Klever

<p>Hey crypto fans,</p><p>Do you know what Illuvium is? Illuvium emerges as a groundbreaking web-3 game, blending strategy, adventure, and blockchain technology. It introduces players to a vast, beautifully crafted world where they can collect, battle, and trade powerful creatures known as Illuvials. With its play-to-earn model, Illuvium rewards players in $ILV tokens, offering both entertainment and economic incentives. The game&#39;s integration with the <a href="https://klever.io/en-us" rel="noopener noreferrer nofollow">Klever Wallet</a> enhances accessibility and security for managing digital assets, accessing Illuvium ecosystem and setting a new standard for blockchain gaming experiences.</p><h2 id="header-0">Understanding Illuvium</h2><p><img src="https://cdn.klever.io/assets/44c12cc7-1dc8-486e-87cf-9cce17200cf6?width&#61;958&amp;height&#61;539" /><em>Source: Illuvium.io</em></p><p>Founded in 2020 by Aaron, Grant, and Kieran Warwick, Illuvium is a leading Ethereum-based <strong>collectible RPG</strong> and <strong>Autobattler Game</strong> that has quickly risen to prominence in the blockchain gaming industry. Set within a richly designed universe, it seamlessly integrates strategy, exploration, and combat, allowing players to collect and trade NFT-based creatures.</p><p>Based in the Asia-Pacific (APAC) and Australasia region, Illuvium empowers its community with true ownership of in-game assets, thanks to the <a href="https://klever.io/en-us/blog/ethereum-klever-extension-multi-chain-wallet" rel="noopener noreferrer nofollow">Ethereum blockchain</a>. This innovative model not only enhances the gaming experience by incorporating economic rewards directly into the gameplay but also grants players governance rights to shape the game&#39;s evolution. With its strategic presence on the Epic Games Store, Illuvium&#39;s accessibility is significantly broadened, reaching a wider audience and solidifying its status as a transformative force in blockchain gaming&#39;s ongoing development.</p><p>Illuvium was officially launched into public beta in the first quarter of 2022, allowing players to explore its vast universe, engage with its unique play-to-earn mechanics, and participate in the governance of its ecosystem through the Ethereum blockchain. Learn more about the game reading <a href="https://docs.illuvium.io/illuvium-whitepaper/" rel="noopener noreferrer nofollow">Illuvium&#39;s whitepaper</a>.</p><p>For the most current updates and roadmap following the beta launch, including full game releases or additional features, please refer to the official <a href="https://illuvium.io/" rel="noopener noreferrer nofollow">Illuvium website</a> or their community updates.</p><h2 id="header-1"><strong>The Role of $ILV in Illuvium</strong></h2><p>$ILV serves as the foundational currency within Illuvium, enabling transactions such as purchasing exclusive in-game items and lands. It also grants players governance rights, allowing them to vote on crucial game developments and future updates, thus playing a crucial role in the game&#39;s ecosystem.</p><h2 id="header-2">How to Earn and Use $ILV?</h2><p>In Illuvium, players can earn $ILV by winning battles, completing quests, and achieving various in-game milestones. $ILV is utilized for in-game transactions and participating in governance. Additionally, it can be traded on cryptocurrency exchanges, providing a real-world economic value to players&#39; in-game achievements.</p><h2 id="header-3">Illuvium&#39;s NFT Ecosystem</h2><p>Illuvium&#39;s NFT ecosystem marks a groundbreaking shift in blockchain gaming by embedding Non-Fungible Tokens directly into its core. Through this innovation, players enjoy a new level of interaction and freedom with their in-game assets, which include creatures known as Illuvials, parcels of land, and unique items.</p><p>These assets are securely recorded on the Ethereum blockchain, providing transparent, indisputable ownership.</p><h2 id="header-4">Interoperability and Integration</h2><p><strong>Broad Asset Variety: </strong>Illuvium&#39;s NFTs cover a diverse array of in-game assets, all leveraging Ethereum&#39;s blockchain for undeniable ownership.<strong>Cross-Platform Use: </strong>These NFTs can interact within the Ethereum ecosystem, allowing assets to move between different games and platforms that recognize ERC-721 and ERC-1155 standards</p><h2 id="header-5">Ownership and Tradeability</h2><p><strong>Real Ownership: </strong>Players have real control over their assets, capable of trading, selling, or using them across various platforms. To make sure your assets are truly yours, always secure them with a trusted <a href="https://klever.io/en-us/crypto-wallet" rel="noopener noreferrer nofollow">crypto wallet</a>. <strong>Market Participation: </strong>Assets can be traded on NFT marketplaces, offering players the chance to gain from their in-game achievements.<strong>Economic Influence:</strong> Players contribute to the game&#39;s economy, influencing the value and scarcity of assets through their actions.</p><h2 id="header-6">Benefits for Players</h2><p><strong>Economic Opportunities: </strong>The ability to monetize gaming skills and achievements opens up real-world economic prospects for players.<strong>Strategic Depth:</strong> Ownership and tradeability introduce a strategic layer to gameplay, encouraging thoughtful asset management.<strong>Community Engagement:</strong> By owning NFTs, players actively shape Illuvium&#39;s community and its future, engaging in governance and community-driven initiatives.This approach  transforms the gaming experience by integrating economic incentives and strategic depth empowering players to take an active role in the game’s ecosystem and wider blockchain community.</p><p>Illuvium&#39;s use of NFTs is a leap forward, offering players unparalleled control and opportunities in the web-3 gaming ecosystem.</p><h2 id="header-7">Illuvium (ILV) Tokenomics</h2><p><img src="https://cdn.klever.io/assets/f8191fea-9763-4c41-ae18-dc4f74b46a28?width&#61;958&amp;height&#61;546" /></p><p>Illuvium (ILV) stands out in the blockchain gaming ecosystem with its sophisticated tokenomics model designed to ensure long-term value and utility within its expansive open-world RPG.</p><p>Here&#39;s an in-depth look at the key elements of Illuvium&#39;s tokenomics:</p><h3 id="1-overview">1. Overview</h3><p><strong>Token Symbol: </strong>ILV<strong>Blockchain:</strong> Ethereum<strong>Token Type:</strong> ERC-20<strong>Utility: </strong>Governance, rewards, in-game transactions.</p><h3 id="2-allocation-and-supply">2. Allocation and Supply</h3><p>Total Supply: 7,000,000 ILVCirculating Supply: 3,767,377 ILV (as of the latest update)The supply is allocated across various segments, including development, community rewards, staking, and the team.</p><h3 id="3-utility-and-rewards">3. Utility and Rewards</h3><p>In-Game Use: ILV tokens are used for various in-game activities, including purchasing items, creatures, and lands. Players can earn ILV through gameplay achievements, contributing to the Illuvium ecosystem.Staking: ILV holders can stake their tokens to earn a share of the game&#39;s revenue. Staking rewards are distributed in ILV, incentivizing long-term holding and participation in the ecosystem&#39;s growth.Governance: ILV grants holders governance rights, allowing them to vote on key decisions affecting the game&#39;s development and future direction.</p><h3 id="4-economic-model">4. Economic Model</h3><p>Deflationary Mechanisms: Illuvium incorporates deflationary mechanisms, such as burning a portion of the tokens from transaction fees, to reduce the overall supply over time, potentially increasing the token&#39;s value.Revenue Sharing: A unique aspect of Illuvium&#39;s tokenomics is its revenue-sharing model. A portion of the game&#39;s revenue is distributed back to the staking pool, rewarding active participants and stakeholders.</p><h3 id="5-market-performance">5. Market Performance</h3><p>Current Price: $112.99Market Cap: $425,691,82824h Volume: $43,985,044All-time High: $2,868.95All-time Low: $29.77Illuvium&#39;s tokenomics are designed to balance between incentivizing gameplay, participation, and investment in the ecosystem. By integrating utility, rewards, and a deflationary supply model, ILV aims to maintain its value and appeal to both gamers and investors within the blockchain space.</p><h3 id="ilv-now-available-on-klever-wallet">$ILV Now Available on Klever Wallet!</h3><p><img src="https://cdn.klever.io/assets/54b494b2-50b1-4d49-b84e-b9a253fe60c8?width&#61;958&amp;height&#61;958" /></p><p>Klever Wallet now supports $ILV, the native token of Illuvium, offering functionalities such as storing, sending, receiving and <a href="https://klever.io/en-us/buy-crypto/buy-ilv" rel="noopener noreferrer nofollow">buying $ILV</a>, with unparalleled ease and security. This development is a boon for both gamers and investors within the Illuvium ecosystem.</p><p>Elevate your Illuvium gaming experience by connecting your Klever Wallet to the game through the <a href="https://onelink.to/455hxv" rel="noopener noreferrer nofollow">Klever extension</a> on desktop. This connection enriches your gaming journey beyond simplifying transactions within Illuvium. The Klever extension ensures smooth, secure, and efficient integration with the Ethereum blockchain, enhancing every aspect of your interactions.</p><h2 id="header-8">Staking $ILV with Klever Extension</h2><p>The Klever extension&#39;s integration with the Ethereum blockchain facilitates direct and hassle-free interactions within Illuvium and other Ethereum-based platforms. This means you can <a href="https://klever.io/en-us/crypto-wallet/ilv-wallet" rel="noopener noreferrer nofollow">manage $ILV</a> tokens effortlessly, swap pairs, stake $ILV and more, all within a secure and user-friendly environment. Stake your ILV tokens with Klever and start earning passive income!</p><p>Klever Wallet&#39;s commitment to enhancing the user experience, coupled with its advanced security features, makes managing your $ILV tokens and connecting with the Illuvium universe more accessible than ever.</p><p>Enjoy an enriched gaming experience with the peace of mind that your digital assets are well-protected.</p><p><img src="https://cdn.klever.io/assets/cb4a700f-bb93-4359-8795-4d71b32103d1?width&#61;958&amp;height&#61;319" /></p>

What is Illuvium - $ILV ?

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