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.

Risk Rating
Protocol Code Quality
Protocol Maturity
Protocol Design
What we like
Illuvium is an up-and-coming game built on Ethereum that aims to be the first blockbuster blockchain game expected to draw wide appeal from non-crypto natives.
What we like less
Illuvium overpromised on its roadmap and has seen some setbacks and delays to the game launch. It is still to be determined if the game launch will match its early hype.
What it means for you
Offers you a great "play-to-earn" game where you explore, collect and battle with in-game creatures (called Illuvials) to earn ETH.
Key Metrics
Risk Assessment
Protocol Code Quality
  • Code reviewed by several experienced auditors including Quantstamp and CertiK
  • Public team promotes accountability
  • One mitigated protocol hack since launch
Protocol Maturity
  • Core protocol launched in 2021; maturity over one year minimizes technical risk as smart contracts are well battle-tested
  • Bottom 80% by total value locked increases risk
  • Multisig wallet controls protocol upgrades
  • Multisig consists of at least 4 signers, which means the protocol is less susceptible to centralization risks
  • Timelock is less than 48hrs, which provides users with less time to exit if any malicious upgrades are approved
  • Low voting power concentration reduces risk
Protocol Design
  • No death spiral concerns
  • This protocol is susceptible to risks related to staking a token to secure a network, such as slashing events
Things to know about Illuvium

How Illuvium works

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.

How Illuvium makes money

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.

How you make money on Illuvium

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.