1/ This is a big one folks. After talking to @kieranwarwick recently, @verto0912 & I put down everything we’ve learnt about @illuviumio into 1 article.
$ILV makes up a large portion of $MVI so we wanted to do it justice 💪
Read on to discover what makes the project so special…
2/ For a game that hasn’t been released yet there’s certainly a lot of enthusiasm around Illuvium.
The ILV token has the deepest liquidity of any project we’ve seen to date ($208m!), and the community is absolutely blowing up in Discord, with nearly 90k members.
3/ By combining the best parts of crypto, using a DAO-first org model and designing the game to enable #PlayToEarn, Illuvium sits at the intersection of two massive trends.
This could lead to huge levels of adoption as the game appeals to crypto and non-crypto natives alike.
4/ To avoid scaling issues, the team selected 2 solutions targeting a player count >100m
1. Serverless architecture for globally interactive play and suited the auto-battler style of gameplay 2. Building on @Immutable so transactions don’t become the limiting factor
5/ The game itself is often compared to @Pokemon. Here are some terms to get you up to speed:
Pokemon - Illuvial
PokeBall - Shard
Evolution - Fusing
PokeDEX - Illuviary
Type - Affinity and Class
Trainer Gym - Battle Arena
Fiercer than any pokemon I’ve seen...
6/ Of course it’s far more exciting than Pokemon because in Illuvium there’s real money to be made. Players can:
- Collect and sell Illuvials
- Battle and wager in the Arena
- Trade items
- Farm resources on their land
Wait what, there’s land based play?!
7/ Yes, thanks to the recently passed IIP-10 there will also be a land based mini-game, launching on mobile.
And others we haven’t thought of. Which one will you be?
9/ The amount of brainpower in the Warwick family also lends itself to token and organisation design.
As a result, $ILV has some interesting characteristics. For example, did you know that 100% of the revenue generated by Illuvium will be returned to players and stakers?
10/ The DAO itself uses an elected council called the Illuvinati to make decisions & keep moving quickly in the right direction.
The position is not taken lightly and imbues a lot of trust, seeing council seats get filled by crypto superstars like @kaiynne and @santiagoroel.
11/ We feel ILV represents one of the most exciting projects in MVI, but the level of expectation comes with risk. Speedrunning AAA game development isn't easy!
Of course to get the full lowdown on our thoughts, check out the complete article below 👇
The "metaverse" is a shared digital space that seamlessly integrates aspects of the real world — specifically things like ownership, identity, and financial value.
3/ While the metaverse may integrate aspects of the real world, it is not constrained by the laws of physics and presents near-infinite possibilities.
Over time it will develop its own societal norms, economic and financial systems, and will provide individual sovereignty.