What is Vulcan Forged? (Whiteboard Explanation, Consensus, PYR - LAVA Tokenomics)

🤔 What is Vulcan Forged?
Vulcan Forged, also known by the market tickers $PYR and $LAVA, is a growing web3 ecosystem comprising of its carbon-neutral layer-1 blockchain named Elysium, its web3 gaming studio called Vulcan Studios, along with its upcoming Metaverse-as-a-Service project known as MetaScapes.

💡 What makes Vulcan Forged unique?
Perhaps the most unique feature of the Vulcan Forged ecosystem is the dual-token economy.
$PYR is the main currency of the ecosystem and acts as a settlement, staking, and gaming utility token.
$LAVA on the other hand is best described as a reward you get from playing video games on the Vulcan Forged network.

💰 PYR - LAVA Tokenomics
The $PYR token is an ERC-20 token and has launched with a max supply of 50 million, with around 50% in active circulation.
$LAVA token which is also an ERC-20 token and comes with a supply of 1 billion tokens. Around 5% of this total supply is in active circulation.

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Timestamps ⏳

00:00 Intro

1:29 What is Vulcan Forged?

2:31 How does Vulcan Forged work?

5:30 What makes Vulcan Forged unique?

6:46 PYR - LAVA Tokenomics


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