Illuvium is a decentralized gaming company that aims to create the first blockbuster play-to-earn game built on the Immutable X Layer-2 network.
Illuvium is a non-fungible token (NFT) based fully decentralized video game developed to be the first blockbuster crypto gaming title. The game is expected to launch on the Immutable X Layer-2 network, using smart contacts to enable users to own, transfer, battle and breed genetically unique digital creatures (called Illuvials) with instant transactions and without paying gas fees. Prior to launch, ILV holders may choose to stake their tokens to earn protocol rewards. In the future, ILV staking will offer a revenue share component whereby all in-game revenues are distributed to ILV token holders. The IlluviDEX is an NFT marketplace for Illuvium and is managed by the DAO. Players can trade any in-game NFTs here or sell them to other players and investors.
Illuvium provides users with a free-to-play option that is used on a trial basis to get a feel for the game. Following this, certain funds are required to purchase in-game NFTs in order to actively play the game. The IlluviDEX marketplace will also collect 5% of transaction fees and distribute them to the ILV staking pool.
You can make money by actively playing the game (when it launches) to earn in-game rewards paid in ETH. Your Illuvial NFT assets also have value and can be sold on the IlluviDEX marketplace for real money. Lastly, ILV stakers can earn their proportional share of protocol revenue in the future.