Blue Fox Notes: All income in the Illuvium ecosystem will be 100% returned to ILV pledgers
According to a post by Blue Fox Notes on X platform, all revenue generated within the Illuvium ecosystem will be 100% returned to ILV stakers. This includes revenue from in-game fees such as skins, dex trading fees, game sponsorships, and event revenue. These fees will go into their DAO treasury and will be used to buy ILV at market prices, which will then be distributed to ILV stakers. In May, Illuvium co-founder Kieran Warwick announced that the blockchain game had raised $10 million in funding from Framework Ventures to accelerate game development and support its distributed contributor team. The tokens involved in this funding transaction will be locked for two years and will not be included in staking, so they will not participate in profit sharing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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