illuvium games crypto ethereum

Illuvium: How to earn tokens while playing?

5 May 2022

Many Play-to-earn believe they are the first blockchain games to claim the supreme title of triple A production, the cream of the crop when it comes to gaming.

However, there are more and more games that are just as promising. When Illuvium appeared in 2020, we were still at the beginning of play to earn games. Players have been waiting for the official release of the game for almost 2 years now.

For investors, now is still a good time to take a close look. Indeed, Illuvium has always wanted to distinguish itself from other games. How? By betting on graphic quality and the gaming experience. From the start, Illuvium set itself the goal of attracting classic gamers. The game would like to be the reference in terms of play to earn games.

Let's see, in this article, how you can earn tokens (ILV and ETH) with the Illuvium game.

Presentation of the Illuvium game 

Like many P2E games, it's all about possessing creatures and having them fight each other. The game is similar to the successful Pokemon game, in fact. In Illuvium, players are immersed in a 3D virtual world.

Their goal is to explore it to capture as many creatures as possible, deities called Illuvials. The Illuvials are opportunities, NFT minted on the blockchain Ethereum. It is therefore much more than just a symbolic value for players. The latter can in fact use them not only to fight other players, but also to earn ETH.  

illuvium game

The game begins with a spaceship crashing into an alien world experiencing extreme weather events, varying climates, and strange beasts. You will be assigned to the role of a hunter who must explore, capture these creatures and start unlocking strange obelisks that allow players to travel quickly and discover other parts of this new world. 

Illuvium Gameplay

Illuvium is an open world game developed on Unreal Engine 4. This is also where it stands out from other blockchain games that we have discovered before. This is also why we talk about a triple A game. Thanks to its ultra-worked design and the attention paid to the smallest details, Illuvium stands out from the others P2E games.

In total, there are more than 100 Illuvians that you will have to find, each belonging to a class and having specific affinities. 

Which also explains that a large part of the strategy to be put in place will be to choose the right Illuvial during the battle. This, depending on your opponent or the environment in which you will have to face him. 

nFT illuvium

If the NFT representation of Illuvials is kept in crypto wallets, the Illuvials in the game are stored in elements called fragments (or shards), that is kinds of Poké Balls. Just as Illuvials vary in power, fragments vary in strength. Stronger Illuvials require stronger fragments. Combat experience allows Illuvians to become stronger, increase their powers, and level up. 

Another central aspect of Illuvium is fusion, which makes its creatures more powerful. Players will then be able to pit the Illuvials from their stable against each other in arenas, where spectators have the opportunity to bet on the outcome of the fight.

Small weak point: the fights are automatic. Which means you won't be able to manually choose attacks or influence your potential victory once the fight begins.  

The IlluviDex marketplace

Illuvium also has its own online marketplace governed by Illuvium DAO: IlluviDex. This market allows players tobuy, sell and trade their NFTs in-game, including Illuvials, weapons, armor, skins and more. Illuivum NFTs can also be listed and traded on other marketplaces.in.

How to stake on Illuvium?

Beyond gaming, many people prefer to invest in Illuvium. The ILV token allows its holders to participate au yield farming, au staking and participate in the governance of the Illuvium DAO.

Those who wish to stake their tokens also have the possibility of receive rewards in ILV or sILV.

If holders choose to receive ILV, rewards have a one-year lock-in period. The latter ensures high liquidity. Those who choose to earn sILV will receive their rewards immediately. With no lock-in period, although sILV can only be used in-game. Multiple sources of income, including purchases (of weapons or armor, etc.) within Illuvium itself, are used to fund the rewards of those who stack the ILV.

staking on illuvium

As you can see in the screenshot below, there are two ways to stake:

  • Staking the ILV token with an APR rate of 19% (This may fluctuate over time).
  • Staking the ILV/ETH token with an APR rate of 233%.

(🤠 You can read our article to know the difference between APR rate and APY rate).

You should know that by staking, your funds will be locked for a period that you choose. You can stack them for 1 month up to 12 months. Of course, the longer you lock them, the more you earn.

In addition, we also remind you that the game is hosted on the Etherem network. This implies that the gas fees can be important...

Can I play Illuvium for free?

The biggest criticism of play to earn games is that you – most of the time – have to spend to play. It's a little different for Illuvium...You can play it for free.

Another important point to address, as with any other NFT game, is its economic model. As it happens, it is possible to familiarize yourself with the world of Illuvium for just a penny, provided you confine yourself to level 0 regions.

These areas will allow you to familiarize yourself with the universe and understand its mechanisms. But if you want to get down to business and start collecting NFTs, you will obviously have to put your hand in your pocket. 

In addition to the main game, you will also have the opportunity to explore Illuvium: Zero. This construction game allows players to create their own industrial complex, capable of interacting with the main game. Illuvium: Zero adds a land component to crypto gaming, which we have already been able to experience with other metaverse real estate markets such as Decentraland or Sandbox. New lands in Illuvium: Zero are procedurally generated.

And players must cultivate resources on their land to build their complex. For the moment, we do not know the launch date…

Illuvium tokenomics 

Le ILV token whose highest price reached $1800! Since then, the token has followed the downward trend of the market. In terms of market capitalization, the ilv illuvium token is one of the top best crypto games. Today, the token is trading at around $400.

ILV token price on coinmarketcap

About the tokenomics, ILV has a max supply of 10 tokens. Current circulating supply of nearly 650 tokens.

Illuvium DAO sold 20% of tokens in the initial rounds. Subsequently, 15% went to the promoters, 15% to the public treasury, 10% was allocated to the launchpad for future investors and 30% was dedicated to yield farming. The remaining 10% will go towards in-game rewards. 

Illuvium is also powered by two tokens ERC-20 : ILV (Illuvium) and sILV. They can be purchased on all types of exchange platforms, including SushiSwap, Binance, Kucoin, OKEx or CoinSpot. 

Governance of the Illuvium DAO

The Illuvinati Council is elected every 3 months, and brings together 5 members of the community elected from among the players who are willing to introduce themselves. Voting power is distributed via the square root of one's ILV stake. For example: 1 ILV gives you 1 vote, 36 ILV gives you 6 votes, and so on. A mechanism that allows you to avoid the domination of whales and seeders. 

The council may " debate and distill technical changes". But also give its opinion on how the 1 ILV held in the Treasury are distributed. However, any modification of the protocol - Proposals for the improvement of Illuvium - requires a qualified majority to be validated.

Should you play and invest on Illuvium?

Illuvium is considered the first AAA blockchain-based video game. In comparison, previous iterations of crypto games, such as CryptoKittes, Axie Infinity and games on GalaGames had a much more limited scope. We can therefore imagine that if he achieves even a tenth of the success of Fortine, the adoption of play-to-earn mechanisms in the world of gaming could be massive. 

With a strong team of developers, including Nate Wells, to whom we owe headlines like Last of Use et Rise of the Tomb Raider), and its two co-founders, the brothers Kieran and Aaron Warwick, who were already behind the DeFi Synthetix protocol, there is hope. Finally, let's say that the team serves as a guarantee for the future of the game.

Finally, a small downside: the release of Illuvium, scheduled for the end of 2021, has was finally postponed to early 2022. This is often the same fault of this type of ambitious game. Slow development can lead to a lot of frustration. Other games like My neighbor Alice experiencing the same problem.

Illuvium: Zero is currently in a semi-private off-chain beta phase, but its launch is also planned in parallel with the main game for the second quarter of 2022…

For now, you can sign up for the beta version of the game on the official site.

We will therefore have to wait to test it to decide if the creators of Illuvium will be able to keep their promise!

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Note: No financial advice is given in this or any other article on zonebitcoin. This is information of which you are the sole judge and master. Be responsible with your investments and only invest as much as you are willing to lose.

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Juliet B

With a degree in political science, I am passionate about blockchain and the world of web 3. I share with you my thoughts and analyzes on certain projects.

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