Difference between revisions of "Illuvium (ILV)"

Illuvium
Type	NFT RPG game
Consensus mechanism	Immutable X
Total supply	10,000,000
Website	https://www.illuvium.io/

Revision as of 02:07, 13 June 2022

From EthHub (4-1-2021):

"Illuvium is a decentralized, NFT collection and auto battler game built on the Ethereum network. Integrated with the hyper-scalable Immutable-X L2 solution, players of Illuvium gain access to zero gas fees for minting or exchanging of assets as well as sub-second transaction times, all with user maintained custody."

Basics

Started in / Announced on:
Mainnet release:
Based in:

History

Founded by Kain Warwick’s brothers Aaron and Kieran Warwick.

Audits & Exploits

Bug bounty program can be found [insert here].
Illuvium has been audited (3-1-2022).

Bugs/Exploits

From Blockthreat (4-2-2022):

"On January 3rd, 2022 Illuvium discovered an actively exploited unlimited minting vulnerability which resulted in the loss of $1.25M."

Governance

Admin Keys

DAO

Treasury

Token

Launch

Token allocation

From their blog (17-2-2021):

Pre Seed - 500.000
Seed - 1.500.000
Team - 1.500.000
Treasury - 1.500.000
Launchpad - 1.000.000
Yield - 4.000.000

Utility

Governance token (3-1-2022).

Token Details

Stablecoin

Technology

Whitepaper can be found [insert here].
Code can be viewed [insert here].

Implementations

Built on: Ethereum & Immutable-X

How it works

Fees

Upgrades

Staking

From Yield Farmer (3-1-2022):

"Illuvium stakers must vest their rewards for 12 months before they can freely claim them."

From their blog (17-2-2021):

"All in-game purchases and fees are sent to the Vault. Periodically, the Vault distributes this revenue to staked token holders by purchasing an equivalent value of $ILV automatically from the $ILV/ETH Uniswap V2 pool. Participants in both the $ILV / ETH and $ILV staking pools are given equal weighting for the purposes of Vault distributions."

Liquidity Mining

From their blog (17-2-2021):

"Yield farming is set to take 3 years with a significant majority of the coins distributed in the first two."

Scaling

Interoperability

Other Details

Oracle Method

Compliance

Their Other Projects

IlluviDEX

From their blog (17-2-2021):

"Exchange Fees and Wagering Fees are generated from every sale on our IlluviDEX at an initial rate of 5% of the total transaction value. In addition to this, the Immutable X platform (IMX) takes a small capped fee of all transactions on their network in exchange for waiving GAS fees. The predominant in-game currency is ETH."

Roadmap

Can be found [Insert link here].

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding, Partners

Team

Full team can be found [here].
Founded by Kain Warwick’s brothers Aaron and Kieran Warwick.

Funding

Illuvium raised $72 million in digital land sales (7-6-2022).
Closed a $5M round with Delphi Digital, Stake Capital, Quantstamp, Bitcoin.com, Jason Choi of Spartan Group and crypto founder personalities Kain Warwick of Synthetix, Stani Kulechov of Aave, Anton Bukov of 1inch, and Santiago Roel Santos of ParaFi. and others (12-3-2021).

Partners

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

ETH tip address: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31

@@ Line 1: / Line 1: @@
-{{Crypto_info_template|website=https://www.illuvium.io/|total_supply=10,000,000|type=NFT RPG game|consensus_mechanism=Immutable X}}
+{{Crypto_info_template|website=https://www.illuvium.io/|total_supply=10,000,000|type=NFT RPG game|consensus_mechanism=Immutable X}}[https://ethhub.substack.com/p/ethhub-weekly-147?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjozMDkxMDQyOCwiXyI6IlFKM3dqIiwiaWF0IjoxNjA5ODQzMzAyLCJleHAiOjE2MDk4NDY5MDIsImlzcyI6InB1Yi0zOTEwIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.5fyd4l7EqfEV0mFKpGosKUdIvJSfHEtfMXCdb6w69tA From] [[EthHub]] (4-1-2021):
+''"[https://illuvium.medium.com/illuvium-collect-battle-earn-b352a8901b7b Illuvium] is a [[decentralized]], [[NFT]] collection and auto battler game built on the [[Ethereum]] network. Integrated with the hyper-scalable [[Immutable-X]] [[L2]] solution, players of Illuvium gain access to zero [[gas]] [[fees]] for minting or exchanging of assets as well as sub-second [[transaction]] times, all with user maintained custody."''
 ==Basics ==
@@ Line 6: / Line 8: @@
 * [[Mainnet]] release:
 * Based in:
-* [https://ethhub.substack.com/p/ethhub-weekly-147?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjozMDkxMDQyOCwiXyI6IlFKM3dqIiwiaWF0IjoxNjA5ODQzMzAyLCJleHAiOjE2MDk4NDY5MDIsImlzcyI6InB1Yi0zOTEwIiwic3ViIjoicG9zdC1yZWFjdGlvbiJ9.5fyd4l7EqfEV0mFKpGosKUdIvJSfHEtfMXCdb6w69tA From] [[EthHub]] (4-1-2021):
-''"[https://illuvium.medium.com/illuvium-collect-battle-earn-b352a8901b7b Illuvium] is a [[decentralized]], [[NFT]] collection and auto battler game built on the [[Ethereum]] network. Integrated with the hyper-scalable [[Immutable-X]] [[L2]] solution, players of Illuvium gain access to zero [[gas]] fees for minting or exchanging of assets as well as sub-second [[transaction]] times, all with user maintained custody."''
 == History ==
@@ Line 25: / Line 24: @@
 == Governance ==
+=== Admin Keys ===
 === DAO ===
 === Treasury ===
@@ Line 33: / Line 33: @@
 * From their [https://illuvium.medium.com/9-tokenomics-launchpad-and-reward-details-5894c3b356be blog] (17-2-2021):
-# Pre Seed - 500.000
+# Pre [[Seed]] - 500.000
 # Seed - 1.500.000
 # Team - 1.500.000
@@ Line 42: / Line 42: @@
 === Utility ===
-* Governance token ([https://yieldfarmer.substack.com/p/-happy-nye-farm-350-apy-via-illuvium?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjo0NjQ5ODc3OCwiXyI6IjNtM29qIiwiaWF0IjoxNjQxMTgwNzM0LCJleHAiOjE2NDExODQzMzQsImlzcyI6InB1Yi0zODQ1MSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.AIBi4DoxEN 3-1-2022]).
+* [[Governance]] [[token]] ([https://yieldfarmer.substack.com/p/-happy-nye-farm-350-apy-via-illuvium?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjo0NjQ5ODc3OCwiXyI6IjNtM29qIiwiaWF0IjoxNjQxMTgwNzM0LCJleHAiOjE2NDExODQzMzQsImlzcyI6InB1Yi0zODQ1MSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.AIBi4DoxEN 3-1-2022]).
 === Token Details ===
@@ Line 61: / Line 61: @@
 *[https://yieldfarmer.substack.com/p/-happy-nye-farm-350-apy-via-illuvium?token=eyJ1c2VyX2lkIjoxMzk3OTAwLCJwb3N0X2lkIjo0NjQ5ODc3OCwiXyI6IjNtM29qIiwiaWF0IjoxNjQxMTgwNzM0LCJleHAiOjE2NDExODQzMzQsImlzcyI6InB1Yi0zODQ1MSIsInN1YiI6InBvc3QtcmVhY3Rpb24ifQ.AIBi4DoxEN From] [[DeFi Pulse|Yield Farmer]] (3-1-2022):
-''"Illuvium stakers must vest their rewards for 12 months before they can freely claim them."''
+''"Illuvium [[stakers]] must vest their rewards for 12 months before they can freely claim them."''
 *From their [https://illuvium.medium.com/9-tokenomics-launchpad-and-reward-details-5894c3b356be blog] (17-2-2021):
-''"All in-game purchases and fees are sent to the Vault. Periodically, the Vault distributes this revenue to [[Proof-of-Stake (PoS)|staked]] token holders by purchasing an equivalent value of $ILV automatically from the $ILV/ETH [[Uniswap]] V2 pool. Participants in both the $ILV / ETH and $ILV staking pools are given equal weighting for the purposes of Vault distributions."''
+''"All in-game purchases and fees are sent to the [[Vault]]. Periodically, the Vault distributes this revenue to [[Proof-of-Stake (PoS)|staked]] token holders by purchasing an equivalent value of $ILV automatically from the $ILV/ETH [[Uniswap]] V2 pool. Participants in both the $ILV / ETH and $ILV [[staking]] pools are given equal weighting for the purposes of Vault distributions."''
 === Liquidity Mining ===
@@ Line 71: / Line 71: @@
 * From their [https://illuvium.medium.com/9-tokenomics-launchpad-and-reward-details-5894c3b356be blog] (17-2-2021):
-''"[[Yield farming]] is set to take 3 years with a significant majority of the coins distributed in the first two."''
+''"[[Yield farming]] is set to take 3 years with a significant majority of the coins [[distributed]] in the first two."''
 === Scaling ===
@@ Line 77: / Line 77: @@
 === Other Details ===
 == Oracle Method ==
-== Privacy Method ==
+== Compliance ==
-=== Compliance ===
 == Their Other Projects ==
 === IlluviDEX ===
@@ Line 84: / Line 83: @@
 * From their [https://illuvium.medium.com/9-tokenomics-launchpad-and-reward-details-5894c3b356be blog] (17-2-2021):
-''"Exchange Fees and Wagering Fees are generated from every sale on our IlluviDEX at an initial rate of 5% of the total transaction value. In addition to this, the Immutable X platform (IMX) takes a small capped fee of all transactions on their network in exchange for waiving GAS fees. The predominant in-game currency is [[ETH]]."''
+''"Exchange Fees and Wagering Fees are generated from every sale on our IlluviDEX at an initial rate of 5% of the total transaction value. In addition to this, the [[Immutable]] X platform (IMX) takes a small capped fee of all [[transactions]] on their network in exchange for waiving GAS fees. The predominant in-game currency is [[ETH]]."''
 == Roadmap ==
 * Can be found [Insert link here].
@@ Line 91: / Line 90: @@
 === Projects that use or built on it ===
 == Competition ==
-== Coin Distribution ==
 == Pros and Cons ==
 === Pros ===
@@ Line 102: / Line 100: @@
 === Funding ===
-* Closed a [https://twitter.com/illuviumio/status/1370120584227483650 $5M round] with [[Delphi Digital]], [[Stake Capital]], [[Quantstamp]], Bitcoin.com, [[Jason Choi]] of [[Spartan Group]] and crypto founder personalities [[Kain Warwick]] of [[Synthetix]], [[Stani Kulechov]] of Aave, [[Anton Bukov]] of [[1inch]], and [[Santiago Roel Santos]] of [[ParaFi Capital|ParaFi]]. and others (12-3-2021).
+* Illuvium [https://twitter.com/theblock__/status/1533930748524339206 raised] $72 million in digital land sales (7-6-2022).
+*Closed a [https://twitter.com/illuviumio/status/1370120584227483650 $5M round] with [[Delphi Digital]], [[Stake Capital]], [[Quantstamp]], [[Bitcoin]].com, [[Jason Choi]] of [[Spartan Group]] and crypto founder personalities [[Kain Warwick]] of [[Synthetix]], [[Stani Kulechov]] of [[AAVE|Aave]], [[Anton Bukov]] of [[1inch]], and [[Santiago Roel Santos]] of [[ParaFi Capital|ParaFi]]. and others (12-3-2021).
 === Partners===
@@ Line 110: / Line 109: @@
 Making these free wiki pages is fun but takes a lot of effort and time.
-If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.
+If you have enjoyed reading, tips are appreciated :) This will help us to [[keep]] expanding this archive of information.
 [[ETH]] tip [[address]]: 0x83460bE5F218b1520B69D702cE60A1DE37dD8E31
 [[Category:Companies/Organisations]]