Ethereum gaming franchise Illuvium has undergone a company restructuring, resulting in layoffs along with some core contributors opting to take pay cuts or receive their wages in the gaming IP’s own token.
The downsizing comes after Illuvium released a trio of interconnected games last year—Overworld, Arena, and Zero—that covered varying genres. Despite its ambitious vision, the community’s reaction wasn’t overwhelmingly positive following years of development.
In December, co-founder Kieran Warwick admitted that “concerns” about the franchise’s gameplay were valid and that things had to change. Part of this included that Illuvium had “significantly” reduced its costs via capping wages at $85,000, among other adjustments.
But this week, Warwick said that more substantial cuts had to be made.
“We made the difficult decision to restructure our core contribut…