As I understand, the point is to keep price of ILV stable i.e. the flappy bird flies between a range. Every time the bird comes down the bottom pole goes higher up or the higher pole comes down. I assume the poles are $value of of tokens? Lets say we start with 2:98, ETH sky rockets vs $. Now we have 0.5:99.5. After 7 days they "team" will buy ilv and sell eth to get it back to 40:60 and vice-versa. Is this correct? Therefore we have a adjustbale floor until it goes to uniswap then it is free float.
#๐ฌใgeneral
1 messages ยท Page 939 of 1
Nice
Thatโs not really accurate.
Hmm yea I think the flappy bird analogy is causing a bit more confusion. The main point of the pool is to prevent bots buying up the token and inflating the price (front running). Every time the bird comes down, it's because of the mechanism of the pool itself putting a downward pressure on the price/bird as no-one is buying.
Are we preventing price going too high, or price going too low. Both right? if price goes too high, then the way to bring it down is by releasing/selling more ILV or providing/buying more ETH. And vice versa.The 7 day rebalancing will just do that right? Get things to that ratio of 40:60. If yes then how?
Reason: Posted an invite
Again, not accurate. The way the price goes down is by a linear adjustment of the weight of the pools that happens automatically.
Think of it this way. There is a bucket with a hole.
Water slowly drains out.
But people put more water in.
Thatโs the balance. Except people donโt put water in, they just buy which increase the price of ILV.
Even if people do buy, there is always downwards pressure.
But maybe the upwards pressure is more than the downwards. Who knows?
@umbral vine bookmark this ^^ this will be asked a lot closer to the sale ^^
"But in our case simply staking the token is enough to take part in 100% of the distributions. As such it might be very difficult to buy $ILV on the open market simply because the stakers would need a high incentive to sell."
From the AMA love this. Great quote guys.
Way ahead of you brother ๐
I don't think I've been outside in like 3 days so going to enjoy some nice weather this afternoon. Catch you all later, have a lovely Saturday! ๐ค
Good man creez. Doing some outside chores myself. It's a lovely day in Ireland. Enjoy your walk.
oh look at you, going outside and shit. Stop showing off Creez!
It's all I have dude!!
Sorry still not clear. Can we maybe talk in numbers? Initial weight is 2:98. Lets so total pool is worth $100. Then this means $2 worth if ETH:$98 worth of ILV. Lets say no one buys what happens after 7 days?
Cheers dude. Enjoy your chores!
Wait are your 'chores' playing with horses again?
If so I hate you as well!
Then the price of ILV will just keep going down linearly.
Even without no trades? Why? If this is the only price discovery then it should be fixed to $2 worth eth = %98 worth of ilv?
Even with no trades. That's the point. The price of ILV has to adjust otherwise the final weights won't be accurate.
Following this closely to understand too ๐
Is that discord name based on TFT by any chance?
Nope, it is a nickname combined with king Kong ๐
Friends called me Bonkie I made BonkieKong out of it for discord
There's a build from the current set (although I think it doesn't work well anymore) with Wukong
It was pretty funny.
Wukong,.. must be Chinese or Japanese then?
Chinese
Im also shocked that name is nothing to do with TFT lol
Aaron you play TFT? I played for a short bit when it first launched always wanted to do the giant mechasuit Garen build. I forget the name
Ah, I found it. Also wukong on fortnite
Aaron used to play TFT 11 hours a day according to Kieran ๐
Ohhhh right I did read that
Sorry guys, this is gonna be my first tft that I will actually play
For some reason when I read that when it was posted I thought they were talking about TF2
I watched a lot of the competition games though
Idk I'm dumb lol
haha thats what most people think when I tell them i play TFT as well
lots of puzzled looks and responses
Ok I dont understand - i think i will give up for now and come back later to this. Thanks for taking time.
Maybe look for some tutorials on internet about balancer pools and how they work...
Hey, is this because you will carry on adding more tokens to the pool? Only two things can change price either more supply or more demand. If no buy trades that means no demand then maybe you guys are dropping in tokens of iLV to increase supply. Thats why ILV keeps going down?
monkey King
Monkey king indeed
I like Monkey king
on the topic of WuKong, whose hyped for Black Myth?
mech Pilot
Kieran says a lot of things.
Still haven't heard a denial of this claim ๐
Morning sers and ma'ams
You can look up how Balancer Liquidity Bootstrap Pools work, but I don't know how much simpler it can be. The weights adjust over time. If nobody buys, those weights adjusting means the price of the coin has to go down.
No. The tokens are all there at the start. There IS a thing that can change price. We can adjust the price. That's all that happens. It isn't a supply and demand issue at all. I think that is where you are getting confused.
This is clearly what I was referring to.
That I played 11 hours a day on average? My league account shows an average of 25 mins a day over the last 10 years. I think there was a time when it was closer to 1.5 hours a day when I got to Diamond.
To get Master on TFT though took a very short amount of time. People are so bad at that game.
Can confirm, I'm ๐ฉ at the game
๐
So simply put,.... you have a basket filled with ILV, per ILV you want a certain amount of Eth,..... if nobody wants it for that price you adjust the amount of Eth per ILV downwards until the buyers come in. When they come in massively you adjust the price per ILV upwards again until you reach the equilibrium... @plain delta
Hi
Hello
Again, that's not quite right. There is no "if" about the adjustment of the price.
there is just a weight. And it changes over time
When people buy, there is less ILV in the pool. But the weight is the same
so the price of ILV goes up
And over time the weight changes, linearly. There's no 'ifs'. It just does that. No matter what.
The only thing that is variable is how much ILV is left.
Balancer pool offerings are a lot of fun bc it involves game theory. You can buy immediately and pay the initial price but guarantee the tokens you want. Or wait and let the price go down. Best advice I got when I participated in my first one was don't buy immediately as it goes live and so far that advice has been good
So the price is set to adjust downwards anyway by the pools mechanism. The only way it will go up is when there is much buy pressure, when that pressure drops because buyers think the price is to high, then the price automatically goes down until buyers get interested again...
ICU ๐
Yes, and what tends to happen is people are excited and immediately buy it the moment the pool goes live.
So it could be wise to wait a little and see how much ILV is left in the pool and monitor it price wise...
The only thing bad that can happen is that the buyers keep buying until there is nothing left and the price never went down....
And you end up with nothing
It all also depends on the start price..
Exactly, you got it man!
Well I feel like there is an abundant amount of supply in this one that waiting a little may benefit you.
I am curious how high they will set the bar...
Why do you say abundant supply? ๐
It's a million tokens that will be in the Balancer launch. I dont think a million tokens get bought out that fast. Say you have 5,000 investors that means each investor would have to buy 200 tokens and depending on the price it may not be that easy to do
That and with the Balancer launch you have the price listing at the high point (before demand has any impact on the price)
That's why these are fun bc y'all are starting to realize the game theory that's involved. That and it is one of the fairest ways to launch a token. With the other one in my opinion being a bonding curve
Thanks, I understand completely now!
It will be fun to watch
I think you're underestimating the hype surrounding this project. As you say, it's going to be interesting though..
Oh I'll definitely be ready to buy on launch if I need too which is why I'll be watching it the moment it launches but preferably I'd like to wait a bit
I think we all would. Whether we get to or not, that's a different question..
Guys, a little over my head - so first thing I want to clarify on is why is the pool mechanism such that the price has downward pressure? Is it because of the ratio 2:98. If yes then the floor of the price ratio is when 98 reaches 2?
You're asking questions about the specific mechanics of how the balancer launch pool works. I've tried to explain what I know, can't add more sorry ๐ฆ
Also I should be enjoying the sun ๐, see you guys later ๐ค
https://medium.com/balancer-protocol/building-liquidity-into-token-distribution-a49d4286e0d4
Here is a link to a Medium post that explains it
its fine man - my job is to ask. You can choose not to answer ๐
I only try to figure things out when it it is time to figure them out hehe
Thanks. This makes sense and as
i understand - because your reserve asset weight is lower that your token asset weight. Your token asset will eventually converge towards the reserve value. Given you release the token it at a higher price, it will go down for sure. But isnt the fair value in that case when the token asset becomes equal to reserve value? unless there is buying pressure?
Now in addition to this they are adjusting "weights" on a linear basis over the given time. Therefore your reserve asset is value is increasing with time and therefore your floor is adjusting higher with time. So a crash and then, slow upward adjustment to the floor..
Pray for gas to be in our favour that day ๐
I get what you are saying but I don't think with tokens you can ever call it a fair value like with stocks. With stocks I can build a model of cash flow to get to what I feel is a fair value. However, in crypto, the demand has so much of an impact. It's like Cree said earlier if this project is as hype as we think it is whose to say it doesn't all sell within the first few hours.
Let us hope for the best!
Imagine spending $500 in gas to buy $100 token ๐
๐ I'm not to present in the Discord but if I looked through the chat would I be able to find them myself?
Thanks for that information, I really appreciate it!
I ve slowly started loading my eth . Can't miss this opportunity.
Hola amigos
I'm lost
Hahahha
Ok I see the article
I'll read it later it's still to early in the am to learn haha
Just bullshitting around for now
Haha well done
Ami, mic drop
I more or less understand the concepts I dont need to know small details like how sha 256 works in the consensus of bitcoin
Ape in first second. Roger that. Wilco.
I wrote up a document that has maybe 1/4th of the factors. it's been posted in here
Furthermore you can derive variables from earlier AMA's.
And yes posts in here.
@blissful bay you want us to search for it? ๐
Go forth young bonkie kong, and dig!
@blissful bay you make me cry, you post to much ๐ญ๐ข
Here you go, now you got one laughing and one crying. Way to go!
๐
Shes got too have you seen all the questions
People have a hard time being autodidact
She has to teach and preach haha
Haha,
I am autodidact btw, but more in practice
So with my hands I can make whateverโs thereโs to be remade
Autodidact anticlimactic
Would you recommend waiting a couple of hours or a couple of days?
I recommend watching it from the moment it launches and seeing how the demand is during the first few minutes before making your decision.
At what rate would make you fomo in? ๐
Honestly, I hadn't thought it out that far. I for sure want some tokens so if I see there is a huge demand first few minutes I would probably at least buy 50% of the total then and wait with the other 50%. It also depends on gas though bc if gas is 400 Gwei then that may change.
That would be the worst if gwei is high during the launch.
Yeahโ Iโm relatively new to the crypto space and holy moly, Iโve only ever heard about gas prices being high... never โgoodโ or โlowโ but Iโm sure Iโll see it soon ha
Yeah what's gas
ETH taxes ๐
Jk watch YouTube
It's the best
Lot of in depth info
Gas cheap right now boys and girls
The market is dead except a few lucky coins
I refuse to pay high gas fees
We're in a no trade zone atm
Yea true
I was thinking about DCA in too for the IDO
I'll have to watch closely how fast tokens get bought..
I'm not messin around to much until these markets get stable
I might do 50% straight in the first minutes to make sure I get some
Then buy more if things slow down. And then buy more on uniswap if people sell.. But I truly don't think people will sell if they are in for the long run so I might just ape in with everything really early in the launch.
Exactly my point haha
I guess the best strategy will unfold in the first minutes of the IDO haha
1 Million token is not a lot.. depending on price it could be really fast if huge investors want to grab a good portion of it
Personal opinion : ILV only goes up lol. Even in the IDO
Other personal opinion : whatever price you get, you will be real good on the long run haha
I might do 80% if gas fees are reasonable.
Seems interesting that the pairing on balancer will be using ETH though, rather than a stable coin? ETH prices fluctuating a bit
I might just go crazy on gas and try to front run haha why not. @tired hazel ILV will be 90% of my portfolio. Why not after all?
Degens assemble!
As Ami said.. we will have a few wealthy communities on board when the IDO arrives sooo... ๐
@tired hazel is this your second incarnation sir?
Maybe?
You can also hope for a market ending correction to scoop some up months later. ๐
Same.. and they will all be locked up staking for 12 months sooo
Ohh right
How long is the lockup?
Listing price should not be less below 1000$ ๐
Ahh thatโs my next Medium. Iโm on #8 right now. So much material, I dig it!
That would put the fully diluted MC in top 10 at launch lol
Just realized... did I miss the AMA?! These different time zones Mann
(And Iโm still waking up lol)

That would be really helpful Ami ๐
@umbral vine is probably doing this already knowing him haha
I hate telegram AMAs
The telegram had like constant ama in the official chat
I would love to see that happen. If this happens. I am gonna buy a Rhamphy.
Autodidact anticlimactic
@sage falcon anticlimactic?
If the gameplay demo is good people will fomo.
That also. Will finish to convince unsure folks hahah
How to become a degen . Will you train me sensei @lofty knoll
#795845536128303175 Lurk in there and show yourself at some point. You will learn from the grand masters.
hello , will the game be released on mobile or computer
It's all for a jest u da best
Computer at launch. Mobile in the year after normally.
Ok, ๐ท
thanks for the info
Cheers bro or ma'am
This man is good with words. We had a first day misunderstanding hahah
The start price of the pool will make all the difference
Thatโs the main factor in the beginning
Hey you the kewlest I can barely remember what we were jabbering on about. I think I was just being salty for no reason
16/19 of the airdrop winners havnt typed anything since they won loll
@sage falcon Iโm here to drop my adress for the nft though
Like many of us are ๐
They seriously do.
Whut? For these great airdrops I thought they would write within a minute
It took me five minutes just to communicate my time zone
Yeah it was a joke
Yeah, might be...
I believe
I dont think he was serious when he posted that even though satire is hard to convey in text
Well, they could set a time limit on it.... people get 3 days to react or else there will be a lottery between active members that drop their adress in a pool...
Yeah others have done that
And they make a chance for it
I like ur thinkin lincoln
Hehe I would be okay with this ๐
Lol me too
I concur
Might be why I suggest it ๐๐คฃ
๐
The council could suggest it?..... @blissful bay @umbral vine
Haven't heard any undate or news on that, but I'll have an ask and see as I've seen a lot of interest in that subject here ๐
Haha, itโs ok my man, we all like to have one of those nft art holoโs.
Yes fully agree, but make it 2 days. I canโt wait for another chance haha
Will have the AMA out soon!
Just an update guys. Just getting back to my desktop now. Will have the AMA in a Dropbox folder ready to go within the hour for anyone who missed it!
Evening all
Thanks @umbral vine Appreciate you!!
Well @umbral vine my rank is like sixteenth now, I've been blowing up this discord lol. Wait til I drop more prose in the fanart.
Where you at in texas man? Used to live just outside little rock myself!
I'm trying to be in the top ten by next week haha
Jesus man climbed those ranks real fast ๐ฎ
Hell yeah I'm climb quick homies
@umbral vine Iโm in South Austin at the momentโ in search of a house though so that could change in the near future!
๐
Im in Dubai, its 20:26 here now
Hi @candid smelt, it looks like you don't have a timezone set yet.
Please type -ft map to find your time zone, then -ft set <zone> to set yourself to that zone!
@blissful bay that's funny
Your quick this morning
Must have got some rest because normally fast ur like lightning right now. Yeah bill be taking a midday nap haha.
Raining and cold where I am
You can come back already and pay no tax, so you will get the crypto lambo faster
Hahah good then
Nice day guys !
Hi Ami. Any information about distributing the Rhamphy holo? I'm still waiting ๐
Only if you sell to me!
๐
Lol
Lmao I'm on the mountain dew
I'll wait to see that offer on the market
Yep. I got it. Thank Ami
That would be super dope hehe I'd settle for becoming a fide master this year and getting in on the beta @blissful bay
I want these dragons to have different color fire
Burned hair and skin, because if you smell the flame itโs to late for you
Ooo yellow flames, I think blue
Yeah I'm liking that
What do you guys will be the starting price in Eth per ILV will be for the pool??? Has that been discussed already?
What do you think is a fair price now?
And in the future?
Gotta have some easter eggs and hidden abilities and different combos that produce hidden gems and shit.
Hasn't been released, all is speculating atm
Really make the fire thing happen pretty pahleass @blissful bay
Thatโs why I ask what do you think....
Selling my body for 10 min
250, so thatโs 0,2 Eth?
Thank u ma'am
Great place to be sir! Love Austin, hope the hunt works out though!
The number I seen thrown around a lot is sort of 10-20$ Range. But seriously, no one knows with balancer.
What do we think it is worth at this stage...
Also I think SUCH a telling moment from this AMA today was this....and is such a great point to think about
"But in our case simply staking the token is enough to take part in 100% of the distributions. As such it might be very difficult to buy $ILV on the open market simply because the stakers would need a high incentive to sell.
To buy you have to wait for our upcoming Balancer Liquidity Bootstrap Pool which should take place towards the end of March. We chose Balancer because it is currently the fairest way to distribute tokens."
So get it while you can!!!
Also, AMA folder almost done.
There's a couple other great parts in here. Ya'll gotta check out 9-10 in the folder in a second
"Once they reach a threshold they will be strong enough to fuse into a higher stage. But this usually requires 3 of the same Illuvial." USUALLY?!?
Son of a bitch, that changes a lot of things
Ikr hahaha
Son of a bitch, that changes a lot of things
@umbral vine wtf, there are ways around having three of a kind?
"There is one other way that we are developing which is called Enhancements." And now we have enhancements to think about as well. ๐คฆ Guess I better get to writing new UTO articles right after this folder ๐
I guess. Or so it seems. Hmmm that's interesting. I think maybe Thylasquizz may be a real thing after all....
https://www.youtube.com/watch?v=O1rroMCAsUo&t
Welcome to Under the Obelisk's first Deep Dive!
This is a series where we'll take a closer look at different aspects in the world of Illuvium and try to unpack them. Today's video is on Affinities!
Illuvials can have one of five different basic affinities they can be associated with: earth, air, fire, water, and nature.
However, when they e...
The number I seen thrown around a lot is sort of 10-20$ Range. But seriously, no one knows with balancer.
@umbral vine but the main thing will be what the brothers start at....
Thatโs difficult to predict.
My guess is they will start really high.
Here is your spam poem for the day for your enjoyment or annoyance.
Illuvium air quite debonair, sweet as Peruvian snow, get some sun and donโt let your skin glow, warning warning kids this game is addictive, drugs are bad and thereโs no trust to be had. I get geeked for character leaks. Ruminating on abilities may be silly to you, but that knowledge is inherit truth, to gauge if you lose, so pay attention to eliminate a bad news surprise, donโt blink an eye when fire reigns from the sky. Blockchain Vincent Van Goghโs the developers would cut off an ear to make sure their project survives. The governance seems lovely I do decree, the more that join the decentralization moves on. The airdrops will come so newcomers do not be swayed if you are a day late, stick around one will come your way. I think you'll like what you find, I know I was surprised at some of the knowledge of discord, with them youโll never get more world. Along time ago when I was a teenager I said that about 90 percent of the world were Posers and buffoons, somehow that other q0 percent is featured in the Illuvium show room. Iโll be looming, Iโll be watching, picking up bits here and there, other players beware I have a nasty poker stare, staying even for days before I call out the bluffs. Illuvium entourage sabotage arbitrage in camouflage carp Lange to drop knowledge and strategy. Just remember everyone all you have to do to be more clever than the next person is to think one move ahead and so on. Just some shit I used to say when I took kids lunch money back in the day. Illuvium Player 1 activate, the battle of the extinct has just begun, what is dead can never be undone. Watch your eyes, Rhamphrye shoots fire from the skies, no shielding your eyes. The reds the blues the golden hues to amuse. A game of strategy watch out for the for the sleeping characterโs rouse. I do deduce a fuse with a purple flame, BOOM, this game is lit, hold onto yourโฆโฆโฆโฆ
This is pure art and gold
Congrats
Took me five minutes to write but thank you
Talented
Love the game and will write more poetry inspired by the game
Yes you all flatter me thank you
Sorry for the typos its stream of consciousness though you know so I'm like fuxk it.
Usually how I write as well, although I find that easier on paper for me than on a screen. Good work though man. Another banger logged and recorded โ
Also!
There you go everyone!
I say 50$ per coin based on what we know.
@umbral vine I bet you can write bro with all that lit literature knowledge in yo head.
That should be helpful
I dabble, but claim nothing ๐
My shits all underground haha
That's because your rich emperor. Let a poor peasant get some for a buck
Not the best comparison but Genshin Impact makes about 6 mill per day.
question.. is there any dashboard or charts to monitor the ILV price and quantity when i comes live on march?
Actually it's more than that
Presales for members at cheaper rate than public
so this includes the quantity of coins reamianing or sold.. coz there only 1m for IDO right?
this would be very helpful for us to monitor the price and quantity to be able to buy on desired price
so lucky for you. congrats
thank you
What up you crazy goonies
Relaxed weekend. Going outside for a bit haha
Go throw the doggo a ball man. Enjoy the Sun. Do some hot yoga for me lol...
What's up Yung? How you been brother?
you ready for that topshot preorder in 20 mins?
Passing on that one. ๐
Bro, it's 9$, what's your reason?
out of curiousity
No I can't get in on topshots but I will
I just gotta keep plugging away ami convinced me to not be discouraged
I'm not super into it either, it's just I'll drop 9$ if I can flip it real quick for more ya know.
Although I get why people are, and am not hating, I just have to many projects going on right now to invest time into that is all
Yeet it and delete it
No scarcity. Unlimited
Saying they were updating their rules
Plus I'm an nba fan and some of the moments suck and are way over values
I might try to on the move but it's my gf birthday and she wants to go outside NOW
hahaha
Oh I think it has major problems as well and is in a bubble, among a ton of other things. Anyways let's take it to degen shall we? And Rah go outside brother ๐
yeah gooooo
Suuurr
I think i missed it already lol. I was focused on making some art... TS is crazy dude. We need you to influence the council of ts since you are now on ILV
Yeah @inner topaz if youโre wondering who would do use basic shard on Rhamp...itโs gonna be me
Probably a much better use of your time anyways, what you got going? . Man I would take a crack at it, but like I said earlier not enough hours in the day good sir. Already got to many spinning plates โ
In Pokรฉmon yellow I didnโt know what ultra ball meant so I strictly used normal ones
And when you think what lucky guy got it on this way tjen you can ask me :) haha
Haha that sounds painful. I remember I used like 100+ balls once and still couldn't get the catch without ultra or master. Forgot which it was tho
What disturbed me at pokemon is when you killed the pokemon then you cant catch it haha :) i wished all time that i can catch it then, and heal it after catch :)
Is there a on going NFT airdrop?
Its the guy who did it! Noiceeee ๐ congrats
No
Not right now
thanks guys
Only airdrop happening is me trying to buy a Rham!
HM for 1?
HM?
how much lol
sorry
I see the best bid is 0.4 eth
wondering if somebody already sold theirs
No one has sold one as they haven't been distributed yet
one of the NFTs from a previous drop went for 5 ETH
oh wow
What drop is this?
That's true, but it was the first ever distributed and only 10 created
Ether needs to rebound already smh
I literally couldn't agree more Dip
yes i mean that
Dot n ada are goin up meanwhile.. we need them layer 2s to hit
Squizz sold like 1-2 days ago. No where close to ATH
Just stick with me brody, Im becoming legendary with TS and want to spread that love to the OGs here...
If you ever need an assistant on ILV just lmk dude in PM
stache gang
you need to join the degens, we nerding out on TS everyday.. keeping each other in the loop on changes and updates! missing out my dude
P,s, checked out your steams, love the personality and show!
Any know if more than like 3 people came to collect the Rham?
I only know like 2 people who have claimed it, maybe 3
Oh woah, really? Didn't realize that haha. I think I just arrived after that all happened! What timing... lol
Haha a lot of people missed out on the first one too. Don't worry I'm sure there will be more!
Is there already a decision made regarding a possible deadline for claiming an nft?
would be good suggestion for the next airdrop as well, put a deadline that it needs to be claimed. Deadline over then it will be put up for another raffle again
Nope, first one went through everyone's ETH address, this one went with Tele names so cannot just send them randomly
It would be cool to have happen or something similar
Yes indeed, but for now lets wait
Can I stake yet?>
No ๐ Staking is coming after the IDO in March.
surely you didn't already go outside man ๐
thank you sir!
they said 24hrs, but now its March for staking?
@umbral vine Sorry to ask again but do you think the airdrop winners will get the Rham tomorrow?
i will try to find it, its cool regardless though, March what though> whats the date'
Haha no worries brother, but fingers crossed yes, but can't give a definite answer on that as I don't know myself ๐
We'll keep ya posted though. I know it's exciting ๐
It's more than exciting! Im already thinking about what im going to do with him!
Trust me there's about 10000 other people who wish they could be feeling those butterflies you are haha ๐
Including me ๐
#jealouse
Didn't they already call the winners of these?
Show him off or sell him?
Man am i confused now..
Yes, but haven't distributed
guys when NFT drop?!
Ohhhh i gotcha..
One just finished, next one hasn't been scheduled yet
Ill see how much people are selling it for first ๐ค
put notification on your wallet
And if no one sells?
I will put it up for sale ๐
.....Okay
lol how
Hahaha I'd keep them all forever lol
I dont know prices yet but i got an offer for 5 ETH already
Or at least until next year when it's worth 50 ETH
So imagine what it will be later
I know! Its startling me too
so if you don't need that money right away, i would suggest to keep it
I might keep it unless i get a really good offer to be honest
Or you could put it up for sale on opensea and set like a 5% royalty rate on it. So if it does sell for more later you get a nice little cut.
Oh wow i didnt know i could do that
yes i was just typing this
That's if you did want to sell and needed the liquidity. If not I'd hold for a while. Personally, but I'm no financial expert.
Fucking virtual high five
But no other Rhamphy will be created right? just these 19?
All the advise here is no financial advice
Ehhh I wouldn't count on that
but for example when you look at bitcoin it was 1 dollar years ago
But this is the FIRST babbyyyy
the Genesis Rhamph
I mean, this is the Micky Mantle rookie card of Illuvium right here
then you would get an offer for 100 dollar and it was a lot at that time, now its 50k
Well only those 19 promotional ones yes. There will be other playable Rhamp in the game tho
Not the same thing
Yes this is great clarification actually. Thank you Rah
Ohh alright thanks
how many promotional handed out now officially ?
2, but Kieran has said there could be as many as.... 15 was it?
29 total, 19 Rham, 10 Squizz
Or until they run out of Illuvials to make them of ๐
2 times
thanks for the answers black and jeremy
Ain't no thing like a chicken wing
... That's what people say in Arkansas.... Not me
hahaha
Anyways, I gotta work on UTO guys, I'll be here, but ya know, in another sceen, give a shout if you need anything!
Got a couple new areas on the website rolling out in the next week, so gotta grind.
And did someone say.... UTOs first line of NFTs launching week... The "Antiquities"
๐คซ
good luck
I read that, you'll have to keep me in the loop
News coming very soon good sir..... "Coming soon" Might also be the logo of UTO as well as ILV ๐
Soon โข๏ธ
Nooo... they did the same thing with the MOBA, Paragon. Frickin loved that game... so many great things were coming "soon" but then when Fortnite took off, the developers dropped Paragon. "Soon" is almost like a trigger now lol
Alright I'm out! Ya'll are way to distracting ๐ 
@ me if you need anything for the next little minute
Don't worry soon here is soon for real hahah
I remember that game, kinda like smite with some crazy fps vibes
YES-- and beautiful art/graphics! Tried to hop on Smite after Paragon was shut down and... just wasn't the same
Yeah thought it was gonna take off too :(
XD how was second dose? I just got my first
Or was it the single
I just got 1st as well lol
Nah the single sucks man heard itโs like 85%
100% or zero
yeah I heard as much but with new strains who knows. Just don't wanna get sick lmao
i just getting out of quarantaine of having corona
actually my gf got it and we were in quarantaine
so not sure if i got it or not
but i did not feel or noticed anything
my gf had 2 days some head ache and very low fever
rest of 12 days nothing there
Not being able to go out and do regular things, I really wish this game was available
yes that would be amazing
we just need to wait a bit more
the better it will be when we finally can start to play the game
going to sleep, night all
word man. Word
Just for your information with try to move that subject to #799010390201466880 because it can be a really heated discussion sometimes haha you spoke respectfuly tho
Night man, awesome chatting with you tonight in game ideas!
more conversations coming
I'd hope so sir! Get some good sleep and catch ya soon!
Good day guys! Keep safe!
Hello everyone! I made it! Iโm here!
Holly crap man!? Where you been?
I missed the airdrops! But Iโm grateful to be here:)
lol you mean Moz4rt?
@sithlord I'll be watching out for you in the game........heeheheehehahahahahaha
ill be the guy walking around with the holo Rhamphyre
I already know brother
I'll be in the cut waiting for you to fuxk up
such a great game it did get picked up by another dev its called FAULT now
Hahha

Morning all
hahah
Weekends
if you guys wanna listen to some serious snipers in top shot come thru https://www.theta.tv/yungcontent
THETA.tv: Watch LIVE Streams, Earn TFuel, and support Streamers
Theta.tv is the next generation Esports entertainment platform.
Start filling in https://www.theta.tv/yungcontent
Theta.tv is the next generation Esports entertainment platform.
Weekend is over today the week starts already
we work from sunday till thursday here ^^
Whaaaaaaaat up
All good, getting ready to go to the office
how about you underground
@atomic seal NBA topshots suck bro
Theta I'm down with tho
Topshots is just a tease
@candid smelt I'm good got some rest lazy weekend
Always nice to have some relaxation
Suit yes, but tie no
but actually we don't need to wear
but im head of department and i actually like to wear suits haha
That's dope, I try not to have to change out of my pajamas hahah
that is the best
Well have a good work day
wait that's the name legit?
Gonna sounds dumb and I could probably just look it up but whatโs theta
@finite hawk it is a decentralization platform for streaming. The guys that founded youtube and twitch are leading the project
It will provide ability to upload HD content and a few other things. As always due your own research.
And keep your private keys private
Yup just lookin at it...looks like a pretty sweet platform
But how come you donโt like topshots?
Ah gotcha, to each their own
It seems to be pretty profitable so far
I don't get how theta is going to change the game that much from youtube and twitch
Probably with payout structure
I get that youtube and such, more money is going towards the platform than the creator. But the solution is to have a theta fuel, and you have to buy bandwidth. And then people pay you theta fuel to watch your video segments
Not sure that structure works as most people don't pay to watch a youtube clip
Can you explain to me how far (beside from just collecting) topshot is more than just gambling?
I buy packs and can sell/buy cards on the market place.
No game, no way of โplay to earnโ.
Or am I missing something?
TBh not really into the digital card thing but it makes money
But illuvium....this Iโm definitely interested in
Topshots is a victim of their own success
Canโt wait for this to get started
๐ฏ I donโt disagree
Frozen screen
That's what happened to me today so I'm salty haha
Theta I dont own any I was just trying to find common ground with that other guy
I would trade my high end topshots for a squizz....
If thereโs any takers out there! ๐
I think it's an interesting project because who is behind it mostly
Even though there are problems with topshot beta, I do think it is going to help all blockchain and NFT's. It is proving the concept of NFT's on a larger scale than anyone else has done before
Thanks!
Is it a moment of steve Kerr reading a clipboard that one probably goes for 10k
Lmap
I'm not far off tho
The values are inflated
I think that is why you are seeing so many of these NFT games getting huge sponsorships
I'm an expert in all things NBA
The last 3-4 months topshots has proven that NFT's work and they are worth investing in
Yeah be careful with them that's all I am saying
I don't disagree that values are over inflated, but again I think it will help the overall blockchain and NFT community
Have you looked at some of the no name players and their prices
Come on man
I have screenshots
I am agreeing with you
I'm saying I think its a good thing for other companies such as illuvium
Just disappointed in the community
where someone else has proven the concept is working and therefore more money will get behind other creative ideas
Oh yeah foe sure I agree with u there
And it is good for NFTs
Exposure
The NBA is the kewlest yo
I still have fantasies about making inti the league lmao
of course, the only thing what i have in mind is that most of the people go for easy
something like illuvium is not a risk but not that easy
people are sheep
they will max follow when they find out illuvium is amazing
I think there is risk with all of these NFT or blockchain
It's a huge venture which takes millions and millions of dollars to get off the ground. And if investors don't come, it'd be hard to actually get this game going
Well NFT's can be burned
Yeah so there's always that
which basically means destroyed. You can sell them to other collectors for value, which will be eth
Roger that
Illuvium just has a great concept so far. Or at least in my opinion. Having to fuse characters in order to evolve, will keep numbers lower and more rare.
If you use evaluate.market you can make a killing investing in and outa these cards. I get why people are sour, not getting packs and all the issues ANYthing has in its infancy.. but its a huge opportunity if you have the patience and the knowledge on ball to get more deeply involved! Tune into @sinful edge for in-depth info on the markets with TSsnipers
Is liquidity still being accepted at this point?
@honest barn it's cool. Lots of opportunities out there and by all means you know. I've got several, but I dont do things for the money if that's what you mean by opportunity
I could care less about the money part of it
With anything in the crypto world people get geeked up so I get the excitement man I truly do
beta testing you want in?
Yushh
same here, fingers crossed
But also you need to max out each and every illuvian before you can fuse
so it is not catching 3 illucians and then fuse
you need to max all 3 of them before fusing them
Still you want to keep the overall numbers as low as possible. If you have unlimited of each, then they won't be rare and therefore less special
or use of an item
absolutely
it should be not easy to get and make them
or else there will be hundreds on the market
I agree, you want there to be a market but over populated
I just think its a great idea, as if you didn't fuse (burn) them you would see them going on the market and eventually diluted themselves
But by fusing (burning) them you can keep them rarer
Some Illuvials will be more common than others, probably pretty obvious, but also know that once a new set comes out, the old ones will be phased out. So everything even at common rarity is still time-gated.
Clear, thanks Orion
np! I'm pretty excited to learn the drop rates and all that stuff too XD they've said they have a dedicated economist so I have hight hopes for a healthy market
It is very important indeed, and i am having high hopes as well.
As healthy as the world economy ๐
morning all
Goodday to community!!
๐
โ
morning!
Goodmorning!!
Morning!
Good morning all...
Whatโs the rank for? And how do you go level Up?
Morning All
For being active in the group
show off, and you rank up by being active
Morning Ami
Good morning all!
I live in a small world today because it is foggy outside!
I hope I donโt get lost on the illuvium planet...
Letโs hope for that ๐
talking about the NFT's any news about the unclaimed once?
if there is a raffle and the results no matter what where and how, i will make sure to check if i won or not
takes 1 minu to check ^^
but fair enough
I think 2 weeks is fair
2 weeks means the person is absolutely not active at all, we are talking about max 5 minutes it takes to check and send your wallet
lets see
i hope everyone comes in time and claims it
that is the best situation
its a very little chance to win anyways. the same thing will happen even if there is a reroll. unclaimed nfts again
its just the excitement hahah
same with a lottery chances are almost 0% but still everyone likes it
well just give one of the unclaimed to me and lets move on!
i think they should auction them or something. there is quite some demand it seems.
we had our chance and we didnt claim
Morning everyone!
ello
Morning Paradoxis, Life's actually pretty sweet here in Ireland this morning. It's a beautiful crisp day. Woke up to ducks on the lake, rabbits playing on the lawn and even the horse was in a good mood. And now I got my coffee and a good day of UTO work ahead. So hey can't complain โ
How are things looking in Dubai?
That sounds like a great day, here its all good, sunny and a normal working day haha
I am head of sales for a consulting company
how about you?
that is great, stay in school, or build your own company and hustle hahah
exactly
that is the best option
no boss, no nothing
Hi @soft olive, it looks like you don't have a timezone set yet.
Please type -ft map to find your time zone, then -ft set <zone> to set yourself to that zone!
that is amazing, congrats
take profits, don't go mad hahah
personally i think it will rocket again soon
we need to hahah
yes the ETH rocket needs to go for the liftoff again
enough loading up now
Good morning everyone, skimmed the general chat, I sleep for a bit and you all have been busy.
Every 60 seconds without Rhamphy in my wallet a minute passes. Together we can stop this!
Lmao
I think everyone feels the same
the difference is you are waiting to receive one, the rest of us are not getting one:P
You can post this stuff in the Degen-trading channel
Sup Kieran
Hey, just doing some Sunday busy work
Thought/Question of the Day
Would you rather have an Atlas to ride around on? Or a Squizz chilling in an aquarium in your home?
Though decision I know.
NFTs bruh, it's the wild wild west
Not surprised in the slightest there
i am seriously think of randomly make simple ones
Super exciting
to give it a go and list them
Can't wait to see what the first Rhamphy gets posted up as
me neither
will be sick
or imagine in a year from now what the prices will be
Or when set 2 comes in and you can never get another Rhamph again o.O
:((
what I'm most curious about is once the game launches, what the price of some first series, holographic Illuvials will be
There are still many cool ones that haven't been shown
hopefully it will be space-man
Hopefully all of us
I'm really thinking about what I will do with this Rhamphy
well, keep an eye out on the NFT market
I might list it for a really high value and hope it sells
yes
haha i haven't seen this one before, im in a meeting and chuckled loud
it cost money to list it, or probably there is a fee which will be taken after the sales correct?
I thought about it too but i belive the fee is only after it has sold.
Maybe some one else knows more about NFTs than me can answer it better.
You can do this on opensea yes
5%
When it sells, not as a listing fee. Then that revenue goes into the vault
it's moz4rt, your little backpack droid
m0z4rt
๐คฏ
I believe that belongs in the main character leak channel ๐
Just have something to do with droid make and model?
ill let that kind of info to be distrubted by the main dudes ๐
Main character leaks?
Had a feeling you'd say that ๐ Cool little bit of info to drop anyways though ๐
Sunday surprises hehe
๐
Roger that boys
That makes sense. Thanks
But the community can put through proposals to change configurations like that @candid smelt
any1 have a link to this? it doesnt come up when i search it..
Just had a thought
Imagine frontrunning the next open world Pokemon Collecter and Battler, now that would be cool.
Wow 33eth top much worth
ty
Is this the cheapst one?
No one else has listed one
One sold for 4.4ETH the other day though
Too early in my opinion but its gotta be hard to say no to 7.5K that you get airdropped lol
I still think there are some people that don't know they have it
that is the thing, it will be hard to not sell right now
but they should try to resist and just keep it
5ETH sorry
wish i had the eth to buy then lol hopefully my turn will come where i can hold one and gain the benefits of the game
i would like to know how many claimed / replied to receive it and how many of the winners never replied
I will truy to get one
I'll be announcing another drop tomorrow
Checking later opensea
Wow thanks great
ill be here ๐
night guys its late down here
I think nft
nn
Tomorrow im working but will check offten the thread
Night Baltherzur
Good night to you @full gull
Im not lucky with airdrops but the fun worth it to be with
Being really really hopeful has worked for previous winners. Got to have the faith!
I wish everyone the best and the most chance
after i win one ofc
hahah dupree
Announcement Kieran said
and ofc we should do something for it haha, get more members
get the illuvians in the wide world
Hope people have been paying attention to names that have been dropped multiple times ๐
Newest article up on UTO, and our News tab has been built out! If you've missed any major news this week we'll catch you up in the first edition of TL;DR!
Under the Obelisk
TLDR 27-2-21 Welcome to our first edition of TLDR! This will be a staple of our news channel where weโll be releasing new editions whenever week or two. Weโll briefly touch upon each headline giving you the highlights of what happened and any significance before moving on. A lot has transpired in the last week or so, e
Nice one!
Nope lol
Lots of references to who it might be in there ๐
https://www.dropbox.com/sh/k179tl4obz5sph2/AAADff-hpiYxhFKFjcTbWehea?dl=0
I will take no risk and join every community I think it could be
@umbral vine checked out the articles above, really good info. Thanks for putting in the work
Thank you sir! Will keep those coming every week or so once enough significant news piles up to justify one... Which should be regularly enough haha
Jesus, "The Kieran Event"
Hahaha man it's the highlight of my week you have no idea ๐
Yeah I intentionally left that part out, besides the "Kieran Event" wasn't about that anyways, it was about how hyped and fired up this community got to be for a time. Never seen something like that before. Just awesome.
Think everyone would agree
Alright lunch and gym time, I'll catch ya'll in a few!
haha smart man
I will not join a CrossFit community ๐
haha, I think you are safe there... maybe
Let's do it! Another Rham? ;)
nah, new character for each partnership
Rhamph is in the naughty corner atm
You know, the whole mallet incident
Haha! How many ppl have came forward collecting them so far? Only seen like 3
Its cosplay so Rogier is having a bit fun drawing them, but essentially no one picked up on the fact that Rhamphy has a mallet underneath his foot. Its super subtle but super aggressive were talking the other night about why he thought it was necessary. But yeah all in good fun
Oh no wayโ is it any good? Like the original?
As in none of the core contributors
Those at the hardest to notice lol
Yep
Its almost impossible on the holo, but the original once you see it, you cannot unsee it ๐
The one we're announcing tomorrow is much less brutal. It's actually one of the coolest images I've seen
It's baby thylacine
Very nice, exciting. Another partnership like SNX?
Nice exciting stuff I'm ready for you to spam us with so many characters our heads will explode haha
It's a paint brush!!!
Have patience grasshopper ^^
Oh thanks it's fun to rhyme and play with words
I might need to go into a hidey hole when the new flood of ppl come in. SNX was a crazy few hrs
Hmmm
I'm still trying to get my hands on one!
Once the characters come out @inner topaz I'll be able to write better stuff
Short stories and shit
I'm literally just making this up right now, but I think we should build into our site a way for Players/ fans to write back stories of each character. We will offer up the biology of the characters, and then people can build on that
i hope you can take a shit before the characters coming out bro
Lmao
lol
the poem from yesterday was sick, if you can do that in 5 minutes damn
Yeah that read weird
Yeah I can pump out a decent amount fast you know the saying write til your fingers bleed.......I've done that.
@inner topaz just out of curiosity how many hours a day have you been spending on the project haha.
I must of missed that poem, I don't crawl out of the degen hole to often
I posted one in fan art I believe and one in general but I'm really into the memes more than my poetry hehe.
Did you partake in the meme competition?
Nice
I only joined this discord a handful of days ago
I'm a fan of memes but no I dont make my own
In the beginning when I was working out what I wanted to start, I was spending roughly 20 hours a day in between trading, researching, and coming up with different project plans. Nowadays, I have dropped it back to around 16 on average. But sometimes I do 30 hours + straight, which are the real killers. I'm going to take a few days off soon to get my sanity back. This has been one hell of wild ride, and its been so quick but there is always something else to do. We gotta prep for this DEMO plus public sale and its intense
Yeah that's passion
You sound like me with chess haha
30 hours straight is only for madmen
Public sale is where a lot of the headaches start lol
I'm glad to have you in the club haha.
lol, yeah sometimes it boils over though. But yeah, I'm super passionate about this project. Working closely with my brothers and making a game, has been a dream of mine forever. So it doesn't even seem like "work" it's just a ton of fun seeing what these artists can come up with on a daily basis
#startuplife
That's awesome was just wanting some insight into the brain behind the game.
Dangโ thatโs what we all love to hear, man! Keep it up!
Appreciate the support โค๏ธ
Hopefully the game lives up to the hype, I personally can't wait to play it, but moreso collect all the characters. Especially because we're building the number that you have collected into the NFT. Cryptopunk1 gets a massive boost because its first
That is what i call dedication
Yeah cheers sir to your continued success. Were all cheering for u.
I had asked this previously and aaron wouldnt answer lol! thanks for the leak ๐
I'll have to check out crypto punk my NFT knowledge is not that big.
haha no worries
One sold for 760K the other day and its a pixel art
But they have their own story, and there is a finite amount, and so its cool
lol
lol you could write a biology for one of the characters?
Correct all of them and all the NFTs. That's the goal ;)
some have sold for over a million. and just FYI, punks were minted randomly, Punk #0 wasnt first, let me check which was the first rented by the contract. I asked a punk whale this a couple months ago, lemme find the message
I'm going to be doing a lot of writing pertaining to the characters.
Fan fiction
Prose
@inner topaz Do u get any inpsiration from games u played urself for illu?
Some of these NFTs are crazy
This was first Punk minted by the contract https://www.larvalabs.com/cryptopunks/details/5056
Oh kewl I'll check out the doc
I like the idea of writing the backstory for the characters. Iโd love to hear more on that if you want to dive into it. Or maybe there will be a UTO article on it? ๐
Yeah like a backstory with forshadowing
For their motives
Maybe connections to other characters
Lot to be explored there
Me
I'm in
Pokemon and team fight tactics mainly. I wish there was a remake of the original pokemon red on Gameboy
I love the concept of the yield farming. Let me ruminate on the rest.
Yeah the scorpion example makes sense too.
Yield farming is going to be a big positive. I would totally try to capture a holo with a regular shard! Haha, might even waste a few shards
At what point does benefit outweigh the cost?
Would also be cool if there is higher rewards for completing challenges early. For example, being the first one to capture a full set of Illuvials would earn a huge yield farming reward from the challenge, then being in the top 10 rewards a bit less, top 100 less again etc
You'd be pretty unlucky to only encounter one holo in two months of heavy play
Lol, I'll try dumb things, why not?!
But a rhamphyre in a basic shard would go for millions
Rough find rates lol
If black was to pull it off
Hehe, I'm up for a challenge!
You have no idea what grinding i have done in world of warcraft
collecting mounts etc
Ah a man of culture I see
love it
Luckily for me, researching crypto games is the main part of my job. So when im degening 16 hour days in illuvium on release, I can use the excuse that im "researching" to my employer, yes researching, thats it.
i have multiple characters with over a year play time
which is insane actually if you think about it in hindsight
if it was in a crypto game then i would be above Elon ^^
That sounds like a great job to me!
Tell us more ๐
Im a crypto analyst for one of the main research firms in the space, with a focus on gaming. Delphi to be exact
any vacansies open?
SITH LORD is my competition haha
We are hiring across all verticals, but its pretty steep competition ๐ Only the best being hired, feel free to apply tho haha
Crypto analyst
yup, wouldnt trade my job for anything. Company culture is great too, id be doing this even if I wasnt being paid lol
Did you just make that up
if i do something i always want to be the bes
Does that even exist lol
but i don't want you to lose your job haha. Nahh sounds like an amazing job!
Haha good luck taking my job, you have about as good a chance at that as catching the first holo rhamph ๐
Oh man you all got like professional jobs and shit.
I'm scared now.
I could never work a 9-5
Never liked working much really anyways
Try not to lmao
Research AND investments ๐
its more like 9am - 11pm working in crypto lol. This shit never stops. Everyone at the company works much longer than 8 hour days ๐
Hi @steel needle, it looks like you don't have a timezone set yet.
Please type -ft map to find your time zone, then -ft set <zone> to set yourself to that zone!
I just make money with my mind anymore, it's the easiest thing I've ever done. Should've started 20 years ago haha.
yup, if you dont eat sleep and breath crypto, you aint gona keep up. Thats the main thing we look for in new hires. Crypto addiction lol
It helps to be an insomniac in the crypto world
Crypto never sleeps yooooo.
Sure does
Markets still going down eth needs a boost
Makes me sad
Love Vitalik
March madness, to be expected with US tax season. Just a matter of how low we go, I dont think it will be as bad as other years, because of the sheer number of institutions agressively buying in and stuff
ohhh my 13 y/o cousin who is obsessed with pokemon just arrived at my house for the first time in months. Gonna show him illuvium and see what he thinks of the idea of being able to catch these things and sell them for real money. Good chance hes getting a bunch of shards for his next birthday lol
@sage falcon yeah gotta get the next generation involved that's cool. Yeah well see I mostly collect and hodl so the markets moving affects my buying more than anything.