The blockchain game studio and NFT marketplace, Vulcan has launched V.1 of Elysium’s test net explorer. For the uninitiated, Elysium is a proof of work cryptocurrency.
Thanks to the recent launch, Vulcan’s token $PYR is on the rise and is recovering from the recent market dump. Currently, the token is trading at a price of $14.
Elysium: What to expect in the upcoming days?
Basically, Vulcan forged team made the following announcements.
Firstly, a collaboration of Elysium with Coorest, a decentralized carbon credit market, to become a carbon-neutral blockchain.
Secondly, Coorest will aid Elysium with fuel cost transactions in order to plant tokenized trees on almost 70,009 acres of land.
Thirdly, Elysium will soon target Metaverse projects. Also, the blockchain will use the $LAVA tokens as gas fees.
Vulcan Forged is a gaming studio and platform that offers a full suite of services such as a minting portal, a hot marketplace, and multiple play-to-earn tokens that use a dual token economy, PYR, and LAVA.
Furthermore, Vulcan Forged is the creator of VulcanVerse, its ecosystem’s flagship MMORPG, which is rapidly expanding and offers 10,000 land plots that can be used for scholarships or upgraded to become node validators for the upcoming Metaverse Elysium blockchain.
Besides, the VF ecosystem is moving on from the recent hack, which cost them $4.5 million in $PYR tokens as a result of a server exploit. This is to note that everyone who lost assets as a result of the hack received full compensation. Additionally, the platform recently launched Phalanx, a minting engine for limited edition Phalanx NFTs with over ten million units produced.