Illuvium is an RPG and NFT collection game built on Ethereum. The core mechanism of the game is that players capture beasts through monsters and upgrades, and cast them to generate NFTs, and then sell them in the trading market for profit. The game has not yet been launched and is expected to be launched on Immutable X at the end of the third quarter or the fourth quarter.
Introduction to Fundamentals
The Illuvium team has 71 members, including 15 core members. There are many senior game practitioners in the team, but most of the members lack blockchain industry experience. Co-founder Kieran Warwick has many entrepreneurial experiences. He entered the cryptocurrency industry in 2015 and served as the director of marketing and sales at an over-the-counter exchange in Australia. In July 2016, he left the currency circle to engage in the food industry. Later, with the rise of DeFi, Kieran entered the currency circle again. Co-founder Aaron Warwick, majoring in computer engineering and physics at university, worked in the retail industry after graduation, and also served as a tennis coach. He is currently studying game development and is also a game designer for Illuvium. Kieran, Aaron, and Kain, the founder of SNX, are brothers.
A total of 43 million US dollars in financing was obtained.
On March 12, Illuvium announced the completion of a USD 5 million seed round of financing. The seed round is divided into two rounds. The first round of investors bought 500,000 ILV tokens at a price of 1 USD; the second round of investors purchased 3 USD Buy 1.5 million ILV tokens for a total of 5 million U.S. dollars at an average cost of approximately 2.5 U.S. dollars.
From March 30th to April 2nd, Illuvium raised US$38 million through LBP on Balancer and sold 1 million ILV tokens at an average price of about US$38.
Illuvium is a decentralized RPG (role-playing game) adventure and NFT collection game based on Ethereum. The core mechanism is that players capture beasts through monsters and upgrades, and cast them to generate NFTs, and then trade them in the market for profit. .
It is reported that Illuvium uses science fiction as the background of the game, and assumes that all players are survivors of an interstellar spacecraft that crashed into an alien world. The player’s task is to travel to various regions of the world to find and fight the beasts (Illuvial). The winner You can capture beasts, upgrade your level, and then enter more dangerous areas or fight with other players to win rarer beasts and cast them into NFTs; but if the player fails, they will lose their beasts or NFTs.
Figure 1 Alien World & Beasts
There are more than 100 beasts in the alien world of Illuvium, with different attack powers and different rarities. However, the attack power of each beast is related to its rarity. The rarer the beast, the stronger the attack power. Each beast has 2 basic attributes: affinity, occupation type.
Affinity: Affinity is the connection between the beast and the alien world, divided into five elements: water, fire, earth, air and nature. Players can merge two affinity beasts to form a more powerful beast, such as frost = air + water, hell = fire + fire.
Occupational categories: In the Illuvium game, beasts are divided into five occupational categories: warrior, guardian, thieves, psychic, and empathizer. Each class has a different positioning in the battle. The guardian has a low attack damage, but has a strong ability to carry damage; the thief has a high attack damage but is very fragile. Similarly, players can merge two or the same class of beasts to forge a more powerful beast. For example, the killer includes both warrior and thieves; the summoner is a superimposition of the psychic and the psychic.
For example: The Illuvium team announced the information about the first beast in the game: a beast named Rhamphyre. The affinity and type are: Territorial Killer, affinity = fire + fire, and it includes both warrior and thieves. When Rhamphyre is in the stage of beast cubs, its basic attack skill is to use the scorching heat from the nails to burn the opponent; the advanced Rhamphyre can spray fire from the mouth to attack the opponent; the ultimate form of Rhamphyre is to approach nearby in the air The enemy jets out a storm of fire, causing burning damage.
Figure 2 The three stages of the beast
For all novice players who have just entered the game, you can get some pieces for free through game missions, which are used to capture beast cubs, and then upgrade their beasts through constant battles. For players who don’t want to waste time and join the battle directly, they can use ETH to purchase equipment in the game, and the purchase cost will be sent directly to the Illuvium Vault. The equipment that can be purchased is as follows:
Table 1 Equipment and uses that players can purchase in the game
In addition, the game will also release an online trading market IlluviDEX for players to buy and sell all NFTs in the game. Players need to capture the higher the level and the more scarce beasts, and cast them into NFTs, which can be sold at higher prices in the market.
Game mode: adventure and competitive battle
Adventure: Players explore various areas in the Illuvium game, trying to find and capture beasts.
Competitive battle: Players can find other players to battle, and the system will randomly match opponents with similar skills. In addition, unrelated players can watch the game and place bets on the winner or loser.
Note: The above are the officially disclosed game concepts and settings, which may be different from the version after the official launch.
The game is currently under development and is expected to be launched on Immutable X at the end of the third quarter or the fourth quarter of 2021. Immutable X is a second-layer solution for Ethereum, which mainly solves the NFT expansion and gas problems on Ethereum, so that players can quickly and nearly zero-cost minting, destroying and trading NFT during the game. At this stage, the platform is paying attention The higher game is Gods Unchained.
Illuvium’s token is referred to as ILV, with a total of 10 million. The initial distribution plan is as follows:
Table 2 ILV token distribution plan
All ILV tokens are allocated, only the tokens of Balancer LBP and In-Game Yield do not need to be locked, and the rest need to be locked. The release of ILV tokens is shown in Figure 5:
Figure 5 Release of ILV tokens
Governance, currency holders can participate in all Illuvium on-chain governance proposals.
Users who pledge ILV can get a share of game revenue (Illuvium Vault). Since the game is not yet online, the proportion of the share has not yet been determined.
Game incentives, users participating in game competitions, completing tasks and daily challenges, will be rewarded with ILV tokens.
Community operation data
The Illuvium project began operations in January 2021, and has now gained a certain degree of attention in the cryptocurrency community, and Discord’s user exchanges are very active.
Table 3 Illuvium social platform user data
Illuvium is an RPG and NFT collection game. According to its current settings, the core attraction of the game lies in the scarcity of beasts, that is, the scarcity of its corresponding NFT and the recognition of the market value behind it. The type and number of rare beasts in the game determine the scarcity of beasts, and the market recognition behind the NFT generated by the beast casting is measured by the player’s Fomo level.
Given that the game is still in the conceptual stage and there is no Demo, it is not yet possible to determine how playable the game is.
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