Alien Worlds has sold $2 million of its in-game utility token Trilium through a private investment sale. According to CoinTelegraph Animoca Brands and Longling Capital, the company behind the Meitu social app, are among the investors. The price of the TLM token is current 0.021 WAXP, which equals approximately $0.005 per TLM, and it’s up 28% on the day.
Companies buying TLM, means that they make a big investment into the project. As a result Alien Worlds gets the funds to keep developing their game. In the coming weeks there will be elections inside Alien Worlds. In addition the team is working on a competitive battle mode.
So far Alien Worlds has been a very positive story. The game launched with overwhelming success in December and is seeing consistent usage and growth. They’ve had a land sale, and some partnerships. Therefore this new investment will push the team further, enabling them to develop and release more features.
Alien Worlds is also a sponsor at the Play to Earn Game Festival. Make sure you visit the event!
Player activity and TLM value
In terms of player activity Alien Worlds is doing really well. In terms of daily active wallets Alien Worlds is battling with Upland for the crown. According to DappRadar Alien Worlds is 13 thousand active wallets per day, even though one player could very well have multiple wallets.
However, their TLM token has been taken a plunge since early February. The value dropped about 60 percent since early February, only to bounce up days ago on a 0.015 WAXP price point. That being said, trading on Alcor Exchange happens using the native token for the WAX blockchain. That native WAXP token is up 164% in the past 30 days, now valued over $0.23.
What is Alien Worlds?
Alien Worlds is an exploration and mining game in which players can own land, use tools and weapons, customize their avatars, own rare artifacts and have minions to use in battles.
Players in this game world earn Trilium (TLM). This is a cryptocurrency token that bridges the Wax and Ethereum blockchain, allowing the economies of both chains to merge into one. Players earn TLM through mining, and can spend the tokens on betters tools and weapons. Soon landowners can also airdrop their own custom NFTs to players.
Ultimately Alien Worlds needs to become a 3D game where avatars roam planets using tools to mine Trilium. Through terraforming, players should even be able to create events and parties on their own lands. There’s also a PVP element to the game, titled the Thunderdome.
If you’re interested in giving Alien Worlds a try? Check out our play-to-earn guide that explains what to expect from Alien Worlds.
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