Buy Illuvium

Illuvium is a project within the world of blockchain gaming that combines elements of Play-to-Earn (P2E) with the visual quality of AAA video games. It runs on the Ethereum blockchain and offers players a virtual world in which they can experience adventures. In this world, there are mythical creatures called Illuvials, which players can capture and tame. The game also contains elements of role-playing games (RPG) and auto-battlers.

Illuvium addresses the limited interaction and depth of traditional blockchain games and introduces a new monetization model to the gaming industry. By leveraging blockchain technology and non-fungible tokens (NFTs), Illuvium ensures that every in-game asset, such as Illuvials and items, is unique and remains the property of the player. Players can sell these assets, creating an economic ecosystem where money can be earned by playing games.

Illuvium has several functions, including collecting Illuvials, exploring the open world, participating in PvP (Player vs Player) and PvE (Player vs Environment) battles, completing quests, and trading assets on IlluviDEX, Illuvium’s marketplace. The ILV token serves as a reward for in-game activity, provides voting rights within the Illuvium DAO (Decentralized Autonomous Organization) for governance decisions, and can be used as an investment through staking and yield farming.

Who founded Illuvium?

Illuvium was founded by brothers Kieran and Aaron Warwick. Not only do they share a passion for gaming and blockchain, they are also direct family members of Kain Warwick, the founder of DeFi platform Synthetix. The team behind Synthetix consists of over 40 professionals, including experienced game designers, software developers, blockchain experts, and digital artists.

Illuvium has various applications and can be used for the following purposes:

• Collecting Illuvials: Players can explore the open world to capture Illuvials. Each Illuvial is unique and can be trained to become stronger and fight against other players.
• Participate in battles: Players can battle with a team of Illuvials against other players or the environment, with victories yielding rewards in the form of ILV tokens.
• Trading: Illuvials and other in-game items are tradable as NFTs on the IlluviDEX and other NFT marketplaces, allowing players to earn money by trading rewards from battles.
• Governance: ILV token holders can participate in governance within the Illuvium DAO, influencing the future direction of the game and the platform.

Illuvium is built on the Ethereum blockchain and uses Unreal Engine, a powerful tool for creating real-time 3D elements that deliver high-quality visuals and an enhanced gaming experience. Because it is built on Ethereum, in-game assets are unique and owned by each individual player, who stores them in their own crypto wallet.

Gameplay

In Illuvium, players can explore the world, capture Illuvials, and build a team to participate in PvE (Player versus Environment) and PvP (Player versus Player) battles, where players must use their Illuvials and skills to win. Victories earn ILV tokens and other in-game rewards, which can be used on IlluviDEX to purchase other in-game items.

Immutable X

The Ethereum blockchain often struggles with issues such as high transaction fees and slow processing times due to scalability issues. This poses a challenge for games like Illuvium, where players need to make quick decisions during battles. To solve this problem, Illuvium uses Immutable X, a layer 2 scaling solution for Ethereum that allows players to create and trade NFTs cost-effectively, helping to provide a smooth user experience.

The ILV token is the core of the Illuvium ecosystem. It is an ERC-20 token with several important functions within the game and the community. Players are rewarded with ILV for achieving achievements, such as winning battles or completing missions. ILV also plays a crucial role in Illuvium’s governance system, where token holders can vote on proposals that determine the future of the game.

ILV is also used for liquidity mining and staking, which allows players to generate passive income. In liquidity mining, users lock their tokens in a liquidity pool to support the liquidity of certain tokens or token pairs. Staking focuses more on supporting network operations. In addition, ILV tokens can be traded on IlluviDEX for the purchase and sale of assets. There is a maximum of 10 million ILV tokens in circulation.

Illuvium offers players and investors the opportunity to stake their ILV tokens for rewards. By staking, you not only support the security and stability of the network, you also earn a share of the transaction fees and other revenue generated within the Illuvium ecosystem.

There are several pools stakers can choose from, such as the ILV pool and the ILV/ETH pool, depending on their desired risk and reward structure. Rewards are paid out in ILV and can only be withdrawn after a certain period of time, incentivizing stakers to invest for the long term. Alternatively, stakers can choose to convert their ILV rewards to sILV, which has the same value as the amount of ILV and can be used to purchase in-game assets sooner.

Illuvium distinguishes itself through a combination of innovative features and technologies. These aspects make Illuvium unique:

• First AAA game on Ethereum: Unlike many other blockchain games with a simpler design, Illuvium features an advanced and detailed 3D world thanks to the Unreal Engine. Because of this, Illuvium is considered the first AAA game on Ethereum.
• In-game asset ecosystem: Every creature and item in Illuvium is an NFT, giving players full ownership over their in-game assets. They can collect, trade, or use them in battle against others.
• Integration with Immutable X: By partnering with Immutable X, Illuvium offers fast and cheaper transactions than other Ethereum games that often have higher fees. This makes Illuvium attractive to a wider audience.

Illuvium and Axie Infinity are two blockchain games where NFTs play a major role. Despite this similarity, they have significant differences.

Axie Infinity features a cartoonish 2D world with an emphasis on breeding and battling Axies. Illuvium, on the other hand, offers a more mature and in-depth gaming experience with an expansive 3D world and complex gameplay. Illuvium is designed to appeal to traditional gamers with its deeper storyline, advanced graphics, and real-time combat strategies, while Axie Infinity focuses more on gathering and trading within a community-driven ecosystem.

You can purchase Illuvium (ILV) at Bitvavo. Our platform is accessible to both newcomers and experienced traders. Here's how to purchase ILV coins on our website or mobile app:

1. Register or log in to Bitvavo.
2. Make a deposit by clicking "Deposit".
3. Go to the Illuvium purchase page.
4. Enter the amount in euros you want to invest or the number of ILV you wish to purchase and confirm with "Buy".

The price of ILV coins depends on the current market value. After purchase, the Illuvium tokens are automatically deposited into your Bitvavo account, where you can easily manage and sell them. This allows you to quickly respond to price and market changes.

Your Illuvium tokens are stored safely in your Bitvavo account, where the majority of assets are protected in offline managed cold wallets for maximum security. Enabling two-factor authentication (2FA) is highly recommended as an additional security measure.

For those who prefer personal storage, Illuvium tokens are supported by most software and hardware wallets. You can easily purchase ILV and then transfer it to your own wallet by linking your wallet address to your Bitvavo account, giving you full control over your coins.