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What is Illuvium (ILV)?

Illuvium is an upcoming blockchain game based on an open-world RPG concept. Players collect a group of creatures known as “Illuvials,” each of which has a different class and affinity. There are five classes and five affinities, each with its own set of strengths and drawbacks. The Illuvials become more powerful as users defeat other players and complete quests.

On Ethereum, Illuvium has two ERC-20 project altcoins: ILV (Illuvium) and sILV. Token holders may use ILV to mine for liquidity, participate in governance, and receive incentives. ILV rewards have a lock-up period, whereas sILV may be used immediately in-game.

Illuvium also uses NFTs to represent each Illuvial and in-game item that may be exchanged on third-party NFT marketplaces. To begin earning ILV and sILV, purchase the token on Binance and start staking on Illuvium’s staking platform.

Jeewan Singh
Jeewan Singh
Jeewan Singh is CryptoShrypto’s content writer and a seasoned writer with over two years of experience in writing about Indian Securities Market. Jeewan's participation in Blockchain and Cryptocurrency started in late 2020, and he hasn't looked back since. The technical and economic outcomes of cryptocurrency are what spark his curiosity, and he keeps one eye on the market.
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