<a href="https://tingbits.com/game/illuvium">Illuvium</a>, an open-world exploration and autobattler game, has just closed its biggest land sale yet. The 72-hour event saw the sale of 19,969 land plots valued at $72 million. This makes it one of the most successful sales of NFTs to date. 

The initial sale represents 20% of the total land available in Illuvium's Universe. About 80% more acres are set to be released in future sales. 

Transactions were fast and gas-free during the selling period. This is because Illuvium chose <a href="https://www.immutable.com/">Immutable X</a> to handle sales. Immutable X is a Layer 2 Ethereum scaling solution for NFTs powered by StarkWare's zero-knowledge rollup technology. This protocol allowed minting and trading of Illuvium Land NFTs without using any gas, while also keeping the security of the Ethereum blockchain.

The plots in Illuvium generate different amounts of resources, which are used to power the game. These Land NFTs come in five tiers - the higher the rarity of a plot, the more resources it generates. Among the buyers were ILV holders who claimed most of the plots of land through a Dutch auction format. With this type of auction, the price per unit decreases over time as more people buy them. This allowed buyers to wait for a more desirable price range before they placed their order.

The premise of Illuvium is that players battle Illuvials, who are inhabitants of the metaverse. Once the players have nursed them back to life, the Illuvials become faithful and help players in their quest. Upon completing the quest, players gain access to rare items which they can trade on the IlluviDex. IlluviDex is the official Illuvium Marketplace where players can browse, favorite, and buy Land NFTs. 

Co-founded by Kieran Warwick, Aaron Warwick, and Grant Warwick (or “The Warwicks”), Illuvium is designed to create an immersive AAA gaming metaverse on the Ethereum blockchain that would be worthy of gamers.

Since Illuvium has a total of 100,000 plots, more sales will be held in the future. This is great news for those who missed out on the first sale, as there is still plenty of opportunity to get your hands on some prime real estate in Illuvium. Be sure to check back frequently for updates on when the next virtual land sale will take place.

19,969 virtual plots sold out in 72 hours as gamers flock to Illuvium

Illuvium Sold $72M Worth of Virtual Lands

19,969 virtual plots sold out in 72 hours as gamers flock to Illuvium

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