Illuvium (ILV) Feed: Events, News & Roadmap
Illuvium Events on the Chart
What is Illuvium?
Illuvium is a role-playing game (RPG) built on the Ethereum blockchain, featuring an open-world exploration and NFT (Non-Fungible Token) mechanic. Illuvials, which are NFT creatures each having an affinity and class, form the core of the game’s collection and customization aspects.
The gameplay revolves around collecting these Illuvials and using them tactically in battles, leveraging their classes and affinities to create synergies for bonuses. When Illuvials reach a certain level, they can be merged to spawn more powerful creatures, adding to the strategic depth of the game.
The Illuvium game employs its own ERC-20 token, ILV, which rewards players for their achievements and can be staked in the Illuvium Vault for further ILV or sILV returns. Token holders can also participate in the game“s governance through the Illuvium Decentralized Autonomous Organization (DAO), thereby influencing the game”s development and direction. In addition, the game has sILV, another token that can be used immediately in-game, distinguishing it from ILV, which has a lock-up period.