A look at the Illuvium NFT Game
May 26, 2022
The Illuvium NFT game has for some time now been widely considered one of the best NFT games in the NFT space.
The game particularly boasts one of the best innovative features and experienced gameplay you will find in any NFT game.
Its native currency, the ILV token, is also one that players can benefit from as they can stake the token and also trade it on various crypto exchanges such as Binance.
In this article, we shall be taking a look at the Illuvium NFT game, exploring its features and the Illuvium token as well.
The Illuvium NFT Game: An Introduction
The Illuvium NFT game is an open-world exploration, NFT creature collector, and auto battler game built on the Ethereum Blockchain.
In the game, players get to play-to-earn in a graphically-rich sci-fi adventure and conquer the wilderness to help their crash-landed crew flourish.
Players can also discover, hunt, and capture over 100+ Illuvials, deadly beasts who rule the alien world of Illuvium, each possessing hybrid synergy and unique abilities.
These Illuvials would need to be trained by the players to transform them into powerful evolutions and, in turn, increase their value to the players to build the perfect Illuvial team.
Illuvium’s Core Mechanics: Minting, Burning, and Exchange
From the very beginning, the standard paradigm of most NFT games had become uninteresting, and lacking in utility. Buy a digital asset, own it, and hope it appreciates.
Some games allow you to buy NFTs and then play with them in a game. While certainly an improvement, the creators of the Illuvium NFT game still felt there was more to the experience.
There had to be a way to establish an emotional connection between the players and their collections.
According to the creators of Illuvium, they plan to provide the most distinctive and original solution: an emotive experience that is consistently intriguing and rewarding throughout the entire process, from discovery all the way to exchange.
Inside Illuvium, you will encounter wild, mysterious, and combative creatures called Illuvials.
On your journey through the many regions of this broken planet, you hunt, defeat, and capture them.
To do this, you need a shard; a specially-constructed sliver of crystal that traps the quantum signature of the beast inside.
The quality of your shard determines the chance of capture, and a successful capture results in a new NFT token representing the Illuvial being minted and stored in your wallet.
When you manage to capture a few of the same type, you fuse them, which burns the existing tokens and mints a more powerful creature.
Immutable X makes this vital process much easier by taking away distractions and letting players simply explore and enjoy the world.
In addition, players are not bombarded by constant gas fees for every little change to their collection, and transactions happen much faster, so players can stay focused on what they came here to do: Explore, Collect, Battle, and Earn.
A look at Illuvials
Illuvials are beasts that grow, mutate, and unleash deadly attacks. Some Illuvials are easy to find, while some are incredibly rare.
They are found across a vast landscape. The radiation itself pulses in a non-organic way that seems vaguely familiar, and there are more than 100 Illuvials to find and collect throughout the world, each possessing unique abilities.
They form symbiotic relationships with one another based on common affinities or classes, called Synergies.
Using a hybrid synergy system, Illuvials are stronger when working as a team in the battle arena, so players must collect synergizing pairs to maximize their chance of victory.
Different synergies create different bonuses for your team, allowing you to outplay your opponent even if they have Illuvials with more raw power than you.
On the other hand, fusion allows you to merge multiple Illuvials of the same type into a more powerful beast, with different attributes, sometimes belonging to a completely different class or type.
Remember that some lines of Illuvials are very rare and hard to find, making their fused form even more difficult to discover.
How to Play the Illuvium NFT Game
To play the Illuvium game, you would have to start by customizing your character. Then select your Polymorphic Subordinate Drone.
Once you and your sidekick are ready, you can then head out to explore the various regions of the world and the mysteries that shattered it.
As you adventure, you will encounter Illuvials that you can fight. If you subdue them, use a shard to snap them up so they are yours permanently.
Be careful though, shards have varying power levels, as less powerful shards are likely to fail against powerful Illuvials.
For players just starting, you will be able to mine free shards that are only capable of capturing a select few Illuvials that are far less powerful than some.
Also, you will be able to get started in the game without any expense and learn the mechanics.
This is a change from games that require a large amount of capital upfront to play, as there are many regions to explore, but most will be inaccessible to the first generation of players.
Over time, players will unlock Obelisks, which allow for travel to new beautiful, challenging, and important regions that come with new Illuvials to battle and collect, and shed more light on the game.
The Illuvium ($ILV) token
ILV is an ERC-20 governance token compliant with the Ethereum network that is used to govern the Illuvium DAO.
The token has a current price of $294, with a market cap of $191,709,071.38 and 18519 estimated holders.
The token also sees revenue streams from in-game purchases on IlluviDEx and is used as a reward token for locking liquidity within partnering DeFi platforms to incentivize token liquidity.
In the Illuvium game, players play to earn by earning crypto in ILV tokens as in-game rewards through playing, completing PVE quests, performing special achievements, and winning prizes in tournaments and events.
Also, players can stake tokens and receive rewards in ILV or sILV.
Illuvium features a unique yield farming reward system in that all ILV rewards earned through the yield farm are locked for a period of one year before they can be withdrawn.
However, stakers have the option to skip the unlock timer by converting their ILV rewards to a secondary in-game-only asset known as sILV.
By claiming their rewards as sILV, users receive the USD equivalent of sILV and can spend their rewards early to purchase in-game items.
SILV cannot be withdrawn from the game and is not represented by a blockchain-based asset.
The Rewards page, which can be found here, allows users to claim rewards from any pool they have made deposits in.
Users can claim rewards at the same time in either sILV2 or ILV.
ILV yield rewards are subject to a 12-month vesting period. While they are vesting, they compound rewards for players.
When it comes to sILV2 rewards, they are usually unlocked and can be used in-game once the game is live.
In addition, revenue distributions are also unlocked and can be claimed as soon as they’re available in ILV.
Where to buy the Illuvium NFT game token
For investors who are interested in buying Illuvium, they can purchase it from Binance, KuCoin, OKEx, Sushi, 1inch, and CoinSpot.
This is the list of exchanges that have the Illuvium token listed as shown on the Illuvium website.
Is Illuvium (ILV) a good investment?
The live Illuvium price today is $285.05, with a 24-hour trading volume of $12,641,543.
It also has a current CoinMarketCap ranking of #145, with a live market cap of $190,090,269. It has a circulating supply of 650,861 ILV coins and a maximum supply of 10,000,000 ILV coins.
In terms of Illuvium being a good investment, many investors believe that the token is a good investment, with some even suggesting that it may reach a future price of $1000 per token, although others suggest this figure may be too bearish.
Another reason why Illuvium is a good investment is that the main game is surrounded by an entire DeFi ecosystem designed to greatly increase the profitability of the ILV token.
In other words, Illuvium players are empowered with access to various dApps (decentralized applications) which allow them to easily multiply the rewards they earn while exploring the virtual world.
The most important Illuvium dApp is the IlluviDEX, a decentralized exchange focused on trading ILV and other Illuvium-related assets such as in-game items and creatures in the form of NFTs.
The access to a dedicated DEX allows the Illuvium players to trade ILV and the Illuvium NFTs in a very fast and efficient way.
Since other blockchain-based games usually don’t include their DEXs, the IlluviDEX gives Illuvium a massive advantage over the competition and is one more reason why ILV is a good investment.
However, due to the features surrounding the Illuvium token, it is safe to say that Illuvium is a good investment and is something players should consider investing in.
In addition, the coin has a strong fundamental background, which is why it is hard to not see it as a viable investment.
Nonetheless, before investing, it is always good to do your research and be sure to understand all the technicalities of the token to avoid making bad investment decisions.
The Illuvium NFT game offers fantastic gameplay and a world of amazing experiences for both old and new players alike.
If you haven’t gotten to experience the Illuvium game, you might want to check it out now!
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