Round | Amount | Valuation | Date | Investors |
---|---|---|---|---|
Series A | $12M | -- | Mar 26, 2024 | |
-- | $10M | -- | May 30, 2023 | |
IDO | $38M | -- | Apr 02, 2021 | |
Seed | $5M | -- | Mar 12, 2021 |
Illuvium (ILV) is an innovative, decentralized fantasy RPG game built on the Ethereum blockchain, aiming to merge high-quality gaming with the advantages of blockchain technology. It offers players an immersive open-world experience where they can explore diverse landscapes, capture, and battle with creatures known as "Illuvials." Each Illuvial is represented as a non-fungible token (NFT), giving players true ownership of their in-game assets, which they can trade, upgrade, or sell on various platforms.
The game is set in a sci-fi fantasy universe that encourages exploration and strategic gameplay. Players traverse different regions, encountering and capturing Illuvials, each possessing unique abilities. These creatures can be trained, enhanced, and used in battles against other players, creating a competitive and strategic environment. By blending traditional gameplay elements with blockchain, Illuvium stands out from other blockchain games by striving for high-quality graphics and engaging gameplay that can appeal to both crypto enthusiasts and traditional gamers.
At the heart of Illuvium's ecosystem is the ILV token, which has several uses, including governance, staking, and rewarding players. Through the game’s play-to-earn model, players earn ILV tokens by completing in-game achievements, participating in tournaments, and staking tokens. This system provides tangible rewards, allowing players to derive real-world value from their in-game activities. The project is also governed by a decentralized autonomous organization (DAO), enabling ILV holders to vote on crucial decisions about the game’s development, updates, and future expansions.
Illuvium aims to bridge the gap between blockchain technology and traditional gaming by focusing on quality and gameplay depth, distinguishing itself from other blockchain games that often lack sophisticated visuals. The team behind Illuvium has committed to creating a polished gaming experience, with features like land sales and cross-game interoperability planned for the future. By integrating DeFi elements, Illuvium seeks to create a dynamic play-to-earn model where players can benefit financially while enjoying an engaging gaming experience.