What is Illuvium? ILV Token Explained Simply

Illuvium is an open-world fantasy battle game built on Immutable X and secured by the Ethereum blockchain. Illuvium features a fully 3D environment, with over 100 unique Illuvials found scattered throughout its various regions.

By leveraging Immutable X’s capabilities, Illuvium ensures players can mint and trade NFTs with zero gas fees and almost instant transaction finality. Players always maintain custody of their assets while using IMX. The ecosystem also consists of the IlluviDEX which features a built-in decentralised exchange which can be used for trustlessly exchanging Illuvium assets including Illuvial NFTs. A 5% fee is deducted from each sale and funnelled into the rewards pool for ILV stalkers.

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