What is Illuvium (ILV)? Everything you need to know ILV coin

Illuvium is a hot game on the blockchain platform, featuring high-quality 3D images and play-to-earn gameplay. However, to understand Illuvium and ILV cryptocurrency, we need to take a closer look at the elements that make up this project. 

Therefore, in this article, AZCoin will provide complete and detailed information about Illuvium (ILV) and ILV coin cryptocurrency.

What is Illuvium (ILV)?

Illuvium is a 3D open-world fantasy combat play-to-earn game built on the Ethereum blockchain. The game allows players to mine, harvest, capture and battle Illuvials and their teammates. Illuvium launched its Beta in Q2 2022 and promises to deliver a unique gaming experience that incorporates cryptocurrency and NFTs.

Illuvium main goal is to create a fully decentralized game that is capable of operating autonomously and provides a hybrid gaming and cryptocurrency platform that appeals to crypto enthusiasts and gamers. By combining beautiful NFTs, unique functionality and high replay value, Illuvium will retain players longer and ensure the stability of NFT assets and tokens.

Project Team, Investors, Partners of Illuvium

Project team

Illuvium is developed by a team of leading experts in the blockchain and gaming fields:

• Kieran Warwick (Co-founder): As one of the founders of Illuvium, Kieran Warwick has experience from Blueshyft Exchange and The Burger Collective.
• Aaron Warwick (Co-Founder & Game Designer): Along with Kieran, Aaron Warwick is the co-founder and lead game designer of Illuvium. He is the creator of the game’s mechanics and content.
• Basil Gorin (CTO): Basil Gorin has over 15 years of experience in Web and Blockchain development. He plays a key role in building technical solutions for Illuvium.

Investors

Illuvium’s investors include major funds such as IOSG Ventures, LD Capital, Delphi Digital, Delphi Digital, YBB Foundation Ltd, Stake Capital, Moonwhale Ventures, Lotus Capital, Blocksync Ventures and many others. The project has successfully raised $5 million in Seed funding, led by Framework Ventures.

Partners

Illuvium key partners include Immutable X, Chainlink and many others such as Quantstamp, Yield Guild Games, Bitcoin.com. These partners help enhance the security and expand the capabilities of the platform.

Games in the Illuvium ecosystem

The Illuvium ecosystem includes many different titles, each offering a unique experience:

• Illuvium Overworld: This is the main part of Illuvium, where players explore the open world, collect Illuvials and engage in battles. The Overworld offers a rich and varied environment where Illuvials can be discovered and captured.
• Illuvium Zero: This game focuses on tactical battles with the Illuvials. Players will participate in PvP (Player vs. Player) matches to test their tactical abilities and combat skills.
• Illuvium Arena: This is the arena section of Illuvium, where players can compete against each other in intense battles to earn points and receive rewards. Arena provides a competitive environment where players can show off their skills.
• Illuvium Beyond: This title expands the Illuvium experience by providing new quests and challenges. Beyond allows players to explore new areas and interact with new elements in the game.

Illuvium highlights

Illuvium stands out with the following special features:

• High-quality 3D graphics: Using Unreal Engine 4.26, Illuvium delivers matches with extremely high-quality graphics, creating a cinematic and vivid feel.
• Beautiful and rare NFTs: The Illuvials in the game are all NFTs, designed by top artists. These NFTs not only have value in the game but can also be traded on external platforms.
• Immutable-X Solution: Illuvium uses Immutable-X on Layer 2 to solve Ethereum gas fees and performance issues. This allows players to make NFT transactions without paying gas fees and maintain custody of their assets.
• IlluviDEX and Yield Farming: Illuvium provides the IlluviDEX decentralized exchange platform, where players can trade Illuvials NFTs and participate in the Yield Farming program with a total of 4 million ILV tokens.

Overview of ILV coin

What is ILV coin?

ILV is the official currency of Illuvium, used in the gaming ecosystem for trading, shopping and participating in other activities. ILV also plays an important role in project governance and development.

Specifications of ILV coin

• Token name: Illuvium
• Symbol: ILV coin
• Blockchain: Ethereum
• Token Standard: ERC-20
• Token Type: Govencere
• Contract: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
• Circulating Supply: 4,746,905 ILV
• Market cap: $190,812,808
• Volume 24h (14/09/2024): $8,314,350
• Fully diluted market cap: $337,667,225

Allocation ILV coin

The total supply of ILV coin is 8,395,960 ILV, distributed as follows:

• Pre-seed: 5%
• Seed: 15%
• Team: 15%
• Treasury: 15%
• Launchpad: 10%
• Yield Farming: 40%

Where to buy an ILV coin?

ILV can be traded on many of the best cryptocurrency exchanges such as Binance, OKX, Kucoin, Bitget, Bybit, Uniswap and Sushiswap.

ILV coin storage wallet

To secure ILV coins, users should use reputable wallets such as MetaMask, Trust Walle or Ledger Nano S/X. These wallets provide a high level of security and easy management of your digital assets.

Should I invest in the ILV coin project?

With strong growth potential and the combination of gaming and blockchain technology, Illuvium is attracting the attention of many investors. It’s predicted that the price of ILV may grow in the near future thanks to the development of gaming and the application of new technology. However, investing in ILV coins still requires careful consideration and market research.

Conclusion

Above is the information that AZCoin has compiled about the Illuvium project and ILV coin. Hopefully the article has helped you better understand Illuvium and the potential of ILV coin. If you are considering investing in this project, make sure you have a clear understanding of the necessary information and do thorough research before deciding.