Illuvium co-founder shares plans for new ‘interoperable blockchain gaming’ model

Kieran Warwick, co-founder of blockchain role-playing game Illuvium, has lifted the curtain on a gaming concept he says has never been done before — Interoperable Blockchain Gaming (IBG).

Speaking to Cointelegraph during Token2049 in Singapore, Warwick told Cointelegraph that Illuvium is currently building three games that will be underpinned by the same economy, governed by a single token (ILV), and linked by a blockchain — making it an accessible platform. Interoperable experience.

“We’re building something that’s never been done in mainstream and Web3 before.”

IBG, a term coined by Illuvium, is a series of interconnected blockchain games forming an interconnected gaming ecosystem that share NFTs, a common in-game currency, or both.

In addition to trying to break new ground in the industry, Warwick said that Illuvium is first and foremost a “fun game” built around the fun of the player, not the Play and Earn (P2E) and Non-Fungible Tokens (NFTs) some titles are in GameFi space tends to concentrate superior.

He hopes the shift in focus could be the key to attracting mainstream market players.

“In the types of games we’re playing, we’re probably bringing in about 500 million people who don’t even know they’re playing crypto games.”

The first game was a city builder, which Warwick said was a “combination of Simcity and Clash of Clans,” in which players could build and mine resources for use in the second game, “Overworld.”

Overworld focuses on exploring and capturing creatures called “Illuvials,” which Warwick likens to Pokemon, which can then be battled in a third game, which will be similar to online battle arena games like “Teamfight Tactics or DOTA.”

Warwick said they probably won’t stop at three games, adding that at some point they hope to “build six more games on top”.

“Imagine taking one of these assets and going to the racetrack to play Mario Kart, but you’re not buying a new Nintendo game, it’s just an asset that can be used throughout the game world.”

At this stage, Illuvium still doesn’t have an official release date, but Warwick hopes to have a working beta in the next two or three months, with a release planned for mobile, PC, and Mac.

“I estimate that sometime early next year, we’ll have a public beta with benefits and all the aspects we need, but it’s not fully finished yet.”

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Illuvium is governed by the Illuvium DAO, a decentralized autonomous organization. Warwick said they originally intended to raise $350 million during the bull market, but the ongoing crypto winter has reduced them to between $100 and $20 million.

Warwick also revealed he was once again on the Australian Financial Review’s Young Rich List this year – but market conditions meant his $1 billion fortune last year was a distant memory.

That’s not a problem, Warwick jokingly points out, as his main motivation is simply to be richer than his brother, Synthetix founder Kain Warwick, who is also on the Australian Financial Review’s Young Rich List in 2022.