Illuvium is a free-to-play open-world RPG NFT game built on Immutable X. Players will need to assemble their team to capture illuvials, which can be further used to battle in the arena, or traded on Illuvium's marketplace (IlluviaDex).
ILV is the native utility token of Illuvium and is used in the following functions:
Liquidity mining: Users can stake ILV tokens for sILV, and earn a share of the game revenue distribution.
In-game currency: Users can stake ILV tokens in return for sILV tokens, which will be used for in-game purchases such as reviving creatures, travelling to different worlds, and more.
As at September 22nd 2021, the maximum token supply of ILV is 10,000,000. The total token supply of ILV is 7,000,000 and the current circulating supply is 634,934 (~9.07% of the total token supply).