GamesTX

GamesTX

Share this post

GamesTX
GamesTX
Illuvium raises another $12 million
Copy link
Facebook
Email
Notes
More

Illuvium raises another $12 million

But is capital the thing it needs?

Jon Jordan's avatar
Jon Jordan
Mar 27, 2024
∙ Paid

Share this post

GamesTX
GamesTX
Illuvium raises another $12 million
Copy link
Facebook
Email
Notes
More
Share

Similar to Star Atlas, I pigeonhole Illuvium as one of the blockchain games that raised a ton of capital in 2021 and 2022, from VCs and asset sales to crypto retail, but which has demonstrated that inexperience in managing game development is more critical than how much money you have.

Most obviously, what started out as a fairly simple autochess title …

Keep reading with a 7-day free trial

Subscribe to GamesTX to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Jon Jordan
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture

Share

Copy link
Facebook
Email
Notes
More