Illuvium Unveils $25 Million ILV Token Airdrop

Illuvium, a gaming company, has announced a $25 million token airdrop, distributing 250,000 ILV among community members to reward loyalty.

The gaming company Illuvium (ILV), creators of the Interoperable Blockchain Game (IBG) universe, announced a $25 million token airdrop, with 250,000 ILV distributed among community members. This distribution includes 50,000 ILVs as rewards for loyal members and another 200,000 ILVs reserved for a six-month play-to-airdrop program.

The loyalty airdrop will recognize users who have been active participants in the Illuvium ecosystem for the previous three years. Staking in the ILV and/or the Sushi Liquidity pools, spending in Illuvium Zero Land and on Illuvitars, and IlluviDex trading costs are among the behaviors that will be factored into an internal point system that will determine each user’s ILV incentives. We schedule the reward distribution for the second quarter of 2024, capturing the snapshot for this airdrop on April 14th at 23:59 UTC.

Users can gain points based on their level of engagement in various aspects of Illuvium games, such as participating in fights in Arena, creating lands in Zero, trading, and completing albums in Beyond. This is all part of the Play-to-Airdrop feature. For these tasks, the project’s ecosystem games will all use the same point system.

Additionally, Illuvium has announced the release of Private Beta 4 on April 30th. Anyone interested in playing can register right now.

An AAA Blockchain Gaming Experience in a Decentralized RPG Collection

Illuvium offers a variety of games set in interesting and varied settings, as well as decentralized role-playing games (RPGs). Explore vast landscapes in search of unique creatures to fight in the arenas or trade on the exchange. Players can use their assets in a variety of ways across the series, thanks to the interconnected games.

An AAA blockchain gaming experience is now available to players with the development of Illuvium, a completely decentralized system. The project’s stakeholders can have a say in how the project develops by voting on various tokenomics and game features. The distribution of earnings and the maintenance of constant yields are other rights of the stakeholders in the game.

Simultaneously, the dual-purpose ILV token forms the structure of the Illuvium ecosystem. The token’s role as a governance token means that its holders can influence the direction of the Illuvium project through its decentralized governance. Moreover, ILV serves as a tradable asset, allowing its holders to acquire, hold, or trade it, thereby adding value and practicality.

The ILV token has lost 7% of its value in the last 24 hours, according to statistics from CoinMarketCap, and is currently trading at $96.96 as of this writing.