Vulcan Forged (PYR)

From CryptoWiki

Basics

  • Based in:
  • Started in / Announced on:
  • Testnet release:
  • Mainnet release:

"Vulcan Forged is a “blockchain game studio” and “NFT marketplace” building fantasy play-to-earn games inside what they call the VulcanVerse."

History

Audits & Exploits

Bugs/Exploits

"~$415 million gone. “Compromised keys” are so hot right now. The majority of the funds taken from users’ wallets was in the platform’s own token, $PYR, which is used for in-game transactions and on their native marketplace. In order to facilitate these use cases, user accounts are linked to an integrated wallet - a service provided by Venly. The private keys of 96 addresses were compromised, allowing the attacker to drain their contents. As well as $PYR, users also lost substantial amounts of other tokens including ETH and MATIC.

In contrast to the other cases, the Vulcan team has been quick to respond to the incident, posting regular updates on their Twitter feed and promising to both replace the stolen $PYR and remove the custodial wallets. According to the latest update, the majority of affected wallets have already been reimbursed from the treasury, and the team aims to pursue a 100% decentralised system going forward.

“Compromised keys” can’t be analysed by outsiders; a fact which benefits only the insiders. Who is to blame for this incident? Is it Vulcan Forged, for a lack of due diligence, or their wallet provider; Venly?"

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token Allocation

Utility

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper or docs can be found [insert here].
  • Code can be viewed [insert here].

Implementations

  • Built on:
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Transaction Details

How it works

Fees

Upgrades

Mining

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

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