NFT Game Review: Illuvium

Social Media Platforms:

Twitter: https://twitter.com/illuviumio (294.7k Followers)
Discord: https://discord.com/invite/illuvium (196.1k Members)
Telegram: https://t.me/illuvium (19.9k Members)
Website: https://www.illuvium.io/

Team behind the game:

IlluviumΓÇÖs team is completely doxxed comprising around 150 professionals with tons of experience and passion in the blockchain and gaming industry. Kieran Warwick, Aaron Warwick, and Grant Warwick, the three brothers from Australia are the creators and co-founders of this yet-to-launch game. Basil Gorin and John Avery are also associated with this game as Blockchain lead and CTO of the Illuvium. The complete team details can be accessed here.

Investors Details:

Illuvium has raised funding through multiple rounds, and popular companies and private investors are backing this project. These include Lotus Capital, LD Capital, Delphi Capital, Yield Guild Games, YBB Foundation, Sebastien Broget, Anton Bukov, Danish Chowdry, Stani Kulechov, Kevin Lu, and the list goes on.

Audit:

Illuvium has gone through security audits of its ERC-20 token and the yield farming contracts. The audit was conducted by Quantstamp, a leading smart contract security company. The security assessment certificates issued after the audit can be accessed here: 1) ERC-20 Token Security Audit Yield Farming, 2) Yield Farming Contract Audit

Analysis:

Illuvium is the first AAA blockchain-powered multiplayer role-playing game in the NFT space. Illuvium is a play-to-earn NFT game developed on the Ethereum blockchain that involves battles and exploring a completely immersive 3D alien world. The game utilizes Immutable-X, a layer-2 scaling solution for Ethereum blockchain to help with the overall NFT experience inside the game as Immutable-X significantly improves the processing and cost of transactions.

The gameplay involves exploring a fantasy world and capturing rare beasts and creatures with different abilities and skills that help users battle against other players. These mysterious creatures are represented through NFTs and are called Illuvials, they can be captured, mined, traded with other users, and can be bought on IlluviumΓÇÖs decentralized marketplace called IlluviDEX. The beta version of the game has over 100 illuvials with different abilities and classes that help with various aspects during the battle. Users can earn rewards in the form of ILV tokens by participating in and completing different quests, tournaments, and competitions.

Apart from creatures, different in-game assets like weapons, skins, and armors are also represented through NFTs that take part in the battle along with the userΓÇÖs character. One unique aspect of the Illuvium is the fusion of Illuvial NFTs that allows users to merge three Illuvials to form a single, more effective, and powerful creature or Illuvial. This fused Illuvial helps users in the battle and is more expensive when traded or bought on the marketplaces.

Rewards are earned in the form of ILV token which is the native utility and governance token of the Illuvium. ILV is an Ethereum-based token and serves as virtual currency for trading NFTs inside the game. Moreover, ILV is listed on multiple exchanges as a cryptocurrency with a total supply of 10 Million tokens and a current market cap of $334 Million. ILV token is one of the most sought-after NFT game tokens as its current price is around $514. Users can also maximize their rewards by staking their ILV tokens inside the game.

Conclusive Arguments:

Illuvium is considered to become the first AAA blockchain game because of the massive budget allocated towards its development and marketing. The game has already gathered a huge audience before its launch and the ILV token is currently leading other NFT game tokens. The overall graphics, 3D immersive experience, reward system, and RPG design make it an exciting game in this genre. The game will prove to be a massive jump from the existing NFT games in terms of its graphics and gameplay experience.

Unlike other Ethereum-based games, Illuvium utilizes a layer-2 scaling solution to tackle congestion issues, enhance transaction speed and lower the gas fee. For p2p trading of assets inside the game, users will be charged a zero network gas fee.

Moreover, the game is completely decentralized requiring just a DeFi wallet to get started ensuring the privacy and security of the gamers. The staking mechanism of the ILV tokens also adds up to the earning potential of the game. This game has already made headlines with its exciting beta version and the growing capitalization of its token. Illuvium is for sure a recommended game for anyone who is a fan of battle and role-playing games. But you have to wait for a while until a public version is rolled out.