#💬〕general

1 messages · Page 1062 of 1

hearty veldt
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will be interesting to see how the market develops

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yea, seems unlikely, probably right

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though ILV is a saver bet, since you might buy Luvi's which are gonna decrease in price, and only a few will moon probably

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probably gonna focus on ranked when this game comes out and get a good feel for the meta's and try to gain an edge in the market that way, getting to know what is valued and what not, though in ranked with all stats being equalised I guess only the luvi's themselves matter which are plenty in supply

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yea, but then you'd need to buy in quantity instead of quality, seeing how it doesn't matter if you have a perfect stats luvi or the worse trash so all luvi's are equally applicable

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unless you want to play Leviathan

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I wonder how popular that mode will be

exotic onyx
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cool. Thanks

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Sweet. Ill try a few.

hearty veldt
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ha yea, diversify investment

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though, coming back to the gameplay, it definitely helps to get a grasp of how positioning works, in which case turbo modes might be more like Illuvium, these are faster modes

exotic onyx
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Oh - used to play clash of clans...Similar?

hearty veldt
#

but, the main gameplay probably revolves around drafting

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yea it is from Clash of Clans IP

exotic onyx
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ore completely different?

hearty veldt
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you have Mini's (miniature minions from clash world) which you place on a board

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and then they automatically fight

wind forge
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50000 per ilv

exotic onyx
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Whats TFT?

wind forge
#

If that would happen Ami then Ill send You lambo

hearty veldt
#

I am trying to think of a good draft game where you go tit-for-tat, I could see Gwent actually be somewhat similar in philosophy

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In Gwent you each take a turn to play a card and interact with the board, which I assume Illuvium is gonna be somewhat the same, you pick an Illuvium and place it on the board

exotic onyx
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100000 per ilv

red geyser
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Lol insane brains in here this morning

wind forge
#

What MC would be 50k per?

hearty veldt
#

but honestly, I think time investment wise, it will be much more fruitful to play Illuvium rather than these games, if you wanna learn to play, so wouldn't bother unless you actually enjoy playing them

wind forge
#

5b?

red geyser
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I feel like 5tril but that’s not real math

next surge
#

It would have to be the biggest crypto

tame solar
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not big enough

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I wont leave here until we overtake Blizzards Mcap

next surge
#

I fear cod is too popular

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But p2e.. who knows

humble wave
tame solar
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forget p2e

wind forge
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😂😂

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Atm I think 2nd is more possible

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😂

tame solar
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Illuvium is pokemon regenesis

next surge
#

Top 10 crypto is possible

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Top 100 is inevitable

tame solar
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FUD

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Top 10 inevitable

next surge
red geyser
#

But that’s with only the current circulation right?

tame solar
#

Not sellng until Kieran announces 5th game on E3

sage falcon
next surge
#

Personally i think 6-8k per ILV within 5 years

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Minimum

wind forge
#

It would be like 10 ilv max in guess?

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I could handle that 🙂

tame solar
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10 ILV = reasonably sized house

red geyser
tame solar
red geyser
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Yeah

tame solar
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unless you call 30's old

red geyser
#

Burgers age someone quickly

next surge
#

ILV $65+ by end of the week

real tiger
next surge
#

I want 500-1000 eoy

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300 is happening

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Idc

hollow drum
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^^^

next surge
wind forge
#

I like how fast our attitude changes after just two green days

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😂😂

next surge
#

Mine has always been the same

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I know where this is going

formal oar
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my attitude has never changed. lol.

wind forge
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Imagine us next week when it's going to be 29$ 😂😂

next surge
#

If you can deal with short temporary losses then its fine

next surge
real tiger
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If u dont hold the losses u dont deserve the 10x

next surge
#

Or the 100x

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.

real tiger
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Whatever x it will be :p

next surge
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A lot of x’s

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Many

hollow drum
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Big rip

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Diamond hands community needed

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Whoever is still holding has diamonds

red crater
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only fkin diamond handz in this discord

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only loading more

hollow drum
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They held through the bottom

red crater
#

fuark

hollow drum
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We deserve the 10X

twilit talon
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Only the die hard believers HODL

lofty knoll
next surge
#

The market cap is still unbelievably small for this

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Just sit and enjoy the ride

wind forge
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Ye im just holding too but our attitude is just golden 😄

next surge
#

If u remain positive u get rewarded

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Be negative and get negative results

wind forge
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😄 😄

next surge
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Like selling at a loss

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Nice

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But never me

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Not in this game

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3000 is like a 3bn market cap isnt it

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2-3bn

humble wave
#

When EOM? 😂 I can literally count the seconds.

next surge
#

Well thats happening sooner or later

formal oar
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they are going to troll us and it will legit be EOM. on the last second of the 30th.

next surge
#

Do we know the staking apy % yet

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Any guesses ?

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Estimates

next surge
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Show me the money

humble wave
#

apparently many have withdrawn from XYZ. the APY dropped af

next surge
#

Maybe they are staking instead

tame solar
#

APY dropped because price of ILV increased

humble wave
#

still free money is sweet 😄

oblique slate
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@little flax abandoned us guys, he's saving all his leaks for himself

tame solar
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And he is holding the Lore Leak man hostage

red geyser
#

It’s been a great test run for those of us farming for the first time. But pregame is just about over. Now I think I’m ready for the real thing.

humble wave
red geyser
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It’ll be like what 80,000 ilv in the ETH/ILV to be distributed over the first 2 weeks. And 20,000ilv to be distributed in the ILV only. Compare that to the APR in the XYZ that’s giving out 500,000xyz each week. (remember APR is calculated from USD value)

red geyser
humble wave
red geyser
twilit junco
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I'll wait for the announcement but I probably stick to my single ILV staking decision. 1) Don't have the money to pair my $ILV with enough $ETH. 2) Don't want to sell any $ILV and 3) I see ILV outperform ETH too heavily and I'm terrified to end up with primarily ETH 😄

humble wave
humble wave
twilit junco
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😄

red geyser
modest pelican
twilit junco
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Some have talked about that approach yeah. I did consider it too but somehow don't want to pay gas twice when claiming etc 😄

real tiger
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whos ready for staking

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i hope tomorrow to see an annouch haha

twilit junco
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Also...with the amount of $ILV I own (and will hopefully add on to), plus the money being made by playing a ton myself....if ILV actually reaches just parts of those numbers thrown around here...then I'm golden and absolutely fine, if another pool could have yielded more 😄

idle terrace
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And as I add ILV over time, I’ll probably just stake it

twilit talon
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@red geyser How do we collect the prize for the meme contest. Not won anything before not sure what to do.

humble wave
modest pelican
idle terrace
modest pelican
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and that they want to make sure no one has bitter experience with il

humble wave
idle terrace
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I’m very bullish on ETH so I’m fine with putting a good % in LP. If I thought ILV will straight kill ETH in gains, I’d just stake everything

red geyser
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What’s getting me is that the rewards all get locked in the single asset pool at 2x weight once they are claimed/vested

humble wave
idle terrace
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Hard to commit without seeing gameplay for me personally but everyone is different

hollow drum
humble wave
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For now, even without any gameplay it announcements, ILV is outperforming ETH. You can sell some for ETH to have it ready for LP

idle terrace
red geyser
red geyser
humble wave
idle terrace
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Yeah that’s the bet.

humble wave
humble wave
idle terrace
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The yield is really nice but that’s also downward pressure on the price as the supply is diluted. Even tho they’re locked, I think it will still have an impact but what the fuck do I know! Lol

red geyser
idle terrace
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Locking ur funds is always scary. If Nintendo announces an nft Pokémon based game 6 months from now, we could have a bad time. I don’t think they’ll do that but these are the things I think about in the shower. Lol

lofty knoll
idle terrace
wind forge
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Soon

lofty knoll
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No worries

idle terrace
wind forge
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Terminology here

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soon - week up to month, pretty soon - up to week, while - up to 12h 😄

rich terrace
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Based on the recent Pokemon games, that might actually be a good thing for us. They're so shit angry fans might jump ship

hybrid finch
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still no YF article monkaS

formal oar
red geyser
next surge
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Nothing is stopping the inevitable basically

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ILV = moon

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🌕🌑

hollow drum
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HERE WE GO AGAIN

tame solar
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I've already jumped ship

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Once ILV is out just go on reddit and make a post about it

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"here is your pokemon game youve been hoping for"

rich terrace
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I @rich terrace the bestest core contributor have pled with the Overlords regarding a YF article.

lofty knoll
rich terrace
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So it might be tomorrow- but no promises.

next surge
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What pool are people doing

lofty knoll
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Hahahha good Ben

formal oar
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uh oh.

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you've stirred him.

lofty knoll
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Trouble

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Bye Ben

idle terrace
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I personally enjoy the personality differences between Kieran and Aaron lmao

plain delta
twilit junco
lofty knoll
plain delta
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Also sorry guys, I finished it before the weekend but didn't get all the links inside it done. Then just been smashed by other work today. Haven't stopped since this morning (it's almost the next this morning)

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Mods have seen it though. And they have said it's 'pretty ok'.

lofty knoll
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Pretty ok pepe_laugh

plain delta
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But if it isn't clear in some ways then I'll get the mods to compile questions and I'll edit it to match.

formal oar
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I wondered why you were still up. ❤️ go to sleep!

lofty knoll
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Yea we will help with questions anyway

plain delta
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Try and upgrade it to 'sorta not too shabby'

idle terrace
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The mods in here would probably drink ur bath water so “pretty ok” won’t do.

idle terrace
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Lmao

lofty knoll
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Hell no

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When something is shit I say it

rich terrace
hollow drum
plain delta
hollow drum
#

big ups

humble wave
idle terrace
lofty knoll
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Kieran = Achilles, Aaron = Paris

twilit junco
lofty knoll
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Muscle and rage against big brain

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Thats how I would caricature

humble wave
#

$60 tonight?

near pier
humble wave
# near pier FUD

Haha. I like it when someone says FUD without any other words 😂

hollow drum
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60$ is FUD

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$100 by end of first month of staking

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once ppl see the yield

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they will understand

humble wave
fierce vine
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fuck off with that

hollow drum
near pier
hollow drum
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Ok only spreading Fud for matt now

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sorry

fierce vine
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tyvm

hollow drum
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not like anyone listens to me anyway

fierce vine
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pretty sure my bank thinks I'm trying to hack my own account with how often I check my balance

hollow drum
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LMAOOO

humble wave
hollow drum
humble wave
fierce vine
humble wave
hollow drum
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Ya ik

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ummm Idk tbh

fierce vine
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We should have both

humble wave
hollow drum
#

I could probably try to promote Illuvium on my school campus

plain delta
hollow drum
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lots of Foreign students

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haha

fierce vine
humble wave
hollow drum
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Facts

idle terrace
humble wave
plain delta
humble wave
wind forge
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So that means @lofty knoll saw some cool stuff and he didn't shill anything?

marble oyster
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bast*

twilit talon
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Yup, secret keeper

lofty knoll
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Hehehhee

hollow drum
lofty knoll
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Noiceee

hollow drum
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Will be setting up later today

lofty knoll
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Just in time

hollow drum
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yeee

wind forge
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Hahah I got mine last month

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But I'm not going to lie I'm super scared about it with this passphrase

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😄

wind forge
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I fell like if I'm going to mess up I'll be like one of those BTC holders that can just watch at balance

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😂😂😂

hollow drum
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just have backups in different locations you trust

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keep everything offline

wind forge
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I trust in this 😂😂

hollow drum
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I gotta get one of them boys

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Real talk tho, any advice on Safes?

plain delta
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Hahahaha. I finished my work for the day. Peace out all you stupid not-sleeping people.

lunar lynx
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Single asset ILV staking soon?

quick spindle
humble wave
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My Ledger is bored 😫 wants some action.

humble wave
hollow drum
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LMAO

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I cant even find it then

karmic lichen
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cant wait

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hopefully a few more days

severe breach
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Paid with ETH also...which gave me the best feeling in a long time lol...real use case of crypto.. that's how world will look like in 5y time i hope

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No cards...no banks..no hustle ..and only paid 0.25$ for gas lol

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Quick and easy

lofty knoll
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Paid my EK watercooling with crypto during bear market

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Now I regret

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😅

severe breach
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And btw @humble wave ..i paid 170$ for it 😅

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So actually double than you lol

humble wave
severe breach
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Yup

fierce vine
humble wave
hollow drum
#

I got a ledger and the capsule haha

severe breach
severe breach
inner topaz
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Like 7 years from now 🤷‍♂️

humble wave
twilit junco
#

Stop teasing me with a MMO! 😄 I won't be able to sleep again ^^

severe breach
humble wave
#

In 7 years we'll be through the roof. My passive income can retire three people 😁

hollow drum
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7400 per ILV token would be blizzards market cap

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that would be insane

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ATVI is at 74 Bn MCap rn

tame solar
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see you in 7 years

humble wave
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Let's first break ATH 😁

hollow drum
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im getting tatted at 10X

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what should I do at ATVI Mcap

humble wave
hollow drum
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thats too much

severe breach
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When..not if..ILV gets to 3.5k..i will sell just 1 and make a half sleeve with my top five tier 3 illuvials

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Print screen that

full dome
calm arrow
hollow drum
next surge
#

Creative minds hard at work

humble wave
severe breach
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Yup

hollow drum
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I want to make an NFT of my Tat

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I think someone in the community talked about this

sinful kestrel
#

When’s closed beta

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Jk

hollow drum
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Wen Lambo

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hehe

sinful kestrel
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Hehe lambo before house?

sage falcon
#

Wait. ILV was 30 like yesterday

full dome
sage falcon
sinful kestrel
twilit junco
#

I'm wondering how much revenue share a single $ILV will be able to get once the game really starts to take off.

#

Tried to gauge that, but not enough info unfortunately. Sure, there are numbers like "Axie close to $6m daily trading volume" one could take as a reference, but even when expecting ILV to surpass Axie, the daily trading volume doesn't really give an indication of how much money will end up in the vault.

hearty veldt
#

would like to know this as well

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even if just a rough estimate

twilit junco
#

I don't think it's possible to estimate right now. We don't know how often certain ingame purchases like

  • Shard Curing (used for catching Illuvials)
  • Travel
  • Crafting
  • Cosmetics
  • Revival

will be used or what they cost etc. Too many unknowns still unfortunately.

severe breach
#

Don't forget illuvials sells lol

twilit junco
#

Yep, that too.

lofty knoll
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Bonding

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Crafting

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Something

twilit junco
#

Just for fun I tried to assume that ALL of Axies current daily trading volume would be what ILV will end up having as daily "vault volume", leading to $5m a day, $150m a month and with a max supply of 10m $ILV basically to a $15 monthly revenue share. So with 100 $ILV alone you would already have $1.500 passive income 😄 But this is pure nonsense. Impossible to know if ILV vault volume will exceed Axies daily trading volume with the infos we have. But I loved the outcome for sure 😄

lofty knoll
#

You cant compare to axie

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Our system is completely different

twilit junco
#

Just trying to find out, how important it is to be able to take my job with me when leaving the country in a year or so, or if ILV revenue share + hardcore play2earn will cover me fully 😄

twilit junco
quick spindle
#

Also don't forget, max supply isn't set at 10 million. It can range from 7-10 million 😄

lofty knoll
#

My estimations are way more than yours

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And its conservative

twilit junco
twilit junco
#

To me $15 already sounds ridiculous. I'm no super whale and with that kind of revenue share for a single $ILV I could quit my job in a heart beat without even considering other investments and all the income through actively play2earn ^^

marble oyster
#

if you know what kind of money goes around in games. If the game hits, it could be possible

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in other games i saw people spending hunders of dollars in a single day, and each day of that month

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i;m talking about multi game (and other stuff)

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movies, little illuvials for children, table board game, whatever 😄

twilit junco
#

Multiple games, years down the road,....sure, there I could see this as well yeah. Just ILV now as a standalone game though, I find it hard to believe. Especially since those $15 a month still only are the result of a nonsense numbers game out of boredom 🙂

#

We were at $15 per $ILV per MONTH 🙂

next surge
#

Game revenue is $15 per ilv per month ?

twilit junco
next surge
#

Still crazy and could be possible

twilit junco
#

5.4b in 2018 if my quick google is correct for Fortnite

marble oyster
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but fortnite only has those season passes, no?

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just dreaming 😄

next surge
#

The $15 per ilv

twilit junco
#

We don't need 4b a month to get to $15 per $ILV per month, Ami 🙂

next surge
#

What do we need

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I take it the $15 per ilv call was a lower bound estimate

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Conservative

full dome
#

the mix up is he said per month you thought per day 😛

twilit junco
#

You said it here yourself, Ami. With 1b a month for the vault, we would already reach $125 per $ILV per month. We just need 12% of that 1b 😄

marble oyster
#

it still requires a lot of revenue

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let them whales spend their eth in game 🙂

twilit junco
#

If I'm not mistaken, for $15 per $ILV per month we would need $120.000.000 a month in vault revenue if we assume 8m locked $ILV.

next surge
#

Is that doable

marble oyster
#

then you need 2.4m average 50 dollars a month

twilit junco
#

That put's us at 1,44b in yearly revenue and thus only at 26,67% of what Fortnite made in 2018.

next surge
#

Mad

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Imagine $25-30 per ilv

twilit junco
#

I actually thought my boredom numbers game through Axie numbers was absurd and I still find it hard to believe to have as much of a stake as I have in a game that pulls in $15+ per token per month, but taking Fortnites numbers as a reference....suddenly it doesn't seem so absurd anymore. Still crazy, sure, could end up only making 15 cent per token, but ~27% of Fortnite revenue - considering empowerment, NFTs and whatnot - is something my mind at least can accept as a real possibility, without getting into the chances of that happening.

next surge
#

When does ILV game share revenue start, basically when things are up and running ?

marble oyster
#

i think aaron's guide will show us the way

twilit junco
#

I certainly hope that we can find means of getting that vault filled even before the game and in tandem with the game when it is out, yeah 🙂

marble oyster
#

I'd really like some merch 🙂

next surge
#

When we stake do we earn game revenue through that

next surge
#

For yf is it ILV/ETH

hollow drum
next surge
#

So if you just stake ILV/ILV you get ILV tokens as a reward + revenue

twilit junco
#

Tokenomics article: "Participants in both the $ILV / ETH and $ILV staking pools are given equal weighting for the purposes of Vault distributions."

tidal garnetBOT
#

Governance:
Together, we have the power to shape the future of Illuvium through our community collaboration on game improvement proposals as well as electing the initial model of governance, the Illuvinati Council.

Liquidity Mining:
Here, you will gain more ILV. This will increase your voting power in governance & increase your share of vault distributions.

Vault Distributions:
When you stake ILV, you share in Illuvium's success and earn a passive income of additional ILV, funded through in-game purchases and fees. Vault distributions will only be available once the game and Illuvidex are launched.

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

next surge
twilit junco
#

It is 🙂

#

That's like my new bible 😄

sage falcon
#

How much do you all suspect the average player spending per week to play this game? I haven't asked before, but is it free to play?

formal oar
#

I know why ILV pamped. I have the alpha.

tame solar
#

what if i spend as much as i make in ILV

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infinte loop ?

sage falcon
#

Good, if f2p is strong I will feel better streaming content

twilit junco
#

Travelling to find new Loovies and stuff was something Aaron estimated in an AMA in the price range of what other games charge you for boosters. That still leaves room for speculation of course, but it does give somewhat of a range

marble oyster
next surge
#

Its pretty obvious the game is going to be good as well

#

Generally speaking

marble oyster
red geyser
sage falcon
#

A small paywall for big reward eligibility is essential to fight botting too

#

And other dubious stuff like multi accounts

twilit junco
sage falcon
#

True, eh. I'll let them figure that out

lean scarab
#

whats the problem with multi accounts?

red geyser
sage falcon
#

Best to make incentives favor solo account and not work at punitives

marble oyster
#

yes

red geyser
twilit junco
#

One thing to remember early on as well is that while revenue needs time to grow of course, locked tockens won't be close to max supply either for quite a while. All the yield needs to be farmed first. Seed tokens are locked for what 9 more months or so....So even with lower revenue in the beginning, there could be some nice gains per $ILV if the game takes off somewhat early.

marble oyster
twilit junco
#

Or wait, wasn't there something about locked seed tokens eligable for revenue?

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I think they were only blocked from staking. Need to check that.

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Yeah, good.

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Would have been way too restrictive in my opinion otherwise. The team needs to get some shares too. They do the work after all.

hybrid finch
#

step 1 - stake a shitton of ILV
step 2 - spend a shitton money in the game
step 3 - get your money back troll

severe breach
twilit junco
# marble oyster i'm thinking more of a mtg booster, currently +- 15 dollar

I was initially looking at $5 - $10, but I think Aaron mentioned somewhere that you could catch more than one loovie per travel and then we also have farming crafting mats etc. so I'm expecting something in the range of $10 - $15 as well. I don't see it to be much higher. Kieran mentioned somewhere as well that he would like this still to be something attractive for regular gamers too.

velvet yew
#

@everyone

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My Priority skills are DEFI, DEX, NFT ecosystem development, Smart Contract Development.

Please contact me for further discussion.
Thank you.

severe breach
#

Let them dump...my hands will be greedy af in 1 y time

twilit junco
#

Everyone is entitled to their own strategy when buying a token. I'll be happy to pick some up then. Diamond hands! 😄

marble oyster
#

dumping is my main concern for locking 1 year, on the other hand, vault could buy cheap ILV

twilit junco
#

When the teams seed tokens unlock, thats less than a year after the alpha was released. That's like barely getting started here 😄

marble oyster
#

I know, but that isn't how peoples mind work 😄

severe breach
#

Why would the OG investors dump?

marble oyster
#

and the seeds won't sell probably if they have massive income

#

more the x seekers will try to take as much profit as they can

severe breach
#

Price wont even flinch

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Unless half of the community starts acting like wackos

marble oyster
#

like two weeks ago?

severe breach
#

Two weeks ago u had a single whale and a bunch of high holders yes

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Not the community

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And with the current mcap ofc it had a nasty impact

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Even Cha sold as a forced measure tbh

marble oyster
#

anyways, not much strategy for me to do, 🙂

severe breach
#

Don't think he just decided he needs to dump on a loss out of the blue..but yes..things can be unpredictable also

next surge
#

Cha with the 🧻 hands

twilit junco
#

Btw...Tokenomics: "All in-game purchases and fees are sent to the Vault. Periodically, the Vault distributes this revenue to staked token holders by purchasing an equivalent value of $ILV automatically from the $ILV/ETH Uniswap V2 pool."

That does mean, revenue shares are paid out in $ILV, right? If so, isn't there a hypothetical case where the vault is unable to buy any $ILV anymore?

severe breach
#

0.001 ILV= Party Yacht..no fud here😁

twilit junco
#

Yeah probably. Just found it interesting that in theory this could happen which again wouldn't mean the vault isn't generating a ton of revenue

#

Just need a stable nice income. Taking some! profit to pay for a house or something...we can talk about that at 50x, 100x ... 😄

next surge
#

Use eth and btc as a reference then

#

Dont sell until max profit is realised

severe breach
#

Kieran loosing money on ETH at 8$ gives me hope for the future

#

😂 😁

next surge
#

$8 eth damn

twilit junco
#

That is actually one of my issues with Bitcoin being so late to the party as I am. Do I believe it will go up? Sure. But let's say you buy in at 30k and it get's to $150k? Which still needs to happen in the first place. That's just a 5x and who knows how long it will take. Personally, I'm much more comfortable betting on something where I can get in early AND feel confident about the projects fundamentals.

#

Exactly. Not saying that going for Bitcoin is wrong. Who am I to advise something like that. But risk vs possible reward is simply not attractive for me enough with tons of other options out there.

vagrant valve
#

it will be interesting. To many things to take into consideration.

elfin coral
#

Most things will lose to btc long run, even ilv on a long enough timescale

#

On a 2-5 year period it could crush btc for sure tho, completely different things

real tiger
#

Risk reward on ilv is just a no brainer

twilit junco
#

Well, by then second game is out and the first movie being advertised. All things the useless BTC (in terms of practical use cases) doesn't have. So ILV > BTC in the long run (j/k of course, although I wouldn't say no to that :D)

elfin coral
#

Eth one of the few that might outperform btc, would take decades for it to replace the use case though

#

I'm a fan

#

Can like btc eth and ilv

twilit junco
#

Yep, same here. A bit earlier and I would have taken some BTC as well but I'm too late to the party. Maybe if ILV pans out beyond my current (and apparently compared to others quite conversative) dreams, then I'll funnel a bit into BTC as well.

#

Gotta pick up some HODL $ETH as well at some point, but first I need to reach my $ILV goals. 500 is min to reach, 1.000 is the goal 😄

elfin coral
#

With staking it's pretty easy to go from 500-> 1k

#

So I'd focus on an amount you are happy to lock

#

Max those returns

twilit junco
twilit junco
timber ore
#

why is there 15 poop emojis lol

#

on the most recent announcement.

timber ore
vagrant valve
elfin coral
#

Yeah it's risky

timber ore
#

no way in hell

#

im doing 12 months

#

we all know what happens when tokens get unlocked

elfin coral
#

Everyone agree to lock max 6months, then the vc's can't dump on us

#

🤝

timber ore
#

sure we have some strong holders/supporters but token unlock at a SIGNIFICANTLY appreciated price point for their cost basis, there will be profits taken.

twilit junco
timber ore
#

many of these guys got in at what? $6 per ILV

elfin coral
#

3.5

timber ore
#

once they slowly unlock, and lets say ILV is at $300

#

they will sell

#

theyd be mad not too

#

of course not

#

it slowly unlocks

#

overtime right

#

so we'll have a nice run up imo, but the second we get close to unlocking

#

people will start selling.

#

my 2 cents

#

idk

elfin coral
#

Its kinda funny, if they start dumping day 1 it will kill the value of the rest of their tokens cause everyone unlocked will dump

timber ore
#

what was the supply that was sold for $3.5? 20%? 30%?

#

10%?

tidal garnetBOT
#

Governance:
Together, we have the power to shape the future of Illuvium through our community collaboration on game improvement proposals as well as electing the initial model of governance, the Illuvinati Council.

Liquidity Mining:
Here, you will gain more ILV. This will increase your voting power in governance & increase your share of vault distributions.

Vault Distributions:
When you stake ILV, you share in Illuvium's success and earn a passive income of additional ILV, funded through in-game purchases and fees. Vault distributions will only be available once the game and Illuvidex are launched.

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

timber ore
#

good thing is, we have some big VC behind this

#

so i dont see them selling alot

#

but you also have smaller investors

#

but who knows

#

its all a guessing game

#

but 12 months lock is risky af to me

elfin coral
#

Game will be out then too, maybe a bad time to sell

twilit junco
#

Pre Seed 500k, Seed 1,5m, team 1,5m from total of 10m. According to the tokenomics article.

timber ore
#

its a good discussion point:) 1 year is far away anyways

#

so roughly 20-30%

#

thats significant

#

thanks for that, ill sleep on my strategy and decide what to do then

#

true, so many factors

#

really

#

its hard to decide

#

what to do

elfin coral
#

Wen faq

#

Only 40h till eom

severe breach
#

Overthinking makes u go the wrong way

next surge
#

Just hold

#

3-5yrs

severe breach
#

My money in crypto are not for quick flipping

#

So whatever the market sentiment will be.. don't matter

vagrant valve
next surge
#

Fuck regulations

severe breach
vagrant valve
#

im expecting a lot of crypto projects to drop off in 2023

#

thats just me tho

severe breach
severe breach
#

I like what you doing here Ami...when we moving to ILV bunker?

#

😁

vagrant valve
#

i think stagflation / inflation / and deflation will all happen

#

We should be good until 2023

next surge
#

So ur saying sell it all before 2023

severe breach
#

Lol no

next surge
#

Good cos i aint doing that anyway

vagrant valve
next surge
#

Yeah more lockdowns and everyone is stuck inside playing ILV for a living

#

Dont see anything affecting this project badly

vagrant valve
#

ILV is a really good project. But i can tell that some people that are only invested in ILV may have blinders on, to the rest of the market.

#

Just want everyone in this community to do well 🙂

trail knot
vagrant valve
twilit junco
#

Even if I'd consider selling, in Germany I would have to pay 42% taxes on my profits. Since I most likely intend to move to something like Portugal in 12-18 months and could sell there with 0% taxes, that alone is enough for me to stake 12 months since I'm not selling before that no matter what any way (ignoring the fact that I ultimately want to hodl much longer in the first place)

vagrant valve
#

taxes. Digital ID. things of that sort

severe breach
# trail knot why 2023?

2022 will be a decisive y in hard regulations worldwide for crypto..so makes it only natural that 2023 will be the implementation year

#

It looks like that anyway

vagrant valve
#

i agree it does seem that way

severe breach
#

No country ..maybe except the Saudi..will be left as a safe heaven probably

vagrant valve
#

I was only throwing that out there as another thing to think of for locking tokens and HODLing for 3-5 years

twilit junco
#

Valid input for sure, yeah

trail knot
vagrant valve
#

well biden said 2023 all people in the U.S. invested in crypto will have to report every transaction over 10k from any wallet to wallet. The IRS is hiring about a 100k people just for crypto.

next surge
#

Lmfao

#

Freaks

vagrant valve
#

They are preparing. Any one that has done KYC the Govs of the world will try to track you

fierce vine
#

Literally dump millions into making sure us normal people can’t get rich from investing.

next surge
#

We can before 2023

#

2 whole years

fierce vine
#

Yeah hopefully hit a nice bear to accumulate and bull to sell off before then:D or just constant ilv pump.

next surge
#

60-80%

vagrant valve
#

I think it might. especially after the stimulus checks

next surge
#

Lmfao

#

Thats ridiculous

#

They can kiss arse im never paying shit

#

I hate governments

vagrant valve
next surge
#

Not really

#

Happens anyway with benefits

#

Circumstances changed

severe breach
vagrant valve
#

not benefits but paying people and printing trillions

vagrant valve
next surge
#

No because the fiat system has always been a scam

junior charm
#

if you gift crypto to your wife do you pay tax?

#

or mum

next surge
#

What if you bought on MM

fierce vine
#

So totally unrelated to any tax issues I heard blank wallet had a cool innovative idea 😄

#

Good question. Either way it’s a very early technology that could hopefully be used for staking in 2023. I haven’t looked that into it. But you could maybe use a few wallets like a vpn to route your transactions through the wallets into a final wallet that stakes

red geyser
#

But I mean transactions to a wallet to another wallet to another can still be followed fairly easily on ethereum network

elfin coral
#

Moving to a new wallet doesn't really help

#

Dont avoid taxes

vagrant valve
red geyser
fierce vine
#

Just kidding I’m out of this one lol.

red geyser
#

Lol I see you

severe breach
#

So y US is bad when it comes to that

vagrant valve
red geyser
#

And it’s gone…

next surge
#

Boot the IRS insider

severe breach
tame solar
#

Or this is the supercycle

#

and they sell on a 40% dump and it just stays up

severe breach
#

Not everything...some of it will be real at some point😁

#

But the thought exercise yeah

#

I mean realistically we have to all agree is not going to be a grey area for much longer

quick spindle
#

Seriously... how do other servers go on without having this at the top right of their member list...

#

I'll go to another server to say a few things and glance up there and...

#

A few more minutes go by and anxiety starts kicking in like... WTF IS GWEI AT RIGHT NOW?! Then I come back to our discord and all is peaceful again

real tiger
#

We need to break out ath asap haha

hollow drum
#

Lets go haha

real tiger
#

Get out of these sub 100s

hollow drum
#

get us to 120

real tiger
#

1200

fierce vine
hollow drum
#

Oh ya sorry

real tiger
#

To late m8

fierce vine
#

Lol. Fucking banks

real tiger
#

U had ur chances 😂

hollow drum
#

I want it to chill for Matt

real tiger
#

Train left the station

inner topaz
#

Approx 7K ILV to be distributed on day one. Only 4500 token holders. How many ILV will you be farming?

fierce vine
#

2 weeks. How much more can banks prove they’re useless

severe breach
#

No don't lol😁 😅

real tiger
#

Happy that the rewards have a 1 year cliff tho

inner topaz
severe breach
#

Is rly simple tbh😁

hollow drum
#

ya Ik its wild

#

MOON

real tiger
#

Just how i like it

#

Get it to 300 and i buy an r8 and wrap it in ilv

inner topaz
tame solar
#

7k ILV in the first week ?

hollow drum
#

I think I will stake 70% and LP 30%

real tiger
hollow drum
#

Not 100% sure

tame solar
#

Day one 👀

inner topaz
#

49,721 in week one. Approx **

fierce vine
real tiger
elfin coral
#

what da faq?

tame solar
inner topaz
#

Approx 0.2 pepe_laugh

hollow drum
#

Very true

real tiger
#

Dont have 400k eth laying around to pair it xD

#

Single asset for me

tame solar
#

So kieran how many more hours till the first day

#

50, 40....4

inner topaz
#

Nice try if you were looking for emission rates on SNX pool 😄

inner topaz
real tiger
#

Dutch

elfin coral
#

nz plz

real tiger
#

The one that comes first

#

Idc

tame solar
#

thats aus lol

real tiger
#

Aus it is

elfin coral
#

nz 2h ahead 😉

real tiger
#

Nz it is

inner topaz
#

lol

hollow drum
#

Is the full circulating supply available to stake?

#

so like 680K tokens ish?

tame solar
#

you gonna buy it all wade ?

hollow drum
#

Every last one

real tiger
hollow drum
#

LMAO

elfin coral
#

sushi pool like 100k tokens

hollow drum
#

What cut % does Sushi take

real tiger
#

570 ish

tame solar
#

Goodbye sushirewards

formal oar
#

my ocd is kicking in. I need 2 more ILV to make a nice number...having hard time at this gas/price.

hollow drum
#

I need 0.09 more for 100 ILV

#

😦

formal oar
#

lololol

real tiger
#

Damn

formal oar
#

I need more than that for 100. whomp

real tiger
#

Eth to 10k this year

hollow drum
#

If I have 100, I will get 7 ILV ish if I LP? Is this correct

#

can someone check my matchs

#

for first week LP

formal oar
#

ooooooh maybe my xyz can get me to 100! dreams!

hollow drum
#

So (100/570,000)*(49,721 X 0.8)

real tiger
#

No no

#

Dont calc like that

hollow drum
#

ok ok

#

LMAO

#

im dumb

real tiger
#

Not 100% is going to stake obv

hollow drum
#

Ya fair

real tiger
#

Just wait until it is life

#

Then u can calc

hollow drum
#

ok still tho

real tiger
#

To many uknowns

hollow drum
#

based on that

#

its pre juicy even if everyone does

real tiger
#

People locking 12m have 2x weight

hollow drum
#

haha

real tiger
#

Also a variable

hollow drum
#

oh very trues

#

true

#

thanks @real tiger

real tiger
#

Np

tame solar
#

its not gonna b 100%

#

XYZ pool isnt gonna b gone

#

sushi pool prolly wont b disabled day of

#

i can imagine seeing ILV/ETH sushi pool at like 2000% APY

hollow drum
#

holy

next surge
#

Wtf

tame solar
#

Why farm sushi when you can farm ILV

hollow drum
#

thats crazy

#

I am top 500 holders thats pretty decent

#

happy with it

real tiger
#

Top 10 👀

#

Going to sleep now

#

Goodnight all

hollow drum
#

goodnight! thanks for everything

tame solar
#

Careful the holders doesn’t account for staking in xyz I think

hollow drum
#

Ahhh

hollow drum
#

like, If I LP theres a good chance that itll be more than 7 ILV in the first week then?

#

from 100 ILV tokens LP

severe breach
#

he meant the holders list u see now is not real ...as most of the "big-ish ones" are still in XYZ

hollow drum
#

ya Ik that

rain thorn
#

Okay got another bag, LFG .

hollow drum
#

but in general

severe breach
#

and every1 will move over when our yf is live

hollow drum
#

Ya for sure

severe breach
#

well in term of rewards that is less not more

hollow drum
#

Just still figuring out my strategy

hollow drum
#

Haha

near pier
#

What day is it in Australia

hollow drum
inner topaz
#

Not the end of the month day

hollow drum
#

ahah

elfin coral
#

😦

hollow drum
#

😦

inner topaz
#

To claim as ILV or sILV? question

severe breach
#

scarcity 😁

inner topaz
#

Every sILV that is claimed means one less ILV potentially circulating around the world

inner topaz
#

but do they?

#

What to do if 2m are claimed as sILV, 20% less total supply?! So many what ifs! Bullish

hollow drum
#

Big bull

sage falcon
#

I don't know what I'd do. If I could just use ETH I might always just claim ILV

sage falcon
#

Compound into the ground

oblique slate
hollow drum
#

Good call

elfin coral
#

So you either claim to locked ilv or claim to silv?

#

But it's fixed once done

sage falcon
#

that is the thing to do if I have time to clock into the game

hollow drum
#

impermanent_loss = 2 * sqrt(price_ratio) / (1+price_ratio) — 1, is this correct for all pools?

inner topaz
#

Should be illegal

sage falcon
#

I'll have to budget my game time and claim just enough for my schedule

slate tinsel
#

ILV is my portfolios best performer since the crash at only 12% down... my next best is 40% down.

elfin coral
#

Looks like I'm gonna have to play a lot of hours

sage falcon
#

oh boy, but wait

elfin coral
#

It's prob locked to your account tho

hollow drum
#

Ill help Ami

#

hah

sage falcon
#

shouldn't we do something like that though?

#

sILV could be given to a fund or something?

#

have we talked about that?

#

"Scholarship" or something.

hollow drum
#

^^ im down 😉

sage falcon
#

Basically we could decentralize the hiring of 100+ farmers

#

because people will do that

elfin coral
#

pretty sure any silv wont be transferrable

#

cause then it would be tradeable too which would be bad

sage falcon
#

oh! is sILV non-transferable?

twilit talon
#

🥰🤗

#

I am ready to play, I'm not getting any younger 😢

elfin coral
#

prob need a faq, but i dont see how it could be transferable

hollow drum
#

Cant wait!

twilit talon
#

🙌 🥳

#

I went back and looked when I first got here and it was the first of Apr. Wish I was here from day one 😋

#

☺️

quick spindle
sage falcon
#

where can I read more about sILV?

#

it seems like I need to understand that a bit better

#

John 3:16?

#

ah, so it's not in whitepaper. I was searching and scrolling there

#

Okay so sILV will be on IMX layer, as an alternative for ETH in-game

hollow drum
#

Ledger is here

#

I am ready to rock

#

how do I make sure its legit

sage falcon
#

sILV will be far better to use in-game because no fees

hollow drum
#

everything checks out so far

livid marten
#

just to understand you guys are discussing staking that will soon go live or a live staking reward system?

hollow drum
#

packaging looked fine

sage falcon
#

unless IMX ETH is useable in game (unknown)

inner topaz
#

So yes, theoretically, you could set up scholars with sILV yield

#

Although, we will come up with something better than scholarships. I don't want my twitter to be filled with scholarship requests

hybrid finch
#

but sir

sage falcon
#

Yeah this could be a cool decentralized system, where you have f2p, p2e

#

but it's more of a club, or something you gain access to

#

but it wouldn't be the same as using your own account. Maybe this is where rentals comes in

inner topaz
#

It will be tied into lending somehow, and needs to be available to anyone looking to play. I'm thinking of how someone can generate collateral without having any to begin with. Perhaps time becomes collateral

livid marten
#

reminds me of the kings avatar guild system where you earned guild points by contributing and could use those to rent gear and stuff, would be different here ofc but similar

hearty veldt
#

would be great to have automated marketplace, where you can just take out whatever you want and is on offer, and the supplier can set terms, of minimum yield, earnings ratio etc. and if after so much time you didn't manage to get minimum yield your access is simply revoked

sage falcon
#

Well think of it this way, it could be less rewarding than someone who is paying to play

#

but if someoone has no income, they might want to play under this program for a time

hearty veldt
#

though it would kinda create perverse incentives for players to try their best to meet the expected yield set by the supplier

inner topaz
#

Building human bots already

hearty veldt
#

I am thinking, if you supply the Illuviums and shards to travel, then you can set expectations and then you can offer it, and with time you could also create track records for players so that players who farm effectively have a better chance of finding suppliers, or as a supplier you set minimum for track record

inner topaz
#

There is no killing in Illuvium

rain thorn
#

Fainting. 👀

hearty veldt
#

I mean he could effectively kill it by not catching it I suppose?

#

well, it wouldn't be taken out of overall supply

quick spindle
#

Oof. Is there a log/history of all encounters your hunter goes through? So you can see what your acolyte effed up on?

rain thorn
#

Lol you confused me.

inner topaz
hearty veldt
elfin coral
#

sILV will only be on immutable x?

sage falcon
#

wait, sponsored players cull supply from the game?

#

is that the idea?

inner topaz
hearty veldt
#

if they catch Luvi's sure?

elfin coral
#

so it will be trading then...

sage falcon
inner topaz
sage falcon
#

it adds fomo

#

not sure if good or bad, also developers won't have much control over culling pace

#

a delicate balance for sure

#

almost like an asymetric player base

#

I kind of dig the chaos

hearty veldt
#

I wonder if it is ever gonna be possible to deal with human bots and excessive farming in these kinda games. Depending on the rewards, people will go to variable lengths to get them. Would be great if the 'scholarship' program or whatever it is gonna look like, would still ensure the enjoy-ability of the game for the players using it.

hearty veldt
#

I think luvi's becoming rare is gonna be pretty unlikely unless someone really comes in big and corners the market

rich terrace
#

That system is one of the first I changed. You need to defeat the Illuvial in order to catch. Long as you can win the battle then you have a chance

hearty veldt
#

most of the money is probably going into the special skins and perfect stats luvi's

sage falcon
#

as player base grows and illuvials are caught, having a way to burn them is essential for stabilizing the economy

rich terrace
#

And even shard use doesn't cause immediate failure. It just has a chance for an Illuvial to escape

hearty veldt
#

I mean there will be a limit to how rare luvi's can be if they wanna keep low barrier to entry for ranked arena

#

the F2P aspect could really help in this regard

#

so they know the basic systems, then you can just create a document with main principles of catching higher luvi and let people read that before going out wasting your shards

inner topaz
#

They are tied to a bonding curve, meaning that it becomes increasingly rare to encounter it every time one is caught

hearty veldt
#

what is that?

sage falcon
#

and if F2P is used to balance P2P economy, that's pretty cool

hearty veldt
#

ah, I see, I remember reading about that

#

will the team put out numbers of how many total luvi's there are for each luvi?

inner topaz
#

Plus, its a timed bonding curve. Meaning, eventually, the time runs out, and with it, the Illuvials

#

Enter: Second set. Bye, Bye genesis set

calm arrow
hearty veldt
#

how does this tie into ranked arena though, will there eventually be a 'standard' mode were only the newest Luvi's are eligible as older luvi's prices rise too much?

rich terrace
inner topaz
#

Only when one has been caught does it become rarer @calm arrow

calm arrow
inner topaz
hearty veldt
#

gotta catch them all!

tame solar
#

does your bonding curve change if you have 10 players playing vs 100k players?

#

or its just based on captures

hearty veldt
#

thought dark holo's look exquisitely rare, kinda funny how bonding curve will infuence prices, since usually first few are sold the highest, then prices drop, but eventually bonding curve kicks in and prices might rise again

sage falcon
#

I was assuming some kind of capital input

#

rewards could scale from that pool

sage falcon
#

then you could have f2p, p2e, but variable rewards that effect supply

rich terrace
#

I don't see why we wouldn't want to do that. Might not be an on release thing

sage falcon
#

I may be making zero sense. Some idea forming. I just was thinking how people would be motivated to hire farmers and thought why not make it an incentive of the ecosystem to ward off centralization of capital/assets

hearty veldt
#

this bonding curve does sound like the EV is gonna be significantly higher in first few days/weeks compared to later

rich terrace
#

But also significantly harder to play initially

hearty veldt
sage falcon
rich terrace
#

You won't have highly leveled illuvials, won't have the best gear/comps/strategy

hearty veldt
#

ah right, yea that makes sense

severe breach
rich terrace
hearty veldt
#

yea, that makes sense, just, eventually it seems like you know what to do, but I guess luvi levels will be a big factor

rich terrace
#

But at the start? 💯

hearty veldt
#

man gonna be exciting, gonna be like the wild west

rich terrace
#

People will get greedy and push into higher regions they can't handle with their teams

hearty veldt
#

yea.. I bet

#

might be one of those people 😒

vagrant valve
rich terrace
#

They'll come across illuvials they don't know and screw up positioning and get wiped

#

Ect

hearty veldt
#

yea, wiki will be important

#

it feels good to be part of the community, that will give us all significant edge I reckon

#

sharing experience

rich terrace
#

But if you're better than other players? Even if you lose you'll come out ahead

hearty veldt
#

and tactics

rich terrace
#

Because it's a fully player driven economy

hearty veldt
#

do Luvi's gain xp in ranked?

rich terrace
hearty veldt
#

would be neat, that way I could play my favorite mode while grinding xp for better catching rates

lofty knoll
#

@inner topaz fuck free to earn. You can't pay to play, stay with the free stuff.

#

Gonna be invaded by sHoLaRsHiPs

#

Fuck that

hybrid finch
#

my councilman

hearty veldt
timber ore
#

is not weak hands

#

lmao

lofty knoll
red geyser
lofty knoll
#

Losing your revenue distribution

#

Whats the tldr

#

You guys are talky today jeez

sage falcon
# lofty knoll Gonna be invaded by sHoLaRsHiPs

that sounds awful, yeah I don't think anyone likes that idea. I was thinking more of an asymetric play. Like you choose f2p you are only playing for the value provided by people who put sILV into the pool

rich terrace
#

Are you Aaron?!

hearty veldt
#

So Ben.. you like Pizza?

red geyser
#

Haha 😂

rich terrace
#

Have we cracked the mystery Cc

lofty knoll
#

Bro

#

That would be mad

rich terrace
hearty veldt
#

haha 😄

red geyser
#

Not possible.

lofty knoll
#

But no since I saw both faces

vagrant valve
inner topaz
hearty veldt
#

eh, it's gonna be exciting finding out myself anyway, part of the fun

#

What kinda indications can we expect to know when our team is appropriately leveled? Or is this just solely based on trial and error?

red geyser
#

I just have some ideas of how it could work. Nothing solid. I love the ideas behind the affinities and classes. That’s my basis for planning at this point.

hearty veldt
#

I think knowing attacks from Luvi is probably gonna be the biggest thing, make sure you do everything to negate as much of their attack effectiveness as you can, counter their type, put something in place to distract them and have something to deal damage

inner topaz
hearty veldt
#

to go into certain regions

#

and catch the Luvi who can be found there

inner topaz
hearty veldt
#

haha yea alright

rich terrace
#

Knowledge is power

stiff estuary
#

Surely each region will contain both lower tier and higher tier Lubis right?

rich terrace
#

And it's no fun if we kiddie proof it

inner topaz
#

There will be no notification telling you that your team is ready to enter Crimson Waste :p

#

You just gotta risk it to get the biscuit. Hence Ben's comment. Which isn't applicable

hearty veldt
#

I think to be realistic, the information is gonna get out rather quickly I assume and every sane person would read about recommended levels before spending money to travel, at least that's what I would do

inner topaz
#

Well Matt was going to build a Wiki but then we stole him

hearty veldt
#

but ofc at firs that information isn't there

#

dangit

inner topaz
#

Jeremy was going to build one too but Delphi stole him

hearty veldt
#

Matt we need you!

inner topaz
#

Basically, start building a wiki and you will be hired

#

Thats the lesson here

fierce vine
#

You already got me 😄 just in the sim instead of wiki

hearty veldt
#

I have my faith in Ami

fierce vine
#

I do have the site still paid for like 8 months if someone wants to take over

inner topaz
hearty veldt
#

I am no good with computers except playing games sadly

#

but will be sure to contribute once game is live

fierce vine