Projects listed: 276 |
BTC Dominance: 0.00% | Volume (24h): $42,813,574,301 | Market Cap: $2,607,971,582,746
Illuvium
ILV
$69.83
Sector
Gaming
Exchange Debut
2021-04-01
Market Cap
466,533,291
Maxim Supply
9,634,960
Circulating Supply
6,681,190
Circ. Supply(%)
69.34%
Illuvium
ILV
Price
$69.83
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
11426771
70.165667365871
65.866559199317
Change 24h
Change 7d
Change 30d
0.3288
-3.9887
3.9119
Maxim supply
Circulating supply
Circulating supply(%)
9,634,960
6,681,190
69.34%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the Illuvium cryptocurrency:
Illuvium, a groundbreaking open-world fantasy battle game constructed on the Ethereum blockchain, has been drawing attention from both casual gamers and DeFi enthusiasts. Its innovative approach to gaming and finance provides an engaging way to collect and trade assets, all while engaging in thrilling battles with other players. The fundamental analysis of the cryptocurrency Illuvium gives it an overall score of 7.41 out of 10, showcasing its strong standing in various key criteria.
SOCIAL & MASS MEDIA: Score 7.3 out of 10
Illuvium’s presence in the social and media landscape is commendable. With a perfect score in attracting followers on social media, it’s clear the project has high public interest. Despite the average performance in community activity, the significant presence in media and sizable chat group communities point towards a solid social engagement. The „Fundamental analysis of the cryptocurrency Illuvium” further confirms this strong media footprint.
AUDIT & SECURITY: Score 8.28 out of 10
The audit and security aspect of Illuvium is remarkable. High audit results, transparency of public information, and reliable liquidity on the exchange contribute to a secure investment environment. The project appears to prioritize the safeguarding of its investors’ assets.
TOKENOMICS: Score 4.8 out of 10
Illuvium’s token economy, however, shows room for improvement. The project’s inflation rate and the centralization of its monetary mass both scored an average of 5 out of 10. These metrics are critical to the overall financial health and growth potential of the „Fundamental analysis of the cryptocurrency Illuvium”.
ECOSYSTEM DEVELOPMENT: Score 7.4 out of 10
Illuvium exhibits strong progress in ecosystem development. Achievement of objectives and plans for future developments are both scored relatively high. It shows that the project is not only realizing its existing goals but also actively planning for future enhancements.
TEAM & DEVELOPERS: Score 7.6 out of 10
The team behind Illuvium, with its considerable experience and a good number of software developers, has achieved a score that reflects their proficiency and potential for project execution. They are a significant driver of the „Fundamental analysis of the cryptocurrency Illuvium”.
PRODUCT & UTILITY: Score 8.5 out of 10
The product’s utility and the utility of tokens within the ecosystem are highly rated, indicating the usefulness of Illuvium’s offering. The project stands out in its integration of tokens into the gaming experience, thereby increasing the intrinsic value of the tokens themselves.
PARTNERS & INVESTORS: Score 8.25 out of 10
Finally, the project’s strong partnerships and investor base suggest an overall positive outlook. A robust network of partners and investors is often indicative of a project’s credibility and potential for growth.
Fundamental analysis of the Illuvium cryptocurrency – The final conclusion
Considering the results of the fundamental analysis of the cryptocurrency Illuvium, this project presents as a strong contender in the crypto-gaming world. With its considerable presence in social and mass media, admirable audit and security standards, and product utility, it holds promising potential for further growth.
However, the tokenomics of the project indicate that potential investors need to be mindful of the inflation rate and the degree of centralization. A focused strategy to improve these aspects could enhance the investment appeal of Illuvium.
Overall, while there are risks associated with the tokenomics, the investment opportunity offered by Illuvium remains attractive due to its strong ecosystem, competent team, and significant partnerships. As always, potential investors should conduct their own due diligence to further understand the risks and opportunities associated with this project. The „Fundamental analysis of the cryptocurrency Illuvium” provides a solid foundationfor understanding the core strengths and potential areas of improvement for this project.
Diving deeper into the potential investment opportunity, Illuvium’s combination of an engaging game interface and a well-structured DeFi model could attract a broad user base, thereby increasing the potential for price appreciation of the ILV token. Additionally, the high-quality gaming experience, coupled with an enticing reward mechanism, further enhances the project’s appeal.
Regarding risks, while Illuvium’s overall audit and security are commendable, the project’s tokenomics present some challenges. Potential inflation and the degree of monetary mass centralization could impact the token’s value over time. It’s crucial for prospective investors to keep a close eye on these aspects as the project evolves.
Fundamental Analysis of Illuvium Cryptocurrency: A Unique Blend of Gaming and DeFi
Unlike most blockchain-powered games, Illuvium is a feature-packed, immersive video game with Decentralized Finance (DeFi) elements at its core. Accessible via a downloadable desktop application, Illuvium combines an engaging gameplay with an array of financial applications, including a yield farm and a decentralized exchange, making it a unique spectacle in the blockchain universe.
The game revolves around players exploring the virtual world of Illuvium, embarking on quests, participating in a communal narrative, and battling ‘Illuvials’ and competitors. Each player’s journey is unique, with Illuvials – distinctive creatures with different rarity, utility, and desirability – to be collected. These creatures, each represented by a Non-Fungible Token (NFT), possess different classes and affinities, which determine their prowess in combat.
Additionally, Illuvials can gain strength through victories, and can also be leveled up with in-game items, creating ascended forms that boast dual affinities. These Illuvial NFTs can be traded on external platforms and the IlluviDEX, Illuvium’s built-in, gas-free decentralized exchange.
Illuvium is unique for its fully 3D environment and design by renowned artists, catering to players accustomed to high-quality retail games. What sets it apart is its integration with Immutable X, a Layer-2 solution, ensuring zero gas fees and near-instant transaction finality for NFT minting and trading. Additionally, the IlluviDEX allows for trustless asset exchange, with a small fee contributing to rewards for ILV token stakers.
Lastly, Illuvium offers a yield farming program, allocating 3 million ILV tokens to liquidity providers over a three-year span. In summary, Illuvium merges the best of gaming and blockchain, redefining the landscape of blockchain-enabled games, while also offering potential rewards for players and investors alike.
- Latest analysis update: June 15, 2023
Illuvium - ILV performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
