Elysium Mainnet Is Live – Everything we Know so Far

Just two days ago, on April 2nd, the VF team tweeted that the Elysium Mainnet just went live. The news were received with excitement by the community so we decided to go deeper and report the current status of the upcoming blockchain “For all Metaverses.”

About Elysium

Elysium Mainnet is live, and everyone can use it. Elysium is powered by Vulcan Forged, one of the industry’s best and most reliable gaming studios with massive plans to connect gamers from everywhere in the world.

It is 100% Carbon Neutral powered by NFTs backed by real trees planted in several countries across the globe, generating C02 (oxygen) tokens. But that’s not all, as Elysium is also:

  • Made with Rust, one of the most secure programming languages out there.
  • Scalable and easy to use.
  • Eco-Friendly & Proof of Stake.
  • EVM-Compatible.
  • Fast and Cheap with 0.5 $LAVA transaction fee.
  • EVM Compatible.( Metamask and Ethereum compatibility)
  • Less Bandwidth Usage & More Resilient.
  • 28 Dapps already participating.
  • Fortune 500 companies to join Elysium.
  • No mempool problems.
  • Extremely scalable.

Can users use Elysium?

Short answer is yes. More information will be released soon. In April, we expect that everyone will be able to get onboarded.

Is Elysium open to all projects?

As of April 4th, Elysium is available only to some selected projects. It’s expected to onboard more and open to every project during April.

How many projects are on Elysium?

There are 28 projects already building on Elysium with many more to come.

How much is the transaction fee going to be?

The play-to-earn token $LAVA is going to be the ‘GAS Token” of Elysium. Current information states that the fee is going to be 0.5 LAVA per transaction. With the current price, that’s less than $0.05.

Is there any bridger from Polygon to Elysium?

The bridge is not yet ready but the Vulcan Forged team is working on it.

About Vulcan Forged

Vulcan Forged is a gaming studio and platform with a full suite of services, including a minting portal, a hot marketplace, and multiple play-to-earn tokens that use a dual token economy, PYR, and LAVA.

Vulcan Forged is the developer of VulcanVerse, the flagship MMORPG of its ecosystem, which is expanding rapidly and offers 10,000 land plots that can be used for scholarships and upgraded to become node validators for the upcoming Metaverse Elysium blockchain.

They recently launched Phalanx, a minting engine for limited edition Phalanx NFTs with over ten clans, each containing about 100 Legendary NFTs out of 10,000 in total. You learn more here.

In addition, VF is developing an SDK that will allow all kinds of games to join the ecosystem and enable a play-to-earn economy using the secondary token $LAVA.

Be careful, and most importantly, don’t forget about the Vulcon2 event that will take place in Athens, Greece, on June 14th, with our CEO George Tsagkarakis being one of the guest speakers there. You can read all about the Vulcan Forged Event in a previous article.

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While we strive for the accuracy of the content, we provide it “as-is.” We take no responsibility for any actions or results. We write about games, treat them as games. We don’t give investment advices. Always do your own, extensive research.

George Tsagkarakis

George Tsagkarakis

George has a native interest in emerging technologies and he's a strong advocate of decentralization. He is a co-founder and manager of egamers.io.

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