ILV

ILV is the native governance and utility token of Illuvium, a blockchain-based open-world role-playing game and NFT collection. Issued on the Ethereum blockchain as an ERC-20 token, ILV underpins governance, staking, and certain fee and revenue-sharing mechanisms within the Illuvium ecosystem. Illuvium combines decentralized finance concepts with a player-driven economy and collectible NFTs representing creatures called Illuvials.

Holders of ILV participate in on-chain governance through the Illuvium DAO, which allows proposals and voting on ecosystem changes, treasury management, and policy updates. The project also supports staking of ILV, enabling participants to earn rewards and to participate more directly in the distribution of platform revenues, depending on the terms set by the Illuvium teams and governed by the DAO.

Economics and trading: The ILV token is tradable on major cryptocurrency exchanges and can be acquired through ecosystem programs such as participation in events or staking, subject to platform rules. ILV is used to pay for certain in-game services or fees where applicable, and to unlock and exercise governance rights. The token’s supply and distribution are outlined by Illuvium’s published tokenomics and governance framework, with the treasury and protocol incentives intended to align the interests of developers, players, and investors.

As with many blockchain projects, ILV's value is influenced by overall market conditions, the success of Illuvium’s game development, and community engagement.