Illuvium (CRYPTO: ILV), an NFT-based role-playing game involving battles amongst creatures, announced on Sunday that more than $72 million was raised via sales of its digital land parcels.
What Happened: According to The Block, from June 2 to June 5 was the official sale of land parcels in the Illuvium metaverse. Constituting 20,000 land pieces, Illuvium sold 19,969 land parcels, holding 31 parcels for future giveaways. The game includes players in an alien world capturing and battling creatures, known as Illuvials. The unique part of Illuvium’s land sale was that, unlike other NFT mints or sales, there were no gas wars that occurred. In other words, Ethereum gas prices remained stable due to its employment of the Immutable engine, a mechanism minimizing transaction fees and facilitating self-custody for NFTs.
