Top US crypto exchange Coinbase is adding a non-fungible token (NFT) game studio altcoin to its listing roadmap.
Coinbase customers could soon start trading the native token of Vulcan Forged (PYR), an NFT game studio, marketplace, and DApp (decentralized application) incubator.
The project says it has more than 10 games, more than 20,000 members in its community, and a top-five NFT marketplace volume.
PYR is trading at $3.47 at time of writing. The 257th-ranked crypto asset by market cap is up more than 7% in the past 24 hours but down more than 22% in the past seven days. PYR is also down nearly 93% from its all-time high of $49.24, which it hit last December.
Coinbase created the roadmap this year to increase transparency and reduce the possibility of front-running their listing announcements.
Earlier this year, Coinbase CEO Brian Armstrong said the exchange aims to list as many crypto assets as possible, as long they meet the company’s standards.
“It’s kind of like Amazon or something like that where a product might have three stars or it might have five stars, but if it starts to get one star consistently, it’s probably fraudulent or defective or something and maybe Amazon will remove it. Otherwise, you want to let the market decide what these things are…
My belief is there’s gonna be millions of these assets over time, and so I hope it doesn’t make news every time we add one in the future, basically.”
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Featured Image: Shutterstock/Golden Dayz/Sensvector
