Illuvium is an Ethereum-based blockchain app that allows the Unchanging X blockchain and Layer-2 scalability technologies. The RPG combines the creation of 3-dimensional state-of-the-art avatars alongside actual character-focused gameplay, allowing users to earn non-fungible tokens (NFTs) in-game and invest their cryptocurrency assets in a decentralized, zero-fee system. llluvium also uses an advanced, scalable, confidentiality technology with Zero-Knowledge Rollups (zk-Rollups). Illuvium employs a decentralized framework created to profit from the ecosystem's ILV coin and the Illuvium decentralized autonomous organization to supplement this and many other traits (DAO).
Illuvium is a pioneer of the cutting-edge blockchain gaming sector, among other famous initiatives such as Axie Infinity and The Sandbox. The project is a blockchain-based decentralized role-playing game (RPG) using non-fungible tokens (NFTs). Users can search for in-game items and creatures (Illuvials) in the form of NFTs in Illuvium's open digital world, which can be utilized for battling, gathering, and trading. Illuvium uses Illuvial NFTs to represent battle items, skins, collectibles, emotes, and other things. These NFTs can be purchased and exchanged on platforms like OpenSea, as well as in-game and on the IlluvDEX, the decentralized marketplace affiliated with it. In 2022, the Illuvium game will be released to the general public.
The ILV token is an Ethereum-compliant ERC-20 governance token that is used to control Illuvium's decentralized autonomous organization (DAO). In-game purchases on IlluviDEX also generate money for the token. To encourage token liquidity, ILV tokens are also used as a reward for locking liquidity within cooperating decentralized finance (DeFi) platforms.