Illuvium is an NFT game developer focused on blockchain and NFT titles. Its main product is Gods Unchained, an NFT collectible card game. The company develops and operates blockchain/NFT games. Illuvium announced completion of a $12 million Series A financing. Participating investors named in the report include King River Capital, Arrington, and Animoca. The article does not provide revenue, user, or other operating metrics. Illuvium is developing an NFT-based strategic autobattler that rewards players by allowing them to explore, capture and trade collectible creatures called Illuvials. The game is being built in Unreal Engine 4 and is planned for Windows and Mac release at the end of Q3 2021. Illuvium is built on Ethereum and integrates a Layer 2 solution, Immutable X, to enable zero gas fees for minting and exchanges and sub-second transaction times. The platform’s economics center on in-game fees and Illuvial sales on the IlluviDEX exchange, with DeFi staking that converts in-game profits into synthetic Illuvium ($sILV) distributed to staked ILV holders. The team plans to create a DAO to give the community ownership and aims to support multiple titles within the same explorable world and open the world to other developers. The company was founded last year by brothers Kieran and Aaron Warwick and counts 37 core contributors to its DAO.

Total raised

$17M

Funding rounds

2

Latest round

Series A

Latest activity

Mar 2024