What is Illuvium?
Illuvium is a decentralized gaming platform built on Ethereum and Immutable X, offering an open-world role-playing game (RPG) and auto-battler where players capture, train, and battle creatures called Illuvials. Launched in 2021, Illuvium combines NFT ownership, DeFi mechanics, and immersive gameplay to create a play-to-earn ecosystem.
Illuvium's native token, ILV, is used for governance, staking rewards, and in-game transactions within the Illuvium universe.
How is Illuvium useful?
Illuvium provides a high-quality, blockchain-powered gaming experience, allowing players to own, trade, and battle NFT-based creatures while earning rewards. Illuvium's play-to-earn model enables users to monetize in-game achievements and trade assets on Ethereum’s Layer 2 scaling solution (Immutable X) with zero gas fees.
The ILV token grants governance rights, allowing holders to vote on game development proposals and participate in staking for rewards.
How does Illuvium work?
Illuvium runs on Ethereum while utilizing Immutable X to ensure gas-free NFT transactions and high-speed trading. Players explore a vast world, capturing Illuvials—each represented as an NFT with unique attributes. These assets can be battled, traded, or used in various game modes, including PvE adventures and PvP tournaments.
The ILV token powers the economy, allowing users to stake tokens, earn yield, and participate in governance through the Illuvium DAO.
Illuvium milestones
Launch of Play-to-Earn Model: Introduced blockchain-powered gameplay with NFT ownership.
Integration with Immutable X: Enabled gas-free NFT trading and scalability.
Development of PvE and PvP Battles: Expanded gameplay mechanics and competitive elements.
Illuvium DAO Governance: Allowed ILV holders to vote on game development and ecosystem decisions.
Expansion of the Illuvium Metaverse: Introduced new game modes, land sales, and DeFi integrations.
Illuvium continues to blend high-quality gaming with blockchain technology, offering a seamless play-to-earn experience in a decentralized metaverse.
Buy Illuvium (ILV) on BITmarkets.
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