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Alien Worlds Fundamental Analysis
Trilium (TLM) is a token that acts as the main resource in the metaverse of the NFT-based DeFi game Alien Worlds. Alien Worlds economy was launched in December 2020, and by the summer of 2021, the game had more than 2.5 million players. Its metaverse runs on Ethereum, WAX, and Binance Smart Chain, and Trilium is a cross-chain ERC-20 / BEP-20 / WAX token, which makes it a fairly unique feature in this space.
The game’s premise is simple — future humans, running from a pandemic on Earth, discover some habitable planets and must make a home for themselves while competing for a scarce resource called Trilium (TLM). All the in-game items — land, weapons, tools, and so on — are NFT cards, which makes the game resemble other card-based titles like Magic the Gathering. Players can either buy those NFTs using their TLM or mine them — again, using their TLM, this time for staking. Since Trilium is a universal resource in Alien Worlds, it can also be staked to mine more TLM. Other uses include governance — every planet in the game has its council, so, to vote for its members, as well as on other issues, players have to stake TLM. It’s also an in-game currency, used for various fees, such as the land commission.
Alien Worlds Live Price Chart
Trilium started trading at the beginning of April 2021, when Alien Worlds’ partnership with Binance Smart Chain went into effect. For the first few days, TLM’s price was very volatile, going from ~$2.38 to ~$6.89 and down to ~$0.51 within a week. For the second half of April, TLM was trading mostly in the range between $2.5 and $3.5. In early May, there was a surge in TLM’s price, which can be attributed to the growing public interest due to some new game mechanics and the developing relationship with Binance. Having reached ~$0.8, TLM’s price went back down again, as the market sentiment towards crypto projects changed. TLM has been trading below $0.1 (with rare exceptions) since the middle of June, but it seemingly gained some traction again in mid-July, reaching highs of $0.33.