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Illuvium – An NFT Game Sells $72 Million Worth of Digital Land

declared on Sunday that Illuvium, a game of monster-battle that uses non-fungible tokens and (NFTs), had raised more than $72 million in digital land sales....
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Photo by Jr Korpa

Declared on Sunday that Illuvium, a game of monster-battle that uses non-fungible tokens and (NFTs), had raised more than $72 million in digital land sales.

The land was sold between June 2nd and June 5th, 2022. 19.969 of the 20,000 available plots were sold. The remaining 31 plots will be kept for future giveaways.

Illuvium also noted that there weren’t any gas wars during the sale of the land. This is because Ethereum gas prices rise when users are able to perform transactions quickly on the blockchain. Illuvium uses the Immutable engine, which was developed by scaling tech developer Immutable to lower NFT transaction fees and allow for self-custody.

The player begins by having crashed on Illuvium, a distant planet. There, they encounter strange creatures called Illuvials that can be captured and used in battles. Through battling, the player can earn rewards and experience points that allow them to move on to more dangerous terrains in Illuvium.

Illuvium will launch on PC and macOS during the third quarter 2022. You can buy weapons and armor from NFTs which can be used to aid you in gameplay. These can then be resold later on IlluviDEX which has yet not launched.

Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".
Felipe Rodriguez

Felipe Rodriguez

Felipe states he has super powers, some argue that case but he does come up with some very clear predictions. Felipe is based in the US and frequently travels to Brazil where he was born. He is a journalist of the future and has a portfolio of crypto projects he has worked with. Felipe always says "The future doesn't scare me as much as the past, crypto is here to stay but only time will tell where it will take us".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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