This marketplace serves as a place for Illuvium players to buy, sell and trade their in-game NFTs, including Illuvials, weapons, armor, skins and more. Illuivum NFTs can also be listed and traded on other marketplaces just as any blockchain’s NFTs can. More powerful Illuvials can have affinities to two elements at a time, allowing for various combinations. Illuvials can even stack the same affinity twice, letting the Illuvial become stronger within that one affinity.
Zero gas fees and near-instant transactions
At the same time, the circulating supply is approximately 2,047,914 ILV as per the crypto market tracker CoinMarketCap. On a Tier 0 server, Illuvium offers users a free-to-play option that they can use as a trial game experience to get a feel for the game and make practical preparations. In order to participate in the actual Illuvium battlefields, in which all brave gamers are participating, certain funds are needed to purchase in-game NFTs.
- Another aspect of Illuvium gameplay that makes it stand out is its art style.
- The launch of the official version of the subsequent game and the utility judgment in the staking will influence the price of ILV.
- These elected individuals are responsible for enacting changes in the DAO’s best interest.
- Again, it will depend on the exchange they’re using and how much money they have to deposit.
- It serves numerous functions such as governance, incentivization, and powering in-game mechanics.
Illuvium Marketplace: The IlluviDEX
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. The Illuvium ecosystem is designed to reward users for their contributions with ILV tokens. These tokens can be used to purchase goods and services within the ecosystem or traded on exchanges for other cryptocurrencies or fiat currencies. Tokenomics is a key driver of the Illuvium ecosystem and is essential to creating a sustainable, decentralized economy. By incentivizing users to participate in and contribute to the ecosystem, Illuvium ILV creates a self-reinforcing system that will continue to grow and thrive. One of the key factors on the battlefield is the player’s character.
Illuvial affinities:
The fusion of DeFi elements into the gameplay is one of Illuvium’s distinguishing features. Players can earn rewards by staking ILV (Illuvium’s native token) or participating in various in-game activities and creating a dynamic economy within the game. At its core, Illuvium revolves around the concept of players collecting, nurturing, and engaging in strategic battles with these Illuvials.
Your friends will join you, and you’ll make some new ones on the way. The worth of Illuvium ILV tokens has seen growth in the past years, and the goodness of NFT creatures will unfold more in the future. Whether you’re looking for a change of pace or want to see what else https://cryptolisting.org/ the Illuvium universe has to offer, check out the regions today. There are seven regions on Illuvium, but only five lands are present where you can use your Illuvium ILV tokens. The inhabitants had just started to scrape the crystal surface of the vast Illuvium globe.
Explore properties
In the Overworld, there are seven regions for you to discover and explore. This fantastical realm is home to all kinds of creatures, from gentle to ferocious creatures. It’s a land where anything is possible and where you can find your heart’s desire. There is so much to explore in the Illuvium Overworld, and every day brings new adventures.
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. No company will import assets worth thousands from another game because it will collapse their economy… unless the same developer makes both games. It is effortless to make procedural 2d art, but we chose a different path.
Once you have assembled your team you can join the fray in the autobattler where you strategically build your teams to beat your opponents in battle. The Illuvials possess unique stats, classes, and affinities. The synergy of your team—based on how you match their strengths and compensate for weaknesses—could mean a winning streak for you. Although investing in illuvium can be intimidating at first. However, there are a few important things to think about that can help users decide if it is a good investment opportunity for them.
Players do not manually choose attacks or have the ability to alter the outcome once the battle has started as is with other similarly styled games like Pokémon. In Illuvium, players are immersed in a 3D open world to explore and capture deity-like beasts called Illuvials. The Illuvials that players collect are represented with NFTs on Ethereum’s blockchain with real-world value. Players use the Illuvials they have gathered to battle other players to win ether (ETH). Your first steps in this new world are guided as you learn to navigate your surroundings and master the technology at your disposal.
There were hardly any games that I could play for hours on end and actually strategize over. But don’t get me wrong, this is not to say there aren’t ANY good games currently in the industry. There are definitely a few fun and interesting games that have been developed or are currently being developed by major game studios like Animoca Brands, Sky Mavis, Gala Games, etc. But I’m not entirely sure how many of them would qualify as AAA games. Yes, there are two primary ways in which ILV can be staked.
Finally, all in-game revenue generated from in-game purchases and marketplace transactions is transferred in the form of ILV to stakers. Central to the Illuvium ecosystem is the ILV is buying land a good investment token, which serves as the native token of Illuvium and powers it across the board. It serves numerous functions such as governance, incentivization, and powering in-game mechanics.
And in the NFT GameFi space, the fundamentals are the number of Real Collectors and Real Gamers. You only need to understand that the user base loves it and comes back for more. 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.
The regions will be tiered, and the Tier 0 region will be available for free to play players to explore and form an opinion before investing capital into the game. In this article, I outline my research findings after taking a deeper look at the project and its plans. I highly recommend you read the entire piece to truly understand whether Illuvium is a game that would be worth your time and money. I delve into the project’s team, history, game mechanics, tokenomics and ‘play-to-earn’ model.
These elected individuals are responsible for enacting changes in the DAO’s best interest. Here, you can stake ILV or ILV/ETH Liquidity Pool (LP) tokens from SushiSwap. The team releases leaks of what they are working on the Discord channel #🚰│character-leaks as well! We’re deeply grateful for your support throughout this journey, Rangers.
The game’s mechanics emphasize exploration, questing, and combat within a visually striking, decentralized world. Created on the Ethereum blockchain, Illuvium introduces a pioneering ecosystem that is ahead of traditional gaming industries. One of the most commonly used ethereum wallets in the DeFi space is the MetaMask wallet browser extension as it allows users to easily connect to various DeFi platforms. If holders choose to receive ILV, the rewards have a lock-up period of one year. This lock-up period ensures that trading pairs between ILV and other coins maintain high liquidity.
Some rare Pokémon trading cards have sold for huge sums of money, with some owned and purchased by famous internet personalities like Logan Paul. It seems like collectors are truly lining up to catch ‘em all. As you start your journey, I hope this article gives you some insight into the Illuvium Overworld. Using 2 different types of Affinity can help you counter the enemy based on the Hyper bonuses. When an Illuvial battles an enemy that it has an advantage over, its Hyper bar, starts filling up (if your Illuvial is within a 50-hexagon range of the enemy).
100% of this revenue is distributed as rewards to those staking the ILV tokens through an ILV buyback system. Each Illuvial is represented by a unique non-fungible token (NFT) and can be freely traded on external exchange platforms and the gas-free IlluviDEX (more on this later). They can also be fused into more powerful forms, and come in normal, holographic and dark holographic variants which are considerably more scarce. Illuvium is an open-world fantasy battle game built on the Ethereum blockchain. Stakers then want to choose the “core pools” option and follow the on-screen prompts from there. It’s important to note that the release of staking rewards has been temporarily paused until staking V2 is launched.
This is where players can assert dominance and show off their collection. Illuvium follows a fusion system for evolving Illuvials to their next stage. To evolve an Illuvial to the next stage, you need to collect three that have reached their maximum level. These three Illuvials are then fused into a single, more powerful creature. As more are discovered, their capture rate will fluctuate, as it is inextricably linked to the number of Illuvials that have been captured thus far.
The best way to be efficient is to utilize the Map tool early and often. The Illuvium Overworld is a PC based game and as such the main way to play is with a good old fashioned keyboard and mouse. Being a controller guy myself I had a difficult time with this gameplay method. However, gamers rejoice, after about 30 minutes of fumbling around the Overworld I decided to try out my Xbox controller.
Circulation will also be lower as many users have staked their tokens. NFTs are also adopted by Illuvium to represent each Illuvial and in-game items which can also be traded on external NFT marketplaces. Users can purchase the corresponding tokens on the Gate.io platform, and then start to stake gameplay on Illuvium’s official staking platform to obtain profits. The sILV2 is unusable outside of Illuvium’s own internal economy.