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100% of all income within the Illuvium ecosystem will be returned to ILV pledgers
2023-11-27 07:00
Odaily News Blue Fox Notes posted on the X platform that according to the project team’s description, 100% of all income in the Illuvium ecosystem will be returned to ILV pledgers. These include: in-game fee income, such as skins, etc.; Dex transaction fees; game sponsorship, event income, etc. These fee income will go into its DAO treasury, and then ILV will be purchased according to the market price, and the resulting ILV will be distributed to ILV pledgers. Earlier in May, Kieran Warwick, co-founder of blockchain game Illuvium, announced that Illuvium had raised US$10 million from Framework Ventures, which will be used to accelerate game development and support its distributed contributor team. The tokens involved in this financing transaction will be locked for two years and will not be included in the pledge, so they will not participate in benefit distribution. Illuvium is about to launch its beta version, which includes three interoperable AAA games: Illuvium: Zero (city-building game), Illuvium: Overworld (monster world) and Illuvium: Arena (arena). In October, Illuvium announced that it would launch a public beta version of IlluviDex in Q1 2024. In-game exchange IlluviDex introduces new features, including a quote system for negotiating prices, a new structural layout of assets organized by game, and a card stacking feature to simplify browsing asset collections.