Illuvium has cut team wages again as the crypto gaming project tries to preserve cash and extend its operating runway. Co-founder Kieran Warwick said Friday that the studio now has more than 12 months of runway remaining. Based on Warwick’s own calculation, the latest reduction pushes Illuvium past August 2027. The move comes at a time when crypto gaming studios are shutting down, putting cost control at the center of survival efforts across the sector. TheDefiant’s summary did not provide more detail on the size of the wage cut, how broadly it applies across the team, or what other steps the studio may be taking alongside payroll reductions. What is clear from the available information is that Illuvium has chosen to lower compensation again rather than leave its existing burn rate unchanged. Warwick framed the decision around runway preservation, with the team agreeing to absorb lower wages to keep the studio operating longer.
Illuvium’s team has agreed to another wage reduction as the crypto gaming studio looks to preserve runway.
Co-founder Kieran Warwick said Friday that the studio now has more than 12 months of runway left. On Warwick’s own numbers, the latest pay cut extends Illuvium past August 2027.
The move comes as crypto gaming studios are closing. Based on the summary published by TheDefiant, Illuvium is cutting compensation again to keep more operating time on hand.
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