💬〕general

[next surge]

Btc back at ATH

= ILV at $300-500

[strange wharf]

https://cdn.discordapp.com/emojis/778157357125206016.gif?v=1

[next surge]

[rain thorn]

https://tenor.com/view/illuvium-ilv-illuviumio-spirit-bomb-dbz-gif-22291687

[thorn plover]

https://tenor.com/view/illuvium-ilv-illuviumio-yield-farming-compounding-interest-gif-22210108

[next surge]

[velvet tide]

good

[past flume]

I reckon more man

Way more

[next surge]

Prob

[past flume]

1b was a piece of cake

250m marketcap is like 500

😏

[wind forge]

It's still one year? I was sure it was less already?

[past flume]

From July 1st

Next year

Everything unlocks

Slowly

[twilit junco]

No. Team and Seed tokens unlock End of March linear for 12 months.

[past flume]

😣

[wind forge]

Ye this is that I thought

[hexed haven]

It acquires the trading fees. The trading fees go to the pool and the LP tokens represent a share of the pool. That's my understanding at least.

[humble wave]

It's still a year. Starting from March 2021-March 2022 😁

[nimble coyote]

what we will gonna use to purchase the Illuvium pets/monsters? ETH or ILV?

[humble wave]

The marketplace currency is always ETH. You use sILV and/or ETH in game.

[velvet tide]

ETH will be primary currency if i am not mistaken

[thorn plover]

Eth is king

[humble wave]

King is ETH

[calm arrow]

To clarify, it's eth or sILV to pay in game costs, you don't need any ILV if you don't want

[thorn plover]

The king is dead long live the king

[humble wave]

Yeah. ILV is just a governance token. Not used in game

[nimble coyote]

so what is the ILV to purchase for? maybe make a wild guess if dont really know

[humble wave]

U stake it and you can claim sILV as reward

[thorn plover]

For good gains hopefully and future RevDis

[calm arrow]

Imagine ILV like shares in a company. You get profits and votes on the game direction

[humble wave]

What a boring Sunday 😫

[calm arrow]

I'm on holiday and it's too hot to enjoy. Truly first world problems

[humble wave]

Haha. We're on an 11-day holiday too. But it's just too boring and got as you said

[nimble coyote]

Maybe you need ILV for Evolutions

[calm arrow]

Atm that's not the plan. ILV will be used as a governance token for all games the team makes

[nimble coyote]

and ETH for purchasing like pokeballs something like that

[humble wave]

Doesn't really matter. What matters is “YOU NEED ILV TO LIVE” NFA 😜 it's the new O2

[twilit junco]

!ILV

[tidal garnet]

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

[calm arrow]

Purchases will happen on imx, which is a layer 2 dealing in eth. ILV is layer 1, so I think there would be big barriers to making it required for an in game fee

[sage falcon]

sounds fishy, scammy .. ^^

[lofty knoll]

Yo.

[thorn plover]

Yo

https://tenor.com/view/yo-yo-yo-yoyo-toy-gif-16274226

?

[turbid grotto]

Hi guys

[velvet tide]

thats law

[velvet tide]

Looks interesting

[humble wave]

“Very”and “obvious” in the same sentence makes it even more conspicuous 😁

[thorn plover]

SUS

[humble wave]

The first yellow card. Next one is kick out 😁

[twilit junco]

Got another dumper now. 3,5k $ILV already. Haven't figured out yet though where they come from. Checked the wallet after the last two sales already and there were no ILV in the wallet at that time. Gotta check where they come from
https://etherscan.io/address/0xdef1c0ded9bec7f1a1670819833240f027b25eff

[rain thorn]

It was staked maybe

[humble wave]

Where did all these whales come from

[twilit junco]

Also, over 630k transactions. Is that even still human? 😄

[humble wave]

The moment ILV hits 110 they dump thousands lol. Where did they even come from? And why should they even spend so much money on a low cap gem if they wanna dump it fast lol

[vernal vale]

trader probably

not sure why u guys sound quite stressed about it

pretty common right?

[twilit junco]

No substantial ILV left on that wallet. Let's hope that was it then 🙂

[humble wave]

No one is stressed. It's just speculation. Kinda fun

Plain and simple

[twilit junco]

Why does everyone think we are stressed just because whale dumping etc is discussed here? 🙂 This is pure hype engagement. If there were other topics to discuss in regards to ILV, trust me, that would happen 🙂 Also, some of us don't get the selling.

[viscid mist]

I'll buy it when goes 95ish again 🤑

[thorn plover]

https://tenor.com/view/survivor-jeff-probst-tribe-gif-5473072

[strange wharf]

https://cdn.discordapp.com/emojis/778157357125206016.gif?v=1

[twilit junco]

Ah, and two digits in price looks sad. So having us drop below $100 the 4th time in 2-3 days because of a single whale dumping just sucks. I like my three digits. For now at least. Gotta be 4 eventually 😄

[vernal vale]

maybe i'm misinterpreting it lol

[humble wave]

Interesting to know what whales think. We have some here that are super diamond and truly support the project and they will make their wealth unknown Xes. It's just surprising why would a whale dump diamond like this. Because it's not even taking or if it when you end up selling ALL of the tokens at what...not even a 2x

[vernal vale]

i would assume its just tied to the broader market selling off

[white lotus]

Morning lads and lasses

[vernal vale]

seems like ilv basically moves the same direction as all the other gaming crypto atm

nothing to do with the project (hopefully)

[white lotus]

Did all the other crypto games 3x in the last couple weeks.

[twilit junco]

Pretty sure that some of those whales dumped because they know absolutely nothing about the project. I mean, the last one dumping 20k seemed to not even have staked. Do you know what 20k ILV in the first two weeks of staking (even flexible in single pool) would have meant? That was free money wasted there.

[white lotus]

?

[humble wave]

It's tied to ETH mostly. The long term is different. It's the accumulation phase not taking profit phase now

[vernal vale]

a lot saw at least double yeah

[humble wave]

Exactly. I wonder what makes whales whales. Beside the money 😁

[vernal vale]

yeah the staking is pretty sick

kinda hope they continue to ignore that for a while haha

[velvet tide]

Yeah some people just dump into 100 projects but cant follow them at all, such a bad way of investing lol

[vernal vale]

i dunno, i think it makes some sense though doesnt it

e.g. you like the blockchain gaming idea, but you don't know which game is gonna come out on top

so you buy a basket, and if any of them moons you win

[rose summit]

https://tenor.com/view/elmer-sheep-thumbs-up-like-approved-gif-10765417

[twilit junco]

20k ILV is not "a basket". If I'm that heavily in, I at least check the announcements channel 🙂

[velvet tide]

sell after 2x, not gonna make it lol

[vernal vale]

depends whos making the investment haha

[velvet tide]

why even allocate 20k ILV if you wanna sell after 2x

seems so inefficient

[vernal vale]

maybe they had the initial batch?

¯_(ツ)_/¯

wasnt the first batch of coins given for 1 dollar or something

[rose summit]

Seems like they saw ILV trend on coingecko and bought it

[twilit junco]

You mean cheap seed tokens? They are locked until end of march next year. No selling there.

[vernal vale]

ah

not sure then

[velvet tide]

They would still be vesting

[twilit junco]

Also, they unlock linear over 12 months. No one-time dump risk either

[rose summit]

Then sell immediately lol.

[vernal vale]

yea hard to say

[velvet tide]

lol, this dude trades 6k ILV at once, wtf

thats like 3% slippage at least

[vernal vale]

regardless if it dips to a point u feel its undervalued just another opportunity to pick up more

[velvet tide]

very inefficient execution

[humble wave]

The whale is literally selling the bottom Lol

[vernal vale]

still think it is really early though, the price trend will probably depend on the upcoming beta/trailers/listing on exchanges

[velvet tide]

I tried to buy with little impact and moved price 2% buying a few k of ILV, and i bought in smaller batches

but this dude seems crazy af, maybe just want to burn money

[past jay]

When ILV lists on exchanges I wonder what that will mean for the sushi LP token

[strange wharf]

https://media.discordapp.net/attachments/833483263917948958/859514477635567616/image0-1-1-1.gif

[spiral dust]

Who wants to watch space jam: new legacy dm me

[velvet tide]

nothing, I expect exchagnes to have problem to get ILV supply. And exchanges do not offer a 500% APY on your ILV

[humble wave]

People would just buy on exchanges and move it to their wallet and use it for staking. Most at least. There's no point keeping them in exchange wallet

[velvet tide]

With 500% APY, IL doesnt even matter. after 2 months you almost doubled your invested ILV/ETH

[vernal vale]

oh u guys are all doing the ilv/eth staking?

i just did the single ilv staking

[humble wave]

I'm in single

[limber venture]

Me single too

core

[vernal vale]

had some awful experiences with impermanent loss

[humble wave]

I want it slow and steady. Not a great risk taker lol. 😁

[past jay]

I was thinking of the impact it would have on IL if nobody is using sushi to get their ILV when it launches on exchanges, but you're probably right that by that point the yield has covered the IL

[drifting mason]

Any date for the release if this game ? 😄

[humble wave]

Q4 (probably December )

[limber venture]

Q4

[velvet tide]

i analyzed both pools, I went 70% in ILV/ETH pool, I think it will take a bit to reach a high player size. so might as well get paid extra for waiting. it depends on your investment thesis and time horizon. But a minoruty does lock up for a year which i think gives me actually an edge as i get a higher percentage of the overall supply

[harsh plaza]

This week sometime you'll really see the 'bottom'

[velvet tide]

it doesnt really matter if you have a longterm approach

[humble wave]

Anything under 100 for me is to buy. So it already is the bottom 😁 and that guy sold there...

[velvet tide]

this game hasnt even launched a closed beta. everyone selling now is just a shortterm speculator, which is fine, but the real amazing returns in crypt come from investing over a longer timeframe

[drifting mason]

ILV still too high anyone already bought some ?

[harsh plaza]

Well the 'longtermers' may use that information to buy more

[humble wave]

Expensive? For a 70M MC $100 is nothing

We sneeze and we're at $200 lol

[velvet tide]

yeah exactly

[lofty knoll]

https://tenor.com/view/umm-confused-blinking-okay-white-guy-blinking-gif-7513882

[humble wave]

I was waiting for Rah to act on the message. Nice timing 😂

[lofty knoll]

ILV to 5000 ser.

[harsh plaza]

thus making it matter

[velvet tide]

i mean if AXS reaches 5 billion marketcap with a broken game, then how high can ILV go

[velvet tide]

of course it matters

[humble wave]

The sky is the limit. Besides axie players are coming to ILV so...just a matter of time before they all turn coat

[drifting mason]

How can you say that its broken game ? AXS too much hype now I dont know what will happen on that xD

[velvet tide]

And I think money spent on Illuvium will be a lot higher than on Axie

[restive terrace]

Hi, do you think this game can run on mac? 😂

[past jay]

I'm wary of comparing axie playerbase, I think a significant amount of them aren't playing for fun or for any kind of gaming purpose really

[lofty knoll]

Cause it's broken. Ponzy + physical servers

lmao

[humble wave]

Ofc. Especially since you're getting it back if you stake. It's truly a free game

[velvet tide]

Because I actually play it, gotta do your research in this market. They have server problems, the game is litterally unplayable right now

[vernal vale]

yea, a bunch of people are angsty about it

[lofty knoll]

Yes

[vernal vale]

spent money on axies and now cant even play it to generate slp

[drifting mason]

Is it real ponzi ?

[restive terrace]

When is the eta release of this game? 🙂

[lofty knoll]

Their economy model is ponzi

[drifting mason]

Why ?

[vernal vale]

servers lagging too hard or something

[lofty knoll]

Late Q4

[velvet tide]

Yeah i mean even ingame. I expect the whole economice around the game to be way more exciting than axie.axie feels like a chore. Grind SLP, breed Axie and sell, repeat

[drifting mason]

I think so thats why they are hyping more xD

[restive terrace]

Thank you 🙂

[woeful iron]

I didnt realize there are seasons for the market

[velvet tide]

they have massive server issues

[restive terrace]

One last thing, where can I research more about illuvium? 🙂

Aside from its website

[drifting mason]

Defi pet and binamon also good ? IM planning to invest there

[humble wave]

Yeah. Well u can simply see that number by comparing the number of core contributors

[velvet tide]

I mean at some point it has to crash. If you do not get any outside value into the game

[past jay]

From what I understand,a lot of axie players just want the low-effort drip feed of SLP, they're not looking for a game, let alone a fun one. So can't count on them wanting to play illuvium even if it is a 100x better quality game

[lofty knoll]

No

[vernal vale]

yeah as soon as the new joiners slow, the axie value will crash, slp demand falls and also crashes

[restive terrace]

Thank you 🙂

[vernal vale]

but they can get around it with other methods

[modest pelican]

in the age of infinitely scaling aws or google cloud servers and load balancers, their scaling problems confused me. they should have the capital to spin up more servers as load increases

[humble wave]

There are two. Altcoin and Bitcoin. They move in opposing direction. Though ILV might (we're hoping ) be bear resistant and have its own market

[vernal vale]

artificial ways to keep your money in the system

[velvet tide]

Yeah, also open source approach of ILV will be unbeatable. Cant beat community input

[drifting mason]

Can you tell me why wahts your oppinion on it?

[velvet tide]

I am so sorry for your famili. No SLP sponsored Wagyu dinner anymore

[humble wave]

Just compare them. (thank you @blissful bay )

#💬〕general message

[vernal vale]

eh u guys joke but i heard some cases where some people took out loans to buy axies to start farming slp

[lofty knoll]

Lol their ScHoLaRsHiP channel is like 2 messages per second of begging with a 6 hours slowmode

[vernal vale]

those people are pretty screwed

and in a pandemic where they lost their jobs already, kinda sucks for them

[modest pelican]

people taking out loans to plow into investments (crypto, gaming, or otherwise) is nothing new

[velvet tide]

Thats actually a big part of my thesis for ILV. Gaming will be completely outside the traditional bull/bear cycle. I actuallly think bears are good for ILV. In a bear makret there is no easy money so people might as well move to a fun crypto game

[drifting mason]

Yeah many people did XD

[velvet tide]

thats what we saw with AXS now too

[humble wave]

Yep. That was exactly the point and why ILV will have its own market

[woeful iron]

Do you think taking out loans to invest is too high of a risk?

[vernal vale]

its born of desperation

a lot of them tried to get the scholarships but were told to wait or w/e

[humble wave]

Ah I don't think anyone can answer that but you. It's all NFA.

[velvet tide]

looking forward to the bearmarket in 2023 when ILV will make me disgustingly rich lol

[vernal vale]

then they hear their friends making a lot of money or w/e

[lofty knoll]

That's a form of leverage. Use at your own risk.

For ILV i'd take a 50M loan today NFA

[velvet tide]

with RevDis i wont be able to count the money i will be amking every day

[woeful iron]

What does NFA mean

[past jay]

I don't think taking loans to invest is wise for a retail investor

[humble wave]

OMG imagine everyone is Rekt and you play and are rich lol

[vernal vale]

yea i wouldnt take loans to invest

[drifting mason]

Who invested on AXS here ?

[vernal vale]

do you have a massive bag of ILV or something

[humble wave]

None financial advice. Means you have to decide what is good for you. We're here to help you with the information.

[velvet tide]

I would actually wish for bearmarkets instead of dealing with bullmarket stress 😄

[vernal vale]

kinda curious how much a reasonable estimate for the revdis would be in the case of a successful game

[lofty knoll]

[humble wave]

Bear and bull are just worlds of manipulation. ILV is adverting from both.

[warm moon]

in some countries, this is actually true.. some had become too dependent on it.. but theyll find a way somehow.. no one is dying just cuz a game dont work..

[velvet tide]

Me? Not relative to my whole portfolio. But I invested a nice house into ILV

[lofty knoll]

10$/token/week

[velvet tide]

Yeah: ILV you just win

[modest pelican]

in many or most cases yes, but a lot of defi whales got where they’re at by taking out loans and buying/farming a project early.
fortunes are made by betting the farm on one or two concentrated bets, not by spraying and praying. the difficult part is knowing for certain you’ve made the right bet and the conviction to stick with it for years to see it through

[humble wave]

This prediction just makes my heart wanna stop 😂

[humble wave]

Everything is pointing up. So I don't see why not 😁

[humble wave]

Show off 😁

[lofty knoll]

Yep I borrowed a lot and went all in on ILV

we are going to make it

[vernal vale]

well lets hope u guys are right

[velvet tide]

The amount of money i would be brinting would be absolutely criminal

[lofty knoll]

its happening

[vernal vale]

i assume u bought when it was cheap though right

like 30 or w/e

[humble wave]

I've for a shrimp like me it'll be hilariously insane to get $10 per token per WEEK

[velvet tide]

I am doing alright, been here since 2016, but not one of those mega whales. I got rugged too often 😄

[tame solar]

So the whale is completely out ?

[humble wave]

A house in ILV is pretty whale-ish to me 😁 I also invested about 1/5 year of my salary but not a house lol

[lofty knoll]

Average around 50

Biggest at 43

[velvet tide]

The amzing thing is, when you achieve something like 5$ per token per month, you actually increase the contributors to the project. People can quit their jobs and work on something they are psssionate about

[vernal vale]

nice

i got here too late i guess

bought at the very top

then bought a bit more when it hit 100

[humble wave]

Yep. I would be one of those ppl

[velvet tide]

I mean a house can cost 40k or 4million so its a pretty broad range

[warm moon]

thats true, and some lost the money.. some were successful, but you wont see the failing ones mainstream..

[humble wave]

With 40k you can buy 3 houses where I live so....😎

[pseudo steeple]

https://etherscan.io/address/0x7aff56718b462d80781b73a1ab50da22fbc66531 - this dude dumped over 12k ILV bought during TGE. He has 0 token left.

[lofty knoll]

Never too late with ILV

I'm always buyin

[sage falcon]

Stupid whale is out , now we can back 100$ 💸

[pseudo steeple]

BTFD

its a time.

[lofty knoll]

https://tenor.com/view/the-big-short-smell-money-smell-money-gif-21062780

[vernal vale]

honestly speaking, i'd add more but i kinda need to see some gameplay footage first

[humble wave]

He LITERALLY sold the bottom

[vernal vale]

i think the art and stuff looks great, concept sounds good, but would like to see something more concrete i guess

[velvet tide]

oh damn, which continent are you from?

[woeful iron]

facts

[humble wave]

Istanbul

[formal oar]

but did you see the UI leaks?

[velvet tide]

nice

[formal oar]

🤤

[vernal vale]

nope, have a link?

i only saw the autobattler board

[woeful iron]

No where?

[humble wave]

So. What you did was pretty whale-ish to me 😁

[velvet tide]

Every ILV bought before Beta release is a great buy

[formal oar]

#🚰〕leaks message

[lofty knoll]

It's called convictions. This is where the money is made. Investing before everyone else sees it

[woeful iron]

I saw the UI renders but not actual UI

[sterile wing]

thanks everyone in this community for the help. excited to play this! got some ILV

[velvet tide]

Yeah i guess its all relative

[vernal vale]

ah yeah saw that

looks pretty good

[lofty knoll]

https://tenor.com/view/now-youre-rich-ben-rickert-brad-pitt-the-big-short-now-you-have-money-gif-20321890

[woeful iron]

those are artworks, might be artist renders

not actually ingame UI

[velvet tide]

We all are, welcome to the squad

[vernal vale]

im more curious of the other aspect of the game though

[sterile wing]

hahahah

[vernal vale]

the rpg/illuvial catching

[woeful iron]

Not yet atleast

[formal oar]

incorrect.

[woeful iron]

it says on it

"These are work in progress with temporary artworks, but you get the idea!"

[humble wave]

Buy ILV
Stake ILV
Multiply ILV (reduce avg)
Get sILV
Get your money back through RevDis
Earn ETH
Stake again and repeat.

Never F-ing SELLING

[formal oar]

I take that to mean the Illuvial artworks, not the UI it's self.

[lofty knoll]

https://tenor.com/view/illuvium-ilv-gif-22175170

[vernal vale]

well regardless, gotta see a functioning game first

to really go super hard

for most investors

[velvet tide]

Thats the plan to financial independence. Imagine somemone in school told you you will be able to retire by playing a game lol

[lofty knoll]

If you are with the most, you are already too late

https://tenor.com/view/feel-me-think-about-it-meme-gif-7715402

[vernal vale]

thats why i invested a small bag already

😆

[lofty knoll]

Goood

[vernal vale]

though its already down like 15%

dont care though

staked

[lofty knoll]

meh it'll be like +50% tomorrow.. when you are in for the 5+ years ride the price is irrelevant

[velvet tide]

this is just a blip in the future chart

[lofty knoll]

token amount is the only relevant point

[vernal vale]

yeah, and the staking yields are wild right now

i imagine it must go down dramatically once more people get in

[velvet tide]

to be exact the perecentage of the whole supply you own

[vernal vale]

so i'm glad to get the ball rolling already

[formal oar]

hey guys, didnt VN post more UI leaks somewhere...like pieces? I can't find them.

[humble wave]

Look at this. It already happened

#💬〕general message

[lofty knoll]

#🚰〕leaks message

[formal oar]

Thank youuuu

[velvet tide]

haha, damn. soon he will help you grind up that Illuvium account

[humble wave]

I guess so. He'll do that with his grand children as well (if any) 😁

[velvet tide]

sounds like the dream

[humble wave]

It is definitely mine 😁

[quick spindle]

Oh man.... that's so... sweet 😭

[humble wave]

Haha thx. I was speechless to hear the father confession 😁

[twilit junco]

This! People need to remember that a major part (if not the majority of) gamers won't care about what $ILV is in price. They will see an amazing game. They will realize they actually own their items and can trade them for monetary value. They will spend even more compared to traditional gaming. Any staked $ILV holders will reap the benefits due to 100% revenue share. The entire investment part in terms of $ILV itself in regards to price, that's a whole new layer. One that I'm highly confident about. But tons of money as revenue (and thus distributed to token holders) will come regardless of $ILV is at $100 or $1.000.

[velvet tide]

My future son can retire as a millionaire at graduation when he starts playing Illuvium in school 😄

[lofty knoll]

Also the 1M tokens distributed in game

[humble wave]

Never fuckin selling

[lofty knoll]

[vernal vale]

theres only 10 mil max supply right?

[humble wave]

I doubt I'll send mine to school 😁

[twilit junco]

Minus every single sILV claimed. Currently 7xx or so.

[velvet tide]

No traditional game will be able to compete with that. And they cannot just copy the token model, because that will be a regulatory clusterfuck. Either youre decentralized or the SEC comes knocking on your door

[vernal vale]

yeah in that case, if the game is successful, honestly going above 1k wouldnt be surprising at all

[humble wave]

ILV is gonna make people rich whether they are aware or not. This is what governments won't like lol

[velvet tide]

1k would only be like a 10 billion marketcap. This game is revolutionary. I mean which student will not play it. Imagine making more playing Illuvium than ashitty side job

[humble wave]

Or a shitty job not even a side one

[twilit junco]

Also, the team is already committed to more than one game. There won't be any new tokens though. All projects of this DAO will be run by $ILV and all revenue of all games will be distributed to those max 10m tokens.

[velvet tide]

period, hahaha

[velvet tide]

exactly, this will be a whole gaming ecosystem

not just a single game

[humble wave]

And yet the whale dumped 20k ILV. That's why we think he didn't even know what he missed out on lol

[velvet tide]

this is GTA Part one to Part five plus LoL and WoW

[velvet tide]

He will buy back once he read about ILV on every online gaming magazine lol, but he will have to pay a lot more than 100 bucks for one ILV

[humble wave]

We have people from Rockstars, so pretty sure we might see GTA there 😁

[harsh plaza]

ILV goes insane, devs buy their own continents and retire, then they're be noone to make new games? 😆

[humble wave]

Yep yep yep. True

[vernal vale]

how are we funding development of new games after the ilv is all distributed?

[humble wave]

Some are not in it for the money. Ofc they know they'll be rich. Heck they are even rich now. It's the matter of making a name and keep it on TOP

[harsh plaza]

It was only satire 🙂

[humble wave]

Haha. I know 😁 just wanted to throw in my opinion 😜

[velvet tide]

There will be a community of millionaire that wants to become billionaires, so they build the game out further, making the young generation rich and the cycle repeats. never ending

[harsh plaza]

tax free ilv, you better make that a law

[humble wave]

Hmmm. That would be nice. ILV fs the government, DeFi fs the banks and we f our employers 😂

[velvet tide]

I mean if we have enough players we can put pressure on global politics, hahaha imagine

[humble wave]

Now we need to start giving out loans to dominate none gamers too 😜

[velvet tide]

hahahahha, shitt. you have my vote. national currency will be ILV

[twilit junco]

I don't know what the total sum of the balancer sale was but with 650k tokens sold between $40 and $140 I think, the treasury has a lot of depth. When we were around $40m market cap or so, Kieran mentioned that the DAOs liquidity was even higher than our MC. So at least for now, I'm not worried about funding.

[humble wave]

What do you think about this:

ILV gives out loans to token holders who have staked this ILV. Unless you pay back the loan you cannot unstake. Why not? 🤔

Plain and simple. 😁

[velvet tide]

Yeah and by then i would imagine that the project generates quite a bit of revenue

[twilit junco]

Revenue cannot fund new games to my understanding. Revenue is distributed 100% to staked $ILV holders.

[velvet tide]

I mean if they only can borrow up to 50% of ILV value then it might work out

[humble wave]

What if another token is used like synthetic ILV? Not ILV itself. Something peged to $

[formal forum]

when will we know if private beta started

is that on testnet or main?

[velvet tide]

Yeah sure but if governance still holds some ILV then they dont have to sell ILV, only the ILV they get from RevDis

perpetual development

I I pray every day to get into the private beta

[lofty knoll]

The treasury will stake and receive revenue distribution

[rich zinc]

why is illuvium going up?

[lofty knoll]

So funding will never be a problem

[velvet tide]

it would increase the usecase of ILV as collateral. Can spend money ingame without selling ILV

[humble wave]

If you withdraw, you'll lose the 2x weight. U don't wanna do that if you can take out a loan and pay back through RevDis

[velvet tide]

why ist it up even higher? thats the real question

[quick spindle]

Question is now... why not up more?

[lofty knoll]

Never realizing the gainz. No tax.

[twilit junco]

The 1.5m tokens in the treasury will remain there, right? For RevDis?

[humble wave]

Maybe. Just wanted to know your ideas. Is that really workable?

[lofty knoll]

They will stake as soon as they are unlocked. So they will get revenue distribution yes

[twilit junco]

Up? We just went down to $95 after a few whales dumped the last 2-3 days. We are still so underpriced 😄

[velvet tide]

i think such a loan feature has lower priority but maybe would be a nice feature in the future

[rich zinc]

why do you think ILV is valuable? what does it do?

[twilit junco]

!ILV

[tidal garnet]

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

[humble wave]

I'd think so too. Was think long about it for quite some time actually

[rich zinc]

when is the game coming out?

[humble wave]

Haha. This is me being alone in house thinking about things 😁 loan just popped up

[quick spindle]

Closed beta this quarter! Open beta/game launch in Q4 (end of year) 🙂

[lofty knoll]

With the connections Kieran has with the DEFI world it is highly doable. But later on haha

[humble wave]

That's what makes ILV special

[velvet tide]

the question is what will it do? it will give you access to the revenue of a revolutiuonary game that is paying players to play. you can figure out yourself how many players will be attracted by that worldwide and what kind of economic value will be generated. advertisers will pay to sponsor lands. they will bring in money from the outside and player will become disgustingly rich

[humble wave]

Thx for the support. Ideas always prevail. Esp in ILV where it is boundless

[lofty knoll]

Yea I talked about this with quite a few people.

[rich zinc]

so can i stake my ILV?

[velvet tide]

yes

[harsh plaza]

That's a date im certainly aware of

[humble wave]

If it comes from you guys it will definitely happen one day

[velvet tide]

right now the game is not live, so doesnt generate revenue yet, but there will be a closed beta in summer and end of year there will be an open beta, at that point the game will generate revenue and players will make money

[lofty knoll]

Or minigame before

[twilit junco]

Pre-sales (Mystery, mini-game and possible land sale) MIGHT generate revenue as well also. I haven't seen anything definitive about that yet and in my opinion it should count as revenue.

[humble wave]

@lofty knoll imagine doing something similar to Alchemix with the difference that your loan is paid through RevDis. It can be even faster that YF through Yearn Finance

[velvet tide]

unlock madness?

[lofty knoll]

It will certainly yes.

[rich zinc]

how does any of this generate revenue?

[velvet tide]

yeah true, there will be a minigame coming out soon, thats when more eyes will look towards ILV

[lofty knoll]

Of course. That's what I was thinking

[velvet tide]

right now is the best chance to get your hands on some ILV

[humble wave]

https://tenor.com/view/einstein-smart-think-thinking-idea-gif-13060822

[rich zinc]

does anyone stake?

this seems great

[quick spindle]

Ugh, but then the sidenote about sILV possibly being available to use (pending discussion and votes, of course)... might take a chunk out of that, right?
Regardless, can't wait to see Aaron's proposal!

[harsh plaza]

The beginning of it, yea

[lofty knoll]

https://tenor.com/view/thanos-infinity-war-everything-avengers-gif-14066494

[rich zinc]

i'm confused about different staking methods

[velvet tide]

locked up for 1 year

[twilit junco]

Gaming is a over $100b market. Traditional gaming that is. Imagine what people will be willing to spend when owning their assets.

[lofty knoll]

Normally sundays are really quiet and gas is low... what is happening hahaha

[rich zinc]

tell me more about staking. do you have to lock for 1 year

[humble wave]

The opposite 😁

[twilit junco]

It will only come, if it gets approved. To be expected, but just as clarification. So far, nothing is carved in stone 🙂

[rich zinc]

i'm gonna fucking ape in

[velvet tide]

yeah true, Will be interesting who will sell and who will stake. especially the VCs. All the stakers now will not have a big impact considering the supply VCs have

[quick spindle]

I've decided to get some work done since I've got a ton to do before Tuesday. So now I'm actually at my computer haha 🙂

OH that reminds me!!

[lofty knoll]

https://tenor.com/view/the-big-short-smell-money-smell-money-gif-21062780

[velvet tide]

Yeah i know. but what i heard so far from Kieran it looks really good

[rich zinc]

when did staking open?

i've been holding ILV and not staking...

[humble wave]

July 1st

[velvet tide]

2 weeks ago

[rich zinc]

ok so i didn't miss out for months

just 2 weeks

[humble wave]

And shit ton on APY but it’s still juicy 😜

[twilit junco]

Yes, use of sILV would reduce revenue from sales BUT it would increase price of $ILV and any revenue shares of yours long-term 🙂 Also, I do like the idea to offer sILV as payment option for the dedicated members here who went all-in to support the project and otherwise might not have funds to buy at the pre-sale(s).

[velvet tide]

Then get them in right now. you dont have to lock up. Get them in the flexible lock up and figure out yourr longterm strategy

[rich zinc]

ok but if I do lock, then I can't get them back right?

has anyone tried locking for a week

[humble wave]

If you do for 52 weeks, no

[harsh plaza]

Yea it won't affect me too much as i do things different to most in here, but in-case i change my plans i need to make a mental note of that date

[velvet tide]

Yeah i agree. sILV would send a nice signal to ILV holders and the ones who want to become Holders

[twilit junco]

True, but when it comes to this decision, that's not for Kieran to decide. The beauty of a DAO 🙂 (although I personally am very confident when it comes to decisions made by Kieran, Aaron and the rest of the team).

[velvet tide]

Just swing trading or holding 5years+?

[humble wave]

Chat moves so fast my eyes miss out 😂

[velvet tide]

Yeah thats the beauty of a decentralized protocol

[warm moon]

i remembered before, it was really hard to sell an account/character or whatnot related to gaming as there seems no intrinsic value to them.. usually young noobs or hardcore gamers would purchase such..

[velvet tide]

yeah its crazy right now lol. user count shooting up hehe

[harsh plaza]

Mixture of several, i guess swing trading would most define it (rotating between eth & btc) then layering out when the market looks toppy

[humble wave]

the fastest, busiest and coolest community EVER

[twilit junco]

Well, I've been a hardcore MMO player for almost a decade and I've sold my accounts for high three-figure prices and more even 20 years ago 😄

[velvet tide]

I think many traditional games will come under pressure. they might have to incorporate ILV assets to tap into the Illuvium gaming community

this will be massive

[quick spindle]

Truth. And I shouldn't have used "Ugh" given I'm pretty in favor of the sILV use in this case. Maybe more like... "Ahh" 😄
Just wanted to ensure that was thrown into the mix though

[velvet tide]

Ok yeah, makes sense

[twilit junco]

The market is big enough for many players to make a killing. I don't expect Illuvium to be some kind of special snowflake no one ever will get close to. But I do expect it to lead the charge when it comes to disrupting the traditional gaming industry and through that (and its tokenomics, team, ...) remain successful and competitive for years to come.

[warm moon]

that would be a good idea..

[rich zinc]

fuck it i'm staking for a year

how much does the APY go down?

[velvet tide]

yeah thats how i see it too. but the fact that it is open on the blockchain means that other games can incorporate some assets from ILV and attract new players that way. I think games will be all connected in the future. trade a CSGO skin for an Illuvial

[quick spindle]

Right? It's insane to think a disruption is not imminent given the size and reputation of those on this team.
90+ members and growing!

[twilit junco]

Congratulation 🙂 APY evolution is impossible to predict but there is 3% decline every two weeks and claimed rewards from all pools are staked in single ILV pool too, contributing to a decline. It has been somewhat stable the last few days though.

[velvet tide]

welcome to the one year club

[rich zinc]

what do you mean by "claimed rewards from all pools are staked in single ILV pool too"

[vernal vale]

ah my eyes

[modest pelican]

wish we got a year club promo nft

[twilit junco]

Rewards from staking pile up until manually claimed. Claimed rewards are locked and vested for 12 months, and automatically staked in the single ILV pool with a weight of 2.0. Compounding!

[vernal vale]

😆

[velvet tide]

your rwards will be lokced for a year, but you will bet yield on top of it. So you get yield on top of yield

[velvet tide]

that would be really cool. just give me a rare illuvial 😄

[rich zinc]

how long are the claimed rewards locked?

[modest pelican]

I'd be happy for anything but that'd be cool too

[twilit junco]

As I wrote in the answer you just replied to - 12 months 🙂

[velvet tide]

yeah thats nice

[rich zinc]

so this is the long term game right?

[twilit junco]

The entire tokenomics and team are built to surpass blizzard kind of numbers long-term

!bliz

[tidal garnet]

In 2020 Activision Blizzard's annual revenue was 8,000,000,000.00 USD. At the time of writing this, their Market Cap is 73 Billion With a small dividend yield of 0.50 percent. When a gamer holding ILV buys something in game, they know it goes back into buying more ILV VIA the vault. At the time of writing this ILV's Market Cap is only 45,000,000 USD. You can enjoy getting in before more whales migrate to our ocean.

[velvet tide]

yes sir

[twilit junco]

Also, we are at $95 due to the dumping. Someone wanted to buy in here. Not sure how much further it will go down. NFA

[velvet tide]

this is financial advice

[lofty knoll]

https://tenor.com/view/this-is-the-way-mandalorian-this-is-the-way-intensifies-gif-16048235

[twilit junco]

I'm gonna dissect here 😄

• Also, we are at $95 due to the dumping. <= FACT
• Someone wanted to buy in here. <= FACT
• Not sure how much further it will go down. <= MY opinion
• NFA <= CORRECT!

https://tenor.com/view/vince-staples-fax-it-do-be-facts-tho-its-the-truth-gif-16329641

[rich zinc]

so i can't actually claim the rewards until July 18, 2022?

[velvet tide]

The only thing i can read there is BUY, this is financial advice

[twilit junco]

Your staking rewards pile up with every block. You can claim whenever you want to and think gas fees are worth it. From the moment you claim, those rewards are locked for 12 months and staked automatically.

[velvet tide]

you can claim every day if you want to. you have to see what makes sense for you with the gas prices

but unstaking yeah one year from now

[quick spindle]

You can't withdraw until 7/18/2022 if you claim rewards today.

[rich zinc]

now i'm confused lol

so the rewards also get locked up

[velvet tide]

yes

[rich zinc]

and they get unlocked 1 yr from when you claimed?

[velvet tide]

from the day you claim they will get locked up 1 year

[rich zinc]

cool

[velvet tide]

it is

[quick spindle]

While the rewards are "locked," they are staked in the ILV-only Core Pool with a weight of 2.0 and getting the APY from that pool 🙂

[twilit junco]

Yes. You might wanna look at the tokenomics: https://medium.com/illuvium/9-tokenomics-launchpad-and-reward-details-5894c3b356be

Also, as mentioned, the entire project is set up for long-term disruption of the gaming industry and has several layers (like the locked rewards) to protect it from manipulation, dumping, etc.

[quick spindle]

Also, many of the answers to your questions have been here in the Liquidity Mining article for ILV: https://medium.com/illuvium/29-governance-yield-farming-and-vault-distribution-faq-7327ae7eb507 @rich zinc Check it out when you get the chance! 😄

[velvet tide]

Thats a very good article

[rain thorn]

Can I join ?

[velvet tide]

if you are in the one year club youre welcome hehe

[thorn plover]

So many big sales I'm surprised the price won't dip below 95
Let's goooooo 50

Lol

[rain thorn]

Actually, I'm in the 3 years club.

[velvet tide]

damn where can i joint that lock up

[thorn plover]

If it hits 60 I'll dump my whole load the mystery sale be damned 😂

[rain thorn]

I mean not selling any for 3 years hehe

[velvet tide]

ah ok

[lofty knoll]

I wouldn't skip the mystery sale

[velvet tide]

gonna make a ton of money

[rain thorn]

I have 2 eth sitting there sir 🖐️

[lofty knoll]

You'll like it

[thorn plover]

Okay. Saving $1200 back. Got 4 more today
Guess what?

https://tenor.com/view/mr-bean-weird-face-raised-eyebrow-smiling-gif-14339432

69 total ILV now 😎

[lofty knoll]

https://tenor.com/view/gollum-laughing-lotr-whahaha-gif-11296000

[rain thorn]

You have insider info 👀

[tidal garnet]

The Illuvium team is made of world class talent, experts and leaders in their field. From Hollywood, having key roles in movies like The Transformers, Avengers, Guardians of the Galaxies, Godzilla, Iron Man and Ready Player One... To name a few.

In gaming: Illuvium team members had key roles in League of Legends, Bioshock, The Last of Us and many more.
In advertising: Sony Entertainment, Pepsi, Toyota and many other world renowned entities.
In business: High quality business executives with combined 50+ years of company ownership and operation.

The team produces high quality content faster than most studios.

[quick spindle]

🧐

[velvet tide]

Is it m limited? Is the price known already?

can you use it ingame?

[lofty knoll]

https://tenor.com/view/unsure-neither-confirm-nor-deny-i-dont-know-not-sure-gif-17847219

[thorn plover]

Man, reading back through some of Kierans interviews and older articles just gets me more excited :P

https://tenor.com/view/willy-wonka-gene-wilder-gif-5926782

[velvet tide]

where you find these

[lofty knoll]

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

[thorn plover]

The dark web. Had to buy monero

😂

I found a screen cap of baby rah last night too :P

Only problem is the info is all outdated

[rain thorn]

Don't tell me it's a nft trait project 😂

[quick spindle]

It's going to be so fun looking back on these interviews a few years from now, that's for sure.
And now I wonder how Kieran and Aaron are going to age over the years...

[rain thorn]

2 eth will be enough ? 👀

[twilit junco]

If only more people would do so. Would clean up the discord in a way impossible to describe 😄 I mean, I've even watched/listened to the available AMAs/Interviews with Kieran, Aaron etc before asking stuff here ^^

[lofty knoll]

When mods were almost same color as normies lol

I was like wth is that

[thorn plover]

🤷‍♂️
Google.
Most of it was old. Best info is all here and probably Twitter. Go scroll Kierans Twitter

[eager karma]

Please stop. I'm already on the one year club after discovering Illuvium a week ago. And the more I get to know about the project, the more I want to throw at it.

[lofty knoll]

https://tenor.com/view/this-is-the-way-mandalorian-this-is-the-way-intensifies-gif-16048235

[thorn plover]

Way more than I have so hopefully 😂

[twilit junco]

https://tenor.com/view/wolf-of-wall-street-jordan-belfort-leonardo-di-caprio-one-of-us-jonah-hill-gif-5441859

[rain thorn]

Like everyone else here.
When I first came in I thought to invest 500$ - After a few days and some chatting with @lofty knoll I went all in.

Best decision ever.

[lofty knoll]

https://tenor.com/view/now-youre-rich-ben-rickert-brad-pitt-the-big-short-now-you-have-money-gif-20321890

[quick spindle]

Hehe I've come to find that many of us have broken the initial boundaries we set for ourselves regarding our ILV investment.
For very good reasons though...

🙌

[velvet tide]

damn nice

[rain thorn]

Just look at that... LOOOOKKKKK 👀

I even love the font of the text on the top left corner.

[quick spindle]

lol

[velvet tide]

damn i might go allin too

[thorn plover]

Initial $750 was when it was @ $50
Wish I'd dumped the whole truck.
But to be fair I only had the wheels at the time. The rest of it was still stuck in my TFSA 😂

[humble wave]

Banks are closed today. Tomorrow I'll do so too

[velvet tide]

same

[rain thorn]

When I decided to go all in it was 80$, I couldn't gather all the money in time but eventually when I got it price was 44$, Lucky me 😁

[humble wave]

Put another house in

[rain thorn]

and then I sold all of my crypto and got in at like 60

[lofty knoll]

https://tenor.com/view/on-a-mission-mission-travel-backpacking-serious-gif-13555871

[velvet tide]

hahaha, might put a penthouse in

[humble wave]

Yeah. This will be my first buy above 75. I started 75 and bout every dip. Lol

[eager karma]

Well I started with that amount too when it was $99, and after a week I aped in. But it may not be enough I see...

[twilit junco]

$100 while higher than ATL of course is still an amazing entry.

[humble wave]

https://tenor.com/view/thewolfofwallstreet-trailer-more-neverenough-gluttony-gif-3530673

[lofty knoll]

Never enough

[eager karma]

This is the first farming that made sense to me.

[quick spindle]

"Enough" is relative to your own situation. I feel you should invest what you can afford to lose but you're free to make your own choices!
And yeah as Rah said, regardless of how much we put in, I think we all want more 😄

[humble wave]

It'll even make more sense when RevDis starts flowing in

[twilit junco]

This is the first blockchain game that makes sense (if the goal is to really disrupt traditional gaming) 🙂

[eager karma]

True

[velvet tide]

100%

[fiery frigate]

wooh what is this?

[eager karma]

My Eth2.0 validator already made more than what I've invested in Illuvium, so there's a couple more ETH that I can afford to lose... 😆

[fiery frigate]

this looks lit @rain thorn

[rain thorn]

The future son, the future.

[fiery frigate]

is this the game?

[rain thorn]

Yup

[fiery frigate]

Can't wait

how to play that hahaha

[rain thorn]

Exactly

It's THE game.

[fiery frigate]

Illuvium?

[rain thorn]

Yup.

[fiery frigate]

Damn its on fireee

🔥🔥🔥🔥

[quick spindle]

Just a screenshot of some of the holo Illuvials in-game 😄 No big deal.

😛

[fiery frigate]

is it some type of enemy? hahaha

[eager karma]

Revenue distribution?

[humble wave]

Yep

[quick spindle]

Nah, those look to me like Stage 3 Illuvials that you can own and battle with!

[fiery frigate]

Wish it is play to earn

like we earn a type of token like axie

[velvet tide]

damn nice

[tidal garnet]

You begin our game with a free-to-play experience that immerses you in our richly-detailed world, lets you enjoy some action, and helps you understand how the game works. The free-to-play experience will familiarize you with Illuvium, and won’t feel like an “abridged” version of the game. It is a full-fledged gameplay experience, so you can decide to opt in to the paid experience and start collecting NFTs, and delve into deeper adventures to explore the mysteries of the game.

[fiery frigate]

WOOOH

I love it

😍😍😍

[twilit junco]

You can also earn ETH in lot's of ways (although most require you to put some money in first in order to travel to higher rarity regions etc).

[fiery frigate]

can't wait for this to be released

[lusty wind]

after 3hrs of reading. finally at the present chat. time to sleep and read again tomorrow haha so much ideas.

[turbid grotto]

Hello

[lofty knoll]

Just to be clear : it is not free to earn

[turbid grotto]

Yes

[fiery frigate]

I do hope it's freaking huge

yes sir

it can only be played on pc?

[twilit junco]

At launch, yes. But mobile is planned to follow.

[humble wave]

And the best community

[quick spindle]

Can't emphasize this enough! I was a bit of a lost puppy stumbling through ICOs and other "promising" projects in which the communication within Telegram communities was just very limited and just not that helpful. Experienced my fair share of pump and dumps. Stumbling upon Illuvium with its prominent members who actually engage in conversation and help steer newbies... all within an awesome Discord setup helps make it feel like "home."

[humble wave]

You spoke my heart 🙂

[woeful iron]

Facts, this is a great community

[humble wave]

Glad you liked it. The contributors and developers are working on the project, we as a community can help them by providing knowledge and help other people who are joining and will be joining in greater numbers in the future. Look at it as a team work. As a community we can help and spread the word of how great this project can be. It's not about us getting rich, it's also about everyone else find a nice spot to educate themselves and also make money and lead a happier life.

[velvet tide]

100%

[fleet temple]

Hello Discord Citizens

[warm moon]

i wanna cri. 🥴

[humble wave]

We'll be there to hug you 🤗

[red crater]

hello all

this will be the biggest play to earn game ever

[humble wave]

Hey bro. Hey @red crater 😁

[red crater]

sup Arash-san

[woeful iron]

I gained so much knowledge here where I was able to educate myself and people were willing to teach me, I always wanted to get into crypto but I could never find a good community, aways shady discord servers trying to sell you something

[hollow drum]

Facts

[velvet tide]

up only

[humble wave]

Nothing really. Doing some calculations how much more I can invest before my landlord kicks me out 😁

[fleet temple]

Learned somewhere that if I say I'm a girl then followed with 'uwu' someone will donate me NFTs or ILV. Is it true?

[velvet tide]

hahaha, becoming homeless to go all in ILV

[humble wave]

Nope. No ILV donation at all.

[humble wave]

That's what my latest investment would look like. Since it's his money I'm about to put in 😂

[quick spindle]

Nope.

[velvet tide]

haha,,damn

[fiery frigate]

Hi guys, is this the first project game?

[warm moon]

ahahhha.. hilarious..

[red crater]

of the team?. Yes

[humble wave]

Yep. Staking was the first step

[fiery frigate]

of the game studio?

[red crater]

yes

[quick spindle]

Illuvium is the first game being developed.
Plans of more to come afterwards though.
Also there are talks of a mini-game possibly getting developed and released before Illuvium! 🙂

[velvet tide]

it will be an ecosystem of many games

[fiery frigate]

wooh so there are still other projects to come

I love it

[red crater]

I'm curious about the first big tournament in Illuvium. How much the winner will receive

[fiery frigate]

So the game studio's name is Illuvium?

[red crater]

we should have like a yearly Illuvium World Championship

the game studio and also the name of the first game being developed yes

[humble wave]

That is a very good idea. Fighting the ladder. Like a world cup

[velvet tide]

that would be big

[red crater]

for example first ranked 64 players of the world battle it out

in a bracket system

or first 128

rank 1 vs rank 128 etc

rank 2 vs rank 127

[fleet temple]

they should include a VR tournament with holographic projection of illuvials ^_^

[woeful iron]

illuvium world championship could have some sport betting mechanism like i've seen some games use

[red crater]

for sure. there is a wagering/betting ssystem INSIDE illuvium

[twilit junco]

You can already wager inside the Leviathan Arena, so it is included.

[woeful iron]

Very interesting, I thought I read that but wasnt positive

[twilit junco]

Exact specifics still need to be announced but somehow it is in, yeah.

[woeful iron]

What has been announced regarding betting so far

[velvet tide]

damn that would be really big

more revenue

[woeful iron]

a lot more revenue

If the game launches amazingly and becomes mainstream, e-sports would generate a lot of revenue

[fleet temple]

gotta catch em all

[velvet tide]

i will

[woeful iron]

But the game has to be able to break out of the circle of the crypto ecosphere and into maintstream

Because a lot of console gamers don't understand a lot about crypto so

Its not a common thing in the mainstream

for E-Sports anyways

[fleet temple]

just hope they lower the ingame action's fees

[woeful iron]

what are action fees

[fleet temple]

Travel Fee = $10
Avg. Curing Fee = $20

[woeful iron]

True

!f2p

[tidal garnet]

🚫 ✧ ℭ𝔯𝔬𝔫𝔞 ✧, you can't use that.

You begin our game with a free-to-play experience that immerses you in our richly-detailed world, lets you enjoy some action, and helps you understand how the game works. The free-to-play experience will familiarize you with Illuvium, and won’t feel like an “abridged” version of the game. It is a full-fledged gameplay experience, so you can decide to opt in to the paid experience and start collecting NFTs, and delve into deeper adventures to explore the mysteries of the game.

[woeful iron]

thank you

[fleet temple]

another concern,, I hope the battle action doesn't just include all the illuvials slapping each other,,, it would be cool if some have medium-long range normal attacks.

[woeful iron]

They have classes

[fleet temple]

oopsie my bad,,, discord newbie here...

[velvet tide]

give me moooree

[quick spindle]

All good! You'll see soon enough 😄
There are plenty of different classes/affinities... so there will be short range, long range, different elements, etc.
It's going to be gooooood!

[twilit junco]

Fees have not been confirmed yet.

[velvet tide]

haha yea same

[woeful iron]

What is the number of affinities in the game

besides the base 5

[fleet temple]

wanna ask.. can I fuse two different illuvials?

[calm arrow]

I've been here for ages, and this was my concern too. The more I learned the more impressed I got. There are multiple rounds of combat, decks of 30 cards, the ability to deploy your hunter as different affinities directly to the battlefield to counter opponent's actions. So while we don't know specifics of gameplay I've been impressed with the team's choices

[fleet temple]

i mean same exact monster fused with one another

[twilit junco]

I don't think there is more than this part from the whitepaper and the fact that "Dust" has been mentioned as well already:

"The origins of Illuvials themselves is a mystery, but so is their affinity to the elements of this alien world. Illuvials connect predominantly with one of 5 elements: Water, Fire, Earth, Air and Nature. The most powerful Ascended form affinities with two elements (Frost = Air + Water), or a stronger bond with a single element (Inferno = Fire + Fire). Make sure your team is strategically chosen. Your Archeleon might be strong with its Overgrowth Affinity (Nature + Nature), but in combat with an Inferno Illuvial they will be at a severe disadvantage so choose wisely."

[velvet tide]

that sounds reall y really good

[fleet temple]

i'll go ahead and devour everything before asking a question... me such a bother 😋

[thorn plover]

And omg the art and sound.... Like f.
Soooooo good

[velvet tide]

I love to see my rewards tick up every 5 min hehe

the best feeling

[thorn plover]

Heh, +0.01

[hollow drum]

https://gfycat.com/clevervioletallosaurus

[formal oar]

Ugh I love that vid Jeff.

[full dome]

i'm pretty happy with it

unfortunately she doesnt sing about ethereum, so i had to find a song where she at least rhymed

"i crack your teeth" worked, lul

lol i tried but it sounded so bad

also i am decent at video editing, audio...well...😅

[velvet tide]

+1 hehe

[velvet tide]

Damn thats fire

[quick spindle]

Hmmm... now I'm thinking of that Queen song.... "I want to break free.....I want to break free!!"
I think there could be something there 🤔

[full dome]

if VN gives us some leaks about our illuvials trapped inside the shards....

[quick spindle]

Truueeeee

[velvet tide]

that would fit pretty well

[quick spindle]

I was thinking more along the lines of that rhyming you mentioned haha

"I want to make ETH"

[full dome]

oh!

[quick spindle]

"I want to take ETH"

BUT much easier if the lyrics don't need to be tampered with, I assume!

[velvet tide]

these things will go viral, nice

[full dome]

super true, but it's a good excuse for me to learn another potentially worthless skill so i'm all for it LOL

[velvet tide]

hahaha, I learned so many useless skills in python, lol. Spending 5 hours to find some obscure stat about a random shitcoin

[full dome]

this. i first taught myself python(and server/database stuff) to analyze EVE online market data...which then got me my first IT job lol

[woeful iron]

Do you guys do work in the software development field?

[full dome]

used to, i've transcended(descended?) into the data/BI dev world

[woeful iron]

I am a PHP backend developer, technically by role but im trained full stack with php & javascript

[hybrid finch]

its embarassing jeff is not core contriubtor yet

[woeful iron]

I'm going to learn how to make Dapps soon

I also feel like Dapps would look better as dApps

[hybrid finch]

meme lord is official position in some projects

im not even joking, get this man on board

one meme going viral is all it takes 😂

[woeful iron]

meme makers are similar to marketers in that sense

[hybrid finch]

its modern day marketer

big impact

[woeful iron]

making use of influencers with the memes will result in people thinking its popular so more people would join

[patent beacon]

Illuvium needs better memes that are relatable. We must create quality memes here, decide on the best and post them on Reddit.

This is the way.

[full dome]

better memes?

[woeful iron]

also having one of the YT influencers illuvium work with make a video reacting to memes with those included

[humble wave]

The have the dopest memes all thanks to Jeff

[lofty knoll]

https://tenor.com/view/ouch-hurt-feelings-gif-9860104

[woeful iron]

Software devs tend to like crypto

[brisk pagoda]

https://www.reddit.com/r/illuviumio/ official subreddit btw. made this week so not much there yet tho

[quick spindle]

I haven't been following... but didn't we already have a subreddit? 😅

[formal oar]

https://tenor.com/view/illuvium-ilv-illuviumio-yield-farming-yield-farm-gif-22316428

[idle terrace]

Yeah there’s always been one, it’s just not very active

[brisk pagoda]

it's unofficial

[idle terrace]

Oh I see.

[quick spindle]

Yeah, I take it maybe we'll have some more control over this new one then

[brisk pagoda]

the admin isn't very collab friendly if you get what I mean

[quick spindle]

Sweeeet, definitely going to bookmark this new one then!

[formal oar]

Does not compute. How is this not relatable? I feel like this everyday.

[vagrant valve]

I like this one

[quick spindle]

Annnnd joined!

https://tenor.com/view/herewego-joker-darkknight-batman-heathledger-gif-5215603

[brisk pagoda]

top ten sub lol

[thorn plover]

https://tenor.com/view/illuvium-ilv-illuviumio-spirit-bomb-dbz-gif-22291687

[full dome]

https://gfycat.com/parallelthankfulambushbug

[formal oar]

https://tenor.com/view/illuvium-ilv-illuviumio-yield-farming-yield-farm-gif-22324807

[humble wave]

I hate it that whenever I open Tweeter there is a post from Bitboy, MMcrypto or MoonCarl....i don't even follow them and yet they are all over the place.

[woeful iron]

Probably because of twitters recommended for you algorithm

I think their algorithm is busted

[humble wave]

Big time. They have formed a gang and each one repeats the content every single time and now all have tried advertising in F1. AND It's all over the place. I'd rather die now.

[woeful iron]

i like to watch videos on vitalik buterin

but hes probably about the only crypto people i watch besides educational videos

[humble wave]

Satoshi Staker, Coin Bureou are the only two I follow atm

[woeful iron]

ill look them. up

[lofty knoll]

TylerS TA is on point and he is funny. Never shilling anything

[humble wave]

We have already partnered up with Satoshi Stacker

[humble wave]

Funny? Like you laugh when he TAs? 😁

[lofty knoll]

Yea haha

[humble wave]

I'll give it a shot. Maybe I'll finish Sunday with a laughter than hatred towards Bitboy or MMcrypto

[woeful iron]

Who is TylerS TA

[lofty knoll]

Just TylerS

[woeful iron]

tyler tarot?

[lofty knoll]

https://www.youtube.com/channel/UCgBQ6YsN4oUTjbAvIwCFLog

[woeful iron]

Go it thanks

youtubes search was busted

Filled with anything but Tyler S lol

Eric andre, tyler the creator, and a tarrot card reader named tyler to be exactly

oh and Tyler1 from twitch

[humble wave]

Just subscribed. The opening was fun lol 😁

[woeful iron]

Yeah it looks good

[lucid stone]

Is Illuvium doing drop on Tuesday?

[quick spindle]

The Fei Partnership Mammute NFT drawing will be on Tuesday, yeah! 19:00 PST 🙂

[humble wave]

Imagine BTC at $20k and ILV at $200 😁 money moves out of BTC into ILV. A direct insult to BTC and the whales who had gone bearish.

[hollow drum]

ILV Maxi

https://tenor.com/view/australia-gif-18930796

[humble wave]

Yeah. Could be. Worth it 😁

[hollow drum]

Almost at 32500

[real tiger]

Good evening

[hollow drum]

Evening Molten

[humble wave]

God evening bro

[hollow drum]

🙏

[crisp sorrel]

Cmn btc give us that big green dildo

[real tiger]

Lets hope we get some stronger bitcoin soon lol

[hollow drum]

https://tenor.com/view/kermit-muppet-green-its-not-that-easy-gif-16886135

[humble wave]

Nah I don't think anything will happen in July regarding BTC. It's just in a long consolidation phase with lots of bearish attitude toward the market. Boring is good though. More time to buy.

[real tiger]

30 has to hold

Otherwise 24k is prob next

[humble wave]

I don't think it can hold much longer tbh. It's already boosted many times. Will it again?

[hollow drum]

https://tenor.com/view/jonah-hill-annoyed-gif-11134341

[humble wave]

On the other hand I believe the market is just taking its time. Consolidation of BTC is actually not bad for ILV to move higher.

Personally I couldn't care less what BTC will do. Not planning to hold it really and ILV needs to dettach from it as should all other greater projects

[hidden crane]

Hey all

I have ILV on one of my ETH addresses, how do I sell these ?

[hollow drum]

https://gfycat.com/clevervioletallosaurus

[hidden crane]

lol

[hollow drum]

Hold and stake

best play

[twilit talon]

you don't sell, don't you want to be rich 💰

[hidden crane]

yea looking at that too... but it looks like I swapped a ETH for these on 1inch back in April

Now all the swaps are on sushiswap....

[full dome]

errr..1 inch is an aggregator?

[native ridge]

Hey, this might be a silly question. How do I start playing?

[full dome]

when you use 1inch you are using any/all DEX

[full dome]

open beta release not until Q4

[full dome]

right?

[idle terrace]

You can sell on sushiswap

[hidden crane]

Will check out staking...

[idle terrace]

Can also join LP if you have enough ETH.

[native ridge]

Thank you. I’ll keep an eye out

[hollow drum]

https://media.giphy.com/media/quwvSo02txG8vpHDMa/giphy.gif

[humble wave]

Who's Maxi now?😂

[hollow drum]

Hehe

I am just building up the war chest

[pulsar salmon]

VN TYPING IN CHARACTER LEAKS!

ALL ABOARD THE HYPE TRAIN

What a vid lol 😂

[hollow drum]

Best one yet

[lofty knoll]

@full dome God I love Blade

HAHAHHA

Amazing work

[full dome]

who can spot the hidden illuvial

[stiff estuary]

under $100?? better buy the dip

[lofty knoll]

Hum

Hard one

[full dome]

hint: 😎

[quick spindle]

Hint?! Ain't that the answer JAFF?!

[full dome]

NO

lmao

i mean sorta tho

[hollow drum]

https://tenor.com/view/the-big-short-yes-happy-gif-21062823

[full dome]

why do you think i havent cranked out a meme in like 3 days?

[hollow drum]

https://tenor.com/view/oh-yeah-parks-and-recreation-chris-pratt-amused-woah-gif-7644619

I will never win with this level of dedication

[full dome]

mmm...30 hours? to be fair, a lot of that was reading and learning new things in AE

also unlocked a new achievement - make my 5950x and 3090 cry when i hit render

i probably could have just copied the particles

but that's lame

[full dome]

psh, 90% of meme making is a good sense of humor. you and PIKA(the OG memes right?) made some great ones already

[formal oar]

https://tenor.com/view/modern-art-paint-painting-art-artistic-gif-16539306

My meme game ^

[hollow drum]

haha

[pulsar salmon]

You meme lords will propell this community to 100k users soon

[formal oar]

Lol now I feel like that could be a nice ILV meme @jeff. You have ruined me

[full dome]

https://gfycat.com/polishedsoupycormorant

[hollow drum]

https://tenor.com/view/more-kylo-ren-adam-driver-screaming-star-wars-gif-17734637

[full dome]

every meme is a future ILV meme

i won't stop until every damn meme on tenor is illuvium'd

and i need wades and PIKAs to get me there

[hollow drum]

Teach me your ways

https://tenor.com/view/dustin-yes-my-lord-stranger-things-gif-10491663

[full dome]

https://tenor.com/view/time-to-learn-finn-jake-gif-5188235

[humble wave]

@full dome the vid was amazing. Well done. I'm still laughing lol

[hollow drum]

https://tenor.com/view/the-big-short-jacked-jacked-to-the-tits-gif-20860308

[full dome]

https://gfycat.com/ellipticaldisloyalamericancrayfish

gif version if that's your sharing method of choice

[hidden yacht]

guys im new i want to know how to star play illuvium do you have videos ?? thanks

[brisk pagoda]

!welcome the game is not released yet sir, end of Q4 is the plan

[tidal garnet]

Welcome!

Wondering where to get started and learn more? The #791148036935516161 section has all the information you need. From a brief overview to links that lead to highly detailed information. Also, be sure to check out these channels in the discord to stay up to date: 📣announcements #🚰〕leaks #✍〕rules

[hidden yacht]

Thanks ❤️

[hybrid finch]

its not the same without the music

[full dome]

agreed

[frosty kettle]

Will the illuvinati ever consider transitioning over onto the ripple network I’m seeing a lot of potential with there platform having no fees and and instant transactions.

Apparently they’re looking to take over the nft market with this too because why would anyone pay money for fees when you can do the same thing for free on ripppe

For free on the XRP ledger*

[dense quest]

Where can I learn more about this project?

Any sources you guys recommend?

[quick spindle]

Hey there! I would definitely read through the whitepaper on the website if you haven't already: https://docs.illuvium.io/ and then in #🔗〕helpful-links check out the Medium articles! Tons of info 🙂

[dense quest]

Thanks! ❤️

[lofty knoll]

Hum Gas

Please let my tx through

[sand ingot]

Hi. Is it official game release or its beta or alpha?

[brisk pagoda]

!timeline

[tidal garnet]

• Numerous partnerships with influencers throughout the
  next months
• Gameplay trailer coming soon
• Mystery Auction shortly coming soon
• Closed beta this summer
• Open Beta / launch in late Q4
• Tier 1 Centralized Exchange listings imminent, date
  unknown.

[sand ingot]

Ohh nice What currency are we gonna use for themystery auction?

[odd citrus]

bitcoin

[lofty knoll]

ETH

[odd citrus]

bitcoin

[hexed haven]

The whitepaper says they're planning to launch on Immutable X (ethereum layer2 solution) so you should see essentially no gas fees and instant transactions.

[lofty knoll]

https://tenor.com/view/sus-fry-futurama-gif-4691459

[odd citrus]

bitcoin

[quick spindle]

Not quite. Currency is ETH 🙂 But you can convert BTC to ETH before the sale!

[odd citrus]

ik it isnt im joking lol

[raw hull]

hey y'all hopefully last question from me today: during the first 3 years LPs will get 3M ILV PLUS the game revenue right? as in they stack on top of each other? yet the current APY assumes only the rewards from the 3M, even though we should start getting some revenue in Q4?

[quick spindle]

This is correct 🙂

[tame hill]

We don't have any indication of the in-game revenue, so how could they calculate that in the current APY?

[raw hull]

thank you was 99% sure but just confirming

that's dope

[tame hill]

Sounds good 🙂

[quick spindle]

Appreciate you doing your research beforehand! But yeah, never hesitate to ask questions here 🙂

[white lotus]

https://tenor.com/view/futurama-serious-stare-suspicious-gif-5319823

[raw hull]

what would be a good way to estimate rewards per token if say Illuvium is making $1m in revenue? just estimating % of circulating supply (at that time) that is being staked and dividing that by revenue? wonder if anyone has made a spreadsheet

circulating supply is given but I guess the assumption on the % being staked would be super rough esp with all the tokens getting unlocked, let alone guesses on revenue lol

[lofty knoll]

#💬〕general message

My estimate is 10$/token/week

First year

[raw hull]

do you mean all tokens or you make an assumption on how many staked?

[lofty knoll]

Of the 10M tokens

[raw hull]

that'd be wild

[cedar current]

Bought my first $ILV today!
After reading the white paper and the blog I’m very bullish on this project! Can’t wait til the game is released!

[lofty knoll]

https://tenor.com/view/the-big-short-smell-money-smell-money-gif-21062780

Welcome to the family lets goooo

[quick spindle]

https://tenor.com/view/illuvium-ilv-illuviumio-yield-farming-yield-farm-gif-22301302

[white lotus]

https://tenor.com/view/illuvium-ilv-gif-22175171

[cedar current]

Excited to spend more time in here now that I have a vested interest 😅

[raw hull]

so $100m/week which if we compare this to normal gaming would make it the biggest game in the world, not just crypto game, but the diff is that people here are spending to make money so it's not all out of pocket in the end. so really the only comp you have is Axie Infinity which I guess is hitting that $100m/week mark but during what could be seen as a peak looking back.

[lofty knoll]

Huge money will be circulating here yes

As you need to pay for different actions while playing

[raw hull]

so in that post you linked from Kieran he explains the process/money needed to catch an Illuvial but then the investment reason why someone would buy a fully formed Illuvial off the marketplace is to win rewards in tourneys and/or burn it get higher tier Illuvials right?

[lofty knoll]

Exactly

Or because they are not available to catch anymore

[raw hull]

def less circular than Axie where you're just buying Axies to make more of them

[lofty knoll]

When next generations rolls out

[earnest drift]

Morning

[next surge]

$10 per token per week ?

Thought it was like $2 per token per month

Lool

[lofty knoll]

https://tenor.com/view/rookie-numbers-matthew-mc-conaughey-wolf-of-wall-street-gif-6096185

[next surge]

[cedar current]

I think the crucial part is that some Illuvials are retired at some point

Similar to Pokémon with the different generations

[lofty knoll]

Yes they are on a bonding curve and once the generation ends, they will not be minted again. Except if the DAO decides otherwise of course.

[karmic lichen]

i hope i can catch ilv sub 100 when paycheck comes

[earnest drift]

why a paycheck

[cedar current]

Awesome. I’d be interested to see how we can get new illuvials in the universe once a DAO is in full effect

[karmic lichen]

no more "fiat i can lose and not worry" left to invest 😄

[slate tinsel]

mining fiat to buy crypto

[karmic lichen]

200 IQ idea

[native pier]

when are the winners announced for the Fei partnership?

[quick spindle]

Hey Cloud— the drawing will be at 7:00pm PST tomorrow (July 19th)! I believe it will be done in the Fei Discord but I’m sure our team will also put up an announcement in this server once it is complete 😎

[native pier]

Cheers

[quick spindle]

Hmm actually, let me see if we can get a confirmation on this. I was going off of the announcement I saw in the Fei discord which shows the drawing at 7pm PST on 7/19 in their server.

But then our announcement shows the drawing will be at 7pm PST on 7/20 in our server 🤔

Since there are 10 promo holo NFTs as well as the 100 emotes, is Fei doing their drawing first for one of those on the 19th and then we’re doing the drawing for the other on the 20th, @inner topaz ?

[timid kindle]

how can I request closed beta access? keen to get familiar!

[lofty knoll]

!beta

[tidal garnet]

The closed beta is expected in July of 2021. The process for gaining access to the closed beta will be revealed closer to those months. Until then, you can say you want access in the #795444126421483520 section

[full dome]

https://gfycat.com/glitteringgrimyamericanbittern

[rain thorn]

https://tenor.com/view/illuvium-ilv-illuviumio-yield-farming-staking-gif-22201712

[full dome]

https://gfycat.com/unimportantgargantuanamurstarfish

[rain thorn]

You are too good.

[full dome]

you're too nice!

[rain thorn]

I'll buy a gif from you.

[rain thorn]

You should mint your gifs, people here will pay alot 😂 Don't forget to tip me 👀

[earnest drift]

Thats this month

[idle terrace]

Yeah don’t think it’s coming this month haha

[earnest drift]

Anything new today guys.

How are we

[woeful iron]

Yeah ill buy an NFT of one of these memes

What is the technical term for the token that is an NFT, it’s ERC***

ERC-721

[west kraken]

Hey guys what is the ICO for $ILV?

[earnest drift]

I believe 88. Dont quote me.

[lofty knoll]

What is your question exactly?

[woeful iron]

https://cryptorank.io/ico/illuvium

[earnest drift]

There u go.

Time to check the character channels.

[woeful iron]

I believe it was an IDO not an ICO since this is a DAO

[lofty knoll]

Initial DEX Offering yea

[earnest drift]

Cool man

Any new info on flash Pool or is it end of week

[past flume]

Lmao. Did you inspect element for those digits ?

Ahh I see 50million is still coming to the price

From the 1million IDO

I guess it won’t be crazy inflation because they have actually bought at 50$ wirh 1million tokens

Not like the 3.35

500tokens

Basically getting ILV for free wirh that

[earnest drift]

I wouldnt mind some free ilv

Hahahaha

94 bucks today

[full dome]

i just edited the html and all the copied the divs around to make that plus this:

https://gfycat.com/niftyimmaculatechick

then i screengrabbed it

lol

[sage falcon]

this is

[full dome]

it's better with rihanna tbh

[strange wharf]

https://cdn.discordapp.com/emojis/778157357125206016.gif?v=1

https://media.discordapp.net/attachments/833483263917948958/859514477635567616/image0-1-1-1.gif

[idle terrace]

Not every token was sold. It was like 650k

Basically all of the circulating supply now is from the balancer sale. There was also some pre-ILV that was airdropped that has been converted to ILV and is circulating now but it was only like 15k total I think

[red geyser]

Yeah 15k

[earnest drift]

Where is everyone

quiet today

[near pier]

Calm before storm

[earnest drift]

True true

[livid marten]

waiting for eth/btc but mostly eth to bottom whenever that happens so i can buy more crypto

[lavish cape]

Hey guys. Where can I see the minimum specs requirements to play the game?

[near pier]

Not Available yet

[lavish cape]

oh ok

[earnest drift]

I heard that it won't be too of the line specs. So u should be ok.

Top