The current price of Illuvium is ₺562.05. Over the last 24 hours, Illuvium has increased by +5.37%. It currently has a circulating supply of 7,535,850 ILV and a maximum supply of 9,598,342 ILV, giving it a fully diluted market cap of ₺4.25B. At present, the Illuvium coin holds the 167 position in market cap rankings. The Illuvium/TRY price is updated in real-time.
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Players can explore a fantasy landscape in the game while hunting dangerous beasts and participating in battles. The gameplay involves capturing mystical creatures called Illuvials using in-game items called shards. Successfully capturing Illuvials depends on the quality of your shards. Captured Illuvials can then be fused to produce even more powerful beasts.
The governance of this protocol is decentralized and controlled by holders of ILV. Therefore, changes in the protocol proposed by the community members must reach a supermajority to be implemented. Elected members of the Illuvinati Council govern this process.
ILV has several use cases inside the Illuvium ecosystem, including player rewards for unlocking achievements, buying in-game items, and voting. ILV holders can also stake the token to access its liquidity mining program before the game's launch.
How does ILV work?
Illuvium operates on a foundation of four key elements — Illuvials, Illuvary, Game Items, and Regions. Players must explore the vast landscape, conquer formidable alien creatures, and defeat other adversaries to embark on their journey. They begin by personalizing their characters and selecting a companion drone. Each successfully subdued Illuvial can be minted as a unique non-fungible token (NFT).
Beyond battling these creatures, players can delve into the enigmatic secrets of the planet. Embracing the play-to-earn (P2E) model, gamers are rewarded with the project's native token for their achievements in the game.
Drawing inspiration from Pokémon, this blockchain-based GameFi platform aspires to be the first genuine AAA project in the ecosystem. To achieve the AAA gaming experience, Illuvium seamlessly integrates the cutting-edge Unreal Engine 4.26 system. The game's creators have assembled a dedicated team of contributors who continuously strive to enhance performance and gameplay. Offering a captivating fusion of outer space fantasy and Pokémon elements, players become passengers of an intergalactic spaceship that crashes on a mysterious planet, leading to an epic journey of exploration and battles against indigenous monsters.
ILV price and tokenomics
ILV has a maximum supply of 10 million tokens. Five hundred thousand tokens were distributed through a pre-seed sale to core contributors at $1 per token. On Jan. 15, 2021, a further 1.5 million tokens were distributed via the main seed sale at an ILV price of $3. A total of 3 million tokens are allocated to yield-farming pools.
As the project's native token, ILV serves both as a reward mechanism and a governance token. Players will be rewarded with ILV for their active contributions to the network, fostering engagement and participation within the ecosystem. Additionally, community members will play a crucial role as key stakeholders in the Illuvium DAO Council, having a say in important decisions that shape the project's future.
About the founders
Kieran Warwick and Aaron Warwick are the cofounders of Illuvium. Kieran Warwick is said to be involved with one of the world's first OTC cryptocurrency exchanges, while Aaron Warwick owns and directs two major sporting complexes in Australia.
Apart from the cofounders, the protocol has several noteworthy partners, such as IOSG Ventures, Delphi Digital, and LD Capital, and private investors like Stani Kulechov, founder of Aave, Danish Chaudhry, CEO of Bitcoin.com, Sebastien Borget, founder of SandBox and many more.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 411 new posts about Illuvium, driven by 220 contributors, and total online engagement reached 9K social interactions. The sentiment score for Illuvium currently stands at 90%. Compared to all cryptocurrencies, post volume for Illuvium currently ranks at 5214. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of Illuvium.
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Posts
411
Contributors
220
Interactions
8,979
Sentiment
90%
Volume rank
#5214
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Posts
154
Interactions
6,389
Sentiment
90%
Illuvium FAQ
What is ILV?
Illuvium is an open-world fantasy game on Immutable X, a Layer-2 solution for Ethereum. The gameplay combines exploration and combat with an in-game economy. The ticker of its ERC-20 utility token is ILV.
How does ILV work?
Players can explore the game's open world while hunting magical creatures called Illuvials and training them for arena battles in Illuvium. Its native token, ILV, can be used for in-game purchases, staking, yield farming, and governance. Being a decentralized autonomous organization (DAO), the community's protocol is governed by a self-elected council.
How can I buy ILV?
Easily buy ILV tokens on the OKX TR cryptocurrency platform. One available trading pair in the OKX TR spot trading terminal is ILV/USDT. You can swap your existing cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for ILV with zero fees and no price slippage by using OKX TR Convert.
How much is 1 Illuvium worth today?
Currently, one Illuvium is worth ₺562.05. For answers and insight into Illuvium's price action, you're in the right place. Explore the latest Illuvium charts and trade responsibly with OKX TR.
What is cryptocurrency?
Cryptocurrencies, such as Illuvium, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX TR and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Illuvium have been created as well.
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX TR does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX TR. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX TR does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX TR and its affiliates (“OKX TR”) are not in any way associated with the owner or operator of the TPW. You agree that OKX TR is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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