Illuvium stands out as one of the latest blockchain games to take the crypto world by storm. Planned to be released on MacOS and PC in 2022, an action/adventure RPG war game based on Ethereum is one of the shining stars of the play-win category. Illuvium Coin, which has its share of the GameFi frenzy and rises in a parabolic way, is searched by users and investors on the internet with word groups such as what is ILV coin, where and how to buy ILV coin, ILV coin project, ILV coin future.
- Founder and year of establishment: Kieran Warwick and Aaron Warwick Brothers / 2020
- Blockchain: Ethereum
- Total supply: 10 million
- Circulating supply: 642 bin
- Market value: $946 million (November 24, 2021)
- Lowest price: $ 29.77
- Highest price: 2 thousand 868 dollars
- The goal of the project: An action/adventure RPG game in the Play To Earn category, built on Ethereum.
What is the Illuvium project?
In development since 2020, Illuvium is a project led by game designers Kieran Warwick and the Aaron Warwick Brothers, led by a worldwide team of more than 40 people, including the founders. Built with great anticipation, Illuvium is built using Unreal Engine 4.26, an advanced real-time 3D rendering tool built on the Ethereum network; It is a decentralized, NFT collectible and open world RPG war game. Integrated into the game with the hyper-scalable Immutable-X Layer 2 solution, Illuvium players transact in less than one second with zero gas fees for printing, trading or exchanging assets, all under user-held surveillance.
The game has a play-to-win structure. Players can earn in-game ILV coins as rewards by participating in contests and quests. It uses the blockchain to guarantee collectability of in-game items and create a functioning digital economy.
Players can traverse the alien world of Illuvium and hunt or capture game-specific creatures called Illuvials, uncovering the mysteries of the planet. Participate in missions to earn in-game rewards and decentralize your assets, paying zero fees. While the game is planned to be released in the second quarter of 2022, there is a great expectation in the crypto world.
The investors of the project include companies such as IOSG Ventures, LD Capital, YBB Foundation, Delphi Digital, Stake Capital, Moonwhale Ventures, Lotus Capital, BlockSync, Yield Guild Games, Bitscale.
What is ILV coin?
Games earned by playing like Illuvium are often called GameFi, which is a combination of the words “Game” and “Finance”. In Illuvium, players can interact with items and Illuvials. These in-game assets, including skins, items, emotes, and collectibles, exist as NFTs stored in player wallets.
NFTs that players earn by playing Illuvium can be traded or traded in-game or on Illuvium’s decentralized exchange, IlluvDEX, and on third-party platforms such as OpenSea.
ILV coin, the native ERC20-based native token of the Illuvium platform, is available on various cryptocurrency exchanges. Players do not need to hold ILV coins to play Illuvium. The game is free to play in Tier 0 regions. The main functions of ILV tokens are governance, liquidity mining and vault distributions. The game is completely decentralized and has a governance structure revolving around the ecosystem’s native token, ILV coin.
The future of ILV coin
Although the ILV coin hit the market in March 2021, it is traded on numerous major cryptocurrency exchanges with good trading volume. The price of Illuvium managed to hit an all-time high of $2,868.95 in May 2021. With this leap, it went up to $ 838 million. With the anticipation of the official launch of Illuvium in the first quarter of 2022, the highly requested ILV coin is expected to receive even greater attention and the future of ILV coin is expected to be even brighter.
Where and how to buy ILV coin?
ILV made its name by breaking the all-time record with $ 2,868 on May 29, 2021, and reached its lowest level on June 22, 2021 with $ 29.77. ILV; It is listed on major exchanges like Binance, SushiSwap, KuCoin, 1inch, OKEx. While its maximum supply is 10 million, the circulating supply in the market is shaped as 642 thousand 799 percent. The market value of ILV coin is around 946 million dollars as of November 24, 2021.
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