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Cryptocurrency News Articles
Illuvium Will Host a Live Stream on January 9th at 21:00 UTC
Jan 04, 2025 at 12:15 pm
The event will feature the announcement of the best Illuvium memes submitted for a meme contest, with the winners revealed live.
Illuvium, an upcoming role-playing game (RPG) on the Ethereum blockchain, will be hosting a meme contest livestream on January 9th at 21:00 UTC on X.
The event will feature the announcement of the best Illuvium memes submitted for the contest, with the winners being revealed live on the stream.
Those interested in submitting memes for the contest can do so via the official Illuvium Discord server, where further details and rules for the contest will be available.
The Illuvium game, which is set to launch in 2024, will combine elements of open-world exploration with NFT (Non-Fungible Token) mechanics to offer a unique and engaging experience.
At the core of the game are Illuvials, NFT creatures that each possess an affinity and class, forming the basis for the game's collection and customization aspects.
Players will collect these Illuvials and use them strategically in battles, where their classes and affinities can be combined to create synergies for bonuses.
Moreover, as Illuvials reach a specific level, they can be merged to spawn more powerful creatures, adding another layer of strategy to the game.
The Illuvium game also utilizes its own ERC-20 token, known as ILV. This token serves multiple functions within the game, including rewarding players for their achievements.
Additionally, ILV can be staked in the Illuvium Vault to generate further returns in either ILV or sILV.
Furthermore, token holders have the opportunity to participate in the game's governance through the Illuvium Decentralized Autonomous Organization (DAO), which allows them to influence the game's development and direction.
In addition to ILV, the game features another token called sILV, which can be used immediately within the game, setting it apart from ILV, which has a lock-up period.
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