Friday, September 16, 2022
HomeAltcoinCoinbase Provides Native Token of Ethereum-Based mostly NFT Gaming Venture to Its...

Coinbase Provides Native Token of Ethereum-Based mostly NFT Gaming Venture to Its Itemizing Roadmap

Prime US crypto trade Coinbase is together with one other token to its itemizing roadmap, including Illuvium (ILV) to its roadmap.

On Thursday, Coinbase added ILV, the utility and governance token of Illuvium, an open-world fantasy battle sport constructed on the Ethereum (ETH) blockchain.

Illuvium is an element walkthrough journey and half participant versus participant battle, and ILV is used to reward gamers for achievements.

ILV holders have entry to the Illuvium Vault and voting rights in-game governance inside the Illuvium decentralized autonomous group (DAO).

ILV is buying and selling at $65.74 at time of writing. The 310th-ranked crypto asset by market cap is down practically 9% up to now 24 hours and greater than 12% up to now seven days. The governance token additionally stays down greater than 96% from its all-time excessive of $1,911.26, which it hit final November.

Coinbase created the roadmap this 12 months to extend transparency and scale back the opportunity of frontrunning their itemizing bulletins.

Earlier this month, Coinbase CEO Brian Armstrong mentioned the trade goals to checklist as many crypto property as potential, as lengthy they meet the corporate’s requirements.

“It’s sort of like Amazon or one thing like that the place a product may need three stars or it may need 5 stars, but when it begins to get one star persistently, it’s in all probability fraudulent or faulty or one thing and possibly Amazon will take away it. In any other case, you wish to let the market determine what this stuff are…”

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