Press release. Vulcan Forged has launched a new and revolutionary decentralized exchange for gaming tokens following the success of its gaming metavers, VulcanVerse.
Cardiff, United Kingdom – Blockchain gaming platform, Vulcan mesh, Announcing the introduction of the first decentralized exchange (DEX) purpose built for gaming tokens, Valkandex. The DEX gaming platform will allow users to trade any gaming token without the need for registration. Players will be able to use their newly acquired tokens in their respective games.
Users will also be able to share gaming tokens to facilitate the exchange on VulcanDEX, with users earning rewards in proportion to their specific liquidity pool share. DEX currently has 4 active pools for this purpose, including a few more, including $ YGG, $ SAND $ AXS and $ VNLA coming soon. Moreover, in-game resources can be cultivated on VulcanDEX in the form of non-fungible tokens (NFTs), creating an active economy that involves several popular blockchain-based gaming ecosystems.
VulcanDEX is also powered by $ PYR, a utility token that is the backbone of the VulcanForged gaming ecosystem. Players can participate in the DYX PYR as well as earn their prizes and participate in the pool in addition to other gaming tokens.
Pioneer of decentralized play-to-earn model
With its addition Valkandex Games and product portfolios, Vulcan mesh “Play-to-Earn” (P2E) has become a true pioneer in space. P2E is a gaming business model that builds an open economy within the gaming ecosystem and rewards those who add value to games by contributing to their development. It can be in the form of contributions such as game design and development, even beta testing new games. The idea is to give access to potential players who would otherwise pay a premium to play popular games.
Vulcan Forged integrates this emerging concept with the principle of Decentralized Economy (DeFi), which allows participants in VulcanForged’s gaming platform to contribute gaming tokens and other crypto resources to facilitate their exchange between decentralized gamers. Moreover, the P2E industry is relatively new, with players such as Axis Infinity and DeCentraland gaining significant popularity this year. This puts Vulcan counterfeiting at the edge of this new emerging industry.
Build on success
That Vulcan mesh It is not surprising to see his recent success in this leading position. Collectively, Vulcan Forged Games is set to cross the 200,000-user milestone by 2021. This has been the result of a number of successful developments, including the protection of intellectual property rights since the beginning of the year for the Bulkan Forged team. To incorporate the iconic pieces of art into their flagship in-game world, on Vulcanverse.
The work includes Frank Fraser’s “Egyptian Queen”, a painting that sold for .4 5.4 million earlier this year. Frageta is a world-renowned fantasy and science fiction artist best known for her Canaan the Barbarian illustration. In addition, Vulcan Forge has partnered with the Arkan Network to support game-centric NFTs built on polygons. The expansion of other popular ecosystems in the crypto space is part of Vulcan Forge’s long-term plan to expand access to its pioneering game and game development ecosystem.
About the Vulcan Fake
Designed as an easy to play and easy to create ecosystem, Vulcan mesh It is a community-based project that encourages the development of world-class blockchain games by supporting developers through its development programs. ‘Incubation and crowdfunding.
For blockchain game enthusiasts, Vulcan Forged is a one-stop-shop where they can access popular games and a huge NFT marketplace for buying and selling in-game digital assets. The whole ecosystem is powered by its own PYR settlement, stacking and utility tokens. The ERC20 compatible PYR is a cross-platform currency that can be used in game titles that are part of the Vulcan Forged ecosystem.
For more information on Vulcan Forged’s revolutionary new DEX, visit their website Here.
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Media contact details
Contact Name: Jimmy Exhous
Contact Email: PR@VulcanForged.com
VULCANFORGED The source of this content. This press release is for informational purposes only. Information does not constitute investment advice or investment proposals.
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