#💬〕general
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Yah let see how this will go
Cant wait until the 30
Collecting some eth now
Hope that the eth fees still human
haha no.. just aaron.
busy ppl pay moni for info, you know😏
Good morning everyone. . One day closer to the big day! What a time it is to be alive.
i actually totally missed the question... the start price.. seems to be at the moment either $100 or $50.. there is a council vote to determine which.
mornin bob
@severe breach haha oohhh sad face.. you wanna be a sicko like @plain delta .... i just like picking on him.. coz hes a big meanie, an teases us all the time with clues and almost spoiler things.
#791148036935516161 start with your welcome msg
you have all the info in there
ty ty 🙂
pff im afraid im just the same ..just with a lower IQ than Aaron's 😂
#🔗〕helpful-links Medium post no 9.
for a better understanding i suggest you read all Medium posts..it's literally a 15min read
Is there any expected month when the token will be listed on a real exchange or it is still too early to say?
it should be listed on sushi swap.. not long after the public sale.
ye it looks good and there isnt any news about the big exchanges the big profits are there
fuck sushi
all they know is copy code
ha id rather not fuck sushi.. but each to their own.
haha yeah im just tryin to help out an share the info.. that i know of might be a possibility
yeah right
um what?
@lofty fox thanks for trying to help 😅
Shooting the messenger I see....🤷🏻
beside the 1M token from the balancer sale, do we know what exactly would be the initial circulating supply?
From the medium articles it sounds like all presale and seed investors will be locked for 1 year and then gradually unlock the following year.
1.6m #💬〕general message
There will be some in-game yield as well. So the first year should be 1-2 million most likely.
thx
Is there an article about the token ILV utility? can t see anything about this on the medium
gonna check, ty
Hi, I'm in a telegram group where they're announcing a token sale. Is this legit?
OK thanks
Who else is RERREEAADDYYY for the balancer next week?
Don't forget, Daytime savings will f you over if you don't recalculate the timing
I also wonder.... 1M is not that many tokens, do we really expect the balancer sale to go on for 3 days? because kinda don't wanna overpay, but also kinda really want to be sure to have ILV in the hodl bag. I am conflicted 😭
is there anyway i can buy now... i see preILV can i get that or get ILV
Im just so excited for this project
I feel ya sister.... brother... baby?
brother lool
haha 🇬🇧
do you guys think this coin will come on major exchanges
well, to quote my dear Red: "Frankly my dear, I don't give a hoot"... he did not say hoot
haha good one
Absolutely. Main exchanges will come in due time
I reckon it will first be on DEX (yes, you can read that with a kiwi accent)
GOGOGOGGOGOGOG
Of course
How do I take part in ILV yield farming?
After the initial sale, they will set up sometime after
Ok thanks
2 days to go folks
when is the game coming out? or do we go in?
thank you
You can also ask for Beta Tester request
Hello everyone, can someone explain me how the token economics work from an investor prespective?
How to make the request to become a beta tester?
I know there will be a pool in mainnet to buy
what can we do with the token? whats the price? purchase limit?
etc
#🔗〕helpful-links will give you a good start. There are Tokenomics articles and information about the sale on Balancer
Specifically the medium articles
Go there and type !request?
Yes. Keep in mind that it does not guarantee anything for now tho haha
I dont understand the pool
Initial Pool Weight Ratio 96:4
Final Pool Weight Ratio 50:50
Timespan 72 hours
Progression Linear
So the pool will start rebalancing until it goes to 50/50 looking for price discovery
?
Synthaman just hush. Forks are the way of crypto life. Just because sushi understands marketing doesn’t mean you need to get out your purest pitch fork. Look at TVL. We’re going with them. Enjoy it
Correct, as people buy in it will go up, if no one buys it will go down.
I mean illuvium.io links to the official illuvium telegram. It’s literally right next to the link to this discord.
I don't think they are using telegram as much
The 5M tokens distributed in prior rounds are available for sale or locked?
Locked for 12 months + 12 months of daily vesting.
It is in the tokenomics.
thxs
Lol. This is rich.
I’ve looked at it. It’s pretty chaotic in there if you ask me. But, I’m more used to discord’s ui.
I’m more concerned about such a prominent figure writing off a protocol due to a fork. They’ve clearly demonstrated that they aren’t fucking around. Uni maximalists. Baby Rhamphyre made quick work of them. I believe he was dripping in unicorn blood.
Uni and Sushi both deserve their place. They're both good options imo
Mr Syntha is an SNX maxi. A council member. A hodl to death. Congrats though. Guess how many people give a fuck here? Zero. If we choose sushi it’s because the tables have turned.
@inner topaz is that the reason there are 2 Uni Rhamphy on the market? i wasn't here when that happened
but i read they didn't wanna play ball with the airdrop
Yes exactly so Kieran made a challenge to bring more people onboard and he would mint 10 more to give them all to our community instead of the Uniswap community since they didnt want to partner. We almost made it so he minted 9 more 🙂
Sad, sad, moments
Yeah I’m pretty sure Rhamphy was channeling Voldemort.
It was Bob Ross. He was making a funny painting of the Uniswap unicorn, which is yet to be released and will feature as an easter egg NFT somewhere in the game..
What will ILV be used for?
governance of the game, also yield farming rewards, and reward to the stakers
@last rain check out the tokenomics medium post in #🔗〕helpful-links for more info
Will sILV be exclusive to this game, or future projects also?
So is sILV earn-able in game, since it is the ingame currency?
or only convertible from ILV staking rewards
I see, sILV is only really around to get the rewards in your pocket faster while staking and being locked.
Yes
but at the same time, ILV is burned and now it is only game currency
Exactly
ILV is not minted but you get the idea
This is why there is a 7 million total supply on the contract right now
Correct, the burning is to keep the supply the same, regardless if it is sILV or ILV
Adminssss please feed us today with some Illuvium picture, in battle one 😄 😛
I wish there was some more info on the female character.
Looking for that to come out.
hi all
Hello
nah, not writing them off. Just venting that some folks just have it easy 🙂
I am farming Onsen INV-ETH myself. I just wish folks gave credit to Uniswap as well.
@inner topaz but thank you for considering me prominent figure! I just wish I was prominent enough to get in at private sale hehe
hello everyone, i have one question.
how do i download the game?
there is no download link.
game is not released yet
It's not available yet
just sit back
and absorb all the information you can
if you can follow everything that happens in this discord than you are already a pro
How are we going to get the airdrop
Wait an see. I'd imagine there will be a post on it when it happens.
Okay
Good evening everyone my time ☀️
Kindly look out for hints or leaks of future partnership with Illuvium and join their discord before announcement on here.
Yo
Guys, did y’all see the proposal from Delphi Digital? I suppose we can’t vote?
Why if the game will be release in Q3 we have no gameplay video?
yep I saw the cinematic. But I think all of us want to see some in game picture/video at this point
the beta release is behind the corner in July..
For sure. I would have liked a gameplay video prior to buying in lol.
Exactly
My thoughts exactly
Hi
Hey guys !ay i ask you something please a it confused..they say that 1 eth in ILV equals 1 point to claim an exclusive nft .. but is one and only point enough to claim an nft or not ? ( i only got 1 eth to put in)
Definitely would've preferred the demo over the trailer
Hi guys. How much would be the initial price on Balancer?
@civic canyon it's starts off at 100 but will change depending on strength of demand
Same question
??
1 point can exchange for smth?
Im sorry im a bit confused
Hahaha okay
And the priciest ?
We dont know yet i guess
Okay okay
They are creatures in game
If im not wrong
Ow ok
Hope they re beautiful skins
If they cost 200😅
And the ILV staking system ?
Yeah ive been there
But i cant understand when it says that the price is supposed to drop .. whats the point of getting the first ILV's if we can just wait the supposly droping price .. is the Staking the answer ??
The earlier the best to stake ?
tulip traders inventing dutch auctions in 1600s - 
crypto traders discovering dutch auctions in 2021 - 
Just to be very clear nobody is purchasing any NFT in the sale. You are purchasing ILV for ETH.
The bonus NFTs are an optional fun thing. They don’t give you an advantage in the game and we haven’t valued them. They just cost points which are completely meaningless except in the concept of the sale. Anyone who thinks “how are they valuing that emote at that price?” Has completely missed the point.
hahaha "NO IN-GAME" use.. unless you a sicko who loves to taunt and tease people.. like a certain someone hehe... no in game advantage... everyone starts equal.
sorry, that comment was more in reference to a small convo me an aaron were having before... no value was prob the wrong term.. "no in game use" was used before.. an then it was there a difference between "in game use and in game advantage" .. coz aaron is a big meanie who loves to taunt people he beats.
an whatnot.
your right.. i used confusing terms.. il edit it.. cheers.
Haven't had time to go through the proposal and all the discussion. Where are we standing as of right now?
Is there a general consensus?
Howdy, what time will the token sale launch start in Vic , Australia
#📣〕announcements message 15:00 UTC so... figure it out from there...
Looks like there still isnt consensus in governance
gotchya thanks for the reply. will check back 👍
Loving the partnership with Alex Becker! You guys did great work on the scoot NFTs 😂
Wow. Didnt know about this. https://twitter.com/ZssBecker/status/1376236678923321350?s=09
Yeah he said in one of his videos last week that he’s getting into a new gaming crypto but didn’t mention the name, safe to assume we now know what it is.
Ah cool. Never heard of him before but rhino beetle looks sick 😍
Agreed!
Does anyone know what happens if the vote ends 50% 50%?
I would assume nothing would change at that point (proposal denied) but not sure.
Did we end up $100 or $50 on balancer?
25mins left on the vote
Still hasn’t finished voting. Currently 1-1.
👍
It’s kind of a joke to me that 1.5 out of 5 council members are even active in the community. I guess it represents real world politics well tho.
Sup fam, hope you all had a great weekend!
yo
to be fair the biggest voters are also folks we have never heard from haha
is the total token supply of ILV 1 million? or is that just how many tokens are being sold in the LBP?
the latter
thanks, what is the total supply then?
between 7 and 10 mil
How much is the price for balancer sale
No longer 100$?
Start @ 50?
Well that’s a good start
Not bad not bad
I’m buying at $4.20
how do you vote? I have pre-ILV but cant
Is the price gonna sky rocket??
good luck buying at 50 at the start without a bot
Yeh 50$ is definitely not the strike price
Cant it reach 1000$
At a 1$ pre sale I’d never buy above 10$. If it doesn’t go that low that’s all good too
Yes
Still gonna be game time decision here. 100 or 50...let's go!
Tricky either way, everyone wants at the lowes price, where it would end will we see on tuesday
Don't forget about gas
Yeap i know
If price goes to 1-10 i will afer uniswap maimnet
Ohh my japanese keyboard🙈
¯_(ツ)_/¯
ill put prob 2-3 ETH in. however i dont plan on buying the first few hours no matter what. going to watch the price action
Tomorrow is the date folks. Set an alarm or something so you wont miss anything
Bots will buy it all at $50. $100 is a fair start in my opinion
You are Japanese? I went there for the first time 2 years ago. Loved it
$50 has officially won. The proposal should pass now..
How can bots buy it all at 50 without the price increasing?
They cant
When this is all said and done I’d be curious to know what people were planning to buy it at and the avg price they ended up getting.
U think u won’t be able to get it at $60 now because bots will cost a big initial spike at the beginning and it won’t reach 60 again?
I think this has been answered but are there still promo nfts for participation in the lbp? But now it doesn't matter WHEN you participate just THAT you participate? ty
why is there so much hype for this token? is it expected to moon or something
iykyk
Oh. Wait I don’t see the problem here then lol.
$50 for a coin is alot unless supply is low, and it seems like theres like 10+mil in tokens?
Yeah i agree also
Oh that’s possible but all that matters in the end is ur avg cost.
only running for 3 days, so hard to tell
the other supply is locked also
1 year than linear unlocking
@sage falcon is there a medium somewhere with more details regarding the token itself?
i appreciate it sir
Buying early would most likely require a super high slippage % otherwise u light lose ur gas fees lol. Either way I’m definitely not participating in the first few hours lol.
@sage falcon 
What's up homie glad u made it and your in time for this sale going on. All the info is under announcements and helpful links. Character leaks is a poular one too
I've seen several Balancer sales, you're best bet is to wait at least a day beofre buying
I think you ll like illuvium I sure do
there will be some not so smart people that buy at the top as soon as it launches
24 hours+
Hey guys, I saw there was a vote a while back about what pair/s the balancer pool should be.. stablecoin or eth.. is it just eth? So the lower $50 start price is based on current price of eth at the tiime instead of say usdc/usdt?
@spark siren it is eth
The pool is ILV/ETH
and yes, it would depend what eths face value is
Expected Q3, Beta Q2
Check out the #🔗〕helpful-links , The Balancer sale is on 3/30. There is medium article in the links
Ok but in how many time almost we can play?
Most likely in the summer(beta)/fall(live) time frame. No set dates yet, just projected estimates
Correct me if I'm wrong, the seed sale for a coin previously was $3+. So $50 a coin for first public to me is still very expensive.
There was a community vote on using both Eth or stable coin; you can use either of them to purchase ILV. However for the in game purchase it strictly eth.
haha this is the opposite to what everyone else just said..
unless you mean you can convert a stablecoin to eth and purchase ILV with that?
You can still use a stable coin to purchase ILV only during the launch sales. Please where you on ? When a community vote was cast to use stable as alternative for only purchase of ILV and after the sales; only Eth will be use for in game purchases of the illuvials, etc.
However unless am outdated but i know for sure if am wrong the council memeber might be of great help . Thanks 🙏
$50 is the starting price for the balancer sale. Balancer sales are meant to start high and then settle out depending on buying interest. You can find more details on illuvium’s medium articles. There’s been a lot of debate on what’s a fair price for ILV in the games current state.
whats the best way for a non whale to get a foothold with this game? any opinions?
You mean a foothold as far as being competitive in the game itself?
This vote regarding stablecoin or eth was very much just a straw poll anyways.
The biggest voters are Kieran and I, and you guys can never make us shut up.
Not sure but if you’re more interested in the game than the investment, I think staking whatever ILV your comfortable with buying and having it convert to sILV would be a good start. That way your spending less money on the game itself.
Probably not activated yet.
They are not purchasable afaik
From what I understand you will receive points based off how many ILV you purchase during the sales. You will be able to spend those points on NFTs at a later date.
It was definitely just a poll of community sentiment to see if the original proposal of eth/ilv pair should be adjusted before the council voted on it. The sentiment was slightly divided and the proposal progressed as planned. If you trade stable coin in the BLBP you will pay at least double the gas fees to to swap between the pairs.
My understanding is that the points for NFTs will end up being awarded not by how much ILV buy how much ETH. Slight difference. But it helps soften the blow for those that buy at higher rates. In my view.
Hopefully Aaron is going to correct any of my NONSENSE
I think that’s correct now that you say it.
That's correct based on ETH spent
just send me 0.5 and then you'll have a nice round number
Enough if that's what you want to spend
This guy is sus
🧐
I have KFC ptsd from past raids
lol trust me im not a whale
Mmm yeah that KFC account from earlier.
The main issue was that there are at least 3 'main' stable coins that people wanted to use. That diluted the effectiveness of moving to stable coin, so it stayed as ETH.
As for some of the comments in this thread. I just want to say that I have tried my best to educate people on the mechanics of these pools, but it seems there are still a significant number of people that literally don't understand that spot price is meaningless without taking into account circulating supply, total supply, lock duration, etc...
I've had people DM me that Alice was $15 and so it is 'very expensive' for ILV to be $50 or $100.
So I'll say it again and hopefully some people will read it. If ALICE had the same supply as ILV, it would be priced at $150. I feel like putting forth a proposal to split ILV by a factor of a 1000.
In the end I'm locked so EVENTUALLY the price will be found. I guess we are going to find out how smart investors are in a couple days time.
You use ETH to buy ILV, thats it
Then you will get points to redeem for some NFTs
and then you play the game
Anyone have the link to where it explains how staking ILV to earn sILV will work?
You can take staking rewards in sILV, rather than ILV. This will burn the ILV. If you choose this method, you can get sILV as a reward instead of ILV. This will allow you to take your rewards as you earn them. If you take rewards in ILV, they are locked for a period of time, I think 1 year, gradually releasing. But you can check #🔗〕helpful-links for all documentation so far.
https://illuvium.medium.com/9-tokenomics-launchpad-and-reward-details-5894c3b356be is a good starting place.
Excited to see where we end up going during the sale
Just ignore the first green dildos and you will do fine
Thank Pelican
I forgot which Medium article it was in.
So once we buy our ILV from the balancer sale, if we want to lock our tokens for 1 year to get the full 2x benefit, have they said how we will go about doing that?
Staking will come after the sale
Hello Aaron! What do you mean saying "I feel like putting forth a proposal to split ILV by a factor of a 1000" ? Didn't get it.
True. Details will come after the sale. Just curious how much everyone planning on putting into the project, in ETH?
Multiplying the total supply to get a lower priced token. He was sarcastic. It all come back to the same value
I’m planning to put in 5 ETH.
Respectable amount
Lmao 😆 Now I got that ! Thank you 🙂
Depends on entry price and my FOMO at any given time.
Of all the projects I’m researching this one is at the top. Big auto battler fan, played a ton of TFT.
haha I stand corrected, just assumed it was all the big investors watching us from the shadows 👻
I'm gonna fomo at $50, dam
Same. I’ve spend the last 5 years or so doing more investing than gaming. I came here to learn about the game but since I’ve been here I’ve gotten sucked into the investment portion again. Lol oh well.
I was surprised they lowered the start price to $50
I would recommend against it since we will definitely see botting at that price. Be prepare to go with 500Gwei minimum and be faster than a program hahaha
And make your slippage like 30% lol.
Otherwise you will pay gas for nothing due to your slippage and slow transaction
Dude $50 for this token is so undervalued
lol
sure...
He isn’t kidding.
That scares me lol.
No point in fomoing in first few minutes.
Have they shared the NFTs yet based on eth you out in
So much people are going to get rekt
I love that he’s arguing with you on fomo and his picture is eddy
Hhahaha
lol
We have not. We will have a tutorial once the final interface is completed and the contract audit is completed. (Only the token audit has been completed so far)
But I can give you a pretty quick run down here.
Say how much to stake*, slide a slidey thing. Press a button. Done. (*if going into the ILV/ETH pool you'll have to have the ETH ready too)
HAHAHAHAHA
I am a simple man. I like it.
damn too technical for me
I am not being sarcastic. Although since it would have to wait until after the sale there will be thousands of people angrily telling me 'you made me lose 90% without realising they have 10x the number of tokens.
Will it be possible to stake a portion for ILV and a portion for sILV?
☝️ good question
I mean I’d be cool with a coin split lol
From a gamer perspective I’m looking forward to learning about the game mechanics, and how deep you are able to strategize in this game. Hopefully there are many layers and the game is well balanced.
We haven't. I have to work on that tonight with the artists so that you get a nice shiny picture that shows what's available. Otherwise if it was only left to me, it would just be a good ol utilitarian text table. No fuss. No muss.
It goes deep my friend hahah
Haha sounds good. Will there be ones at different prices? Curious what the most expensive is
Patience, all will be revealed
it's been said that you'll have the option to choose either one on a monthly (I think) basis. So not exactly what you're thinking but similar outputs
Not my strong point 🙂
No. That would be a silly way to do it and not near flexible enough. You simply stake ILV and receive ILV as a reward. Before you receive it you need to 'claim it'. At the time of claiming, you can claim it as sILV or ILV. By doing it the other way around you would have to know ahead of time what proportion you want to receive. This way, you can be flexible. Let your rewards pool up and then just decide at the time what you want to do. Wanna cure some high quality shards one month? Claim as sILV. Want to own a higher percentage of the governance tokens? Claim as ILV.
@plain delta I'm your fan from today.
Got paid how much? Just curious
I just brought on a former Riot Games employee to help design with me and I'm reasonably certain that he thinks my current design is... not shit.
woot woot
@lofty knoll Only very intelligent people know how to use irony with class.
Bois I need help to understand if he likes me or not.
I'm just an ape
Btw this is an inside joke with me and Aaron and Ami hahah
Nothing against you 😉
Yes. The most expensive is a very very very large amount of money. I doubt many people will be able to claim it. And because it is 'promo only' I personally don't think that will make the value lower, I think that will simply make it rarer. Remember nothing in this sale can be gained any other way. If you get and NFT from the balancer sale, you'll know that down the road nobody can mint more. Same as the Cosplay Promo Series.
And the emotes are redeemable for in game, but they won't allow you to win any more matches. But they are all variations of the default purchasable emotes. So for example lets say one emote had a smiley face. That's the default. The promo would have a gold tooth. And if you have it others will go to the store and try to find it. But they won't be able to. (NOTE: There is no emote that matches the description I just gave. It is an example)
So no marshawn gold tooth emote....
Anything is possible, he just won't have a smiley face
Got it thanks for the answer. Will be looking for a gold tooth smiley face for 1000eth 😂
for people who dont have huge sums of moneys ... there is still the randomisation draw of a few NFTs aswell isnt there?.. just going from the tokenomics thingy.
Cant wait to flame people in the arena with my OG swag
Yes I believe this is still a thing
so even the lil guys get a chance.
The random NFT drop is a staking thing that happens a long way down the line. This is a separate thing.
They might even drop useful stuff to use in game later who knows. When the game launches
but again.. the sale is not about the NFTs.. they are just added bonusessss.
Exactly
Guess I'll be rereading everything tomorrow, as some of these smaller details I have missed 
in tokenomics
I thought I read it pretty well, but always better to make sure I absorbed it
If someone puts forward a proposal that says they want to get in game usable Illuvials as drops before the game launches, they are more than welcome to put it in. But I will be strongly against it.
Nooo not that no.
Speaking once the game launches and is live for a few months. Like one shard here, one random skin here and there.
Stuff like that
Not full on Illuvials no
Illuvials are rewards themselves playing the game. Got to put some work in for it.
my bad... im starting to mix up details.. lack of sleep catching up.. not good.. haha
cosmetics and supporting stuff, like shards
Part of the in game yield that I would like to do is have 'sightings' for Illuvials where it becomes known that a particular one is suddenly more likely to be found in a particular region. And if you complete the quest and capture it you will get a portion of the yield.
That is dooope
100%
Like some hunt
i like that
Great idea!
Events with some special Illuvials too would be nice
Only available for X amount of time
nice... can you do the same kinda thing.. but with @sage falcon 's.. poem story thingys.. leave some hidden thru out the game.
Like raid bosses in pokemon Go
are the abilities all different even tho the illuvial is the same?
Not sure I understand
Maybe I've already put his poems in....?
I haven't.
like in pokemon you can have different abilities for the same pokemon. one charmander is not the same as another
Each illuvial has nearly unique stats, but they don't change too much. And when you play ranked you lose the unique stats for those battles.
ohh nice... hahahaha naawww.. dang, you bastard... ya got me.
The abilities are always identical. The stats are different. Keep in mind in our game an 'ability' is a special move that is done when they have charged up their energy. Like the Ember Cleave that rhamphyre does in the gameplay trailer.
gotcha
These stats will apply in "PvE", if I understood that
And Leviathan yes
So you can still grind for the perfect one haha
Leviathan? like an open arena, no normalization?
Yes that is the second arena
The savage one with full on buffs and stats
And you fight with what you have
Compared to ranked where if you have one baby illuvial you can chose the tier 3 form and play with it at normalized stats and level
Hello! New around here. Looking forward to leaning more about this project
Welcome
Yo
#🔗〕helpful-links is a good place to start
Welcome! I'd suggest you start with reading your #791148036935516161 message and have a read of the medium articles found in #🔗〕helpful-links 🙂
is there any difference between using the official balancer website or the illuvium one?
^yes, plan to do that before I start asking any questions. Just introducing myself.
🤣🤣
Not often one of the first statements is "I'm going to do my research first"
I know this is why we need to appreciate those moments.
Really kewl to see the love guys. I really appreciate it. You all are welcome to tweek it, I wrote some prose tied in with physics stuff too. I think I heard you mention your physics background.
I'm just an enthusiastic, but I love the physics too. Anyways Illuvians I'm excited for the future.
Your poetry will remain in the History of Illuvium for a long time
That would be sic
The OG Poet
i hope they do make it in... im pretty sure he was just messing with me at that point.. but id like to see them hidden thru the loovie world.
Regardless if any of it makes it in the game, I'm glad u all enjoy the prose
Sale tomorrow? 😻 but im just gonna spectate it i guess 😔
These people saying tomorrow scare me
👀
It all depends on your timezone hahaha
😆
Still the 28th here
will tokens get sold out?
yes
jeez
cant predict really
When is the sale sorry just joined?
I mean I can't tell the future lol but I'm guessing yes
30th March
thanks on balancer is it?
yea
Yes! You can find all the information in the medium articles in #🔗〕helpful-links 🙂
One question about the initial sale
does anyone understand how the Bootstrap Pool works?
I dont understand the asset curve.. who would buy first if the asset is over price at first
People that think the token is at a fair value at 50$.
if no one buys the price of the token goes down
there's a constant weight pulling the price down, when someone buys it pushes the price up
Buy in tranches if unsure
I thought about it.. If the sale would be in a L2 no problem.. but in L1 fees are a pain in the ass
I hate gas.....
we all do
I barely trade and somehow racked up 2k in trading fees in past year
which is nothing compared to most
but when you trade like three times a month, crazy
I’m so sick of gas fees I think this is my last ETH based investment for awhile lol
Same here tbh
lol
I moved to matic for a while
I haven't seen it drop in a few days, unless it's when I am sleeping
We will have to pay gas again to stake and then again to transfer our eth to L2 hahah
we are not done bois
I will need to bridge down to invest here lol
I told myself, ok GU is the only blockchain game ill invest in
Then came BBP
now this
lol
no regrets though, especially in GU
What’s bbp?
blankos block party
Oh doh. Was drawing a blank lol
shame they are using esio
but the game itself is what sold me. I avoid all things EOS
made an exception for this
so the idea would be to buy the token and stake to earn additioanl tokens until the game is available?
That's my plan, when staking becomes available
what's total number of tokens for the project?
10m is max, should be between 7 and 10 million, Sale is only 1m
thanks
The start price is USD 100?¿
50
thats high
not really
I think it is pretty likely that we will move to a full layer 2 solution at some point. But for now it will just be the game. We have tried as much as possible to reduce your GAS fees. You don't have to claim your rewards each week, you can let them pool. We are using balancer so there is no gas war. We've optimized the contracts.
You may want to look at the supply, instead of just a single number which without context is meaningless.
If the total supply was 1 ILV, then $100 would be a pretty nifty price.
which peers are you comparing?
both
we are talking about 1b valuation fully diluted...
yes I am looking at tokens
If its a top game it would be attractive we dont know that yet
@open pewter yup, if this game isnt anything but a top game, people are gonna lose alot of money with this valuation
except for the presale / preseed buyins
I'll do my best for ya. 🙂
Thx Aaron!
I know the team is working hard
I am just trying to do the math before the investment
lol
Scared about the initial bubble and pump
dump
I think the dump should also affect teh balancer so if anything it'd be a good thing
So I've been told
just don't buy the pump
How so? None of the seed investors can sell during the balancer.
bunch of people dumping at the same time drives the price down
there's going to be flippers in the balancer
theoretically what they dump should affect it at the same rate that their byu did, but if several do it at once might be a nice dip
but also I've been drinking and only barely legally allowed to put on my own socks so don
don't listen to me
Oh I get what u guys are talking about now. Missed the other dudes comment. Yeah I’m not brave enough to jump in at the beginning
Or stupid enough. There’s a thin line.
the start is going to be a shit show so I don't think it'll be about bravery it'll be about whether or not you scripted a bot 😄
Will you be able to see how many tokens have sold at any given time?
so i've been told
I havn'tb een a part of live balancer
but shoudl show how many are left
I'll be waiting as well and seeing what happens
I'm not very experienced with this
I usually just buy and hold haha
I Think that's a safe bet
I have a buddy that wants to buy too I may just pool my money with his
The balancer sales I’ve seen thus far have had like a “sale” site.m where you can go and read about the sale and see a chart. On the site they include a button you can press that takes u to balancer to exchange if you like. None of the ones I’ve seen have given stats on volume though.
I cant type lmao
Interesting I wonder if there is a way to track the volume as u say
with their be a uniswap listing soon after?
The will be a listing somewhere, don't think it's been disclosed yet
did we launch?
No
So are we buying straight away or is that dumb?
Sounds dumb.
So bad idea. We we wait?
Up to what people think, its price discovery
i really dont like the $50😩
There are 3 options: it goes up, goes down, stays similar.
50$ could be 10,000 though in a year
You never KNOW hahahaha
Or it could be $25
Uhhhh no
Why can it be 25 though? From the release date
Demand might not be high
Unless we get gifted tokens
Price drops
Yep
$50 is not the price they are expecting it to settle at
5-50mc?
Hence why it is $50 WITH a weighting of 96:4
This right here
we start at $50?
Yes
If no one buys any tokens at all, at the end of the BLBP (with a weighting of 50:50) the price would be $2.20
Wasnt it 100 before
The council voted to change it to $50
Yes it changed in the latest IIP
I guess not an IIP but council decision
So we shove 10b into the coin and still stays 50$
Making it seem like I shouldn’t even bother with this investment
Lol
I’m gonna have to read it myself to many mixed answers
What are you talking about?!?
Yes do your own research
Please do, look up how IDO works on balancer eith weighting
You'll see there's a good reason to do so
You're not gonna do that with a hasty investment, do research
Read the Illuvium Medium Article 9 on Tokenomics
There are gonna be so many apes on launch day it's gonna be a blast
Oh yea had a quick look looks like I wait
Our poor discord is gonna be on fire 😢
Don’t fomo is my suggestion
Hopefully it calms down a bit after the launch
Well it says the price will go downwards anywwy
I'll be on voice chat for fun and giggles
Oh snaaaaap maybe I'll stop in and say hi to my guy then
It is crafted to be pushed down during the 72 hours of the blbp but if people buy then it could go above. Think flappy bird. (An analogy used before)
Did the spider man clue ever get solved? Did the airdrop happen?
Soon
Not yet. Or maybe some have solved it. But definitely not happened.
Morning all
It was solved by someone
😏
lol
Did solving it get you anything?
Does someone even have to KNOW they solved it to have solved it?
If you solve it without knowing you solved it, what have you solved?
Join all discords. ALL DISCORDS
brute force this thing
Yes Daddy
https://illuvium.medium.com/18-illuvium-balancer-liquidity-bootstrap-pool-starts-tuesday-march-30th-15-00-utc-fcfd6f3f54d8 In the link it is said that "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".
Do we know if there is a minimum amount of ILV to be elegible for an NFT?
Did anyone else catch a last supper betrayal vibe here or am I the only one thinking about easter?
Oh man I forgot easter is right around the corner
I just asked this question in #814313779696238642 , still waiting for a response
I think $200 was the lowest redemption but I could be a lying fuck.
he might be busy
if not I know at least $200
Damn $200?? Where did you hear that?
Kieran I think
Lowest I saw Keiran mention myself was 1 ETH
Oh I'm not contesting you, I'm excited by the information
I just want proof so I don't get excited for nothing
Lmao
lmao
Minimum is $200. You are correct
Oh I see you. Though I’m pretty sure previous winners don’t qualify. 😂
What are some other Rpg games which Illuvium is similar to?
Illuvium
Just kidding hahah I do not have the answer to that
It is unique and the art is crafted for this game
Illuvium is gonna be so much better than the competence
hahahah
other games won't be able to stand a comparison against this masterpiece
Morning ☕
It’s been described as Pokémon meets teamfight tactics.
Hi Kieran. Thanks for lowering starting price from 100$ to 50$. I saw that you have already created Balancer pool. Are you considering to lower swap fee which is currently 10%?
Yes of course, this was only set high to disincentive bots, but even one still got through 😩 but he only bought 5 eth worth so it’s not too bad. We will be changing the fee to 0.15. Also I didn’t lower the price, the council did.
Mornin ppl..how everythin going?
No you can not. It takes 1 min to close the pool as the multi sig needs to confirm the transaction and this unfortunately takes some time. This bot bought instantly after the pool opened and now it is shut until the sale begins
ah i see
That means 5less ETH for us...grrrr..
Joke
Next time put the fee at 50%..they can buy then
90+% it, screw them.
Wait... the balancer pool starts tomorrow right?
absolutely
32 hours away
Phew okay
Anyone else worried it might sell out before the price drops below $50?
Any other potential longterm hodlers here? What is your take on the 50USD pricepoint
The highest you can set it is 10%
longterm holder and I think 50 is a fair price
we never know do we😂
I am. It starts in the evening in my timezone and I usually look after 12hrs-ish what happened. That would set me up for some missed sleep
2am my time lol
price will balance itself until the pool goes 50:50
Yea but you would be able to increase your position now
I'd expect it to go up very fast at launch and then slowly go down
that will happen yes
timeframe is 72 hours for balancer
the question is, will it reach 50$ again after
we hope so
That is usually the case but given the limited amount of tokens available... I worry about whalenation
it should, I've been in a lot of launch hype.. when is game release date ?
September estimate
and what happens once the balancer sale ends?
we go to regular sushiswap pool, right?
60 mins later or smt
I believe it was mentioned it would be on sushi. But I care about early adopter benefits too 😊
This is a game
Skins are everything yo
yep, lol
If that makes me a nerd... well... that is right I am a nerd
isn't the token only for governance
no
or some utility in game?
for Yield and utility ingame
ingame utility, how?
Staking provides sILV which can be used in game or converted to ILV
Since you can use ETH ingame however 🤷🏽♂️
when we are getting beta release ?
It is all very well explained
do some digging inthe ILV medium posts @sage falcon
everything is in there
you should be able to browse through in about 20 minutes
👍
I wonder if the real-time price of $ilv will be available on the site once the sale starts
I think the price change to 50$ is a good decision, if people will buy to this price is the question every thing can happen lets see
I think yes
50 is half a billion market cap, this is a stupid game bro
Yah but the circulating supply is not too high
thats a fallacy man
How much has 2077 sold in total so far?
It's probably already asked but, just connecting your ERC20 wallet like Metamask would be sufficient to be able to participate ?
if this IDO was done a year or two earlier, it would probably start at $5
The quality of the game is still unknown, it’ll be released Q3 so I’d say a lot of uncertainty
Metamask is ok
Alright, thanks
Possible 😁and most of people are not here either
Dont invest more then you willing to loose
Don't invest at ridiculous market cap either
Is your own decision
You can wait and check the price of it reach a certain value you can buy
all other tokens that started off with a huge market cap like BMI/KYL have been trending down slowly
The price will drop automatically if not many people buy
You can check announcement everything to the sale is detailed
I understand Balancer sales
Or helpfull-links
but if the buy pressure is to hard exponential decay may not happen
Yah this is the unknown variabel
if this is a token you like its probably worth but I believe most people are not interested in pokemon fights and just here to dump it on uniswap later
There will be only one million ilv for the sale
there are actually a lot of people wanting to play the game heree
just check the number of beta tester requests lol
beta testers join the testing in hopes of airdrop of some sort, cumon bro
hahaha ohhh
Yah the interest is very high
funny @stoic yew just joined and thinks he knows it all
there is loads of people here interested in the game
the token sale is the first public drop.. and there is 1mill.
And 1 million token is not too much for the public sale
I hope you are right, we will only see the real interest level when we go back to the gruesome bearmarket
ill be here 🙂
You are welcome
everyone is welcome here.. you dont have to invest to be apart of this community.
haha true. maybe I will buy more ILV then😋
yup same here
How was it?
Stupid question incoming.... Is there an online calculator that lets you know what your possible profits are when you enter into something like an ICO? For example, if I throw $500 into the ICO-gas prices and I either a)sell as soon as it hits the moon or b) hold for more longer term gains over time? Is this a wishful thinking request?
I'm not sure I understand the Balancer sale principal. Why buy at 50$ if the price is supposed to go down?
I thought the start price was $100?
$50
now it's $50
they changed it to 50
it was voted on
ahh awesome
Here's a good equation: (how much money you put) - 150 + (how much you predict it will go)
But so why enter at 50$ if its supposed to go down 😮 ?
because some ppl believe it worth more than 50
$150 is the gas fee?
but it says explicitly in the medium that the Balancer pool is designed so the price goes down, am I reading wrong?
or some ppl simply don't what the BLBP is
Its like exponential price decay function, but if the buy pressure is also exponentially high the price will remain stable otherwise continue falling
overtime i think it does, but if ppl ape in at the beg. it will go up
yeah true but if you look at other projects in the past. "going down" part was not true sometimes
@fleet grove over 24 hours, or what timeframe?
Wdym over 24 hours
Oooohhh, gas you can check at uhh google
At the time of purchase
It also depends on eth price
Gas is high so your investments have to be high
Hi! Is it possible to add a Czech chat? Since yesterday a Czech influencer mentioned your project, I think new people will come)
Možná právě obsazujeme chat v jiném jazyce?
)))
Nothing available now, wait till 30th march
So far has anyone ever use trust wallet on mobile to swap Eth for other token ?
Any problem using trust wallet to swap eth for other token/coin at binancer ?
they don't have private sale bro ?, only public sale on uniswap ?
they have any telegram group or chanel ?
swap on balancer bro ?
the article explains it all
I saw wallet connect , so wallet connect is different from trust wallet altogether or wallet connect is a general term used for wallet?
I really appreciate the new proposol
It makes me even more bullish on this project
as it is taking in and considering the concerns of the people here
What is the max supply token for illuvium?
this makes no sense. one of the good points by definitino of an LBP is that gas plays less of a factor. If you are buying at 15:01 (UTC) then YES you will enter into a gaswar, but there is absolutely no need to do that. THere is however always the possibility that bots buy in and keep buying in whenever the price drops so they can dump on retailers later. Unfortunately there is not that much you can do about that
I think if you are investing more then 2eth gas will not be a problem for you
OR.. hear me out, everybody who is on this discord longer then like a week or so will get to go first? 😏 ke ke ke ke ke
You still shouldn't invest under 1k
timing wise I can't loosen up more then 1k free cash before the 30th. So by definition I will look at Sushiswap later on anyways... though I hope Uni will be there as well because I never use SUshi
luckily ETH is swinging that big green candle around so it might all be in my favor
yea, gas at the start of anything is criminal
we have any telegram chanels ?
check the #🔗〕helpful-links
Is similar to uni
@blissful bay it might be a good idea to add that day time savings plays a role here. EU is now not UTC+1 but UTC+2
Yes right
I’m expecting that it’ll be like $100 gas to start lmao
Yeah that seems right for that time
start price 100 or 50usd ?
I should be measuring gas in GWEI and not how much it screws my wallet up lol
Also, is balancer strictly ETH or can I buy with WETH?
Ah alright
did.... did you just... you just smacked me with a "Google that shit bruh" didn't you?
haha yea, actually, my google automatically displays it when searched because Google has more eyes then evil big brothers dreams
What pair will be for lbp? And how much liquidity will be added at start? Anybody knows? Thanks!
anyone who can guide me to some precedents for a blcp sale that would be most relevant to compare this one to? I'm trying to do some more research around the dynamics of the BLCP process (the medium post was very helpful), and particularly around what price movements one would typically see.
From what I can tell the target weight is quite relevant, which has been different in other sales (plus I would guess the hype of ILV is different from many others), so this will probably end up going different from previous sales anyways, but thought I would ask!
How much eth in the initial balancer pool
What would be the fair price for ILV?
what do you think?😋
That's helpful - thanks!
maybe they should delevop the game in both platform pc and smartphone in the same time hehe.
hahahaha your right
So good morning :) my 4 eth are ready to make love with balancer :)
Got my ETH ready to go.... yeeha
is it april1 or 30th?
Anyone have a link to the tokenomics?
17 UHR in germany/Swiss
Thank you
Did the rewards and prices get revealed yet?
I've not participated in a BLBP before; should be interesting.
You mean the BLP nft’s?
You’ve already seen the emotes. The illuvial will be revealed tonight and the badges
Do we also get the "tiers" of the value you spend in the IDO or not?
or is it more hidden?
Yeah we can leak that too
Do the math, 4% of the pool in value. Right now, 50milion is 96% of the pool.
By my calculations, $ 2,083,333 in eth should be available in the pool.
and blacklist that one bot that got in already from getting NFTs 
bots have feelings
Hey guys, how are the gas fees going to be in balancer? never used it before
don't do that 😂
so we know who has the bot....
do we?
150
🙂
that's ok
like 50€gas fees?
Yeee ok, I think Im gonna have to pass then... It's a shame but as a small investor this gas fee problem really is keeping people from getting into the game
thank you anyway!
into the investing game i mean :p
don't understand the point of setting high gas at the beginning
shouldn't the gwei value be limited to congestion at ethereum network or are we like making transaction use more computational resource to disincentive bots
Um— holy crepe. Away from discord for most of the weekend and... well, yeah I’ve missed way too much. Don’t even know where to start this time... Happy Monday y’all 🥲😓
Guys, I read the medium post, but I dont understand how the balancer ido will work. Its very confusing for newbies. Can someone share a helpful video or link or something?
Good luck mate 😂
I think the #809220563397902346 channel will be the best place to start but just making sure I have this right... The proposal from Delphi is definitely passed?
yea, it passed
im a small invester.. with less thank large pockets... an still gonna wait for an entry point... just kinda happy to have this opportunity.
thank you.
Thank you ha. My next two weekends are preoccupied for the most part too... not looking forward to missing out on ILV happenings again 😫 Pretty sure someone said 2 days in crypto is really like 2 weeks... now I believe it! Wondering if there were others like me that didn’t get a chance to see the proposal before it passed
already done
When’s pool open folks?
New NFT?
Yea things move fast. You can still read the proposal here if you'd like to... https://snapshot.org/#/ilvgov.eth/proposal/QmRVX6vnx8y8ttb3iQQehsATwSnrEdVowLTSJJJhzmRiiK
26ish hourrrrrsss to gooo, right?!
yea yeaa
Thank you! Definitely will check this out today and all of the other channels when I get the chance
Planed for tomorrow 15:00 UTC Time
I gotta change my strategy with that price change lol
Gas scales with the weighting? Theres more gas when the token costs more?
Ah the gas will scale with how many transactions are being made
Thanks
Hope you all had an alright weekend! Did anyone happen to post (or has and can post) the corrected balancer pool simulation spreadsheet?
Appreciate if anyone could share the simulation spreadsheet 🙂
Yah me too now plan B in Action 😁
Meh, let them ape, everyone else sits back, and they take a loss when it drops
Hm, I must be misremembering what I read 😅 thought someone had one. Oh well. This is going to be fun! 😜
<@&765892278131752970> #💬〕general message any thoughts?
@marsh river is your man
Will tokens migrate to L2 automatically?
or we will need to bridge (adding more gas fees ?
So is better to fund 1 account between many in order to buy and stake later
I think we will be doing that with a couple of friends
only 1 purchase and 1 stake fee
I thought L2 was only for NFTs
But how you buy nfts if you have the currency in L1?
Oh yeah, that ☝️
does the BLP pool support selling as well?
i.e. can I buy and sell some an hour later?
cheers
do you know if they plan to deploy the pool first and then activate on 15:00 UTC, or do they plan to simply deploy at 15:00?
aight, thanks
you have a lot of reading to do, BLBP isnt even a token
hahaha lol
Hi, guys!
Is there Illuvium's Github?
Between 7 and 10 million
There is an option, that when awarded ILV through Yield, that that ILV may instead be used as sILV and converted into in game currency once the game releases
And since there is 3 million tokens that will be awarded through yield, if every token from yield is taken as in-game currency, that 3 million will not be minted as ILV
And the max supply will be 7 million
On the other hand, if absolutely no one forgos their ILV yield rewards for in-game currency, then those 3 million yield tokens will be minted
making the max supply 10 million
Its 2am for me lol
I’m just going in at the top 🤷♂️ so I know I hold something
Especially seeing the half off price now 🤣
That is a fair strategy. The price may never drop below the initial price, or the tokens may sell out before it would ever drop below $50
I am still undecided about if I should wait or buy instantly
Yeah it would be nice to get it at 20 bucks or even 5 but I would rather have something then nothing at all
I can see myself buying at double the starting price because I waited and it never goes down
Don't worry anyone else reading this, it will drop as soon as I buy lol
Lol
Same
Which I don’t even mind letting others get cheaper we al in this together
Its ok though, I think in the future it will exceed the price of the BLBP at any point
Yes exactly
Im kinda hoping it sells out fast because that would just show the immense hype for the game and trust in the crypto
I ask a lot of questions, I owe it to the community to share what Ive learnt lol
Ha the hype for the game is above all others
Hype does not define the value
N I’m a very big player for most of the other games.
The coin will hold more personal value for people who hold it but also really enjoy the game
If anything
The route n vision they have is something that will be something for the long term in gaming
Even if the price is stagnant
Im just, if not more excited for the in-game currency yield rewards than I am for the crypto itself and its potential to make bank
I can careless for the profit side the game itself is what I’m there for I already have my income in other games set this game interests me from a gamer side
hello did framework invest your project?
how much was airdropped
