Illuvium (ILV): the new NFT 2.0 game for the Metaverse - Crypto DeFinance (2024)

Will the Illuvium project deliver all the AAA experiences and investor expectations? That’s what we will know when it is released in 2022.

Illuvium is another blockchain RPG game within a virtual world that includes virtual reality technology and augmented reality: the Metaverse.

The game will be launched only in 2022, but its cryptocurrency (ILV) has increased by more than 170 percent between October and December 10, 2021.

Illuvium (ILV): the new NFT 2.0 game for the Metaverse - Crypto DeFinance (1)

So, What is Illuvium?

Illuvium is a new Metaverse3D RPG gamethat lets you create characters and enjoy gameplay in real-time.

It offers the community a unique opportunity to collect, trade, battle, and earn rare in-game items.

Players will be able to build a collection of monsters that can be grown in power over time, and players can use them to venture into more dangerous regions or fight other players.

The developers want the game to be of excellent quality. Thus the characters are being developed by some of the world’s most outstanding artists, such as Aleksandr Kirilenko.

Some of the main features of the project are:

  • AAA game, characteristic of game projects that spend a lot of money on marketing and its structure, seeking image excellence, technology, and innovation.
  • Play-to-earn, where players can earn rewards as they play and complete challenges.
  • Native to the Ethereum blockchain, having standard ERC-20 format.
  • Own Illuvium token (ILV) to transact items inside the game economy.

It is now possible to stake the ILV token on Illuvium’swebsiteto encourage currency liquidity on the platform.

The Developers has allocated 3 million ILV, equivalent to 30% of the maximum supply, for participants who contribute liquidity (for three years) and participate in rewards programs.

The beta version will be formally published in the first quarter of 2022.

If you want to stay up to date on the project’s developments, you should follow the game’s primary social network accounts —TwitterandMedium.


The game:

  • has been in development since 2020.
  • Is created by a global team of over 40 people.
  • play-to-earn game,features the same developer of Synthetix (SNX), the synthetic assets protocol of the Ethereum network.

As with traditional RPG games, there will befive possible classes:

  • Fighter.
  • Guardian
  • Rogue (Rogue, specializing in attacks from behind or surprise).
  • Psion (Psionic, equivalent to a mage).
  • Empath.

The game will feature over 100 different Illuvials — the game’s creatures — in the form of non-fungible tokens (NFT), which will connect with one of five elements: water, fire, earth, air, and nature.

Illuvials can be customizedand created by combining the five affinities, such as Dust (Air + Earth) and Ice (Air + Water).

While class and affinity are the essential attributes, each Illuvial will have many additional features that help determine the player’s combat strength. It includes attack damage, attack speed, and ferocity.

Illuvium (ILV): the new NFT 2.0 game for the Metaverse - Crypto DeFinance (2)

The characters in the game will havethree levels of evolution. Over time, they will evolve, taking on new and more powerful forms.

The first character level is the most common to find. However, it will be progressively more challenging to capture, as the appearance rate will be linked to the amount of what has already been found.

Illuvium (ILV): the new NFT 2.0 game for the Metaverse - Crypto DeFinance (3)

Illuvial power also varies and will be loosely related to their rarity.

The game modes in Illuvium can be Adventuring, like Story Mode, or Battle Arena, subdivided into two modes.

  • Adventuring mode: Players can capture Illuvials for their team. Only after this mode the two other arena modalities, as we will see below, will be released. Once captured, creatures become a part of the player’s collection and fight with other players.
Illuvium (ILV): the new NFT 2.0 game for the Metaverse - Crypto DeFinance (4)

In the Battle Arenas, players will play two distinct modes, the Ranked Arena or the Leviathan Arena.

  • Ranked Arena:This game mode is restricted to players at the equivalent rank level, and the matches are random. In this mode, combat focuses on the skill, thus eliminating any extrinsic competitive advantage to the player.
  • Leviathan Arena:there are no restrictions on combat. Players can even play with a friend. Players showcase their collections, winning (or losing battles), and currency.

The most exciting thing is thatspectator players will be able to place betson the results of the matches and obtain profits (or losses).

Ways to earn currency in the game:

  1. The Illuvials hunt.

Hunting characterswill be one of the sources of income. In addition, the player will be able to improve the Illuvials and sell them on the IlluviDEX exchange, the game’s official marketplace. The sale allows users with less time to play to acquire an Illuvial North without investing a lot of time.

2.Have you prepared to pick up the pickaxe?

The game allows you toextract minerals fromthe planet’ssurfaceand transform them into valuable items to be sold on IlluviDEX.

3.Time for a fight!

The battles are ina 3D Auto Battler similar to DOTA Auto Chess or Teamfight Tactics, where players will use their collection of Illuvials to fight each other and will also be a source of revenue.

Other additional game modes have already been workshopped, with several having their own thorough Game Design Documents. Expansions will be voted on through the DAO, and the devs are looking forward to seeing how it plays out.

So, in summary, users will be able to stay on top of a 3-way battle:

  • Battling random players.
  • Battled with friends in a Leviathan arena.
  • Watch the fights and place bets on the outcome.

Another exciting and innovative point of the game is that, when playing the adventure mode, the winning players will beable to capture the defeated Illuvials. For this, they must use fragments (shards), analogous to a poke ball in the Pokemon game.

More substantial fragments make the probability of capturing more fantastic characters. The weaker ones, however, may not be able to catch them.

Anyway, whoever is successful, wins the opponent’s Illuvial.

$ILV Token and the Escrowed Illuvium ($sILV) Token

The ILV Token has several applications in the Illuvium ecosystem. Its three main benefits:

  • In-Game Rewards: Players are paid $ILV coins for their achievements, either in the table or in the bets.
  • Staking: cryptocurrency holders have the option of staking ILV in the Illuvium vault, where they earn rewards, as mentioned above.
  • Governance: through DAO Illuvium, holders will be able to participate in the project’s governance. They will have the right to vote on specific issues within the ecosystem.

The game has a unique Yield Farming reward system where ILVs will be blocked for a year before the tokens can be withdrawn.

However, there is an option to skip unlock times and convert the original asset into asecondary token, called Escrowed Illuvium ($sILV).

When claiming $sILV, users will receive the equivalent in US Dollars (USD). However, the currency cannot be traded through conventional exchanges.

The three strengths in the game that Stands out

Illuvium (ILV): the new NFT 2.0 game for the Metaverse - Crypto DeFinance (5)

No network fee:

In addition to offering the ability to play for free, it takes advantage of the blockchain Immutable X (IMX), a second-bed (Layer-2) scaling technology from Ethereum.

In other words,users will have zero gas feesfor minting or exchanging assets, as well as transaction times under one second, all with user-maintained custody. This strategy seeks to eliminate (or drastically lower) barriers to entry.

The costs are a determining factor in usability, earning money playing, and scalability of blockchain projects.

In other words,the trend is for the game to get massive player adoption— which, of course, tends to increase the price of the token exponentially!

Number of ILVs:

Its maximumsupplyis only 10 million units. In other words, very low for the world of cryptocurrencies, meaning that the total amount of tokens available in the market for users/consumers are scarce.

A practical and well-known example is Bitcoin, with a maximum supply of 21 million units, an “insufficient” quantity for significant demand.

Consequently, it creates scarcity, and its price tends to rise over the years. The same reasoning can be adapted for Illuvium.

Always keep in mind: scarcity = rarity = “status/belonging” = valorization

Zero initial investment:

Axie Infinity, the most popular blockchain game that started the era of “Play to Win” games, to begin, the player must have a minimum of three NFTs.

On the contrary, Illuvium, as mentioned before,has no entry cost, not even concerning fees.

The main games that pay their players are Descentraland (MANA) and Axie Infinity (AXS), as shown in the image below.

Illuvium (ILV): the new NFT 2.0 game for the Metaverse - Crypto DeFinance (6)

However, analyzing it with a more critical point of view, they are only indirect competitors. They do not have the same style of play, graphic quality, and gameplay opportunities as Illuvium.

One game that wantsto go head-to-head with Illuvium isStar Atlas(POLIS and ATLAS), under development on the Solana network and scheduled for release in the first quarter of 2022.

The project, which will also have AAA quality, has shown growing numbers of worshipers worldwide and is another one that promises to revolutionize the blockchain gaming world.

Final considerations:

The game promises to deliver an emotional experience in an intriguing and rewarding way throughout the entire process, from discovery to exchange.

The intention is not to retain just for the possibility of earning money, but for the quality and fun of the game, winning over loyal fans.

To give you an idea, Illuvium Twitter already has more than 192 thousand followers!

The number of ILV token holders has risen during the last three months.

This strategy tends to be essential for the Illuvium project not to be just anotherhypein theplay-to-earngaming world and last for several years — just as Pokémon persists for decades.

Will the Illuvium project deliver all the AAA experiences and investor expectations?

We’ll have to wait till it’s launched in 2022 to find out.

Illuvium (ILV): the new NFT 2.0 game for the Metaverse - Crypto DeFinance (2024)
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