Illuvium's debut on the Epic Games Store later this month and major updates to the governance structure.
Eliza Crichton-Stuart
Head of Operations
Illuvium, the web3-powered game from Immutable X, is set to debut on the Epic Games Store later this month, resulting in a notable surge in the Illuvium (ILV) token's value. The upcoming Illuvium Beta 3: Arena test full of PVP action, is scheduled for November 28th, exclusively on the Epic Games Store. With over 230 million users the Epic Games Store is known for its web3-friendly stance, hosting prominent web3 titles such as Gods Unchained, Parallel, Phantom Galaxies, MetalCore, Apeiron, My Pet Hooligan, Superior, The Machines Arena, Blankos Block Party, Grit (GALA), Last Remains, Cards of Eternity, Mars4, and more. The latest inclusion of Illuvium has driven the ILV token from $65 to a peak of $80.49, marking a 24% increase within a few hours. The ILV token rests at $75.50, reflecting a 17% surge within a 24-hour window and an impressive 94% rise over 30 days.
Built on Immutable X, Illuvium offers diverse gameplay styles, including an open-world adventure and competitive auto-battler mode, all powered by Ethereum's scaling network. The game's incorporation of various NFTs, including a $72 million digital land NFT sale in June 2022, highlights its notable position in the web3 gaming space. In tandem with its latest developments, Illuvium has undergone significant governance restructuring, appointing 20 industry experts like Gabby Dizon (Co-Founder of Yield Guild Games) and Robbie Ferguson (Co-Founder and President of Immutable). The enhanced governance structure introduces four committees focusing on marketing, game development, strategy, and operations, aiming to collaborate closely with the community council, influenced by ILV token holders.
Operations committee:
Strategy committee:
Game committee:
Marketing committee:
The Illuvium listing on the Epic Games Store not only signifies a pivotal moment for web3 gaming but also underscores the platform's commitment to onboarding more traditional web2 gamers to the web3 ecosystem. As the web3 gaming community eagerly awaits the Beta 3: Arena test, the impact of Illuvium's strategic move is poised to shape the future integration of blockchain and traditional gaming platforms.
updated:
February 20th 2024
posted:
November 22nd 2023