What is Illuvium Metaverse?
Illuvium is an Ethereum-based metaverse project in the vein of projects such as The Sandbox (SAND), Axie Infinity (AXS), and Decentraland (DCN) (MANA). During their time in an open-world role-playing environment, players can choose between exploring the game world and completing quests or constructing an army of Illuvials. These can be used to fight against other players, and as they win more battles, their strength increases. At the same time, the Illuvials are NFTs that can be traded (non-fungible tokens).
Some quick facts about illuvium metaverse
- Illuvium is a blockchain-based role-playing game that will be released soon and will be built on the Ethereum blockchain.
- Players explore a 3D open world in search of creatures known as Illuvials, which they can then collect and use to battle other players in a multiplayer mode.
- A play-to-earn model is employed in which Illuvials are represented on the Ethereum blockchain as NFTs, and winning battles against other players results in the transfer of ether to the player's account.
- Because Illuvium is believed to be the first blockchain-based AAA video game of this scope, it represents a significant step forward for this emerging technology.
How is the gameplay?
Players must customize their character to their liking, just as they would in any other role-playing game. Then it's time to get out into the world and start discovering things for yourself.
Illuvium is an open-world game that was created using the Unreal Engine 4 engine. This engine allows for the creation of detailed regions and environments, which distinguishes it from previous blockchain-based video games. Illuvials and other in-game items will appear in the player's wallet as NFTs once they have been captured.
It is possible to find over 100 Illuvials scattered throughout the open world, each of which belongs to a different class and has a different affinity. Consequently, some Illuvials work well together in battle, while others may not work so well together. The variation is also dependent on the Illuvials of the opponents, resulting in a variety of interesting situations and matchups.
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Is it free?
Illuvium begins with a free-to-play experience in the Tier 0 regions of the world, where players can learn the basics of the game. These sections will aid them in their learning of the game and understanding its mechanics. Even though Illuvium describes this as a “non-abridged” version, players who wish to collect NFTs from higher-tiered regions will need to upgrade to the paid version.
What is the marketplace?
Illuvium has its own online marketplace, called the IlluviDex, which is governed by the Illuvium DAO. Illuvium is a decentralized autonomous organization. This marketplace allows Illuvium players to buy, sell, and trade their in-game non-player characters (NFTs), which can include Illuvials, weapons, armor, skins, and other items. NFTs from the Illuivum blockchain can also be listed and traded on other exchanges, just like any other blockchain's NFTs.
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What cryptocurrencies are used here?
The Illuvium game is powered by two ERC-20 cryptocurrencies, ILV (Illuvium) and sILV (Silver Illuvium), which are both ERC-20 tokens.
Holders of the ILV token can participate in yield farming, staking, and governance of the Illuvium DAO, among other things. Those who wish to stake their tokens will have the option of receiving rewards in either ILV or sILV, depending on their preference.
If holders elect to receive ILV, the rewards are subject to a one-year lock-up period after being received. This lock-up period ensures that trading pairs between ILV and other coins have a high level of liquidity throughout the lock-up period. The rewards for those who choose to earn sILV will be given to them immediately and will not be subject to any lock-up period; however, sILV can only be used for in-game purchases. In order to fund the rewards for those who stake ILV, several revenue streams, including in-game purchases, are utilized.
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How to buy Illuvium(ILV)?
Illuvium (ILV) can be purchased on the following exchanges:
- SushiSwap
- Binance
- Kucoin
- 1inch
- OKEx
- CoinSpot
Is it released?
Although Illuvium has not yet been released, eager gamers may not have to wait for too long. The first private beta was scheduled to begin sometime in late 2021 or early 2022, with the public beta following shortly after.
A second private beta is scheduled to begin in mid-Q1 2022, followed by the launch of an open beta in late-Q1 2022, which will be open to anyone who wishes to participate. There is also a mobile version of the game in development, with a release date of late 2022 being speculated.
In its current off-chain, semi-private beta phase, Illuvium: Zero is expected to be released alongside the main game in Q1 2022, alongside the other expansions. It is possible that these release timelines will change, and those interested in staying up to date on release dates should keep an eye on Illuvium's Discord channel for updates as well as register and create an account on the game's official website.
Final Words
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