they raised money from VC ect
Initial raise was 5 mil for illuvium
Ok and what is the capital burn rate of the project, until what date can development continue before they have run out of funds?
Feel free to email support@illuvium and see if they'll give you that information good luck mate
I doubt they’d disclose financial info like that. But if you know any other figures such as staffing numbers I can make a rough estimation. The small projects all burnt their money and are either dead projects or running on like 2-3 people developing who are usually also the founders lol. So I gotta question how long this project actually has when its costs will be immense. Also, how do they plan to make money from this project once it does launch? Because again, risk reward, why would they invest more capital into something that will not bring huge returns. Not saying any of this is the case, just my thought process. Would love to get some answers.
Yes please email support@illuvium.Io for perhaps a more comprehensive answer but yes I don't have those financial details for you buddy
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