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Blockchain Gaming Studio Illuvium Raises $10M from Framework Ventures

Blockchain Gaming Studio Illuvium Raises $10M from Framework Ventures

Kieran Warwick, co-founder of blockchain gaming studio Illuvium, announced that Illuvium has raised an additional $10 million in funding from Framework Ventures via token sale. The tokens involved in the fundraising will be locked for two years and won't be staked, thus won't receive revenue distributions.

Kieran Warwick said the funds raised will be used to accelerate Illuvium's development as well as to support the distributed group of contributors. Illuvium will soon launch an AAA gaming universe with three games, Illuvium: Zero, Illuvium: Overworld and Illuvium: Arena.

 

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