What currency is ILV?

Illuvium's immersive RPG gameplay, where players collect and battle unique creatures known as Illuvials, has drawn a dedicated player base.

Nov 27, 2024 at 11:10 pm

What is Illuvium (ILV)?

Illuvium is an upcoming open-world RPG built on the Ethereum blockchain. Players can collect and trade creatures called Illuvials, which can be used to battle against other players. ILV is the native token of the Illuvium ecosystem and is used for various in-game activities, including purchasing land, breeding Illuvials, and participating in governance.

Key Features of Illuvium:

Open-world RPG: Players can explore a vast and detailed open world, interact with NPCs, and complete quests.
Collectible creatures: Illuvials are unique creatures that can be collected and traded. Each Illuvial has its own unique abilities and appearance.
PvP and PvE battles: Players can battle against other players or against AI-controlled enemies.
Land ownership: Players can purchase and own land in the Illuvium world, which can be used to generate resources and build structures.
Governance: ILV holders can participate in governance and vote on proposals that affect the future of the Illuvium ecosystem.

Tokenomics of ILV:

Total supply: 10,000,000 ILV
Current circulating supply: 1,870,000 ILV
Token allocation:
- 30% - Team and advisors
- 25% - Seed investors
- 20% - Public sale
- 15% - Liquidity
- 10% - Ecosystem and marketing

Use Cases of ILV:

In-game purchases: ILV can be used to purchase land, breed Illuvials, and participate in other in-game activities.
Governance: ILV holders can participate in governance and vote on proposals that affect the future of the Illuvium ecosystem.
Staking: ILV can be staked to earn rewards, including additional ILV tokens and access to exclusive content.

Where to Buy ILV:

ILV can be purchased on several cryptocurrency exchanges, including:

Binance
Coinbase Pro
Huobi Global
Gate.io
KuCoin

Conclusion:

Illuvium is a promising open-world RPG that leverages blockchain technology to create a unique and engaging gaming experience. ILV is the native token of the Illuvium ecosystem and plays a vital role in the game's economy and governance. With its strong team, innovative gameplay, and active community, Illuvium is well-positioned to become a major player in the blockchain gaming industry.

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