other systems. Users can trade PYR on Kucoin, Gate.io, Binance and Bittrex exchanges.
Another symbol of the Vulcan Forged ecosystem is called LAVA. Players can earn it by betting on PYR and playing Vulcan Forged games. LAVA can also be used as a currency in the game for agriculture and NFT upgrades.
How to earn money in Vulcan Forged?
Vulcan Forged is designed to reward users with symbols at each level of the game, which significantly increases their participation in the game. Rewards can be obtained by fighting with another player or by befriending a user, by completing guests and map guides, searching for items and even by taking screenshots of a person’s area.
Basically, the Vulcan Forged P2E rewards system is about betting and improving the country by destroying PYR and LAVA. Placing Vulcan Forged tokens on various assets in the game is considered to be the most profitable P2E option. This method programmatically locks encryption to improve game functionality and privileges.
To open a betting activity, players need to “SEE” their land, which comes down to paying a one-time fee that allows the land to be upgraded to the next level. Once players have upgraded their country to another level, they can start betting their symbols. They can level the plot only seven times, where each level corresponds to the amount of prizes that can be earned.
By upgrading the country to the seventh level, players maximize their PYR award. Users’ PYR tokens can be removed at any time and recovered to the landowner. However, the sowing investment will be lost and LAVA will be burned.
In addition, the Vulcan Forged LAVA Appreciation Program enables players to earn LAVA tokens by holding PYR. The program is divided into eight stages, each of which is awarded by LAVA based on the number of PYR symbols held. The only ones eligible for this program are users who have PYR in their Vulcan Forged marketplace.
Other ways to apply PYR tokens include collecting seeds in exchange for special items from Vulcan’s Vault, providing liquidity using a PYR drawing program, and pooling.
What is the future of cryptocurrencies to earn?
Vulcan Forged, which is very popular with metaverse and gaming enthusiasts, is one of the game’s main ecosystems, along with computer games and virtual worlds that players play for prizes for cryptocurrencies such as Axie Infinity, Sandbox, Sorare, Illuvium and others that contribute specifically to the new digital economy. . The numbers speak for themselves, as the P2E gaming market is growing rapidly and generating billions in revenue.
Furthermore, renaming Facebook in Meta, Microsoft’s acquisition of Activision Blizzard, Ubisoft’s introduction of Quartz for playable and energy-saving NFT and other recent major events in the industry suggest that the traditional IT and gaming industry is serious about introducing blockchain innovations in mainstream gaming.
Even though P2E does not completely surpass the traditional gaming industry, all these developments and community support strongly suggest that P2E cryptography is one of the main trends in the future of gaming.
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