💬〕general

[sage falcon]

I will! I'm a big crypto gaming use-case prophet.

[rough fog]

Early adopters of the future @everyone

[smoky quartz]

what other game tokens are good sir

[tawdry comet]

https://discord.gg/B5nMs6qK5F

[quick marsh]

Clifford#4763 has been warned

Reason: Posted an invite

[smoky quartz]

whats that

[gloomy scroll]

Valve did that with CS:GO, TF2 and Dota skins years ago and they got 30% market fee. The profits were probably pretty insane in the Steam marketplace, but they decided against going with it (gambling was a big issue) and scaled it down

Something by a big company and backed up by blockchain nowadays would be insane if made properly

[severe igloo]

It might take a while @umbral vine . I am working with a friend on a project, looking for programmers now, and if one thing is painfully clear is that mass adoption is required. WE are FAR from that. I think these type of games will slowly but surely create that awareness, but it is still happening on quite complicated and unsafe parts of the internet. Just think about the amount of scammers popping up the second you are just joining a telegram, or how difficult it is to hook up Metamask to BSC.

It needs to be as simple as download app, scan shit go

[silver lintel]

Oh shit just reading up on Illuvium & didn't realize ur Kain Warwick's brother and there's an Aaron as well. Ur whole family is somehow monsters kek super bullish now. I get the SNX connection now

[gentle sorrel]

Nooo let me invest before the mass apes find this

[severe igloo]

because no offense to young peeps (35 myself) but euh.... they're not getting smarter if you know what I mean. When we wanted to play video games we had to built PC's and know code to crack that shit because we couldn't buy them

[rough fog]

Guys, what we know about the SNX flash pool?

[severe igloo]

or to hack into schoolservers to play SC: broodwar on the schoolnetwork

[slender rain]

hey guys, whats the circulating supply in case all tokens get sold on balancer?

[gentle sorrel]

I’ll let you know I used google translate to bypass a vpn once

[slender rain]

are there additional tokens to the 1 million that are being sold?

[rough fog]

Here

[umbral vine]

I agree that some huge breakthroughs need to happen in the space, but I think crypto moves so fast that some of those might come a little sooner than we think. I just mean imagine trying to picture the current landscape in 2018 even. Crazy ya know. But totally agree with you here. But do think that cryptogames will be a "trojan horse" of sorts when it comes to mainstream adoption.

[umbral vine]

Will take place sometime after balancer in april I believe

[severe igloo]

amen

[inner topaz]

I accept your praise, and I beg that you bring me Discord members, please sir

[umbral vine]

The "DeFi Dynasty" I think was the best way I heard it put.

[rough fog]

https://tenor.com/view/all-aboard-train-choo-choo-express-locomotive-gif-13755084

All aboard the hype train guys

[gentle sorrel]

So the balancer pool ends after 3 days or when the limit is reached right?

[fair moat]

ye

[silver lintel]

Deal sir 🤝

[tulip eagle]

How do you see the price in real time during the pool?

[vital jasper]

time to shill in clubhouse

[static basalt]

why we need 800 more people?

[inner topaz]

Made a bet with Aaron

[vital jasper]

They are going to cancel the ICO if 20,000 members arent in the discord

not an official statement*

[severe igloo]

erm......

[vital jasper]

Im memeing

[smoky quartz]

ilv is a rpg game with auto battles

[umbral vine]

Hahahaha, man 20k followers though. Almost there and it's crazy to consider how new this community is too. Keiran and the team have put in rediculious work to grow this to what it is.

[severe igloo]

HOnestly... can we get those AFTER the LBP muhahahhhhhaa.

[inner topaz]

no.

[severe igloo]

alright

I am admin in a large dutch crypto group let me see if I can get them in here

[inner topaz]

Thank you 🙏🏻

[vital jasper]

This felt like a parent saying "I'm turning the car back around we're not going to the park today kids"

[inner topaz]

I was actually taking a subliminal dig at aaron

I don’t use full stops/ periods to end a single sentence in chat

[vital jasper]

Hahaha no longer subliminal unfortunately

[inner topaz]

He’s right next to me and not reading, he will miss it

[vital jasper]

Close one

[dapper whale]

Im planing to buy 1 eth worth of ilvs

[hybrid hatch]

What kind of android wallet do you guys reccomend to for the ilo?

[dapper whale]

But i m sooo afraid of price dropping as soon as it opensss

I personally use metamask..

[umbral vine]

Metamask

[main narwhal]

What shouldn't I ask?

[umbral vine]

Take a deep breath. Got three days good sir. 😎

[umbral vine]

What do you mean haha?

[dapper whale]

And if the price goes up?

We ll never hold ilvs

[severe breach]

Where do you stand atm?

[dapper whale]

😅😅

[main narwhal]

https://twitter.com/KieranWarwick/status/1376811773102202880?s=19

Kieran (@KieranWarwick)

Don't ask. Just join the Illuvium Discord.

https://t.co/zo8kbCU9Tw

Retweets

179

Likes

105

Twitter · Mar 30, 2021, 8:21 AM

[umbral vine]

Then wait for it to hopefully come back down, it's what balancer does best.

[woeful acorn]

Hi

[umbral vine]

Hello hello

[gentle sorrel]

Holy cow is this place getting crowded fast

Love to see it though

[main narwhal]

Will the game have Japanese localization then?

[vital jasper]

Does the game have a storyline like pokemon or will it be pvp mostly?

[unborn cairn]

Can our current NFT be sold on opensea?

[inner topaz]

Which one?

[unborn cairn]

NFT obtained by airdrop

[fair moat]

What are you selling?

[unborn cairn]

My friend got NFT. Can he sell in opensea?

[fair moat]

Yes

[unborn cairn]

Is today's NFT in exchange for points limited?

[fair moat]

The NFTs themselves? They are unlimited

But they will never be minted again after the shop closes

[gentle sorrel]

Alright I have a big question

So if you spend 10eth would you get to buy 2x of the promo nfts

[unborn cairn]

ok thx

[gentle sorrel]

Or is each one per person

[fair moat]

You can buy as many NFTs as your points allow

You can buy 2500 of the 0.2 ETH emotes if you dropped 500 ETH

If you really wanted to

[unborn cairn]

YEAH

There's another question. Is that the one million we have in circulation in a year?

[fair moat]

It will also only cost you gas once per transaction, so as long as you get all your NFTs in one go, no matter how many you buy or how many different kinds, it will only cost you gas once

[fair moat]

this pool will only be selling 1 mil, Im not sure when pre-sale tokens become unlocked

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

[unborn cairn]

OK, thank you very much for your answer

[fair moat]

I think the info you're looking for is in here

[unborn cairn]

THX

My friends think 50 is a bit too expensive... Haha, but I want to try it

[junior belfry]

We've been examining the weight to see how the price goes down but what happens if the price starts going up? Is it immediately crazy high after some small volume? And as the hours pass the same volume has a smaller impact?

So the weight means in the early hours everything wants to stay down.

[hoary patio]

does anyone have a link to the page I need to be on to click and buy when the time comes?

[vital jasper]

what time will it be live again?

[hoary patio]

I was assuming it was the site itself

[junior belfry]

The more I learn about the BLP the more I see it's fucken genius for people who want to attract investors and detter flippers.

[severe igloo]

aight

[neon bloom]

and how many are the users in the discord community

[scarlet surge]

19k atm

[knotty pollen]

What s the different rows ? i don t get it?

nvm

[inner topaz]

Done

[fair moat]

You got the 800??

[static basalt]

wait sorry for this question, but what is the initial price at the start of balancer sale? i am reading the medium but i cant do math

[severe igloo]

several on the way!

[fair moat]

$50

[static basalt]

awesome, thanks

[umbral vine]

Where was the confusion and maybe we can clear up anything else that doesn't make sense?

[neon bloom]

does not seem awesome to me but ok

[static basalt]

lol only confusion is that i cant do arithmetic

[scarlet surge]

the member count on the invite hasnt updated yet 👀

[umbral vine]

The awesome part is it's on balancer and that will change 😉

[fair moat]

Kieran bet Aaron that he could get 800 new people to join the discord before the sale

[severe igloo]

@inner topaz can you please ban @sage falcon ? Sending me scam DM's. I got the screenshots if you need them

[umbral vine]

Same thinking here hahaha checked like i times 😂

[fair moat]

Post in #🚨❗〕report-scammers

[umbral vine]

😂😂😂 My weakest point as well tbh

[scarlet surge]

yeah lol i rechecked multiple times

maybe it takes a while to show up

on the invite

[severe igloo]

Done and screenshot send. Boy there are a lot of them out here

[fair moat]

Theres only gonna be more as the discord gets bigger

[severe igloo]

yup and I just send 1000 people this way

now all they need to do is join

[cold mirage]

Wonder what's the other part of circulating supply aside of LBP? Want to know where does the other 600k tokens come from?

Also, what happens to unsold tokens in LBP

[static basalt]

this is a really dumb question, but where do we actually swap the ETH for ILV? on the balancer site?

i didnt see ILV listed on balancer.finance - maybe it only appears at 3PM?

[sage falcon]

@plain delta now I can, thanks

[hybrid hatch]

How many hours til sale? 3? Idk what time zone you guys are operating in

[loud pagoda]

3pm UTC

[worn storm]

is it only in ETH?>

or can i pay with BNB

[bronze sand]

After Liquidity Bootstrap do you need at least 1 ETH worth of ILV token to get an NFT?

[worn storm]

and does anyboyd know the presale price vs listing price

[hybrid hatch]

5 hours for those wondering

[hybrid hatch]

I think you need to spend 1 eth during the sale, not sure if ilv value counts if it 3x's of the sale

[rough fog]

https://illuvium.medium.com/19-how-to-claim-the-balancer-bonus-nfts-5c28dd72ae14

[barren scaffold]

Please remember. And this is very important. It's a launch pool with Balancer to fairly distribute tokens. The price is expected to go lower from $50 where it starts. Be patient. Check the pinned messages for more info..

[cold mirage]

@plain delta Please have a token sale page where we can see live chart of LBP, so that we can better decide when to buy in.

[bronze sand]

thanks!

[gentle sorrel]

I have a question about the release of the game

Has a price point been chosen yet or is it f2p?

[rough fog]

As i understood in the youtube interview, there will be f2p zone and pay zone

[barren scaffold]

The sale goes live at 3pm Tuesday, 30th March 2021 (UTC), and will be live for a maximum of 72 hours. During this time you can check both the current price of $ILV, and the remaining supply.

[strong terrace]

When sale start i work for 1.5hours more and then i can stare at my screen

[rough fog]

You have 3 days or atleast until the pool goes 50:50, take it easy

[sage falcon]

do you know where you can see the price does it also show on balancer

[unborn cairn]

Will it sell out in an hour?

[barren scaffold]

Yes the price will be shown on balancer as well

[sage falcon]

thanks

[unborn cairn]

Right here? https://swap.illuvium.io/

[barren scaffold]

Highly highly unlikely. Please be patient

[unborn cairn]

The amount is a little big

[barren scaffold]

Are you talking about the chosen starting price for the balancer launch pool? Please remember. And this is very important. It's a launch pool to fairly distribute tokens. The price is expected to go lower from $50 where it starts. Be patient!

[buoyant moth]

On swap.illuvium it says there are 0 tokens left, is that true? All sold out?

[spiral flare]

Can it go higher too?

[unborn cairn]

Yes, I need to be patient. I only bought algo in this way

[rough fog]

Dude we didnt even reach the launch hour

[spiral flare]

Not started yet

[forest forge]

the price drop every hour or its dynamic?

[buoyant moth]

My bad, sorry.

What time does it start?

[rough fog]

The sale goes live at 3pm Tuesday, 30th March 2021 (UTC), and will be live for a maximum of 72 hours. During this time you can check both the current price of $ILV, and the remaining supply.

[unborn cairn]

Like a period of time without trading will be reduced? I don't know how long it will take, and I can't know where to look

[knotty crag]

https://c.tenor.com/0-e7d7ct3G0AAAAM/shut-up-and-take-my-money-futurama.gif

[buoyant moth]

So ILV tokens will be like any other crypto? Like exchangeable on trading sites and stuff?

[unborn cairn]

OK, I'll see it

[rough fog]

https://illuvium.medium.com/9-tokenomics-launchpad-and-reward-details-5894c3b356be Its a governance token, but it can be tradeable ofc

[waxen kindle]

What are we doing with the preILV

[little crypt]

Hi i have a question, when the token launches on balancer at $50, who is selling those tokens? Where does the money go

[waxen kindle]

I have some from the airdrop

Is it the same coin ?

[forest forge]

I think the balancer thing confusing many people here

[waxen kindle]

Do i need to swap it for ILV ?

[rough fog]

The people behind the project, thats where the money goes

[forest forge]

Perhaps to say go to the illuvium site buy coin with eth using metamask and this is it

[rough fog]

Its a fair launchpad, to not let the whales take all the tokens

[rough fog]

It's the same coin, you don't need to swap anything. If you want more tokens, you can buy it with eth

[waxen kindle]

Defo buying today

[forest forge]

Yah i know but people thinking its a traditional pool Investment

[waxen kindle]

Just wondering what is the deal with the preILV

[little crypt]

I dont understand then, how does the price go lower than 50

[barren scaffold]

Exactly. It's the method the team have chosen to fairly distribute the token to us, the community. The idea is to prevent bots, whales, etc front-running everyone. Stay patient, wait for your price. and execute!!!

[rough fog]

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

[forest forge]

If people dont buy the price decline automatically

[rough fog]

Kieran or Aron explain it like Flappy Bird

If we buy, price goes up, if we dont, gravity drop the price down

[barren scaffold]

preILV will be converted to ILV for you after the token launch is complete

[rough fog]

Our buys are like the taps on flappy bird

[waxen kindle]

Hahahahah flappy bird explain is what we need

[rough fog]

Yep, pretty accurate

[waxen kindle]

A bunch of gamers dont know shit about crypto lol

[forest forge]

Yah exactly i was also confusing thinking first buy ilv and then invest in the pool was thinking defi model

[gentle sorrel]

It’s weird, I thought holo Mozart would be more expensive than obelisk

But it’s the other way around

[rough fog]

same

Out of my range anyways

[gentle sorrel]

Still don’t have 25eth to spend on it lmao yeah

[round grail]

Will there be an LBP price chart anywhere to follow?

[strong terrace]

I hope BNB will go today up to 310 then i can invest 5 eth :)

[severe igloo]

have we reached 20k yet?

[tardy radish]

2am where I am ffs

cbf waiting up

[severe igloo]

you don't have too that is the beauty of an LBP

[barren scaffold]

😅 ouch... I'm going to grab some breakfast team... you all know how to respond when someone comes asking why $50, where to buy and where to see chart ❤️

[severe igloo]

it actually should save you money

[tardy radish]

?

how does that work?

not waiting for opening

[severe igloo]

A lot of people/bots will buy at opening. That will drive up the price. After that is done, there will be some pause and wthe price will be dragged down

becaus you know LBP

[trail trout]

Is there enough nft for everyone? how many dragons, for example? can it turn out that someone will not get it?

[severe igloo]

when you wake up (and with a bit of luck) the price should be lower. You can wait and see if it gets even lower during the day since it takes 3 days.

[tardy radish]

happens erry time yo

might grab some when I wake up

[severe igloo]

yes but this is an LBP so best to do is wait

[idle token]

when you wake up the token will already gone

[tardy radish]

oh

fek

[idle token]

grab as fast as you can

[gray mist]

Nope

[umbral vine]

There's enough for everyone. They'll mint the amount needed during the redemption window.

[tardy radish]

I got burnt hard on OXY recently by bots

[inner topaz]

Its not a dragon!

[tardy radish]

Kieran wait up or buy in morning sir?

[umbral vine]

Definitely not the case guys. Patience is key here if you don't see a price you like. They won't sell out in the first day. Or super super unlikely anyways.

[forest forge]

The next joke here i bought ilv cheaper then you 🤔

[severe igloo]

what jeremy said

[sage falcon]

Guys, with all respect it's kind of naive. With such pre-set FDV -$50M in bull-run the price will go up only

[gentle sorrel]

No it’ll go down to 20 so I can buy clearly

[fair moat]

It won't drop to 20 until after you buy

[umbral vine]

If you wanted to sleep I don't think you'd be kicking yourself in the morning. This isn't investing advise. Just if I was in the wrong timezone I'd probably get shut eye. Be prepped for the 72 hours to follow.

[gentle sorrel]

For real, bog watches my transactions

[severe igloo]

maybe not 20 but 35 ish should be feasible

[umbral vine]

No guarantee there. But no one knows what will happen in the sale.

[forest forge]

Yah really difficult decision

[inner topaz]

Can't give financial advice. And even if I could, I wouldn't know, things are hyped up massively

[unborn cairn]

Maybe 50 dollars all the time. Of course, what a strong degree of community support does this total amount need?

[tardy radish]

Thanks, I have learnt hard lessons fomoing on opens recently so sleep it is for me

[severe igloo]

bro, do you have ANY idea of the massive gas fees you would rake up that way?

[forest forge]

If invest 5 eth and get for example
500 ilv and some hour later someone get 2000 ilv for the same eth it will be hard ...

[unborn cairn]

Ha ha,yes

[strong terrace]

@inner topaz sorry can u check this ? My break is in 10 min over and i cant work without know it haha #814313779696238642 message

[night sinew]

Will you be able to swap using USDT? or only Eth?

[strong terrace]

U can ise usdt bit it automatic change to eth and from eth to ilv

[night sinew]

Thanks mate 🙂

[strong terrace]

But better got straight eth is cheaper from the fee

[night sinew]

yeah will do

[little crypt]

Question - If i buy 1 eth worth of ILV then sell it immediately, will i still earn 1 point?

Does that 1 point stay on my account

[forest forge]

No

[little crypt]

So is it just based on how much ilv i am holding after 72 hours?

[frosty basin]

anyone know how much i can expect to pay in gas fees

[umbral vine]

Depends on a number of factors. So short answer is no haha

[ruby laurel]

And here I thought 2k usd ETH was a lot of $

[forest forge]

Yes after that you have to claim the nft rewards

[frosty basin]

oh

[knotty wraith]

Where can I read about the tokenomics

[sage falcon]

can somebody tells me why should i buy this token??

[ruby laurel]

I'm possibly top 0.1% irl yet I feel outpriced by the sale, gl to the team but I think imma have to pass

[tardy radish]

haha yes Read about it

[smoky quartz]

its a governor token

you get a cool nft if you spend

that you can show off in q3

[inner topaz]

Countdown

[foggy arch]

SO EXCITED

[smoky quartz]

how much eth do i win per fight"?

because im planning to be a professional illuvium player

[barren scaffold]

You're buying a stake in the world's first AAA blockchain game, which will eventually give 100% of its game revenues back to you relative to your stake. It's pretty sick imo..

[inner topaz]

How much do you have to bet?

[smoky quartz]

right now like 0.01 eth

[strong terrace]

Still wait for the HOLY anser , my countdown until work is 4 minutes haha

[inner topaz]

Obviously

[strong terrace]

#814313779696238642 message

This 😂

[smoky quartz]

you guys read jordan peterson's new book?

[strong terrace]

No i like to know , the ilv we own actuell (ihave 17.5 ilv) count for the nft's too or only fresh invested

[normal bridge]

when the token will list on exchange

[barren scaffold]

You only get points per ETH spent

[strong terrace]

Thx my dude :) then i must take my last reserve and hope my bnb go up to 310 or more then o have all in ilv xD

But i will get my mamoth !

[normal bridge]

it will be listed on binance

?

[foggy arch]

Proabably, one day lol

[strong terrace]

So we see us at evening 19:00 have noce day mist work cD

[barren scaffold]

Defo will be listed in an exchange in due course. The team's stated this is not done yet, because it doesn't make sense right now. It's all about fairly distributing the token to us first!

[foggy arch]

This will be the most insane IDO I've been so far

[dense crown]

can't wait!

[foggy arch]

I didn't even sleep well

[shy ivy]

probably missed it somewhere, but how does preILV relate to the ILV from upcoming sale?

[dense crown]

how does balancer sale work anyway

how do I make sure I am able to purchase some much-loved ILV?

[sage falcon]

I need access

[umbral vine]

Didn't know it was out yet. Love him though and will definitely be picking that up

[idle token]

1 preILV = 1 ILV

[north swallow]

You’re telling me I’ve mortgaged my car , house, two dogs and unborn child for this

So far all I’ve got are two chickens and half a cow

[umbral vine]

Hahahaha the most dedicated of the Illuvinati haha

[north swallow]

All for a damn badge

How’s you think I got the pc to access the sale duuuh

I’m sorry momma the rhamphyre was tempting me with its luscious eyes 👀

[static basalt]

honestly the balancer launch is a great idea but i think theres been one flaw. price should have started at something MUCH higher - 500 USD or so

50 is still wayyyyyyy to low

500 would allow ACTUAL price discovery

[north swallow]

What then I’d have to mortgage my inlaws too??

[static basalt]

no you just wouldnt buy

until it fell

[idle token]

$500 is too high, it will be stable around $250 I guess ?

[north swallow]

Balls out. Yolo.

[static basalt]

lol

[north swallow]

The moment it opens

[shy ivy]

any idea where can i find more info about when and how it'll be convertable to ILV?

[static basalt]

i just expect it to go to 1000+ immediately. maybe it even ends > 1k. everything is stupid now

[north swallow]

Too conservat🚀ve

[idle token]

It was mention here. it will be announced after the balancer sale

[unborn cairn]

Top price 50·······

[south hatch]

*Starting Price

[static basalt]

1T market cap. bring it.

[south hatch]

If people ape into $50, then it will go up in price

until people aren't aping in enough

[north swallow]

🦍

[waxen kindle]

where can i find a link to the balancer ?

[dim dagger]

https://twitter.com/TMod_Marco/status/1376857831455010820?s=20 ❤️

TMod_Marco ⟠ 420.ETH (@TMod_Marco)

Are you ready for the next big blockchain-based game?

Thrilled to have just published my research report on @Illuviumio. Read it on @publish0x at:

$ILV #Illuvium #Cryptocurrency #NFT

https://t.co/feWhwi8kMA

Twitter · Mar 30, 2021, 11:24 AM

[waxen kindle]

https://swap.illuvium.io/ whats this then ?

[static basalt]

anyone have an idea of what the sick 125 ETH badge would be used for in game?

[umbral vine]

Cool man thanks for the time put I to this. Looks pretty solid 😎

[hybrid finch]

seems like the bot that got through with 5 eth bumped the price to $53.21

[umbral vine]

Not yet sir

[fresh hornet]

Hoping this has a good punchline

[gentle sorrel]

It’s a badge?

I thought it was just a flex emote

[static basalt]

think they said they were badges

[gentle sorrel]

Ah alright

[exotic onyx]

when does the sale start>

?

[static basalt]

3.5 hrs

[gentle sorrel]

Still sad about squizz being 10eth

Ah well

[dim dagger]

No worries man! 😉 I'm waiting for Quora to restore the answer as well, got automatically deleleted by their platform somehow. That should provide most traffic once published.

Ty for the early feedback Ami 🙂

[wicked meteor]

Do i need to register on their site to be able to buy?

[forest forge]

No you need only metamask

[wicked meteor]

And balancer.exchange?

[south hatch]

The badge would be listed in a profile section, is how i see it

[forest forge]

No balancer exchange

[south hatch]

to show that you're an early supporter

[forest forge]

Man people are confusing with this shit balancer word

[wicked meteor]

Thanks dude I appreciate it

[summer trellis]

500 ETH ... I had hope this game was not aimed for rich people. 50$ first price... hope it goes to 1$ fast, so no rich people can invest in the game.

[red crater]

😆

[patent valve]

Way too expensive to get any prize

0.2 eth lowest one

[summer trellis]

I mean what reliiq says.

Not the price of@the token, that i hope@it goes down

[patent valve]

360$ for emote?

[sage falcon]

guys i dont get how this sale works?

[patent valve]

Cmon...

[sage falcon]

it's starting off expensive and then going down?

[patent valve]

Yes I know, but bonuses way too scaled for whales

[summer trellis]

If lot of richies buys will not@go@down

[sage falcon]

no im saying is it starting off expensive?

i dont get it?

[patent valve]

500 eth is not realistic thats two new cars, super whales only

Oh sorry, 3 ferrari

[sage falcon]

so theres no point in getting in early then??

[patent valve]

Nft look good, just not for mortals

[summer trellis]

Problem is, they should have an cheaper incentive for little investors. I wanted to speend 500$

[patent valve]

Anyways have fun with sale! Skipping and going for ghst

[summer trellis]

But not worth it

[patent valve]

Yes Gaita, 360$ gives you emote lol, give me "pet" for 500$

[forest forge]

Yah we all thinking about it buy first or wait

[sage falcon]

@sage falcon

Haha you're here

[forest forge]

They should set a 10 dollar price and everything is fine

[brittle remnant]

are americans banned from the balancer sale?

[swift burrow]

how much can you start off with buying into this drop?

[obsidian tide]

no

[sage falcon]

Where will be able to buy the ICO?

[swift burrow]

I see it says 50$ but will that be the starting price

I also see images with NFT's being sold for like 0.1 ETH and stuff

[forest forge]

Yah more eben check the first nft in opensea

They are going for 7 ETH crazy

[sage falcon]

@sage falcon balancer.finance? Is that where?

[forest forge]

No on the illuvium site

[sage falcon]

Fuark

[summer trellis]

I think there is not incentive for the masses, just for whales.

[surreal kindle]

Is there any way to see where we are on the Balancer curve?

[sage falcon]

Is ERC btw am I gonna have to pay gas

Brutal

Oh well I'll buy

[swift burrow]

so how much can we buy it for?

[tardy radish]

euphoric AF ill buy later cheap

[summer trellis]

I will be around checking the progress of the game.

[umbral vine]

That's why there's different nfts for all price points as well as a free one. And why its done on balancer as its the most fair way to go about the sale over 3 days. If you think big picture then you'll have been happy to have been one of the very few to even have a free promo nft from this.

All about perspective.

[idle token]

as much as you can afford

[swift burrow]

and it'll guaranteed get us a quality NFT?

I'm just a bit confused on what we're actually buying

[idle token]

5ETH you will get a dragon like

[swift burrow]

jfc who has 5ETH

lol

[idle token]

whales

[torn patio]

11AM EST, correct?

[summer trellis]

20 whales will get nice NFT that they will not sell never 🙂 but they will enjoy it

[forest forge]

Yah pay 5 eth get the dragon sell it for 2 eth and you have your loses again

[swift burrow]

what can 50 dollars get me?

anything worthwhile?

or should I just not waste my time with this

[sudden dawn]

ur investing to buy ILV tokens - as an extra, fun bonus an X amount bought gives you ' points ' which will allow you to get some extra ingame and out-ofthe-game stuffs 🙂

[idle token]

#📣〕announcements message

[forest forge]

Perhaps you pay the gas with it

[swift burrow]

oh yeah

GAS fees are horrendous

[summer trellis]

Will the ILV that we wanna buy this 3 days, have any utility ingame? Or just gobernance token ?

[swift burrow]

so if I like drop 100, 50 for gas fees and 50 on ILV tokens what can I use the tokens on?

[red crater]

might wanna ready some articles first @summer trellis

[severe breach]

Dude.. your paying 5Eth for tokens....not the NFT..the NFT if free to get based on your 5ETH allrdy spent

[red crater]

before you decide to invest

[summer trellis]

I read a lot, but i am not english. I dont understand it

Not completely

[wintry sky]

Why is everyone focused on NFT ?? That's just for fun, a small incentive. It's ILV sale.

[red crater]

right!

jeezes 😄 the nfts are just a nice bonus

[little crypt]

Future value potential of the NFT

[forest forge]

I know i mean if the price drop ill have the nft as compensatio

[swift burrow]

right

[summer trellis]

I dont understand a word 😅

[swift burrow]

what's the point of buying early if when the game comes out and the tokens are still purchasable?

I get the NFT bonus for like whales but what about us little guys

what actual value will that bronze NFT give us?

[forest forge]

Perhaps they change the reward from 500eth to 5eth

[summer trellis]

Ah now perfext explanation thx

[severe breach]

Well it has 3 possible options... you'll be crazy in love with the game and you will use it as a lifetime collection...you will use it as collateral for your loss in the future or 3rd..it will make you more rich in the future😄

[swift burrow]

so the tokens collect intrest

[dry forge]

Maybe the tokens will be worth $100 by then?

[swift burrow]

ahh I see

[summer trellis]

Here it says illuvium can be used in game

[red crater]

@blissful bay , imagine you buy X amount of ILV at 55$. Then you sell it at 150$ and you rebuy when it's lower again. Will you then get points for NFTs?

ok

https://tenor.com/view/dolphin-jump-leap-ocean-flip-gif-8133108

[deep ruin]

other than the price itself. how much extra in fees will it cost if i want to buy just 1.

[tacit thicket]

guys, would it be worthwhile if i have only got 0.3eth with me

[obsidian tide]

depends on gas price during sale

[deep ruin]

but is there an extra fee from balancer too ?

[wild cedar]

estimated gas fees for tonigh.. i have 535$ worth of eth

should i go or no?

[red crater]

hmmm tricky @wild cedar

[deep ruin]

game concept looks cool. but am too poor lol. but ill buy 1 if i dont get rekt too hard on the fees

[red crater]

because prolly gas will spike during the sale

[swift burrow]

what about $150 worth?

[red crater]

in y our case it might be best to play the waiting game

[wild cedar]

i already have 5 PreILV though

[idle token]

I guess gas fee is about $20~$30 for fast transaction

[summer trellis]

They use balancer for incentive the little investors... but then u got the nice skin for 500 etc 😅👌

[red crater]

why dont you stop whining and just dont invest @summer trellis ?

[tacit thicket]

i guess more than that

[sage falcon]

Does balancer charge gas?

[summer trellis]

Sorry guys i stop now, hope@i can buy some

[red crater]

sounds like a good plan

[worn storm]

Whats the selling price on launch vs presale?

[summer trellis]

i want invest!! Dont get me wrong

[worn storm]

and how long after the presale is launch?

[summer trellis]

I just thought it will be something like, all of u that invest get this skin. Not just whales

[deep ruin]

once the sale is live someone buy some at a price their happy with then report back how much the fees are lol

[reef nexus]

i just sold my house so i can get a skin

[sage falcon]

LMAO

[summer trellis]

hahaha +1

[formal oar]

Mornin Mad House! Excited for today?! Trying to decide on what nfts to get with my baby bags 🛍️

[deep ruin]

I was gonna buy a bunch of trials chests in gods but that got delayed. and this is here. yolo

[little crypt]

What price is everyone gonna try and wait for?

[idle terrace]

Sorry if this has been asked there’s to much to read...where will we be able to see a chart & sale info during the sale?

[main leaf]

https://tenor.com/view/all-dead-gif-12635464

[static basalt]

hoping to get any under 200

[hallow portal]

Is the weights set at 95:5 starting at $50? or starting at $50 with a 50:50 weight.

[main leaf]

i see rekt people

[little crypt]

lol its launching for 50 and will go lower though

dont buy for 50....

[static basalt]

will it go lower? i see it selling out in 30 minutes

[tight canyon]

it can't sell out

[little crypt]

no matty you dont understand whats happening here

[tight canyon]

price will go to infinity

[little crypt]

please dont invest

[hallow portal]

wait so balancer can go higher than starting weight? even at 95:5?

[tight canyon]

what do you think happens when people buy....?

[hallow portal]

oh i know just wondering if 50 was the cap

[tight canyon]

no

it is just starting at 50

there is no reason for it not to start at like $1000

$50 is not going to allow price discovery in beginning

[static basalt]

and it should have

[hallow portal]

yah thanks

[static basalt]

should have started at 100k tbh

why not

[hallow portal]

i thought if starting weights is 96:4 it cant go that much higher

maybe i have balancer all wrong -_- i know the flappy bird analogy but i suppose never seen what happens if it gets bought at limit

[tight canyon]

when alot of people buy it will go much higher of course

[hybrid finch]

starting price 53$ thanks to that one bot

[hallow portal]

eh

most of the big buyers will be SNX whales

[sage falcon]

theres talks about dropping after the presale, why would that be?

[hallow portal]

im happy to wait it out

even if u lose position

[tight canyon]

people dump things after lbp many times

when stuff hits uni

[sage falcon]

so i assume itll settle.down after a day or two

[hallow portal]

hyped sales = better to just wait

[tight canyon]

buying today is pretty much a gamble

[rough fog]

Thats the way Pas

[sage falcon]

how long til the sale starts btw?

ehh ill wait it out

[tight canyon]

well it's a gamble regardless, but buying today is risky gambling

[hallow portal]

just wait man, no need to fomo

SNX whales will sit there watching noobs battle

[sage falcon]

this seems really hyped how did i only hear about this now lmao

[hallow portal]

then they come in buy half ur price

and u cry

[sage falcon]

ty

[rough fog]

One question guys, the APY of the yield pools will be the same? or the ilv/eth will have more apy than ilv stake?

[tight canyon]

it's not good that it is hyped before lbp. just means that a lot more people are going to rush into lbp and we will have to pay more

[hallow portal]

ilv/eth more

[tight canyon]

it is best to be quiet about this

don't shill it anywhere until after lbp

[rough fog]

So as i see in tokenomics, Ilv/eth 0.8 ilv 0.2

so its not worth it invest a lot of my eth in the ico?

[hallow portal]

if you want to degen gamble the play is: max gas, buy a stack at 50. then immediately switch the balancer over and trade it back, likely some kid gonna buy it off you at premium and cry

[gleaming willow]

Trailer is pretty cool! Good luck with the launch 🙂

[wild cedar]

so on the 7th day there are still tokens?

[hallow portal]

goodluck people apeing in early 😉

[tight canyon]

what? that is a good thing they held off. how is that conflicting with my statement?

do you want to pay a higher price?

[wild cedar]

balancer pool will only now run for 3 days?

[dapper whale]

Hello guys , i cant link my metamask to IlV sale plateform..why??

[rough fog]

I mean, the price of ilv could go anywhere. But then i could get more revenue in the ilv/eth pool than in ilv pool right? Or just explain me why im wrong

[wild cedar]

thanks

[rough fog]

or until the pool goes to 50:50

[dapper whale]

But the website already works

I cant see no metamask

[sage falcon]

is the team doxxed?

[rough fog]

impermanent loss right?

[worn scaffold]

Can I convert my pre ILV to ILV later?

nice

[obsidian tide]

there's a huge connect button at the swap site

[worn scaffold]

hope gas goes well on our side

[sage falcon]

are the creators anonymous

[shut marlin]

i think it automatically converts

[dapper whale]

So guys after the presale starts ill be able to link my metamask for sure?

[gloomy ibex]

if you cant now, it won't work then

[obsidian tide]

you can already link it 🤦

[dapper whale]

I didnt find metamask

[little crypt]

Will these bonus NFTs have any in-game functionality? Or purely collectable?

[dapper whale]

Only 4 other platzforms

[obsidian tide]

then you are not on the correct site. Check #📣〕announcements with article for link

[sage falcon]

damn gimme a break i only slept an hour 😔 its been 10 mins since i found out about illuvium

[exotic onyx]

Start Price: $50 USD
Starting weights: 96:4
End weights: 50:50
Duration: 72 hours
Token Supply: 1 million.

What does the Starting weights mean?

[little crypt]

which one

[exotic onyx]

Ive read the Posts, but doesnt explain the weights.

Really? must have read the wrong one.

Well, If youre talking about post 9, it basically stats the weights

It doesnt explain what it means

Initial Pool Weight Ratio 96:4
Final Pool Weight Ratio 50:50

What does this mean?

[rough fog]

96% ilv 4%eth

if it goes to 50% 50%

Its over

[chrome topaz]

hype

[kind trellis]

I think he means what are the consequences of the weight

[sage falcon]

Supply curve is maxed in the first minutes to disincentive front running bots. Price will fall in a controlled way

[chrome topaz]

the weight needs to remain balanced

[hybrid finch]

doesn't it trade for 72 hours regardless?

[chrome topaz]

it auto balances

so it starts unbalanced

[rocky torrent]

i think it enables downward pressure until it reaches 50/50 to combat bots

[chrome topaz]

and it reachs equilibrium

by the price lowering

[sage falcon]

The general idea is never to buy in the first minutes to hour of an LBP

[copper cypress]

Everyone keeps saying price has to fall. What if $50 isn't high enough and people want to pay more

[chrome topaz]

youll end up risking being dumped on

[sage falcon]

But the best idea as an investor is to calculate based on marketcap

50$ is 50 million mktcap circulating

[chrome topaz]

no its more

[rough fog]

Yep, thats the market

[chrome topaz]

if theres 1 million during the sale but theres more that was airdropped

[kind trellis]

FDV is a meme. I don’t understand why people calculate mcap with fdv. Mcap must be calculated with circulating supply ONLY.

[chrome topaz]

so it wont be 50 million market cap

[idle token]

Apes will get in fast...they don't have brain, just collecting anything they can get

[sage falcon]

Exactly, FDV is a meme. Who is making an investment decision right now based on circ supply in two years unless they are also a VC and will hold for 5 years

[chrome topaz]

theres heaps of farming rewards

[severe igloo]

FDV - first day value

?

[copper cypress]

Fully diluted

[chrome topaz]

1 million for sale

[severe igloo]

ah

[signal locust]

psyops 😏

[chrome topaz]

not sure how many were airdropped

[sage falcon]

Then add the number airdropped then

[nova sage]

jesus this is all so confusing

[foggy arch]

Hello guys ! My ETH balance isn't showing on the Illuvium swap interface. Is some issue which am I missing ?

[signal locust]

my target was $70 before the change, seems like a discount to me now 🤷‍♂️

[chrome topaz]

well its all relative

[severe igloo]

None of this actually is confusing. Only focus on what is in front of you now

[nova sage]

What is "LBP"?

[severe igloo]

If you are going to hold for longterm you WILL have to deal with the bearmarket

[nova sage]

bruh

[sage falcon]

come on

[chrome topaz]

why madcon

[gloomy ibex]

Is it showing in your wallet?

[sage falcon]

!ban

[late warren]

We saw that lol

[main leaf]

ban hammer was fast

[severe igloo]

Try sending me all of it and I will check for you muhahahahahahahahhaa

[barren scaffold]

@hot bison see ya

[sage falcon]

who actually takes the time of their day to spam shit like that

mindboggling

posted a trap

[foggy arch]

LMAOOO

[signal locust]

it was funny ngl lol

[gleaming willow]

lol

[barren scaffold]

🙈

I was eating ffs

[copper cypress]

$50 is underpriced vs Axs and Alice. So I actually don't get how this mechanic of price going down is gonna work

[severe igloo]

grade A NFT

[exotic onyx]

Yeah not showing on mine either

[normal bridge]

the swap start?

[chrome topaz]

so you want it at the same price so you dont get a return on your investment

[exotic onyx]

I assume its because it hasn't started yet

[obsidian tide]

yes, in over 2 hours

[nova sage]

what is Axs and Alice

...

[gloomy ibex]

If people don't buy or ILV is traded back into the pool, it will go down

[sage falcon]

nft games

[chrome topaz]

they are other gaming nft platforms

[nova sage]

ah.

[chrome topaz]

alice is over valued

axs deserves it

[sage falcon]

yup

ive looked into axs and it seems cool

[open pewter]

when the swap starts¿

[sage falcon]

but looks like this is even cooler lol

[open pewter]

is there a link to balancer?

[obsidian tide]

#📣〕announcements

[chrome topaz]

yeah illivuim

[signal locust]

everyone is trying to psyop each other to think we won't go in at $50, but deep down we're all apes 🤝

[chrome topaz]

is my favourite nft game so far

[gloomy ibex]

http://illuvium.medium.com/ read up

[slender pelican]

Best of luck to everyone over the next 3 days. This gonna be awesome!

[severe igloo]

Alice seems like some kind of Animal Crossing meets farmville

[normal bridge]

token left is 0

[sage falcon]

hey i have a question since the sale is almost over

[past kayak]

Two questions#

1. When can we swap pre iluv for iluv?
2. Will you make curve graphic for balancer?

[foggy arch]

same here, might be a issue. It's apeering on balancer site

[normal bridge]

connected with my coinbase wallet inwhich

[barren scaffold]

Good luck to you as well sir! 🤗

[sage falcon]

can i get an NFT thru the sale even with spending only like $5 worth of ETH

[normal bridge]

0.7 eth is there

[open pewter]

people, question

the sale is in 3hours right?

[sage falcon]

i thought it alryeady started

[shell pumice]

2.5 to be exact...

[open pewter]

YEAA

2.5

[past kayak]

Sad, as curve is much informative.

[normal bridge]

any one help

[sage falcon]

ya fr i need help lol

not that kind tho

[novel crescent]

Love the project. Two questions.

1. How did Illuvium get so much traction on Discord this fast?
2. How did you guys find Illuvium Discord early?

[umbral vine]

Teaching my sister how balancer and metamask works right now, it's the first time she's been seriously interested in crpyto. Very exciting. 😂

[sage falcon]

@novel crescent halfchins

[copper cypress]

How much gas you think this discord about to spend today?

[shell pumice]

I have the same problem, I expect it to be working when the sale starts. If not, all works fine on balancer. 😀

[normal bridge]

so it is not start yet

[chrome topaz]

what nfts do you think are exciting

[normal bridge]

?

[exotic onyx]

Is there another link I should use for Balancer>

?

[sage falcon]

@normal bridge there is literally a countdown

[shell pumice]

No, it hasn't. 2.5h left till start.

[normal bridge]

ok got it

[idle token]

the top row, the dark one

[past kayak]

Lol I do not ask personally you to make it.
Team should do it, I know how balancer works and did almost all sales there.
Live curve is a must and that is poor if you do not have it

[sage falcon]

Hello

I discovered this sale just in time I guess

[fair moat]

The Rhampyr cards, and my favourite emote is the 2 ETH Crab

[shell pumice]

There is? Where, if I might ask? 😀

[lethal ingot]

Anyone else getting this error

An error occurred during a connection to swap.illuvium.io. PR_END_OF_FILE_ERROR

[chrome topaz]

im short 20 eth 😦

[normal bridge]

another question, how can i add ivl toker in my coinbase wallet

[obsidian tide]

sell kidney, not financial advice tho

[exotic onyx]

20 ETH for what? Financial freedom?

[earnest tundra]

lol, I'm short 498ETH 😂

[chrome topaz]

i dont want to sell my other bags

but im considering it

[sage falcon]

@shell pumice on the home page, a banner ontop

[chrome topaz]

the middle dragon one is tempting

[idle token]

put it as collateral in Venus and borrow ETH

[loud pagoda]

What's your opinion about BLBP after those experiences, curious

[sage falcon]

i have 1.07 eth so id barely qualify for the 1 eth nfts... if i sold everything 🥴

[shell pumice]

Saw it, thanks. i had only the swap page open. 😀

[light flint]

pls whats ILLV total supply?

[chrome topaz]

i know rgt lets me lend

[torn patio]

question - how will we know what price we exchanged our ILV for? Will that be displayed in the Balancer tool the instance our transaction goes through?

[summer trellis]

7 million

1 million this sale i think

[chrome topaz]

its like uniswap

[earnest tundra]

thanks to @blissful bay for helping everyone out! lots of questions today (and lots that have been asked plenty of times before)

[light flint]

max supply is 10M ?

[chrome topaz]

yeah

but a lot is for yield farming

[shell pumice]

I have no experience with that, I only use MetaMask...

[rough fog]

3 million for yield, 1 million for ingame rewards

[exotic onyx]

is ILV listed on Balancer yet? or will that happen onlt when the sale starts?

[sage falcon]

@blissful bay may i ask a question G

what is the minimum amount of ETH I can give to the illuvium swap website

to gain a benefit

because i was just told

that id have to pay a $50 fee

if i dropped $5 on it

i dont see that on the website

[past kayak]

Patience is the key. All sales are different, here I expect moon from the beginning

[sage falcon]

so hes talkin bout the fee to actually buy the coin?

[normal bridge]

same question

[sage falcon]

like off of coinbase?

Dawg

I live in New York lol

[worn storm]

is this a long hold?

or are we going to see the price rise quickly

[scarlet surge]

read up on medium posts guys, dont ape in #🔗〕helpful-links

[normal bridge]

the ilv token will be listed on centralized exchange later?

[open pewter]

the NFTs would be available for claim in L1 or L2?

[nova sage]

APE APE APE APE APE

[sage falcon]

and Ive heard use electrum cus the crypto isnt really yours on coinbase,
but both electrum and coinbase have been hacked before

seems like coinbase is actually the safest place

for my coins besides a physical drive

[normal bridge]

any timeplan

[worn storm]

so we cant sell ?

[native tiger]

how will this work? if i buy at 50 i lose short term correct?

[lethal ingot]

You can sell

On decentralized exchanges

[worn storm]

ok but like

[sage falcon]

Ok thanks for that!

[worn storm]

im wondering what is going to happe nt othe price

is this being traded on an exhcange or something

[normal bridge]

so just put them in wallet?

[wet cobalt]

Can't find infos about how frequently the weight command will be called. Is it every hour ? Every 2 hours ?

[worn storm]

is the price going to go higher?

[sage falcon]

I've been studying crypto for as long as I've invested in it which is only about a month or two, I just haven't bought bitcoin off of anything else other than coinbase because Jew York makes it hard as fuck

[obsidian tide]

no one knows, yet

[scarlet surge]

cant really predict

[worn storm]

i cant afford to pull my eth in to a long term trade

put*

[obsidian tide]

then don't take part

[sage falcon]

So I feel like I know the basics, to a lesser extent than you of course, but where do you suggest I learn the rest?

[torn patio]

where can you watch ETH/ILV price chart live....will we be able to watch price action here? https://www.dextools.io/app/

[lethal ingot]

Then don’t buy

It’s simple

[worn storm]

but if the price goes up

[umbral vine]

You don't have to stake on this buy good sir

[worn storm]

i can afford it

you feel me

[normal bridge]

the swap will last 3 days

[umbral vine]

You'll have 3 days to see if it does, and even if it does then it likely will come back down. And also you'll be able to buy on exchanges soon enough

[normal bridge]

am i right

[umbral vine]

yessir

[worn storm]

3 days till i can sell?

[sage falcon]

Yeah I'm not one to follow the law its just literally really extremely difficult to buy crypto in new york

[carmine sandal]

why do you lose on short term?

[lethal ingot]

@worn storm and if your aunt had a dick she’d be your uncle 🤷‍♀️

[scarlet surge]

you can sell before that, but then you wouldnt be eligible for the NFT claims

[worn storm]

im not interested in NFTs

unless i can sell them

im working my way out of WAGIE hell

[scarlet surge]

ofc you can sell the NFTs you own lol

[normal bridge]

nft is nothing

[exotic onyx]

how are there buys already on this pair?

[normal bridge]

i dont care nft

[umbral vine]

By virtue of it being an NFT you truely own it and can sell whenever you'd like after you have it in your wallet sir

[lethal ingot]

They won’t be worth shit lol unless you drop 50 ETH

[exotic onyx]

ILV/ETH?

[scarlet surge]

there arent wdym?

[exotic onyx]

on dextools Im looking at..

[carmine sandal]

its not live so this is a scam token ...

[umbral vine]

not true, these are some of the first NFTs ILV will be offering. Think 2 years down the line when millions are playing. You don't think that even the free badge would be worth money? I remember the promo MEW card they gave out at the pokemon 2000 movie. That things worth money now and it was free. Just depends on perspective

my pov anyways

[scarlet surge]

i think this is the scam token? im not sure, there was a scam token on uniswap, not official

follow official sources only

[worn storm]

how much is it

[exotic onyx]

fair enough. I'll make sure I just use the illivium site.

[worn storm]

cheaper?

[sage falcon]

@lethal ingot so how far do u think 0.0007 ETH wouild get me🙈

[vital siren]

its not trading yet

[carmine sandal]

is it 1ETH buy minimum or anything goes?

like do we still get .5 points if we buy .5 ETH?

[obsidian tide]

not even covering the fees 😂

[scarlet surge]

you can buy any amount but take into account the gas fees, and NFT rewards start from 0.2 i believe?

[lethal ingot]

...not far

[torn patio]

which is correct pair to watch today?

[carmine sandal]

guys its not live on dex ... you can't see anything yet ...

[sage falcon]

theyre both scams

[trail knot]

there is a bronze badge that you can redeem regardless of how much you bought

[carmine sandal]

thanks bro

[chrome topaz]

can anyone summarise

[sage falcon]

basically, ur mum gay

[scarlet surge]

read up on the medium posts to confirm

[chrome topaz]

what the badges are for

[worn storm]

god im so poor

[exotic onyx]

When you guys go to https://swap.illuvium.io/

[worn storm]

i only have .1 eth

[exotic onyx]

Does your eth show up there
?

[lethal ingot]

Buying in for less than 2 ETH is probably not worth it

[exotic onyx]

yet?

[chrome topaz]

so im thinking

[lethal ingot]

Balancer is insanely gas intensive

[sage falcon]

i have 0.0007 @worn storm rn

[chrome topaz]

middle robot black dragon

and maybe a badge

[barren scaffold]

It's not live yet

[frail jay]

Damn, i am too poor
Cannot afford even 1 ETH

[lethal ingot]

you'll probably end up seeing 100 dolllars in gas easily

[sage falcon]

wondering whether to buy a lil more or if itll not be worth it

[worn storm]

100 in gas?

fuck me

[trail knot]

https://illuvium.medium.com/19-how-to-claim-the-balancer-bonus-nfts-5c28dd72ae14

[sage falcon]

but if theres gas fee theoretically

[tacit thicket]

hi all, may i know is it the highest price for 1 ily would be 50, it will not go more than 50 ( excluding gas fees)

[sage falcon]

and i send the fucking ETH

[scarlet surge]

@blissful bay chat needs a timer? 👀

[sage falcon]

and its not enough

[south hatch]

It could

[lethal ingot]

Balancer does rebate some of the gas with $BAL

[scarlet surge]

its getting flooded

[south hatch]

Its based on how many people want to buy

[lethal ingot]

but yeah gas is already sorta higher this morning than the past few days

[sage falcon]

@lethal ingot explain how you think gas fee will work in this scenario

[umbral vine]

This is why the game will be on IMX when it launches so there won't be gas fees

[lethal ingot]

and Balancer is gas hungry AF

[barren scaffold]

That's the intention behind this type of launch

[sage falcon]

because im really curious why gas fee would be $50 no matter what you spend

it just asks for the ETH

[scarlet surge]

do you have the permissions to set it?

[tacit thicket]

more people buying would push the price higher?

[umbral vine]

agree

[sage falcon]

so theoretically wouldnt u just send them the ETH

[south hatch]

Pretty much

Its based on Demand

[scarlet surge]

aight cool 👍

[lethal ingot]

I don't understand the question. Every transaction on the ETH mainnet has gas. If demand on the network goes up today which it seems like it is then it will be high. And the Balancer contract is gas intensive in and of itself

So you're looking a high gas fees I think

[sage falcon]

so the gas fee would be taken out of the ETH i give?

bc im not paying moneyu

[lethal ingot]

Yes

[chrome topaz]

gas fee pays for transaction

[sage falcon]

ok ok THATS what i was wondering is whre it comes from

so i could just give them any amount of ETH

and itd cover gas fee

[chrome topaz]

no

[lethal ingot]

You should basically always have at least .25 ETH in your wallet for paying gas

[knotty pollen]

can we track a chart on balancer?

[chrome topaz]

gas fees are seperate

[lethal ingot]

It wont cost you all that obviously

[scarlet surge]

50 dollars is the start price of ILV on balancer, the price can change in any direction once the sale goes live

[lethal ingot]

but you do have to spend ETH on gas

[sage falcon]

but its based on the ETH i give

why would they make u do two transactions

[frail jay]

0.25 ETH for gas? Hella expensive

[lethal ingot]

No that is't what it will cost. It's just a general buffer heuristic for what to leave in your wallet

[worn storm]

I just want to make some money boys

im poor

[lethal ingot]

you don't want to ever be stuck

[worn storm]

if i throw .1 eth in

will i profit

[loud pagoda]

Umm I guess. Still we should wait for the chance right

[barren scaffold]

Remember the sale will go on for 3 days. That's a few opportunities for you to find a quiet time when gas isn't as expensive

[worn storm]

are you calling me poor

[lethal ingot]

I mean they dropped the price from 100 to 50 which means at some point people thought this was worth 100. If you also think that then spending 200 dollars in and out on gas isn't that bad if you ape enough into this

[scarlet surge]

dont ape in then 😂 , read up on the medium posts, understand how the balancer sale works and invest wisely

[lethal ingot]

I'd be shocked if the sale last 3 days

[chrome topaz]

no

[frail jay]

I even only can afford 0.05 ETH

[lethal ingot]

I suspect this will sell out in under an our

[chrome topaz]

it wasnt because people thought it was 100

[worn storm]

if it sells out that fast

[umbral vine]

Not possible really

[chrome topaz]

its a method to dicincentives bots

[worn storm]

isnt the price going to shoot up

[native tiger]

Price is driven down by buying pressure. That what I understand. Maybe wrong.

[sage falcon]

does ILV get held by a second wallet

[chrome topaz]

i understand

[lethal ingot]

I mean its a fixed supply so if demand is insane this isn't lasting 3 days

[chrome topaz]

but you guys realise 50 million

[sage falcon]

must i download something other than coinbase pro is basically what im asking

[lethal ingot]

and there is a ton of hype

[sage falcon]

to hold ILV

[chrome topaz]

is a lot of money

[frail jay]

I will skip this then, if this game need huge amount money to start, maybe i will find another game

[obsidian tide]

it is f2p

[umbral vine]

Yeah but the way balancer works for it to sell out in the first day the prices would go to high.

[gloomy ibex]

You need an ETH wallet like metamask

[frail jay]

Are you sure? It is not like axie infinity?

[umbral vine]

Just need metamask for the sale really

[tacit thicket]

that is what i understand too, if that is the case, 1 ilv would never go higher than 50 in this sales, no? ( gas excluded)

[sage falcon]

@gloomy ibex tyty

[pastel shard]

?

[scarlet surge]

yes you can get into the game for free but you wont earn any tho

[barren scaffold]

No the price is pushed down by the shifting weights of the pool. It's always there and the price will continue to move down throughout the 3 days of the sale duration.

[gloomy ibex]

Can go above it everyone is buying

[chrome topaz]

i suspect it will have an initial spike

then buy ins as it goes down

[frail jay]

So i can't make money by palying as F2P?

[scarlet surge]

you need to invest some money to start making money, but you can still enjoy the game for free

[chrome topaz]

if you want to stand a chance

[lethal ingot]

Sure but I think that has happened before. Where purchasing outpaces the dips. I'd prefer for it to go on for a little while but am prepared for the sale to be quick

[umbral vine]

No the price drops when people don't buy by the weight. And when people buy it pushes the price back up against that weight.

Simply put, when people don't buy then price drops. When people buy price goes up. And hopefully an equilibrium is found

[chrome topaz]

i think its between 500-1000 to play properly

[frail jay]

So sad :(, i just can afford knly 0.05 ETH

[atomic reef]

hey guys

[gloomy ibex]

You can earn ILV in game, but you need ETH to purchase on marketplace

[atomic reef]

guys?

[umbral vine]

Don't worry you're still early and will have plenty of time before launch to get in

[sage falcon]

hi

[umbral vine]

hey

[atomic reef]

how do i get involved with, a balancer bootstrap?>

[umbral vine]

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

[carmine sandal]

are all the tokens priced the same in the sale?

[atomic reef]

ive read the medium articles

[chrome topaz]

no

[atomic reef]

yah iu read that

[chrome topaz]

the price flucuates

[carmine sandal]

or say if i wait 20 min will i be paying a premium for the token?

[atomic reef]

it sounds like gibberish to me

[chrome topaz]

if the price doesnt go below 50 million

[severe breach]

https://youtu.be/gjCSJIAKEPM

[chrome topaz]

that would be because there was a constant buy in of cash flow of at least 50 million

[severe breach]

Whoever is interested

[chrome topaz]

if you dont think that will happen

[vital siren]

https://pools.balancer.exchange/#/pool/0xd0DD7451D58318d8d528B83a8F45b0a22b7EAcD1/swaps

[chrome topaz]

then wait

[barren scaffold]

hehe thanks for the heads up. nearly missed it

[tacit thicket]

so if more people buying, ultimately the price for 1 ily could push to as high as 200 or even more?

[barren scaffold]

literally perfect timing

[atomic reef]

wait what

its already going?

[umbral vine]

Oh even high hypothetically

[atomic reef]

i missed the start?

[barren scaffold]

No! The sale hasn't started!

[chrome topaz]

that would be around 100 million of cash flow going into this

[hybrid hatch]

2 more hours

[chrome topaz]

thats bigger then the tezos presale

[atomic reef]

oh was that like a test swap i see tyhen?

[umbral vine]

Oh coooll thanks for that

[blissful acorn]

1 mln ilv are there?

[atomic reef]

guys

how ecxactly does this work

i dont have ILV to add to the pool

[obsidian tide]

you press buttons

[blissful acorn]

@blissful bay whats the total suply ?

[atomic reef]

or is that not how this works

[umbral vine]

The sale goes live in roughly an hour

[atomic reef]

ok, i though it was 2 hoyurs

[barren scaffold]

It's a launch pool with Balancer to fairly distribute tokens. The price is expected to go lower from $50 where it starts. Be patient. Stay patient. Execute!

[atomic reef]

ahhh ok, so styack ILV?

[blissful acorn]

@blissful bay thx for the reply ...

[median magnet]

It's two hours isn't it?

[knotty pollen]

how do you check price chart on balancer?

[atomic reef]

i see that townstar winery

[umbral vine]

To good to have this in the backgroud. Gooo starship!

[mortal bone]

Yeah 2

[umbral vine]

Sorry yeah typo there

[tacit thicket]

would it go higher than 50?

[atomic reef]

you said there was a million ILV there?

[scarlet surge]

it could go higher

[atomic reef]

theres only 999,851

liars

XD

[scarlet surge]

lol

[barren scaffold]

It could, but the chosen starting price is chosen with the idea that it doesn't. But no one knows the future.

[atomic reef]

wasnt it sposed to be $100

[blissful acorn]

@atomic reef we have 7 common channels 🙂

[chrome topaz]

yeah but that was considered excessive

[atomic reef]

wow, you followin me?

[barren scaffold]

It was changed after a proposal was made by Delphi Digital one of the investors, and approved by the council a couple of days ago.

[blissful acorn]

@atomic reef i was gonna ask you the same

are you stalking me 😄

[atomic reef]

im asking bitbender who signed up first

this needs to be settled