Illuvium (ILV) showcased 40 in-game developments and designs from the past month, with skinning and terrain staging.
- Illuvium showcased more skin and terrain improvements as well as renderings of the game’s universe.
- ILV tokens sank below $90 as the game’s DeFi model faced difficulties.
- Illuvium still uses Ethereum due to relatively little on-chain interaction.
Illuvium is one of the most ambitious Web3 games and is still in a limited beta testing phase for testing. In the meantime, Illuvium continues to build its game assets, with a focus on artwork and in-game features.
The game team is also working on the environments that will be rendered on Unreal Engine 5. Illuvium is also developing arena features and battle boards, coming up with different concepts for multiple game worlds. the Illuvium team is now connecting all of its worlds on Unreal Engine, polishing and tweaking the final look.
Illuvium showed off new content never before seen in the last month of development. One of these features is a skin that will require long hours of in-game honing and will apply to all Alluvium characters.
40+ Exclusive Illuvium Leaks [First Look] w/ Grant Warwick (Co-Founder) https://t.co/ntMtiy4Vtd
— Illuvium (@illuviumio) August 23, 2022
The goal of the alluvium tier is to not make all items available and get rid of the free model. nft ownership economy will require a real difficulty and time commitment that does not allow some players to speed up their runs and grind faster.
Illuvium Remains Game with Strong DeFi Elements
The Illuvium community is somewhat divided because the game is promising, but the project is facing losses in terms of DeFi and ILV bets.
ILV has fallen to $89.81, erasing more value. The asset touched a peak above $1,800 in 2021 and held above the $500 level for several months. Now, ILV is expected to recover to levels seen since 2021, when the game was less popular.
ILV is hoping for a recovery after the Illuvium game launches in public beta and gains wider adoption.
Currently, ILV has the advantage of having a small number of tokens in circulation and a high betting volume. However, using ILV tokens with the game could be a very different story once the Illuvium universe and battles are in full swing.
Currently, the Illuvium game records about 37 smart contract interactions per day based on bets and NFT events on the blockchain. Illuvium still uses Ether and there is no hint of switching blockchains to scale to more players.
