Illuvium Raises $10 Million to Accelerate Expansion of its AAA Gaming Universe

ChainPlay

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one year ago

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Illuvium, the leading blockchain game ecosystem, has recently secured an additional $10 million in funding from Framework Ventures. This substantial investment will be instrumental in driving the development of Illuvium's innovative gaming universe and providing support to its remote contributors. Co-founder Kieran Warwick made the exciting announcement on Discord, highlighting the significant impact these funds will have on the game's progress.

Upcoming Open Beta and Interoperable AAA Games

Illuvium's much-anticipated open beta promises an array of thrilling experiences for players. The beta will introduce three interconnected AAA games: Illuvium: Zero, Illuvium: Overworld, and Illuvium: Arena. Each game offers unique gameplay elements that contribute to the immersive gaming universe. Illuvium: Zero serves as a captivating city builder, while Illuvium: Overworld provides an expansive open-world monster hunting adventure. Lastly, Illuvium: Arena offers an exhilarating autobattler experience. With the infusion of the new funding, Illuvium aims to deliver an open beta that exceeds expectations, ensuring a comfortable runway for future development and expansion.

The World's First Interoperable Blockchain Game Universe

Illuvium proudly claims the title of the world's first interoperable blockchain game universe. By leveraging the Immutable X network, Illuvium seamlessly combines an open-world exploration game, an industrial city builder, and an autobattler into a cohesive gaming experience. Players will have the opportunity to explore the Overworld, embark on quests, and hunt for NFT creatures known as Illuvials. Building a formidable team of Illuvials will allow players to engage in thrilling PvP or PvE battles within the Ascended Arena. Additionally, those who own virtual plots in Illuvium: Zero can utilize their land to collect resources, which can be sold on the marketplace or utilized within the Overworld.

Continued Support and Backing from Prominent Investors

This recent funding round adds to Illuvium's financial success, following a $5 million seed round led by Framework Ventures in March 2021. Other notable investors in the Web3 space, including Delphi Digital and YGG, have also provided substantial financial backing to the project. Framework Ventures, in particular, expressed its confidence in the Web3 gaming sector by announcing a $200 million investment in Web3 games following the launch of a $400 million fund in April.

With the infusion of $10 million from Framework Ventures, Illuvium is well-positioned to expand its AAA gaming universe. The funding will accelerate development efforts, ensuring an exceptional open beta experience for players. With strong financial backing and an ambitious vision, Illuvium is poised to make a significant impact on the future of blockchain gaming.

To delve deeper into the world of Illuvium, invite you to explore our dedicated page at: https://chainplay.gg/games/illuvium/.