Vulcan Forged is launching Vulcan-X, the first ever revenue-sharing centralized exchange (CEX) within in March

Vulcan-X will offer a wide range of games, incentives, and payouts to users, with fees from every trade used to buy back PYR tokens.

Vulcan Forged will launch Vulcan-X, the ‘first ever revenue-sharing CEX’, in March, the company announced.

The exchange will offer a wide range of games, incentives, and payouts to users, with fees from every trade used to buy back PYR tokens, according to the announcement.

PYR is the native token for Vulcan Forged, a blockchain game studio and NFT marketplace. The Vulcan Forged project was created as a platform for game developers, providing them with the tools and resources to create, monetize, and integrate games into the blockchain. Vulcan Forged is focused on creating high-quality blockchain games by providing developers with all the tools they need to create them.

The platform’s native token, PYR, serves several purposes:

* Payment Method: Players can use PYR to purchase virtual goods such as in-game items or land.

* Staking: Users can “freeze” their PYR tokens in order to receive various benefits or rewards in games.

* Governance: PYR holders can participate in voting on decisions regarding the development of the platform and ecosystem.

“We're thrilled to be launching Vulcan-X, the world's first revenue-sharing CEX, and to introduce a new era of trading that prioritizes community involvement and rewards,” said Mark Goren, CEO of Vulcan Forged.

“At Vulcan Forged, we're constantly striving to innovate and push the boundaries of what's possible in the blockchain industry. We believe that Vulcan-X is a testament to our commitment to creating a more engaging, rewarding, and user-centric trading experience.”

Earlier this month, the blockchain game studio announced the integration of its game tokens into the platform. The move will enable seamless transitions between games and the exchange, amplifying the strengths of both.