About

Illuvium is a decentralized gaming studio that develops the Interoperable Blockchain Game (IBG) universe. Their products include an open-world exploration game, an industrial city builder, and an auto battler, all integrated with the Ethereum blockchain.

History

Online games generally allow you to collect items, progress and unlock achievements. Today, however, players do not actually own their in-game collections. Their collections are locked in the game and cannot be carried over to other games or platforms. The team believes decentralization and ownership are vital to gaming, and this led them to create Illuvium.

Founded in September 2020, Illuvium is building a fully decentralized game that can best be described as the combination of an open-world RPG and an auto-battler. Inside Illuvium, players will encounter creatures called Illuvials that can be defeated and captured. A successful capture results in a new NFT asset representing the Illuvial being minted and stored in your wallet. These NFTs can then be used in battle or exchanged. Through a range of collecting and trading features, Illuvium looks to cater to both casual gamers and DeFi users. Moreover, Illuvium will provide these features with zero gas fees by building on the Layer-2 solution Immutable X.

In March 2021, Illuvium closed its Balancer public sale with a record volume of over $90 million traded. Over three days, one million tokens were sold with a starting price of $50. The funds are being used to rapidly expand the team and bring the game to market faster. With the open beta expected to be released in late Q3 or Q4 in 2021, Illuvium is set to become the first AAA gaming title in the crypto space.