💬〕general

[idle terrace]

More or less?

[lofty knoll]

https://tenor.com/view/more-star-wars-kylo-ren-gif-15168091

[dapper whale]

Will the token be available directly from my metamask wallet ?

I mean i can buy them from there ?

[idle terrace]

For real? That’s ridiculous

Unless I’m misunderstanding what highest value points means.

[lofty knoll]

If you mean use the metamask swap then no. You need to connect it to Balancer or Illuvium's website and buy there

[lofty knoll]

Means things you can get when you buy with a lot of ETH

Don't forget that eth was at 150$ 12 months ago

And also don't forget that all of it is a bonus. They could just not give anything with the IDO...

[idle terrace]

Yeah I totally misunderstood what value points meant lmao. Makes sense now thanks.

[idle terrace]

Ethereum recovering nicely today

I got about 15-20% of what I want to put in illuvium still in cash, hopefully it keeps going up tho

[lofty knoll]

Lolol your fiat?

Nvm I read "too" hahah

[idle terrace]

Lol

I’m still waiting for it clear tho to withdraw, it better do that shit by Tuesday

Do you happen to know at what days/times ETH gas fees are generally lower?

[tame solar]

50 ETH

to get the dark holo

[lofty knoll]

Not really tbh

During utc night time I think

[cunning halo]

Good morning

[lofty knoll]

Mornin'!

[fierce vine]

Yo

[fierce totem]

hey guys

when the game will be released ?

[dapper whale]

Q3 2021

[lofty knoll]

#791148036935516161

[fierce totem]

thanks 🙂

[dapper whale]

Can i ask u smth all? I've seen writte. That ilv holders will receive points ( 1 point for each Eth so they can claim NFT's) , but is 1 point enough to claim an nft or not?

Im planning pn getting 1 eth worth of ilv

[lofty knoll]

You will probably be able to claim some yes

We have no details on that yet but it will come before the IDO 🙂

[red geyser]

Dang. I don’t think I can get 1 ETH together. Yeah... I’m kinda crypto poor. Well some would even say poor poor. But not me. I’m rich in friends.

That and discord channels it seems. Gotta find the next partner!

[outer violet]

Good day. Whats the initial circulating supply of ILV?

[idle terrace]

The nfts won’t be usable in game. So if that’s ur concern, u won’t be left behind in that regard.

[idle terrace]

1 million will be on sale for the balancer sale. ~ 5 million have been distributed thus far to seed investors but those won’t be circulating for at least a year. After 1 year they will begin gradually circulating

[lofty knoll]

Yes they will but not in an advantageous way

They are emotes and skins

no illuvials

[idle terrace]

Oh cool, I didn’t know that.

[karmic lichen]

that is awesome

Im glad eth is going up, was thinking I mad a bad call

Less than 4 days to go!

[inner topaz]

1 eth will get you something decent 🙂

[fair moat]

I am so glad to hear this lol

[grim walrus]

anyone know what is the max supply of ILV?

[lofty knoll]

The tokenomics knows #🔗〕helpful-links Medium article #9

If you have more question after reading them all I will gladly answer them

[grim walrus]

thanks

[slender pelican]

Been a long day everyone. Lots of catching up when I wake up tomorrow. Hope everyone's well! 🙏much love

[inner topaz]

There is one illuvial redeemable but it’s not ingame.

[lofty knoll]

That's what I meant yea sorry

[wild zinc]

Having 10 ETH is not as important as having 10 friends who can give you 10 ETH each

[red geyser]

Of course! I need to convince some friends to send me ETH. I’ll give them a 2 for 1 deal on ILV.

[fierce vine]

I njeed my eth to clear so I can send it to my self :/

[red geyser]

If anyone wants in...you can find out how to support me, your friend, at pelicansnest.friends.exchange

[red geyser]

Or for real slide into my DM

[lofty knoll]

That sound fishy

Is that joking

Slowly reaching for the hammer

[fierce vine]

https://tenor.com/view/homer-simpson-power-hammer-hammer-comedy-funny-gif-15617458

[red geyser]

https://tenor.com/view/mute-ban-banned-muted-warned-gif-18588025

https://tenor.com/view/vpr-vanderpump-rules-bravo-raquel-leviss-scared-gif-16431665

[red geyser]

Not for real.

[lofty knoll]

Ok hahah

Sometime being french it is hard to read through sarcasm or jokes

[fierce vine]

Ja'mapple Matt, et tu?

[lofty knoll]

Je m'appel Louis, et toi?

Almost haha

[red geyser]

And they gave you mod power?!?!? Of course they did because you are awesome!

[fierce vine]

ahh Je. Comme Si comme sa?

hey

I failed 2 years of french inhigh school 14 years ago...

damn I'm old 😢

[lofty knoll]

@plain delta See I don't need bribes.

[glass raptor]

Saw this on Twitter

https://twitter.com/snxified/status/1375660304969965570?s=21

SynthaMan | Spartan.eth (@SNXified)

What is better then holding or staking #SNX?

• Using it to mine @illuviumio's #ILV!

Twitter · Mar 27, 2021, 4:05 AM

Can someone point me to where I can find some more info about mining ILV with SNX?

[lofty knoll]

Not yet hahaha

Those pool will come later

[red geyser]

You could try the #snx sub channel.

Probably. Freaking early adopters.

[lofty knoll]

O god I never go in there. Place is scary lol. All those wallets

[glass raptor]

Taking about the SNX channel? Haha

[lofty knoll]

Yea hahaha

[glass raptor]

Haha we aren’t all bad.

So I got 7.7ILV from the airdrop. What do I do with this? Where is a good resource to start?

[lofty knoll]

They will be converted to ILV at some point soon. Then you can stake them or sell them 🙂

I know you guys are good haha just joking

[red geyser]

I know no such thing... but I certainly am jealous. 😭 ok I need to sleep. I’m getting crazy.

[red geyser]

Congratulations on your airdrop!

[glass raptor]

Thank you ser

[plain delta]

Evidence of praise sounds like evidence of bribes, to me.

[candid smelt]

Morning all

How is everyone doing? 3 more days left so for many probs 3 days no sleep haha

https://tenor.com/view/insomnia-yes-big-eyes-tarsier-gif-14687310

[fair moat]

Excited

Lol

[idle terrace]

Lol same boat! Just clear it by Tuesday coinbase u pos

[fierce vine]

right lol. All the ones before this cleared in like a day

then this one says 1-6 days

the fuck

[idle terrace]

My wife wants in too so she sent me some usd. She’s at home so her ass is getting put to work on release lmao

[fierce vine]

lol nice. we are using my fiances ebay money to go all in Crypto

Going to just put it on moon shots

no smart plays

[lofty knoll]

https://tenor.com/view/stocks-only-go-up-sogu-hulk-penis-stonks-v-shape-recovery-gif-18971989

[idle terrace]

I’m basically putting $100 in every coin as I can find that shows atleast a teeny bit of promise. We’ll see what happens in 20 years lol.

[fierce vine]

That's literally what I'm doing but not 20 years lol

doing quick flips

as soon as any coin pumps im selling

but i'm trying with like <.05 a coin type shit

[idle terrace]

I don’t have enough time in the day. I trade stock options normally so that takes up most my time. Just gonna let the crypto bets do their thing.

[fierce vine]

Idk I only trade after I start drinking so idk how much thought is going into it

YOU SAID XYZ is .01?! giogn all in

[lofty knoll]

I find it better to do more research and go heavy in less

Even if your coin does 300x if it is 0.5% or your portfolio you dont get much

[idle terrace]

If a shitcoin has a dog face on it, I’m probably buying $100 worth. That’s my research.

[karmic lichen]

lmao

who knew right

i was in the wrong altcoin the whole time, 1 doge = 5 doge

nah, jk, 1 doge = 1 doge

[lofty knoll]

https://tenor.com/view/liar-anchorman-will-ferrell-i-dont-believe-you-youre-lying-gif-5285393

You spent literally a day here talking tokenomics of ILV and valuation lol

[idle terrace]

Well that’s because I’m planning on putting in a lot more than $100 lmao

[fierce vine]

lol TBF I'm gambling money that doesnt exist to me. My real account I do research

[lofty knoll]

Good Good hahah

[idle terrace]

I also really believe in this concept as a whole and want to make sure I’m putting my money in the right project. Yeah I’m a fuck I understand, lmao.

[fervent oxide]

Hi guys is there a presale?

[fair moat]

1 Million ILV tokens will be sold on Balancer on the 30th of this month

[sage falcon]

where can i get free ILV?

[lofty knoll]

Nowhere except playing the game and they wont be free even there

hahaha

[raven echo]

you can get free ILV by donating ETH on the 30th

[fair moat]

Lol "free"

[sage falcon]

even playing the game is not free?

[lofty knoll]

It is free if you only want to enjoy the game yes

If you want to make money you have to give a little first

You do not need ILV to play the game tho

In game currency is ETH

[sage falcon]

okay thanks

[proud badge]

Just a question about the upcoming ILV token. Will this be tradable once live ?. Just curious will the presale token be able to be sold off?.

[lofty knoll]

Presale and seeds are locked for 12 months then another 12 months of daily vesting

[knotty wraith]

When liquidity mining ?

[lofty knoll]

April

[proud badge]

Okay fair enough just some people are talking about maybe you should hold off on buying straight away as it could drop 🤷🏻‍♂️

[lofty knoll]

For the IDO? Yea you should wait

It is not the selling that drives the price down

It is how the pool works

[proud badge]

Wait for IDO okay 🤷🏻‍♂️ that’s on the 30th yes..

[lofty knoll]

No wait DURING the IDO hhaha

This is not financial advise do your research on how the BLBP works

The price starts high and decrease over time if not enough buying pressure is applied

You buy when you feel it is at a fair value

[red crater]

I found an article that explained it really well @proud badge

I'll pm it to you, cause no links allowed

[lofty knoll]

Links are allowed ahah otherwise you can put it in #799010390201466880

[red crater]

https://medium.com/hoprnet/hopr-launch-phase-2-balancer-liquidity-bootstrapping-pool-7128c7ce5896#:~:text=A Balancer Liquidity Bootstrapping Pool is a tool designed to,through variable weighting of assets.

This one finally made it clear to me. Because tbh, the other posts didn't

[lofty knoll]

Great one they even used the flappy bird

[red crater]

yes

tbh I see it spiking upwards really hard the first few hours, because the downward pressure of the balancer pool will not be a match for all the spazzes insta buying at 100$

then I can see it gradually decline, hopefully below 100$ 🙂

[lofty knoll]

Yea it will spike

We just have to wait haha

[brave current]

Morning ☕🥐

[fair moat]

Unless it sells out

[wild zinc]

GUYS!

I have an idea

lets all skip buying on launch

next couple days ILV will be dirt cheap

and then we all can buy!

[lofty knoll]

Hahaha not happening

[wild zinc]

we gonna be rich!

[wild zinc]

dont be greedy!

teamwork!

[lofty knoll]

[red crater]

can people who have bought ILV at the beginning of the BLBP sell during the BLBP? Or is it locked until it's finished

@lofty knoll

[lofty knoll]

They can

They won't have a claim to the NFTs tho

[loud pagoda]

This is ideal 😂

[red crater]

k k

[obsidian saffron]

Prisinors dilemma bois, if we all buy 48h in, price so cheep

Dont be atom smooth brain, be big brain like ape

[lofty knoll]

For 2 people

Than it is 43538948523x

[obsidian saffron]

Thats a good yield

[idle terrace]

Hopr is trading well below the values it maintained during the balancer sale. However, their seed investors were not locked. Something to be mindful of tho.

[red crater]

you can't compare something like hopr to ILV tbh

this is another league of project :p

[vagrant valve]

but how long does it take to balance the price?

[red crater]

depends on all kinds of factors

[vagrant valve]

it will only be available for 72 hours

[idle terrace]

I mean you linked the article soooo 😂

[strong terrace]

Good morning :)

[fierce vine]

yo

[sage falcon]

So after 72 hours the ILV will be locked for 12 months?

[red crater]

I linked the article to explain how a Balancer pool works, which is described perfectly there.

whatever the price does after the BLBP is another thing

[forest forge]

We have to buy ilv first bevor investing in balancer?

[red crater]

no

ETH to swap with ILV

[forest forge]

Ah ok

[red crater]

Balancer has their own BAL token but you don't need that

[blissful wadi]

any actual gameplay footage?

[wild zinc]

watch the demo

it using real in game graphics

not rendered

[hexed wren]

Hi guys! Can somebody explain about Yild Farming Rewards from the Tokenomics article? This part about Pool weights of ILV/ETH 0.8 and ILV 0.2. So there will be 2 pools?

[knotty wraith]

watch the demo
@wild zinc why are you here

Wtf

[forest forge]

Check announcement an character reveal channel

[red crater]

no 1 pool ETH/ILV

to understand better google "Balancer Liquidity Bootstrap Pool". Because it's hard to explain

[hexed wren]

got, thanks

[red crater]

and the yield farming means you lock your ILV tokens for X amount of time to earn more ILV tokens

[hexed wren]

yeah that i understand

[red crater]

there's a BIG % of the total supply reserved for yield rewards

😍

[hexed wren]

3 mil, not so shabby

[idle terrace]

No

[grim walrus]

is there any benefit for early buyer of ILV during the sale at balancer?

[severe igloo]

Tidal has a detailed explanation on the technicals on their medium. It is indeed a difficult subject. Not sure I fully understand myself

[wild zinc]

basically it is a game

if you wait together

shit gonna be cheaper

if you all ape in

shit gonna be expensive

[severe igloo]

You can also lose out because at a certain accumulation, whales will empty the pool, mooning the price due to teiggered FOMO

Keep an eye on the balance

For ILV it was 50:50 or 60:40? I gotta look it up again

[sage falcon]

When is game coming out

Sad 🥺

[past flume]

Starting marketcap price we can get in and after one year predictions

?

I wanna get in 5mil mc atleast

[wild zinc]

DYOR

[severe igloo]

Ah great, that gives us more time to wait

[wild zinc]

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

[past flume]

Never got into a coin on the day release. So I’m pretty hyped with this project 1b plus I predict

[idle terrace]

You should be able to buy it around that value during the balancer sale.

[past flume]

1b in years

5m I wanna buy

[idle terrace]

Lmao me too

[past flume]

50m is good enough but 5m great! I’m going balls deep here

Holding that for years

[wet cobalt]

A game inside the game. Noice! Beware, whales of all kinds 😁

[idle terrace]

Wut

[inner topaz]

Haha the whales are starting to pop their heads up

[idle terrace]

I took my wife to sea world randomly for her birthday. Whales r fckin scary.

[severe breach]

Don't swim with Orca's if you love your arms and legs😅

Mornin fam

[idle terrace]

Those crazy fucks jump and dive on queue to the music. I’m not getting in that pool, I can barely swim.

[severe breach]

So close to 30 now haha...i see a lot of ppl have wrapped their heads around BLBP in the past few days.. that's good

[idle terrace]

Wrapped my head around it about 10 times 🤷🏻

[severe breach]

👀

The most and only most important thing in BLBP is something a lot of ppl if not most arw lacking... patience

[wet cobalt]

To beat the whale, you must become the whale. predict it's movements, start thinking in whale noises
@blissful bay

😄

[candid smelt]

https://tenor.com/view/my-level-of-patience-impatient-kid-cute-annoyed-gif-16518264

[wet cobalt]

Never been taught patience better than I've been in crypto. Still learning to be honest. Fascinating still

[idle terrace]

Just take all your past successes and past mistakes, smash them all together, forget them and fuckin yolo in.

[severe breach]

Well emotions are what gave birth to FOMO in the beginning... it's just human nature..and as we all know it, no matter how hard someone will try to tell you to HOLD.. you're still going for it when the adrenaline kicks in and heart is pumping..thus beeig said i appreciate the ppl around here trying to educate others

[idle terrace]

Never sell gains, only losses 😂

[severe breach]

That's patience btw 😄

As always

[idle terrace]

It’s just a number!

[severe breach]

I'm a rly patient guy and i still make hasty moves sometimes..it can't be helped

[idle terrace]

When I make a good investment I make sure to take some profits and buy something nice. When I make a bad one I pretend it never happened.

100% agree. I’m too ocd at times. I bought Nio and Tesla last April. Took a lot profits along the way but if I just slept for a year I’d have more money lol

Also locking eliminates the stress. Which has a lot of intangible value.

Sure but 5-18% might not cover gas fees for a lot of ppl. Sad times

[grim walrus]

Thanks for you explanation. Any website on explaining how to claim the NFT for buyer of ILV during balancer sale?

[idle terrace]

Which is one of the most promising things about this game. I’m new to nft games so I started playing axie. ~1000 usd to get in the door and the game sucks. Yeeesh

[grim walrus]

meaning the point shop should be able to recognize our wallet and provide us with the NFT free?

[idle terrace]

I literally did it to “research” this game.

[grim walrus]

Oh I see, meaning points will be allocated to buyer of the ILV and more points allocated if I have more ILV, then use the point as payment of the NFTs? Literally, I do not need to use ILV to buy the NFT?

[grim walrus]

how many ETH you have spent to get one axie?

[idle terrace]

Not sure about ETH since it’s volatile but you have to buy 3. The cheapest are about $150 + gas fees.

[grim walrus]

expensive game to start with

I see, thanks you very much

[idle terrace]

The entire Reddit is full of people looking for scholarships, offering to play 12-16 hours a day and splitting profit until they can afford their own axies.

[grim walrus]

how profit being split? owner of scholarship get how many SLP?

[valid aspen]

Hi, does anyone know what the use cases are for the ilv token beyond governance? is it used to buy things in game?

[idle terrace]

I haven’t done it personally but the person on scholarship plays the account until they have enough money to start their own.

[hybrid finch]

don't you have to stake ILV AND ETH to LP?

[valid aspen]

ohh cool i get it now thanks

[idle terrace]

Do you know if I decided to stake my ILV 50/50 with sILV would I have to pay double gas fees?

[sage falcon]

preILV value?

[idle terrace]

Right but can I stake my ILV and use 50% of that to generate sILV? And if so would it be a separate gas fee?

[hybrid finch]

when is preILV turning into ILV? after sale?

[severe breach]

The cheapest yeah...but if you want a decent card deck that can get you through most of the content...you ga past 700-900$ easily..just for an entry point..i know cause i wanted to get in last month and after a lot of reearch of how should i start my entry balance was 1270$ at that point..

[idle terrace]

So if staking is based off of revenues why would anyone stake prior to launch?

[idle terrace]

So stupid lmao

[severe breach]

Tell me about it...only one reptile that i wanted was 750$ the cheapest..and didn't even had 100% what i wanted

So i gave up...cause the graphics are awful...glad i found ILUv after

It's a boring game from a heavy style player point of view

[idle terrace]

I get how the vault works with revenue. How does the yield farming work outside of the game? I read the tokenomics article but it’s still not clear to me

Normally when I’m given a math equation they tell me what each variable represents lol. These might be super common to those familiar with this area but it’s foreign to me.

What’s the unit on the x-axis?

That’s the Y. The X axis says fortnights. What’s that means

[hexed wren]

fortnight is 2 weeks

[idle terrace]

Okay thank you. I’ve heard of that but not used much in the US other than the game lol

[hexed wren]

i looked up in a dictionary, i am not even from english-speaking counry😆

[idle terrace]

So the gist is the earlier you stake, the more ILV you generate?

[hexed wren]

yip

[idle terrace]

It’s my bad. The last time I saw fortnight was reading Redwall books in elementary school lol.

I’m so mad at kids. That dance has been popular for far too long. Once your parents do it, time for a new dance.

It’s an arms race

[hexed wren]

would be cool to make a fortnite-like shooter with ILV pers btw🤔

[idle terrace]

Seed investors are staking already?

[hexed wren]

don't think so, staking hasn't started yet

[idle terrace]

I think Kieran said they started on 3/22

Got it. Ty

[hexed wren]

what's TGE?

so many new terms, maan🤓

[idle terrace]

Acronyms are cool

[forest forge]

Difficult to take decision to buy ilv
From the beginning of to wait

[idle terrace]

Spread it out unless gas fees are a deterrent

[north swallow]

Balls out

[hexed wren]

relax and observe

[forest forge]

I think in order to have a good entry you have to invest At least 5 eth

Yah

I will put 1 eth at the beginning

[idle terrace]

Unless your entry is shit lmao

[supple glade]

total supply 100m,yes?

[forest forge]

Yah but think about uniswap and balancer

[crude sparrow]

wen token sale ova?

lol

[supple glade]

1 million or 10 million?

[crude sparrow]

we can go back to shitposting about future partners

[forest forge]

1 eth token buy
2 eth balancer
2 eth uniswap

[idle terrace]

1m for balancer sale. 10 million max total supply

[forest forge]

Yah we need some hint

Are the chainlink one already minted?

[crude sparrow]

yessir

[supple glade]

@idle terrace got it

[idle terrace]

10m is the max. Actual max should be 7-10m.

[supple glade]

have token economy?

[idle terrace]

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

[hexed wren]

interesting, if i buy, say, 100 ILV in 1 tx, how much it would raise the price?🤔

ofc it depends on when i do this, at the beginning of sale or in the end, because of weights

[north swallow]

You making it rain

Is that the average though like 5eth per person? That’s pretty gnarly

[supple glade]

So the token supply will 5~6 million Apr?

[red crater]

I see on their erc20 contract addie max total supply: 7MIL ILV

[supple glade]

4 million for forming

@red crater Why only 7 million?

[red crater]

dno that's what the contract address says

https://etherscan.io/token/0x767fe9edc9e0df98e07454847909b5e959d7ca0e

[red crater]

https://tenor.com/view/math-zach-galifianakis-mathematics-maths-equations-gif-11093327

I believe the meme is accurate here

[supple glade]

Initial circulating Sir?

[idle terrace]

5 million seed investments locked for 1 year and gradually unlock from 1 to 2 years. 1 million balancer sale starting 3/30/21. Basically 6 million distributed by 4/2/21. 1-2 million will circulate for the year. After 1 year seed investors’ tokens will gradually unlock over the following year. Invest/plan accordingly.

[slender pelican]

Good morning Illuvium Fam! 🙏

[analog fractal]

what price private investor is?

[slender pelican]

One day closer to the big 72 hours. All I been thinking of. Nerves are showing up lol

[analog fractal]

I want to know private round price

and seed round price

[slender pelican]

1$ for pre seed and 3.30 for seed...I believe this is correct. @analog fractal

[analog fractal]

thx

[slender pelican]

Someone please confirm that.

[idle terrace]

Without yield (which hasn’t started yet) ~6m tokens will have been distributed by 4/2/21 right or am I missing something?

[idle terrace]

That’s the number I got as well. Someone’s getting rich but it’s not us. Atleast not for awhile lmao

[slender pelican]

Haven't stopped !!

[analog fractal]

and I want to know exact lock condition of pre-ssed and seed round investor

[supple glade]

pre-seed $1,seed 3.3 ?

[idle terrace]

Yeah but ur not gonna get that price.

[slender pelican]

Also you do have to keep in mind like Amy said...pre seed and seed are 100% locked for 1 year.

[analog fractal]

But in this page https://illuvium.medium.com/9-tokenomics-launchpad-and-reward-details-5894c3b356be pre-seed is unlock right after Tge.

Am i misunderstanding this page?

[idle terrace]

All tokens except those bought in the BLBP and In-Game Yield are subject to a 12 month lockup period and then are linearly unlocked over an additional 12 months.

[supple glade]

$100 for LBP,wow

[idle terrace]

Where did u read preseed was unlocked?

[idle token]

huge demands will push the price more than $100, Apes are waiting

[idle terrace]

Have fun with that apes lol

GME @ $400 let’s guuu

[supple glade]

the price will down and will up again @idle token

[jaunty zephyr]

just wait for the dip

[strange wharf]

https://tenor.com/view/churros-chocolate-dessert-dip-yum-gif-3364865

[slender pelican]

I believe ETH is about to go on a run ladies and gents.

[jaunty zephyr]

didnt they delay their "layer 2" what ever that is

[hexed wren]

2k?

[slender pelican]

I see 2k very soon. Layer 2 definitely a slow moving work in progress.

Let's get that perfect timing!

[hexed wren]

noice!🚀

[idle terrace]

I think 90% of Americans are more familiar with doge than ethereum. Source: an american

[red geyser]

Probably true. 🥺

[idle terrace]

Hoge?

[red geyser]

Hoge is scary though

[quick spindle]

What is doge? Sincerely, an American 👼

[idle terrace]

From my limited experience everyone I know is buying MARA and RIOT stocks because they’re Bitcoin miners. They’re more comfortable buying a stock than crypto currently but it’s slowly progressing

[quick spindle]

haha

[idle terrace]

One of my coworkers told me he bought some Bitcoin and I was like wow ur buying crypto? And he said what’s crypto?

So I think there’s room to grow out here lol

[jaunty zephyr]

wow he bought SOME?

[idle terrace]

Or the top is in, fuck if I know

[jaunty zephyr]

not even 0.1

he bought SOME

what a baller

[idle terrace]

I think he just put in whatever USD he could afford for a fraction of btc. But I’m not in people’s business like that so I don’t know

$1500 ain’t nothing to scoff at! Lol

Yeh not sure how it’ll shake out. Nft games are definitely towards the more endowed thus far.

[hexed wren]

just a thought, if not all ILV is sold during the sales, will it be burned or what? Or is this impossible at all?

yep, hype is huge!

[empty nest]

When ILV sale on balancer?

[slender pelican]

3/30

[empty nest]

Do have a link on balancer?
And what is the contract address? TYIA

[red geyser]

#📣〕announcements message Find truth here.

[slender pelican]

https://balancer.exchange/#/swap

[red geyser]

Lol

[wintry palm]

Hey all Im new, come from gu I heard about this through immutable x . Might grab some if I can

nft games gonna be the future. Ownership of in game items and play to earn.

Trailer looks cool

[hexed wren]

Hi there, i also have some GU cards, but don't play much. Yeah, NFT look very promising

[quick spindle]

Welcome in! I just started getting into GU a bit more recently... very new to it but I'm liking it. Illuvium's looking very nice too. Glad to have you here 🙂

[wintry palm]

Thanks, I’m just doing things to distract myself while waiting on the immutable x rollout and trial cards being minted and the marketplace haha. But illuvium does looks like a cool project. Im just surprise they are talking about a q3 release with the development time being so short up till now . Not only because of the scale of the game but the blockchain aspects

It would be great if they could actually pull it off this year though

[hexed wren]

Yep considering how much time it took GU to become what it is now, and still tons of work ahead. But Immutable had to fight in 2 fronts, making GU and making IMX, ILV comes to the ready L2 platform, so hopes are it will take less time from them to make a playable game

But i am afraid q3 is overly optimistic though

[runic hull]

If they just have a beta by Q3 I'd consider that a big success

[wintry palm]

It definitely seems ambitious to me. Just with my little experience making Indy games myself in the past and the little knowledge about development of bigger games I have...looking at development timelines for other games that are not even pioneering new ideas or in the blockchain space to. 90% of the work go’s into the last -10% and all. But that’s really exciting they have such a great team working on the game. Even if they did not make that deadline it wouldn’t be a big deal

Beta by q3 would be great

[hexed wren]

As a rule of thumb in IT, multiply the time at least by 2, you get more or less realistic timing😅

[wintry palm]

Nice, excited to find the project now

[hexed wren]

But ofc there can be exceptions...

[wintry palm]

Still very early

[slender vale]

Hey guys

How’s everyone doing today

I come to ask once again

Any hints? XD

[hexed wren]

HODL

[formal oar]

🧐 It's been quiet round here. Hope everyone is enjoying their weekend!

[vocal temple]

Hey guys,
where can I read more about the token and it’s tokenomics and the usecase of it!?

[scarlet tinsel]

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

[vocal temple]

Thx man!!

[vocal temple]

Do we already know the price for the token and how much to buy to get a Nft?

[hexed wren]

price TBD at balancer sales

[slender pelican]

Starting price of sale is 100 usd

[scarlet tinsel]

balancer will start the price at $100. There will be three days to purchase. So the price will fluctuate with sales.

[vocal temple]

100$ !?! The circulating supply is around 6 million right!?
Mc would be then 600 m?
Or is my math wrong?

Ah ok, presale and team token is locked!
But still 100 m mc!?
Wtf?! This is way too much

Why that expensive!?

[narrow vector]

just wait for it to crash

[vocal temple]

Ah ok! Thx mate!
I like it more when the price goes up instead of down lol

[narrow vector]

it's pretty standard zylon

[vocal temple]

Standard for a balancer ido or standard for ido in general!?

That’s right, but in this case many noobs will buy who don’t even know what a mc is

But both has positive and negative sides

[hexed wren]

and what is mc btw?😊

[vocal temple]

Yeah, seems so, never invested in a balancer ido, excited:)

[hexed wren]

ah, thanks. but 100 is not a cap, the price can go higher

[vocal temple]

Yeah, of course! Anyway I am sure the team knows what they are doing, so I hope we will get a fair price

[hexed wren]

they also hope so😅

[vocal temple]

Yeah, normally projects like this starts with a mc of max 1-5 million mc.
I am very interested to see how this will play out

[hexed wren]

yep, true, never took part in such sales before myself

[scarlet tinsel]

Sounds like we are in the same boat here. But, agreed. Definitely, a wait and watch approach. The price should dip below $100, but people just need to find what they are comfortable spending.

[hexed wren]

Gods Unchained?

but no tokenomiks there

yep, unfortunately. only hope on cards and trinkets appreciation on the market

in this aspect ILV looks way better

[marsh sequoia]

Hi, how soon will it be on the market

[hexed wren]

But I hope may be GU will do something about it, looking at other examples

[scarlet surge]

balancer sale on 30th

[worldly violet]

@blissful bay do you know of warriders?

Thats the only blockchain game I play that actually gets my heart pumping.

[marsh sequoia]

Is it BALANCER at the end of the month

[scarlet surge]

check #🔗〕helpful-links for medium posts for more details on the sale

[vocal temple]

CGG for example, but there a some more.
You can also compare it to Ern imo, it’s not a game but big NFT one

[worldly violet]

Yup they are waiting for their contract to be audited but they are launching liquidity mining for their token soon. Also going to be on immutablex soon so its got some prospects

[vocal temple]

Not really, more a superhero fighting game with NFT’s!
But Axie is also comparable it has now a Mc around 300m but it a finished game with very expensive NFT’s

Yeah right, but still@many steps ahead in the development

[worldly violet]

So hyped..

[hexed wren]

What do you do in warriders? What about investing, is it too late?

[vocal temple]

Yeah, this is going to be amazing!
But to be honest, I am not going to pay more than 5$ that would be fair for a game that will be in development for a long time!
My max price is 10$

[worldly violet]

The game is still early alpha, but the game play is live. You drive around in vehicles that are unique NFTs with random stats along with guns that are NFTs as well. And there are 9 nodes on a map that pump out their in game currency in intervals and players clan up and fight in the wasteland for the in game currency.

They are developing crafting aspects and other different types of gameplay.

[hexed wren]

any lore?

[worldly violet]

Not yet.

[vocal temple]

You too bro:)

[worldly violet]

A bit

[hexed wren]

Thanks, will have a look at it

[worldly violet]

Great! New players get a free "warvan" but it is one of the worst vehicles in game cause its free lol. But allows you to drive the map and test it out

Also not an NFT

[hexed wren]

So it's sort of MadMaxish?

[worldly violet]

A lot like mad max

Or twisted metal if you've ever played that

[hexed wren]

i see👍

what about system requirements?

is it PC btw?

[worldly violet]

It is PC. On Linux windows or Mac. I can play the game on my MacBook from 2015 lol but it pushes the ram and cpu a bit hard on that.

They just pushed a release that fixed some issues with pc compatability

[hexed wren]

even Linux, whoa

i have an ubuntu laptop😆

[worldly violet]

But maybe we shouldn't blow up general with a different games discussion lol. Feel free to dm me and I can link to discord or something 👍

[hexed wren]

thanks!

[wet wren]

how does post-sale staking work?

[sage falcon]

@vital condor welcome bro. I think you will like Illuvium. There is a lot of info u can find on other channels like announcements and so on.

[vital condor]

Thanks for the welcome! I've started peaking around a bit

[sage falcon]

So start price is 100$ ?

[sage falcon]

Roger that, there's a lot of info, so get as obsessed as your heart desires.

[slender pelican]

Yes

[sage falcon]

Or ur brain allows haha

[vital condor]

Ha! My attention has been caught--that's for sure.

[sage falcon]

fuck is to high I'm waiting for the price to drop after a month or two I think ..

[slender pelican]

Do you know how balancer sale works?

Read this if you have not already @sage falcon

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

[ember jacinth]

Sry, just joined on here. If I read the article correctly, it says that the price is expected to drop. With a launch price of $100, is it then expected a further drop or the LBP price will be higher than $100 and is then expected to drop to $100 later ?

[lofty knoll]

Mornin

[sage falcon]

It is clear that the system is well made so as not to steal investments made in the short term. The thing is that the price will definitely drop so you will have enough time to buy it is not necessarily the first hour or the first minute

Mornin' Rahlord.

[slim sonnet]

What makes you so sure it’ll drop?

Was just checking out Comp and it dipped a tiny bit one time and then shot to the moon.

[west notch]

where do you see that Comp had an LBP?

[runic hull]

Mornin brother

[karmic lichen]

Mornin

Just counting down over here lol

[neon agate]

Aloha everyone just watched the Illuvium trailer pure fire 🔥

Can't wait to play 🤙

[severe igloo]

euh... did anyone get DM'd by someone with the burger king logo as their avatar?

[lofty knoll]

Anything from DMs is Scam.

Is he from our server

[severe igloo]

like... so random

[dusky kiln]

digital girlfriends, um wtf 😄

[severe igloo]

I am not sure

[dusky kiln]

i get no DM from him no

[reef nexus]

What’d he say in DM?

[little flax]

https://tenor.com/view/morpheus-break-free-unleashed-free-your-mind-escape-gif-15242623

[ornate zealot]

Just finished watching the AMA, now i'm even more interested :)

[karmic lichen]

That is usually what happens lol

[ornate zealot]

Yep, marketing 101

[dusky kiln]

multipass

[karmic lichen]

How do ppl have color for their levels?

In the rank channel, some ppl have different colors for their bars and text. Is that free to do?

[marble oyster]

Based on server roll afaik

[earnest tundra]

yeah, if you just click on the name it will show you the roles and color for that role

[karmic lichen]

hmmm, i see. Thank you.

[slim sonnet]

They didn’t? Must have misread then.

[west notch]

yea i tried looking for it cause i have an excel with the most recent lbps i could find

[red geyser]

I think it costs nitro. Check your DMs from the Mee6 bot that does the ranking.

[karmic lichen]

@red geyser thank you!

[slim sonnet]

Would love a copy if you don’t mind sharing.

[west notch]

https://docs.google.com/spreadsheets/d/1b1J6WdwojWq0IlGdefSk0VXgKFQfKP-OK3HxPRb4ooM/edit?usp=sharing

@slim sonnet

feel free to make a copy and add to it or whatever, i didn't do an exhaustive look at older lbps cause they typically raised <$20mil

also some newer projects didnt announce or do a breakdown after their lbps, so not everyone was super transparent about weighting and raises

[slim sonnet]

thanks for sharing your hard work! Really appreciate it. The main thing I noticed about Comp was that they had a 10MM supply as well and a similar starting price, was pretty surprised to see how it performed

[west notch]

good point! yea it's hard to find comparable supply and diluted valuation to what illuvium is doing

at least in the NFT space

[gloomy ibex]

10m their total supply or just what was sold?

[slim sonnet]

total supply, also similar circ spp too, 4.5MM 1.5 more than illuvium

[sage falcon]

is there a whitelist ofr the tokken

token

[loud pagoda]

no everyone can participate 30th on Balancer IDO

[bold narwhal]

Thanks tommy nice one!

[tame tide]

what would be after Balancer sale? would be listing on Uniswap or Sushi?

[bold narwhal]

Yes

One of those

Where can we watch the live price? CoinGecko?

[tame tide]

does balancer work only in one way for buying? or you could buy cheap and sell same time?))

[dusky kiln]

"short" after the sale, yes

[tame tide]

thanks

[dusky kiln]

well, that is a good question ... maybe for the help section if nobody knows a answer 😄

[loud pagoda]

This is...great

[sage falcon]

Is the token address out yet

[tame tide]

100$ per token is high price what gives the valuation of 100mln
do you know how much tokens were airdropped before during 2 rounds?
what to do you think how this free tokens could push down the price after the balancer?

[sage falcon]

Illuvium's got that sauce yo.

[dusky kiln]

yes, you can find it on their medium blog posts

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

nobody knows how the course evolves ... i guess it raise on the long run after the game is released 🙂

[dusky kiln]

check the last medium post from illuvium ... you should read it 🙂
Token Contract Address: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e

[red geyser]

You can both buy and sell during the $ILV BLBP

[karmic lichen]

@red geyser good to know

[fierce totem]

Hi guys

do you guys know when the beta will be released?

[chrome topaz]

Excited for the upcoming presals

[snow violet]

how will i know what email i have pre reg? haha totally forgot what email i used in pre registration ahhaha

[vale nimbus]

Balancer allows buying and selling

[plain delta]

Because of the nature of Balancers Bootstrap prices tend to be steady and sometimes falling. There’s not really any opportunity to pump and dump mid sale.

[turbid lynx]

Who can join balancer ido on 30th march?

[runic hull]

What?

[runic hull]

Anyone and everyone

[turbid lynx]

Great, i have pre-ilv in my wallet, will they be automatic ILV?

[runic hull]

At a later date it will be able to be converted, not sure if it would be automated though

[turbid lynx]

Thanks, there is nothing to do for now then.

[runic hull]

Correct

50 dolla ILV now

Get ready folks

[marsh river]

council still to need vote it in of course...

[turbid lynx]

What? 1 ILV is 50$?

[runic hull]

More of a formality it seems, but of course

[sage falcon]

just the starting price, we dont know where it will finish, thats the markets choice

50$

50$

100 too much

[turbid lynx]

great..

[inner topaz]

God I love democracy 😀

[runic hull]

Do you have a concern?

[sage falcon]

Xad

[runic hull]

https://tenor.com/view/i-love-it-gif-18812641

[turbid lynx]

I have also chainlink nft, i am luck i think:)

[runic hull]

Oh definitely! Cherish it my friend

[turbid lynx]

I love this community

[frozen estuary]

where do i join the discussion on the price change of ilv

i have a lot of words i want to say

like 4 or so

[pulsar salmon]

Difficult decision tbh. Having it start too low will give bots an advantage, which was #1 on the avoidance list

[idle token]

I would consider to buy if $50 than a 3 digits. 3digits look expensive

[frozen estuary]

50$ so i can own one whole ilv and eat for the rest of the month

[pulsar salmon]

Which begs the question: what is too low? 50 might be a debate, whereas most people agreed that 100 was definitely too high

[sage falcon]

Lets meet at 51$

How about that

[restive cedar]

why can i not vote for liq bootstrapping?

[idle token]

$60

[sage falcon]

Not to high not to low

[frozen estuary]

lower it by 50 cents

[fiery condor]

your not on the illuvinati

[sage falcon]

They pay the same as everyone else 😛

[restive cedar]

is that the people voted from the aidrop holders?

[frozen estuary]

higher price = higher barrier for entry for normal people

[fiery condor]

yup!

[pulsar salmon]

Actually that doesn't matter. That will depend on the amount spent, not on the amount of ILV you bought

[restive cedar]

what price areyou guys targeting on getting in?

[hollow lichen]

not able to actually vote the proposal, whats required for that

[idle terrace]

Why do you guys care so much what the starting price is? Just buy it at what you think it’s worth and if it doesn’t hit that price move on with your life lol.

[gentle sorrel]

new proposal?

[median hemlock]

https://twitter.com/delphi_digital/status/1375963509595365376?s=21

Delphi Digital (@Delphi_Digital)

Our team just posted a new proposal for the @illuviumio community and the upcoming $ILV launch

Read the full proposal here:
https://t.co/VjGodDxcYd

Twitter · Mar 28, 2021, 12:10 AM

[frozen estuary]

Yeah why does anyone care about anything

[gentle sorrel]

the whales will spend the same amount if the price is 50

[pulsar salmon]

Whales will spend whatever they want to spend, no matter the starting price. As long as they know what they're doing that is. But since they have big bags I suppose most of them know what they're doing :p

[median hemlock]

https://twitter.com/anildelphi/status/1375964650827747330?s=21

Anil Lulla (@anildelphi)

Most projects struggle to get active governance proposals let alone a strong community

It’s been incredible to see the conviction the @illuviumio community already has. Excited to hear feedback for this proposal and the $ILV launch this week 🙌 https://t.co/Bfwxe707lq

Twitter · Mar 28, 2021, 12:15 AM

[reef nexus]

This is great - I wasn’t buying til below $50 anyway so now it’s a green light

[frozen estuary]

@final rose correct me if im wrong but if whales have a dedicated budget and spend it on the inital 50$ starting price it wont go as high as if the starting price was 100$ after all the whales buy

[lofty knoll]

https://tenor.com/view/blink-blinking-glasses-stare-gif-5182689

[frozen estuary]

dis a sign i am wrong

ima pack my bags to the special classroom

[lofty knoll]

Insane gas war incoming imo

[gray mist]

I feel like more ppl will ape in at 50 now, given that we have been thinking about 100 for a while

[crimson spire]

What's the price of the actual token right now

[lofty fox]

hehe and Delphi Digital makes the discord threads go booom.... glad to see they are listening and watching the community... but also hey, stop spying on us.. bahaha.

[median hemlock]

🤫

[livid tendon]

folks , the max price illuvium will be on balancer is 100 dol , or if demand is very high it could reach a higher value ?

[severe breach]

that's the starting price not the max price..like y said , demand can get it higher

or FOMO

[fierce totem]

how many coins will be released for the publick sale ?

[severe breach]

1mil

[fierce totem]

1000 or 100000 ? srry

[severe breach]

1 MILLION

[fierce totem]

OKAY

[livid tendon]

and there is a max supply ?

[severe breach]

1,000,000

right..i suggest you guys have a look in here #🔗〕helpful-links ..Medium articles 9 and 18

dig in deep into those articles before you go buying on the 30th

[livid tendon]

understand , thanks i readed before but didn't saw this information , is a good project

[fierce totem]

Nick, do you know when the beta will be released ?

[formal oar]

Well aren't we a lively bunch tonight.

[severe breach]

it's been announced for Q2 2021

the exact date hasn't been released yet

[fierce totem]

ok, thanks 🙂

[severe breach]

beta will be available upon invite so not all of us will be able to join

[slim sonnet]

So if you staked 150 for 10
Years and the price of ILV went to $500 you’d have $76MM? Is that right?

[dapper whale]

If the price doubles up fast it will be a bless

No expactations around500 i think

But i still wonder hod much do we stake by keeping ILV?

[slim sonnet]

12 mo = 2x I think

So if it does that every 12 mo then 150-300-600 etc. 10 years down the road at $500 which isn’t unrealistic at all.

That’s not even counting the profits we make off the game

I was really impressed with their growth and expansion plans as well. Sounds like there’s an incredible amount of depth to this game

[cunning halo]

Same here

[gloomy ibex]

Gas fees will take your food money

[gloomy ibex]

2x is the weight, not 2 times your coin

so if you have 100 ILV, it would count as 200 in the reward pool. Then the reward will be whatever your weight calculates in the reward total for all stakers, I think

[lapis ingot]

What should I do to be eligible for the invite?

[fair moat]

Just make sure youve applied in the #795444126421483520 channel

[slim sonnet]

I see, so you’re not earning more coins you’re just earning more % of the vault rewards? Back to the books it looks like. Haha.

[brisk pagoda]

You're earning more in both I believe. Vault rewards and staking rewards are 2 different things but I assume the weight affects both.

[slender vale]

Im superrrr

[gloomy ibex]

Did I miss vault rewards somewhere? Not sure why you would have vault and staking rewards just for staking

unless it's coming from 2 different allocated pools of the total supply, not sure how having both would work

[fair moat]

You get rewards from the vault whilst staking, read the tokenomics medium article 9

[brisk pagoda]

Vault rewards are the game revenue going back to stakers. Vault funds are used to buy ILV on the market and return it to stakers. at this point 100% of vault funds will go towards holders

and yeah this is separate from the staking rewards

[lapis ingot]

Thanks

[gloomy ibex]

Thanks for the explanation. Just made staking that much more appealing

[sage falcon]

A quick example: Assume the rewards/yield for a given year are 10%. If you had 100 eth worth of ILV staked but didnt lock anything, at the end of the year you will have 110 eth worth. if you choose to lock for a full year instead you would have 120 eth worth of tokens. (assuming ILV price doesnt change vs eth ofc).

[brisk pagoda]

yeah np! the structure is super nice for ilv holders 🙂

the vault is pretty ingenious, driving the price of ILV up while giving stakers more of it

[lapis ingot]

So the starting price at balancer sale will be $50 instead of $100?

[gloomy ibex]

Has to be voted on by council

[brisk pagoda]

if the current proposal is accepted then yes

[umbral vine]

How is everyone feeling in the matter?

[lapis ingot]

Can I cast the vote?

[gloomy ibex]

I'm mixed on it. I think at $50 you will have more people jumping in just to swap it back into the pool when it starts to rise to profit.

[karmic lichen]

only council votes i think

[gloomy ibex]

Also that low, I think people will jump in and buy and drive to $100 pretty quick, defeating the purpose of dropping to $50 to start

[formal oar]

For me, I intend to buy in at my comfort price regardless of if it starts at $100 or at $50. If $100 deters bots but it takes longer to get to price discovery, so be it. I would expect at $50 we see higher volume of buyers early and have a higher risk of the price driving up.

[karmic lichen]

IMO i would just leave it as it is

but it is not up to us

[gloomy ibex]

I'm sure the council wants community feedback to base their decision

[brisk pagoda]

I've heard good arguments for both price points

[idle token]

my estimate the stable price will be $200+ something

it doesn't matter starting at $50 or $100

[formal oar]

And honestly if the price runs up, I'll buy some anyway. Whatever measly amount I can get 😂

[sage falcon]

^^ this, they are our representatives. They are also some of the smartest and most informed people in the community, like Santiago and Kain, so they can make pretty good judgement about what points are valid and what is just people wanting a lower price because they think they can buy more if price starts lower

[raven echo]

Boo start the price at $69

[karmic lichen]

lol @formal oar

[gloomy ibex]

$2 billion valuation, you feel thats the value of Illuvium?

[karmic lichen]

yep, we need to scavenge what we can

[formal oar]

Better to have some than none. I want at least one damn emote.

[karmic lichen]

😆

[sage falcon]

thats not how FDV works. The Market cap is not = FDV, what matters is how that locked supply enters circulation, and a large amount of it will be shared directly with people who buy in the LBP through staking and such, so the effective valuation is much lower.

[brisk pagoda]

I wonder if they also know how much institutional interest was left out of the presale? It would be helpful to know what kind of money we expect to be flowing in here right?

[lapis ingot]

Based on article 9, there are sILV and ILV. So can I say that sILV is the token that is given to players who played the game and gained it as daily rewards or etc?

[karmic lichen]

It is gained by staking

[sage falcon]

quite a lot didnt get in afaik, dont know how many of those plan on buying in LBP. Noone does i suppose

[brisk pagoda]

you can choose to get your staking rewards in ILV or sILV. ILV is locked for 1 year while sILV can be used in game immediately but you forego the ILV you would have gotten

[umbral vine]

Would you buy at 50 or wait for discovery? I think we'll see some fomo at 50,but it's also our responsibility now to share our stats and info now for those that might not be as familiar with this landscape as us. And even a whale I don't think would imediatly jump on 50 with the knowledge they have 3 days to find a better price point. They won't just throw away money either. They didn't get to be whales doing that ya know?

Thoughts?

[karmic lichen]

no other way to get it i think

[umbral vine]

100%

[lapis ingot]

I see, thanks

[umbral vine]

Missed oportinuty in the most recent prop isn't it 😂

[red crater]

awesome move council ❤️

nn

[sage falcon]

sILV is just a synthetic token that allows you to spend your yield ingame before you actually get the rewards. Because you are locked in to the staking for X months, you can spend that yield before it materialising synthetically and it is simply taken from your rewards when you would end up getting them. If you dont spend them in advanced, you will just get normal ILV as a reward

[umbral vine]

This.

Plus those who have it locked have way more incentive not to dump once their tokens unlocked. The tokenimics and incentive behind this game insure that imo.

[brisk pagoda]

I'm too scared of bots and apes to buy at the start regardless of initial price. For me the $50 means more people willing to buy at the beginning or try to front run if their targets are between $50-$100 right? Could be wrong approach though?

[gloomy ibex]

I agree completely with you. At $50 i'd prob still wait for discovery. The smart people will fall into these categories. It's the ones who want to jump in on a coin just to try and make as much as quick as possible, not realizing this is a longer term investment. I know it's crypto and everyone wants to make something. I just think it's better for community investment, rather than crypto kiddies.

[umbral vine]

Just so yall know as well. @sage falcon know his shit.

[brisk pagoda]

for example above someone said they think 200$ will be the price after the sale so 50$ looks super juicy to them

[sage falcon]

definitely safer to wait, there is no real risk of it selling out super fast, there is a risk it doesnt come back down to $50 after an initial spike ofcourse, but thats part of the game theory here that make it fair, if we knew it would or would not come back down this mechanism would be pointless.

[brisk pagoda]

yeah I'm waiting regardless

[formal oar]

But if a bunch of folks ape in at opening at $50 then the price still goes up, (back to $100 for instance) and we end up with the same problem.

[idle terrace]

Hmmm $50 starting price...might not be waiting til uniswap after all lol.

[gloomy ibex]

That was my point exactly, why I am mixed on changing

[idle terrace]

I mean the purpose of the sale is to discover the price. If everyone thinks it’s worth $100 then so be it. I personally don’t but whatever

[umbral vine]

Think we share much of the same thoughts here. But I also believe that people like @blissful bay and @lofty knoll and @barren scaffold, not to mention Aaron, Kieran, Sith above and so so many more have done their best for the past months now to curate and educate and be engaged in this community to help them be ready for such a key and critical moment. At least those who are engaged here, read the medium, follow the twitter etc.

Which is how this community has grown exponentially to be one of the biggest, strongest, freaking coolest, places to be around the crypto block.

It's been all our responsibilities to prepare those around us for the 30th, and today, alone with all the days before have been prime beautiful examples of that.

[formal oar]

I agree, but it in theory pushes out the timeline for discovery. If it pushes higher than 100 for instance bc of excited front runners it will take longer to come back down. And if it doesn't and maintains a high level... Imma buy some anyway. Lol.

[umbral vine]

Absolutely, and a fair point. But if we put ourselves and the community back at the 100 mark. Then we put ourselves into the mindset of why delphi proposed this change in the first place. And all the chatter here previously about waiting for it to drop.

Which is the beauty of balancer.

[gloomy ibex]

I'll buy when it settles or I feel comfortable regardless. This is a great project.

[idle terrace]

You don’t have to buy during this sale either unless you want the NFT. There’s no guarantee the price won’t dip once it’s on uniswap anyways. You just have to invest at what you think it’s worth.

[formal oar]

Totally true.

But I want a squizz nft...soooo

[idle terrace]

I heard there will be 1-2m circulating supply in the first year. Where is the other million coming from?

[gloomy ibex]

Seed and Private Sale

[idle terrace]

I thought seed was locked for a year.

[gloomy ibex]

OK, I may be wrong then, but I thought it included the locked, since it is no longer in the vault

[sage falcon]

staking rewards, ingame yield rewards from things like tourneys, pre-ILV given to players, etc

[umbral vine]

I'll tell you my bottom line and strat.

March 30th: Balancer launches at 50 (or 100)

Me: wait and see what happens.

Price goes up: wait see what happens. I still have two day.

Price goes down: I watch more carefully. Try to observe trends. Etc.

More time passes: rinse and repeat above until I feel comfortable to buy. Trusting in my knowledge and judgment on the project. While chatting with the community here in the mean time to put all our minds together.

More time passes: eventually I find my entry point and buy.

.... One year later.....

TO THE MOON BABBYYYY

[idle terrace]

Staking rewards are also locked no? Is it safe to say until the game is out there should ~1m tokens in circulation?

[umbral vine]

Another follower on the church of squizz I see. You see this @south hatch your cult is still alive 😂

[gloomy ibex]

You are reading my thoughts.

[umbral vine]

Alright my friends it's 338 am here. I gotta get some sleep.

I'll catch up with this in the morning and then cast my vote, thank you all for tonight and for participating in some history.

What we're doing here is seriously awesomen✊ yall are the best.

Night Illuvinati

[idle terrace]

Vote yes on 50 IMO

Goodnight

[lofty fox]

i believe its between 1 - 1.5 .. coz there was some preILV and whatnot given out.. i think that converts to ILV not long after this sale release.

[formal oar]

Gnight!!

[sage falcon]

afaik yes, other than promotions they might do such as Pre ILV and rewards like that to community, twitter/discord competitions etc.

[idle terrace]

Okay thanks. The inflation rate is gonna get dicey at some point but just trying to figure out how I want to handle this sale & first year.

[gloomy ibex]

Also, what doesn't sell goes back to the treasury I believe

[sage falcon]

so long as you are staking with decent lockin times, inflation wont be a major concern imo, because you will likely be outpacing the inflation between new issuance and rewards from ingame spend. Inflation is only a concern for those not staking their ILV with long lockups imo.

[red crater]

when will the vote open

?

[vital siren]

Not sure if this has been answered....during the 3 days of the Balancer, can we see how much has been sold at any point in time?

[sage falcon]

its the council thats voting, we delegated to them. We discuss it and they will weigh the arguments and vote accordingly

[red crater]

thx Sith

[fierce vine]

balancer should show how many tokens are left

So I've been told, I havn't been a part of one live though

[vital siren]

If it does, I expect late buying at the end as FOMO kicks in on those who have not bought at all or not bought enough. Going to be very interesting.

[fierce vine]

oh for sure

[gloomy ibex]

Does trading back for ETH also cause the price to go down?

[sage falcon]

yes

[gloomy ibex]

Thanks, that's what I had thought, Just wanted to make sure.

[tired hazel]

So anyone have price targets for a good ILV price?

[strange wharf]

i will follow this https://discordapp.com/channels/760344898200666112/791148476218081321/825558924036014111

[idle token]

$200+

[gloomy ibex]

Price target is where you feel comfortable. Buy in when you feel the price is right or when the price settles later in the sale

[slim sonnet]

There seems to be a critical piece of the puzzle I'm missing as far as ROI on ILV.

[tired hazel]

Trying to make comparisons with a similar game launch

[lofty knoll]

Always when I am afk...

3 hours catchup here we goooo

Hahahah

[tired hazel]

Looking at My Neighbor Alice price history

[red crater]

haha rah

[inner topaz]

Go and ask Danny 😆 It's beyond ridiculous tbh

[slim sonnet]

If price goes to $50 would points change as well for the NFT rewards?

Or remain at 1:1

[gloomy ibex]

Based on ETH not dollar amount

[inner topaz]

The weight doesn't affect both. Vault distributions only factor in how much ILV you have staked, regardless of pool. Again, we don't want to incentivise whales who can LP with massive amounts of ILV/ETH, the vault distributions need to be fair. Some people won't have enough to be able to LP, in that case, we don't want to penalise them from their distributions.

[slim sonnet]

Yeah, 1 point/ETH as it stands now

[brisk pagoda]

nice thanks

[tired hazel]

So the more we buy in Balancer the more points we get?

[torn patio]

Any clue how much ETH we will need to invest to get all of the limited BLP NFTs...5, 10?

[red crater]

jup

[slim sonnet]

you earn 1 point for 1 ETH spent and believe the NFT promo purchases are 1 point each

[gloomy ibex]

Large amounts to get all

None of that has been revealed yet.

[torn patio]

Is this anticipated to sell out in the first day? the 1M ILV?

[tired hazel]

Is it first come first serve to redeem points for NFTs?

[slim sonnet]

good question! idk

[gloomy ibex]

But they did mention, there will not be much for low purchases

[idle terrace]

I don’t think any balancer sale has completely sold out thus far so I doubt it’d sell out on the first day.

[brisk pagoda]

there are some that are less than 1 point

[gloomy ibex]

Unless a lot of the institutional buy in #💬〕general message

[brisk pagoda]

yeah this is what I'm afraid of lmao every time I mention it Kieran rolls through with that 'it's insane bro'

[idle terrace]

It would still be insane to generate $100 million in volume the first day. Just an example ethereum itself volume is $170,000,000 on coinbase today.

[torn patio]

Will likely be similar to ALICE.

Pump in beginning, sell off, level out.

[idle terrace]

This would not surprise me. A lot of fomo in here.

[gloomy ibex]

That's how I see it regardless starting at $50 or $100 start.

[blissful hinge]

From earlier messages, looks like a lot of institutional interest was left out during the pre sales. Why didn't the team seek for a higher valuation during the pre sale, since there have been so much demand? That would've justified $100 starting price valuation, wouldn't it?

[strange wharf]

i think $50 a lot op people will fomo. reducing the number of players. then the whales strikes in reducing their competitions.🤔

[fiery kraken]

$50 is a more fair price I thank delphi for the proposal

[naive nimbus]

Hello everyone. Im not new here i just dont comment a lot, but does anyone know if there will be an element of land ownership in this game? Kind of like in axie infinity, decentraland, sandbox, etc...

[idle token]

Please don't reveal the secret of pumping and dumping 😉

[idle terrace]

Tidal is currently at hour 60 qnd still hasn’t rly leveled off. Peaked around 0.60 and down to 0.20.

It’s balancer sale ends in 3 days.

[round remnant]

Just curious. Who can vote on this proposal? Pre-ILV holders or just the Council? Thanks!

[idle terrace]

Just council

[round remnant]

Thanks!

[strange wharf]

its fair but blp tho.. it will still go down to $50

[round remnant]

I support the Delphi Proposal.

[idle terrace]

I hope they do $50 so it protects the crazy people from aping in at $100. They’ll probably still lose money aping in at $50 but atleast it won’t be as bad I don’t think lol.

[round remnant]

Agree 😅

[lofty knoll]

Not sure of this.

Let me catch up on everything

Brb

[gloomy ibex]

You probably still are not caught up from earlier 😛

[lofty knoll]

Nope

[idle terrace]

Lmao the tidal sale page says “do not ape in” and yet ppl did anyway hahah. Spiked at the beginning and been tanking ever since.

[gloomy ibex]

Why protect the apes? lol

[lofty knoll]

I am here all day.. nothing happens full silence. I leave.. 800 messages hahaha

[idle terrace]

If everyone in here loses 75% of their money in 3 days, this won’t be the fun loving happy place it is now lol.

[round remnant]

Get ready for the slow mode.

[strange wharf]

Delphi said. We believe a starting price of $50 is much more appropriate. It’s the ideal way to allow the existing community to purchase at a favorable level, while still ending the sale at a price that reflects current demand. i dont undertand how $100 is not appropriate, it may raech also to favorable level tho

any idea?

[idle terrace]

If $100 is appropriate that’s what it will be at when the sale ends.

I think this coin is capable of hitting that but I’m not comfortable paying that this early in the game.

[strange wharf]

100 is just the start.. of course i will not buy at 100

[idle terrace]

Then why do you think it’s appropriate to start at $100 then? Lol

[gloomy ibex]

I just think Delphi's proposal is a numbers thing. Entering at $50 looks more appealing than entering @ $100 for smaller bags

[strange wharf]

what ever the price.. im just wondering why delphi sugested at 50. just want to educate myself

[gloomy ibex]

Either way, balancer will take it where everyone thinks it is valued

[inner topaz]

Look, they could be talking shit, but I’ve personally had several angels say they’re going in deep. Like 5m+ deep... but who knows. Could be psyops

I’m just giving the community the answers they are seeking. Hopefully by now you realise that I’m here for the community, not the vc’s and whales

[idle terrace]

That’s wild. Why not take them up on that during presale, etc?

[inner topaz]

We were oversubscribed by 50m+

We ran out of tokens

[gloomy ibex]

What I was thinking. Limited on available tokens

[idle terrace]

Why not raise the price?

[inner topaz]

Unless we started eating into community tokens which would go against everything we stand for

[inner topaz]

You can’t just change the price half way through. Looks dodgy af

[idle terrace]

Gotcha so it was a preset sale.

[gloomy ibex]

Token allocations with limited supply.

[inner topaz]

Yeah, but a private auction pre sale sounds like a fucking pretty good solution to what we faced actually!

I’ll remember for my next crypto project 😁

[gloomy ibex]

Sign me up!

[idle terrace]

I probably would sold my house if I was offered $1-3 per ILV lmao

[inner topaz]

Lol aaron wanted to buy a fuckload and I said no

[hazy plank]

Sign me up!

[idle terrace]

Yeah those who got in at that level will make a fuckton even if your game is shit 😂

[brisk pagoda]

I believe you haha just spreading the good word about my founded concerns as a discord citizen

the fact it's coming from you is what has me worried lmao

[hazy plank]

So what time is the sale. UTC or not?

[fair moat]

3pm UTC

[idle terrace]

Can someone explain to me where all the hype is generated from? None of the places I spend my internet time other than here know anything about illuvium.

I mean same with axie and that games pretty popular in the crypto space. I just feel out of the loop lol

[brisk pagoda]

a lot is from the fact that these are the brothers of the SNX founder so they have an in with some of the bigger investors and a serious vouching name

a lot of people strongly believe crypto gaming is the next huge thing as well

[sage falcon]

Is there more fees if you buy with USDT for the token sale?

[hazy plank]

U can only buy with eth

[idle terrace]

That’s why I’m here.

[red geyser]

Yeah I definitely read an article about it on the top of my CoinMarketCap feed awhile back and then immediately joined up.

[sage falcon]

I thought they said you could do USDT too

[fair moat]

The internet is an echo chamber. People interested in one thing will converge and share interest. Hype in one group/one area does not equal hype worldwide or in other places

[idle terrace]

Right I just look at like the YouTube views for the trailer 7.3k. I’m actually glad this game isn’t mainstream yet but I think it’s crazy people think the balancer sale will generate like 100 million in investments the first day haha.

[brisk pagoda]

I get that, but are you saying the hype is unfounded?

[red geyser]

I don’t have a definite answer as to whether or not you CAN do it. But if you were able to you’d end up paying at least double the gas fees. Swapping between multiple pairs to get you to the eth/ilv pairing.

[ebon raptor]

Appropriate price is 5$

[sage falcon]

that is true

[ebon raptor]

For Start lol

[fair moat]

I am excited for this game and coin, as are most people here

[idle terrace]

Feels exaggerated to me personally that’s why im asking haha

[gloomy ibex]

Then the bots take over.

[fair moat]

Its definitely a risk, might not become big, but it also might. I'm investing both because I think the coin will do well, but I am also looking forward to the game and I think it will be very fun

[brisk pagoda]

I mean if you're asking about outside the current interest I can't answer that, I'm just taking about the hype in general which is what I thought you meant

[idle terrace]

The crazy thing to me also is like axie isn’t mainstream at all but it’s got a huge market cap. So I’m not doubting the potential here I’m just wondering how the hell this happens lol. I am also American, it’s possible these games just aren’t big here yet.

[brisk pagoda]

Not sure how you're defining mainstream, I think most people in crypto have at least heard of axie

[fair moat]

I don't think NFT games are big anywhere yet, but if theres people with lots of money investing lots of money into these projects, thats probably a sign of something

[brisk pagoda]

I might be wrong tho

[knotty pollen]

Is KYC needed to participate to te Balancer sale?

[red crater]

no

[knotty pollen]

ok sweet

[prime anchor]

What kind of voting are we talking about? Do I understand correctly that you can vote using preILV? Where can I see what voting has already taken place?

[red crater]

think it's a council only vote

[red geyser]

Incorrect. The vote is for the council. Preilv and ilv holders nominate and vote for council members. And the council does the voting on governance items.

[prime anchor]

What is the interest for preILV holders to vote for council members?

[red crater]

to reflect their oppinion in important decisions like these

[red geyser]

The vote for the council already happened. But will happen at regular intervals to maintain proper token governance.

I am not sure on the timelines. But I appreciate the fact that it’s a representative government.

[idle terrace]

I mean there’s literally zero twitch viewers for axie right now. Zero.

[lofty knoll]

3 Months

[lofty knoll]

Because the gameplay is boring imo. Not like a shooter or something like League

They must have good youtube video with a lot of views tho

[red crater]

ye, and it's owned by a manchild

[lofty knoll]

Like tutorial and stuff like that

[brisk pagoda]

The main audience for axie is in the p2e factor imo. It's super popular in some poorer nations where people can make a living off it

[gloomy ibex]

I see very few crypto games on twitch, tbh. They are not just good streaming material like AAA games

[idle terrace]

I mean there’s tons of slow paced games that get lots of viewers, hearthstone for example.

[lofty knoll]

Alright brb diving into governance chat

[red geyser]

Have fun!😆

[red geyser]

So I am definitely trying to get into my old Riot account to try out TFT. Get a feel for the gameplay style. But I am now remembering why I didn’t play it when it first came out. My account was permanently suspended when I hadn’t played league of legends for like 2 years. I guess someone got my account info and messed around. 😭 I’m setting up a new account now. So lame.

[fierce vine]

fuckers

[red geyser]

At least I hadn’t poured money into my LoL account. Which now seems like a dumb thing to do anyways. Since as I was glancing through the fine print I WOULDN’T ACTUALLY OWN ANYTHING! I’m so happy to have found this project. It’s time for players to own their stuff.

[sage garnet]

What's the total market cap with a $50 initial peg?

I think I saw 10mil total coin which would put it at $500 mil fully diluted?

[stoic yew]

this bull market has made people go crazy with valuations, I will be only be a observer to the upcoming balancer madness

[lofty knoll]

Yes. The total supply will be between 7 to 10 millions token depending on rewards chosen during yield farming period.

[idle terrace]

TFT is fun, I don’t even play league but I like tft lol.

[twin ibex]

just checking I didn't miss it but has the announcement gone up around the NFT list attached to the BLBP?

"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."

[karmic lichen]

@twin ibex not yet

maybe once sale is over

[twin ibex]

k, they did say it would be released prior to the sale opening

[karmic lichen]

oh yeah

[twin ibex]

2 days tho so plenty of time!

[karmic lichen]

could be the 29th

[prime anchor]

Tell me what this text from the bot means: "GG on leveling up! You can type! Rank to see your rank card in Illuvium"? I don’t understand what card we are talking about.

[candid smelt]

Morning All

[loud pagoda]

Just woke up and whole things changed? Lol

[lofty knoll]

You can type !rank in the #👑〕bot-commands channel to see your rank. Mee6 will dm you everytime you gain a level in this discord.

[lofty knoll]

Mornin!

[prime anchor]

And what does this rank give me?

[grim walrus]

Can i know who is SNX founder?

[red crater]

https://twitter.com/kaiynne?ref_src=twsrc^google|twcamp^serp|twgr^author

kain.Ξ (@kaiynne)

Former semi-benevolent dictator of @synthetix_io.

Tweets

4116

Followers

39777

Twitter

this guy

[lofty knoll]

Nothing hahaa it is just to showoff mainly

[empty nest]

How many ILV do we need to participate in the game?

[red geyser]

Zero. None.

You can play without it.

[sage falcon]

will there be an airdrop for ILV?

[limber mountain]

100$ starting price for the ico, what's the reasoning for such a high price?

[vital siren]

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

[red geyser]

Check out #809220563397902346 as well

[lean thunder]

Hi everyone

[limber mountain]

I've skim read it but it seems a bit foreign to me. Natural price discovery seems odd at such a start price.

Strategy ?

[empty nest]

So u say that we can participate in the game without acquiring ILV token in the balancer?

[red geyser]

It uses change in weight to drop the price over time on a linear curve.

[vital siren]

yes

[red geyser]

100% the ILV is for governance and investing in the game’s success.

ETH will be the primary source of in game funding spent. But you can even play for FREE

[empty nest]

How about the character and other stuff like a pokeball to catch illuvials? Do we need to buy?

[red geyser]

It would gradually drop from $100 to under $5 if no one purchased by the end of the 72 hours.

But as people buy the price will bump.

[sage falcon]

will the game be available in linux?

[red geyser]

Not right away at least. Maybe not at all

[red geyser]

Imagery used to describe it was flappy bird.

[red geyser]

Yes higher level capture devices, shards I believe they are called, would cost. If you own ILV you can stake it and earn sILV that will be able to be used to make in game purchases. So there is also in game benefit from owning ILV

[ruby loom]

What is the total token supply?

[lofty knoll]

No more token airdrop no

[lofty knoll]

The main in game currency is ETH

[lofty knoll]

The total supply will be between 7 to 10 millions token depending on rewards chosen during yield farming period.

[sage falcon]

so delphi digital have invested in ilv, anyone knows at what price they bought?

[idle terrace]

The devs told us seed investors paid $1-3.5 usd per coin. Not sure about Delphi specifically

[sage falcon]

oh, i see

[empty nest]

Thank u so much ^^

[sage falcon]

i just read that they are proposing to set a base price on balancer public ilv token sale

[quick apex]

Hi

[idle terrace]

They were originally going to do a $100 starting price. It has been proposed by Delphi to lower it to $50 starting. Council will vote to approve tomorrow.

[sage falcon]

can the community vote on this who doesn't have ilv tokens yet?

[sage falcon]

i see

[idle terrace]

No. The council is made up of 5 members that were nominated. ILV holders do not have a vote in this case.

[sage falcon]

oh

[full dagger]

like ood t. they hae summoned the 5th council member XD

good tv

[strong terrace]

Good morning :) such nice community , each time i join and read a bit i have the feeling enyone in here will help and anser all questions .... Really nice guys really nice!

[fresh hornet]

Yeah he’s been frozen like Han Solo

[hybrid finch]

shoutout to Delphi Digital lol

what a bunch of champions

[dry shard]

Can you provide a lil bit more about NFT from airdrops? Will it have any traits, features or it's just a piece of art?

[marble oyster]

It will not give you any advantage in the game if that is your question

[dry shard]

Yes, mostly, thanks.

[idle terrace]

I’m not sure about the airdrops but the nfts from the balancer sale will be skins/emotes. Things like that.

[dry shard]

Thanks. Still have a hope it will be useful for the game

[hexed wren]

it will be useful for the gain😁

[lofty fox]

as far as im aware all nfts that are going out before the game launch(which could be months away) will not give or have any advantage in the game.

[bold narwhal]

It won’t

[plain delta]

Useful doesn't mean advantage. I personally think there is a lot of use in having access to a rare emote that lets me taunt the person I just beat. But I'm a sick bastard.

[lofty fox]

haha indeed, you sicko.... that is why i specified as "will not give advantage in the game". . . just to be clear.. taunts are for winners. hahaha

[forest forge]

Game use is always good

[severe breach]

i support you here..that makes me a sicko to? 🤔

[surreal whale]

Sir i am very busy. Because of that i must be miss out something. What will be launching price?

[forest forge]

100$

If you mean ilv