Illuvium says six months of cuts bought it another year as MMO becomes its main remaining bet

- Illuvium's Kieran Warwick says six months of wage cuts bought the studio another year of runway — but won't disclose the current burn rate. That's like telling your Chrome Syndicate handler you're "good for it" while refusing to open the ledger. The team is now almost entirely focused on an MMO that's been scope-slashed to a December 2026 launch, reusing existing assets like a threadbare hull patched with duct tape and hope. Meanwhile, social media inflated a $132 million raise figure by conflating actual funding with NFT land-sale proceeds — because why let accounting categories ruin a good moonboy narrative? ILV is down 67.55% year-over-year, governance minutes are under NDA, and the last published burn figure was December 2024. Aggressive passive income indeed. The studio may survive long enough to ship something, but transparency is clearly on a need-to-not-know basis. Where's my cut?