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Coinbase Adds Native Token of Ethereum-Based NFT Gaming Project to Its Listing Roadmap

Top 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 recreation 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 throughout 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 improve transparency and cut back the likelihood of frontrunning their itemizing bulletins.

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

“It’s kind of like Amazon or something like that where a product might have three stars or it might have five stars, but if it starts to get one star consistently, it’s probably fraudulent or defective or something and maybe Amazon will remove it. Otherwise, you want to let the market decide what these things are…”

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Disclaimer: Opinions expressed at The Daily Hodl should not funding recommendation. Investors ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any loses chances are you’ll incur are your duty. The Daily Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Daily Hodl an funding advisor. Please notice that The Daily Hodl participates in affiliate internet marketing.

Featured Image: Shutterstock/viagraphix.web/Sensvector

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