Web3 metaverse game Illuvium announced that it will launch a token airdrop event. This airdrop season will provide a total of 250,000 ILV tokens, equivalent to approximately $25 million. 50,000 ILV will be used for loyalty airdrops, and the remaining 200,000 ILV will be distributed in a 6-month Play-to-Airdrop event.
The loyalty airdrop will reward users who have participated in the Illuvium ecosystem over the past 3 years, including staking ILV tokens, providing LP liquidity, purchasing virtual plots, trading NFTs, etc., and will be issued in Q2 2024. Illuvium has taken a snapshot at 23:59 UTC on April 14.
The Play-to-Airdrop event requires users to participate and interact as much as possible in the four Illuvium games, including arena battles, virtual world exploration, land development, NFT collection and trading, etc. The activity points determine the number of airdropped ILVs. The first batch of 20,000 ILVs will be distributed during the Beta testnet phase, with Private Beta 4 (PB4) starting on April 30 and the Public Beta testnet starting on May 28; 180,000 ILVs will be airdropped in 5 months after the Public Beta mainnet is officially launched.