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What is Illuvium (ILV)?
Illuvium (ILV) is the native token of the Illuvium, an open-world RPG adventure with collectible creatures (Illuvials) built on the Immutable X blockchain. ILV fuels various in-game activities and the Illuvium ecosystem.
Key Features of ILV Token
- In-Game Currency: ILV serves as the primary currency within the Illuvium game, used for purchasing in-game items, enhancing characters, and potentially battling other players.
- Reward Token: Players can earn ILV tokens through gameplay by capturing Illuvials, completing quests, and participating in in-game activities.
- Governance (Potential Future): While not fully implemented yet, ILV holders might have voting rights on proposals shaping the future development of the Illuvium game (subject to change).
Uses of ILV Token
- In-Game Purchases: ILV is used to purchase items like potions, boosters, and character skins within the Illuvium game.
- Staking (Potential Future): Staking ILV might offer rewards or benefits within the Illuvium ecosystem in the future