Illuvium price

FAQ About ILV

• What is Illuvium (ILV)?

  Illuvium is a pioneering AAA-grade decentralized Web3 gaming franchise built on the Ethereum blockchain. It seamlessly combines open-world exploration, creature collection, and strategic auto-battle mechanics. ILV is its native governance token, serving as the central economic pillar that powers player rewards, decentralized governance, staking incentives, and the overall ecosystem growth.

• What games are part of the Illuvium ecosystem?

  The Illuvium universe is an interconnected metaverse comprising several distinct, yet interoperable, gaming titles:
  1.Overworld: The core open-world exploration game where players journey through the world of Aether to discover and capture creatures called Illuvials.
  2.Zero: A complementary land-building game focused on essential resource extraction and blueprint crafting, which feeds into the larger ecosystem.
  3.Arena: The competitive autobattler game where players deploy their collected Illuvials in strategic, skill-based battles.
  4.Beyond: A collectible card game providing additional utility and possibilities for collectors and fans of the Illuvium IP.

• What makes Illuvium unique?

  Illuvium stands out for its high-quality Unreal Engine 5 graphics, AAA-level gameplay experience, and seamless integration with blockchain technology. Unlike many simpler Web3 games, Illuvium integrates a deep, visually immersive, open-world adventure with robust decentralized finance (DeFi) features like staking and yield farming, offering true digital ownership of in-game assets.

• What is the ILV token used for?

  ILV is the fundamental governance and utility token of the Illuvium ecosystem, fulfilling three critical functions:
  1.Governance: Holders can stake the ILV token to participate in the Illuvium Decentralized Autonomous Organization (DAO), voting on key development proposals and treasury management decisions.
  2.Staking rewards: Users can stake ILV to earn yield, often distributed via liquidity mining programs, ensuring long-term token holder commitment.
  3.In-game rewards: ILV is earned through successful gameplay and can be converted into the synthetic asset sILV for immediate, non-transferrable use within the game world.

• How does Illuvium’s gameplay work?

  Gameplay is centered on players exploring the vast, fictional sci-fi world to discover, capture, and train powerful creatures known as Illuvials, each represented as a unique NFT on the blockchain. These Illuvials are central to the ecosystem, being used for competitive battles in the Illuvium Arena, participating in tournaments, or being traded transparently on the dedicated in-game marketplace, thus completing the player-owned play-to-earn loop.

• Who is behind Illuvium?

  Illuvium was co-founded by Kieran Warwick and Aaron Warwick, brothers of Synthetix co-founder Kain Warwick, leading a large global team of experienced game developers, artists, and specialized DeFi engineers. The project’s strategic direction is managed and governed by the community through the democratic processes of the Illuvium DAO.

• What’s next for Illuvium?

  The future outlook focuses on achieving full, seamless integration and final launch of all core interconnected titles: Illuvium Overworld, Illuvium Arena, and Illuvium Zero. Upcoming developments include introducing new Illuvial species, enhancing the user interface and experience, fully maturing DAO governance, and solidifying cross-game NFT interoperability to ensure a cohesive digital universe experience.

• Is Illuvium a good long-term investment?

  This is not financial advice. Illuvium remains one of the most ambitious and technologically advanced projects in the GameFi space, supported by high-quality visuals, deep DeFi integration, and a transparent team. However, long-term success and the valuation of the ILV price depend critically on sustained user adoption, the ability of the gameplay to retain a large audience, and prevailing broad market conditions for decentralized digital assets.

• What is the total supply of ILV？

  The ILV token has a strictly limited maximum supply cap of 10,000,000 tokens. This limited supply is allocated across pools for the team, investors, community rewards (including staking incentives), and ensuring initial market liquidity.

• Is Illuvium multichain?

  Illuvium primarily runs on Ethereum but uses Immutable X for cross-chain NFT trading, with plans to expand further.

• How does Illuvium improve Web3 application performance?

  Illuvium drastically improves Web3 application performance by running its core in-game logic and high-volume asset transfers on a Layer-2 solution (Immutable X). This technology effectively bypasses Ethereum’s mainnet congestion, resulting in near-instantaneous transaction speeds, zero gas costs for trading, and a significantly enhanced user experience that can support a large-scale NFT market.

• How is Illuvium different from other GameFi projects?

  Illuvium emphasizes high-fidelity, AAA-quality gameplay and open-world exploration, distinguishing it from GameFi projects with simpler mechanics.