#💬〕general
1 messages · Page 956 of 1
Nope, there's no lockup period for any tokens bought on the balancer launch on 30th March
I encourage everyone to read the tokenomics article https://illuvium.medium.com/9-tokenomics-launchpad-and-reward-details-5894c3b356be
It is very well written..
-
How do I purchase the ILV token?
The Launchpad sale of Illuvium (ILV) will take place on Balancer March 30th. ETH / ILV is the pairing and more details will be shared closer to this date. -
When will the game be released?
Our engineers are working rapidly to build the game, and the anticipated release date is in Q3 2021. -
Can you share some video game play?
Check out our latest released cinematic gameplay trailer https://www.youtube.com/watch?v=-nHBCuMPPAo&feature=youtu.be -
I’m dying to know more about the game. What can I read?
For further information follow our posts on https://illuvium.medium.com/, Twitter : https://twitter.com/illuviumio and simply stay connected to our Discord server. -
Do you need beta testers?
Yes we do, please head over to the #795444126421483520 channel and register your interest. Please be aware that a beta test will not be available till approx. June/July. -
What airdrops do you have coming and how do I get involved?
News about promo Airdrops, NFT’s and competitions will continually be announced in the #768749491171229716 channel. -
How can I help with Illuvium’s growth?
Sharing our updates on media channels like Twitter, Reddit, YouTube, Medium, Facebook will assist us in receiving mass adoption. Remember, the more players, the better it is for the entire community.
Is there spesific price for launcpad?
https://www.youtube.com/watch?v=-nHBCuMPPAo 4.6k views. Everyone in the server needs to be watching this
Cause i cannot see on medium
not yet
Got it then im waiting with eth on the metamask
Saw this comment on a random youtube video from a Portuguese YouTuber, translated it to English and thought it worth sharing, nice to read ahead of the launch.. "It is incredible to see how mature the development teams are leading the creation of these games, they are games with real savings, with real supply and demand, there are no precedents and no limits to where it all can scale. We all have the privilege of being aware of all this before the release, so if you are reading this comment of mine know one thing, you are lucky to know it now!" here's the video.. https://www.youtube.com/watch?v=mCsBGEp2uyw
🤩🍍
"they are games with real savings, with real supply and demand, there are no precedents and no limits to where it all can scale" - the guy gets it 😍
TBH, sounds like this guy might be @lofty knoll 😛 Hahah had a little talk with him yesterday.... suuuuuuper bullish on ILV 🦣
Haha nah he speaks French... so much Illuvium content being created by people in many different languages all over the world. Very nice to see as well
Will the game require an initial investment or can you start as free to play?
You can start F2P, but.... You will not be able to catch anything cool for the most part. You will need to buy the containers for the Illuvials.
Yeahhhh, I’m just joshin! But yes, so nice to see all of the positive hype!
axie seems to have had problems with quickly becoming too expensive for average users.. from what i can tell this is because too much of the items were left to the whims of the market (which priced land at extremely high rates, for example). i assume illuvium will be able to head this off, being that the items and costs will be more controlled/centralized?
makes sense
Here's an overview of layer 2 solutions (published by Immutable) and their reason for choosing ZK-rollup
as far as I'm aware, the Illuvium team is only working to make fees/transactions low. The marketplace should be organic
Absolutely.. for example the Illuvial NFTs you capture will be priced entirely by the market, and the team won't have any control of this.
Good morning Illuvians 😄
thats cool, co long as the cost of entry stays low. for example, you may need to buy containers (cheap, infinite supply) to catch illuvials. then when you do, the market sets the price on them.
Also, thought about this a bit more. Illuvium does have a free-to-play entry point, but there is a small paywall to get to the play-to-earn. This paywall isn't going to be the same as Axie. Axie requires you to purchase 3, pretty pricey, NFTs just to get started. The gameplay in Illuvium is that you'll pay to travel to a location to try and capture those NFTs. So in a way, I believe it is correct to say that Illuvium is doing their part to keep entry cost into the game low
in axie, the cost of entry seems way too high - both because of the gas, and because the land is not cheap or centrally supplied. so owning land costs like 2000 dollars. big error i think
Morning Bro
and for the capture items (shards), those can be mined or purchased. So you can spend your time after paying that travel fee or spend a premium to buy directly from the market
yes, this is great. much better model
It's a bit unfair, this account isn't real, especially these likes ... Check a little better in the next contests, 5! 😉
- How do I purchase the ILV token?
The Launchpad sale of Illuvium (ILV) will take place on Balancer March 30th. ETH / ILV is the pairing and more details will be shared closer to this date.
Will "more details" be share on Twitter as soon as you know more about it?
there is no set date for the release of more detailed information on LBP, just Follow, twitter, medium and discord, you won't miss anything heh;)
And LBP stands for?
"1: What is a Balancer LBP?
Balancer is a decentralized exchange (DEX) that mainly provides two services, decentralized trading and liquidity pool.
LBP (Liquidity Bootstrapping Pools) is a liquidity pool on Balancer that allows items to issue tokens through it. During the issuance period, users can exchange USDC with project tokens with just one click."
Alright 👍
yup but remember Illuvium pool will be against ETH
I know, I just did a google copy / paste for a friend heh xd
The music changed on the website?
An Illuvium brunch.
Rhamphyre toasted my eggs for me just how I like em------over medium
Going to read up on some Illuvium today, I'm behind.
I feel inadequate with so many others having such a broad knowledgeable base haha.
Does anyone know how the balancing is in this game? I mean if you catch the nft doesn't the one with better nft just win in the auto battler mode
No, each Illuvial will have a weakness against a certain type, or strength... They counter each other so having an appropriate setup will make all the difference in the fight.
So it is quite different from teamfight tactics, auto chess, hearthstone battlegrounds...more inspired kinda a mishmash of pokemon and auto battler if I am getting this right
Ok, nice to know. Seems like an intresting idea. Do you know what it will resemble graphics wise as well. I have seen the cinematic trailer. But cinematic trailers don't really give off the game vibe in general. Or what it is aiming to look like
Thanks, gives some sense. Would be nice to get actual gameplay trailer soon as well
Yo what’s up fam
Yo itachi. How can u spend your life with akatsuki
I had to do it for the Leaf and me brother Sasuke
Good. Take to him a new computer so he can play illuvium
test
Smart. Will do
My one question is, since it’ll be on ETH, is it going to be expensive with gas fees to play?
Hahahha sorry for shilling you ILV so hard
its going to be on immutable
gasless
Morning everyone!
LOL no-- no need to be sorry! Everything you said makes sense to me!
Morning! 🙂
Wow beautiful
8 days to go folks
Hi everyone, hope your all good.
Just saw the trailer on a better screen and am even more impressed.
Just out of curiosity, the tokens being released on the 30th
What will be their purpose in game, to purchase aesthetics or upgrades for your illuvial?
Also how many illuvials will you be able to battle with at once?
ETH is the in game currency
You do not need ILV to play
ILV is used as governance and yield farming
Ah okay, so the community can help with decisions and stuff
Yes
That's pretty cool.
Will you have to use eth to purchase upgrades or they naturally come?
Upgrades?
Illuvium is built on ImmutableX which is a layer 2 solution
This way we are using ETH as in game currency without any gas fees
Oh no gas fees, that's a relief haha
Yes there will be upgrades in the form of equipments and items
Will the game be available on mobile?
is there some live gameplay somewhere ?
The game is still in development and the team aim to launch Q3 this year. Mobile could come some time next year
Not yet
but tone of presale ?
Live gameplay will come later on and after the IDO
the 30th is the IDO right ?
@lofty knoll evening :)
Yes!
Are there any plans to have the ILV token be used more than just for governance?
It is used to yield farm. Read up on the tokenomics. ( #🔗〕helpful-links Medium Articles)
Thank you sir
been reading and i want to make sure of something
so, if i want to play this game hardcore i dont need ilv tokens?
i just hold my eth
and i ll need metamask or something right? to buy stuff such as what makes the mined shards usable to catch illuvials
You don't need ILV to play no
Only ETH
And you will transfer your eth to L2 on the IlluviDEX
Once there there is no more gas fees
will we be able to sell sILV to ETH on the Illuvidex and withdraw the eth to L1? @lofty knoll
what is that?
sorry, that, of L2
awww layer 2
?
yes
cant wait for ILV to land on Balancer ❤️
The items in the illuvidex are pegged to usd value
So you can pay with eth or sILV
thats nice
Yes. Promotional NFTs
even if i invest a little only?
i dont havem uch xd
i was thinking of buying some if it reaches a price i can afford
I was wondering if we'll be able to sell our sILV and move funds back to L1
selling in game items we earned by playing, for example
It will depend on how much you put in and it will give you points. After the IDO you will be able to choose what you want for your points
why is there only 10 000 000 token if its going to be used ingame ? the price of one troken is going to be insane
what's sILV again ?
No. sILV can only be used to buy stuff. Nothing deter you from selling it for eth after and cashing out that eth tho
it's not going to be used in game
aaaaah i see
ofc he does unless the token is subdivisible like satochi
thank you for the help rahlord ❤️
ILV is not used in game
Said it many time
you can choose to get your staking rewards in sILV to spend in the game if you want to
No problem!
ok ineed to read the tokenomics again i guess
you got links for where i can read more about sILV ?
other than the medium article? no sorry. We've mostly been asking aaron about it haha
So i watched the trailer again... the fight at the end is the player capturing an illuvial and it looks like the spinning object with the illuvium logo is a pokeball type thing and changes from red to purple when you have a successful catch. Then you find out what you got in the form of a NFT card. That seems to be the game play. In the trailers case it was a holo version. Lucky! 😉
essentially normally you would get ILV but it would be locked for 12 months. If you want you can get an equivalent amount of sILV instead that can be spent in the game immediately
Ok so when staking you can chose to get your reward as ILV (those are locked for 1 year so you cannot compound). Or sILV that you can only use instantly in game to buy stuff. If you chose sILV you will not get the ILV. It is one or the other. On top of that if you chose sILV the ILV that they replace will never be minted so at the end the total supply of ILV might be between 7 to 10 million.
looks like i need to review again about the medium article 😄
The spinning thing is an Obelisk and they are used to travel haha! The holo one is a Dark Holo (rarest of all)
you dont know if you get a holo or rare when you catch it right?
like you just catch it and then you know
i dont remember the diffrent rare tipes
types*
Exactly
k
You know once the catch is completed
and if u
fuse 3 together
you might get a rare one?
or how does that work
they have to be 3 of the same rarity?
But then you could lose it
yeah yeah
proportionally
yea
k so
a 3d evolution base set illiuvial
will be worth like
a l o t
if its rare
who knows hahah determined by the sellers
a holo 3d evo
yeah xd
so excited
to go balls deep in illuvials xdd
there seems to be a good amount of hardore gamers in to this game
it's not all in there but I think we have a decent idea from asking admins so let us know if you have more q's
thanks mate. will ask questions if i got one
hey guys..are the nfts avaiable on opensea atm able to be used in the game
or are they just collectable
ok so they arent actual playable creatures
yea i understand that
im more interested in In-game assets though
high value for sure
those collectables are priced a little above their current worth imo
if the game is successful..
right now there is no game
lol
thats almost 10 grand for a game that hasnt been released, let alone suceeded
thats the definition of overvalued
You both have good points, you're making a bet
im bullish on the game..for sure, hence why im in here
no..art is abstract
those collectables ahving value are 100% determined by the success of the game
OG pokemon cards have value because the game was sucessful
if they wernt successful..toilet paper would have moie value than a first edition charizard
if it takes a year for this game to gain serious traction, than the nft bubble will likely have come down to reality by that point
here for good has nothing to do with a bubble
nfts are a huge bubble and that bubble will 100% burst
doesnt mean its going to die
ok..well you are ignoring market dynamics
but thats fine you do you
@blissful bay yes thats why im interested in buying in game assets as quickly as possible
but not collectables
in game assets have more tangible value to players in the game, and to me as a future player in the game
You won't be able to buy in game assets until they're discovered by the players and they're willing to sell... kinda cool imo
ok cool
that was my next question was literally just typing that haha
so everyone starts from the same point and the more serious players get rewarded for their efforts
exactly!
very cool...though for old school investors like myself, not what i wanted to hear 😄
hehe
i mean, this game is very exciting to me..the nft use case is so blatantly obvious..
and we havent even begun the blockchain gaming hype cycle yet. Really is a wild opportunity for people to get in early with this new generation of higher perfomance games. Axie showed the thirst for this stuff is real. And that game is meh to me
im projecting gaming to bring a wave of new users to crypto that has been hitherto unimaginable
If you want to see this play out before you just scroll this channel for a few hours 😉
oh for sure..this channel moves so fasrt
so obviously the hype for this game is wild
ember scrolls is dead quite by comparison..though that game is much farther out
im excited abou that one as well
This is what we're all hoping happens, we all want blockchain to succeed, bring it back to the people
gaming has always been the most obvious use case..but the pltforms never
could meet the demand for performance
Also if you're checking out the graphics and art in this game 👀👀👀 I get a lil hot and bothered tbh in comparison to others 😩😂
now with eth scaling, polkadot, second layer solutions, solana..these platforms will be able to hand hundreds of thousands of TPS
Gaming on L2 is the next hyper wave
Oh I walked into something meaty
bigger than Defi
agreed
way bigger
i think there will be lots of opportunity in the actual tokens as well..
@sage falcon kids will certianly be able to play
Idk about bigger than defi personally but I'm supportive nonetheless 😅
especially games like Alice
you dont need to
most games hide the blockchain end of everything
yeah..this game
but Alice is designed specically for kids
even lost scrolls has no visable blockhain elements reallt
Kids can figure out anything. We saw it with the technology
anyone can play
Crypto will not be hard for them
I think there are massive improvements yet to be made that improves the complexity of getting into crypto. Idk who will do it but once its there...boom
When you start thinking about the economies that can spin up, the way they can scale. It's actually limitless in reach. Kinda nutty.
its a different world
Not everybody lives in the usa lol
That's why I'm of the opinion that Defi is king in the long run
Yes Defi is here to stay for sure
@sage falcon in the US the opposite is happening..yes its getting more regulated..but banks are far more crypto friendly and laws have been passed to allow banks to custody crypto
whats really happening is crypto is being prepped for mainstream investors..at least bitcoin is. Which is bad in a lot of ways for OG crypto guys
I'm also of this opinion
@sage falcon yea..but regulation isnt trying to kill crypto in the US
its trying to tame it so real funds can play
and sqeeuze out little guys
BTC is the apex store of value for our generation and the next one at least
follow the legislation and money..pretty obvious what the end game is
what makes you think crypto games have anything to do with any of this
If theyre free it wont matter
Supply/demand etc
Gaming is huge. Once gamers see they can earn a lot while playing they will switch fast
and game company will follow
there are no threats in games...most of these games will allow you to buy assetts in USD
games arent overtaking banks lol
bitcoin might though
kind of already is...banks are dying and cashapp and the internet is coming for it
BTC will overtake gold than it will go for the derivatives
Banks are worthless hahah
all air
banks have been the worst performing equities
yes, my point is, the new games arent gunning for that. axie is a game for crypto nerd
Games that aren't accessible will never get mass adoption though. Its a balancing act
these new games are designed for mass adoption
Exactly
even some of the ones out now are like that
0% barrier, all blokchain hidden from view..you can withdraw your assetts to metamask or keep them in the game account
buy items with usd too
its no different than playing fortnight except you own the assetts
i know 16 year olds trading microcaps on pancake swap. Im 100% not concerned about these new games being difficult to onboard people
Once the right games come along and offer a demand to the market then adoption occurs. It's all about who can do it though cause it has to be enticing for it to take off
And wallets would be pretty easy for a parent to set up for a kid
@sage falcon you are missing the point im making
the NEW games
coming out
have 0% barrier to entry
you dont need crypto
It makes the parents a bit of an obstacle, but it’ll happen
because you own the assetts
Kids have a huge impact on the decisions of their parents
Wait what?
I disagree, I think this game will be fun
Hahaha I'm lost
if you arent seeing what im saying perhaps you should do some more research on the games...it sounds like you are missing key points of info about how these are going to operate
I also think you have to pay in order to play
Why does a market for CS:GO knife skins exist then my guy?
If Trading card games are profitable then Illuvium can definitely be profitable.
Everybody will find it's value
if a buy land in sandbox...and i can build a minigame that people pay tiny amounts of sand to use..then thats direct monetization of assets
we are all betting on that not being the case moving forward
bitcoin was hard to buy in 2010..the people that took the bet were rewarded
Do we earn ETH for winning battles in Illuvium?
ILV. From ranked arena rewards
you invest for the future, you trade in the present
I disagree with this for a couple of reasons, but I understand the point you’re making.
i would imagine the game will be super buggy and probably not that fun at first just like any new blockchain game. Axie Infintiy was almost unusable in its early days
now, it has more TPS on the game than most large cap projects..thats obvious demand for this type of gaming
Like yeah there’s are challenges to navigate and if they aren’t navigated properly then failure is certain. However, if there’s fun to be had and good decisions are made Illuvium can for sure make it work and I think it willz
The team is rock solid
The ecosystem has the ability to be massive
thats also very important
So I am investing heavily
team and funding
I for sure agree that entry isn’t easy
Some solid partnership alresdy
To crypto games
They are different homie
general rule...early adoption is hard and messy. But the payoff is massive if it works out
thats the risk/reward in crypto
It's still early
How does the balancer launch work? Is there a set ILV/ETH price?
Or does it scale with demand
if its anything like Uniswap it will probably get bid up through the roof
unless i can get in reaosnably around ICO price ill wait for it to sell off after launch
However, you can adapt to those issues. All sorts of industries have dealt with these problems. Most of the answers are already laid out and I think this team has done a lot of research and preparation to find those answers.
Nothing like uni
Yeah another person has already came through and said all those things
Read the chat you will learn haha
Read the medium articles you will learn haha
@lofty knoll so through balancer bots cant come in and bid up the price?
ive never used balancer except through aggregators
Price starts super high and fall over time
Furthermore, profit doesn’t ever happen right away. A lot of businesses stay in the red for years before they earn money. Most restaurants for example don’t turn a profit until their second or third year.
If bot go in they get mega rekt
@lofty knoll By over time do you mean, after launch?
It is the most fair way to launch a token
Right there is always price discovery
or during launch
read this
With anything
theres a long time between ILV launch and the launch of the game, I imagine ILV price will dip some time in between
Like the dot com bubble?
How about Dem apples haha
Not really because only the 1 Million tokens of IDO + airdrops are circulating
And most people investing will be staking for 12 months
The dot com bubble had to deal with companies that had no utility
And a whole lot of other stuff
@lofty knoll lmao
you got it?
good
its a fairer token launch
Rahlord has that knowledge
its like flappy bird
everytime someone buys the price goes up but then fall
it will find its equilibrium
at fair value
well said
Great analogy
stole it from aaron haha
Lmao
And what happens when it hit the pipes?
alright guys, got to go be productive. Good chatting with all of you. look forward to more!
Great chat
Hum?
A ok lol
not happening hahah
Hey guys, want to ask if we know exact date for balancer liquidity pool? Thank you
30th march
Thank you! Do we know exact time as well?
Hello !! The contract address used for AirDrop will be the same for the IDO on Balancer ?
UTC morning time is all we know for now @stray folio
Thank you man!
No that address is only for preILV
sure, thanks mate
thanks guys
homers in here, yall are toast now. this guy is a fucking legend
Haha nice to see ya here brother! 🙌
Jesus, anyone got a tldr for today?
Welcome to the club
Usually I love trawling through but I don’t have time this morning
Good day all
Aight heading out! Brb in 5 hours
Still not the 30 th ? Damn thik i jumped to the right timestamp :(
Got this literally almost every day in most of my Discord crypto related servers 😂
Tldr?
TLDR: Debate on usefulness and future of NFTs, gaming on blockchain. General sentiment is NFT=good for gaming, value=???
Oh I’ve got something for that dw
Was there any mention of the price being higher at first or is this just a rumor?
did Chainlink NFT got distributed?
Once we build this bridge though, there is no turning back
@wild zinc it will be tonight, my time. We were hoping to have our new interface up in time which we will be moving to for airdrops moving forward. Basically winner will be able to claim them directly from the site if their wallet is verified. But we will have to manually distribute these as it’s still a week away
Btw, any indication of a rough time when the sale starts on the 30rth? Or around what time we can expect more info about the balancer launchpad?
Yes, it's a bootstrapping pool. They are designed this way to prevent bots front-running genuine investors. The launch starts with a high price and the pool will put downward pressure on the price of ILV by gradually increasing its supply within the pool. As an investor you have a choice of waiting for the price to come to a level you deem acceptable or not taking part. At the same time bots are discouraged from taking part.
Is there any need to own ILV to play, or can I do that using ETH alone?
ETH will be the main currency
ok cool ty, will ILV have a use in game though or just as governance/staking? I guess that would depend to on the staking rewards if they were in-game related or more ILV
@undone onyx i think staking rewards are tied to the game, if you choose. You will have a choice of either to restake your rewards or convert them to be used in-game.
right on thanks
Listing today?
Token pre-sale will be on the balancer exchange twill
This was one of my main concerns. Glad you guys have something planned.
Hi to everyone 🙂
hi!
Most likely morning UTC
Hey
hiya guys..any advice on when on average gas fees are lower?
i find the weekends to be a bit more laid back
but then again im not on all the time
yeah..im in UK
Sign up to feelthefee or something similar to get price alerts when they're at a low for the day
lol
07:00ish GMT has been quite good recently
stable coin will produce more imperment lose no?
👍
@inner topaz who came up with this bril idea lol? 🙂
Which idea?
of a stable coin
Well, technically you can use whatever Bal accepts, but what we pair with it will result in the lowest txn costs
So I just thought why not ask the community if a stable coin would be preferred
fair enough
As always, its close AF
hmm I guess to me it depends on the length of time I would expect to have this in there but long term i would always say ETH over stable
Most people hold stables young padawan
arent you assuming everyone has eth already?
Just to be clear, this is only for the BLP. In game is ETH
you should of told me before i got the ETH earlier on today then
shorter term like a few months I may prefer stable tbh
😂
like getting caught in bear during staking in ETH would suck
Yup, rip
well it seems stable is gonna be
Where can I buy the Token?
🍉
30th march ..Balancer
😫 😩
where can we get the token?
March 30 you will be able on Balancer
March 30th sir
Stable may also be better if you don't live with ETH as your base currency yet too (which i think is most of us).. 🤓
close though
onboarding into it should cost the same so that won't factor into it much, but gas on ETH for the contract signing
and then ETH is also volatile
Sorry, we didn't think people would start converting until the final details were released today. In the guide we have been saying we will release. I can understand the excitement though
why not have both available unless it costs the team a lot more to do so
Both are available, it will be 0.3% more if you use a different coin. So nothing crazy
right on
You can essentially use any token listed on Balancer to buy ILV, the only difference is it’s a little bit cheaper if you use the pair token (stablecoin or ETH)
Alright, thx, keep up with the good work 👍 💪
it's ok we've all been through worse i reckon
Final details released today 🥳
not necessarily ...if you own both on the CEX still just convert and then withdraw to wallet
Hey guys, sorry if this has been answered before but I couldn't find any information about this question on the medium articles: Do we know if staking will be available right after the balancer pool opens or will it only start once the game is actually launched?
yeah true also..if your wallet is dead 0 atm
Soon after the launch is finished
gotcha, so gotta save half of funds in eth to provide LPs. Thanks!
I imagine the outcome of the ongoing vote will determine whether the liquidity pool post launch is against ETH or stable, right @inner topaz?
Will ilv be on available on uniswap?
After the launch event is complete, ILV will be available on Uniswap or Sushiswap, we will find out soon
Could someone explain me? How wil ILV work, or SILV... since eth will be the ingame currency? i need something easy to understand. Thx
im new on balancer need i do some transaction to participate any ico on balancer?
ILV is a governance and staking token. Allows you to have say in how the game is run/governed and also earn a share of the game's revenue relative to your stake.
a wallet ie. Metamask with ETH in it for the fees..and posibly stable coins ie. USDT for the swap as of now probably
When is the game launch?
game launch later this year..Q3
Nice
The game launches Q3 this year but by launch event I meant the token launch on 30th March
Awesome, thanks!
@barren scaffold but do we have to put it into a pool¿? What about sILV?
I thought that ILV tokens were there to buy things in the game. ETH gas fees are far too high
there wont be gas fees in game
Yes, you have to stake your tokens in order to earn rewards. sILV is used to allow players to exchange those rewards for in-game currency they can use straight away
Did you have a read through this? https://illuvium.medium.com/9-tokenomics-launchpad-and-reward-details-5894c3b356be
that's why the team chose Immutable X on L2
THX
you could use just ETH for the swap and the fees to as @inner topaz was saying earlier on ...but if you prefer stable coin probably it's gonna be a choise to
LP starts after the sale ends
if we have usdt on binance let say we still need th send them to metamask as eth before being able to swap on balancer no ?
The easiest way I can explain it is that game players pay some small fee to the game's vault for in-game activities such as buying shards, travelling, etc. 100% of those fees are then distributed to ILV stakers based on the lockup period chosen and amount of ILV someone has staked. Rewards are subject to a 12month lockup period however. Players can choose to skip that lockup period and instead receive their rewards in the form of sILV to use in game straight away.
u can send them as USDT directly
but u still need ETH fir the fees to in the wallet
yup
Stable's running away with it
so we gonna need a additionnal transaction to swap eth to usdt for pool idont understand thep oint
stable might just give some ppl the peace of mind in case of bearish in the near future i guess
but its not gonna be my cup of tea
Regardless of what coin the team goes with for launch, you would still need to send funds to your MM to take part
Impermanent loss will only be an issue to those providing liquidity once the token launch has finished and a liquidity pool has been set up by the team on Uniswap or Sushiswap AND if the pool is using ETH instead of a stable coin.
Need new wallet or can i take my old wallet ?
the 30 are for fees
wtf its better wait launch on uniswap? 😂😂😂
you say 80 dollar fees for the pre luanch ?
How much swap fee if i buy 1000$ worth?
You prob know this already but just to make sure, you need ETH regardless. Every transaction on the ETH network is paid for with ETH.
Good same fee thx
but we need 2 swap tho
one for eth>iLV and eth> usdt then fees for staking in the pool
30 fees per swap so 100 dollar fees
Is there a presale
Not sure this is correct. What do you mean exactly?
Token launch on 30th March
so we going to need 3 eth transcation to complete the staking aam i correct ?
The pending vote shouldn't change the amount of transactions required to stake your ILV
i think he means u do and ETH>ILV 1st..then ETH>USDT to have an ILV/USDT for lp
Though some funds, incl. Delphi, put money in already. Apologies if I'm missing it, but have we seen the tokenomics around that/overall?
but u can do ETH/ILV as it was in the begining
u dont need to do another ETH/USDT swap for LP
Ah you actually mean pre-sale. Most people ask pre-sale but mean token launch. Yes private and seed rounds were completed sometime ago. 5M was raised
can i send usdt to metamask using BSC ? and use tohse usdt for the pool
Yeah, that's fair, I conflate them to some degree, since seed round investors will receive some token allocation as well (probably with time-based vesting), but i don't know the specifics here
never tried with BSC but with ERC u can
Yep it makes sense to exchange to the stable beforehand.
No, USDT on BSC won't work. It's a different chain
and the fees for staking is the same as swaping right ?
I get you know. Remember Balancer can swap any supported token for any supported token. So you can just send one
I think the fees may be lower for staking as the transaction would probably be less complex but not sure.
The important part is if this vote changes what the liquidity pool post balancer sale looks like. Currently it's ILV/ETH but it could become ILV/USDC. This has an impact quite a few things
There's very little the team can do about that unfortunately. Just a consequence of using the ETH network right now 😦
pfff @inner topaz dropped a bomb again tonight lol..bomb master in tha' house..up up
They already told that this vote is only for them to choose the paired one with ILV to lower around 0.3% the fees, so you can still do eth/ilv without much trouble
.3% of fees or slippage
Thanks. What I needed was the private sale info. Thanks for the info
haha you're prob right though it'll prob stay ILV/ETH. Would be cool if it moved to stable though, I'd defo be providing lots more
I just wathced the youtube video about illuvium with the two brothers good stuff
I like how those guys have a background in DEFI
Do you have a link rambo
Anyone know when ILV will be available for purchase and what exchange?
30th
March 30th and it willb e done with balancer
on Balancer @pearl sluice
tom-e check out the interview
its ag ood starting point
the two top guys discuss the project
Search for handsome
👆 😝
Jon Jordan talks to Kieran and Aaron Warwick about ILLUVIUM, their new blockchain game, which mixes elements of Pokemon and Teamfight Tactics with DeFi and DAOs. Find out more details at https://www.illuvium.io/
That pool doesn't exist lol
guys vote ETH i don't want gas fees to swap to some silly fiat wannabe
gnight dude!
You dont need to swap they both are acceptable in balancer
oh he's just asking in #📣〕announcements if we prefer one or the other out of curiosity? I figured it was going to be mutually exclusive options.
It's very simple, for the Bal sale, almost all mainstream crypto currencies will be accepted. However, we are going to add liquidity in the form of either a stable coin, or ETH. Meaning when you swap directly into the pool, if you match it with whatever we seed the pool with, you will have the lowest fees. 0.3% lower that if you used a different currency.
sounds good
I want to know in the vote, do we seed the pool with ETH or a Stable. If it is ETH it will be cheaper for those using ETH to swap in the bal pool. If it is USDT then it will be cheaper for people to swap with USDT.
and these punks all voting USDT
But both options are possible
So this doesn't impact post launch liquidity pool??
no..as he is stating this change it's just for the sale..not for the pool after
at least that's how i understand it but i think it's correct
so the BLBP has one of the 2 options...not the pools after
can everything non-cosmetic that can be accomplished in game, be accomplished without spending eth/ILV?
I doubt it I heard something about needing to spend ETH in order to go to the stages to capture the NFTs
Nothing of value is going to be available for free.
there is going to be a free aspect of the game ..but obv not very rewarding
accent on the NOT VERY..cause you can still make something but it will mostly be just the pleasure of playing
When does token launch?
30 of marrch
Thanks ser
Any idea how much?
Is contract anywhere in chat or?
more details on that soon..no1 knows atm
@inner topaz one quick question can't rly remember if is posted anywhere or if it's posted altogether ...the after pool is it gonna be a V2 ?
i was just thinking about what @barren scaffold was saying about the IL earlier on
is it really worth if i only invest 400 dollar ?
Keep in mind a 50$ swap fee
why they dont do it on binance smart chain ?! 0.01 fee 😛
Because Binance is centralized and not everyone has access
Nah it wont be. It's why the rewards are bigger for those with LP tokens
0.01 fee transaction $
you just need to have a binance smart chain wallet ( not binance exchange im talking here )
right yeah ..well anyway..u never know if u never try right? xD
well all this being said love all..peace..out 🙂 up in 6 h for work pfff...maybe Illuvium will change that in 2 years
💪
Gnight buddy
🌜
This
I don't trust binance but if your making money than u know u gotta do what you gotta do. Just my opinion though.
Guys, do you think for small time investors like me it's worth to invest lets say 0.1 eth? I am a big gamer so the in game rewards aspect is exciting but I'm wondering, if I can only buy 5 ILV for example, is that even going to be enough for me to earn noticeable rewards?
When it dips yes try not to chase highs
Buy the dips.
Plus you need eth for balance to buy Illuviun if I understand it correctly.
what is that vote on in announcements
are we voting to choose between eth or stablecoin for swapping on Balancer on the 30th?
One positive thing is that active players are able to rollover their rewards. That means you wont loose what you've earned and can accumulate them until it makes sense to collect.
on nvm, i think it's something different
👆
@karmic lichen
the vote is on what creez said I'm going to vote eth right now.
ty
Haha stable coins haha
I'm going to bed anyway peeps. Catch you guys tomoz. 🌜
vote eth
why i stables.. i already made eth😩
can we still used eth?
Yes
oh thank you
likely since they are NFT it would be similar to transferring something on the Ronin chain for Axie or like pushing a Lost Relics item to an ENJ wallet
but it would be cool for a 0 gas method for this
🤔
Hey guys anybody knows the specs needed to play the game
I might need to buy a new laptop
Not in game, but on the market place.
thanks for the reply.. how about the shards can it be transfered from wallet to wallet?
Is it going to be hard for free to play players?
I know it's crypto world but there will be a lot of free to play players
At this stage, yes.
Would it be easy for them to play and compete against heavy wallets?
We are trying to allow medium spec machines, ideally low-end with settings turned down. All assets will be turned low-poly ingame
Hard to earn money? Yes
I will still need to buy a new one I think. But thanks for the info
IF so there will be no fair game.. someone could make multipile account with multile computers mining shards and feeding their main account
You need to cure the shards, which costs money
oh i see 🤔
We are disincentivizing bots across the board
Can you elaborate on that a bit if you dont care.
Travel is not free, otherwise bots could travel everywhere and go in and out of instances picking up the rarest illuvials, and fleeing when they encounter a common one.
Curing shards is not free, meaning bots can mine but they will be mining worthless shard until its cured
Ok I think I understand thanks.
Do i have to pay to unlock regions or do i have to pay to go there every time?
Yes, you need to pay a small fee each time
is the price known to public?
@plain delta can clarify but I believe it will be open for a certain timeframe incase you want to go back
It hasn't been confirmed
if i travel to an intresting place, can i play there for a while? or do i have to go back home or smth to heal my illuvials and then come back
Tks
Where are the NFTs prices available? The ones from the drops.
I can't wait for Illuvium! On march 30th on balancer is this the only time we are able to buy the ILV or is there an earlier ICO?
Check OpenSea for bids people have put up and sale prices
Thanks!
Yessir!
First public buying opportunity!
And all we have to do is connect our metamask like we do for uniswap and the ILV will appear in our wallet after we buy?
Yep!
Thanks and one last question what is the cost per coin?
There isn't a cost yet, it will be variable since its an IDO on Balancer and will be open to the market
is there any chance there will be alpha testing?
Not that is known about, beta testing yes, but its uncertain to what degree
how cool in the future you get rewarded with tokens for alpha/beta testing and finding bugs the future of gaming is exciting
not saying you guys are doing this
Bring it up to the team in one of the relevant tabs if youd like! They're open to suggestions
There's crazy demand already to be in it though, not sure whether it even needs any incentives
what time will this be available on balancer?
unknown atm @pale gust
maybe once they finish the vote we will know
Need ETH to go lower!
why not eth
most liquid pairs are eth pairs so if i sell a token to enter a presale ill have to sell twice to usdt etc
It means : Too long, didn't read
Hi everyone
Where the website
Twitter link plz
Whsn is the sale for the tge
And where
Because this is like using uniswap. It will get pumped to Mars by the bots. Balancer is the most fair way
When is the Ido
@lofty knoll when is the Ido plz.
And how to participate
@sage falcon how to participate
?
Relax. IDO is on the 30th.
does balancer pump coins like uniswap on listing?
It will be on balancer you need eth right now but there is a vote to possible add stable coins.
is it smart to wait an hour or so to buy after bots dumped
Yes the 30th put the 31st at first hahaha
Bots most likely won't buy
@inner topaz but how to participate in Ido?
they buy EVERYTHING on uniswap
Hit dude with some links rahlord
initial price ?
incoming 🙂
No bots here or they will get rekt to hell
Lmao
@lofty knoll what's the Ido price and how to participate?
You need a wallet compatible with balancer. I will send you a tutorial in dms but I will change it when new info come out
Price will be known on the day of the launch
@rocky veldt @hasty solar
There will probably be an initial spike from people not knowing how balancer works so be cautious not to fomo in
This is why it is important to do research
Metamask is a compatible wallet right?
#🔗〕helpful-links Everything is there. Also in your welcome/faq message.
Yes!
Do we just need to have ETH in our wallet to purchase ILV from balancer? Also will the purchase just happen through the "swap" page? Sorry new to balancer
Dms.
@lofty knoll thanks mate
You are welcome 😉
Is MCAT20 dead?
Wrong discord?
are we going to be able to use eth for March 30th? I don't know if Metamask holds a stable coin like usdt
Stable coins are almost all ERC-20 so yes metamask is good
For now it seams it will stay ETH
Tangentially, sort of. USDT is Ethereum based, so yeah, it holds it.
Are you going to be streaming Illuvium on twitch? @lofty knoll
so usdt is eth erc-20?
But wait for confirmation tomorrow
I just want to know because i'm going to liquidate some crypto for this
I'll tip you homie
Yes
perfect thnaks
If enough people ask for it I might haha
With my french accent for some reason I always thought I wouldnt make it in the streaming industry
The French accent is endearing I watch this guy in chess Nepo who is french, if you accept bat tokens I have some to shill.
Always gotta be looking to the future haha.
guys when is the ido for this?
30th
ok thx
how do i sign up for beta
Yes. The IDO is the only way to invest money. You can invest your time here 🙂
It is a meme at this point but you can put Request in #795444126421483520
Okay, will it be fairly simple to invest as long as I have ETH? Or is it like a drop?
Have you read the medium articles yet? In #🔗〕helpful-links
Pretty simple tbh
It is not a conventional drop no. Price starts really high and go down over time if not enough buying pressure is applied
Morning all
Mornin mate
How’s life
Illuvium exist : pretty good
I though we were fighting for ETH... not usdt? 😆 ---> trolling
Hey all
Hey!
So do you recommend investing when time passes, or the sooner the better?
We would not recommend going in at the start no. Take the time to access it.
It will for sure spike in the first minutes to hours.
I will just say.. I dont recommend to fomo in
Wait for it to settle
Ok, thanks
Hi what month is predicted for the game.launch?
End of Q3 so September i'd say 🙂
Cheera
When can i buy this coin
Did the details for sale on 31st already released?
It is on the 30th and final details are coming really soon
Stable coin?? Please don’t, I already have some Eth ready, or will it be able to use both in the blbp? @inner topaz
He said we will be able to use ETH earlier
For the pool, or only in the game? That part wasn’t clear enough for me yet.
this is a quote from announcement vote
"To be clear, this is just for the BLBP. The in-game currency will still be ETH"
but i believe if it votes for stablecoin, it will just be cheaper for stablecoiners vs eth
i always come back here and get even more confused lol
im sure once vote is over
they will announce very clear instructions
I think that you will be able to use eth no matter what
Stable coins are still up for a vote in the announcements
The time on the 30th is still undecided.
I hope so. I’d like it to be clear, because I have Eth ready and must otherwise switch to a stable coin .
Yes
More precision to come in the coming medium article
U can find the voting in announcements
Dont move your eth or swap for nothing until more information please haha
I know, but the talk was always about Eth, so I already got that ready in the wallet. But now they suddenly come up with the stable coin part.
I won’t swap yet haha
I feel u
Same for a lot of us
The stable coin talk is very recent
either way i bought eth, it went up. If i had stablecoins, still be worth the same lol
Yes, it surprises me a lot I must say, but I’ll sit and wait for the announcement then.
Just hoped it could cleared out already 😉
Might come down tho before the 30th. I wish it was today lol. Enough of that sideway bullshit
id welcome it
No persuasion
get some more for the 30th
Haha
I went to measure a crawl space just for some extra dough for the sale.
I'm only buying a modest 50-100 bucks I think I haven't decided. So I'm a small fish
well, IMO i think you should def go higher than $50
40-50 will just be eaten by swap fees
well make sure you start the deposit now, could take 5-7 business days lol
ive missed opp. before by not thinking of that
nothing wrong with playing it safe
It really just depends on your personality u know
yep
On the 30th is there a special way to buy or is it though uniswap or something?
not sure when but should be able to. HMU when you do 😄
What might take days? If you already have metamask with funds, balancer should be instant shouldn’t it? I’ve never used balancer before
So once this is available to purchase are we than able to sell and buy or is it just hold until release🤷🏻♂️?.
Some talks that it may drop in price after initial offering
Might take days to wire from bank account to a crypto exchange to buy eth is what he was getting at I think.
My bank transfers and swaps to my ethereum wallets happen fairly quickly, but yes it would be better to be prepared and not try to do stuff at the last minute.
When you buy I believe yes it should be instant for as instant as it takes to get approved, if your having to make several moves than it can be time consuming.
You can always pay more gas and push it threw faster if you are anxious and want it done rapidly.
Locked for over a year
Possibly that's the plan I've had some weather push work back that I was doing to pick up some extra crypto money. I'm doing well thanks for asking.
Then it is slowly unlocked
I should have a little scratch before the 30th for some ILV
Always happy to hear the community is maintaining... It's late over here just curious about balancer
Okay I was told that maybe hold off a little bit as the price may come down not sure how that would occur than
We are talking about the price coming down during the IDO
After.. maybe? But I don't see it happening
The only circulating supply will be the IDO tokens and the airdrops (so around 1 015 000 tokens)
this is all speculation
oky no problems didnt know there was an aridrop. Also with this offering on the 30th will it be the same price for everyone
Im curious about that too
Yes it will be a normal swap like on uniswap.
No it doesnt function that way
The price starts really high and fall over time if no one buys
ahh okay
thankyou
is there a way to check how many tokens are left in the offering sorry for the questions just neevr done this before
I am an avid gamer and probably wouldn't mind taking part in the beta testing also
sweet cool
Do we have any idea of price ?
No. Announced on the day of the sale
Public sale price decided?
Mornin fam...jeez..this chat is like on auto shuffle this morning...😅
@blissful bay Is there any info how much the tokens were during private sale?
Is it too late to participate in the presale of the token?
Yes. IDO is on the 30th of March
Too bad, was hoping to buy some
You can. During the IDO
Dude...read EXACTLY 4 posts above you
Oops.. missed it. Where will the IDO be/
What's Balancer? 🙈
A DEX
Your sarcasm is always refreshing hahaha
How safe is Balancer?
A quizz to know if you actually read the things hahaha
Before access to the channels
Safer than Binance. Just trolling mate. You only interact with it through your wallet. Your funds are not on there so it is safe.
So, in plain non-sarcastic English, can someone please explain to a newcomer what the token will be about? Im a huge gamer but very new to the crypto world so I apologize for the noob questions but I need to know before I invest.
So basically, the more popular the game is, the higher the value of the token, right?
That sounds great. Do you already know what the opening price will be?
Im assuming I need to have some ETH in my wallet to buy it? Can I use MetaMask?
We have a LINE user I see 😂
Will more info about the IDO be announced in here as we get closer to the 30th?
Cool
Coming today or tomorrow mate
Don't worry we troll but we always answer the questions
Especially when someone does it's homework and read the medium articles and welcome FAQ
Yup, all read.
Its not 30th yet? 😡
Where do i buy ilv 🙂
🤣
yeh the quiz seems like a good idea
lmao
Lol
i remember someone made their name to #🔗〕helpful-links
Yes that was master dupree
🙂
yes!
It was the medium articles link lol
Hello ami your great developor, i have read all informstions on medium and EVERYWHERE,but i sm still confused....+so how i get my squizz ect airdrop ??+ I like participate. +Where i buy game ? In gamestop? +I love this game so much, what type of game it is ? + What is the price ? I am poor hope low! +Are the red written names banned people ? +I see here often ETH ...i know ET is H for elliot ? Dont know before he get written helliot!
I think like that too. I try to never spoon feed the answers
Hahaha :) good morning together , when i see this picture the sound is outomatet on my head haha
No i hear the russian girl singing :)
Watch Prophecy Cat 2. The Sequel.
https://youtu.be/pgq9pP988vk
I couldn't find a nice full version so I took a bunch of versions that I found online and mashed them together to create a nice long version with a proper ending. Cat Transcendence.
Music: Hans Zimmer - Mountains (Interstellar Soundtrack)
God I need to watch interstellar now haha
Tonight i had a confused dream , i was in fight with my mamoth, and it got some adrenalin from emotions and blown the enemys away with one huge and extreme psy shot ... Was crazy , after it my brain tryed configure out how bounding work, and the finsl result was power ranger style, mammuth styled armor , then i woke up
Varus ? #799010390201466880 message
Great thing ma lady , now i am on the bord you get me all ansers i needed, i am all in with my live savings, i will spend my hole 2.50 DOLLA , so i cant pay my acre rent, but it is worth it i swear :)
Morning everybody
Gonna investigate balancer today and get prepped for the 30th
I am afraid however that I’m gonna have to buy a new laptop lol. Even Gods Unchained is rekking my MacBook
Hmmmmm.... this would explain... a LOT. I have the same. I even piped down the graphics but if my fingers were bacon they’d be cripsy every now and then
I have discord open and a scala of other crypto related bla bla which apparently drains CPU power
What will the specs be for Illuvium? Will I have to shell 10K on a Razor gaming laptop or will a fanless macbook air do
Macbook.. you said enough
hahahah
Why you gotta do me like this 😭😭😭😭.
Hahaha how much did it cost
I could build you a pc for half the price with 10x the performances x)
Then I should be good. Between my PS5 and double switches I don’t have a lot of negotiatin space with the missus lol
Once you go desktop you never go back x)
Yea that might be an obstacle hahah
2.4k EUR. But I use it for my own humble little company to create workshops and other stuff. Syncs perfect with all the other stuff I us from Apple so....
Aside from me investing heavily this year? She better see some red soles short term then to make that argument stick 🤣🤣🤣🤣
Hahah fair enough
I know apple can be nice for some work
I just love to bash em
Negotiating tactics 1.01
Look babe sounds radically Chad-ish tho
Best sell my GU deck to put some power behind that
Alright, back to the real world. See y’all around 🙌🏾😘
@severe igloo hei why you dont take shadow cloud pc service or similar ? Can be a better option when you dont like to buy alö time new laptop ect.
Ah ok , i heard it often that some people play star citicen over such service, my self dont test it like i build my own killer machine :)