You probably came across this awesome upcoming play-to-earn NFT blockchain game and are curious about how to earn from Illuvium? Well, you’re in luck because we’ll discuss the different ways for you to make money in-game. And it doesn’t matter if you’re a gamer or an investor. This article will cater to both regardless of the amount of time, capabilities, and interest you have. After all, we all have the same goal here: to make some money.
How to Earn from Illuvium
First, you’ll need to examine yourself. Are you someone who wants to play and experience the game firsthand? Or are you someone who doesn’t want to play but still wants to earn some money? Perhaps you are somewhere in the middle, someone who wants to play the game but doesn’t have a lot of time on their hands? Here are six (6) different ways to earn in Illuvium.
1. Hunt Illuvials
Hunting Illuvials and then selling them on the market is the game’s core concept. During your adventures, you’ll encounter wild Illuvials that can catch, train, and evolve. You can use them to aid you with your quests, catch stronger Illuvials, or sell them for a profit.
2. Farm Resources
On Illuvium, you can own land plots, and you can then farm resources that you can use to enhance your gameplay experience, or you can also sell them on the market. Your little bot companion can also mine and collect resources for you, so make sure to take advantage of that little critter.
3. Stake ILV
You can also become an investor on the side, and you’ll just need to stake or lock your ILV tokens for a certain period and earn interest returns.
4. Become a Manager
You can either catch or buy Illuvialls that you can lend out to scholars or players who borrow Illuvials and then earn a percentage off their earnings. That way, you’ll be able to earn passive income without doing all the grunt work yourself.
5. Become a Scholar
As mentioned above, this is for players who can’t afford to get powerful Illuvials, but thanks to the lending system of the game, that’s no longer the issue. Borrow Illuvials from Managers and then split the income depending on your contract.
6. Fight For ETH
On Illuvium, players can go 1v1 and fight each other in an arena, putting their ETH tokens on the line. So, If you believe that you have what it takes to beat other players in the arena, this might be an excellent option for you to earn money in-game. You can also wage your ETH by watching other players fight. But be warned, this is more like gambling, so you should think twice before betting ETH.
The ETH, ILV, and sILV tokens
I’ll give you the breakdowns of all three in-game tokens, and we’ll also discuss how to earn them, starting with ETH, which is the main currency of the game used for player-to-player transactions like purchasing Illuvials on the marketplace. It’s also the currency that is wagered when battling other players.
ILV, on the other hand, is not needed to play the game, but it is the governance token. This means that owning ILV gives you the power to vote for the game’s development in the future. It also represents Illuvium on the crypto market, and you can earn a passive income by staking ILV.
Lastly, we have sILV, which is mainly used for in-game mechanics without the involvement of other players like curing shards, travel fees, and so on. You can earn sILV token in two ways, either by staking or as an in-game reward for accomplishments and completed quests.
Conclusion
The popularity of play-to-earn games is rapidly growing, and a lot of blockchain games with the same concept are starting to appear one after another. Illuvium is one great example because the several options and opportunities to make a living out of this game will give everyone versatility. And unlike other blockchain games out there, its graphics will blow you away!