Illuvium is a metaverse project built on the Ethereum blockchain developed by a decentralized autonomous organization (DAO). It is the best upcoming NFT game and the most anticipated one too. In February 2022 Illuvim has more than 60 000 registered players on the waiting list for Beta testing. Their social media followers base count more than 500 000 members. So, what’s so special about the upcoming NFT game Illuvium?
Rewards
It is expected that the rewarding fond for Illuvium players will be 70 million $. With mentioned fond Illuvim is going to surpass not just all NFT games but all the games in general. Current games, past games…all of the games of all time. Even esports games like DOTA. You must be asking how is this possible?
They have a special Treasury set up for various spending (marketing, rewards etc). It has one million ILV tokens which they can pretty much use and spend however they want. The current price of an ILV token is around 300$ per token. So how that amount of money translates to a player’s earnings?
Well, that depends on various factors. On how much time a player can spend playing the game, how good his skills are and there is an RNG (Random Number Generators) factor included. Earnings from the game also depend on investment in the game. But I am going to talk about the most popular aspect of the game – free to play. So, if you don’t invest anything in the game and just play it, the expected income is 10 $ – 20$ /per hour. And numbers become bigger for those who want to invest their own money in the game. I am not saying that you should quit your job and just play the game. Yet it can be an addition to your budget while you having fun.
Economy
Illuvium have the privilege to watch some earlier games like Axie Infinity, Pegaxy and learn from their mistakes. I don’t say that Axie Infinity is a bad game. They earned more than 1 billion dollars despite a recent hack that cost them around 600 million dollars. I am pointing to a decline in the value of their in-game token SLP. Despite losing 96% value of all time maximum token price the game has more than a million active users and more than 100 million $ in daily trading. So, there is more good than bad things about Axie Infinity. And Illuvium is about to take the good things from its predecessor and correct the mistakes they had. So how they are going to archive that?
Game’s tokenomics is designed in a way that there’s no major incentive to sell ILV. A lot of money coming into the game and the money leaving the game is actually Ethereum. That makes Illuvium unique – no other GameFi system has done it yet. So, Ethereum is entering and Ethereum is exiting. There is no reason to sell your ILV.
Illuvium Gameplay
Iluvium is a mix of Metaverse exploration, PVE, and PVP combat. You can build an army of Illuvials and fight opponents in PVP (Player vs Player) and PVE (Player vs Environment) mode. Or you can choose to explore the vastness of the game world. In fact, you can do all of the mentioned.
By exploring Illuvim world in sci-fi adventure you have a chance to catch Illuvials. You will need to have a bit of luck to capture creatures – not every attempt will be successful. That’s where is earlier mentioned RNG involved. Once captured, Illuvials and other in-game items will appear in your wallet as NFTs.
Illuvials have different characteristics: classes and affinities. Because of mentioned, some Illuvials work well together during battle while others may not. The difference also depends on the opponents’ Illuvials, making for interesting situations and matchups. Even the positioning of Illuvials before the match can make difference between win and loss.
Illuvials classes: Fighter, Rogue, Empath and Psion
Illuvials affinities: Water, Fire, Eart, Air, and Nature.
By the number of classes and affinities, one can guess that there will be many possible combinations. And it takes a long time and practice to figure out which one Illuvial is good against another. The best learning is through battle. And battle experience also lets Illuvials grow stronger, increase their powers, and level up.
Illuvials also can get stronger by fusion. If you have three fully-leveled Illuvials you can merge, or “fuse,” them into a single one, a more powerful Illuvial. More powerful Illuvials are better in combat and worth more in the market. Also, Each of these Illuvials has different rarities which make them more or less valued. Free to play players will have a chance to capture normal Illuvials and those who invest in the game will have a chance to ger rare Illuvials. When you have a fully equipped team of 3 Illuvials you can enter the battle.
The upcoming NFT game Illuvium is auto-battler game. This means that players must choose their Illuvials, weapons, and armor before the match. Players do not manually choose attacks and cannot alter the outcome of the match. But, player chooses the NFTs and their position on the mach board in the battle arena. Mentioned will decide the winner. And if you fight in public arena visitors can bet on the match outcome. There is also a PVE mode where players fight against the environment and it’s called Survival mode.
Illuvium NFT game release date
| Game type | Illuvium release date |
|---|---|
| Illuvium Zero | July 2022 |
| Illuvium main game | September 2022 |
The upcoming NFT game Illuvium Zero is an addition to the main game and it serves for mining the resources. Basically, it would be the place where Illuvium landowners can build their complex and extract the fuel. Fuel plays a critical role in the journey to catch and upgrade Illuvials. So, fuel extracted from the land will be crucial for all aspects of the game. But fuel is not the only resource that can be extracted from the land. There is also skins and other material for creating and upgrading Illuvials. Extracting resources and selling to players across all Illuvium games will earn revenue.
Transactions are made on an in-game market called Illuvidex. Illuvidex is not just the place to sell fuel but also skins, weapons, or Illuvials. Basically, every in-game resource.
Cost of transactions, or gas fee, can be expensive when buying and selling products on the in-game market. But not on Illuvidex. Illuvidex uses Ethereum L2 scaling solution called zero-knowledge technology (zk-STARKs) to “roll up” or bundle thousands of L2 transactions into a single transaction to achieve low transaction fees, without sacrificing security. Low gas fees are very important for play to earn mechanics. In every NFT game, hundreds of transactions are required to play the game. And low fees mean bigger earnings.
Illuvium Zero release date is expected to be on end of July 2022 and Illuvium release date is approximately a month after Zero version of the game.
Illuvium Tokenomics
The upcoming NFT game Illuvium game has 2 cryptocurrencies called ILV (Illuvium) and sILV. sILV will be used for in-game purchases and ILV is a staking token. At this moment the total amount of staked tokens is worth 530 million $.
ILV has a max supply of 10,000,000 tokens and has a current circulating supply of nearly 650,000. Tokens with max supply are called non-inflationary tokens and it means that is the all-time limit for minting that particular token. For those of you who don’t know the value of a non-inflationary token, I will make the comparison. Government can choose to print their currency bills without regulation which has the consequences of their currency losing value. The same is with inflationary tokens – if one has an unlimited supply there are much bigger chance to mint indefinitely and lose value. Opposite to mentioned non-inflationary tokens has a much bigger chance to hold their value. Axie Infinity token SLP is an inflationary token and that is one of the main reasons for losing 96% of its value. And for example, Bitcoin is a non-inflationary token.
Dao Governance
Dao stands for a decentralized autonomous organization. It is a collective of individuals governed by code and algorithms via a blockchain rather than a central authority like an executive team. DAOs are directed and governed by the majority rule of their users. Holders of the ILV token can use their tokens to propose individuals to become members of the “Illuvinati Council,” – the elected group responsible for running the DAO. And elected individuals are responsible for making changes in the DAO’s best interest.
Illuvium team
Illuvium’s founding team includes Kieran and Aaron Warwick, brothers of DeFi protocol Synthetix founder Kain Warwick. They have more than 7 years of experience in cryptocurrency projects and have undertaken extensive research to make this game a success. Illuvium’s game producer, Nate Wells, previously worked on hit games like Bioshock and The Last of Us.
In April this year sILV contracts were exploited. The hacker found a vulnerability and was able to mint sILV that was not coming from Illuvium. After that, he converted minted sILV for 335 ETH. How Illuvium team react? They were transparent about an exploit and fixed it in record time. On top of mentioned, they refund all the money to people who got scammed from their own fond and the DAO wasn’t financially affected.
So, it looks like Illuvium team has the expertise and making all the right moves so far.
How to by Illuvium
First, you will need to create a wallet on a cryptocurrency exchange that supports Illuvium coin (ILV). You can find step by step guide on how to do it here. Illuvium can be traded on Binance, OkeX, Sushi, Kukoin, 1inch, and CoinSpot exchanges. We recommend trading Illuvium on Binance.
Currently, Illuvium coin price is around 300$. Illuvim price prediction can be tricky in the current bear market. But, it is expected that Illuvium price will go up when the game actually starts.
Final verdict on upcoming NFT game Illuvium
By now you can tell that Illuvim is the biggest NFT gaming project Illuvium team is about to take the good things from its predecessor and correct the mistakes they had. So, they are going to be better than crypto gaming giants like Axie Infinity. And I didn’t write much about the gaming experience because there is no doubt that Illuvim graphics and even sound are the best ever seen in the crypto gaming world. Whether you plan to invest in the game or play it for free I definitely recommend you to try it. Illuvium has huge earning potential and you can have fun in the process.
Special credit to YouTuber Scoriox whose in-depth analyzes help me in part of my research. To my knowledge, Scoriox is closely associated with the co-founders of Illuvium and on top of mentioned makes great content. I highly recommend you to visit Scoriox channel.
