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Can Illuvium Accomplish Its Lofty Goals? ($ILV)
Can Illuvium Accomplish Its Lofty Goals? ($ILV)
Earlier this year, we outlined a promising new project in the blockchain gaming space called Illuvium ($ILV). Billed as the first AAA quality, decentralized gaming experience, the concept of Illuvium and the Decentralized Autonomous Organization (DAO) responsible for its development have already attracted $575M worth of investment capital…And that number is rising fast.
Since our initial feature, the price of the governance token, ILV, has nearly doubled ($460 --> ~$900).
Underlying chatter shows a similar uptrend, with mentions of Illuvium and ILV token at an all-time high on a 30-day moving average: +183% QoQ.
Although Illuvium is similar in many respects to the wildly popular blockchain game, Axie Infinity ($AXS), ILV's impressive development team has plans to bring a number of unique concepts to the table.