The Illuvium team has also released its own Ethereum ERC-20 token, ILV, and its own marketplace, the Illuvidex. There’s also a community-based voting system in place with the Illuvium DAO, which suggests new initiatives for the Illuvium ecosystem. Illuvium is a free-to-play game, but those seeking a deeper experience will need to purchase ILV and sILV tokens in order to access more in-game assets. The game begins with a spaceship crashing into an alien world with diverse environments, extreme weather events, varied climates and strange beasts. Players then take on the role of a Hunter that must explore, capture beasts and begin to unlock strange obelisks that let players fast travel and uncover more of the map. The holy grail of NFT games and the Metaverse is interoperability of assets, but what nobody tells you (except game devs and gamers that mostly hate crypto) is that this dream is bullshit.
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One core aspect of the game is the fusing of Illuvials to make them more powerful. Collecting three fully-leveled Illuvials lets players merge, or “fuse,” them into a single, more powerful Illuvial. More powerful Illuvials are better in combat and worth more ILV, the native token in the game. Those looking to make money playing Illuvium will likely need to focus on finding matching Illuvials, training them to their highest level, fusing them, and then selling them for higher values.
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From then on, they become a loyal part of the player’s collection and can be used when battling other adventurers as part of Illuvium’s auto battler gameplay. Illuvium Overworld is the open-world role-playing game (RPG) in the Illuvium ecosystem. In Overworld, players can fly around, explore seven diverse and colorful regions, forge gear, harvest and mine resources, and catch Illuvials via mini Arena-like PVE game experiences.
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Each asset is verifiable on the Ethereum blockchain, proving your ownership. By giving true custody to the player—versus belonging to the game—you have the power to collect and trade in-game items and collectables in the marketplace at your discretion. Although Illuvium has blockchain-based elements, it is more akin to a full-fledged video game. It’s accessed through a downloadable desktop app, but also has a range of supporting DeFi applications surrounding it — including a yield farm and decentralized exchange.
Nominated individuals then become candidates for the Illuvinati Council and a 72-hour voting period begins resulting in five individuals elected to the Council who will govern the platform. These elected individuals are responsible for enacting changes in the DAO’s best interest. Stakers then want to choose the “core pools” option and follow the on-screen prompts from there.
- The current CoinMarketCap ranking is #179, with a live market cap of $348,143,155 USD.
- No company will import assets worth thousands from another game because it will collapse their economy… unless the same developer makes both games.
- Although Illuvium has blockchain-based elements, it is more akin to a full-fledged video game.
- So we’re starting a new blog series where contributors can shed light on things in a more personal way.
- Illuvium was initially promoted as an AAA-grade blockchain-powered explorer game, but the scope of the project has now expanded considerably.
Anyone will be able to play during the testnet beta before the game ultimately launches in open beta on mainnet after that phase. But not every Illuvium NFT is an Illuvial—the team has also released emote NFTs, drone skins, and game badges, to name a few. The Illuvium team is also selling virtual land NFTs through its marketplace, the Illuvidex, to play Zero.
No company will import assets worth thousands from another game because it will collapse their economy… unless the same developer makes both games. You could argue that someone who buys NFTs is a ‘collector’ by default, but I don’t think that is accurate. Collectors tend to be those who find something that they NEED. It doesn’t matter if it is a stamp collection, coins, or cards. People attempt to get the whole set (or as close as possible) because it is a passion.
Driven by collaboration, our goal is to provide an unparalleled experience to players, and we’re dedicated to making it happen. Illuvium is a decentralised autonomous organisation (DAO) with a global reach, boasting over 150 dedicated contributors and thousands of empowered token holders. Curate your best team, and challenge opponents, in Illuvium Arena a PVP Autobattler game — coming soon to PC and Mac. And while we build our universe, others will recreate something that Second Life solved two decades ago, but they will attempt to convince you that somehow doing it with NFTs makes it different. And when the dust settles, we’ll be the ones with the universe everyone wants to live in. Some seek perfect stats, certain lines, or particular finishes.
For example, if 100 people were voting on a series of topics and 51 of the voters barely cared about a subject while 49 held a passionate view, the result would favor that passionate minority. There are over 100 Illuvials to find around the open world how to generate bitcoins from your home computer that belong to different classes with different affinities. Because of this, some Illuvials match well together during battle while others may not. The variation also depends on the opponents’ Illuvials, making for interesting situations and matchups.
I’m relatively direct, but unfortunately, it is hard to discuss what Illuvium is without first discussing what we are not, especially when others falsely claim to be similar or better. It has never been a project where a few public members find out early and flip quickly. You can’t buy an Illuvial yet because we want the ecosystem to be fair. If you want to buy a picture of a sword or ship (or creature or enchanted turtleneck) because a dev swears that they will “totally make a great game later on”, there are hundreds of projects for you. On the other hand, we already have more than 150 collectibles completed in AAA quality. In addition to that, we have two regions nearly complete and four more underway, as part of an eight region world that (surprise) has plans to grow over time.
This engine allows for detailed regions and environments making it stand out amongst previous blockchain-based games. Once captured, Illuvials and other in-game items will exist in the player’s wallet as NFTs. It fulfils others’ empty promises of what https://cryptolisting.org/ NFT games can be. And by integrating a DeFi protocol, we allow real investors to do what they do best in a trustless way. The contracts do what they say they will, and investors get their share when players spend in-game or on the marketplace.
Immutable X is a layer-2 Ethereum scaling blockchain from crypto startup Immutable. According to a 2022 blog post, Illuvium uses Immutable X because Immutable’s blockchain allows for “off-chain” NFT minting, and Immutable’s IMX token is not required for transactions. Illuvium uses a layer-2 scaling solution known as Immutable X. Immutable X was created specifically to speed up transactions for blockchain-based marketplaces, games and applications on Ethereum. The system uses Zero-Knowledge Rollups that bundle transactions together to improve privacy while also increasing speed.
Illuvium is not out yet, but eager gamers may not need to wait too long. The first private beta was scheduled to launch sometime in late 2021 or early 2022. Holders of the ILV token can use their tokens to nominate individuals to become members of the “Illuvinati Council,” the elected group responsible for running the DAO.
To learn more about this project, check out our deep dive of Illuvium. The team releases leaks of what they are working on the Discord channel #🚰│character-leaks as well! It’s also available to trade on most of the popular decentralized exchanges (DEXs), including Uniswap and Uniswap. It’s also relatively liquid, with the token typically racking up $3 to $6 million in daily trading volume across more than a dozen popular exchange platforms.
