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Illuvium - ICO
Overview
About Illuvium - ICO
Kieran Warwick, co-founder of blockchain gaming studio Illuvium, announced that Illuvium has raised an additional $10 million in funding from Framework Ventures via token sale. The tokens involved in the fundraising will be locked for two years and won't be staked, thus won't receive revenue distributions. Kieran Warwick said the funds raised will be used to accelerate Illuvium's development as well as to support the distributed group of contributors. Illuvium will soon launch an AAA gaming universe with three games, Illuvium: Zero, Illuvium: Overworld and Illuvium: Arena.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Canada | 2019 | 94 | hello@framework.ventures |
Founders & Team
Kieran Warwick
Company Profile / Project Introduction
Illuvium is a video game developer and publisher of AAA play-to-earn crypto-games. Illuvium removes the ownership gap between gamer and game, engaging its stakeholders in a community-governed collaborative game development model. Illuvium’s games feature collectible NFT assets with in-game functionality that are playable across multiple games planned for the Illuvium metaverse, and will appear in partnership with other games the larger DeFi metaverse. Illuvium’s decentralized NFT collection means players have true ownership of their in-game assets. All time and effort in-game is transferred to real world value, never before possible in mainstream gaming. Illuvium was co-founded by lifelong gamers CEO Kieran Warwick, game designer Aaron Warwick, and art director Grant Warwick. Driven to deliver a NFT-game worthy of gamers, the Warwicks founded Illuvium to put an immersive AAA gaming metaverse on the Ethereum blockchain. Partnering with Immutable-X, Illuvium players pay zero gas fees for minting or exchanging NFT assets, enjoying sub-second transaction times for uninterrupted gameplay. The Warwicks lead a core contributor workforce of 150+ professionals in 36 countries, recruited for their experience in top entertainment, gaming, and crypto industry franchises.