#๐ฌใgeneral
1 messages ยท Page 1106 of 1
Also all the new purchase, are just tossing it into the ILV ... and not in the LP pool.
The $144 milestone was broken in one day
Ofc you're not. The sweetest part has yet to come after the release of the mini-game ๐ let alone the game itself
$16m 24h trading volume. Still going up further.
16mil that's insane ๐
Only gonna go up over time ๐
I blinked ๐
WTF. $AXS has $7b trading volume the last 24h according to CoinGecko? That can't be true.
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Weekly Crypto Rev...
it just doesn't seem sustainable, at least, I don't understand how it could stay sustainable
Idk if pumping is from this channel. I havenโt watched it though
feels more like major pyramid-scheme
wtf are you talking about?
axs price
it just seems contingent on more and more players continuing to buy into the hype
lol fossilize was about to fite
Pretty sure it was a short squeeze
can you even short axs?
i think so
It is true
You give me $30 ILV I might ๐ I could always have more
WTF
ya you can
That's ridiculous, seriously. If that is possible for Axie and we also see them at $2.5b market cap right now, then blockchain games could blow past even my super craziest bullish dreams. People might get super rich with 100 $ILV alone if we see equal numbers for ILV and those somehow translate into equally high revenue numbers
Hi!
Will there be a play-to-earn model or only nft?
yup. that's why seeing axie so high just makes me happy
if that game can do that...bruh
Do envision $10,000 ILV now?
๐งโโ๏ธ ๐ 
Axie made $45m in revenue the last 7 days and this despite their server issues. That's $200m per month and $2.4b per year in revenue (if confirmed over that time ofc) which would already exceed the 2020 revenue of League of Legends. And this is Axie in it's current state and without mainstream adoption of crypto games yet.
This is rev dis, replace the word axie in every sentence with ILV stakeholders
THE FLIPPENING
gaming --> blockchain gaming
we may need an ILV version of this...
Man, with every new high from Axie (and similar pumps like cryptoblades and whatnot) it get's harder and harder to remain patient for ILV
Guess Rahโs prediction of $10 per token per week will come true lol
He's counting the avg of the ups and the downs lmao
I meant for RevDis
He's said per week lol ๐
That's more than I make in a month
Normie salaries are trash
That's more than I make in a year lol
Axies current 7d revenue extrapolated to a full month and taken as baseline for a RevDis estimation for ILV would equal $40+ per month per token, yeah.
looks away for 7 seconds
Ok I'm gonna jump out the window now
morning gents and lasses
Morning brother.
I don't think ILV will produce numbers like Axie does right now right from the get go in month 1. Although that still is a possibility of course. But just seeing what crypto games are capable of achieving in their current state and the current almost non-existent adoption of crypto games yet....damn, hard not to get carried away dreaming.
very true, axie's been out for 3 years now. So realistically would take time to gain traction, but there's also more people in the space now, so who knows
If ILV produces axie like numbers in 12 months, we'll be doing great
I'm still ok with 1/4 of that revenue per token per month. Or even half that
you can look at current MC
you can also extrapolate
find the point where ILV passes AXS
stop fudding
and realize the MCs of both will be drastically higher at that point
Hey Stormi How does one earn Rev dis? I have some in ETH ILV pool
we are going to make more than what you make in a year and that's final @humble wave
I'll die a happy man. ๐
Every $ILV staked in either pool is eligable for RevDis according to it's weight.
Let's not die just yet ๐
I meant in 60 years ๐
$1000+ start of the year is inevitable. It is just a matter of time. Bullish as hell for ILV
Ok all this talk of bullishness made me hungry. Gonna order lunch lol
gonna need some thick to pancakes to soak up all that illuvium
need to figure out when luggis sleeps
so I can overbid him
else it's a lost cause
we've been going back & forward on the clix nft 6 times ๐
True , it is a matter of time. I think this year 1k+ in q4 . With binance for sure we can hit a lot more
Wow I wonder what he would do for a Satoshi ๐
order a steak
I just did actually ๐
you mean Kieran? ๐
Just for lolz....before seed/team tokens unlock, if $ILV would reach $AXS market cap right now, that would mean almost $4.000 per $ILV ๐
make it happen
I was able to discover Illuvium because of Axie Infinity so that just means that more people are investing in NFT games. Axie is revolutionary in a sense since it is the first play to earn. So people are looking for the next Axie Infinity and I think Illuvium might surpass Axie long term
Thats crazy LOL
Make it happen yeah. Besides, all those ppl would start staking for RevDis. I don't think the price would go down qt all ๐
the long term aspect is absolutely correct, esp given that the two founders are Kain Warwick's brothers
Very powerful strategic connections + track record of getting things done
The Warwick bros are to be feared
๐งโโ๏ธ 
Based on the whitepaper alone. I was already ultra bullish. It is just a matter of time. Gameplay Illuvium>Axie
agree
idd
Do you guys play Fortnite
oh shit, he does not sleep
not me
What games do you play
idd?
No NFTs, No play 2 earn. Traditional gaming is dead to me ๐
man pubg used to be so fun
jep
Right
'BERTA!
Or North Texas ๐คฃ
(I hate that nickname)
A leak for the new ATH would be nice. Right? ๐
Hype is part of it and the chart for Axs token is very bullish since it came from a correction. Whales from the investment world are already looking in the NFT space. I'm a trader/investor and I think there is still room for Axs token to double in terms of marketcap
Massive flat out fan, from the very first demo release 17 years ago
Kieran himself said he'll want to see AXIE in top 10. So, there is also a place reserved for us there ๐
Alice is going well too
When does those seed tokens unlock?
Man, or Destruction Derby back in the day when I was like 10 years old or so ๐
End of March 2022. But linear over 12 months
The can also stake right?
I think so
Can only stake unlocked coins
Morning everyone
Yeah I meant the ones that are unlocked
Seed/Team tokens are already eligable for RevDis. For staking only unlocked tokens can be staked
Ah yes, they can stake those seed tokens when they unlock
Ok. Let's see how many end up being staked ๐
LFG
Lol
(Just learned what this means for crypto ๐คฃ
Wondered why the hell everyone was looking for a group)
Apparently it means "let's fucking goooooo"
i say that when i wake up
December
End of Q4 current estimation
it was q3 of 2021
LF4M SM cath
NO!
I'm not fighting whitemane again
but i need her hat.
Or the stupid beast master
It is a nice hat I'll give you that much.
Christ
There was some drop i ran that for years ago..... So many times
- que nightmare
lol
WTS PORTS TO ANYWHERE. 10G
PST
Can we get a barrens chat channel?
And it's just pure shit-posting?
@white lotus fuck yea bro!
isn't that just #degen-trading 
i mean people talk about trading 8bit digital old men
that's gotta be on same level of asking where makriks wife is
how is everyone this evening.
.....damn it Jeff you're right
ilv-ath-sex, am i allowed to say that?
look like people are waking up to Illuvium slowly
at 50% Axie market cap. Shit, we would be over few thousand.
soon moon
147 is nothing yet
its 148
also good xD
I can not w8 for Demo
discord members/24hr vol/price whatever it is, ... ๐
I canโt wait for revenue payments

Itโs sickening to think how much game rev there will actually be
thatโs it there ๐๐ฝ
true
Shame for the whales that are late by then
I mean seriously, we are lucky we are here now, still early, this thing is going to blow up.
Yeah boi
The whales want the market cap to be a billion before they get in
It feels more stable for them
๐
Lots of leverage dudes Rn are probably just taking fat Ls today ๐
Thx leverage dudes
please leverage more
Why?
No because the opposite is happening
Some dudes thought it would crash today a little
Must be something good happening behind scenes
Could be a bull trap
Or just a manipulation
They'll be a day in the not too distant future ILV will be sitting in the top 20 on CG and CMC with a MC of over 10B with a price in the multiple thousands
3 years ilv supply will be 10b
So multiple thousand just canโt happen unfortunately
Unless we reach a 100-200b company to get the 5 digits in 3 years
Even with circ supply and FD it'll be that. wait and see
?
I was giving a low estimate
Wym
In 3-4 years time we will have about 10b supply which makes it a total of 10b marketcap for each 1k per coin
And 100$ per 1b
In my eyes ILV and companies like UOS will be valued at over 100 B
ILV seems like a pretty promising new project
Maybe in 5-20ywars we can see those crazy numbers if they continue to make great games
P2E is and always was the future of gaming. Especially AAA games
If Ada can get 50b with zero utility just all talk than why canโt ILV
Thatโs the real question
exactly
But you never know what axie will do it can explodeand the gaming cryptos will be the hot topic and ILV is just that much better it will surpass billions
Yoooo
LOL i assure you i did not do it in 60 seconds
i am still a scrub so it took me, um, a bit ๐
@full dome
Come on
If ILV team creates what we all believe to be which is next generation P2E gaming it will go over 100B . Gaming is recession proof
Hahahahahhhahahaha
From how good axie is going than ILV hitting those number just wouldnโt surprise me. Axie looks like such a shit game in the preview itโs just people making money
Itโs like flappy birds who would of thought that amount of people would play it ๐
Owner rugged
This is the reason ILV will be in the multiple thousands regardless of circ supply and MC. It's light years ahead of these shit games. People want to make money playing video games. It's the holy grail.
and amazing games
The fact itโs an auto battler with cards thatโs fun asf
And you can make money off it
Different story
yep, and the open world exploration aspect to collect Illuvials
The hard choice in the end will be
Sell when the market cap is in the 10โs of billions
Or hold forever for game rev

Very nice
Are all of your gifs searchable with "Illuvium"
That's typically how I find them but I'm wondering if more are hiding behind other tags ๐
Didn't think the owner of flappy birds "rugged"
didn't he just remove from the app store because the fame/fortune was too much?
these are my standard tenor(discord/TG searchable tags)
illuvium,ILV,$ILV,yield farming,yield farm,play2earn,p2e,play to earn,crypto,cryptocurrency,cryptogaming,crypto gaming,blockchain gaming,RPG,autobattler
Not that that's relevant or matters xD
Screencapped ๐
he even committed suicide
is that supposed to be the ultimate rug pull?
10 million sir
Whatโs AAA game?
generally means a game produced by a major studio/having that level of quality
Kinda like AAA Alberta Beef.
It's kind of a big deal
Could be lower
๐ฅฉ
it will be lower, but no one knows how much
already around 1k sILV claimed, so ilv max cap is 9.99m lol
Oh yea whoops
Hello friends. To play the game, it's necessary to get ilv token?
No. It's for governance and sick gains
even the play to earn part of the game?
Correct
It's separate
Highly recommend reading the white paper and checking out Tokenomics though. Most people are blown away
Ok. Thanks!
hehe yes ser
You sure?

I'll claim sILV once I stop making sweet compounding ILV gains
hey man, i have more than 2 whole sILV to my name
You fancy
Oh Nick
Imagine once clix gives tutorials on how to make money from ILV just grinding the game
๐๐
Wont just be clix making that kind of video will it ?
Alters your views on possible future price, hey... ๐
Look I typo it lmao if it was 10b I would rug pull now
Wish
Easy
Nah wonโt be .

Then when ppl know how to make money off ilv
PAmP
Actually it is needed. People need money because of Covid

Becker is always right

Well what do you do if you're forced to quarantine?
Ok. Guess I'll game for a few weeks lol
Or months
and become rich while playing ๐
Or months.
If we hit a big number of players
Its gonna be party time
Whatever axs do should be the minimum for ILV
mc, players etc

Hope so
Very exciting future is all we can look forward to

The biggest red has been 1500 ILV dump ๐
Just so youโre aware, Kieran and I arenโt going for axs. Weโre going for taking out Pokรฉmon
Ez
So first Pokemon and then Blizzard. Cool cool
Never gave a shit about crypto gaming tbh
Take out the whole gaming industry
They can run til the end of the earth. Theyโll never run far enough
The idea of being open-ended is cool ๐
@full dome
Perfect opportunity here
i mean i shill ILV as the open-world pokemon PC* game we've been impatiently waiting for for 25 years.
Yup, that's how I shill it too, but also trying to explain all the things that will make it revolutionary
Is it right to say, gameplay to illuvium is likened to Pokรฉmon and final fantasy ?
What does taking out pokemon translate to for ilv market cap ?
oh god including merch it's insane. quick google says 105 billion
so like a lot lol
When my grandkids are watching the 15th series of illuvium anime, I'll be drowning in money
Aint in it for the money, I want to be a part of something bigger than myself.
lets promote that a $IMX airdrop should also go to $ILV stakers
Pls also airdrop to @illuviumio stakers. https://t.co/4OUnaJPr7a
More than blizzard then
Pokemon is the goal not blizzard
Might as well just go for all of Nintendo at that point then
5-10 year goal this is i assume
I'm in it for the money. I'm in it for a healthy economy that helps hard-gaming individuals prosper. I'm in to be a part of a digital revolution. I'm in it so that I can go to work in my underwear and love my job, sip coffee and hang out with the kids.
10 year is good goal
apparently pokemon made 3 mil off jet airline sales lmao
๐
$AXS still pumping. Almost $2.7b market cap now and it's 24h trading volume went up another half billion to $7.5b.
AXS at 48.61
All we need is a single video file of gameplay ๐
I think people need to be thankful it is still sthis cheap to get in
Trains leaving, get your tickets now
Next stop
Yeah, that one is out of the window now for me. People can say what they want about Axie, but the numbers they pull off right now are mindblowing and to think how much more ILV has to offer. The next 2-3 months until we hopefully at least get our hands on the mini-game already and see the first Revenue coming in, are going to be a pain ๐
Lambo island
keep going
I think it is a proof of the thesis and concept
thats all
Said it at 120
How bout this.
WGMI
We're comparing to a working product that launched over 3 years ago.
New people to ILV need to know the legends
Ya facts, people think AXS had overnight success
like
its taken time
It was all when they moved to their sidechain
Absolutely. I just never imagined that Axie in it's current state could pull off these kind of numbers. I was never worried about the potential of crypto gaming in general, that's why I went all-in. But considering Axie's state, if those numbers are possible (also, who says they reached their personal top already), just imagine what ILV could look like just a few months after launch.
Truly
because people like me that looked at the game and said no way that wont work, too much gas (in Feb-April) didnt invest. But now BAM.
Patience is key
Rome wasn't built overnight.
Epic team
That in itself is bullish hype
Well, I'm impatient as f***. Still holding, so I will see those rewards. Passing the time until EOY is just going to be a mess ๐
xPut this on a damn shirt
Alright literally everyone who's made 10x needs to have illuvium somehwere in their discord name
$50 per ilv per month
soon
Price at $100 or $1000, it's other things I want to see ๐
Like, what is the general consensus of axie players as for their motivation to get into it?
Im only 3X rn almost
I only know one axie investor and their motivation was purely money.
I think we should add roles other than mods
Pretty sure with YF most of us are around 3X, so we only need $500 ILV
There was a pool about that and the majority was for the money, second for the community, and last for the game itself
Can't recall the exact %
That and more is possible, yes. Impossible to tell though if - and if so, when - that actually will happen.
For ILV to be $1000 or reaching billions of MC, the RevShare would be so insane that you will want to keep starting at your wallet not believing what your eyes see.
Speak it into existance
So when people are on day 3 of playing olluvium without sleep cause they love playing the game, then what. Do we all just win the internets?
each ILV will generate $50 per month in revenue distributions - (PREDICTION NFA)
Yes, pretty much
Yeah and you'd be crazy to withdraw and lose it ๐
1+1=2 it's simple stuff
Cool, so I'm in the right place
And then bam, another game from Illuvium team launchs
I told ya
Im never withdrawing aside from my cost base
always been the plan
cost base has always been in the plan for me too
investing 101
yup
Well, just remember that the mini-game probably will be approved by the council. That already means two games that start revenue distribution within the next ~5 months.
That's what living off RevDis means. Take what you need, compound the rest
Idk about other countries, but as an American I have had extensive conversations with my tax guy about digital asset farming and the like.
Yall better get prepared.
Don't end up dying in jail like capone for tax evasion when you can't explain where that 2m came from
That's why I'm going to quit my job and move to a crypto tax friendly country as soon as possible ๐
Puerto rico
Yes I know. But I was talking specifically about main games. I know there's plans for another one in 2023. And I bet that after the success of this first one, the Illuvium team will be able to hire even more talented people to help in new games. The quality of the games will only go up.
Until it passes statehood in 6 months.
Besides you don't have to withdraw all your 2m all together. I don't think any exchange will even allow that lol. Besides, withdrawing will be a mistake if you get $50 per ILV
Come to Portugal ๐
I wouldn't underestimate, what the mini-game can turn into ๐ But all in all, I agree, yeah.
Binance us allows up to 1m per TX for me...
Better start researching, you're leaving soon then ๐
Never had that much to try lolol
Pack your bags. We're leaving tomorrow!
Withdraw a smaller amount each month, no one cares about 2-3k going into ur bank a month ?
Lol
Withdraw 2 mill and yeah u got a problem
Yeap this is what you do^
3k? I don't even spend $500 per month. I just take out the dust and compound the rest lol
Somebody here need to buy an island. Make it a country with lenient crypto taxation.
Having time to do what you want and the money there to do it
Tough problem to have... How to cash out enormous quantities of money? ๐
I'll always work. But do what I like.
Portugal is not a good country for crypto taxes. I see it suggested again and again, and every time I investigate it, it still ends with the fact that the portugal tax systems looks like it would indeed tax you if 100% of your income comes from crypto. There is too much of a grey zone when it comes to Portugal for me. I'll be either moving to the Netherlands where the wealth tax on crypto assets would be neglectable. Also looking into Dubai or Costa Rica currently for some alternatives.
We'll all move and start a science facility where we create illuvials
Buy property from people who know crypto. Instead if bank transfer, send USDT to their MM directly ๐
And then jurassic park happens all over again.
Oh, trust me. I'm doing almost nothing else anymore. Work from home as much as I still have to, the rest is ILV/Crypto all day including to figure out where to ๐
Nope. If you don't do it at professional level, you don't need to declare what you receive in crypto. But if you're a business and receive payments in crypto, you have to declare those.
moves to portugal
You can however declare your crypto assets but you will not be taxed.
Exactly, and the definition of "professional" is not easily found when it comes to Portugal. I've read about people (cannot confirm it myself) who apparently got wrecked because they indeed were categorized as "professional" simply because 100% of their income came from crypto. Also, don't forget that - at least for me personally - there will be a ton of activity on the marketplace and play2earn. Who says that this suddenly doesn't makes it "day-trading" in Portugal? Nah, I hope for everyone who is there or goes there, that they will be fine, but for me, Portugal is too risky in terms of taxes ๐
have you looked into singapore?
You can do day trading. That's not considered professional.
You can come here too ๐ but I would def choose the Netherlands over other countries
Look into the UK and its capital gains tax laws. They aren't the best in the works but are good, and its a very good country for loads of reasons
hI ๐
Yes, tax wise it seems to be great from what I could gather so far. But getting a visa to actually live there seemed to be more of an issue. Need to look into it more though.
Hey
this game looks good from what i read and see, however.... how can the token already be worth $143.09, when its not even being used/played yet?
Research the economy and market cap man
Through staking for now. Lots of it is staked atm plus the market can is too low for a project like this
Uh, nah. Not a UK fan at all, sorry ๐ Also, if I stay in Europe, then it's easy with either Netherlands as a german citizen. Or maybe also Malta. Malta supposedly is great too, but I haven't looked into it that much yet.
Theres a low max supply
ah ok, of course... Staking!
Put a stake in it ๐๐๐
Don't ever go to the UK.
Is clix in this servers
Server*
I also would love to live in Netherlands. Maybe when I'm retired.
We'll all be retired soon no worries
Just need a big enough bag of ILV ๐
What's wrong with UK exactly?

๐
is it the anti binance thing?
Too much FUD and uncertainty. They always want to move against the current.
Actually I had plans to retire in 5 years with ETH only. Now it looks like I'll retire early thanks to ILV also ๐
Binance was just a detail
lol fud has uncertainty built into it
Fear
Uncertainty
Doubt
You gotta risk it to get the biscuit
Exactly. U can find it in the UK everywhere. Look at it. Its a not even truly a part of Europe ffs
Well it's quite expensive anyways
Final destination: the Netherlands or Dubai. Depends on your taste if you like to get cooked or drawn in rain ๐
Tax laws gonna change every year until crypto is truly mainstream and its regulated like everything else and it's normalized. Just my opinion.
meh dubai overrated
I spend TOPS $500 every month here. So, as long as it's comfortable I might get the citizenship of other countries, but will live here and spend in $.
Right now they think it's Penny stocks
Not my type either
If you get a citizenship in another country there will be a set number of months per year you need to live in that country
so other times, you can spend only $500 lmao
Dubai is not very friendly for my taste... I like the Netherlands vibe, iykwim ๐
rich people problems
Not if you buy property there. Buy a house worth $250k in Turkey and in a month they'll give you the passport
Different for every country I suppose
Amsterdam is on my list ๐ If I go to the Netherlands it's probably going to be either Enschede if I decide to go for something smaller, less capital like, or it's going to be Amsterdam ๐ I could see the latter happening due to everything the city has to offer. Plus, probably much easier to get by with english as well. Although Enschede, since its located right at the german border, probably would be easy to live in with German/English too.
I'll say this, chicago is twice as expensive as colorado
Yes, but money always works. Buying property is the easiest way of getting a citizenship. Plus, you won't be working, so staying in other countries for some months to get the pass is pretty easy
Just fyi
I'm pretty sure for alot of countries there's still a requirement to live there like 3 months in a year if I'm remembering
U could probably get one of those genius visas haha.
U have money, nothing will be a problem. Whatever they want, you can solve.
Oh dear, what have we turned you into
The goal is the pass ๐ I wanna be as Visa-free as possible
You can come crash at my house.
Nothing. This is how the world works. Money always opens the path. I'm not talking about bribing. I'm talking about investing ๐
The US?
I c, settling down is a hard prospect. I plan on being a nomad for the most part lol.
For now
In Portugal you can have a golden visa if you invest 500k in property. No need to live in here for 3 months. Or you could in the past, I think it was suspended because there were some scandals...
Maybe moving to.portugal
Just gonna visit you to take a trip to New York, Yellow Stone, RedWood trees and the Grand Canyon. Other than that, I'm not gonna live there at all ๐
Portugal is very cryptofriendly
Ah you mean to live at least 3 months in a year to be considered a resident? Probably... Have to check
I'll try to have many options to move to. Love to travel though
I was just trying to get free babysitting so my wife and I can go on vacation
I always wanted to go to Portugal to see ronaldo play.
Yes, I have been investing since 2017 and I've paid 0 taxes.
Haha I am a teacher and not a baby sitter ๐
I'm visiting Porto in September. One of my best friends lives there
Noice
ah yes that's what I mean, like permanent resident
Teach them to babysit themselves then
Do you have income outside of crypto? And do you declare your taxes every year, including a report of your crypto gains?
That's the best city... But maybe I'm biased, because I live in Porto ๐
Permanent? Which country?
my friend told me they think at the end of this year, there might be financial crisis due to Corona. If the housemarket collapses, I'm definately buying some property in Porto
I have a normal job yes, and no, I don't declare my cryptos. Don't need to. There was a communication from the tax authorities that said we didn't have to declare it.
Ok, thanks. I will look into it once more.
I have some articles explaining that, but they're in Portuguese
Portugal is prolly the most Cryptofriendly country in the EU @twilit junco
(can't remove the preview, I'm on cellphone, sorry)
maybe the only problem is I don't speak spanish lol
Cyprus too
But I understand your concern. If you don't have a job and you're living a luxurious life, the tax authorities might become suspicious about the origin of your wealth. So it's advised for you to declare your cryptos, but you will not be taxed.
nice
Omg it's back up
But I'll be honest, I don't expect this tax heaven to last forever. Government is always looking for ways to tax the people. Don't know how they still aren't taxing cryptos to be honest.
needs to be back up to $150 so we can say, I told you so @ $150
where they dont tax ???? Tell me please
Portugal
paradise for those that trade crypto
Yes
here on Brazil there's a 15% on profits above $7k sell
Hey @sage falcon you are in profit.

Did he buy the balancer peak ?
Yea hahahahha
๐ฏ
Sooooo.....what is this?
I've got pictures on hand of the legend
He's like the statue of liberty
Hahahhaha
$91M mc, juice
What kind of drugs do the designers use?
I'd like some as well
only the OGs remember that epic sale
it felt so long ago
exactly hahaha, I waited about 18 hours to make my first buy on $57
that was insane
Very good entry
the voice chat calmed a lot of ppl tbh
Now reap the reward ๐
FULL STAKING
That's a damn good buy, mine ended up being $65 during the sale lmao
the IMX airdrop, will it be applicable to people who hold GU cards, or do you need to buy them off the marketplace to get IMX??
gonna reap the rward for years
Also a good entry. One we'll probably never see again.
good entry price as well
Yeah. The reawrda are not here yet. We'll receive them in 3-4 months ๐ limitless
Cyprus banks will drop you if they learn you have crypto....
Will be so much fun man
Do you have positive experience with crypto in Cyprus?
Doesnt matter, if you are in the EU you get a bank account everywhere basically. Bankera is cryptofriendly, from there you can send everywhere
Thinking more about taxes...
what's the current taxes on USA ?
$148. We're getting close to $150 ๐
wrong reply , sorry my man
Got it. I deleted the response
Sorry..Another stupid noob question..Iโm guessing thereโs no revenue yet to share since no actual games out?
The farther from 100, the cooler ๐ saying that because I have nothing to throw at it lol
If you wanna stay in EU, cyprus is the best choice
You guess correctly
Correct. Mystery and or land sale should be the first revenue share events. Then any revenue the vault gets via mini-game and main-game will follow.
hello everyone
Hey
hello my friend how r u
Thx bro. Whats up
fine dude thnks
No not directly, but I have been researching. In the EU cyprus and monaco are the best options. But you only need to stay 2 months in a year in cyprus, Monaco is 6 months mandatory. Monaco is only worth it with a net worth of over 10 million liquid imo. Also 6 months in monaco might not be as fun as youd imagine, golden prison
Never thought of monaco as fun lmao
A question for the stakers, how often does impermanent loss occur?......... i understand the concept, just not the frequency of it occuring
alot
admin๏ผ
why so many stakers then if thats the case? risk = reward?
i'm definitely missing something when it comes staking/ liquidity providing... if IL is high probability then surely it is a bad bet....
gas tends to skyrocket everytime a big NFT project starts minting/doing their sale
i mean you get 600% APY on your ILV...that's quite the safety net lmao
but if it were such a bad bet then $Millions wouldnt flow in to it...
Not really because the rewards out weigh the IL
oh is that what it is?
i see
during artblocks it was 1000 gwei ๐
so whats a worst case outcome on IL, with the 600APY. because its Annual at the end of the day isnt it, not hou8rly or weekly etc
no one knows
lol
ETH can go 100x, ILV can go 100x, ETH can go -80% and ILV +800%. it's really pointless to ask
it always comes down to your own belief and risk tolerance
well I wouldnt say pointless when trying to consider risk reward of money that took days/hours to earn... sure 600APY, sounds great but i'm just tried to work out an actual realised profit of it, and not the smoke and mirrors side.
understood
my risk tolerance is quite high on small cap alt coins but not IL lol. Dont ask me why...
i'm so nervy about it!
so wellspoken this jeff guy
but ur getting a fraction of what you should be
haha, yeah
because you liquidity provided
So crazy, I saw it spike to 1400
i was like WTF
if you think ILV is keeping stable with ETH. LP pool is perfect. IL is minimal.
if you believe ILV is going to 10x eth in the next few months.... LP staking might not be the best option even with 600% apr. 10x will result in a 42%+ impermanent loss.
I see a lot of people aping in here without taking the time to look for the information and do their research.
Some people prefer some lower risk, and wanna just stake their ILV
which is fine
so hang on a second... help, me out. Impermanent loss is only realised if you withdraw when the price difference is current, if you leave in place until it levels out, then its not realised? and if thats the case, is there a point in which you have to release or realise your stake, and the IL.
yes. a lot of people who bought recently just do ILV staking. simpler. also don't really care if ILV 10x or 100x. they get the full benefit... at the cost of 600% apr.
dont worry i'm not aping in to anything, just asking those that know more than me
Yeah but IL is real. It can truly impact your performance, you should really understand IL, before putting your money in
no i agree completely, thats what with all the questions... -)
if it level out that mean it is keeping stable with eth. if you believe 1 year down the road. 1ILV = 0.066eth like right now... then by all mean do LP. free money.
Yeah, but there si still risk involved. You make it look like ILV success is 100% safe, which I would hope for, but still there is a rsik and in this space anything can happen
Yeah, took me quite a while to understand IL deeply
everything is a gamble. there could be a hack tomorrow. and someone drain all the eth out of the LP pool also.
exactly
But lets hope fir 100x, thats more fun ๐
that's why you are rewarded for taking on higher risk and offering more service... you are providing liquidity to onboard new users.
i want to bandwagon this question though, if you stake the SLP from liquidity providing, do you lose out on the fees u got from LP from sushiswap?
yea of course, there is way too many variables of risk, most of which are out of my control. However exposing myself to IL is a risk I control, so i'm just taking my time with it... I only gamble what i am happy or able to lose. Which lets face it, its all gamble...
I didnt argue that, just that people have different risk profiles and should only do what they understand. Lock your ILV flexibel for a bit while you learn and if you are more educated about it you can still change your decision
SO true ๐
I'm not sure if $ILV can pull off a x100. Maybe from it's all time low at ~$30 which would mean $3.000 per $ILV which already sounds crazy, but anything more than that? Man, that would be bonkers ๐
yep. it all come down to higher risk.. higher reward potentially.
I think your right, and i am probably in a sense of the words "swimming after the boat" but there is almost definitly gains to be had there./
Don't underestimate fomo. I didn't think aave could pull 100m TVL when they had 3m tvl. now they have 3B tvl
lol well... I never say never
I'm just talking about x100 being unlikely - in my opinion. In general, gains from $ILV are expected to be ridiculous. Also, RevDis is where the true wealth will come from.
If you think ILV can be top 50. use that as a metric.
take that divide by total token. there is your price.
I mean if crypto taught me one thing: It always gets crazier than in your wildest dreams. I agree though 10k ILV is a bit steep, but then it is "only" a 100 billion valuation. with 10-15 million players that could be realistic, I have no idea
my main concern at the moment, is with all nft/game token... they are poppin off! and it will simmer down at somepoint, probably when bitcoin kicks off again...
$AXS is 41 right now. Top 50 should be more than doable for $ILV, yeah.
I think the whole NFT gaming space will develop its own cycle
Yeah, we might see numbers we can't even fathom yet. Just look at $AXS. 24h trading volume is still going up and closing in on 8 BILLION.
the other problem is, and i completely think that ilv looks a like a great game, there will be another game tomorrow...
I do think ILV can reach top 50...assuming they deliver. They have dephi digital as a partner on their main page and solve some of the problems with snx token model. This alone should bring it to top 100 already.
Wen game
remember top 50 today... might not be the same as top 50 1 year from now. top 50 today might mean 3B ... top 50 next year might be 10B. if the whole market grow.
Bitcoin pumping is certainly not going to negatively affect gaming tokens. Quite the contrary in my opinion. Also, 1-2 years from now (if even that) I don't see BTC having any major impact on those tokens anymore. Gamers don't care about market, bearish, bullish and whatnot. They'll keep spending.
!timeline
- 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.
This. Gaming crypto is going to decouple from the wider market in time
$149.2 - almost there ๐
Gamers will still care about their purchasing power being eroded though, no?
Not sure about decouple but gaming is a great way to onboard users... who do not care about defi... but they do care about making money and about video games.
I'd find these returns mental as is, but I've literally been given free ILV for staking too. I can't wrap my head around how my single digit IQ managed to pull this off
isn't it being used essentially like defi at the moment though, with the 3rd world gaming teams making $20K+ for its (employers if you will) plus the staking, when bitcoin rallies, it will do what it always does from the altcoins (nft's) and that is roll back in to btc? no ??
Thats so ridiculous
NFT gaming is just starting
By what? We will have tons of players spending tons of money in the game without even holding a single $ILV themselves. RevDis is going to stay up even if the token market might be in a bear cycle at one point.
Why does it.. go up
Crypto Gaming exploding. Look at $AXS, $SKILL and others
as long as you still have people playing the game - yes.
Yeah, I'm not worried about a lack of players ๐
You get lots of volume when binance and ftx add futures on your token. When you have 10x 100x leverage. Lots of degen will produce lots of volume.
Yeh it's crazy 3rd highest volume after btc and eth
Am i losing the train again like axie
Yep. What a lot of people don't get right now in terms of staking is that they need to evaluate every single $ILV based upon it's value 12 months from now. Yes, you might gain a single $ILV a day right now worth $140. That isn't what you are getting for free though. You are getting $1.000 or whatever it is in year for free PLUS any compound effect AND RevDis acquired via those free $ILV.
thats not bad
$ILV is just getting started. You would be still super early here
Exactly. And all the while your staked ILV is going up in value too. Someone broke the money printer, and I'm benefiting.
when open beta rolls out, you better have you ilv
good point...
When open beta comes.. ilv would be way up 148 plus
this so much, people dont understand this pahes right now is DeFi in 2019
he said 3 digits
Right now ILV is at rank #290 .. if you believe this is going to top 100 or even top 50.. then we have a lot of growth potential left.
๐คฃ
I see you're new here XD welcome to the hype train
Top 5 or bust baby
We are expecting all gamers to become crypto literate by forcing them to be aware of their spending in game being finalised in ETH? If so then they will generally be aware of how much ETH their dollars are worth compared to a week or month ago in a bear market. I'm not sure how much the 'gamers don't care about the market' thing will hold true when they're forced to be aware of it
Anything below 2K ILV is FUD
yeah you can take it the rest of the way. I don't hold anything above top 30 beside eth ๐
NFT Games will break into the Top 20 maybe even Top 10 for sure. Right now, we only look at $AXS as cap because no gaming token has surpassed what they are achieving so far. That's not the ceiling though. When mainstream starts to adopt crypto gaming, numbers will go beyond anything a lot of people ever could dream of. And if the team here delivers EOY and onwards, then $ILV will be a part of leading this revolution.
i did it, i just bought 120 ILV!
Put that on a damn shirt
lol
haha
Congratulations. Enjoy the ride ๐
hahha, my man
I like gambling.. it fun. Lets have a beer!
I'm a gamer, not a crypto guy. I look at eth as the in game currency, so 0.5 eth for a good illuvial, 5 eth for top tier etc. I wont attach a $ value to it
the revolution
Lets goooo
!welcome ๐
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: ๐ฃannouncements #๐ฐใleaks #โใrules
On the back of this, you see the same in axie. People value their axies in ETH and ignore the $ value. The eth value stayed pretty constant
But surely you will when you come to have to convert your dollars into eth
Look at axie, people value in eth and the eth values stayed fairly constant.
$ values went mad because eth values didn't change, so we have examples of how gamers think right there
They'll see eth as the in game currency and not care on its $ value
It'll be interesting to see the psychology of it either way - plus i'm thinking through a lens of high volatility, which should settle as time goes on
yeah will be interesting to see play out
I think you over estimate gamers. Some people put tens of thousands of $$$ into crappy mobile games and never expect anything back
Welcome to Illuvium the DAO that will take over the gaming universe

Welcome to Illuvium the DAO which gaming universe will take over the world
Fixed that for you ๐
haha
thanks buddy
damn nice
Congrats on 150 everyone
Let the GIFs flow ๐
lets goo boys
We are missing a 0
Hiya! Newbie here. How can I buy ILV? I am from the Philippines
there seems to be a glitch
Haha. Next stop (actually there is no stop, but for the sake of round numbers) 160 ๐
ILV should be 1500
Do you have a metamask? and have you swapped on Sushiswap
You can buy from Sushiswap. Check #โใfaq
Oh I see. Thanks guys!
Will read FAQ. I just got excited
No worries
let us know if you have questions
welcome!
Any questions, direct them here
1500 would be crazy
The dust in the wollet would mean hundreds of $ ๐
Ya
Man I love this discord. 10000x better than Axie's
i just would be soo filthy rich lol
hahaha yes
Check out #๐ฐใleaks
we will be 100000X better than Axie haha
not even comparing the right universe
completely different plans here
600 with half of ilv supply in circulation would be axs market cap rn which would be a good ways past launch so that seems like a good target for now imo
Being rich hasn't started yet. I'm waiting for a new tab in the website under the name of REVENUE CLAIM or so ๐
Yup
hahaha, yeah claim my lmabo every week
What if we get to AXIE MC without a game? ๐
For sure
1500 is my 2 year target
NFA
Yeah wade got his 3 islands he wants to buy lined up
150, 1500, 15000 won't matter if you get $50 ILV per token imo. You'll never be selling your staked ILV
Maybe
We could see much higher numbers at least in Q1 2022 when both mini-game and main-game are out but circulating supply still capped around 650k.
only if u are coming with me ๐
Whales like Molten are jumping for joy
With only your Rev you can buy more than one I guess ๐
these milestones are great for community morale
50$ per token would be soooo nice
especially when crypto is in a mini bear market
I'm telling you. I would never touch my stake. Never EVER EVER EVEEEEEER
"there is always a bull market somewhere"
i still find myself thinking if high rarity iluvials had a one time option to mint a physical card and or figure that would be really cool and get a different group of people interested in the game as far as collectors go.
heehhe
Idk I still think you need to create a following in the virtual world first
Yeah me too
physical->virtual wont work as well
technically this would be virtual->physical but yea its a thought tho.
If you hold only 100 ILV with the rev of 50 per token it'll be $5k lol
Ya for sure, its just a timing thing
Bet
thats where im at
started with 100ILV
๐
Oh brother we'll get old and will still be here ๐
with Impermant loss i keep getting farther away from 100
im 60 grinding defi
lmaoo
thankfully lp fees will get me there soon enough with high trading volume
Rewards and RevDis will get u there eventually
how do these work?
another thing to consider in the future when we hopefully see a billion+ dollar trading day
0.25%?
@hollow drum just standard .25% fee going to liquidity providers yea
i can never remember but i think that's how it works
Man, Malta looks more and more appealing to me. Also, English as official language which is something I'd like so damn much. I might become an Islander after all if I don't find major issues with taxes or so ๐
Whereโs Malta again? ๐ค not good with geography
South of Italy, East of Tunisia but also still part of the EU.
Malta is pretty expensive and not that easy to understand
Hmmm. Interesting. But I still think Netherlands is best
They have good crypto tax regulations?
Apparently no tax on Crypto. @twilit junco and @real tiger know better
You don't need to speak Maltese. English is Official Language as well. It's a bit more expensive than f.x Berlin which I always take as reference (would love to go back there, but not with german crypto taxes), yes. But not in a way that will be any issue for me if ILV RevDis performs.
i pay 0 tax
only weath tax which is 1.8%
There you go @velvet tide
in nether;ands?
yes
damn nice
No Taxes is not correct. Crypto Assets fall under Box 3 in the Netherlands which is a kind of Wealth Tax. You pay like 1-2% of what you have in $ value on 1.1 of every year
is there a size limit?
wealth tax is not on the crypto gains tho, if u have less then x amount of cash
u dont pay it
You have where? In bank? Or you MM is also considered wealth?
ok
Ah so literally you pay tax on the cash you hold (+$400k) not the coins in your MM or stakes assets
Thats sick
Owning Crypto falls - to my understanding - into what you own in wealth, yes. Not just your FIAT on bank accounts. But only the amount on January 1st of every year is relevant. If you have $100k in year 1. Then you make like ridiculous gains you don't pay tax on those gains. Just wealth tax based on what you have the next January 1st
Yeah. I don't pay crypto tax here either, but for a European country like that it's amazing. Ill join u there too lol
How can they know you hold how much outside your bank on Jan 1st? (like staked assets and other coins you have in your DeFi wallet)
Did they announce it is 400k next year? Last time I heard it was 50k if living alone and 100k if living together (the percentage is around 1 to 2 % but grows as it becomes more)
"How can they know" is not something I care about. That would apply for every country you possibly could live in. If you want to break tax laws then that is not country relevant. Personally, I'm interested in finding the right spot as my homebase when properly following the law ๐
For the Netherlands?
Of course. Legality is why we are going through facts now. You'll always have let's say 500 ILV (lets say ILV is +$1k) staked every year. Does that fall into category of tax wealth even if you are in the Netherlands?
The way I understood it, the value of your staked ILV on the 1st of January each year would be relevant for the wealth tax in the Netherlands. But I'm not a financial advisor ๐ Even if that is the case though, if all you legally have to pay is like 1.8% based upon your total wealth...that's pretty ok I'd say ๐
Yeah sure, but I'm curious to get to the bottom of it. How would they know you have 500 ILV staked? Because I don't think even Eth Scan shows your staked assets. Do they really dig deep to find out? ๐
Well, you would have to report the value of your ILV holdings of course. If you don't, sure they MIGHT never find out. That's exactly the kind of breaking tax laws that I referred to earlier. You could argue like this everywhere.
Interest. You go to the tax office and literally report yourself holding ILV. ๐ค if that's the law, so be it I guess, right? But way better than Germany
U read my mind ๐
Well, that's obviously the case in every country you pay taxes on crypto for. They don't know your wallet
hehe
I've been looking for that as well right now. Couldn't find anything. Only 50k as a single for the tax free limit ๐ But maybe @real tiger can share a link or something to the info about 400k
Good thing they don't have taxes on Crypto here lol. What a hassle
Thats the best
Hopefully they won't mimic what other countries do lol
was in an article from the goverment, if i see it again il lsend it
yeah, that would suck
haha lol, community growing
We do grow
Yooooo
If ilv gets same valuation 11 billion FDV each ilv would be 1100
As people lock their tokens we could reach even higher
Can someone please market sell like $4m ILV so I can buy more cheaper
Only if btc goes to 25k
Erm this is a less appealing offer ๐
If not grim
@harsh plaza hey bit of a noob question but does Koinly recognise staking rewards earned from the Illuvium website? Fellow Aussie here .
๐ค I'm going to get you to Portugal ๐คฃ
Hehe ๐ Still got a few months to decide. Hopefully RevDis and $ILV price is awesome enough to quit and move Q1 already, but we'll see. Until then, I'll keep looking ๐ Dubai, Enschede in the Netherlands and Malta are my options currently but I'll look into Portugal one more time.
What's up? Miss anything in the last 5-6 hours? :P
$150 new ATH ๐
That's pretty sweet but now I need it to come back to $90 just for a quick min or 2. Then it can go back
when shall we hit 200
It's crazy, I have been watching the buys/sales on Dextools since I started here with everyone and the amount of bots that are there now is ๐คช
the way we are movin in 2 days ๐
Sooooooooon



