ILV Price Today
The live Illuvium price today is $53.6639 with a 24-hour trading volume of $10,695,213.06. Illuvium is -2.04% in the last 24 hours.The current MyToken ranking is #120,with a live market cap of $285,363,582.20. It has a circulating supply of 5,317,591 ILV and a max supply of 10,000,000 ILV.
What Is Illuvium?
Illuvium is an Ethereum-based RPG combat game and a completely decentralized protocol. In general, Illuvium is an open-world fantasy combat game built entirely on top of the Ethereum blockchain. It is often referred to as the first actual AAA game on Ethereum. It combines elements of traditional RPG collectible games with combat mechanics of the Auto Battler genre. The game is set in a mysterious alien world, representing a new era of gaming. It was designed from the ground up to support the long-term sustainability of Illuvium gaming and governance, and to provide a AAA blockchain gaming experience for players. Illuvium is unique in that pledgers receive regular allocations and can vote on everything from issues related to token economics to features of the game itself. With Illuvium, the power to define projects as the future is purposefully left to those involved in the agreement.
Illuvium is a collectable NFT roleplaying game and automatic combat game rolled into one. The upper world offers an open-world RPG experience where you can dig, harvest, capture, and battle the Illuvials.
The game's native currency, ILV, is used to reward players with in-game earning features through the game and serves as a governance token for the project. Illuvium utilizes Ethereum's Layer 2 extension solution Immutable to significantly reduce the gas cost of NFT transactions. As with other popular GameFi games, game players fully own their Illuvials and can trade NFT on the secondary market. Illuvium provides players and investors with a unique opportunity to collect, trade, fight, and acquire rare value assets.
Set in science fiction, all players are the survivors of a starship crash on an alien world. The Illuvium mission is to travel to different parts of the world to find and fight the Illuvial beasts. Then enter more dangerous areas or fight other players to win rarer beasts to forge into NFT; However, if the player fails, he loses his beast or NFT.
Illuvium has been in development since 2020 and was created by more than 40 professionals with extensive experience in games and cryptocurrencies. Illuvium is supported by some of the biggest names in the industry, including The Quantstamp, Moonwhale, Bitcoin.com exchange and more.
Illuvium is the first community-managed AAA blockchain video game. $ILV is a digital asset that currently has no rights other than governance rights. Under Illuvium's decentralized governance structure, members of the Illuvinati Committee are elected by the $ILV holders and will determine configurations and features that may result in the $ILV holders receiving NFT, a portion of the revenue generated in the game, or other benefits.
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