Saturday, April 13, 2024

The $2 million gaming guild crowdfunding has bolstered the RPG adventure game Illuvium.

Polemos, a global gaming guild, has closed a funding round worth $2 million for its blockchain-based game – Illuvium. The funding has come about from the contributions of multiple investors like QCP Soteria, Delphi Digital, De-fi Capital, etc.

Polemos adheres to the pay-to-earn model and specializes in crypto games revolving around NFT – Non-Fungible tokens. The massive funding which has been raised via crowdfunding will be mainly utilized for boosting user adoption of Illuvium.

In a bid to educate and analyze gamers, Polemos is working towards building a player analytics system as well as a decentralized exchange platform. The company’s planning to lend resources like tokens to players in various developing countries to spur them to play games.

It must be noted that Polemos has entered into a partnership with Asian Logic, a web-based gambling operator. The collaboration is aimed at establishing a large multilayered network of gamers prior to the release of Illuvium.

All You Need To Know About Illuvium

Illuvium is an open-world RPG game in which players have to hunt and capture deity-like monsters known as Illuvials. What’s noteworthy is that the game is based on the Ethereum Blockchain. Cofounded by Kieran Warwick, Illuvium has been undergoing developments since 2020 and is all set to launch in 2022.

Boasting a market capitalization of over $1 billion, Illuvium is presently trading at $1,717.22. Given the recent funding of 2 million USD, the blockchain-based RPG title is bound to take the crypto gaming world by storm in the coming time.

Cryptured Team
Cryptured Team
The writers team at Cryptured.com is composed of passionate and experienced journalists who cover the latest developments in the crypto and blockchain space. They aim to provide accurate, unbiased and easy-to-understand news and information for their readers, as well as insights and analysis from industry experts. The writers team is always on the lookout for new and exciting stories that can help the general public learn more about the potential and challenges of these technologies.
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