Thread by @BarryFried1

Time for another thread on an undervalued project: GameFi edition!
Let’s break down @VulcanForged $PYR, and why it’s my pick for the best performing gaming project of 2022.
🧵👇
1/16

Vulcan Forged has created and is creating a one of a kind Gaming/NFT/DeFi studio, with a top 5 NFT marketplace, and over 10+ games and counting.
@VulcanForged is also a Dapp incubator, all using $PYR as its native token
So let’s get into some of the alpha they’re building👀
2/16

VulcanVerse:
Open world online role-playing game, where players truly own their in game assets in the form of NFTs. Go on quests, battle other players, and earn $LAVA and special in-game NFTs! $PYR token is used for staking, buying land, and upgrading in the VulcanVerse
3/16

VulcanVerse land is split into four unique quadrants, all surrounding the palace of Vulcan in the heart of Vulcan city. Players can upgrade their creatures and farm on their land, and eventually adding new buildings with unique abilities, so stay tuned!
4/16

$PYR sowing and staking:
In order to upgrade land, players must pay a one time sowing fee, as shown below. After sowing,players can start earning $PYR tokens through staking! If a user removes their $PYR tokens, their land level will drop with it, incentivizing $PYR lockup
5/16

For some context, there are 9918 plots of land available, no more will ever be minted. If 50% of land owners max out their land and staking, this in itself will result in 33% of the circ supply being locked up! Think of the possible supply shock!
6/16

$LAVA token:
Currency used for in-game rewards, which are used for in-game upgrades throughout the gaming studio! For more info on specific games👇
docs.vulcanforged.com/games-and-appl…
7/16

Vulcan DEX:
A DEX for all your @VulcanForged gaming token needs! This will become THE premier gaming DEX, as tokens like $YGG, $SAND, $AXS, and $VNLA will be listed soon, with many more to follow! This DEX will be a game changer for investors to spot gaming gems early on!
8/16

Liquidity providers on VulcanDEX will be able to stake and lock their LP tokens to earn a special NFT reward
9/16

NFT marketplace:
Every game in the studio, especially the VulcanVerse, land/rewards are earned in the form of NFTs. ALL of this can be bought/sold on the marketplace, and has resulted in becoming a top 5 NFT marketplace in terms of volume!
market.vulcanforged.com
10/16

Remember, the $PYR token is needed to buy in game land/rewards on the marketplace, further increasing utility and scarcity of the token.
Agora:
This allows for NFT artists to create, mint, and sell their NFT creations in $PYR
11/16

Vulcan Launchpad:
Anyone with a game or Dapp idea can apply for incubation within the @VulcanForged studio/ecosystem! They will be supplied a development grant, marketing, and sale rounds, along with access to the massive Vulcan community!
12/16

One of such dapps, @The_HUSL, will launch land sales this Q1. It will be the premiere destination for some of the biggest brands in pop culture, with access to virtual events,meet and greets, and much more!In addition, it will provide a P2E style similar to the VulcanVerse
13/16

So with all of this innovation and token scarcity, the marketcap of $PYR must at least be in the billions, right?
Nope. With a marketcap of 200 million dollars, I believe this project is EXTREMELY undervalued, and will become a top gaming project for years to come. #pyr
14/16

Metaverse hype may be gone in this bearish market, but once $BTC turns back on, we’ll see a $GALA type run for $PYR
15/16

Thank you for reading
Follow for daily DeFi threads!
Sunday is GameFi day!
@BarryFried1
16/16