Über Illuvium (ILV)
Illuvium is the name of an open-world GameFi title based on the Ethereum blockchain. Gameplay revolves around Illuvials — creatures that players can use in battles — which are represented by NFTs. The game's native currency, the ERC-20 token ILV, is used to reward gamers through the title's play-to-earn features and as a governance token for the project.
Illuvium leverages the Ethereum layer-2 scaling solution Immutable X to significantly reduce the gas fees required to transact NFTs. Like other popular GameFi titles, gamers take full ownership of their Illuvials and can trade the NFTs on secondary markets, including the project's gas-less IlluviDEX.
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