💬〕general

[livid tendon]

shit gas fees everywhere hahaha

[worldly violet]

L2s can't launch fast enough....

I've got like 550 NFTs I'm waiting to trade on immutablex haha.

[heady shadow]

who/what is in your developer team???

[runic hull]

Howdy all, been a busy busy day at work

[idle terrace]

We could all say “no one buy until 20” but inevitably someone will buy at 21 or 25, etc. it’s impossible to do. You just have to invest at a level that you’re comfortable with and with money you’re comfortable with potentially losing.

[strong terrace]

I feel comfortable in range of 40-80

[gaunt wadi]

30 would be prime

[strong terrace]

First i done mistake and thinked in normal games item value but with 10million market cap of ilv it shoud be more like the price of an game or ship like in star citizen ect

[idle terrace]

The more and more I think about I’m probably saving most my money for uniswap but I’ll dip my toes in a bit in the sale for pure fomo lol.

[lofty knoll]

There is a team article on medium! You can find the link in #🔗〕helpful-links

[lofty knoll]

For the NFTs

[idle terrace]

Basically. Lol

[white lotus]

dollar cost average???

[lofty knoll]

If you find people that are just here for a quick flip than great but I don't see a lot of people going to uniswap to sell hahaha just my opinion tho

[idle terrace]

I don’t care at what time I invest in something, I just care about being confident that it will go up from the price I’m paying and that will be different for everyone.

[runic hull]

Set amount of money over set amount of time, IE 5 dollars every hour

[lofty knoll]

You can't catch all the perfect bottoms

[white lotus]

Well, given the gas fees i would make it a more significant amount

but yes, just spread out buying so you can set aside your FOMOing nature

have a plan

that is the most successful way to invest

[idle terrace]

Yeah exactly. It’s all risk/reward. The balancer sale to me looks high risk. That’s just my take! No one has to or should agree with me. I’m a pessimistic investor in general lol.

It’s always a very new concept and it’s bound to have some hiccups and anomalies.

[quick cedar]

Sup guys what’s happening

Opening price of 100 dollars with a presale of 1 dollar? Is it April fools already?

[runic hull]

I agree, was just giving an example haha

[dapper holly]

Oh, it is definitely high risk. By definition, risk can be either positive or negative. There will be volatility in this sale. As has been stated again and again, wait for the price-point that you believe ILV is worth and don't invest over that amount.

[quick cedar]

What bloody price am I gna buy at? I have no idea

[quick cedar]

What do u think a good price is bro?

Like what price would u be comfortable buying your whole stack at!

[strong terrace]

Vote for 40💌

[gaunt wadi]

1 MILLION DOLLARS!!!

[white lotus]

a good price is finding other games that you believe to be of the same eschelon, look at their market cap and then apply it to this game and the supply of tokens

[dapper holly]

I can't say what is a good price for you. My wife and I have a target, but I won't discuss it, don't want to influence anyone else. By necessity, we are in the middle of a large move, we have to be conservative

[gaunt wadi]

https://tenor.com/view/dr-evil-gold-member-one-million-dollars-gif-5706036

[quick cedar]

I might have to sell my house to buy one ilv at that rate

[quick cedar]

My wife and I have a target too. But it’s to order some pizza and garlic bread so we’re still very confused when it comes to ilv pricing.

[worldly violet]

Thats where my rational is. AXS mc is at 175m. I dont play axie, but I'm dying to play illuvium..

[runic hull]

All I'm saying is the market cap of ILV is minimum 1 quadrillion

[worldly violet]

Atleast.

[quick cedar]

Low estimate but I’ll take it

If this takes off like Pokemon, we can all retire on an island somewhere in 3 years guys. Just keep that in mind.

[white lotus]

doesn't even matter what you buy in at at that point

consider the value of ILV converted into gameplay and NFTs

consider the value of governance

too many factors to just say if you think the company is worth 100m

just my take

crazy potential

thats what im buying

potential

[worldly violet]

Yeah ILV is a yield generating asset. That can be assigned to a whole host of other applications.

Will be*

[quick cedar]

Price matters as much as how many tokens you’ll get. If the price is 10 dollars vs 100, my stack of ilv will vary greatly because my investment amount is very specific. I just wanna get the best option I can because I know this project is gna sky rocket.

[white lotus]

absolutely

[lofty knoll]

I agree with that statement

[white lotus]

have a price that you think is reasonable, DCA if you can, know when your emotions are making you make bad decisions

[runic hull]

Always making bad decisions regardless 😩

[worldly violet]

Hard to Dca if your a smaller buyer because of gas fees /:

[white lotus]

not financial advice

[white lotus]

agree

[torn patio]

im interested in how the 'points' from the balancer sale will work, what willl be available to buy with these points, and what the implieid value of the items purchased with points might be

also a Diamond ranked TFT player so love auto battlers, TFT especially

no brag.

[lofty knoll]

We are waiting on more info on that

[white lotus]

Participants in the BLBP will receive various promo NFTs for purchasing early, in large quantities, or both

is that statement enticing enough to spend more in the beginning, or smarter to wait for the hype to die down?

[torn patio]

it should definitely be worth to buy in the first 3 days during the 'points' period

[inner topaz]

https://illuvium.medium.com/5-illuvium-dream-team-weve-brought-in-worldwide-talent-to-make-a-damn-good-game-340bbd6c6e70

[torn patio]

ALICE sold off within 3 days, I expect ILV to do the same, level out after a couple days

[lofty knoll]

That is not the case anymore. The early thing

[white lotus]

just participating puts you in the pool of potential gains then

?

[torn patio]

i dont think thats true

[white lotus]

quantity is still a factor

[spark siren]

Since there's a few ingame mechanics that involve eth (like the shards) i hope that the game won't become too p2w

[torn patio]

same here, p2w wouldnt work for a genre like auto battler

if they make it too p2w, nobody with skill will want to play, ruins the fun of it

[lofty knoll]

Yes

[spark siren]

Yup

[lofty knoll]

The ranked arena is normalized and you don't need to spend a lot to have a good team

You only need 1 Illuvial of the line to have access to the 3 in the ranked arena

[round grotto]

Ok so I still didn't understand where can I buy ILV..

[white lotus]

balancer sale starts on the 30th

[round grotto]

What is balancer? And what are the conditions I need to meet to be able to buy ILV?

[runic hull]

Just hold some eth

[lofty knoll]

Dm.

[spark siren]

Yes but if there's a whale that comes by and buy a lot of the best shards in the market (ultra balls) and f2p can only access the lowest rank (poke balls) then in no time there will be a huge gap between the players

[runic hull]

https://balancer.exchange/#/swap

They'll have a link to the IDO soon, this is just the exchange so you know

[white lotus]

there will be different tiers of players and the gaps between the first couple and the peloton if you will may be significant, but there will be a vast majority that is equally competitive

p2p games only survive so long

no intelligent development team would ever create a game that caters to p2p

unless they were already working on the next project to abandon the current

its a worse system than fiat

.>

[west notch]

as long as there is a grind option it works tbh

[inner topaz]

This is old though, we've added a few more freaks. To name drop some of the projects they have worked on you've got:

Lord of the rings
Bio shock
Witcher
Spiderman
Starwars
Ubisoft
Avengers
Guardians of the galaxy
MIB
Wrath of the titans
World of Warcraft
League of legends

Brands

Toyota
Mercedes
Qantas
Samsung
Cadbury

and so on and so on.

[west notch]

if all elements of the game are accessible to people who play for free it’s fine

if it locks people out that’s bad

paying should always be an option from a game design standpoint

League does that really well

[white lotus]

nobody should be given the game

[west notch]

[white lotus]

gotta work hard or make your money work hard for you

we're all here early, and thats the best time to show up to the party

the people that are here chit chatting in a year

will be doing well

i feel confident about that

[spark siren]

Yes, of course the difference between a spender and a non spender should be the speed in the progress of the game, but if there's no break maybe at the beginning it will pass unnoticeable but for the long term it will hugely affect the game, specially in a nft based game where the later you start to play the hard it will be

And having a balance in this isn't that easy to get

[plain delta]

League is a non blockchain based game. Nothing you get in league can be sold.

In the blockchain space, since you have total control of your assets it is completely different. If we allowed free to play players the chance of winning the rarest things, then bots fill it instantly and that rare thing now has a value of exactly $0.

It's very hard to get into the headspace of exactly the differences between the two but people, strangely enough, should WANT to pay for the things they get in game. Ideally it should be a combination of paying, time spent, and skill. When you combine those things, you have the potential to create appreciating assets because they can't be gotten easily.

The key here is to make things appreciate in value. Who knows if Illuvium will succeed in that. But it's been set up to do exactly that.

[spark siren]

Yep, that's part of the strategy of the game and what probably becomes meta and counter meta

[west notch]

interesting, so the question then in this case is what is the minimum barrier to entry right? because on one end you don’t want it to be cheap enough to spam the place with bots and the other hand you can’t price out players who can’t/won’t spend more than $50 on a game

because at the end of the day you need players to play

[plain delta]

Unfortunately it CANNOT be the only differentiation in a good block chain game. Imagine if you collected Pokemon cards and the only difference was some people take longer to get the whole collection because they get cards for free, while others pay for them. INSTANTLY almost everything in Pokemon TCG goes to a value of zero.

Paying for packs of cards is a requisite function.

[spark siren]

I understand, i didn't mean that was the only difference, but one of the main, and now I get it, i can't see a blockchain game with the same logic of a normal one because some stuff in here can get insanely price because of their rarities and obviously the ones that should be able to get those must be ppl who invested time and money trying to find it

Srry if I bother, but where I can read/watch that part of the gameplay

[earnest tundra]

I think the lowest barrier of entry is going to be the travel fee. I think as long as you can pay that then you can get into the play-2-earn system. You may have to grind with mining shards, then paying to finish, but that should significantly reduce the barrier to entry. Someone correct me if I am wrong

[final stone]

do you guys have any economists on the team? FWIW https://www.polygon.com/2015/7/6/8901699/valve-economist-greece-debt-crisis-tf2-dota-2

[barren scaffold]

They do!

[spark siren]

Yeah, i watched most videos/trailer but didn't know the specific of the ranked arena, probably i missed in some of the interviews or is wrote it somewhere in the medium articles

So fusing the same illuvial is what make them "grown" to adult form right?

[lofty knoll]

Yes you need 3 at a certain level

[spark siren]

👍

[plain delta]

Illuvium has free to play elements. You can travel all the regions. You can collect all the base classes and affinities. You can fuse, etc... Basically the free to play is about learning the game.

In Pokemon TCG terms this would be like getting some basic cards for free from the store. Anyone can get them. In Illuvium it still takes a bit of time to get those free elements, but that isn't the point.

If you want to play a tournament and win, you are going to have to have some cards. I have tried to design it so that you don't need to have much, but there is a limit to that.

[plain delta]

Yes. One of the Core Contributors has a degree in micro economics.

[west notch]

gotcha no that makes perfect sense from a game design standpoint, you're trying to preserve rarity and competitiveness but also offering a gateway for newbies to get "hooked" which is great to hear

[spark siren]

Ok, so that was what you meaned early on in the AMA

[plain delta]

The 'get them hooked' mechanic is pretty cool, in my opinion.

[plain delta]

Probably.

[spark siren]

Hope it all workout right as planned

Thx for answering my doubts

[idle terrace]

I have to give Aaron credit. He’s done a great job at combatting all my doubts thus far 😂

[worldly violet]

The brothers mean buisness

[strange wharf]

The handsome guys

[lofty knoll]

I have tried all day man

😔

[worldly violet]

Your efforts don't go unnoticed haha

[arctic stream]

i know there was a poll a couple of days ago, have you guys decided if balancer sale will happen using eth or stable coin?

[lofty knoll]

ETH :)

[spark siren]

Both but looks like eth will be the paired one so around 0.3% less fees

[tiny ice]

Hello, how do we get into airdrops?

And what is the purpose of holding a holo rhamphy on opensea right now? I bought one on a whim

[tame solar]

ahhh something to dull the pain

the markets are not so hot broquistos

[inner topaz]

hodl for years

[tiny ice]

Thanks, what do you mean by 'number go up'? Like the stats for the game?

[tame solar]

holo rhampy is a store of value

way more secure than BTC

[tiny ice]

Ah! Ok will do

[chrome topaz]

only just realised its an australian team

[inner topaz]

That promo NFT will never be minted again. Ever. So when people are capturing normal in-game nft's, even the holo ones, I'll even say the Dark Holo's. Yours will be unique, and massive fans always want the most unique. Hence Ami's comment of Number go up

Go check the illustrator version of the genesis Pika

[tame solar]

Up Only

[chrome topaz]

hey kieran have you worked at any game companys before this?

[inner topaz]

This price is due to its rarity. But I remember growing up thinking fuck the illustrator cards suck. But Now! God I want one

[chrome topaz]

my brothers a game dev and did the artwork fruit ninja back in the iphone app craze with halfbrick studios

[chrome topaz]

jesus

3 million

[inner topaz]

I have not. But send your brother our way

I'm not comparing us to pokemon, just about the concept of "promo cards"

[chrome topaz]

i understand

Are you looking for more nft artwork?

[karmic lichen]

holy hell

[tame solar]

when i talk about this game to my normie friends I have to use pokemon as a comparison 👀

[karmic lichen]

that is a lot of dough

[heavy knoll]

can someone tell me what BLP stands for?

[inner topaz]

We are similar, so it's a good gameplay comparison, I just didn't want people to take what I'm saying out of context and think that I am comparing our scale to theirs. That would be ridiculous. Do we want to be the new age pokemon? Yes. And I think building it on eth makes the most amount of sense

[inner topaz]

Balancer Liquidity Pool

Sometimes I drop the the additional b from BLBP.

[heavy knoll]

oh ok

[chrome topaz]

@inner topaz I pmed you

[tame solar]

its already a one-up when youre playing a character that isnt 10 years old

running away from home

[chrome topaz]

the future of gaming is on blockchain. one of the things that I'd like to see in the future is unhackable games and unbottable games

I think blockchain will help fix this

[heavy knoll]

@inner topaz sorry im new here, is there any date for the launchpad distribution?

[tame solar]

March 30th

[heavy knoll]

thanks

[last bolt]

5 days to go. lets go baby

[idle terrace]

Man ethereum tanking has brought another element to this balancer sale. I don’t keep ethereum normally so trying to maximize the amount I can get by the 30th. I think I’m gonna need a vacation after next week lmao.

[exotic pollen]

I really hope this doesn't get rocked around by hype and pump and dump or whatever. I wanna play the hell out of this game haha

[idle terrace]

My average right now is about 1620 with about 50% of what I’d like to invest in illuvium.

[spark siren]

https://tenor.com/view/crap-how-did-i-blow-the-entire-budget-confused-how-chief-randall-crawford-gif-16804819

[red geyser]

Who knows how old they are. Plus they definitely not at home anymore.

[exotic pollen]

do we know what the roadmap is for the game launch/ beta? most people just focused on the token

[brisk linden]

Hi

[harsh crow]

Hello!

[brisk linden]

https://tenor.com/view/gorilla-monkey-ape-thumbs-up-good-gif-15355762

[spark siren]

Launch Q3 this year, rest in Q2

[harsh crow]

https://tenor.com/view/keen-im-so-keen-excited-happy-stocked-gif-12119902

[runic hull]

Wow we're spoiled with content on this blessed day, thank you team 🙏🙏

[plain delta]

The Core Contributors come from literally all over the world. Except Antarctica.

[exotic pollen]

great! thanks a lot. I'm going to look into how I get more involved to rank up and hopefully get on the list for beta 🙂

[chrome topaz]

@plain delta So can artist work remotely?

[plain delta]

Of course. Everyone works remotely.

[chrome topaz]

@plain delta pmed you

[red geyser]

I mean does illuvium even have an office space or is that basically just the Warwick family table?

[dim prawn]

Will the team add liquidity to uniswap after the presale event?

[red geyser]

https://tenor.com/view/laugh-lol-chuckles-funny-gif-5104045

I still need to watch it

[rain beacon]

Sorry if this is answered somewhere already, but how can someone invest in this project?

Thanks, will take a look

[candid smelt]

Morning all

It’s a great day to be alive

[inner topaz]

We're working on that, though.

[plain delta]

No.

[white lotus]

im out, ill try to catch up one 3% of the discussion i miss when i come back, epic novels

[inner topaz]

We will soon 😄

[tame solar]

all i saw in the recent AMA was kieran's serious face

[sinful edge]

what is everyone doing on this wonderful late night NFT night? l;o

[inner topaz]

lol, that was two days running on 2 hours sleep face

[kindred hatch]

save the date 03/30!!!

[red geyser]

It’s time to remodel the Warwick family basement. All jokes aside I’d love to work on a project with my brothers. We’ve talked about it before but never made it happen.

[raven echo]

lol respect i could never get anythign done w my siblings

[inner topaz]

lol, it has its ups and downs

[red geyser]

https://tenor.com/view/bad-ass-bad-baby-elder-brothers-push-gif-15557451

[tame solar]

middle one is kain

[red geyser]

This discord seems to think @plain delta is the mean one. 😂

[ionic pawn]

So just so im fully prepared, we will need eth to trade for ilv?

[red geyser]

Yes

[ionic pawn]

Ok cool, I'll be all ready to go then :)

[karmic lichen]

Yep

[red geyser]

And a proper wallet

[finite hawk]

Any ideas on the next airdrop?

[inner topaz]

Let's see him try and push me over now though 😛

[inner topaz]

@neat raptor You hear that? @plain delta is the mean one 😆

[lofty fox]

haha yeah hes a big meanie.. like to all us.. teasing us hours on end an whatnot.. hahahaha

[inner topaz]

The trick is to ignore him

[red geyser]

Sanwibe is definitely who I was quoting

[lofty fox]

hahaha

[lofty knoll]

Too hard! The riddles are so much fun

[smoky quartz]

where to buy?

when ico?

[marble oyster]

Ido 30 march balancer

[glad salmon]

I know pokemon was the biggest one back then, but i still see this more like digimon

thanks to creatures being able to evolve

[inner topaz]

Pokemon's evolved?

[marble oyster]

That's what they wanted you to think...

[inner topaz]

lol

[marble oyster]

Thanks for the new article

[last bolt]

Is the preILV will autoamtically swap to ILV before the IDO?

[quasi nest]

The LBP starting and ending price range anyone? (doesnt say in the article)

[smoky quartz]

wait so where do you buy it?

[quasi nest]

https://illuvium.medium.com/18-illuvium-balancer-liquidity-bootstrap-pool-starts-tuesday-march-30th-15-00-utc-fcfd6f3f54d8

[main path]

How to participate in airdrop?

[smoky quartz]

wait so it starts high then declines

so might as well wait till it declines

or is there like some limited amount or something

[marble oyster]

All in the article just posted in announcements

[smoky quartz]

how long will it be available on the balancer?

[marble oyster]

3 days I think

[main path]

What is the total amount of tokens？

[brave current]

10m and 1m of that on balancer

[marble oyster]

If people start buying immediately it will not go down. It people wait it will. Up to you and you only what to do

[smoky quartz]

ohh i see

but if it stays at a the high cost

everybody can pick it up at that high cost within the 3 days?

[marble oyster]

Until the one million tokens are sold

[smoky quartz]

we wont know the price of it starting right

[fervent jackal]

i think it will sold out fast

[marble oyster]

100 dolla

[smoky quartz]

so they estimate 100mil

[marble oyster]

If council approves it

[smoky quartz]

thanks for your help mindstorm!

[marble oyster]

No problem

[main path]

What is the total amount of tokens？

[marble oyster]

10 million see here https://illuvium.medium.com/9-tokenomics-launchpad-and-reward-details-5894c3b356be

[gloomy ibex]

The new article has ```Exclusive Illuvium BLBP NFTs

At the end of the bootstrap, the amount of ETH used for all purchases converts to points at a rate of one point per ETH. ``` I thought the original was per $1

[marble oyster]

I will have 0 points

[kindred hatch]

Are rewards from farmer locked for 12 months for everyone?

If you stake and lock for 12- months... your last rewards will be unlocked in 2 years?

[candid smelt]

Morning all

[lofty knoll]

Yes they are locked for 12 months

[glad salmon]

sorry i mean like combination evolution

[candid smelt]

fusing

[gloomy ibex]

Exactly the reason per dollar. So smaller purchases could still qualify for some rewards

[hallow halo]

Can we convert preILV to ILV?

[kindred hatch]

very interesting tokenomics. There will be little dilution I guess. 2 years is a long time in crypto haha

[kindred hatch]

I thought it was a point per ETH?

[gloomy ibex]

later after sale I believe, before staking

[glad salmon]

YES

[candid smelt]

If you are not going to buy ILV then you won't be eligible for the Balance Emotes etc, which is very logical and clear

[gloomy ibex]

I think they were refering to spending less than 1 ETH

[gloomy ibex]

Doesn't make sense per ETH for small investments

[candid smelt]

What i was reading, but maybe not most updated one, if 1 eth is worth 1800 dollars and you buy for 0,5 eth

its 900 dollars

which becomes 900 points

not sure if this is still the case

[gloomy ibex]

Correct, I'm just verifying it's the dollar value of ETH spent

[kindred hatch]

Exclusive Illuvium BLBP NFTs
At the end of the bootstrap, the amount of ETH used for all purchases converts to points at a rate of one point per ETH. These points can be used to redeem promo NFTs that will only be available for a short period of time following the sale. This applies only to those who hold all of their ILV purchases after the sale concludes until the NFTs redeem window is closed.

[smoky quartz]

ilv token to invest in the company
eth for in game points?

[candid smelt]

oke

[marble oyster]

it says one point per ETH in the article

[kindred hatch]

one point per ETH

[gloomy ibex]

That is what I am questioning, It was stated differently previously, possibly in the proposal or a post

[karmic lichen]

they said they will have rewards for all types of purchases, even small

i wouldnt worry to much

[kindred hatch]

TBH if your not buying at least one ETH worth you may get rekt on gas

[tribal abyss]

Is it possible for the price of ILV to go above, and even significantly above the starting price in the Balancer pool if there is enough buy pressure at the beginning?

[gloomy ibex]

understandable. Just trying to clarify rewards structure, as that is factored into decisions

[plain delta]

It's just numbers. It's cleaner for us to measure in ETH because there is no conversions necessary.

[kindred hatch]

yeah I agree

[smoky quartz]

illuvium is basically legends of runterra but crypto?

[plain delta]

Is there something I'm missing where say 1 point (1 ETH) can buy you some NFT, vs saying 1600 points (1 ETH) can buy you some NFT?

[vague breach]

@plain delta please check DM

[kindred hatch]

I think it is theoretically. Can one of the team members confirm.

[vague breach]

pls

[gloomy ibex]

Thank You. I think I understand where .8 eth would be .8 points, and some rewards may be priced at .2 points (just reference numbers)

[kindred hatch]

that makes sense, and here I forgot about fractions lol

[plain delta]

No, that's Gods Unchained, which you should also support. 🙂

[smoky quartz]

most importantly can it run on mac haha

[plain delta]

Plenty of BLBPs finish above the starting price. I honestly don't know the percentage.

[slim sonnet]

I think the confusion is from an earlier statement about the points relating to dollar value instead of ETH value.

[marble oyster]

they got my cheap ETH, you will get the expensive one

[plain delta]

Yes.

[slim sonnet]

Hopefully it’s at least 1 NFT per ETH 🙂

[kindred hatch]

@tribal abyss

[kindred hatch]

Thanks

[smoky quartz]

ouch

[tribal abyss]

Thank you ser

[plain delta]

That's fair enough. The reason we didn't do dollar value is because it requires a conversion and depends when in the sale you bought. All this stuff has to be developed and its easier and less confusing to base it off ETH, since that is what you are swapping.

[gloomy ibex]

It was thinking in whole numbers with the dollar statement, not decimals. makes complete sense now

[slim sonnet]

Makes perfect sense. At the end of the day we want high value and rare so 1:1 seems fairly good.

[patent valve]

Announcement says - 1 point - 1eth... what If I buy with less than 1 eth?

no points?

[marble oyster]

see above

[kindred hatch]

fractions

[gloomy ibex]

decimals, we were just wrapping our heads around it

[patent valve]

ah thx!

[plain delta]

Point cost still has to be approved but there wont be a whole heap of choices for sub 1 ETH purchases. And they obviously won't be as rare because most will be able to redeem them.

[patent valve]

ok so whale perks got it

[plain delta]

No, it's because gas fees make it not worth it to spend very small amounts.

[empty jolt]

Thought the initial was 1 point to 1 usd value

[gloomy ibex]

Read up a little bit, we walked it through. So no conversions needed

[humble dagger]

the website looks really slick!

just devil's advocate: generally gamers don't like pay to win games, just look at EA's reputation the last couple of years.
I wonder how they will react to a pokemon autobattler pay to win like Illuvium, now that they can play to earn and pay to win at the same time.

[bold narwhal]

Gamers gonna game

[gloomy ibex]

Not really pay to win, as rated battles are on equal footing regardless

[plain delta]

Blockchain games are different. We are free to play, pay to win, and play to earn all at the same time.
Does anyone else know of any other blockchain games that have all those elements?

[humble dagger]

Townstar?

[tame marten]

how is preILV going to fit into the balancer liquidity pool launch?

[scarlet surge]

they get converted to ILV after the balancer sale ends iirc?

[bold narwhal]

Yes unlike Aavegotchi where you gotta pay an arm and leg just to get a sniff

Disclaimer I have no arms or legs

[tame marten]

ah ok they will be converted. Got it

[scarlet surge]

yes 🙂

👍

[kindred hatch]

me neither

gme is a money printing machine

[idle token]

can we put preILV to balancer ?

[scarlet surge]

nope

[idle token]

so what to do with this preILV ?

[gloomy ibex]

When staking comes about, this is just the intial sale

[scarlet surge]

dont move ur preILV around

keep it in the original wallet in which you received the drop, and they'll be converted to ILV

[plain delta]

You literally can't move your preILV around. 😛

[scarlet surge]

oh ☝️ this 😅

[idle token]

I move it around in hardware wallet

the token stays in hardware wallet, tho

[scarlet surge]

it needs to be in the original eth address

idk how this works exactly, if u were able to move it to some HW, cant u just move it back to the original wallet?

just dont play around with your preILV guys, let it stay in the original address pls

and wait

for it to get converted to ILV

what this 👀 ?

[idle token]

burn address

[scarlet surge]

i mean you can find any private address if you have enough computational power and brute force

🙂

[plain delta]

There's actually a much easier way to crack it. Just prove P = NP.

[scarlet surge]

what's p=np 👀 sorry my 🧠 🔥

oh i googled

🥲 sorry for unnecessary ping

[humble dagger]

On the website, does anyone know the names of the first 2 major partners? 1 icon is like 10SG and one an F?

[plain delta]

In simple terms, it means proving that easy to verify problems are easy to solve.

It's how crypto is all built.

[scarlet surge]

i see, but i dont really understand 😅 will read up on it, but im gonna need more iq

https://youtu.be/S9JGmA5_unY maybe this video explains it

how do i remove the link preview? 👀

thanks 🙂

[brisk zenith]

When is this game going online?

[onyx marten]

how to get preILV?

[scarlet surge]

preILV was airdropped, there wont be any preILV anymore

[onyx marten]

when was it airdropped? i'm new here.. i don't know if i was eligible..

[plain delta]

Polynomial time just means that the time taken to complete some function is based on the input being raised to some constant power. (in put in this case might be number of elements in the set). Non polynomial time is where the time taken grows much faster as the number of inputs increases.

If there is some difference in growth rate you can just increase the input and eventually the two times will differ dramatically. SHA256 is an example of this. Verification for higher values is still quite quick. But solving goes up at a crazy rate, to the point of something taking longer than the time it will take for the universe to tear itself apart.

[scarlet surge]

i think February?

[scarlet surge]

thanks for explaining 😄 👍

[onyx marten]

ahh okay.. so i definitely won't get any..

[chrome topaz]

Hey guys will there be a player owned world? Where can purchase land and show off our illuviums on display and decorate our "pen" of our monsters to play in

[kindred hatch]

it already happened. You can buy in BLP 03/30

[kindred hatch]

that will be dope!

[scarlet surge]

unfortunately there wont be any preILV airdrops but there'll be NFT drops etc soon 👍

[plain delta]

One day.

[chrome topaz]

Not saying its reality. But we couls potentially see a dota2 market place where artists could eventually make cosmetics and the community can vote on what makes it onto the market place

Im excited for the future of this game.

[kindred hatch]

So many thing can be built in the future. Imagine a player owned auction house that pays fees to the owner every time something is sold

[kindred hatch]

100%

[stable magnet]

Hey guys! Seems like a great project, excited to join you all

[karmic lichen]

Welcome!

[kindred hatch]

Welcome!

[inner topaz]

Iosg and framework

[forest forge]

When i buy at the start for the 100$ price, will i have more ilv when the pool reach the rate 50/50?

[inner topaz]

Potentially in expansions

[loud pagoda]

No

[arctic stream]

maybe i missed it but how long will the balancer sale run for ?

[plain delta]

And the apart from one low risk one, they are all documentation issues or philosophy issues that they put by default on every audit

[plain delta]

3 days

[jagged spruce]

Hello, is the ILV bought from the sale have a time lock?

[arctic stream]

Have you guys disclosed or planning to disclose what the token price was for the seed round for the VCs?

[lofty knoll]

No they are unlocked and will be the circulating supply.

[lofty knoll]

3.3$ and 1$ for presale

[plain delta]

No.

[jagged spruce]

so it is tradable in uniswap or some exchanges after the sale? im planning to become a lp provider for ilv

[gray mist]

So we can choose between sILV and ILV for our staking rewards... can I change back and forth as needed? Have ILV as default but withdraw sILV on occasion to use in game?

[round python]

Is the preILV registration over? I think i fulfill the requirements but never interacted with the bot in the first place (Asking for a friend, of course..)

[plain delta]

No.

[plain delta]

Sorry, it's over.

[forest forge]

Is the start price for one ILV 100$?

I dont really get it

[marble oyster]

yes

[vocal girder]

This balancer thing is complicated the first time I read it. So you dont want to be the first buyer?

Unless you think $100 is fair value

[marble oyster]

or you don't care about money

[forest forge]

I was thinking 3.3$

[plain delta]

If you think the price is going to go above $100 then you would buy right away. If you think it is going to go down, don't.

[forest forge]

But why you set a high price how did you evaluated your company?

[vocal girder]

I think it's set high just to avoid ppl rushing in at the start?

$100 would at least make people think instead of aping in.

Although I think people will ape in anyhow.

[forest forge]

Yah the crypto community is crazy

[plain delta]

I'm sorry but I must have answered that question over 1000 times. Please look up just a bit. I'm sure you'll find the answer very soon, many times.

[forest forge]

Some whale can manupilated it

[plain delta]

Or just read the medium post where it is fully explained.

[lofty knoll]

I was gonna say.. godlike patience hahah

[marble oyster]

he lost it

[forest forge]

Yah sorry i will read it

[vocal girder]

Sorry about that just jumped in the chat. Will browse the history.

[forest forge]

Be Patient with me im not the young man

[scarlet surge]

check out #🔗〕helpful-links

[vocal girder]

One question for which search doesnt show me an answer - for the exclusive BLBP NFTs, is there a scenario where the NFTs run out and some ppl won't get any?

[vocal girder]

Will do. Thanks

[scarlet surge]

The full list of NFT’s redeemable in the BLP sale will be viewable in a follow up medium post prior to the BLP opening
from the latest medium post 🙂

[forest forge]

Now is eth accumulating selling all my shit nft for this one

[marble oyster]

https://tenor.com/view/cat-leek-stroke-pet-gif-3515830

[vocal girder]

Alright. Thanks. Would be nice if everybody got something. Participation trophy.

[crude sparrow]

https://tenor.com/view/angry-grandpa-got-exploded-by-diet-coke-and-mentos-on-the-face-diet-coke-mentos-outside-gif-15684291

[foggy arch]

Hello ppl, morning. Can preILV be converted to ILV at some point?

[scarlet surge]

after the balancer sale ends, given that your preILV is still in the original wallet in which you got the drop

[foggy arch]

Thanks man !! So, I would ask some of you if there is a problem with having ILV and preILV on the same address. You already answered that lol

[idle token]

Does 1 ILV = 1 preILV ?

[scarlet surge]

yeah ask in the server if something comes up, someone from the team will look into your issue if any 🙂

[scarlet surge]

yes

[subtle stirrup]

Which price do you think is average or fair?

Did they do?

😅

[prisma carbon]

good moning

[marble oyster]

there is already an exclusive leak in there

no should I 😄

[wind forge]

Are there any predictions what the price of ILV at 30th can be?

Because im not rly sure if start price is starting price of the 1 ILV token or start price that is required to participate to be able to acquire X amount of ILV.

So then 96:4 starting ratio that would move towards 50:50 would mean that token should be half the beginning price at some point?

Or I totally miss understood this? 😂

[tawny panther]

For people who intend to make large purchases in the LBP, it might be worth calling the pool weight adjustment function pokeWeights prior to your purchase (see https://github.com/balancer-labs/docs/blob/master/smart-contracts/smart-pools/liquidity-bootstrapping-faq.md#how-do-i-launch-a-liquidity-bootstrapping-pool)

[plain delta]

The weights will reach that by the end of the pool, guaranteed.

[tawny panther]

Well that's what they say in the balancer docs. I guess the amount is subjective and dependent on the TVL in the pool.

[inner topaz]

no.

We really need to update that tokenomics medium post @sage falcon

[oak tundra]

-ft set GMT+3

[compact radish]

User not found.

[oak tundra]

how do i do this

:D

[inner topaz]

I just leaked like a sieve in that AMA 😅

[severe breach]

Mornin lads and gals

God..so many things to catch up this morning

[plain delta]

you literally updated it today. 😛

[severe breach]

I just read the Medium about the BLBP and i have a q...the sale on 30 it's gonna be held on the Illuvium.io web?

Not on the balancer as per say

?

[plain delta]

Sir, the sale will be finished when it gets to 50:50 😛

[severe breach]

Y y i know Bal..but yeah that's what i ment..that it's gonna be accessible from Illuvium web

[marsh river]

done 👍

[plain delta]

Tenuous at best. But I'll allow that recovery.

[inner topaz]

You didn't complete the captcha you goose

[inner topaz]

The original tokenomics has the old weights im pretty sure

I watched you go in and out like 8 times

[marsh river]

yep thats what done means... fixed

[inner topaz]

Yeah, see @plain delta, I'm not crazy

I mean, that's usually what happens when you get banned from something, you aren't allowed back in 😛

[barren scaffold]

😅

Thank you for non halo Dash. Needed that

[strong terrace]

Good day all together :) how are you ? I ve been scard from presale xD 100% i do some wrong haha iam talented in such things

[marble oyster]

I liked the new pictures of the female character

[inner topaz]

It was meant to be the male one 🤦‍♂️

Too hard when you are solo on those things, they were firing questions at me. I actually really enjoyed that one

[jagged spruce]

uhhh 4chan?

[inner topaz]

No.

[jagged spruce]

hmmm that is hard indeed

[plain delta]

It’s not hard.

[jagged spruce]

hmmm.... okay??? well, can i ask for the previous clues of previous airdrops? just for reference

[plain delta]

Yes.

[hidden storm]

Can't wait to see $ILV on Binance

[jagged spruce]

Discord link will do, I really appreciate it, gonna squeeze my final remaining neurons to work ahahahhaa

[lucid sluice]

hey , I would like to contact someone responsible for community management 🙂

please send me a PM or tag me in a reply ;D

[jagged spruce]

yeh, i figured it, but maybe if we will compare the previous clues with the previous results, we can follow a certain pattern or something about how they put the clues

[white lotus]

Morning everybody!

[plain delta]

You asked if you could ask. 😉

[jagged spruce]

uhh then, can you link the previous clues from this channel? i cant seem be able to backread it from months before

[fierce hemlock]

to get a hint regarding the sale: what was the price for $ILV in previous rounds? thank you

[jagged spruce]

it is fun thou figuring it out ahahahhaha

[plain delta]

No. I don’t remember where they are.

[surreal lichen]

Guys

How much per token

[sage falcon]

Thanks @marsh river !

[hybrid finch]

are the emotes going to be tradable?

[surreal lichen]

How much

I cant read my internet so slow

Wow

100 each?

[reef nexus]

read the whole thing first

[surreal lichen]

Can you pls explain why so high

Cant read internet too slow

Yup i think too

[analog kestrel]

So the point of setting it high is to wait for drop ?, cause on XEND auction it started with 0.3 and went to 2.00 directly, so ur starting from 2 to sell from 0.3 or smthng else ?

[main cedar]

will balancer list the current price of $ILV as its changing?

[heady shadow]

How much is the pre-sale price?

[barren scaffold]

Yup

[spare ledge]

Is Illuvium a L2 token?

so transaction between IL and IL items will have lower txn cost?

[barren scaffold]

There won't be any gas fees to interact with the network once you're on L2

[spare ledge]

Do we need to transfer Illivuim tokens to a different network?

[barren scaffold]

You will create a wallet on IMX (L2) and send ETH to it, once there. No gas fees.

[formal oar]

Morninggg. Shoot I missed an AMA.

[spare ledge]

Do we need IMX to purchase ILV on March 30th?

[barren scaffold]

Yea we got screenshots.. @blissful bay 's putting something together

[barren scaffold]

ImmutableX is just the L2 protocol being used. There's no IMX token. ILV is launching on 30th.. have you read the tokenomics and balancer launch articles?

[spare ledge]

Oops didn't see the medium article

I'll check that out. Thanks

[barren scaffold]

No probs.. 🙂

Thanks Ami

[slender pelican]

Good Morning everyone. . . .AMA to catch up plus all chat. Everyone enjoy their day.

I am loving the emotes. Got a street art/graffiti feel to them!

Also, Thanks for the screen shots Ami

[chrome topaz]

so 1 million tokens at realease? if some how the price stayed at $100 dollars that would mean there would need to be an inflow of $100 million dollars correct?

to purchase them all

[slender pelican]

More I would imagine as the price would increase.

[chrome topaz]

it would be crazy if it ended up being 100 million dollar plus raise in the matter of 72 hours

i guess we shall see

im dcaing in

to get an average price

[formal oar]

If I did that, gas would eat me alive.

[chrome topaz]

well if you want to put in 50k

its all relative i guess

the most appealing thing to me is the revenue share

IM really big on value accrueal tokens

less incentive to dump

team more incentive to hold tokens and gain revenue

its great for the tokenomics

[formal oar]

Steady growth is niiiice

[chrome topaz]

if you want a coin thats gonna last in any market condition or deal better in bearish conditions

these are the ones you want to be involved with imo

[wooden isle]

will there be price updates on swap screen? seems like you have to preview a swap perhaps

[plain delta]

The people who designed it must be pretty neat.

[chrome topaz]

its amazing that I as a player can be directly invested. with my time money and even thought processes on the direction of the game. this is so exciting whats becoming possible

In 5 years youll be wondering why a game isn't heading towards this direction.

[wooden isle]

It is pretty cool...trying to keep expectations in check, but looking forward to getting in there

[inner topaz]

God, finally someone gets it!!

[arctic hazel]

Hey, any information on how to become a beta tester?

[pulsar salmon]

Gosh, I actually dreamt about the balancer launch last night. The hype is real 😅

[barren scaffold]

1 Illuvium dream? Those are rookie numbers sir!!

[quick spindle]

MOAAARNING ILV CREW 😄 🍍

[slender pelican]

Morning Rem! Have a splendid day. What a time to be alive everyone!

[gentle sorrel]

So it’ll be 1 point for each ETH you spend on the sale?

[slender pelican]

@gentle sorrel correct.... .5 points for .5 eth and so on

[gentle sorrel]

Ah alright

Hope stuff isn’t like 50 points then lol

[pulsar salmon]

1 is often the start of many! More will follow I'm sure

[slender pelican]

I believe there will be stuff for fractionals, however, more common emotes is how I read it.

[gentle sorrel]

I just want gangster squizz and I’ll be happy

[gloomy ibex]

Correct, but they said don't expect many rewards for low amounts.

[runic hull]

😂 🥴

[barren scaffold]

I keep dreaming about this place... https://illuvium.io/images/welcome-img.png

[gentle sorrel]

So is $100 the max price or could demand be so high that it pops up above $100?

Theoretically

[inner topaz]

The lowest price point should be obtainable for all. If not, I'd almost question why you are spending so little in a IDO

As in, not how do you not have enough money, why would you buy something with such a percentage going to gas

[inner topaz]

It should go down, but FOMO may cause it to go up. I really don't know. I hope people don't just ape in.

[foggy arch]

I think it will not go below $100, similarly to kylin IDO

I'm gonna wait a price discovery to set some purchases, I think it's the better strategy

the safest actually

[chrome topaz]

it would take a lot of money to finish the sale at $100 dollars id be calm about it

[gentle sorrel]

What price was the Kylin IDO at?

[pulsar salmon]

If wallstreetbets can pump a stock like crazy, the least we can try is to collectively wait for a lower price? 🤔

[foggy arch]

I dont think so, it depends of demand

[hollow tangle]

Yeah and people have to have some common sense. The Illuvium team set it at a high level to discourage bots. If they thought that their token was worth $100 right now then the starting price would have been much higher

[inner topaz]

The thing is I look at the active numbers in this Dicord and shutter to think about the potential FOMO. There are so many lurkers that are still active but don't chat

17.3K in 3 months or something. Pretty crazy

[gentle sorrel]

Oh there’s a big difference between 5 cents and $100 tho

[foggy arch]

$1

[gentle sorrel]

Well still

[foggy arch]

twenty times the presale

[foggy arch]

Ilv presale was $5

[chrome topaz]

66666 eth 1 million tokens at $100 dollars. if eth is $1500

[marble oyster]

to be part of something unique?

[inner topaz]

haha true. I gotta take my degen investor hat off sometimes

[quick spindle]

This. And I have to assume that many who aren't reading/paying attention may believe having ILV will be a requirement to play. That combined with the low supply may lead to some aping 😦

But you DO NOT need to have ILV to play the game y'all 🙂

[inner topaz]

Yeah that badge will probs be worth a bit. God I'm a moron

[marble oyster]

1500 dollars is a lot for crypto starters

[gentle sorrel]

Gas isn’t that bad, it’s $100 for fast gas at max

[inner topaz]

Its not even close to $1500

[gentle sorrel]

I mean not for me

[inner topaz]

I was talking about spending $100

That is like 20% gas fees

[gentle sorrel]

That’s 100% gas fees

[wraith thunder]

I love the project and hope I can enjoy hours of play. But I don't usually participate because I don't speak English.😔

[inner topaz]

lol

[tame solar]

Yeah and imagine Elon tweets about Defi during that time

is GG

[foggy arch]

You should see ppl complaining about the price on TG chat, without even knowing how does BLP work

[marble oyster]

that's why i say 1500, not to spend all on gas

[inner topaz]

You just did 😄

[pulsar salmon]

Gas fees kinda suck for my dollar cost averaging strategy I wanted to follow

[inner topaz]

That will get you something decent

[gentle sorrel]

Gas fees are terrible, eth2 can’t come soon enough

[inner topaz]

We have obviously got a mega tier, where if someone spends HUGE amounts they get a Dark Holo

[foggy arch]

I think after IDO Illuvium will be at top 200 MC

thats plausible

[tame solar]

Dark holo you say

this is the real alpha

[kindred hatch]

I just wanna play the game already

[foggy arch]

SAME

[kindred hatch]

hell yeah! tokenomics for ILV is off the charts

[quick spindle]

Ooh Chachacha!!

[kindred hatch]

Wish I got in earlier :/

stacking all week and consolidating for the BLP baby

[runic hull]

You're before launch man, very early

[kindred hatch]

wish i got in earlier hehe

5000 ILV airdrop

[runic hull]

Not to each individual haha

5000 total

[kindred hatch]

ohhh

that makes me feel a lot better

[inner topaz]

If the price ends up around the starting price we should start pulling out some of those old Discord messages where people were complaining their ILV would be worth $7

[quick spindle]

The end of the trailer was a dark holo, right? I thought it was!

[kindred hatch]

half a mil to each person based on $100 price point wouldve been insane

[runic hull]

Yep!

[inner topaz]

mmmmm its not the final

[gentle sorrel]

So are those emotes NFTs too?

[runic hull]

Oh???

[tame solar]

price of 100 dollars per would make me extra sad i didn't win the retweet raffle

[inner topaz]

Its a WIP

[runic hull]

Dayuuuum

[kindred hatch]

whats dark holo

?

[gentle sorrel]

I just want gangster squizz and that’s it

[tame solar]

a rare version of holo

[inner topaz]

So much R&D went into those Holo's. Like, ridiculous amounts

[runic hull]

Theres holo then dark holo. Fuse 3 holos to get dark holo

[kindred hatch]

whats the highest rarity?

[runic hull]

Dark holo

[kindred hatch]

oh nice!

[gentle sorrel]

For now at least

[kindred hatch]

thanks for answers

that makes sense

[runic hull]

As far as we know 😅

[inner topaz]

Imagine if you found a dark holo and had a low tier shard and you didn't capture it and you were streaming it on twitch

[gentle sorrel]

I’m waiting for Legendary Holo

[runic hull]

Ragequit fuel

[kindred hatch]

Gotta catchem all!

[inner topaz]

I'd break a keyboard for sure

[runic hull]

Stock up on shards folks!

[tame solar]

I would stream it in discord

[marble oyster]

https://tenor.com/view/breaking-computer-smashing-computer-gif-11992135

[tame solar]

and then go cry

[inner topaz]

The funniest would be if someone had like 100 shards, all low tier

[kindred hatch]

while live on twitch

[inner topaz]

and he tried 10 times over, then he fled

[tame solar]

https://tenor.com/view/embarrassed-sad-cry-interview-gif-4477593

[kindred hatch]

https://tenor.com/view/ffs-baby-really-oh-god-just-stop-gif-12739180

[marble oyster]

i saw that one

[runic hull]

10 times attempted capture confirmed?

[kindred hatch]

^

[gentle sorrel]

Hope there will be a master shard or something lol

[kindred hatch]

master ball shard

[runic hull]

Where?

Huh?

I thought that was a known factor that you could encounter fused illuvials...maybe not?

[kindred hatch]

seems like you can encounter anything

it would make sense

[inner topaz]

https://tenor.com/view/well-then-homer-hid-in-bushes-gif-13481888

[runic hull]

If you can encounter dark holo then definitely

[kindred hatch]

prolly just extremely unlikely

and then you gotta factor in being able to capture

[tame solar]

the only dark holo I would ever qualify for is the LBP dark holo

im being realistic here

[strange wharf]

how many tier of shards in the game, only 2? low and high

[quick cedar]

Guys I’m a high ranking member of the illuvinati. Just let me know what secrets you wanna know? Moon landings, mandela effect, truth about space, extraterrestrials, Rothschilds etc? Just let me know and I can assist you. Only until the sale is over though

[runic hull]

Moon is a sky light, earth is flat. Your welcome

[quick cedar]

I know that already mate. It’s amazing to find someone who actually understands me. First time I’ve found that in crypto

[wooden isle]

tell us about ETs...I heard they might be in-game?

[gentle sorrel]

Down is up, up is east

[quick cedar]

It’s obviously flat. The moon is its own light source. The sun isn’t 93 million miles away. It’s the same size as the moon and far closer than the 300k miles away the moon is purported to be.

[runic hull]

Folks like us are built differently, constructed abnormally, assembled curiously if you will...

[quick cedar]

2 eggs in a French omelette with mushrooms, garlic and some onion. One piece of whole wheat fresh made toast. 1 serving of freshly churned butter and a dollop of marmalade. A green tea infused with anti-oxidants and other rare medicinals.

[runic hull]

Good for queen B

[quick cedar]

I get it bro trust me. I’ve been deep in this scene for ages. It’s just nice to meet someone who also gets it.

Eric Dubay for president

[gentle sorrel]

Kieran for president

[quick cedar]

There is sacred geometry in everything we see around us. Fractals determine the very nature of your world and you’ll find repeated geometrical patterns throughout the universe. The mandala symbol is a good example of this. It’s all coded from day one, hint. Our symbols are simply a representation of our beliefs encoded within an emblem that all our brethren can use for enhancing their sacred gifts and abilities.

[gentle sorrel]

Is this canon to the game?

[rough folio]

Hi Kieran. In your latest post about LBP parameters on Medium you gave info that starting weights are 4%-96% with 1M tokens and price 100 USD. Do you know that in this case you have to add 4.17 million USDC in pool?

[quick cedar]

All that being said, I still fomo into crypto projects. Illuvium will be no different.

[analog solstice]

español?

[marble oyster]

I thought you knew

[quick cedar]

The most hidden in plain sight aspect of our reality. The 1950s ushered in the likes of Roswell and the crop circle phenomenon but their presence has been misunderstood. They’ve been here since the beginning. The real secret is that they don’t come from other planets at all because those planets don’t exist. They come from lands beyond Antarctica. Very real and perhaps encoded into our reality by a Morpheus type figure. Research the mandela effect and all will make sense. Aliens are just a small part of this illusion meant to distract us from the real truth.

Even they wanna get their hands on some illuvium. Truth!

[chrome topaz]

i love your ideas but we dont know these things for sure

[inner topaz]

Shit

[inner topaz]

I kid, yes I know the required capital, I wrote the proposal 😛

[quick cedar]

Thanks for the kind words. I expect no one to believe me nor any other truth to be derived from my posts. They are simply based on my own personal research which by virtue of being anecdotal cannot be accepted as truth. However I promise you’ll never find anyone on this earth who has dedicated as much time and effort as I have to researching our world and the meaning of our existence.

[inner topaz]

Thank you for pointing that out though. It gives me some faith that some people do read XD

[inner topaz]

Competitive and big brained.

[rough folio]

Maybe in this case it's more fair to launch with price 10 USD and 417k USDC? I think you can do it 🙂

[chrome topaz]

@quick cedar i pmed you 🙂

[tame solar]

Ami anytime past midnight you gotta time out Kieran

Force him to sleep

[wooden isle]

I read good...went to the Center For Kids That Can't Read Good, it made a big difference for me

[tame solar]

Or make all alt account

[chrome topaz]

and can do other stuff too right?

[rough folio]

And another question: do you find it's fair to launch with price 100 USD when pre-seed round was 1 USD? Starting 10 USD seems to me quite good and reasonable

[inner topaz]

The council has already voted. We are a decentralised organisation. I cannot reverse their decision.

[chrome topaz]

shaloput

it says in the medium

not to buy in straight away

[tame solar]

Look at $CONV and tell me how that is fair

Lmao

[chrome topaz]

and be paitent

the price adjusts overtime

and when you feel comfortable you buy in or not

[sage falcon]

You mentioned "points in the BLP" @inner topaz . Will people get these points based on $ spent or based on ILV purchased. Like if I buy 1k ILV for $50k, and someone else buys 1k ILV for $25k, would they get the same points or would the $50k spender get more points?

[inner topaz]

And can you justify why you think it should be $10? Do you know how BLP's work? You clearly don't know the price of the seed...

[inner topaz]

ETH spent. So essentially, yes.

[red crater]

damn those leaks

I'm in loveee

[autumn plinth]

birb

[inner topaz]

Lol, I think the shoey is a bit dull

[autumn plinth]

it's a birb

[inner topaz]

But I guess you gotta have some non fancy ones lol

[chrome topaz]

got me some monster hunter vibes

[inner topaz]

I mean that is the stage one... it doesn't get any cuter as you know...

[rough folio]

Believe me - I know how it's working for now. You will not see the price below the starting. Because there are a lot of hype. Look at the last LBP - DORA, XEND, HydraDx, Hopr and you will see what I mean.

[sage falcon]

@rough folio if the starting is $100 are you saying it wouldn't be below 100?

[inner topaz]

Then that is what the market is willing to pay. We can't stop people, we can only warn them. And we have done so several times

[quick cedar]

I shall pm you Ami. I like your questions. It’s healthy to be skeptical because the truth would blow most people’s minds.

[quick cedar]

That promo video warned us all as to the potential of illuvium. It’s the best looking game I’ve ever seen. Straight up.

[sage falcon]

@rough folio nothing ever happened with HydraDX so what relevance does that have with what you said

[rough folio]

It's working for projects which propose high but reasonable price and not extremely high what I see here.

[inner topaz]

Thank you!

[quick cedar]

It definitely will. We just have to choose what price is acceptable for us to get in. It’s gna be an interesting 3 days that’s for sure.

[tame solar]

It is definitely not cute to me. Sorry lol

I would run from that creature

[inner topaz]

It's disgusting

[tame solar]

It’s looks like rhampy’s lunch

[inner topaz]

lol, Jurassic park

[vagrant wasp]

That Bird looks like a Illuvium which would piss off many in PvP

[inner topaz]

Maybe that can be the mini game

Keep your illuvial from turning into Rhamphy's lunch. And collect coins avoiding him and his fire breathing

[final stone]

oh dope

[quick cedar]

I think it’s better we don’t go for cute characters. They appeal to an entirely different demographic of players mostly below the age of 10. The meaner looking characters are far more exciting and intimidating.

[vagrant wasp]

You need at least one character which irrationally pisses off many people

[ionic pawn]

Sooo, $100 starting price for 1 ilv???

[inner topaz]

I'm pretty sure its rarish. Aaron loves it so it gets a bump. Still can't get his Kangaroo though. No one is on board that 🚆

[quick cedar]

Sounds great. I look forward to discussing more with you. Will respond in detail via pm when I get done with my online poker session tonight.

[quick cedar]

Precisely. Like an M Bison from street fighter or a bowser from mario. You need those bosses to elicit a passion to beat them.

[barren scaffold]

I got 20 quid I can lend ya mate

[tame solar]

Bomberman minigame

[inner topaz]

That's what VN says

He also wants a really useless looking one

like a slow poke style

[quick cedar]

With massive physical strength but just mad slow lol. Like a sloth type character.

[sage falcon]

My idea for a minigame that builds on top of the autobattler. Luck be a Landlord if anyone is familiar. Slot machine roguelike. Basically the idea would be to make each of the tiles on the board a reel on a slot machine. Each round you spin the wheel, and your Illuvials get bonuses based on the symbols rolled by the slot that round. After each round, you choose from a selection of new symbols to add to your slot reels. Effects like "for each adjacent flame symbol, Fire Illuvials deal 20% increased damage this round" and stuff like that. https://www.youtube.com/watch?v=KPiEQyBtMK8

[tame solar]

Seriously tho it’s like 1 AM Kieran

[sage falcon]

Hes usually up til 4am lol

[tame solar]

https://tenor.com/view/night-goodnight-haggard-gif-4301725

Gotta time him out at that point

Lol

[turbid thorn]

Is the marketplace accessible?

[quick cedar]

I think we’re all night owls lol. I can’t remember the last time I slept before the sun rose.

Ahh I miss Tom and Jerry so much. My favourite as a kid. Times were so simple back then lol. Btc wasn’t even invented yet.

[inner topaz]

Alright, I gotta get some sleep. Delphi podcast tomorrow 🥳

[quick cedar]

Oh great. Good luck for that boss! We can catch it on YouTube right?

[rough folio]

You told me that it's was you who wrote a proposal. So it means that you have proposed to evaluate entire supply at 1 bln. Why not 10 bln? And of course you cannot say that it was a council's decision to accept it: councils will always vote for that - they have economic reasons for selling their tokens as high as possible. This is your goal to make reasonable evaluations and not rekt usual people who will really use your protocol and game. But instead you have just decided to give a lot of profits for VCs and influencers.

P.S. I like an approach of Uniswap. They had 1 bln evaluation when almost everyone in crypto had used it.

[tame solar]

ummmmmm

[vagrant wasp]

I agree with Aaron of this

Lazy Illuvium is best Illuvium

(Pro wrestling reference upcoming)

People eat up Orange Cassidy, he's the best

[inner topaz]

I'm not 100% sure of the format. If it is live or not. But I hope I can conjure up some juicy conversation about governance. Those guys are so much fun, and they have so much crypto knowledge it's ridiculous. Usually I would do 4am but I'm going to force myself to sleep today. Too many late nights 😅

[quick cedar]

Get some good sleep mate. I’m sure you’ve been working round the clock for a while. Big days ahead. Looking forward to checking out the podcast when it’s posted.

[sage falcon]

Ill find out for you now if its gonna be publicly available right away or if its sub only like most of the pods for the first few days.

[rough folio]

It's not important if they are unlocked or not. I'm talking about all valuation.

[sage falcon]

And have you thought about how that supply comes into circulation? Like the huge amount that is set aside for liquidity mining, which can be farmed by ILV holders who buy in IDO for the first 1-2 years when VCs still have their tokens locked? TVL is a meaningless stat because theres an infinite number of ways the locked supply can enter circulation. How they enter circulation is what matters, and in this case a large portion of the locked rewards are being shared directly with ILV buyers in the BLP through their staking, and players through play to earn and toruney rewards

@rough folio valuation is determined by what people believe in fair price if you read the tokenomics you would understand it makes no sense people would want it higher than $100 at first

[undone onyx]

We need some combination of lazy and annoying lol, it can't be a Snorlax knockoff but it can't be like wobbafet level annoying

it's all market driven, nobody is setting any pricing lol

people are already panicing

chillax

[thin ivy]

Hey guys, just saw the new post. 1 Million Tokens will be sold and price starts at 100 Dollar. Lets assume price drops to 20 Dollars (which is unlikely) market cap will be still over 20 Million, if its 50 DOllar + it will be 50M market cap after public sale, isnt this abit too much? thanks for replies 🙂

okay thanks for your reply

its just that i participated in some presale and most of them had a marketcap around 1-2 million and dropped heavily once its listed but i understand that the hype is real and its probadly not comparable

no its okay 🙂

sometimes its hard to see the difference when you are a noob and dont know what to look out for, but good to have a helpful community

[scarlet tinsel]

all of the medium articles are a great source of information.

[sleek acorn]

How long is the sale? When does it end?

[worldly violet]

72 hrs

[red crater]

read the f'ing medium post first dude

[wheat marsh]

https://illuvium.medium.com/18-illuvium-balancer-liquidity-bootstrap-pool-starts-tuesday-march-30th-15-00-utc-fcfd6f3f54d8

[worldly violet]

I keep trying to meme in here but discord tells me no 😆

[plain delta]

The core contributors are trying really hard to make a great game, and I personally believe the tokenomics are being slept on by many, but each person should do what is right for them. Also if not all tokens are sold (which is common) then the circulating supply would be even lower since those tokens would be locked back in the treasury.

[main leaf]

no incentive to buy for small buyers thats the only thing. even tho u dont need to own ILV to play the game some people will feel left out

[sage falcon]

@main leaf what is your definition of a small buyer?

[main leaf]

under 1k

[sage falcon]

oh

i guess i'm a little bit over a small buyer

[lofty knoll]

@inner topaz Did you guys changed your color

[gloomy ibex]

He's off to bed

[plain delta]

How do you know this?

[main leaf]

small buyer = bag gets lost in fees later on staking fees etc. u cant really stake/yield farm etc wher the real profit is

[sage falcon]

So for the Delphi podcast, we will make it public either the day before or morning of the sale most likely. A couple days of exclusive content for our subs because thats what they pay for, they get all pods in advance of everyone else, but you will all have time to digest the podcast before the sale begins. This isnt final, just whats being thought right now.

@main leaf i mean as long as you have more than the fees i would say it's fine obviously if you have a lot more money fees aren't as much of a worry but then again anything can happen

[worldly violet]

The benefit from having ILV if you play the game i think out ways what you will have to pay for fees.

[plain delta]

Aside from me personally engineering ETH 2.0 so there are no gas fees, I'm not sure what else I could do.

[gloomy ibex]

Won't the coins already be on the Immutable L2?, so no fees at that point.

[sage falcon]

ILV isnt on l2, NFTs are

[gloomy ibex]

gotcha, thanks

[worldly violet]

Any plans from the team to use crosschain for ILV?

[foggy arch]

Why would you hate BSC ? lol

Got you. But I mean, its the best option RN to avoid high fees

[hexed wren]

Just listened to the music from the Brightland Steppes, sounds cool. Interesting, will there be a death metal themed land?🤔

[hushed snow]

i dont get one thing, why should i purchase ILV token on bootstrap phase if its supposed to drop in price? Its just for the nft reward? shouldnt be safer to just wait?

[foggy arch]

Dude, it isnt supposed to drop lol

if it drops, good for you

[chrome topaz]

the initial price is set too high

[foggy arch]

IDK it will work as kylin did

[chrome topaz]

for the presale to deter bots

[foggy arch]

yes

[hushed snow]

the medium post says the opposite

[worldly violet]

I hope it drops lol. Illuvium is awesome. But a billion dollar valuation without game play seems a bit spendy lol

[chrome topaz]

the price will balance out and you buy in when you think it will be a good price

[thin ivy]

thanks for your respond 👍

[foggy arch]

I think the price wouldnt even stay below $100, being honest

[chrome topaz]

remember guys dont fomo in

[foggy arch]

the hype is just too high

[chrome topaz]

we arent gonna sell 1million tokens at 100 dollars

[hushed snow]

thats what i will do, i dont see any advantage of buying early

[foggy arch]

thats risky

[earnest tundra]

haha, I feel like some people refuse to read about BLP

[foggy arch]

look at kylin, presale was 0,05

[chrome topaz]

paulo

[foggy arch]

it started at $1

[chrome topaz]

do you think 100 million dollars is going into this presale?

[knotty pollen]

never

[foggy arch]

I'm sure of it

[knotty pollen]

all balancer launches drop in price

[worldly violet]

Its programmed lol

[foggy arch]

the last Balancer IDO

presale was 0,05

[chrome topaz]

paulo do you realise thats 66666 eth at 1500

[foggy arch]

initial offer $1

[knotty pollen]

only few guys buy on high prices, they fomo and get rekt

[foggy arch]

it went to 2,8

twenty times the presale

similarly to illuvium

[chrome topaz]

paulo was that a 100 million dollar market cap

[lofty knoll]

Morning

[foggy arch]

would be normal for me. Anchor did that as well

[lofty knoll]

I might call in my sick day

[foggy arch]

if no one buys

[worldly violet]

Even if someone buys

It would take a lot of money

To keep above 100

[chrome topaz]

100 million dollars is a lot of money

[foggy arch]

$100 is insane for me, but we dont have a clue what target price big players will set up

[earnest tundra]

did we explain that it will drop?

[worldly violet]

Use market cap of other games to rationalize

Or even other popular crypto

[chrome topaz]

product doesnt even launch until q3

[knotty pollen]

balancer pool will be the only initial circulating supply?

[foggy arch]

nah, it is a demand/offer game. Do you know the price impact formula ?

[earnest tundra]

initial circulating will be 1.5-2mil

[sage falcon]

@lofty knoll what sick day

[earnest tundra]

there's a bit more that will be in circulation at the end of the sale

[worldly violet]

Circ supply is also from giveaways and airdrops

[knotty pollen]

how many ILV got airdropped and gave away? roughly? 1m?

[foggy arch]

my strategy: I'm gonna wait hours until the price match a "floor target". And I'll try to buy near that region

[worldly violet]

Well I know 5.25 ILV was airdropped to initial discord members, but idk how many members got the drop.

[chrome topaz]

supply and demand is all ill focus on

its huge risk

[worldly violet]

Thanks 👍

[chrome topaz]

for a whale to buy at $100 dollars

[foggy arch]

we dont know that man

only whale do

lol

[knotty pollen]

thak 10 ILV air drop then

10k

[foggy arch]

for me yes, thats sick

[worldly violet]

Its programmed so whales and bots don't have as big of an advantage.

[foggy arch]

people, just follow the whales

[worldly violet]

They want cheap coins like the rest of us

[chrome topaz]

yeah whales are whales for a reason

theres no product being released

till q 3

[foggy arch]

their targets shouldnt be our targets

know that

[chrome topaz]

you gotta consider everything

[foggy arch]

let the market decide that

[knotty pollen]

whales won t go crazy @ $100 ILV

[foggy arch]

I mean, lets suppose something

the price move from $100 to $300

and back to $120

Would you guys buy ?

I would buy that

[worldly violet]

Then I buy exactly 0 ILV lol

[chrome topaz]

no i wouldnt

[foggy arch]

it can also move from 100 to 50

[chrome topaz]

id put my money else where

[worldly violet]

And be happy with my airdrop

Cause that is overvalued imo

[chrome topaz]

im not here for a 2x

[foggy arch]

dude, berry achieved 100millions in one hour

of its IDO

[foggy arch]

so you'll be able to buy higher on uniswap

thats a risk

or not, we dont know lol

[knotty pollen]

IDO on Pck are totally different than Balancer

[chrome topaz]

as in

[thin ivy]

lets assume we buy twice with each same amount of money. do we get the same NFTs as someone bought in 1 transaction instead of splitting them?

[chrome topaz]

i wouldnt buy in until after the hype dies down

for the q 3 launch

[worldly violet]

I think so

[chrome topaz]

if it goes beyond 100

[foggy arch]

I think all strategies are risky

my strategy, your strategy as well

[chrome topaz]

50 million market cap is my first dca

so around $50 dollars per token

[foggy arch]

god bless your words

I would love that, must be a dream

[worldly violet]

Well initial circ supply will be 1.5 or 2.5m tokens

[foggy arch]

But I think that will not happen mate

[worldly violet]

I'm sure that will inflate pretty quick when they release yield opportunities.

[foggy arch]

Like I said above, kylin had a presale of $0,05. The IDO on balancer started on $1, and didnt stay below it lol

[foggy arch]

sure

anyway, illuvium will be awesome

[chrome topaz]

yes

[foggy arch]

medium/long term invest

[chrome topaz]

ill buy a small allocation regardless for nft

[worldly violet]

I like the diversity in thought around the launch tho

[foggy arch]

nice one

[worldly violet]

Interesting to say the least

[chrome topaz]

but i cant justify going in with 50k above $100

[worldly violet]

Same

[chrome topaz]

this game isn't an mmo

[thin ivy]

isnt 100 the max on balancer?

[chrome topaz]

it can go higher

[foggy arch]

no, its the initial price

if ppl didnt make purchases, the price will drop

[worldly violet]

Its possible but would take lots of money to go higher.

[chrome topaz]

yeah like 100 million dollars

[foggy arch]

the hype is huge, trust on me, it'll go higher

like I said

[wispy abyss]

hahah 100 dolar :D:D

[chrome topaz]

100 MILLION

[foggy arch]

dude

[wispy abyss]

very bad start price

[foggy arch]

Berry achieved 100 million in ONE HOUR

LOLLLLLL

[worldly violet]

IMO i don't think it will go higher then 100

Can't change my mind lol

[foggy arch]

I would like to agree with you

[chrome topaz]

whats berry?

[foggy arch]

oracle

[worldly violet]

100$ ILV with fully diluted supply at 10m is 1 BILLION DOLLARS

[wispy abyss]

road 100 to 1

[worldly violet]

You think it goes to 2 billion? Lol

[foggy arch]

long term, ofc, but not now lol

[chrome topaz]

we are talking about an autochess game

[foggy arch]

we have a lot of shits with 1 billion fully diluted mate

[foggy arch]

exactly.

[worldly violet]

But there is no product yet

This is just my rational

[chrome topaz]

dota underlords was created under a year

[foggy arch]

yes, but it'll be unique. Ppl are emotional

just follow the wave.

[worldly violet]

Agreed. But the amount of money it would take to push price this high makes me believe that(or hope) the whales are more rational then that lol

[chrome topaz]

then theres gas wars

[leaden quest]

congratulation to airdrop owners x100 dolar 😄

[foggy arch]

yes, I dont have a clue what will happen 03/30. But for me it's plausible to be higher than $100, but also insane

[foggy arch]

HAHAHAH

[chrome topaz]

oracles could be valued in the billions

[worldly violet]

I think initially within the first 6 hrs or so it could pop above 100$ but I dont think it'll last.

[chrome topaz]

but more presales dont go that big