The Dutch auction held on the Illuvium Layer-2 Scaling Solution allowed Illuvium to maintain a transaction fee of $20 for its NFT (nonfungible token) Land. This enabled the open-world blockchain game Illuvium to remain competitive in the market.

It costs to Mint the NFTsThis was just a fraction of what users spent to mint them in Yuga Labs’ Otherside sale. Illuvium reported that the total cost of minting nearly 20,000 parcels of Land was $350,000. This is without network problems.