Illuvium has a one-of-a-kind yield farming reward system in which all ILV bonuses achieved thru the yield farm are locked a year before they can indeed be revoked. CoinMarketCap currently ranks #237, with a live market cap of $304,288,294 USD. It has a total circulating supply of 10,000,000 ILV coins and a circulating supply of 634,934 ILV coins.
About Illuvium ILV
Illuvium is a blockchain-powered open-world fantasy battle game. Illuvium, often referred to as the first AAA match on Ethereum, aims to entertain both casual gamers and die-hard DeFi fans with a variety of collecting and trading features.
The globe of Illuvium is populated by life forms known as Illuvials, which can be seized and nursed back to health by gamers who subdue them in combat. They then become a devoted member of the player's collection and can be used to battle other explorers as a component of Illuvium's auto-fighter multiplayer.
What is Illuvium ILV?
Each Illuvial is depicted by a distinct non-fungible token (NFT), which can be sold cheaply on third-party exchange platforms and the gas-free IlluviDEX. They can also be merged into more serious forms and are accessible in regular, holographic, and dark holographic iterations, the latter of which is much more scarce.
The ILV coin can be used in a variety of ways within the Illuvium ecosystem. It is the principal unit of currency used to reward people for in-game successes, entitles gamers to equity of the Illuvium Vault, which is used to participate in game governance through the Illuvium decentralized autonomous organization (DAO).
Who Are the Founders of Illuvium (ILV)?
Illuvium has been in advancement since 2020, and it is being constructed by a global team of over 40 people, including the co-founders, successful entrepreneur and early dogecoin purchaser Kieran Warwick, and seasoned game designer Aaron Warwick, who are brothers. (They are also the brothers of Kain Warwick, the co-creator of DeFi platform Synthetix.).
What Makes Illuvium ( ILV )Unique?
Illuvium, unlike most other blockchain-powered games, has a fully 3D environment with over 100 unique Illuvials scattered throughout its various regions. Each Illuvial is created by a team of world-class artists to appeal to gamers who are familiarised to high-budget retail games.
Illuvium features a built decentralized exchange (DEX) framework called the IlluviDEX. It can be used to securely exchange Illuvium assets, such as Illuvial NFTs. A 5% fee is subtracted out of each sale and accumulated into the reward points pool for ILV investors.
Where Can You Buy Illuvium (ILV)?
BEST is now available on an increasing number of signals, with cryptocurrency Binance, Mandala Exchange, OKEx, ZT, and Gate.io. are among the most liquid exchanges.
Frequently Asked Questions About Illuvium ILV
How Many Illuvium ILV Coins Are In Circulation Currently?
In order to be attainable of most of the users and traders, the total circulating supply and production is 77,742,680 ILVcoins
What Security Measures Does the Illuvium ILV Take?
Illuvium guarantees that gamers can mint and barter their NFTs with no fuel service charges and nearly instant transaction completion. While using IMX, players are always in the direct authority of their investments.
On What Factors Does The Price Of The Illuvium ILV Depend?
Exchange inflows and outflows, paramount and technical differences, the news cycle, and the overall economic climate are all interlinked variables that impact MIR’s price and market cap.
Conclusion
After the sheer appraisal in the field of trading which is around 100% in just a matter of a certain countable transitional month, cryptocurrencies have suffered an intense depreciation due to their uncertain market nature. Therefore, it's wide enough to quote that Illuvium ILVtokens have been upgraded to a new all-time high translation volume of almost $$483.83 U.S Dollars per token.
In a nutshell, it is safer to say that ILVhas blessed online traders to enjoy trading luxuries globally with the provision of ease through its secure, diverse, and viable transactional policies.
Illuvium ILVOfficial Website –https://illuvium.io/
Illuvium ILVTwitter –https://twitter.com/illuviumio
Illuvium ILVMedium –https://illuvium.medium.com/