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Illuvium (ILV)
3.69%
$ 6.03
$ 0.222507
⇣ 5.96
15 Jan
⇡ 6.27
What is Illuvium (ILV)?

Illuvium (ILV) is a AAA role-playing/battle game built on the Ethereum blockchain where the player can freely navigate a virtual world. Illuvium attracts the attention of both gamers and hardcore DeFi fans thanks to its various collection and trading features.
A metaverse project, Illuvium features a 3D environment with over 100 unique Illuvials scattered across various parts of the virtual universe, each designed by a team of world-class artists. Thanks to this 3D environment, Illuvium appeals to game lovers who are accustomed to large-budget individual games.
A game with a slowly unfolding story and a massive explorable landscape, Illuvium features collectible NFT in-game characters and unique inventories that can be battled, traded, and leveled up.
The Metaverse begins at the very beginning of the game, aboard a transport ship that is part of an intergalactic space fleet investigating a danger. However, the ship's engines are disabled as a result of a radiation explosion caused by the drastic change in climate. So the transport ship crashes onto the surface of a planet that was the legendary cradle of civilization for the game's main character's race, but is now in ruins.
Having survived the wreckage, the main character begins to discover majestic and unique monsters, some of which have fantastic powers. The story in the Illuvium game progresses this way.
Later in the story, the main character subdues and captures the monsters he has captured in order to unravel the mysteries of the ruined planet. The character then becomes a hunter, traveling across vast lands trying to eliminate the obelisks that keep most of the planet locked away. The most important thing to note here is that since the game is still being developed, changes may be observed in the story over time.
Who Founded Illuvium?
Founded in 2020 and still under development, Illuvium was created by Kieran Warwick and experienced game designer Aaron Warwick, brothers of Kain Warwick, the founder of the popular DeFi platform Synthetix.
The metaverse game Illuvium is managed by a large team of over 40 people worldwide, including the founders.
How Does the Metaverse Game Illuvium Work?
Although Illuvium is a metaverse project with blockchain-based elements, it is a full-fledged video game with much better graphics compared to other metaverse game projects. You can download the game as an application on your desktop and access it on your personal computer. Alongside this application, a series of auxiliary DeFi applications are available for trading unique assets, i.e., NFTs, discovered or earned through battles while exploring the game's planet.
Players traverse the magnificent planet of Illuvium, fighting with Illuvials and other players or participating in quests and the game's collective story, enjoying its unique landscape. During their journey, players encounter Illuvials with varying degrees of rarity, utility, and desirability.
Illuvium is built on Unreal Engine 4.26. Battles are conducted in a simulation coded with C++ that processes events in milliseconds or less, then connected and visualized with Unreal Engine. The server can store very small input values, and any battle match can be replayed, allowing easy archiving of each fight due to this advanced system.
The game's trailer reveals a cinematic mode that allows less powerful computers to process matches in the highest possible quality.
Each region in Illuvium has been meticulously crafted by some of the world's best digital artists. The backend is hosted on Amazon Web Services (AWS), a top-class IaaS and PaaS provider. The backend service is created as a serverless model with AWS Lambda, claiming to provide extremely efficient and cost-effective scalability.
What is Illuvial?
Illuvials, in short, are NFT assets in the game Illuvium. Each of the over 100 Illuvials, designed by some of the best crypto artists, features unique 3D designs. These high-resolution 3D NFTs not only serve as collectible assets but also appear as in-game characters for players. Each Illuvial has its own unique characteristics.
Illuvial NFTs can be bought and sold on OpenSea in exchange for ETH.
What are the Key Features of Illuvium?
Unlike other blockchain-supported games, Illuvium features a completely 3D environment with over 100 unique Illuvials scattered across various regions of its devastated planet, designed by a team of first-class artists. In addition, Illuvium has several features that help it stand out from other metaverse projects and AAA games; these include layer-2 integration, The IlluviDEX, and Yield Farming.
Although Illuvium is based on Ethereum, it is built on the Immutable X (IMX) layer-2 project, designed to aid NFT functionality and scaling in blockchain applications. Immutable X offers zero gas fees and practically instant transaction solutions, while players maintain ownership of their assets when using Immutable X.
Illuvium also possesses its own decentralized exchange platform, IlluviDEX, where Illuvium assets, including Illuvial NFTs, can be safely traded. IlluviDEX charges a 5% transaction fee on every sale, which is added to the reward pool.
3 million ILV tokens (equivalent to 30% of the maximum supply) from Illuvium's metaverse game are allocated to the Yield Farming program, to be distributed to liquidity providers and users through various reward programs over a three-year period.
What is sILV?
Illuvium has a unique reward system where all ILV rewards earned through yield farming are locked for a year before they can be withdrawn. However, players have the option to convert their ILV rewards into a secondary in-game asset known as sILV, allowing them to bypass the timer for unlocking the devastated planet's sealed regions. In other words, sILV allows you to explore the metaverse game universe more quickly.
Users can claim their rewards as sILV, receiving the USD equivalent of sILV or spending their rewards early to purchase in-game items. sILV cannot be taken out of the game, meaning it cannot be withdrawn and is not represented by a blockchain-based asset.
What is Illuvium (ILV) Token?
ILV is an ERC-20 token belonging to the ecosystem of Illuvium, a metaverse project that can be considered a true AAA game with unprecedented, broad appeal.
With a maximum supply of 10 million, the Illuvium (ILV) Token was initially offered at 1 USD each for a total of 500,000 ILV during the pre-seed sale. Early-stage investors were rewarded with the lowest price for taking the highest risk. All Illuvium (ILV) Tokens found buyers in just a few days during the pre-seed sale program.
The seed sale was utilized to further accelerate new hires, audits, listings, and other costs. Starting on January 15, the seed sale concluded in less than half of the planned duration, with the entire 1,500,000 $ILV being purchased at 3 USD each.
The token distribution of Illıvium is as follows:
• Pre Seed Sale: 500,000 ILV
• Seed Sale: 1,500,000 ILV
• Team: 1,500,000 ILV
• Treasury: 1,500,000 ILV
• Launchpad: 1,000,000 ILV
• Yield Farming: 3,000,000 ILV
• In-game Reward: 1,000,000 ILV
Is Illuvium (ILV) Safe?
Since Illuvium (ILV) is an ERC-20 token, it is created within certain standards like all other ERC-20 tokens built on Ethereum.
The fact that NFT trade transactions are conducted on The IlluviDEX, a decentralized platform, ensures transaction security. Moreover, when we examine the game and consider the intense effort behind the team, we can say that the Illuvium team conducts all steps responsibly towards every observer (user) of the network.
Where Can I Buy ILV Token?
In Turkey, buying Illuvium (ILV) with Turkish Lira is surprisingly easy and quick. You can buy ILV without any technical knowledge.
Illuvium (ILV)
3.69%
$ 6.03
$ 0.222507
⇣ 5.96
15 Jan
⇡ 6.27
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