What is Illuvium (ILV)? | Illuvium Crypto Explained in Under 60 Seconds

Illuvium (ILV) is a blockchain-based, play-to-earn adventure game with a variety of revenue streams, collectible NFTs, and supporting DeFi applications.

Illuvium Token (ILV) - The Illuvium protocol token $ILV is used for staking, reward payments, and DAO governance. Synthetic ILV (sILV) is earned by staking and used for in-game spending power.

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Illuvium RPG Game - The Illuvium RPG game is set on a mystical planet in another galaxy. Players can explore the open-world, battle opponents, collect game items, and play to earn rewards.

Illuvials (Game Creatures) - Illuvials are a variety of wild creatures found inside the game that players can hunt and collect. Captured Illuvials are stored as NFTs in your wallet.

IlluviDEX (NFT Marketplace) - The IlluviDEX is a gas-free peer-to-peer NFT marketplace where players can freely trade game items as non-fungible tokens (NFTs).

Immutable X - By integrating with Immutable X, Illuvium provides an L2 ETH scaling solution with no gas fees and instant transactions. Players maintain custody of assets.

WEBSITE: https://www.illuvium.io/

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