Team
Kieran Warwick
Co-founder
Basil Gorin
Blockchain Director
Special conditions
You take the role of a survivor of a transport vessel in an intergalactic space fleet, investigating a perplexing distress beacon. When you finally reach the origin of the call, you discover a ruined planet, possibly the mythical cradle of your race’s civilization. A vast crystal ocean engulfs all but a tiny fraction of the planet. Extreme weather events assault the surface, giving way to strikingly varied climates. A burst of radiation disables the ship’s engines and you slam into the planet’s surface. Crawling free from the wreckage, you discover majestic beasts, some with near godlike power. Could this be what caused the downfall of this planet? Luckily, your race has begun to master the same energy that the Illuvials harness, and you are able to capture and control the deity-like fauna into slivers of crystal called Shards, mined from the planet’s surface. To uncover the mysteries of the planet, you become a Hunter, traveling across the land subduing and capturing Illuvials, and trying to unlock the Obelisks that keep most of the world closed off.
Prior to launch of the game, $ILV holders may choose to stake $ILV to access the liquidity mining program (a type of ‘yield farming’ that has become popular with DeFi protocols where the founding teams seek to decentralise the governance of the protocol).
The purpose of the liquidity mining program is to distribute $ILV from the Illuvium Treasury to early Illuvium community members to: 1) achieve a distributed holding of $ILV tokens across more of the Illuvium community, 2) incentivise new people to participate in the Illuvium community, and 3) to enable a more liquid and transparent market for the trading of $ILV. The greater the size of the Illuvium community, the greater the prospects of decentralised governance as well as a self-regulating community that discourages bad actors and manipulation of governance and the game. Once the game is launched, users can stake $ILV as a signal of belief and support in the game and its governance model and receive access to governance and distributions from in-game fees.
A fully decentralized protocol, Illuvium represents a new age in gaming. It has been engineered from the ground-up to support the long-term sustainability of the Illuvium game and governance and provide players with a AAA-rated blockchain gaming experience. What makes Illuvium unique is that stakers receive regular distributions and can vote on everything from tokenomics related issues to the features in the game itself. With Illuvium, the power to define the project into the future is purposefully left to those who stake in the protocol.