Illuvium (ILV)

Illuvium

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

Basics

• Started in / Announced on:
• Mainnet release:
• Based in:
• 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."

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."

Token

Token allocation

• From their blog (17-2-2021):

1. Pre Seed - 500.000
2. Seed - 1.500.000
3. Team - 1.500.000
4. Treasury - 1.500.000
5. Launchpad - 1.000.000
6. Yield - 4.000.000

Utility

• Governance token (3-1-2022).

Technology

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

Implementations

• Built on: Ethereum & Immutable-X

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."

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].

Team, Funding, Partners

Team

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

Funding

• 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).

(:

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