Ethereum Game ‘Illuvium’ Teases Airdrop, Q2 Release Amid $12 Million Raise

Illuvium Labs, the gaming studio behind the anticipated blockchain gaming universe Illuvium, introduced this week that it has raised $12 million in Collection A funding because it gears up for the launch of its interconnected sport titles in Q2 2024.
The contemporary capital injection was co-led by King River Capital, Arrington Capital, Animoca Manufacturers, and The Spartan Group, with participation by traders together with Arca, Polygon Ventures, 32-Bit Ventures, and Yield Guild Video games.
The Illuvium gaming universe spans three core sport experiences: monster-battler Illuvium Area, open-world motion/journey sport Illuvium Overworld, and base-building sport Illuvium Zero. They’re collectively constructed round interoperable property inside the Ethereum ecosystem, together with on scaling community Immutable X.
Along with revealing plans to debut the video games within the second quarter of this yr, an official press launch additionally teases an impending token airdrop. “There are whispers of a big airdrop deliberate for the sport’s neighborhood,” the press launch notes, “rumored to be price greater than $25 million.”
Sneak Peek into Illuvium: Overworld’s Upcoming Beta Options! The Overworld has a fist-full of options being applied, together with Illuvial Searching, motion tech, harvesting, crafting, fusing, and combating.
Are you Prepared to hitch the hunt, Ranger?
#Illuvium #Web3Gaming… pic.twitter.com/QDYID5vPgf
— Illuvium (@illuviumio) March 7, 2024
Illuvium’s ILV token is presently valued above $150, and almost touched $160 earlier this month—the very best worth level registered since 2022.
Editor’s observe: This text was written with the help of AI. Edited and fact-checked by Andrew Hayward.