CoinMarketCap takes a deep dive into an upcoming blockchain-based game — a fantasy world where Illuvials roam.
What Is Illuvium (ILV)?
The world of Illuvium is inhabited by creatures known as Illuvials, who can be captured by players that best them in battle and nurse them back to health. From then on, they become a loyal part of the player’s collection and can be used when battling other adventurers as part of Illuvium’s auto battler gameplay.
The game is a fusion between an open-world exploration game and a PVP battle game. Players can spend their time exploring the expanses of the game world or building up their team of powerful beasts.
How Does Illuvium Work?
Players roam the Illuvium landscape battling Illuvials and other players, participating in quests and daily challenges, and participating in its communal storyline. Throughout their journey, they collect Illuvials, which have a range of characteristics that make them variable in their rarity, utility, and desirability. These include:
- Classes: Empath, Fighter, Guardian, Rogue and Psion.
- Affinities: Air, Earth, Fire, Nature and Water.
Through its class and affinity are its most important attributes, each Illuvial has a large number of additional attributes that also help determine its strength in combat, some of these can include: attack damage, attack speed, and savagery. Illuvials get stronger with victory, can be enhanced with in-game items and can be upgraded into a special “ascended” form — which benefits from two affinities at once.
Each Illuvial is represented by a unique non-fungible token (NFT) and can be freely traded on external exchange platforms and the gas-free IlluviDEX (more on this later). They can also be fused into more powerful forms, and come in normal, holographic and dark holographic variants which are considerably more scarce.
What Makes Illuvium Unique?
Unlike most other blockchain-powered games, Illuvium features a fully 3D environment, with over 100 unique Illuvials found scattered throughout its various regions. Each Illuvial is designed by a team of world-class artists, ensuring it appeals to players accustomed to big-budget retail games.
Beyond this, it boasts a number of features that help it stand out from both other blockchain-enabled games and AAA titles. These include:
Although Illuvium is secured by Ethereum, it is built on Immutable X (IMX) — a layer-2 solution that is designed to help scale applications with NFT functionality.
This can be used for trustlessly exchanging Illuvium assets, including Illuvial NFTs. A 5% fee is deducted from each sale and funneled into the rewards pool for ILV stakers.
What Is sILV?
Illuvium features a unique yield farming reward system, in that all ILV rewards earned through the yield farm are locked for a period of one year before they can be withdrawn.
However, stakers have the option to skip the unlock timer by converting their ILV rewards to a secondary in-game only asset known as sILV. By claiming their rewards as sILV, users receive the USD equivalent of sILV, and can spend their rewards early to purchase in-game items.
SILV cannot be withdrawn from the game and is not represented by a blockchain-based asset.
How Does Illuvium Compare With Axie Infinity?
Although both Illuvium and Axie Infinity feature collectible in-game characters that can be battled, traded and upgraded, the scope of the game world surrounding these critters differs somewhat.
On one side, Illuvium is a 3D role-playing game with a gradually revealed storyline and massive, open, explorable landscape, whereas Axie Infinity is a highly popular, quirky 2D game that features adorable critters known as Axies that are reminiscent of Pokemon. These Axies can be bred, battled, and traded. For now, there is no story mode to speak of.
Both Illuvium and Axie Infinity feature a strong gamified DeFi element, which means there can be real Ether (ETH) at stake while playing either — since some Illuvials and Axies could fetch significant sums on the open market.
Unlike Axie Infinity, which uses a random assortment of assets to produce each individual Axie, Illuvium’s Illuvials are wholly unique. Each one features custom artwork and rigging to ensure they are distinct and bear characteristics that relate to their properties and region.
The two games clearly have some similarities, but Illuvial is primarily targeted towards traditional gamers who may or may not have experience with cryptocurrencies and NFTs, while Axie Infinity would mostly appeal to the crypto savvy.