Illuvium (ILV): A Blockchain Role Playing Game (RPG)

  • Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Often touted because of the first AAA game on Ethereum, Illuvium looks to produce a source of entertainment to both casual gamers and hardcore DeFi fans through a spread of collecting and trading features.
  • It is a 3D blockchain role-playing game (RPG) built-in DeFi that allows players to battle and collect rare NFTs. ILV token can be staked to be used to pay in-game transactions and participate in governance.
  • Financially, although Illuvium (ILV) perform very well over the last year in terms of ROI compared to the cryptocurrency market's average, It Also has seen big jumps recently in market cap and price. Also, ILV's popularity in social media has increased over the last five months.
Illuvium (ILV): A Blockchain Role Playing Game (RPG)
Illuvium (ILV): A Blockchain Role Playing Game (RPG)
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Similar Coins:

Among all cryptocurrency projects, the major similar projects to Illuvium are Axie Infinity, Theta Network, and Decentraland.

However, The annual ROI of Decentraland compared to Illuvium was about 5X. The Illuvium ROI was better than Axie InfinityCoin and Theta Network more profit for the investors. Moreover, the quantity of wallets created for the ILV is about 14,021, the number of transactions is 160,899 when scripting this post.

Key Features:

Unlike most recently blockchain-powered games, Illuvium features a totally 3D environment, with over 100 unique Illuvials scattered throughout its various regions. Each Illuvial is supposed by a team of world-class artists, ensuring it appeals to players alert to big-budget retail games.

Beyond this, it boasts features that help it stand out from other blockchain-enabled games and AAA titles. These include:

Layer-2 Integration

Although Ethereum secures Illuvium, it is built on Immutable X (IMX) — a layer-2 solution designed with NFT functionality  to help scale applications.

Illuvium ensures players are able to trade and mint their NFTs with practically instant transaction finality and zero gas fees by leveraging Immutable X's capabilities. Players always secure custody of their assets while handling IMX.

The IlluviDEX

Illuvium features appropriately called the IlluviDEX is a built-in decentralized exchange (DEX) platform .

It can be used for trustlessly exchanging Illuvium assets, including Illuvial NFTs. A 5% fee is deducted from each funneled and sale into the rewards pool for ILV stakers.

Yield Farming

A total of three million ILV — cherish 30% of the utmost supply (10M) — are allocated to the Illuvium yield farming program. These are visiting be distributed over three years to users contributing liquidity and thruogh various partner reward schemes.

How To Buy:

Illuvium (ILV) has been listed on Attlas Exchange.Traders can easily and securely buy ILV with the lowest fees on Attlas Exchange:

1: Download the application and register an account.

2: Select Market from the toolbar at the most screen

 3: Select Spot

 4: Find ILV

 5: Select Buy

Background:

Illuvium is an open-world fantasy battle game developed on the Ethereum blockchain. Often touted due to the primary AAA game on Ethereum, Illuvium looks to provide a source of entertainment to both hardcore DeFi fans and casual gamers through an expansion of collecting and trading features. Illuvium could also be a decentralized gaming studio that merges online gaming with cryptocurrency. They create uniquely functional, evolving, and high production-value NFTs that are playable in an exceeding universe of play-to-earn gaming titles.

Illuvium could be a 3D blockchain role-playing game (RPG) in-built DeFi that enables players to battle and collect rare NFTs. ILV token may be staked to be accustomed to pay in-game transactions and participate in governance.

Called Illuvials to inhabit the world of Illuvium are captured by players that best them in battle and nurse them back to health. From then on, they become a loyal element of the player's collection and may be used when battling other adventurers as a part of Illuvium's auto battler gameplay.

The game could also be a fusion between an open-world PVP battle game and an exploration game. Players can spend their time build up their team of powerful beasts or exploring the expanses of the sports world.

Illuvium is being built by a worldwide team of over 40 individuals,has been in development since 2020 and including the co-founders, serial entrepreneur and early cryptocurrency adopter Kieran Warwick, and experienced game designer Aaron Warwick are brothers. (And who are coincidentally also the brothers of Kain Warwick, the co-founder of DeFi platform Synthetix).

Every Illuvium token encompasses several uses within the Illuvium ecosystem. It is the foremost token accustomed to rewards players, entitles players to their share of the Illuvium Vault for their in-game achievements, and is used for participating within the game's governance via the Illuvium decentralized autonomous organization (DAO).

Technology Review:

Illuvium is an open-world RPG blockchain game built on Ethereum which will be released in 2022. Players travel across a phantasy, defeating and catching creatures referred to as Illuvials. After adding them to your collection, you'll be able to use your monsters in battles against other players while you're questing, completing challenges, or playing through Illuvium’s story.

Illuvium also has its own tokens, ILV and sILV, and Non-Fungible Tokens (NFTs) that represent creatures, cosmetic upgrades, and functional items. the sport will have play-to-earn features, rewarding gamers with ILV tokens for completing challenges, quests, and battles.

Financial Analysis:

Illuvium’s popularity on Twitter saw exponential growth over the last five months. With a 465% increase, ILV’s Twitter followers reached 15k on November 16, 2021. Also, its Telegram channel users went up by 251% during the same period.

Illuvium (ILV) Market Cap:

Market cap is among the most critical financial factors to be considered. According to our data, a continuing sharp jump in ILV’s market cap rank during the last five months led to its current rank of 158 among all cryptocurrency projects of the market. ILV’s market cap is reported to be $658,813,543 million when writing this post. ILV’s price is $1122.28 when writing this post.

Illuvium (ILV) ROI:

Talking about Illuvium's Return On Investment (ROI), although Illuvium’s investors saw their money got almost 10x over the last year (37949% ROI), Also ILV underperformed in 'Metaverse, Non-Fungible Tokens (NFT), Gaming' categories which had 1946% growth over the past year. It underperformed in the crypto market, which had 37949% growth over the past year.

You Are Saying That Illuvium (ILV) Is The Best Crypto Investment Option?

NFT gaming projects are catching eyes these days. However, there are too many NFT gaming projects out there. So, no one better than you can decide to nominate an NFT as an investment option or not.

At Cryptologist, we provide all the reports you need to help you make the best possible decision. You can find up-to-date, reliable reports about the cryptocurrency market, especially NFT projects, on our website.

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