💬〕general

[hollow galleon]

what was seed price

balancer starts at 50 _

?

[worldly violet]

Yes

One moar day!

[last bolt]

1 day to go folks.

[torn patio]

so 3pm UTC is 11am EST

[fierce vine]

yeee'

[hollow galleon]

whats the vesting scheme

[timid bison]

how does that work with 5Million USD seed round from capital investors at 3$

thats 1,6 million tokens

= more then the total supply ?

they must have paid less

aha ok, so only 1 million is beeing sold on the balancer dutch auction

[fleet ocean]

What time will it be listed im from the uk?

[fair moat]

23 hours 30 minutes from right now

[sudden bronze]

Tks!

[timid bison]

pardon me if this has been asked before. Assuming 10m total supply;
if 10% of the total supply is being sold tomorrow starting at 50$
And 16% of the total supply is already sold to capital investors around 3$
Whats the plan with the other 74% of the total supply
Is there an overview to be found ? Thanks 🙂

[south hatch]

@inner topaz As rad as Big Brother Squizz looks

Squizz has my heart

[red crater]

damnb

[hollow galleon]

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

[red crater]

squizz stage 2 so badass

[hollow galleon]

https://miro.medium.com/max/2400/1*degLOQo-vCbf6l-YM9c7wg.png

all tokens are in circulation by month 3 _

?

[inner topaz]

Same

[south hatch]

A man of culture

[hard canyon]

no https in the governance proposal link?

[ionic sonnet]

Damn, didn’t realize the token had a gas fee of 100-200. Was planning on trying to get ~500 so the fee kind of prices me out

I will definitely be watching though to see how it all plays out

[inner topaz]

The fee is being updated to normal tomorrow. 0.15%

@ionic sonnet

[timid bison]

50$ would put it at 500mil market cap ~ rank #130

[fiery condor]

It's almost the 30th! wooooooooot

[timid bison]

wonder if thats realistic tbh

[hollow galleon]

after how many months are all tokens distributed cant tell by the gaps

[hollow galleon]

no its not

[fierce vine]

name him Squizzleton.

[fiery condor]

thats not how it works

[inner topaz]

36 months

[fresh ember]

oh man last stretch

[vale nimbus]

$50 will be around 50 million marketcap in circulating supply

[quaint glade]

I was thinking the same thing.
The market cap would be 300 mil with 6 million circulating..
Seems a bit high.

[fair moat]

FDV?

[hollow galleon]

fully diluted

[timid bison]

a yea. see its not all circuiting ofc

[fair moat]

Thanks

[timid bison]

mybad

[tawny panther]

FDV at $50 is $500m

[wind forge]

It will appear at balancer.exchange tommorow or somewhere else?

[spiral flare]

1 million + airdrop circulation

[hollow galleon]

what is airdrop crc

circ

[quaint glade]

Total circ will be 6 million after tomorrow.

[spiral flare]

Around 20K coins i guess

[hollow galleon]

is hardcap 1 mil tokens

tomorrow

[quaint glade]

So circ before this was 5 million

[ionic sonnet]

The man of the people.. I like you

[spiral flare]

How is that?

[quaint glade]

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

[hollow galleon]

https://miro.medium.com/max/700/1*XtR-DIPQxRjGkqF70meO2A.png

[gloomy ibex]

1M for the 3 day sale, once it's gone, it's gone

[inner topaz]

No, it will be 1.5m ish

Pre sale investors, team etc are locked

[hollow galleon]

they do count though

[inner topaz]

No they don't

[hollow galleon]

lel

[quaint glade]

Oh. How long are they locked for?

[hollow galleon]

ah i see

[severe igloo]

any of you saw Squidward in Character-leaks? DUUUUDE badasss

[hollow galleon]

will there be a public sale

or just straight to uniswap/cex

[spiral flare]

But 5 million are locked for 12 months i guess

[hollow galleon]

i mean after tomorrow

[inner topaz]

It is a one year lock, and then an additional 1 year linear vesting

[quaint glade]

So market cap will be 75 million until the locked tokens become unlocked.

sorry

75 million if you were to go off of the $50

[tawny panther]

$50 is a decent starting price, better than $100

[severe igloo]

Y'all should call it Cthulhi. Morphing into the real deal

[inner topaz]

Somewhere around that

We can't know for sure until we see who LP's

[tawny panther]

I'm not going to ape in, I will bide my time

[severe igloo]

We should really just wait... I think I will have a look at the price before I go to bed

[gentle sorrel]

Omg tier 2 squizz

[tawny panther]

In the early stages lbp prices drop a lot with each weight change

[quaint glade]

Yeah. I'm gonna be a patient boy on this launch

[spiral flare]

If sale is concluded you add liquidity to uniswap?

[severe igloo]

but I really will get at least one, just for nostalgias sake after gas has died down a bit

[quaint glade]

When does the game launch?

[timid bison]

I expect it to come closer to the inital seed $ per coin, but maybe not as close.. 10$ ish maybe before it shoots back up past 50 in the very end of the dutch auction

[barren scaffold]

Stage 2, but I do wonder what tier Squizz is... 🤔

[severe igloo]

and then I will wait

[gentle sorrel]

Stage 3 clearly, he gets smaller

[junior belfry]

Just saying if bots or anyone of you ape in at 50 they must be looking for ways to burn money.

[severe igloo]

I noticed you have a sexy swap setup on the website, will you show the current weight ratio and tokens remaining or are you afraid that will generate FOMO?

[gentle sorrel]

I will fight you for stage 2 squizztopus

[severe igloo]

Have you seen this Anime I'm a spider, so what? It's an isekai and actually she is smaller in a higher stage. Gains more speed and venom too

[hollow drum]

Octopus based? Or Squid?

[inner topaz]

Sushiswap

[spiral flare]

Ok

[violet moat]

Or is everyone like you saying that to convince the newbs to wait so you get it at the cheap price of $50 and they all have to pay $100 🤔

[junior belfry]

The realistic scenario is that the price will keep dropping for several hours. In some points there will be determined investors who will think that mid-term or long-term this is a good price. Then the price will keep dropping. At some point the ape-crowd will start probing the price and then we will all look at each other and say "oh shit, this is bottom!". That's when we will start pouring in the eth and cover some of the previous pricepoints that we were ignoring/bluffing earlier.

[gentle sorrel]

Head shape makes me think octopus

[hollow drum]

I agree

[severe igloo]

lol, you have been in moreLBP's ey?

[hollow drum]

could be our version of Tentacruel

[junior belfry]

no offense, I like that this project is a full game, I see the guys put a lot of effort but it can't draw 50$ x 1 mil tokens.

[severe igloo]

Depends on how people view it. Holding ILV is, imho, heavily incentivized

[quaint glade]

It seems high for a launch, for sure. We'll see what happens.

[fair moat]

Hmm... Squizz is like a squid but I don't see any tentacles, only arms 🤔

[hollow galleon]

based

[quaint glade]

redpilled

[hollow galleon]

marketcap right now is 75mil ?

[tired terrace]

So in the end will we be able to use USDC to swap for ILV or only ETH?, couldnt find an answer

[hollow galleon]

the balacncer start price dictates the price imo

you set it at 50

[junior belfry]

well anyway, that's the name of the game. Tomorrow I will ignore the 50$ pricepoint as too expensive. If you guys grab it and ride it to 200$ I will be regretting my FUD. If you grab it and watch me join the bus at 25$ then you regret your FOMO.

if we knew how to fix this we would be waiting for our Nobel prize

in nft obviously

[tired terrace]

@blissful bay

[quaint glade]

mcap would be around 75mil tomorrow if people buy the token for $50, yes.

[fair moat]

Where can I look at other cryptos that launched on balancer like this?

[tired terrace]

so USDC or ETH x) ?

[hollow drum]

So cheapest way is to transfer ETH

[hollow galleon]

wut

ofc not but its estimate

[tired terrace]

ok thank you 🙂

[hollow drum]

Ok cool thanks

[hollow galleon]

how quckly does the Balancer pool depricate

[hollow drum]

Any word on using a coinbase Wallet? or Ledger? Just trying to minimize gas fees

ok makes sense

so stick to Metamask

cool thanks Ami

[gloomy ibex]

You should be able to use Coinbase Wallet.. The wallet, not the website. Balancer is compatible with Coinbase Wallet

[lapis ingot]

How about trust wallet?

[gloomy ibex]

metamask, Walletconnect, Portis, Coinbase Wallet, Fortmatic

[lapis ingot]

Okay thanks

[barren scaffold]

It's down to whatever balancer supports. Go to balancer.exchange and ensure the wallet you want to use is supported

[gloomy ibex]

I think walletconnect is a provider/3rd party integration, so it may be in other wallets that work

[quaint glade]

I really like the sound of this balancer service. I hate standing by waiting for the second a coin launches.

[lapis ingot]

Meaning trust wallet might work if wallet connect supported it?

[quaint glade]

Mostly because I have to miss them because of work usually.

[gloomy ibex]

I can't say for sure, since I haven't used it, but what I have read if walletconnect is supported somewhere, all wallets that use it are compatible

[noble copper]

How much liquidity will be added to sushiswap by the team? I don't see anyone talking about this regarding the circulating supply

[barren scaffold]

Go to balancer and ensure the wallet you want to use is supported and you're familiar with the steps ahead of the launch. https://i.ibb.co/ssgd0tf/Screenshot-2021-03-29-at-16-55-13.png

[quaint glade]

I believe however much is left over from this balancer launch after 72 hours, right?

[gloomy ibex]

And you can go and try to connect now and see

[lapis ingot]

Thanks all, i go try it now

[gloomy ibex]

unsold goes back to the treasury

[quaint glade]

So how much liquidity is provided to Sushiswap?

[formal oar]

I am not familiar with slippage, I see Balancer has a few choices. Am I okay leaving it at the default lowest setting or should I change it?

[ebon ginkgo]

bye bye TFT hello Illuvium

[gloomy ibex]

None of that has been announced

[quaint glade]

Copy

[quaint glade]

Slippage is how much you're willing to let the price fluctuate from the time you press "Swap" to the time the transaction actually takes place.

If a coin is very volatile and is moving outside of your slippage range when the transaction is trying to take place, the transaction will fail.

[fluid jungle]

What is your target price to enter😁

[hollow galleon]

is this a mmo

[open pewter]

100 is high

[hollow galleon]

ngmi imo

[formal oar]

Thanks!

[formal oar]

Thanks!

[gloomy ibex]

I can already hear the complaints

[fluid jungle]

50$ is the starting price right

[sage falcon]

so it's better to use high slippage and high GWEI?

[worldly violet]

Sometimes it pays to spend more gas lol

[hollow galleon]

if you wanan snipe yes

[quaint glade]

When does the video game release?

[hollow galleon]

q3

[quaint glade]

Damn dawg....it's going to be interesting to see where the price of these tokens actually end up.

[fluid jungle]

And it will go down because of the anti fomo 😅 ahaha am i right

[hollow galleon]

why s token needed

is

ingame currency _

[formal oar]

Ah ok. so low slip and higher gwei is safer?

[worldly violet]

Governance, yield farming, passive income from dex fees

[snow violet]

uhm question, will this be like axie infinity wherein you needs to buy illuvium characters to play?

[quaint glade]

I don't know how it will work with the balancer thing, but from personal experience...when a coin first launches, the price is so volatile that with low slippage, you'll never get a successful transaction.

[hollow galleon]

ok

tell me

who tf is whale in here

[main leaf]

every1

[quaint glade]

It's you, tendies.

[main leaf]

whales are here. planktons are on TG fuddin

[fluid jungle]

Lol🤣 im confuse now when to buy🤣

[hollow galleon]

never

let the price go down to 1

[wild cedar]

after the pool is depleted our preILV would be converted?

[hollow galleon]

so seeders are rekt

[snow violet]

how to capture illuvials ?

[hollow galleon]

is there any more gameplay we ca nsee

cuz demo looks like rust with pets

without the building stuff

one screenshot

come one

[quaint glade]

Personally, I would wait and watch this one a bit.
I think $50 is a little steep for this token when the game launches 6 months from now.
Don't FOMO in.

[hollow galleon]

really 50 usd balancer start and one screenshot

happymerchant.jpg

[snow violet]

uhm why do you need to pay at what are you going to pay? is it gas fees?

[fluid jungle]

Thank you🙂

[hollow galleon]

why does a 50 man team produce a trailer like that

i can make it myself

[worldly violet]

Lul

Please do

[fair moat]

Do it? I want to see lol

[hollow galleon]

give me 5 days

lol

[fierce vine]

you also have to create the assets yourself within 5 days.

What GPU/CPU do yuo have? i'm curious on your guestimation on how long rendering a trailer will take

because my renderings on a 1070ti for one 3d image takes ~30-60 minutes and that's not moving lol

<1m poly

[hollow galleon]

1m poly wtf are u trying to render

[quaint glade]

Take about a half hour

[fierce vine]

< means less than lol

and I render sculpt sometimes

[hollow galleon]

i would prebake my scene and send it off to arender farm

pay 15 usd

[fierce vine]

K get it done in 5 days

but create the assets first since that's what they did

[quaint glade]

He'll do it in two

[formal oar]

ick, I have a bad feeling that fees will eat me alive.

[sudden dawn]

https://tenor.com/view/stressed-out-suspense-eating-popcorn-waiting-to-see-what-happens-gif-14120143

[snow violet]

ohh okay, i get what you mean. I was expecting that you'd be spending alot to earn from the game hehe\

[fierce vine]

Not white knighting for them I just think it's funny when people pretend to be AAA devs and can get something done at the snap of a finger

[fierce vine]

read up on immutable x, should resolve your concerns

[quaint glade]

He's just baiting you, bro. haha

[snow violet]

okay thank you for the info 🙂

[hollow galleon]

cinematics are not dev stuff

lel

[fierce vine]

lol I know. but I'm procrastinating work.

[hollow galleon]

anyways i am a bit underwhelmed by the cinematic tbh

[sudden dawn]

its ingame

[hollow galleon]

oh i see

that explains it then

ty

[ionic sonnet]

What are your predictions on how long until the coins are sold out?

[formal oar]

I just mean for the BLPB, I don't want to miss out because I can't get my transaction through lol. I'm a noob at ETH transactions tbh.

[fair moat]

Anywhere between 20 minutes to 24 hours

But Im inexperienced and what do I know probably nothing

[hollow galleon]

is presale ends after 20 minutes, token price would be around 300usd

[fierce vine]

oh sorry I misunderstood. yeah I havn't done a balancer before but I bet you can find suggestions on slippage and gwei

[quaint glade]

Listen. The only thing I care about is whether or not kids are going to spend their daddy's money on this game.

Are there bobas? Bobas sell.

[fierce vine]

someone had a guide, not sure if it's done.

[calm osprey]

lmfao $50 starting?

[formal oar]

stretching my Googling fingers lets take a look.

[pale ruin]

$50?

[quaint glade]

$50?!?!?!?!

[formal oar]

$50?!!?!??!?!?!?!!?!?!

[fair moat]

$50??

[hollow galleon]

.

[fair moat]

50c please

[hollow galleon]

seed was 3 usd

[quaint glade]

Yes pls. And bobas pls now.
Send bobas

[fierce vine]

It's a balancer, don't buy at $50 if it's not worth $50 lol

[formal oar]

tHe ReNt iS ToO DaMn hIgH?!?!?!

[languid latch]

what is it gonna go down to?

like its gonna start with 50

but how low will it go?

[quaint glade]

bout tree fiddy

[formal oar]

Can we get a magic 8 ball bot?

[languid latch]

thats still very high

?

[quaint glade]

doubt

[languid latch]

that would put a 1 billion valiation on the project

seems sus

[formal oar]

I expect >$50 the first day based on lack of understanding on how the pool works.

[languid latch]

if it were not to go down

[hollow galleon]

honestly nobody understands how balancer pools work

just yolo

[languid latch]

ofc

[fair moat]

Damn its not like they released multiple articles on balancer pools or anything lmao

[formal oar]

sure. just not at opening.

[hollow galleon]

if nobody buys after 6 hours price would be X

given this weird as forumka

forumla

[fair moat]

If no one buys for 3 days price would be $2.20

[formal oar]

I was just getting ready to model this. Thanks for doing the work for me :p

[hollow galleon]

can you teach a retard math @fair moat

[quaint glade]

He can try. I'm not going to make it easy on him, though.

[pale ruin]

what is reasonable range guys?

[hollow galleon]

tree fiddy

[quaint glade]

Yes. General consensus is tree fiddy

[fair moat]

Give me a moment Im nervous now and its 3.30am lol

[signal locust]

apes gonna ape, going in at $50

[red crater]

what's wrong with 50?

small marketcap still at that price

[hollow galleon]

500 mil

[red crater]

fully diluted ye

[hollow galleon]

motivate

[red crater]

not all 10 mil tokens will be available right at the start

and 3 or 4 mill are earned through yield

so those will come back to the plebs

[quaint glade]

It's a big market cap for a project still in its infancy

[red crater]

ye I know. But you gotta look at it realistically

if you see ALICE for example

[torn patio]

Go watch the Cardstarter public sale going on right now, started 32 min ago.

[hollow galleon]

checks the trailer again

[torn patio]

people/bots pushed CARDS from 0.15 to $3.50, now it is at $2.50

[red crater]

heh ok just jumped in the convo

well tbh every person should make up his mind for himself

[languid latch]

so sale will be in 22 h and 30 min ?

[red crater]

72H

[quaint glade]

I've been talking about the $75 mil market cap. Not FDV.

[hollow galleon]

yes in one day

[red crater]

lmfao @ profilepic

[hollow galleon]

it will last 72h

[quaint glade]

And it's not nonsense. 75mil is a high market cap for a project in its infancy.

[torn patio]

-ft set

[compact radish]

User - Time Zone

What is your time zone?

You can find time zones by using the Time Zone Map.

Simply select a location on the map to see the time zone name.

Example: America/New_York

Enter your response below (or 'stop' to cancel).

[hollow galleon]

cardstarter is at 4 usd lol

[quaint glade]

75mil market cap would put it at number 418 on coingecko.
For a game that doesn't come out til q3

[red crater]

it's crypto dude

that shit happens every day

[compact radish]

Setup has expired. Please try again.

[red crater]

look at ADA

theyre top 5 and they dont have smart contracts lmfao

[quaint glade]

Yes. It happens everyday. To some coins.

[red crater]

and I agree with you @quaint glade , but I'm 100% sure this will start out with a higher market cap than 75MIL

just because of hype/fomo/potential

[quaint glade]

It'll be interesting to see

[red crater]

anyhow, in a year or 3 to 5 we will all have a good laugh when the game is huge and we 100x'd and Lord Kieran is a billionaire

[lofty knoll]

Who is this guy.

I am finally caught up on questions being answered in the #791148036935516161 and medium articles...

[fair moat]

96:4 = $50
96:4=24
50:50 = 1
$50 divided by 24 = $2.08

[lofty knoll]

Also everyone be mindful that there is going to be bots ready for action. I strongly recommend you wait out.

I myself will be sipping on some capri sun watching it all

[formal oar]

I feel like you are getting your "I told you so" copy/paste ready for tomorrow. 😆

[lofty knoll]

I also will be in voice chat to help counter the fomo

[lapis ingot]

Can give me the URL to see it?

[fair moat]

Watch there be 200 apes in the voice channel

[lofty knoll]

Well the fact that one bot already got trough is enough to prove my argument..

[fair moat]

Stream a movie for everyone in the voice channel so we can all chill and get entertainment while we wait?

[formal oar]

we need @inner topaz to get that disco bot going!

[lofty knoll]

Yea haha

If we are patient enough they will run out of juice and we will get the price we want

Don't worry

[fierce vine]

I know I love that bots weren't a concern then before sale even happens already takes effect lol

[lapis ingot]

Can give me the URL to see it?

Thanks, selected the wrong reply. Lol

[blissful tulip]

What does this mean?

The declining price mechanism of the BLBP allows interested users to wait until they are comfortable with the price before acquiring tokens. No need to rush.

[fair moat]

@blissful bay were you the no vote?

[fierce vine]

Oh yeah 100% I totally agreed w/ Rah's post. I knew it was going to happen. I'm 100% against the drop in price.

[lofty knoll]

It means what is written.. The price falls over time without enough buying pressure applied. You wait for it to fall enough and you buy when you think it is at a fair value for you.

[fierce vine]

went from a legit sale to a bot race

[last bolt]

I do too

[fair moat]

That's fair, I was mostly indifferent but I see points from both sides

[hybrid finch]

are we going to be able to see the price or charts or sometihng

or have to calculate price in eth

[lofty knoll]

We will be yes.

[fair moat]

Its ok @lofty knoll will be giving us vocal price updates every 5 minutes in the voice channel live for the whole 72 hours 😉

[foggy arch]

Is that link to illuvium swap offline ? It isn't working here yet

[gloomy ibex]

Sale is not until tomorrow

[green flare]

surd hic turk yokmu

alooo

türk yokmu hiccc

[fierce vine]

I agree 100%

[gloomy ibex]

Is this a foreign language?

[fair moat]

https://tenor.com/view/is-this-a-pigeon-meme-butterfly-anime-the-brave-fighter-of-sun-fighbird-gif-16424135

[green flare]

Turkish speaking

[fierce vine]

Ahh if you have trouble with English there’s a Turkish section that might be able to help you. That sounds more rude than I mean I’m trying to be helpful lol

[lofty knoll]

You will find friends here #797985414287327282 🙂

Or you can stay here also

We are not bad as friends

[green flare]

When to sell ILV tokens

[lofty knoll]

Never

Buying? Tomorrow

https://illuvium.medium.com/

[gloomy ibex]

3/30 3PM UTC

[green flare]

where can i buy

[lofty knoll]

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

Balancer or the Illuvium website.

[formal kettle]

For anyone wondering how to value this sale, and the FDV vs MC dynamic:
After 2 years the “significant majority” of coins will be released (from Illuvium medium article). So let’s say the price hits $100 in two years, then Illuvium will be valued at $1Bn.
For some perspective, only 20 companies in human history have hit the $1Bn valuation after just two years of being founded.
So before going crazy tomorrow, ask yourself if a 2x return on a price of $50, for example, is worth the risk of it not becoming the 21st company in mankind’s history to hit unicorn status after two years.

[foggy arch]

$100 in two years ? You gotta be kidding

I think you didnt notice the potencial yet

[fair moat]

Thanks for the insight 👍

Very interesting

[sage falcon]

lol

[barren scaffold]

Sir have you seen coingecko.com?

[foggy arch]

PancakeSwap hit 2bi after one year

anyway

[haughty stag]

should I ready wETH or ETH will work as well?

[barren scaffold]

Both are good

[formal kettle]

Lol Yeah good point. I wonder if that’s crypto being in a bubble or just that tokens value accrual is different to share value accrual?

[foggy arch]

Enjoy the bubble before it explodes

[lofty knoll]

Crypto world is different than normies gaming world

[foggy arch]

indeed

[lofty knoll]

But your point would be very valid outside of crypto

Good analysis

[fair moat]

lag

😆

[lofty knoll]

1B puts you at only rank 93

I think we can do better than that

[foggy arch]

same here

[fair moat]

Me three

[signal locust]

ADA is worth 38B with no smart contract after 4 years, nothing is impossible in crypto

[formal kettle]

Sheeet I guess you just have to throw the non-crypto world playbook out the window and ride the rollercoaster

[foggy arch]

HAHAHA

[lofty knoll]

I recon we can be up there with Enjin at some point.

It is all about how good the game will be

But being the first full designed art game on L2

[west notch]

bare minimum > axie infinity

[lofty knoll]

I am confident

[fair moat]

https://tenor.com/view/laughing-hysterically-laughing-n-gin-crash-bandicoot-cart-gif-15535733

[barren scaffold]

The scam website has raised 200k in like 4 days. One bot's already snapped up 150ILV in the 50 seconds gap between updating contracts. It's going to be an interesting experiment...

[fair moat]

Its N. Gin btw (Enjin?) for anyone that doesnt get it

[lofty knoll]

hahaha nice one

[west notch]

lol

[foggy arch]

dammm love it

[lofty knoll]

But we are all on hopium here

[fair moat]

How sad would it be if bots bought literally all of it in a few hours

[lofty knoll]

They would have no one to dump it on lol

[west notch]

well theyd all be losing money against each other

so thatd be no fun for them

[barren scaffold]

Well if your bots are building a position, you don't need to dump..

[fierce vine]

right. we made it too easy for them lol

[west notch]

if youre building a position then youre incentivized to keep price lower for longer

[barren scaffold]

hmmm

[west notch]

not pump it before youve accumulated enough tokens

[barren scaffold]

I'm go get some food 😅

[lofty knoll]

If they have too much token it is not decentralized really anymore and well.. project fails

[fair moat]

Enjoy! Let us know what you get 🙂

[bleak tundra]

We’re less than 24hours away from the sale and still there’s no information about the points system or am I missing something ?

[foggy arch]

Point system ?

[fair moat]

Yes I am waiting for the article on it, I was told multiple times it would come before the BLBP

[sinful edge]

Im still confused on how this balancer thing even works and im sure alot arent aping in not fully understanding the process

[bleak tundra]

Where you’d get exclusives based on how much ETH you spend

[foggy arch]

oooh true. I still dont know how that will work.

[fair moat]

Exclusive NFTs, I think most are emotes (some are revealed in the #🚰〕leaks channel)

[lofty knoll]

Just wait it out buddy

It will go up at first

We wait

if we all wait we good haha

[fair moat]

From my understanding the cheapest NFT is $200 worth of ETH, and the most expensive is "way more than 5 ETH", with only one NFT being a collectors Holo

[raven echo]

were the NFT tiers ever posted? i know the min is like $200 right?

[sinful edge]

I feel like balancer is a FOMO INDICATOR of PRICE lol. Am i accurate on that @lofty knoll

[fair moat]

Not posted yet, Im keeping a keen eye out for the article

[lofty knoll]

Yes and no

It can all be manipulation

[lavish fox]

anyone gonna ape at 50$?

[lofty knoll]

If we were all telling you from the beginning that 100$ was the fair price a lot of people would just listen to us and ape in

[bleak tundra]

I’ll wait for 49.9$ 😜

[west notch]

yes im buying up the token supply from $50-$150 range

[sinful edge]

good point...

[west notch]

in under an hour

so get in while you can

[fair moat]

Damn you a whale?

[lofty knoll]

He has the 900 billions

[bleak tundra]

I disagree

[gloomy ibex]

or just an ass

[west notch]

yes i regularly spend billion billion in the first hour of an LBP while the weights are stacked against me

makes me feel alive

[lofty knoll]

You would be surprised how much people don't do any research these days and just listen to fake gurus on youtube

Shilling there own bags

[fair moat]

people dum

[sinful edge]

appreciate your guidance... give credit where credit is due...

[foggy arch]

I have planned my strategy based on that $100 price. Now i'm remaking my strategy with the current $50 lol
It'll be a huge IDO

[lofty knoll]

Indeed it will be exciting and terrifying hahah

[fair moat]

Im more scared than excited

[lofty knoll]

I am getting ready for thousands of complaints from people not doing research and getting rekt but this is how it is

[fair moat]

ngl i may get rekt

[foggy arch]

Yeah. Many ppl didnt research about BLP

[fair moat]

despite research

[gloomy ibex]

Many will complain about slippage and losing gas fees

[sinful edge]

FOMO never worked for me in my Crypto Journey... So im just gonna go with that

[fair moat]

If you wait you might miss out! 😆

[bleak tundra]

That’s the real dilemma 😂

[foggy arch]

The price was $ 100, and if it fell below to $70, many ppl would probably buy it (I think). But now, the price starts at $50, which would theoretically be a bargain before lol .So this can generate a strong fomo at the beginning of the launch

[lofty knoll]

Agreed

My new strike price is 4.20

[bleak tundra]

At the end of the day, if you really believe in this project you won’t regret any decision because the only way from here is up

[fair moat]

Legit or troll?

[loud pagoda]

Me at $2.0

[lofty knoll]

Trolling hahaa

[foggy arch]

🤣

[bleak tundra]

Unless you’re greedy like me and end up missing on a sweet deal

[fair moat]

50 too cheap for me I buy at 69

[lapis ingot]

I feel he is trying to moderate every expectation and not hype into buying ILV at a high price. From the conversation here, I can sense that this is over hyped, no doubt this is a excellence project and game. I do agree anything can happen in crypto world, but do remember the hype happened to cryptocurrency in 2017. Everyone simply join in any coin that called itself crypto and later crypto went to free falling and recover only recently. Please do not rush into buy this token tomorrow, which is one of the reason why its listed on balancer instead of uniswap.

[severe igloo]

Yea but the whole thing wirh an LBP is you buy, every other token goes up. So everybody is gonna rage, and then they FINALLY start reading the medium page and be like aaaaawh. So they sell their tokens. And wait for lower price.

Because that is strat too buy, low, sell high in a cycle.

[lofty knoll]

Selling during and after BLBP would cause you to forgo your points to claim NFTs.

[severe igloo]

Yea, but euh... how many people in crypto verse did you encounter that read shit?

[loud pagoda]

totally agree

[foggy arch]

For me it's a +1bi project, so with the current circulation supply, buying below $100 might be good long/medium term

[lofty knoll]

Nice thing we do 🙂

I'm staking for at least 5 years

So really ... all will be good

The bear market doesnt bother me at all

Been there done that

[severe igloo]

Amen... AMEN. I’m legit thinking about just purchasing one and then wait for pricediscovery. The only thing is the point system but since I’m not shelling a full ETH at it anyways 🤷🏽‍♂️

[severe igloo]

Indeed. Sushiswap, here we come

[bleak tundra]

AXS - is a less than 6 months project and already at 1.4b$ MC

[lofty knoll]

I cant bother with -85% on money I consider lost anyway

[young parcel]

Hello how can i swapy preilluvium to illuvium?

[lofty knoll]

And we know what we think about that hahah

[fair moat]

Automatic

[bleak tundra]

Ahahaha EXACTLY !

[young parcel]

Thank you mr tendy

[lofty knoll]

https://tenor.com/view/real-thor-thor-fight-gif-7320950

[fair moat]

https://tenor.com/view/simpsons-beg-please-gif-8063599

[lofty knoll]

Hahahaha

[bleak tundra]

Always listen to other people’s point of views but remember the only way you can have a good night sleep is by knowing that at the end of the day you followed what YOU believed was right

[lofty knoll]

Amen

When you feel like quitting i'll buy them from you haha

[barren scaffold]

sILV will be sound money in the metaverse bro

[tawny panther]

yup I held all the way through crypto winter

[vocal temple]

Still asking myself what the initial mc will be?! Somebody calculated that?!

[lofty knoll]

Impossible now

[tawny panther]

this is only coz ADA boomed during the ICO craze

[lofty knoll]

We don't know exactly how much circulating supply and spot price

[vocal temple]

Sorry I meant the initial circulating supply!

[young parcel]

Is illuvium available now to buy in balancer?

[lofty knoll]

Tomorrow.

[vocal temple]

But how to calculate the right price I wanna pay if I don’t know the circulating supply?

[lofty knoll]

Between 1 and 2.5 M

[young parcel]

Thank rahlord

Thanks*

[tawny panther]

TIDAL just did their lbp this weekend - for anyone interested in how price could move take a look at that one. Everyone who bought in early got rekt.

[lofty knoll]

They changed the weights also

So they are ruled out of calculation

Shady af

[vocal temple]

That’s a big spreed lol

[tawny panther]

yeah but even without that the first buyers all got rekt. They bought at 0.05 and the final price was ~0.03, it never rose back upto 0.04.

[lofty knoll]

True. This is why we wait

[red geyser]

Some of us will just be watching BLBP waves that first 24+ hours and go from there.

[fair moat]

Im interested to see what % of tokens are left after 12 hours

[lofty knoll]

Tokens will likely not sell out during the 3 days

[fair moat]

Like not at all?

[tawny panther]

yeah, almost all blbp's seem to have initial price spike due to fomo and then the first few weight changes eventually lead to a dramatic drop in price. Only way this wouldn't happen is if the people keep fomo-ing in constantly.

[lofty knoll]

I don't think so no

[fair moat]

Ami seemed to think the same thing

[vocal temple]

How long will the auction last?

[fair moat]

72 hours

[lofty knoll]

https://tenor.com/view/knowledge-tai-lopez-lamborghini-gif-19251888

[vocal temple]

Ok thx, so from Wednesday to Friday!

[knotty pollen]

price will start at 50$ or 100$ ?

on balancer

[fair moat]

$50

[knotty pollen]

ok

[vocal temple]

I thought 100$, they changed that? 50$ is much better

[fair moat]

#📯〕council-chambers

Discussed, voted on and found here

Community discussion was in #809220563397902346

[vocal temple]

Cool👍

[vocal temple]

Imo it’s still too high, but never done this kind of an auction!
A fair price before listing would be around 0.5 if you compare that with other ido‘s

[fair moat]

I dont have enough experience to say if its fair or not, but are you aware about the weighting?

[slender pelican]

A fair price should be found during the sale. Fair Market Value per se

[fair moat]

At the beginning of the BLBP the weighting will be 96:4, whilst at the end of the 72 hours the weighting will be 50:50

[halcyon coral]

How to buy ilv

[fair moat]

That means if absolutely no tokens were purchased, they would be selling for $2.08 at the end

[brisk pagoda]

this is below seed and pre-seed prices haha

[fair moat]

Balancer

[foggy arch]

We all know this will never happens xD

[halcyon coral]

Where is that

Balancer?

[fair moat]

Its theoretical and I mention it to show the potential of both weighting and waiting

[halcyon coral]

Is that the medium?

[vocal temple]

Ah ok, thx buddy!
So 2$ that would be a mc of around 2-5 million, in the best case!
Not really a good price for a game in development imo.🤷🏻‍♂️

[vocal temple]

Compare that to other ido’s in the last weeks, for example to Ern or Cgg

[fair moat]

It probably won't even get close to $2 as well, so be aware of that

[halcyon coral]

Ok thank you

[foggy arch]

there's a risk of the price didnt EVEN stay below $50. Dyor man

[vocal temple]

Yeah thx!
I will invest some but not even close the amount I wanted to!price is too high

Cgg is a game with NFT’s and a lot of hype, but I don’t like them, especially the team.
Ern is a huge NFT token

Yeah something like that but with hero’s instead of Pokémon’s

[lofty knoll]

We all just have to wait and we will have a good price where everyone will be happy

[vocal temple]

The price will stay at 50$??
Who wanna pay that ?

[fair moat]

Does it matter if everyone buys at 50 and it never drops?

Theres only an issue if it devalues greatly or never gains value

[sage falcon]

@fair moat it does matter cause the whole point of balancer is that it drops

[fair moat]

Or if no one buys

[vocal temple]

Yeah, I will just wait for the auction and check the price!
It’s nothing more I can do:)

[sage falcon]

why would it just go up

[fair moat]

I meant in long term, not during the balancer sale

[sage falcon]

oh

[fair moat]

Like if all or most tokens are purchased at $50 and that becomes the set price for the long term it wouldnt really matter that much

But balancer is all about finding the price everyone thinks is right

[lofty knoll]

Yea I strongly think we can go lower than 50 tho.

[fair moat]

Realistically, yes

[lofty knoll]

They held on to the youtubers to give us a chance

It would take a lot of money to keep it above 50

[fair moat]

Oh they did? thats good to hear

Do you know when they are doing the 10mil+ subscriber youtube collab?

[lofty knoll]

After

[fair moat]

Probably much closer to the actual game launch right? Or will it be closer to the end of the BLBP?

[loud pagoda]

Really 😳

[lofty knoll]

So we just have to wait and let it drop

[vocal temple]

Did this really worked out it these auctions!?
90% of the people don’t have any idea what the worth of a token is comparable to other projects!
They just fomo in🙈

[foggy arch]

Guys, does the interface of illuvium swap show the price impact ? Does someone know that ?

[loud pagoda]

It should

[foggy arch]

thanks

well lol

[fair moat]

I am one of those people who doesn't know the worth of the token

lol

[subtle ravine]

I’m assuming they’re coming out with the point system rewards today for the sale?

[fair moat]

They better be or me be angry

[loud pagoda]

Haha

[fair moat]

https://tenor.com/view/rawr-dinosaur-angry-fight-me-gif-9461659

[vocal temple]

Lol, don’t fomo in 😂

[neon bloom]

how long will be the sale available ?

[fair moat]

I trust in our community, I FOMO in when everyone else FOMOs in

But not at the start lol

[fair moat]

72 hours

[vocal temple]

👍 I will also check the sentiment here before buying!

[foggy arch]

I always follow the FOMO

[fair moat]

I think a few people will be chilling in the discord at the start of the sale, like in the voice channel

[foggy arch]

🤣

[neon bloom]

they will only accept eth pair?

[loud pagoda]

Can't wait

[foggy arch]

Any erc-20 I think, but the taxes should be greater

[fair moat]

Yes only ETH pair. I think you can buy with other coins but you pay an extra conversion fee for it to go to ETH first

[lofty knoll]

That would be me

https://tenor.com/view/hold-line-gladiator-gif-14670529

[sage falcon]

LOL

[broken jewel]

what time is the token live on balancer

[foggy arch]

15:00 UTC

[fair moat]

3pm UTC

[broken jewel]

ty lads

[fair moat]

Ok im heading to bed its almost 6am

Catch you all later

[lofty knoll]

Good night

[bleak tundra]

We gotchu

[broken jewel]

4 oclock uk

[bleak tundra]

[broken jewel]

is their a price limit

[latent bane]

hi i dont undestand this please clarify

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

[real shard]

Hello all, hope everyone is good.
Just wanted to know has more details about the balancer liquidity pool been released?

[karmic lichen]

You also have to hold it

@real shard in #🔗〕helpful-links

Go to Medium articles

and scroll down

[latent bane]

thanks ami so i can keep my ilv and with the points buy nft

[real shard]

Thanks for that
Just to confirm, is starting price $50??

Then expected to go down??

[karmic lichen]

@real shard it could go up or down

[real shard]

Can I ask why price is so high?
Also is total supply only 1million?

[real shard]

Why are they talking a out lower prices so if people wait it will go down?

[neon bloom]

ye how much is the total supply

[gloomy ibex]

Take a look in #🔗〕helpful-links , specifically the medium articles. This will answer a lot of your questions. 10m max supply, only 1m for the sale

[real shard]

Ahhh okay I remember seeing 10mil before, that's why I was confused

[karmic lichen]

was just coming here to say that lol

[real shard]

Also apart from governance will ILV be used in game at all?

I'm defo going to get some but now I can only get like 6 unfortunately lol

[gloomy ibex]

https://illuvium.medium.com/9-tokenomics-launchpad-and-reward-details-5894c3b356be This one specifically will give you the tokenomics

[west notch]

this is sick

[real shard]

Thank you, I have to say I didn't know before about the illuvidex stuff, that makes it even more awesome

Just one last question, is the ilv staking period for 90 days or 3 years?

[lofty knoll]

3 years

[real shard]

Will there be a minimum for staking?

[lofty knoll]

No.

Gas consideration will be your minimum

[real shard]

Will I be able to keep the ilv in my metamaak for staking or directly on ilv platform?

[real shard]

Will you be able to pull them out early if wanted?

[fleet grove]

I just paid 200$ on gas

Lmao

Will it be the same for the ilv launch?

😩

[real shard]

For what lol?

[fleet grove]

Uniswap

[real shard]

Wow must be busy lol

[fleet grove]

Miners making bank

🏦

[soft steeple]

Hi, If someone buy ILV with price 50$...the price could go up?

[fleet grove]

Ilv will probably be worth $1 at the end

So you shouldn't get at 50 kek

[main cedar]

how can we see the price of $ILV as it changes?

[soft steeple]

yeah I hope so

[wooden oxide]

What sale is happening in 24 hours?

[main cedar]

in balancer?

[last bolt]

Those who wanted it to be $50 are probably low ballers/bot users.

• greedy

[lofty knoll]

You can lock them for any period of time between 1 week to 12 months. You get double the weight at 12 months so there is an incentive to lock for longer.

We don't know yet if you can unlock them whenever you want but that would certainly come with penalties.

[soft steeple]

open swap on illuvium page or open to balancer? Because I see on medium, it said Go to illuvium.io/swap on wallet

[brisk pagoda]

I think either/or both work

[slim sonnet]

What happens to the tokens if there’s any after the sale?

[fiery totem]

Question. During the balancer auction do you get your tokens at price at the point of bid or do you pay the price of when the auction ends

*auction meaning the price it ends at

[real shard]

So I'm a little confused, I want to buy but the balancer liquidity pool stuff is confusing me. Is that medium article basically saying after people start purchasing the ilv token, the price will go down to match the lower pool amount to a max of $25?
Apologies if that's completely wrong

[fiery totem]

Thanks

[sage falcon]

Nice character leak

[fleet grove]

Why 3 years staking?

I thought 1y was a lot

[sage falcon]

Sporting that royal purple ehhh

[real shard]

Do you think the characters will have different bonuses depending on area?

Like the latest character, maybe water based benefits?

[lofty knoll]

Because the game will expand nicely throughout those 3 years.

[fleet grove]

But who's gonna wait 3 years

[barren scaffold]

Sir what are you waiting for?

[fleet grove]

Without insane apy

I'd only allow that if apy was 200% or 125%

[fleet grove]

#time-matters

[real shard]

Is think the afinity for a character and class for your hunter?

*is that

[fleet grove]

@blissful bay

🤔

[lofty knoll]

Speaking about amount of ILV to stake

[fleet grove]

Ye

[lofty knoll]

Once the revenue distribution kicks in you will be glad to have ILV

[fleet grove]

Oh, sorry. It was just misinformation then

What's the average apy?

[lofty knoll]

Yes you can do like 24x on other tokens during that time

But are you sure they will perform like you think they will

[fleet grove]

And are you guys planning to bridge to bsc

[lofty knoll]

Not likely no

Bringing it to L2 on eth is more likely

[pearl osprey]

Hey guys, where i cant get ILV tokens?

[fleet grove]

Eth2 when? 😎

[lofty knoll]

Unknown

[pearl osprey]

In this exchange?
https://balancer.exchange/#/swap

[lofty knoll]

Yes! Tomorrow 3PM UTC

[fleet grove]

20% eth2 apy will be fun 🚀

[pearl osprey]

Thank you @lofty knoll gracias gracias !!

[fleet grove]

Better than my 4% apy that I'm getting rn for sure

Also, if you take ilv out of staking i got an idea,
Why don't you uhh do:
Total ilv staked - all interest someone has got during the period that it's been staked

[lofty knoll]

Hum

[fleet grove]

You can pay me in ILV if its a good idea kek

[mint galleon]

So guys, starting price will be 50$ instead of 100$, that's good sign, just hope the totaly supply won't increase twice due to it 😅

[fleet grove]

🤣 imagine

[fleet grove]

https://cdn.discordapp.com/attachments/290891518829658112/826098266113835048/soon_tm.jpg

[sage falcon]

Will there be also a display of price in usd? cause it is only eth/ilivium

[dusk frigate]

Howdy peeps.

Quick question: if I wanted to dip my toes into Illuvium, how would I do so?
I'm long on Gala Games * but I've been hearing about this project, and I want to know if there's a way to get involved.
So many projects it's hard to keep up, and you always feel like you're missing out on something.

[foggy arch]

Just open another browser and put ILV/USDT

[dusk frigate]

[severe igloo]

Writers? ♥️

[dusk frigate]

Thanks -- I'm sure y'all hear this often 😆 but I've been a huge Pokemon fan for years, and played Pokemon Go pretty much every day from 2017-2020. Pretty hardcore PvPer.
But Pokemon is so commercialized and Niantic specifically is horribly non-player centric. With the disenchantment setting in for the traditional game mediums I'm curious to see where Illuvium goes.

[real shard]

Is it at 3pm gmt or 4pm

Gmt and utc are same right?

[severe igloo]

Just like singing I don’t feel that is something I can judge myself lol. I believe I am an engaging writer. Aaron is very busy right now but I send him two short stories. Hopefully he likes them. They’re very different

Can’t imaging the workload right before token release dang

Either way, I got invited to do some writing for another gaming project so I guess I’m not all that bad #giggle

[fierce crystal]

So you get a nft for buying 1 eth work of ILV at launch?

[severe igloo]

Nighty night y’all. Looking forward to tomorrow 🙌🏾

https://tenor.com/view/will-smith-clap-yay-happy-hooray-gif-13226780

[lament kindle]

Launch tomorrow or only presale?

[barren scaffold]

launch

[lament kindle]

Sheesh gonna fly

Why the character leaks channel called leaks though?

[dapper whale]

I wonder too..tell me when you know please hahaha

[lofty knoll]

Well we are talking about the launch of the token sale. Not the game.

[lofty knoll]

You get to choose on the website what NFT you want after the sale. You get 1 point per 1 ETH you spend.

Some will be less than 1 point.

The bare minimum to get anything is 200$.

[dapper whale]

Alright cool thanks

[barren scaffold]

Oh shoot my bad @lament kindle , still forget people mean token launch when they say presale

[ebon raptor]

When is the sale?

[silver lintel]

Hey guys how many tokens did airdrop people get?

[barren scaffold]

Token launch is tomorrow details here: https://illuvium.medium.com/18-illuvium-balancer-liquidity-bootstrap-pool-starts-tuesday-march-30th-15-00-utc-fcfd6f3f54d8

[lofty knoll]

Around 5 for Illuvium and 7 for SNX

15 000 total

[sage falcon]

Can we still participate in airdrop 😓

[silver lintel]

Thank you, what do u mean for SNX?
So about 5 tokens only for airdrop people?
I'm trying to figure out how much sell pressure there will be from those ppl during LBP

[lunar lion]

Hey, gang. Happy to be here 🙂

[barren scaffold]

They can't be sold

[lofty knoll]

They cant sell those preILV

[barren scaffold]

Only after the launch is finished when they're converted to ILV can they be sold

[mossy granite]

can someone comfirm this pleaqse ?

0x767fe9edc9e0df98e07454847909b5e959d7ca0e

[swift swan]

Is there a telegram group

[silver lintel]

Oh okay thanks guys, didn't know airdrop folks got a timelock

[barren scaffold]

They don't

The airdrop was for preILV. It'll be converted to ILV after launch

[humble junco]

https://swap.illuvium.io/ is this the right link for swaping ILV?

[mossy granite]

ty

[barren scaffold]

yup

[humble junco]

tnx mate

[silver lintel]

right right but functionally like a timelock ya know'm sayin'

[inner topaz]

I'll get onto it after the sale 😅

Can I get a TLDR for general in the past 4 hours please? Any outstanding questions?

[soft cliff]

Can council members be 'kicked from office'? How would that have to happen?

[normal storm]

Who were you thinking of kicking?

[soft cliff]

I dont want to kick anyone lol

I'm just thinking out loud

[normal storm]

😜

[barren scaffold]

The only one I can think of is, is Alpha Alps an actual region? :p

[west notch]

what is the best city in australia

[lofty knoll]

Peeps want to see the list of goodies on the point store with associated prices and the rest is covered

[inner topaz]

lol

[west notch]

never heard of it

[barren scaffold]

serrr

[quick kayak]

how deep will be the liquidity at the time of the token launch ?

in terms of USD

[flint brook]

Good question 👆

[barren scaffold]

~2.3m?

[quick kayak]

purpose of the question being to get a sense of the expected slippage for trading at the very start

[inner topaz]

Official partners, sushi rewards, largest DEX by liquidity

[barren scaffold]

wooooooooo 🍣 🍣

[inner topaz]

We will know after the sale

[lofty knoll]

Sushi reward like Uni token?

[quick kayak]

I mean how much USD will be used to seed the pool for the sale itself :))

[tame solar]

Not exactly vs uniswap, but whether other dex’s were looked at. For example BNT offers IL insurance...etc

[quick kayak]

for the balancer liquidity bootstrapping pool @inner topaz

[lofty knoll]

Eth is used

[quick kayak]

sure, though how much frens :))

[barren scaffold]

I answered you chap 🙂

[quick kayak]

sorry overlooked @barren scaffold :))

thx

[inner topaz]

oh, just over 2m

[barren scaffold]

😦 happnzz

[inner topaz]

We didn't look at BNT, we're pretty happy with Sushi

[kind trellis]

@inner topaz Will there be a poke function during LBP?

[zenith marsh]

For the launch is it recommended to use sushi or the swap.illuvium.io site?

[misty cairn]

Where can i buy the coin

[lofty knoll]

Scamming intensifies on telegram peeps.

Just got 2 dms in the last hour

[misty cairn]

When is the sale

[hasty nest]

well the time is past that isnt it

ohh

today

nvm

[weak axle]

Tomorrow

[wooden isle]

can't wait to buy all those tokens...ok maybe not all because I need to eat

food is overrated though

[torn patio]

what are people selecting for Max Slippage Tolerance...

[wooden isle]

ok...you're right

convincing argument

but I will swear off other forms of entertainment for sure...ok maybe not whiskey

[graceful imp]

Whats the starting price tomorrow?

[barren scaffold]

$50

[graceful imp]

Is it expected to explode after the launch?

[misty cairn]

1 ILV is $50?

[solar coyote]

is there a graph for monitoring price changes?

[barren scaffold]

That's the starting price yes. It's a launch pool with Balancer to fairly distribute tokens. Not a normal ico type launch. The price is expected to go lower from $50. Check the pinned messages for more info..

[solar coyote]

can u link it pls?

[barren scaffold]

I think the swap site is for the launch, and will allow you to interact with the balancer contract tomorrow

[solar coyote]

ah ok, ty

[barren scaffold]

ah ok 🙂

[ripe solstice]

During the 72h we can only switch ETH to ILV, not the other way around, correct?

[lofty fox]

this worries me .. my brain dosnt function great at the best of times.. haha

so i avoid that thingy at all costs

[soft perch]

What other pairs besides ETH/ILV will be allowed during the balancer launch ???

[lofty fox]

same as the twit thingy.. unfortunalty .. im not on that.. coz same reasons.

[inner topaz]

14 hours to get 900 people into Discord. Time to pull a rabbit out of a hat

[inner topaz]

Yes sir

[bleak tundra]

What’s a poke function ? 😮

[lofty fox]

wait.. what did i just miss... 900 people?... and whos poking who?.. what.. haha

[soft perch]

Will USDC/ILV be one of the acceptable pairs? The ETH that I own was bought some time ago so when I use it for trade I pay a heavy capital gains tax so I really don't like doing that!

[barren scaffold]

Yea, you can buy tomorrow using USDC 🙂

[soft perch]

Thanks, creez!

[inner topaz]

pokeWeights moves the weights and decreases ilv price before someone purchases

[soft perch]

Thanks, Ami!

[barren scaffold]

you're welcome mate! Any questions, just shout. We're all always happy to help

[bleak tundra]

Thank you!

[lofty fox]

ohhh ok

and 900?.. im just fully lost and confused at this point... haha.. maybe i should avoid the discord till after the sale.

[barren scaffold]

900 left to 20k community members in the disco

[lofty fox]

ha.. ohh ok.. thank you.

[inner topaz]

I told Aaron that I would have 20K in Discord before the sale begins

[sage falcon]

8====D

[bleak tundra]

Let’s spam us some bots 😋

[lofty fox]

as i often say to people..."when i get excited or anxious about anything ... my brain dont work so good".. so imma be a mess for a coupla days i think.

[bleak tundra]

Wait I think I can get a bunch of people from telegram

[barren scaffold]

Time for a cosplay?!?!

[bleak tundra]

Alright advertisement on telegram ✅

[inner topaz]

Can't until next week when the "partner pool" opens up

I mean jesus, I couldnt be anymore clear on which server to join now

[tame solar]

Delete

[barren scaffold]

😅

[inner topaz]

We hve another one lined up

[barren scaffold]

I'm just trying to work out the illuvial at this point

[tame solar]

Pistol shrimp stage 2

[inner topaz]

But @little flax is at breaking point so if I ask him to blast the new partnership out he is gonna kill me

[inner topaz]

Cosplays are only with the cute ones

[little flax]

https://tenor.com/view/nelson-simpsons-the-hunt-is-gif-5437418

[lofty fox]

ha.. i never know if i found the right ones.. even if i think im 100% sure.. i alwasy dout myself.. do we have to do anything in other discordy places.. or just join?.. no messge or thread thingys we need to post on or in.

[lofty fox]

the cute ones... like like... my baby mammoth.. hes a lil cutie.. haha

[sage falcon]

I know what you mean. I'm definitely out of my depth. I always end up way off base.

[dense pivot]

Sorry I’m new when does this game plan to release

Ok thanks

[fierce crystal]

is there any gameplay videos yet?

[dense pivot]

So is it going to be like Axie infinity where you get something for winning

[inner topaz]

lol, mammute is obvs gonna be in the cosplay series

[misty cairn]

I really want to buy but its $50 a pop 😭😭😭

[dense pivot]

What is?

[misty cairn]

ILV token

[last bolt]

Still cheap

[dense pivot]

So is this like a wanna be axie infinity with better graphics

[faint wyvern]

what price are you guys planning to buy at

[misty cairn]

Not for me 😂

[last bolt]

I am actually ready to buy it at $70ish then suddenly the starting price dropped lol

[dense pivot]

How is it different lol I’m not trying to dis this game but I’m asking because I’m brand new

It kinda seems like it’s trying to be Axie but 4K 😆

[faint wyvern]

I feel like the token isnt supposed to be worth that high

[lofty knoll]

Lol Kieran is like 0% cryptic on this one

[plain delta]

There are some similarities and a lot of differences. Both are blockchain games where you collect things and battle.

However we have taken zero inspiration from Axie to make the game. The entire GDD and prototype was made before I knew Axie existed.

[dense pivot]

Okay cool so like are you rewarded for winning or is that not planned yet

[sage falcon]

Fight for eth yoooooooooo

[plain delta]

Yes. That is planned. We will have tournaments very similar to timed chess events where you will play a number of matches, and each time you finish you try to find another match and play. The more you win the closer you get to the top of the leader board. That way people get filtered into matches against even level players. You get ranked based on your ELO and you win ILV as a reward. The exact supply of ILV available for in game yield is 1 million tokens. If the price of ILV was $50, that would be 50m in rewards given over 3 years. However rewards aren't only for match play. There will be randomised quests such as capturing rare things during a window, and others.

[dense pivot]

Also is there going to be breeding or how do you find these pets to use in battle

[plain delta]

Like I said, apart from being block chain games with battling, we are nothing like Axie.

You travel a vast world searching for encounters. When you hit encounters you fight against Illuvials using your own Illuvials (and yourself). If you win, you have the option to try and capture them onto shards.

If you capture 3 of the same thing and level them up enough you can fuse them into the next stage, sort of like Pokemon evolution.

If you want to know what this game is like, Pokemon + TFT is close.

[sage falcon]

Why are you happy with exposing LPsto impermanent loss when there's an elegant solution to it on the market?

[junior belfry]

Meanwhile I'm here like

https://tenor.com/view/i-completely-missed-it-rudy-ayoub-i-missed-it-i-didnt-get-the-chance-to-see-it-it-was-gone-gif-18040335

[sage falcon]

Pretty sure that could get you guys whitelisted on Bancor v2.1 and also earning liquidity mining rewards on top. Also users can stake single-asset only (ILV) without needing ETH for liquidity. If you are interested I can connect you with the core team, DM me.

[dense pivot]

Oh sweet so is it going to cost anything to get your first illuvials

[sage falcon]

@inner topaz u had me at Elo. Lol

[inner topaz]

We have access to them, but thank you 🙂

[tame solar]

BNT has 50/50 pools i thought

[inner topaz]

There are two options:
Travel to a region and pay the small fee = mining for tier 1-5 shards that can capture valuable Illuvials
Travel to a region and don't pay = mining for tier 0 shards that can only capture tier 0 illuvials (worthless ones) but allow you to learn the game mechanics

[dense pivot]

Oh cool is that fee paid in the Illuvium crypto and can u sell these illuvials?

[lofty fox]

if you read thru the welcom thread.. most these questions are answered there

also in the helpful links thread.

lots of good good info about.

and dont forget to check out the character leaks bit.. they all look soo awesome.

[lofty knoll]

In game currency is ETH. You can buy and sell the in game NFTs on the IlluviDEX which is the marketplace for the game

[dense pivot]

Oh cool thanks

[idle terrace]

If you lose to an illuvial does it disappear? Or can you try to come back when your stronger.

[gloomy ibex]

I would imagine it would vanish or get away, similar to other games

but a second chance would be nice, to help against the possible initial rng loss

[plain delta]

What do you mean by 'lose'

[idle terrace]

I guess lose the fight or win and aren’t able to capture lol.

[gloomy ibex]

I took loss as not defeating/weakening the illuvial to capture it

vs missing the capture after

[idle terrace]

That’s what I meant initially but may as well expand it.

[runic hull]

It runs away I assume...I think there was a hint dropped a while back about a maximum attempt of 10 times to capture before they run off

Hopefully that was a legit leak and I'm not BSing you guys

Maybe @plain delta can clarify on this I don't wanna give false info out

[plain delta]

If you lose the fight fail to capture then that illuvial is gone forever. If you come back into the region some time later you might find another of the same type, but probably won't find that one.

[frosty pike]

What is capture rate of a Dark Holo with best shard?

Ill cry if I run into one and can't catch it

[plain delta]

capture rate doesn't relate to encounter type (holo, normal, etc...). Capture rate relates to the Illuvial

Holo encounter rate is the rare thing

In the gameplay trailer you were seeing a holo encounter. Meaning that everything inside that you capture will be holo.

But they are super rare.

https://tenor.com/view/toad-hype-overload-overload-gif-7868864

That's what you will do when you get a holo encounter

Then you will be like 'I hope I win this battle'

And THEN you have to actually capture it.

[frosty pike]

Ok gotcha. So there can be Holo encounters as well as a chance for it to turn into a Holo or rarer version once it's captured through the shard glitch mechanic or is that no longer in the game..

[plain delta]

shard glitch?

[frosty pike]

I forget what it was called but I thought I read that the Illuvial had a chance to "upgrade" rarity after being caught. The in game lore was that the shard "glitched" or "mutated", I forget the word that was used

[tame solar]

Gonna live stream me dying to a dark holo and breaking my computer afterwards

[plain delta]

Sorry I believe this changed a while back.

[inner topaz]

If 1000 keyboards aren't broken in the first 12 months of gameplay, we've failed

[tame solar]

Gotta train my squizz to be a winner and not a loser

[dim narwhal]

When i can buy the token and where

[frosty pike]

Oh ok gotcha. Also, do Holo's have better stats than regs?

[frosty pike]

tomorrow on balancer

[dim narwhal]

But what is the web

[frosty pike]

Is there or are there plans for breeding?

[dim narwhal]

And how many token i can buy.. And how much is each tokem

[plain delta]

No. Purely rarity.

[ionic sonnet]

When you’re battling, are you aware of the mint of the illuvial? Or do you find that out after capturing / beating it?

[frosty pike]

https://balancer.exchange/#/swap This exchange, similar to Uniswap, swap ETH for ILV. 1 mil will be released tomorrow. starts at 50 now i believe

[plain delta]

God no.

[slim sonnet]

Anyone have a link to the new interview?

[plain delta]

When encountering in the wild, the encounter bubble you are in will tell you what type it is (holo, normal, etc). When you play against someone in ranked or leviathan there will be a visual effect as they play their Illuvial to show it is special.

[frosty pike]

But I love breeding critters lol

[ionic sonnet]

Let’s say there are 50 holo “x” illuvial, will they be numbered 1-50 to distinguish rarity within the type?

[gloomy ibex]

Still have combining to get a new one

[fresh pawn]

What’d I miss 😅

[frosty pike]

True. The fusion process is probably going to take a while to do

To get the best Illuvials

[gloomy ibex]

Nothing to see here 😛

[frosty pike]

Have you guys released info on the stats of Illuvials i.e. HP, ATK, DEF and how that all is going to work?

[dim narwhal]

How much id the price illuvium token

[slim sonnet]

Got it. Was searching for blockchain bob instead of Brad.

[slim sonnet]

$50 start

[dim narwhal]

How os the maximum that i can buy

How many token

[frosty pike]

1 million

[slim sonnet]

18. Illuvium Balancer Liquidity Bootstrap Pool Starts Tuesday March 30th, 15:00 UTC https://illuvium.medium.com/18-illuvium-balancer-liquidity-bootstrap-pool-starts-tuesday-march-30th-15-00-utc-fcfd6f3f54d8

[plain delta]

There aren't X of any given type. They each have a rarity and power level. There is also a chance of the encounter being holo.

Every time someone captures, the rarity goes up, and the capture chance goes down

At the end of the set, we stop minting them. So we don't know how many holo X there will be. There could be technically zero

[tame solar]

[gloomy ibex]

I like this

[ionic sonnet]

Oh okay. Interesting.. what do you mean by set? Is this like a “season” where creatures on in the wild and after the season completes new creatures are introduced?

After the season is complete, players could technically look up the nft id and see how many are minted?

Apologize if this has been asked in the past, new to the channel

[inner topaz]

We will release multiple character sets. First is the genesis, then 6 months after will be a new set. Each time a new set is released, the prior one finishes and they are never minted again. Making them even more rare

[tame solar]

Set 1 dark holo rhampy is a dream

[inner topaz]

You can get the promo version sooner than you think

But need that big money stack

[tame solar]

Ready

[frosty pike]

If i catch one how much you pay for it 🤑

[tame solar]

Omg

[little flax]

https://tenor.com/view/jurassic-world-trex-mosasaurus-indominus-gif-16988777

[lofty knoll]

Holy wow

I'm speechless

[gloomy ibex]

Mind Blown

[inner topaz]

We said we wouldn't leak the broken one! It's beyond 1/1! What is wrong with you

[little flax]

https://tenor.com/view/stare-confused-huh-what-whats-happening-gif-16378808

[vagrant valve]

https://tenor.com/view/leonardo-dicaprio-thank-you-cheers-smile-gif-17045602

[lofty knoll]

@little flax Is the OG.

[lofty knoll]

https://tenor.com/view/升啊-香港-yeah-yes-smile-gif-17081634

[little flax]

https://tenor.com/view/matrix-neo-smith-fight-gif-19460189

[lofty knoll]

https://tenor.com/view/hes-beginning-to-believe-beginning-to-believe-gif-20824301

[vagrant valve]

https://tenor.com/view/the-one-he-is-the-one-gif-14744864

[restive iron]

whats up guys, pretty excited for the token launch tomorrow. one question, if i buy a lot of ILV will i be given any advantage for joining the beta? my main worry is that it seems like the beta testers will be at a huge information advantage compared to us investors that are not in the beta.

[inner topaz]

I don't know. Because no one knows. But I believe Aaron will make the Beta program about previous experience, essentially what does your gaming resume look like?

[frosty pike]

30+ years of gaming experience

Im ready

[restive iron]

ok cool. also i see that many of the seed / pre-seed investors have 1 year lockups. but is that from their date of investment or from some other date?

[inner topaz]

Token genesis

and its 1 year + additional 12 months vesting

[restive iron]

so i assume that the "token genesis" is when they invested or no?

[mighty oriole]

good question joker also @inner topaz can you sell back to the balancer pool if the price gets to high in the beginning? I assume so because its an AMM