Analysis

Ethereum-Based NFT Gaming Project Explodes More Than 70% This Week Amid Flurry of Updates

An Ethereum (ETH)-based non-fungible token (NFT) gaming mission skyrocketed by greater than 70% this week amid a flurry of latest upgrades.

The utility and governance token of Illuvium (ILV) surged to a weekly excessive of $105 from a low of $61.81 on January twenty ninth.

Illuvium is a mission that goals to construct open-world fantasy video games. The A hundred and eightieth-ranked crypto asset by market cap has barely retraced and is buying and selling at $95.21, up over 5% within the final 24 hours.

In January, Illuvium released the alpha model of its third recreation, Illuvium Zero, a constructing and land growth cellular and desktop recreation. On Thursday, the mission released the most recent replace to Illuvium Zero, which goals to repair a number of the new recreation’s bugs.

Illuvium additionally overhauled its web site this week.

Moreover, the mission announced a deliberate improve for Illuvium: Overworld, an open-world exploration recreation that’s at present in personal beta.

“Illuvium: Overworld will quickly characteristic totally optimized plant physics, influenced not simply by your motion but additionally by wind! This can add new layers to the traversal expertise. When you’re intelligent, perhaps you need to use it to your benefit.”

Regardless of the worth positive factors this week, ILV stays practically 95% down from its all-time excessive of $1,911, which it hit in November 2021.

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