🎮〕illuvium-zero

[mortal merlin]

Full time on both games

[open harness]

nice, id love to min-max with you. i guess im serious in terms of my stake in the game lol so i kinda have to go all in

[mortal merlin]

Will be a pleasure

[stiff shard]

Hi just heard about land sales, what would be the benefit of purchasing land?

[vivid cipher]

Ability to Produce and sell fuel. The pinned GDDs talk about it.

[late raven]

Any ideas on how long after council approval the land sale will be? And have their been any ballpark estimates/guesses for T1-4 land costs? Need to know how much money I need to try to scrounge up from other places 🥲

[mortal merlin]

Proposal says around 10 weeks.

No idea on starting costs.

[gleaming oasis]

Been thinking the exact same thing.

[junior depot]

10 weeks upon approval?

[unreal bobcat]

I just hope I can get enough sILV from staking for land. You said 10 weeks roughly until land auction?

[mortal merlin]

10 weeks after approval of the proposal yea

Those are estimates

[junior depot]

When will the deliberation happen?

[unreal bobcat]

I am sitting on ILV to stake when gas prices get cheaper you think it would be better to just stake tomorrow morning no matter what? I already have 1.17 SLP staked.

[mortal merlin]

Soon.

Proposal is going to be posted to snapshot.

We will have 3 days to approve it or not.

[junior depot]

Take your time, I don't mind. I am still trying to sell house and lot.

[mortal merlin]

We need to get the game built hahah

[junior depot]

That is the way I like it. I still have time! Awesome!

[late raven]

Hmm if Tier 1 appx $1000, then Tier 4 like $20k? $100k? Do I sell my house or just my car for land sale 🤔

[unreal bobcat]

I think sell your house and live in your car with McDonald's wifi. Just build a house in the game maybe

[lusty bobcat]

Sell your car to and buy a minivan.. Can live comfortably in there and in game

[late raven]

I wonder what tier land i can get for my car 😂

[lusty bobcat]

I don't know.. With current inflated prices for cars.. Maybe the higher tiers 😅

[late raven]

I’m hoping Tier 4 for around $20k but something tells me it’s gonna be way more… 🥺

[brisk gull]

I would say T3-T4 depending on the car. If you want T5, you will have to sell the house too.

[lusty bobcat]

Question is... Will you be able to get land? Supply seems super limited

[late raven]

If T3 is $20k and T1 is $1k, do you think it’ll always be a better value proposition to get one plot of T3 vs 20 plots of T1?

[lusty bobcat]

Kinda hard to tell.. Cheaper ones are easier to flip if going that route.
But I believe it doesn't produce the erc20 token if using it.

[brisk gull]

I think we will be at least 100k members for the first sale, so the price for the lands may be really high.

[lusty bobcat]

Looks like it's mainly for whales tho

[brisk gull]

Having 20 T1 wont be efficient because it would be quite hard to manage 20 lands.

[lusty bobcat]

Like ES and sandbox had some expensive land..but they sold out instantly

[late raven]

Ah I imagined it kind of like collecting rewards from staking pool. But that would be a hassle to do every day. Not to mention gas costs before transitioning to IMX

[late raven]

The notional token doc mentioned the proposed sale price for T1 would be around $1k

[lusty bobcat]

Yea.. But 1k is quite a bit for newer crypto peeps or regular gamers

[late raven]

That’s true. It’s crazy how people will throw around 0.5ETH for a new NFT like it’s nothing. But kinda crazy when you start thinking about it in terms of dollars

[lusty bobcat]

Yea. I try not to think about it in dollars.. Haha

Spending about 500 on an nft and another 1000 on gas... 😅🤣

I remember when I first got into crypto.
Moving around $100 in btc was nerve racking.
And spending $3 in gas fee... Now... 😬

[late raven]

Hahaha yeah same. Back in the day I was terrified to send from exchange to Ledger and would double and triple check everything. Now let me spend 5ETH on a picture of a cartoon dog or cat without thinking twice 😭

Despite it all I want T4 land🥺

[lusty bobcat]

Haha.. Yea.
I don't mind getting at least a t2

[little moon]

How will we be able to pay for land? With ILV or ETH?

[cosmic aspen]

sILV or ETH

[little moon]

Only whales that put a lot into staking will have enough silv right?

[cosmic aspen]

¯_(ツ)_/¯

[deep iris]

Depends on the price of land

I wonder if you can mix and match for land bids

ETH + sILV. Would be nice but I’m guessing not

[low geode]

Someone already said that it would have to be paid for all in one currency. Either ETH or sILV

[potent dock]

And the price of sILV

[vague briar]

the latest land sale doc had this line about that

[scarlet sentinel]

I have like 0.05 sILV in reward right now anyway so not gonna be enough lol. I do hope I could save enough from other investment before the sale.

[cerulean copper]

I wish I knew prices of land.... I'm waiting on taking rewards to see how much silv I will need or if I should take it now in ilv and let it go again 😂

[slow cedar]

I just want to see some detailed fuel tokenomics so I can work out how much I think the land is worth

[copper glen]

Man it's wild... I walk to the other end of a shop to get a bottle of water 20p cheaper, but will happily throw around X number of eth on Jpegs like its nothing

[sharp galleon]

Where can I find the doc?

[vague briar]

here:
#809220563397902346 message

[dense cipher]

Yeah

[sharp galleon]

thx

[knotty lion]

When land sale ends, will it be tradable right after the sale? Or do we need to wait for the main game before we can actually use the land?

[opal thistle]

I wonder how much the basic plots will go out for? And I assume the resources generated by the land can be sold in the main game market right?

[honest raft]

newbie here...when is this land sale?

[unreal bobcat]

The land sale will be 10wks roughly from when it is approved.

Basic plots were estimated to go for about 1k from what people are talking about

[honest raft]

gotcha - will the land sale be through the main website?

[unreal bobcat]

Unknown for now I believe. Looking inside the pinned landsale chat that was the answer as of aug 12th. They said it will be released with the proposal

[honest raft]

thanks for your help!

[dreamy patio]

We are hoping it's way more
/ that way more rev dis to the community

[odd pumice]

How will that work with the resources farming? Will there be like infinite resources on your plot of land or will the resources be exhausted at one point?

I guess the potential daily output will be dependent on the tools and buildings that you have, but that you'll be able to mine forever. Do I see this correctly? 🤔

I would be willing to invest 5k to buy a little bit of land. Just enough to be able to support my family, friends and myself with resources 😂

[pure sun]

The resources don't get drained 🙂

[odd pumice]

thx 👌

[glass verge]

i hope we can get land for less than 10k

[deep iris]

Once they announce notional prices then people can start planning for it and taking some of their staking rewards in sILV

Which should also be good for ILV price bc it burns the sILV 🔥

These tokenomics are insane 💜🥵

[tacit cliff]

https://tenor.com/view/surprise-chris-pratt-parks-and-recreation-parks-and-rec-shocked-gif-5571450

[torn seal]

hey there, will the land sale be on immutable x? so do we need to deposit assets before?

or just just eth mainnet?

[mortal merlin]

Will be on mainnet.

[torn seal]

thanks mate

[candid perch]

How much time left until the landsale roughly? Is it weeks, months? Next year?

[mortal merlin]

Around 12 weeks

[candid perch]

thx

[coarse wave]

Where can i read more about Lands and benefits of buying lands?

[marble bough]

Check the pinned messages

[mortal merlin]

Pinned message marked spoiler is the GDD of the minigame

And the one called tokenomics

[coarse wave]

got it thanks 😄

[odd pumice]

So the Land will be split up to 7 Regions. Does that then mean that you'll get different kind of resources, depending in which Region you bought Land? Or will all the Regions have the same resources and just be purely cosmetic?

[unreal bobcat]

The spoiler PDF breaks it all down. I believe

[mortal merlin]

Yes read the spoiler pinned comment.

Different ressources and different Illuvials to scan.

[rancid zenith]

If sILV is used for buying land, what happens to that sILV? Does it go to the Treasury, or is it burned?

[grizzled helm]

Its burned

[odd pumice]

Ahhhhh, now here is the good stuff hidden. Thank you 👌 😁

[ember hill]

when sILV is burned, does that reduce the max supply of ILV that can be ever issued? or will that eventually be minted again so there's always 10 million max supply

[deep iris]

Reduces the supply 🔥🔥🔥

That’s the genius in the tokenomics

[ember hill]

nice--but when sILV is used in game for other purposes (other than the land sale), is it being burnt too?

[mortal merlin]

Yes.

All sILV are burnt.

[ember hill]

ah I didn't quite understand that before. that's pretty interesting

[tacit cliff]

burn babay burn

[arctic grove]

Would there ever be a world where we run out of sILV or would the price just keep going up so that only a tiny fraction of 1 sILV would be enough to pay for in game transactions

[mortal merlin]

In game transactions are supposed to be paid in eth 😉 sILV is just a bonus

[south forge]

i tried to do a search... couldnt find anything.. can you buy land and transfer/gift to someone else?

[crimson abyss]

I don't see why not - essentially a gift is selling to someone for $0, and the land is yours to sell.

[tacit cliff]

why not 1000 ETH

muhauhaha

[plush turtle]

Hopefully it doesn't cost GAS to bid

[unreal bobcat]

It's not a bid it's just a first person to buy. The price ticks down

[plush turtle]

I seeee.

[junior depot]

If you bought the land does it automatically go to your wallet and should you create an asset for it?

[odd pumice]

The sale will happen through the main chain, so yes it'll land on the wallet adress from where you purchased it. Assets I don't know, but in the pin messages is a PDF called spoilers. There's a huge breakdown of the whole game.

[junior depot]

Thanks

[hoary wraith]

Whitelisting for land purchases should be to wallets that are currently staking? If you want to reward long term members you can take snapshots from multiple points in time and give like 1 allocation for that wallet per snapshot they were a part of

[vale berry]

My sIlv is ready

[hoary wraith]

That way long term stakers are rewarded but announce this earlier so that people who have not yet staked will still be a part of a few snapshots if they stake soon after the announcement

This would allow for people who have just discovered illuvium to still take part in the land sale if they join in

[dreamy patio]

It's over mate, the community decided no whitelist

[tacit cliff]

visual bug?

[south forge]

you may have a pebble on my plot 👨‍🌾

[vale berry]

no, its been there ever since. Its actually incrementing. Someone mentioned sILV dust from SLP pool or something. I dont know 😄 But hey, free sILV 😄

[tacit cliff]

👍

https://tenor.com/view/its-all-free-free-no-charge-free-of-charge-naughty-teddy-gif-19338184

[scenic bolt]

how to play the game?

[ivory vine]

It is not approved yet, so development hasn't started either 🙂

[scenic bolt]

Approved for development? That means its years away

[ivory vine]

You should read the GDDs in the pinned messages here to first understand what the mini-game and its roadmap is all about 🙂

[scenic bolt]

Cool

[drowsy mason]

No way to compound sILV correct?

[blissful storm]

No. If you want to compound you will have to claim ILV and stake it

[ivory vine]

!silv no 🙂

[dry forge]

sILV is a substitute currency that can be gained as yield when staking ILV. In game, it can be used to pay for any fee (excluding IlluviDEX trades and Leviathan Arena wagers) that otherwise would be paid for with the main currency ETH.

While claimed staking rewards in the form of ILV are locked for 12 months, sILV offers the opportunity to liquidate your staking rewards immediately. The tradeoff for that is that sILV only can be used in-game and does not provide compounding in any form.

[dense umbra]

When is the land sale

Also can you make the land sale off chain like parallel.life did as bots will run the gas price

[ivory vine]

Mini-game is not approved yet so no date for the land sale but it will be announced in advance enough. Also, it will be a dutch auction, no gas bidding war.

[dense umbra]

So Basically only whales will get land

[slow cedar]

OK, so here's a question: if you were a whale wanting to unlock some money, would you buy loads of land with sILV, instantly sell it on opensea, and effectively instantly access rewards which should be locked for 12 months? Could we potentially see a mass sILV burn more than we expect due to this?

[blissful storm]

I wouldn't complain 🙂

[civic echo]

How does one claim sILV? By staking on the Eth/Ill Suchi Pool?

[ivory vine]

!silv 🙂

[dry forge]

sILV is a substitute currency that can be gained as yield when staking ILV. In game, it can be used to pay for any fee (excluding IlluviDEX trades and Leviathan Arena wagers) that otherwise would be paid for with the main currency ETH.

While claimed staking rewards in the form of ILV are locked for 12 months, sILV offers the opportunity to liquidate your staking rewards immediately. The tradeoff for that is that sILV only can be used in-game and does not provide compounding in any form.

[ivory vine]

It can be acquired as yield farm rewards by staking in any pool.

[odd pumice]

What makes more sense? Buying 1 plot of land in each region to get different types of resources? Or would it be smarter to buy just 7 plots of land in one spot for bigger facility/ production building? Or would it be smarter to go for less land but a higher tier?

[brisk gull]

There is so much unknown variables. It depends on how much time you need to play per day to develop your land. Also we don't know the rate of production for each tier. Maybe this will be revealed shortly after the approval, or at least before the land sale.

[odd pumice]

Ok ok. This will be something to put your thoughts into it, before you make your purchase. I hope will have time to think about a strategy before the land sale begins 😆

[brisk gull]

Same, also hope the start price for the auction will be revealed soon enough for me to accumulate enough sILV, or buy enough ETH.

[odd pumice]

Yeah, but I think we have to calculate way more because it'll be an auction.

[tender marsh]

it's a dutch auction. So initial price is pretty much max price. if I am not mistaken.

Resources are just bonus. It's all about the landscape and bragging rights anyway. 🙂

[brisk gull]

I think of it as a bonus as well, because the land price might do 10x a year after the sale. Not selling tho, especially if it brings a nice income.

[tender marsh]

I mean it would be even better if we have like status in discord. Owner of mythical land T5 or something. That will even hype the price farther. lol

[odd pumice]

I had to look what dutch auction is xD this is cool and proofs again that the people are really thinking a head. Love it ♥️

[pine dune]

just read through the GDD and tokenomics and i think my brain had a stroke 🤯 but excited for what's to come!

[tender marsh]

I can see it now. 20k land pieces. sold out in 15 seconds.

[gleaming flicker]

I'm hoping Zero leans towards the style of old school city building games like Pharaoh, but with sci fi vibes. Spent months playing games like that and civ when I was a youngster.

[brisk gull]

Yea, there is so much info in there, had to take some break to assimilate everything 😆

[odd pumice]

I plan to buy land so that I can keep financing my play time in the main game. If a round trip in the MG costs 50$ then I want at least have enough land/ production facilities to be able to pay for it. So let's say I put in 5k for the land and buildings, after 100 trips the land would have payed it self off. (That's of course in a perfect world 😂 )

[odd pumice]

Yeah, that would be dope. Some old school vibes 😄

[odd pumice]

Where did you see that? Or are you just assuming?

[tender marsh]

That's future headline article. 😄

[brisk gull]

That's a nice way to view it, can't wait to see it approved, then we will start seeing leaks about this game as well.

[keen bobcat]

Same here. Haven’t heard of that term before lol

[mighty portal]

Is the white paper on this mini game out?

[dense cipher]

Yes that’s it but the guys are smart enough 🙂

[dense cipher]

Yes you can find it in this channel someone shared it

Gonna look for it and sharing if I find it 😂

here:
#809220563397902346 message

[ocean hollow]

what is dutch auction and why does it mean no gas?

the bid is not in the blockchain?

[odd pumice]

Price has been decided before the ssale. And you have to pay gas fees cause the sale will happen over the main chain and not over IMX.

[ivory vine]

Because it starts at a high price and slowly trickles down until someone is willing to accept the price its at instead of tons of people trying to rush a mint or bid something arbitrary. For more, please google dutch auction, this is not an ILV concept.

[odd pumice]

Go to the pins section. There's part called SPOILERS. When you click on it a PDF with the complete breakdown will appear.

[ocean hollow]

ah thanks... so exactly the way i sell my axies in the marketplace... got it

until suppplies last... the price will go down

[mighty portal]

Ty all

[odd pumice]

The main game will happen on IMX layer solution. There you won't have to pay for gas fees. I think (not sure though) you'll have later, after the purchase of the Land,m to transfer it from the ETH main chain to IMX to play the mini game with no gas fees. But that's just what I think.

[dense cipher]

Yes idk this too

[eager timber]

Wich date will be the land sale?

[brisk gull]

If approved, it is estimated in about 12 weeks, nothing confirmed.

[slow cedar]

Aaron confirmed they are hoping to do this mid way through 2022, but are also looking for shorter term solutions too

[dense cipher]

Hope so

[hoary wraith]

There needs to be a wallet cap or captcha or something for the Dutch auction otherwise it will turn up like the yieldgame guild Dutch auction where 10 whales instantly bot buy everything and resell for a much higher price to everyone else

[cosmic aspen]

if a bot buys up everything at the beginning price....that will be so much money for the DAO

[ivory vine]

Which wouldn't be any issue here at all because that would mean a ton of revenue for the DAO. Those lands are no governance tokens 🙂

[cosmic aspen]

and 1 entity buying all the lands isn't really an issue because we're a DAO. we can vote to make land do nothing if we feel a bad actor is ruining it.

DAO first babyyyyyyyy

[hoary wraith]

Is the land location going to be random/unknown at purchase or can you pick and choose land next to each other?

[slow cedar]

And it depends on starting price. Start at 100,000 eth for all I care

[hollow kettle]

Aaron has mentioned the price could follow exponential decay. This mean it will probably start really high, fall really quickly and then slower and slower :) Depending on the rate of decay maybe 100,000 eth is not unrealistic

[slow cedar]

Then let the bots all buy it up, and I shall bathe in ILV price increases

[ornate bramble]

IMO it makes much more sense for the DAO to purchase at least one Tier 5 land piece. This will also generate revenue back into the DAO/platform, especially if used for battle streams and resources.

[cosmic aspen]

one for the DAO is a good idea, but i think better than "purchasing" it would be best to just reserve one and forego the revenue it would have generated in a public sale

7 t5, 6 on public sale

[ornate bramble]

I definitely think reserving/appointing one is best! Just didn't know of the gents would agree to it with keeping a fair drop on everything. But for the good of everything, I would certainly vote for it.

[potent dock]

I don't understand the logic there - T5 land is pure swag, T4 should be mostly equivalent revenue generation, but without the custom landmark. What benefit does the DAO get from getting a custom landmark?

The DAO already gets a portion of resources generated (indirectly) by land, so it's really just the landmark being reserved. Care to explain that a bit more? I might be missing something.

[cosmic aspen]

t5 is where the tournaments will be held, gaining fees from the tournaments

[ornate bramble]

Was Tier 5 the top one? I meant the highest level land, which is being considered for use as the live battle arenas. Holders would get a portion of streaming revenue, advertisement, etc

[potent dock]

Oh that makes sense - if the DAO holds one, doesn't that remove all of that revenue potential from other T5 land?

People could hold custom tournaments and stuff on their land, but wouldn't it just become the default to use the DAO owned land for anything Illuvium backed?

Not being held hostage for tournaments is a good thing though.

[little moon]

i assume we dont have any price estimates on land?

[ornate bramble]

Also if battles are happening on top of these land pieces people expressed concern that people could potentially sabotage the game by not allowing the arenas to be used. Of course the DAO could vote and dismantle the arena land but would make more sense to obtain 1-2 pieces for the DAO to control, IMO.

[cosmic aspen]

not sure how it'll shake out, but it's an interesting thought

[potent dock]

Could just fix the price of tournament hosting to a reasonable value and bypass the whole issue.

Stops any issue with the DAO's land being the absolute go-to for all hosting. I do think any system in which gameplay can be compromised by someone charging extreme prices for hosting is flawed though.

[ornate bramble]

It will go far beyond the price of hosting. Think real world going digital. Depending on the number of viewers, advertising will become a huge source of revenue as well.

[little wagon]

I don’t see it that way,.... 95% of revenues is for the Dao,.... better sell that land for a high price and let the rest come in. #maxRevDiv

[ornate bramble]

But this will always leave the game vulnerable, well at least the tournament battles.

[potent dock]

Yeah, advertising could be huge, which would be an incentive to actually host tournaments on your land. If that price is fixed, people can use the land with their favorite arena for tournaments.

My concern is mostly that the DAO holding a piece of land makes it an obvious choice for hosting, removing a lot of the incentive for people to buy T5 land in the first place.

[ornate bramble]

I think that will depend on how many tournaments will be hosted at one time. For example, if 100 can fight at the same time on one piece of land, but 1000 are ready to battle, people will go to other lands. Some may also attract those who are less skilled.

But, I'm just speculating as I have no idea how they are planning for it.

[amber atlas]

(originally at least) the idea was that there is some official set of tournaments that are distributed across the arenas, i.e. a season of tournaments, one in each arena... if the DAO held an arena it would probably be cool to have the grand final at that arena

(this doesn't preclude custom tournaments, but I think it is reasonable to assume that the main season tournaments would be the bigger ones... but of course some whales might raise huge interest in their custom tournaments too)

[little moon]

Is there any more info about the land sale?

[amber atlas]

I know Aaron has a paper prepared, but I can't see that it is published anywhere yet

[little moon]

Ok thanks. I will be looking out.

[ocean hollow]

Question about dutch auction: will tier 4s be auctioned first before tier 3 and so on...

[odd pumice]

Go to pinned messages. There's a button called SPOILERS, there you'll find a PDF that explains everything.

[brisk gull]

I think Johnny was talking about Aaron's official proposal.

[amber atlas]

indeed, specifically with regards to details of the land sale, I'm reasonably aware of the GDD having written about half of it 😉

[fallow igloo]

I don’t think would remove the revenue from the others because he made it sound like the tournaments would rotate and be held at the different arenas. So each one could have it’s own different type of sponsors/advertising etc.

[timid folio]

Assuming a $100m total land sale, what would be the revenue distribution per ILV?

(As of right now. I understand there's a 10 million total supply)

[brisk gull]

It would be 10$/ILV assuming 10m ILV staked, my estimate would be around 5m since seed/team are elligible for that. So, I would say 20$/ILV.

[timid folio]

Thank you! Do we know how many ILV tokens are eligible for revenue distributions at this exact moment?

[potent dock]

There's something like 640k ILV in circulation right now.

[timid folio]

But aren't seed investors eligible as well?

[brisk gull]

650k in circ + 310k distributed through staking + 3.5m for team/seed ≈ 4.46m. Not all in circ are staked tho.

[timid folio]

Thank you again! Based on your answer I'm guessing there's no way to know how many tokens are staked?

Whoa.. why'd my name turn green? That's pretty cool.

[brisk gull]

You could look into etherscan to see how much ILV are in the staking pool to get an estimate.

[brisk gull]

You turned lvl 2 in the discord, it will change again when you reach 5.

[tacit cliff]

😎 👍

[unreal bobcat]

it doesn't change again when you hit level 5 i am higher then level 5 and i am still green

[limpid pendant]

Have read through the tokenomics paper and the IIP-10 and am still trying to work out what the utility of the land is? For example, what benefit does the Land offer to the main game?

[unreal bobcat]

did you read the spoiler paper?

[limpid pendant]

Good shout, I did not. Shall dive into that. ty

[timid folio]

For anybody curious, I calculated how much each ILV token would be paid in the event of a $100 million land sale at this very moment:

ILV in Sushi ILV/ETH Pool: 140,492
ILV in Core Pool: 312,239
ILV for Seed/Team: 3,500,000
ILV for Treasury: 1,500,000
ILV from Balancer: 350,000
Total ILV Eligible for Revenue Distribution: 5,802,731

$100,000,000 / 5,802,731 = $17.23 per ILV in revdis

I know this isn't practical, but I thought it was a fun exercise.

[mortal merlin]

Good rough estimate yea since we don't know the weight of everyone's token.

[timid folio]

Oh yeah. So at this moment you would be able to say, if you're staking with 2x weight, you're guaranteed at least $17.23 per token.

(In this hypothetical scenario)

[brisk gull]

It's a different green, you go from Valain Survivor to Valain Ranger.

[unreal bobcat]

oh

[brisk gull]

Nice estimate! That's interesting to see.

[cosmic thorn]

Treasury is also eligible to RevDis from my understanding: +1.5M + 350k (remaining tokens from balancer sale)

[cosmic thorn]

Will all 100k lands be sold before IZ launch or only the initial 20k?

[ivory vine]

Aren't people forgetting 1.5M ILV (+ the 360k or so leftover from Balancer Sale) for the treasury in those calculations?

[rotund epoch]

Yup

[torn seal]

but the revdis of x$ amount per token will be distributed in ILV correct?

[ivory vine]

Correct 🙂

Unlocked ILV that still has to be claimed though.

For the land sale it still needs to be seen how that would be paid out though. Might not be all at once due to the high impact on the token economy etc.

[torn seal]

makes sense. 😉 In any case, it will be a exciting event

[drowsy fox]

when is land gonna be for sale?

[cosmic aspen]

no date yet, proposal has yet to pass

[copper glen]

Any idea where Aaron will post the proposal once it's finalised? In here or one of the governance channels? @cosmic aspen

[cosmic aspen]

formal proposals are submitted into the #📰〕governance-news channel. then voted on by the council members

[timid folio]

Please let me know if Treasury and Balancer needs to be added and I'll edit my post so I'm not spreading any bad info.

[ivory vine]

I'm pretty sure Treasury needs to be added as it is eligable for RevDis. Since Aaron mentioned the leftovers from the launchpad (meaning those tokens from the 1M that aren't in circulation already) were added to the Treasury for now, I would expect them to be treated the same way, thus also getting RevDis.

[timid folio]

I have edited my posts 👍

[tacit cliff]

https://tenor.com/view/tommyboy-awesome-gif-18863432

[zealous pawn]

well done! Questions. The 313k rewards that are already vesting for stakers don't qualify for revdis?

[ivory vine]

Claimed ILV from yield farm that is staked in the ILV pool already is eligable for RevDis 🙂

[zealous pawn]

💪

[tacit cliff]

👀

[lime pumice]

wen land

[unreal bobcat]

12ish weeks wait for the proposal. Should be out soon

[sick cipher]

will all land be auctioned only?

[wind bolt]

So is there any advantage for early adopters in terms of getting land, or is it going to be all whales?

[sick cipher]

seems to be a war of whales which we all in turn benefit from as well to my understanding

[wind bolt]

And if you don't get any land can you participate in the minigame?

[sick cipher]

if i could get land(likely anyway) id rather have it go to whale wars with big plans

[wind bolt]

Can us poors play this though?

[wind briar]

All these questions are answered in here #809220563397902346 message

Attached pins also has a GDD you can read.

[wind bolt]

Sorry, I'm a smooth brained ape, can anyone dumb down this sentence?

"land sale would consist of 100k plots of land sold over a large timeline, in much the same way that yield farmed tokens are distributed. Thus giving those that are early supporters of the project the opportunity to take part in an Illuvium universe gaming experience"

the auction will last for a long time so that gives early adopters a better opportunity at buying?

[unreal bobcat]

This first auction is only like 20k plots. They are going to break up the sale of land over the course of the game.

[sick cipher]

In a Dutch auction manner

[wind bolt]

Makes sense, but what advantage does that give early supporters?

[sick cipher]

Good question .. I think it has to do with the revenue received . Might be the first revdis ?

[wind bolt]

or is it as simple as, being in the first land sale gives you an advantage cause its the first one

[crimson abyss]

Nothing is set yet, so aside from early staking rewards and rev dis, or the ability to claim rewards as sILV, I dont see early supporter benefits from what has been discussed

[vivid cipher]

Yeah I think this is it. You get the chance to buy the land directly from Illuvium and not on a third party thing like opensea. I imagine The hope is the that price it is sold at in the auction could turn into a floor price for the land in the future.

Additionally you could think of the advantage as being in the first group of people to be able to start “mining” fuel in the game. Early adopter status.

[wind bolt]

That makes sense, when I read that I thought it meant, "if you are an early adopter you have some sort of leg up in buying the land" but I dont think that's the case

[fallow igloo]

They decided to not have it be whitelisted and go with the Dutch auction to increase the revenue from the land sales hopefully

[sick cipher]

It's going to be insane the bidding war 😂

[lime pumice]

whales win you lose

[fallow igloo]

With the Dutch auction it actually starts at set price and when you “ bid” your actually just buying it at that price. After a set amount of time the price will reduce if not bought

[vivid cipher]

Like falthorax said… the price will START very high and over time it will go down. Every individual land nft will have its own auction. Many of them will be run at the same time. Pick one or some and watch the price go down and click buy when you like the price. Boom no war… just fomo. Whales and apes might buy a few at the start but that’d be pretty dumb. They’ll start at a pretty ridiculous price point. And go down at a pretty steep curve.

[crimson abyss]

Doesnt everyone in a Dutch auction pay the same price? Bidding starts high, but the high bidders just guarantee a purchase. The lowest bid while inventory remains sets the price for everyone in that auction. That's at least the traditional way it works in other industries from my understanding

[vivid cipher]

Yeah except each land nft gets it’s own separate auction. Because they are UNIQUE

[drifting pond]

@vivid cipher what are the starting price points?

[vivid cipher]

They are not yet known. Too far out. I’d guess 1 ETH would be the high starting point for tier 1s. But this is personal speculation.

[low geode]

It sounds like they are specifically trying to make it that way. In the beginning they were talking about white listing it but then changed direction

[vivid cipher]

The discussion was mostly on figuring out if there was a way to make a whitelist that was a reasonable alternative to what is being done now. It could not really be done.

[drifting pond]

Will there be a purchase limit?

[unreal bobcat]

Your bank account

[drifting pond]

These land plots are going to be bought up in seconds if there isn't a purchase limit.

[unreal bobcat]

The auction prices will start sky high so if they want to pay ludicrous prices for T1 property that can not return on investment they will lose money

[trail kayak]

with high start prices and exponential drop off we (stakers) could only hope that land is scooped up in seconds...
but it’s not going to happen

[tender marsh]

Hopefully the auction start off with T5 and move down toward T1. If you got outbid in the higher tier, you can always gobble up the lower tiers.

[unreal bobcat]

It's not a auction with bidding. Look up dutch auction. It starts high and gets progressively lower

[tender marsh]

I know what a dutch auction is 🙂

[plush turtle]

I hope I can buy 10pcs of land for 1 eth

[blissful storm]

I think that's extremely optimistic

[plush turtle]

🤷

[unreal bobcat]

They said T1s might go for around 1k but who really knows

[plush turtle]

1k eth?

[blissful storm]

I wouldn't be surprised if we don't see them below 0.5 ETH

[unreal bobcat]

1k usd

[plush turtle]

I just realized. 1k eth. HAHAHA. Doesn't sound very realistic

[unreal bobcat]

These lands have the ability to provide passive income after buildings are built on them. Once everything is released about them people will prob try and determine what revenue it can provide and how much it would cost to even build the buildings that produce revenue. A lot of unknowns

[brisk gull]

I hope that I can get at least one so I can play it on my cellphone while working 😆

[plush turtle]

loans 100k from bank - mortage house twice - sells kidney

[brisk gull]

Also I guess the more you build on your land, the more it increases in value, since a lot of time has been put into it.

[unreal bobcat]

Yeah I want at least 1 haha but I'll definitely crunch the numbers to determine if it's worth

[tender marsh]

just get T0. they are cheap.

[unreal bobcat]

They are free arnt they. Everyone gets a T0

[tender marsh]

I am not sure if the 100k count t0.

[unreal bobcat]

They definitely do not

[tender marsh]

you dont need land to play . at least I don't think

[fallow igloo]

No T0 is not for sale

[plush turtle]

T0 is f2p

[fallow igloo]

They are the f2p land that everyone starts at

[tender marsh]

ah ok. yeah. so there you go. everyone have at least 1 piece already

[fallow igloo]

No you don’t own the T0, it’s basically public land

[glad laurel]

T0 is f2p and no earning potential

[tender marsh]

yeah I see in the pinned.

[amber atlas]

T0/f2p land is land without land 🙂

basically it lets you enjoy all of the gameplay without being connected to the blockchain

[tacit cliff]

no land land 🤣 = f2p land

[mortal merlin]

Assets are server side

So if you sell your land, no progress is saved with it

[amber atlas]

long term (v2 and beyond) this is open for discussion

[mortal merlin]

Good

[tacit cliff]

so you need to HODL again😆

[amber atlas]

I mostly worried about people selling land with stuff on it, then just before the sale goes through destroying all their buildings which would reclaim some percentage of the resource for them

so we would need some kind of locking mechanism to say "I'm going to sell this and I can't change it any more"

or some such

anyway, its a problem for future us

[mortal merlin]

Yea make sense

[tacit cliff]

" lock down " decree i guess . . . locks all building upon sale offer🤔

[kind hatch]

Could use a third-party decentralized arbitration project with an asset ‘lock down’ tied to a smart contract. If any issues arise a case could ensue to handle the dispute.

[quiet aurora]

I assume with that statement when someone sells their land the buildings come with the sale...

[thorn moon]

BitDAO just did their token sale using Dutch auction earlier today, I thought it actually went very well for their token. How do you guys think ILV will be doing theirs? One at a time? Possibly all up for grabs at the same time?

[severe karma]

I wonder what the minimum amount would be to participate in the auction

[vivid cipher]

20,000 in the first sale. And that first sale may have a few different sections to it.

[crystal smelt]

What is this channel for ?

[ivory vine]

To discuss the mini-game. Check the GDDs in pinned messages for more info 🙂

[tacit cliff]

https://tenor.com/view/hello-there-baby-yoda-mandolorian-hello-gif-20136589

[ocean hollow]

About the auction... Do tier 4s go on sale first

[ocean hollow]

Then lastly the cheapest... Tier 1s

[dreamy patio]

the cheapest is T0 = public land is free kek

[crystal smelt]

The game seems nice 🙂 How can we test it in the Beta ?

[potent dock]

Check Aaron's message pinned in #795444126421483520

[crystal smelt]

I am speaking about Illuvium Zero 🙂

[dense cipher]

You can see everything in the beta test channel

[crystal smelt]

I already apply for the Beta of THE Illuvium game

[dense cipher]

Ooh I don’t think there will be

[crystal smelt]

OK thanks 🙂

[ember hill]

Have they said yet what info you'll have about the land you're bidding on (not just tier, but location, features, setting, etc) or is it more like an NFT minting project where there's a bit of a roll of the dice (either way sounds great imo)

[dense cipher]

No news for this, I think we gonna have everything from the staff before bidding

[vivid cipher]

@dense cipher actually it has been quite clear from Aaron that you should be able to see as much info about the land as possible before you buy it in the auction.

[wise flume]

So will there be any use for tier 0 land?If it cant produce fuel or erc20 tokens what does it do?

[glad laurel]

It's just a game - no interaction with the blockchain

[umbral pine]

is there a trailer for the mini game?

[ivory vine]

No.

[thin wolf]

So we can buy land with Silv?

[thorn crown]

yes

[ember hill]

future land barons here: https://etherscan.io/token/0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2#balances

[ivory vine]

If the current proposal is approved as expected, yes.

[trail kayak]

1489 👀 👀 👀

[lost torrent]

imagine if he doens't get a land, he has a s* load of money to spend in game

[fallow oxide]

Was there ever a rough date of the land sale discussed or is this something that will be outlined in the proposal?

[glad laurel]

Believe I've heard 10-ish weeks after approval?

[wind briar]

It was outlined in the proposal, you can check it out in #809220563397902346

[fallow oxide]

Ahh cheers.
I had read that, I must have a woeful memory 😬

[severe karma]

Can we buy land without silv?

[ivory vine]

Yes, with ETH - if the proposal gets approved

[tacit cliff]

wish that proposal get approved

[sharp galleon]

This dude takes almost 3k SLP and 500 ? ILV. He claimed these 1.4k sILV in the last 7 days. He can claim 6k sILV a month. If he doesnt get Tier 5 with 6k sILV, then I dont know who will lol

[jade narwhal]

Shrimps should unite and pool some eth to get a good plot of land. Fractional shares, essentially. Create a council and vote on how the land will be utilized.

[glad laurel]

We'd need a token, a DAO within a DAO

https://tenor.com/view/inception-deeper-go-deeper-we-need-to-go-deeper-leonardo-di-caprio-gif-16756828

[bleak loom]

I will just go ahead and ask the stupid question: what are you guys discussing here 😆

What land are you talking about, and how is it related to the game?👀

[crimson abyss]

Read the pinned messages - spoiler game design. Proposed mobile game for resource generation tied to main game

[dark ivy]

Anybody know of you can send fuel directly to people or you have to sell it?
Or i mean have any from the team said any thing about that

[unreal bobcat]

I heard it sells the fuel directly to the game so you get a % of fuel sales on what ever fuel you are producing

so when people use a certain fuel type to craft/cure shards if you are producing that type you get a % or something like that

[thin wolf]

good overview of the proposed land count

[cosmic aspen]

i believe these numbers have been revised, i know for sure there will be 7 t5

iirc less than 2000 T4 as well

i don't think the numbers, other than t5 quantity, have been detailed

[dark ivy]

Ahh so you can't really help your poor friends out 😅 Only with ETH

[polar cosmos]

Should I have the sILV on my wallet now to be able to buy the Lands? Is ETH enough too? When +/-, can we expect official information? Will everyone have an equal chance to buy the Lands?

[proud cipher]

So…. Do we know if ILVzero is going to happen? If so when? Sorry new here, mobile only as well so this sounds great.

And is it going to be possible to get ilv and rewards to game? Etherium just wanted $72 for a simple claim of .002 sILV. I’m not good at math, but that’s fkd up:(

PS- I was kicked off telegram for saying Etherium blockchain is of the devil. Absurd fees. Unuseable

[cosmic aspen]

yes, the proposal is up before the council to vote on now. if it passes, it will begin development

[cosmic aspen]

yeah maybe don't continue to do the thing that might've gotten you kicked out of telegram here in the discord as well

[cosmic aspen]

if the fee to claim is much more than what you are claiming, you should wait to claim until you have more rewards that will justify the cost

[thin wolf]

to be fair the claiming contract is not that optimized,compared to for example Mstable Mta claim i would pay 16USD and to claim my ILV i need to pay 62USD..

[cosmic aspen]

because the contracts seem to do similar things does not mean they are similar behind the scenes

[opal thistle]

Yeah I also think it's a bit crazy this gas prices, not even local banks have this transaction rates

[thin wolf]

Claiming through a Yieldfarm have pretty much been standardized as for contract interaction and made more efficient even with lock ups unless there is something iam missing.

Looking at it now,metamask has not fully intergrated the Eip1559 and is giving estimates that are way higher than it actually would be when transacted🤔

[torn thorn]

Question- What is Illuvium Zero?

[opal thistle]

A minigame, #🎮〕illuvium-zero

[brisk gull]

It gives you an estimate price according to the gas limit, but it never uses all the gas, so it end up costing less.

[torn thorn]

Anywhere I can find more details on it? I am looking through the whitepaper right now and I only see it mentioned on the roadmap

[thin wolf]

I know,i see the same with Ruler protocl for claiming and before Eip1559 it would be ball park,but after it has been from 3-7 times higher than actually used.Metamask is still in Legacy it seems.

[ivory vine]

Detailed GDDs can be found in the pinned messages in here 🙂

And there is more info about the proposal by Aaron pinned in #809220563397902346

[torn thorn]

Gotcha, Thanks!

[brisk gull]

I don't know much about this, but it makes sense.

[pulsar carbon]

I actually really like this idea. Does anyone know off the top of their head how someone like me could go about organizing that sort of thing? (Reference point: I have a lot of general programming experience, but I'm new to the blockchain.)

[proud cipher]

Well, ya;)

[proud cipher]

OK, so I there another way to store and access liquidity pools and staking that will let me claim for reasonable fees (Harmony, BNB- fractions of a cent on Harmony) other than MM? Sushi?

I know ILV is on “theblockchainnottobenamed”, but is MM the only way to interact with staking and so forth?

Can y’all recommend a better wallet, iOS mobile

[cosmic aspen]

MM is strongly suggested as we can assist you with most if not all metamask questions/issues/advice

[proud cipher]

Right, but it was just mentioned MM is insane legacy fees and hasn’t integrated with London fork and EIP

Sorry, I am use to Harmony, BNB, and Elrond transaction fees. Etherium fees are freaking me oot

[pulsar carbon]

So, serious question for anyone here. How many people would be interested in setting up a DAO to pool assets for the land sale?

[unreal bobcat]

i want my own land 😠

[pulsar carbon]

Oh, same. But I'm also really interested in those T5 plots, and I'm pretty sure none of us have a fraction of the assets that would be needed to get at those on an individual basis.

[cosmic aspen]

metamask's latest release is EIP1559 compatible and doesn't add any additional fees on to a transaction, it's just a glorified interface to blockchain interaction

even if you "overpay" by sending too high a gas limit, it will only ever use the actual required amount of gas for the txn

gwei can, and should be adjusted manually according to the current gas fees and how quickly you wish the transaction to complete

[pulsar carbon]

Also, I can't help but think it'd be kind of neat to have one of the very limited top tier land plots be community owned.

[proud cipher]

OK, thank you

[unreal bobcat]

i don't think we mere peasants can match a whale to get a t5 land

[severe karma]

I'm in for pooling. I have a lot set aside for land

[unreal bobcat]

even the early stakers that bought in at super low prob make 1k a day in profit.

T5's will go for over 100k def

[severe karma]

If your interested in trying to set that up we have close to 3 months, dm me so I don't forget who you guys are

[pulsar carbon]

Depends on if enough people buy in, honestly. Probably not if we've only got a handful, but if something like a hundred people decided to make this a thing?

[severe karma]

I think it just depends how much $

[proud cipher]

3 months before ILVzero? How far out is Illuvium full game?

[severe karma]

Full game is end of year,, Lol meanwhile I don't even have land in real life 😅

[pulsar carbon]

Is ILV zero guaranteed to be post-land auction?

[proud cipher]

RL land is so last millennium lol

[unreal bobcat]

if we pooled for the land who's wallet would the land end up in and how would the profits from the land be shared

[pulsar carbon]

So, the intelligent way to do this would be to create an actual DAO for it.

Quite frankly, I wouldn't trust a stranger on the internet to manage a six figure value NFT without oversight, and neither should you.

I'm still learning about DAO's as far as the details go, but the rough idea I've got in mind would be that you'd contribute ETH (or maybe sILV) to the DAO's account, and get back the DAO's token. That would entitle you to whatever fraction of assets the DAO has.

[unreal bobcat]

what if you rug pull us 😦

[pulsar carbon]

The entire point of a DAO is that I shouldn't be able to do that. As in, straight up, once it's set up, I can't access the account or make changes without a community vote.

The difficulty here is that while I think DAO's created through the alchemy tool can do all the stuff I want them to, I'm not sure, and there's definitely some points I'm worried about.

(For instance, actually coordinating the auction. We clearly can't use the normal vote protocols for that, they won't be fast enough. Someone would have to be authorized to make auction bids before the auction, and I'm not sure how/if that can be done in a secure way.)

The other point of difficulty is that the smart contract needed to create a DAO through the tool costs about $600 in gas alone. And while I could cover that, I'm not about to unless I'm certain the idea is going to work out.

Yeah, I think to make this more than just an interesting idea, we'd need at least a handful of people prepared to join, and someone with more DAO experience than I have to confirm it can all actually work.

Although the great thing about the land sale being ~3 months out is that there is time to figure it all out if there's enough interest and expertise behind the idea.

[mortal merlin]

Over 5M.

[unreal bobcat]

we got whales that big???

[mortal merlin]

Sure hahaha

I know some.

[nova plaza]

Based on Kieran's description of T5 land in both rarity and potential value (especially for a large, established sponsor/brand), I think the minimum starting price for the reverse dutch auction of these lands should be 8 figures in USD. It is going to be bought up (either at first or eventually) by a combo of Esports orgs, P2E guilds, Digital Asset Holding groups. The potential revenues could easily exceed 8 figures as they get a percentage of multi-million dollar prize pools.

[unreal bobcat]

you know people willing to drop 5mil on land holy moly

[mortal merlin]

I still use the old version. Should I update? New one looks funky

[cosmic aspen]

i did, it doesn't really make any difference or so i've noticed

just awkward to use with the tip fee part

[pulsar carbon]

Honestly, can't say I'm surprised at that level of price tag. It's kind of cool, but it does make the idea of crowdfunding a T5 purchase much harder.

[tender marsh]

can't be an overlord without an arena with your name on it.

[cosmic aspen]

https://tenor.com/view/smart-thinking-thoughts-think-ponder-gif-7713620

[tender marsh]

We do have something call the G7 ... coincidence I guess.

[mortal merlin]

Hahahaha

T5 price is : do you own a country?

[tawny sandal]

That's a lot of revdiv 🤤

[pearl scaffold]

When ?

[fallow igloo]

When what??

[pearl scaffold]

Zero lunch

[fallow igloo]

They plan for before main game launch in Late Q4 December time

So Zero would be potentially pre-Decemberish time

[pearl scaffold]

Aight aight thanks

[tacit cliff]

why not continent?🤣

[tender marsh]

we have to be humble. let stick with country.

[tacit cliff]

alright alright 😆 🔥

[jade narwhal]

not sure how it's done but I know it can be done. Maybe we don't get a t5 piece of land but a tier 4 or even lower may be worth having for the resources.

[deep iris]

The lower tier lands probably have good utility too. Super curious to see the price points

[fervent wolf]

Are there any guesses around what T1 and T2 will go for?

[tawny sandal]

I've heard $1k for T1 mentioned a few times

[tribal badger]

I hope it's at least less than 5k

[potent dock]

I'd be surprised to see T1 go for sub- 1 ETH.

I might end up surprised though.

[nova plaza]

Not a chance imo. We have emotes going for 4 ETH lol.

[potent dock]

The fucked up thing is emotes are more limited than land, by an order of magnitude.

[nova plaza]

True, but only one has perpetual access to generating valuable resources in-game.

[tribal badger]

Do we know how many lands there will be total?

[potent dock]

100k

[potent dock]

I am, at the very least, super excited to see how the land sale goes.

[cosmic aspen]

yeah but like, emotes can generate valuable resources in-game too...enemy tears.

[potent dock]

People have a bunch of differing expectations for it and I wanna see who calls it right. I've heard everything from $200/T1 to a $10k floor on T1.

Only the sale will tell haha

[nova plaza]

Price discovery, it's a helluva thing.

[jade narwhal]

i love the idea of a DAO within a DAO. Fractional ownership. Everyone must be willing to throw (x) at it and we (hopefully) end up with tier (z)

[fervent wolf]

DAO is interesting. I think i'd rather own a T1 or T2 on my own too but. Not sure if I'd pay much more than $1k for it though 🤔

[vivid cipher]

I’d imagine the tier 1 floor would maybe be close to the cost of ILV. As that will be the value of 1 sILV at the time of the sale. Maybe as low as .1 ETH. But that’ll be the bottom.

[vivid cipher]

Personally I don’t think you’ll need to

But speculation is RAMPANT

And I should stop doing it.

[potent dock]

That's actually an interesting way to look at it.

I wonder how many people are banking sILV for the land sale right now - a spike in price would really help their purchasing power and probably drive overall spend up.

[unreal bobcat]

You have to remember this is the first land sale. Land might go for super expensive amounts until people figure out how much income it can generate. Maybe best to wait for the 2nd land sale

[vivid cipher]

I believe all the land will be sold before the game is actually linked to the blockchain and linked to the fuel revenue system in the illuvium main game.

So there’s not really a way to know what the generation will will look like. Except I guess perhaps maybe the illuvium zero mobile game will launch and be playable without blockchain connection in like a beta form prior to all the land being sold. So perhaps there would be a little bit of knowledge available before all the land is sold. But it would still just be theoretical I imagine.

[unreal bobcat]

How? When the first sale is like a month before the game launch

[vivid cipher]

Hmm I’ll double check the timeline

[unreal bobcat]

When the land is sold is when they plan on releasing the mini game though.

Only 20k is being sold at the first sale and they plan to sale the rest in increments probably 20k at a time

[hoary wraith]

Why are there 11 pages of people who own less than 0.1 sILV. The transaction costs more than how much sILV they got

Most of them own less than 0.01 sILV so the list of actually meaningful sILV holders is pretty small

[frail arch]

I haven't purchased any but I would assume ppl buying .01 just wanted to be involved and do not have as much money as some ppl would expect them to have

[vivid cipher]

This is the sILV dust created by the delay between the two transactions for claiming rewards from the SLP pool. There’s a message from Aaron awhile back that’s pinned in #🥩〕staking

[vivid cipher]

Nah sILV has never been bought yet. It’s not the same thing as ILV.

!silv

[dry forge]

sILV is a substitute currency that can be gained as yield when staking ILV. In game, it can be used to pay for any fee (excluding IlluviDEX trades and Leviathan Arena wagers) that otherwise would be paid for with the main currency ETH.

While claimed staking rewards in the form of ILV are locked for 12 months, sILV offers the opportunity to liquidate your staking rewards immediately. The tradeoff for that is that sILV only can be used in-game and does not provide compounding in any form.

[frail arch]

ah cool, ty

[sharp galleon]

forget it, I have stats about all ILV and SLP stakers. Just the Top 50 once they start claiming sILV to build a stash for the land sale will buy >80% of the land and that doesnt even count outside ETH buyers who will also enter with all the hype around the game. The price for Tier1 will be closer to 10 ILV than 1 ILV imo. But it depends on how much people lay aside for Tier 3s and 4s. Some whales will save for Tier 5 also. But I think Tier1 will generate a lot of demand. 1ETH is doable for many people in crypto and you get some land which can generate revenue also.

[heady bison]

So where is this document that describes the mini game?

[tender marsh]

It also depend a lot on price of ILV. Imagine ILV $1k+ when landsale hit. Expensive land.

[vivid cipher]

Check the pins in here. The one marked spoiler is the longest one

[heady bison]

@vivid cipher here? What where? Discord is so confusing...

[vivid cipher]

Yeah I was saying that more as ultimate rock bottom. You are certainly on to something.

[tender marsh]

We probably need more infos on how many total pieces of each type of land though, out of the 100k. Right now T5 has 7 piece... if they are going to release 500 piece T5 next round.... no one is going to bother buying this round.

[vivid cipher]

#🎮〕illuvium-zero message

@weary heath here (the above linked message has the initial game design doc) and in #809220563397902346 is the proposal to actually start creating this minigame. Illuvium: Zero

Check pins and threads in here for more info on this proposed game.

TLDR: land building game on land NFTs to earn revenue from maingame

[weary heath]

Just read the game design proposal and im very excited! 100% has my vote. Just dont want it to take away from the original game itself. Kieran has been very confident in his podcasts about getting it released the end of this year/ start of next year. Really hoping they can make that happen!

[dusk fox]

Hi I have a question: The Land is just sale for sILV, right?....so How can I earn sILV except staking? like swap ILV to sILV or ETH to sILV

[ivory vine]

If you'd read the proposal, then you'd see that it is NOT only sILV but ETH as well in terms of land purchases 🙂

https://gov.illuvium.io/#/ilvgov.eth/proposal/QmNab3vqQX3q2yTNSo1rwK5PzPgE8QxRnEA13jKz8gWQu9

[dusk fox]

Thanks so much.

[slender nebula]

ILZ likely releasing before Illuvium ? 🤤

[little moon]

So no release yet? 😪

[coarse wave]

yes

[coarse wave]

Q4 2021

[brisk gull]

They are talking of selling them over a large period of time, so the following sales could be easily after the main game release. Would allow access to people that discover Illuvium later. For this reason I would expect the price of lands to be higher for the sales following the first.

[dark ivy]

There are 7. In 7 out of 100k so only 1 or 2 for sale the first time ;)

[low geode]

I hate asking this but…I read the IIP and there was a Vote button. I am supposed to vote on it?

[thin wolf]

Are the lands in each tier the same?or are there random stats generated?

[low geode]

It said that they would have unique chars tics but would be roughly the same. Randomized with a set band with

[ivory vine]

No 🙂 Token Holders elect the Council (next election very soon for the upcoming three months epoch) and Council Members then vote on proposals 🙂

[low geode]

Haha, I was geeking out and then getting all excited. I didn’t do it because I was nervous. Thank you.

[thin wolf]

Ok thank you, so I guess during the ditch auction you really won't no until you win a slot?

[ivory vine]

There is no whitelist. Everyone will be able to take part in the dutch auction for land if you were asking about that (and the proposal is approved as is) 🙂

[hearty stirrup]

Beautiful, any timelines on when the actual sale will be?

[ivory vine]

It will be announced far enough in advance

[hearty stirrup]

Yeah okay, im sure it will be.
Will it be announced in the main channel? Details with sale and timing of Dutch auction?

[ivory vine]

Probably in #📣〕announcements and Twitter I guess.

[cinder fractal]

I think how sILV should have priority over eth in that way early investors will benefit otherwise we can see whales buying everything and small players without any land...

[shut sedge]

Very interested in this project! What is the reason and benefits for buying land?

[ivory vine]

Whales buying everything at ridiculous prices would be good for the DAO. You gotta try to look over your own plate to understand how decisions and actions impact the greater good of the entire DAO 🙂

[ivory vine]

There are detailed GDDs to be found pinned in this channel 🙂

[cinder fractal]

Never said how it's bad for us in general I would just like to have small piece of land :) maybe if small % of lend is reserved for early investors

[ivory vine]

Exactly, you would like to have. That is the personal bias almost no one really can get around 🙂 But it's worth trying, because anyone invested in this DAO and having a few ILV staked would benefit highly even if a few whales bought up every single piece of land by paying hundreds of millions in total. Why?

1. Because the headlines and news coverage would be amazing
2. Due to 100% RevDis, all that money those few whales would have put in (that isn't sILV), would go right back to the staked token holders
3. For them to even be able to buy everything they would have to either burn a ton of sILV (=drastically increasing the value of any remaining ILV due to a reduced max supply forever) and/or they would have to throw a ton of ETH at the project (=forcing the vault to do it's job by buying back a ton of ILV to re-distribute to stakers and thus having a huge impact on the token price due to the buying pressure)

So? Even if you would get no land at all, the implications for the DAO would be amazing. The only ones really missing out completely would be those who wanted land cheap for themselves while not even being invested in the DAO with ILV at all. And in that case I'm afraid, that's not how the world works and it certainly isn't in the interest of the DAO to make that happening somehow 🙂

[thin wolf]

Is the revdis distributed daily or weekly?

[ivory vine]

If I remember correctly it is multiple times a week but without a fixed schedule to get around bots.

[thin wolf]

And I agree with the above, whales are very beneficial for Ilv.just wish I was one at times:-)

[thin wolf]

Makes sense, and that would be in a different contract than the single staking one going now?

[cinder fractal]

Completely agree it's win win for me and anyone else who is staking ilv, I was just thinking how small % of lend something like 10% being reserved for only sILV purchases would be great, I'm not getting any land 99% either way small fish here :), thanks for you response!

[ivory vine]

RevDis has to be claimed but is unlocked, so it has something for itself for sure. Don't know any details about that though. Also - not really a mini-game topic anymore I guess 🙂

[candid elk]

I always get an iffy feeling trying to catch up on this chat because there is almost only investment talk in here. I still fear that the new player adoption for the mini game down the line(6 months to a year maybe) will be next to none because of the, most likely, huge barrier to entry for the play to earn element of the game

[ember hill]

there aren't many details about the mini game released so not much else to discuss yet 🙂 hopefully they do make both the main and mini games easy for anyone to pick up, even if they have no prior experience with crypto

[candid elk]

well, I believe the GDD gives quite a lot of insight into the overall(high level) gameplay of the mini game - also, it will not be easy to participate in the play to earn experience of the mini game down the line unless something changes. The only current way is to be a land owner, which I think will be very expensive, eventually, due to it actually having utility

Not thinking about the main game here, I love the way the main game is set up, which I think caters both to new players, older players, whales, and whatnot.

Whereas I fear new players will have a huge barrier to entry for the mini game (P2E element), because only land owners will be able to use the P2E mechanics

Have mentioned it a couple of times before, seems like no one else is concerned though 🙂

[trail kayak]

you are saying you are worried no one will be playing the game, despite the fact the community is growing at the rate it is and people beating down the metaphorical door to be beta testers.
yes I think it’s safe to say that very few share this concern because it’s a crazy way to interpret the community demand to play right now

[candid elk]

That's not what I'm saying at all, the only concern I'm raising is the barrier to entry for play to earn (ONLY in the mini game), 6-12 months from now (Maybe earlier, maybe later)

I believe both the mini game and the main game will be extremely popular, but new players will struggle to enter P2E of the mini game

[trail kayak]

based off of what? that lots of people want to buy land? we don’t have numbers or estimates on anything let. Is this a roundabout argument over wanting the DAO to benefit from land sales and wanting higher sale prices?

[wise python]

I have to agree with you here. I like the mini game and I think it'll benefit the DAO overall long term, but you're right in that the P2E entry for small fish is too high or too difficult. It's a bit weird considering the mini game was originally intended to be played before the main release came out, but is now evolving into something else. I personally don't really know how I feel about it at the moment to be honest.

[ember hill]

That's a phenomenon Axie Infinity is facing ($1k+ minimum to play the game at all) and they're still racking up huge player numbers. i think it'll work out

[candid elk]

I'm not sure I'm following what you're saying here, haven't even mentioned the land sales

[wise python]

A lot depends on the details that will follow though. Having the mini game be explained in a simple and elegant way will help a lot for entering in a p2e fashion

[trail kayak]

you literally said “only land owners will be able to use p2e mechanics”

[candid elk]

Agreed, I'm torn as well, only raising the concern because I want every single game to come from illuvium to have success long term, because I believe the team actually can achieve that

[wise python]

I think a lot of the discussions here stem from uncertainties around the actual implementation. Uncertainty means mixed feelings and a sense of not knowing how it will impact you or the DAO personally. And, well, people like to have control, especially when money is involved :)

[candid elk]

yes? Because that is what the GDD is setting the stage for?

[trail kayak]

this argument over barrier to entry has been going on as long as i’ve been here and in every instance it’s based off of unfounded worry

[candid elk]

Been here since march, have very rarely seen it mentioned. Especially for the mini game. Have seen it mentioned for the main game though, not that I am concerned about that whatsoever.

[ember hill]

aren't tier 0 lands going to be freely available basically?

[candid elk]

Yep, but they will not be able to participate in play to earn (For the mini game)

[wise python]

Discussions are not necessarily a bad thing. The team is always watching and them knowing where people are concerned or disagreeing with each other is very valuable for the end product.

[ember hill]

ah right. I guess we'll have to see how it's implemented. Even with the main game the p2e aspect doesn't really kick in unless you spend a little bit too, from what I can tell. That's not necessarily a bad thing as long as the minimum barrier isn't too high (but too low would be bad too)

having a minimum barrier to entry that requires both a bit of investment and a bit of skill is pretty key. otherwise you get bots galore

[candid elk]

I completely agree with you, too low: A horde of bots will take over, too high: Very few new players will be able to start the play to earn elements of the game. It's a difficult spot to land on perfectly, and I just fear only giving land owners access to play to earn, will end up in the "too high" category, down the line (Not in the beginning). But you are right, we will have to wait and see how it plays out

[trail kayak]

of course discussions and disagreements are healthy. that’s how we got locked seed/preseed excluding from yield farming. but so far i’ve only heard worry that mini game won’t be successful because you have to own land to utilize to fullest potential, which imo isn’t a valid worry, we have to set a minimum barrier to entry.
what is the specific GDD change or suggestion to alleviate this concern? as proposed the land component is well designed to make the dao successful, to prevent bots, and to ensure a healthy economy overall

if it’s just general griping that the game won’t be successful because players without land won’t be as successful because they can’t use p2e mechanics—without specific alternate implementation ideas, then it isn’t helpful in pushing things forward

[nova quartz]

axie has the scholarships where people without the funds can still play. basically it's free to play if you get a scholarship

[candid elk]

Jeez man, chill. Earlier on many different suggestions has come up, from Pelican and others, Aaron has said at one point he would be thinking about a solution to this as well, without discussion, no possible solutions can come up, no reason to just try and shoot it down immediately. Most of this was discussed in the threads that are now archived, though. So fair enough if you did not see it before that. Have to go now, will probably check back in later.

[trail kayak]

sorry friend. just super excited about the game was and was bummed to see community members say they don’t think it will be successful. we’re in it together 🤝

[unreal bobcat]

Its true that land will not be available for P2E for small people. There is free land people can play just for fun. Land is just a bigger investment into the main game.

[sacred basin]

I dont believe land will be required to play, but will give you a large resource advantage. might be wrong

[trail kayak]

you’ll be able to study illuvials, corresponding to the tier of land you have. so yes it will definitely be an advantage

[sacred basin]

I plan on trying to snipe some land, excited for the mini game

[pulsar carbon]

I'm convinced a DAO would be the way to do it (due to removing the need for trust from the equation), but that's strictly dependent on being able to rig it in a way that could actually participate in the auction.

[cyan wave]

Do we have a timeline on the auctioning of land and characters???

[ivory vine]

There will not be any Illuvial sales prior to release. Everyone starts fresh.

[potent dock]

I don't think Illuvials will ever be done by auction - they are obtained by playing the game only, and currently the plan is to not have any in existence before launch.

A formal proposal for ILZ was posted today in #📰〕governance-news - it needs to be passed first, then a tentative 10 weeks till land sale based on that document.

If it passes, of course.

[cyan wave]

so, what exactly are the nft's on Opensea? do they not give you the ability to redeem them for a character?

For Illuvium of coarse

[ivory vine]

!opensea

[dry forge]

Collectible Illuvium NFTs are already available on Opensea https://opensea.io/assets/illuvium All are limited edition. The emotes and m0z4rt skin NFT's are redeemable in game. Upon use, these NFT's will be burnt when applied in game. This is only true for these emotes, skins, and badges as they were bonuses for the initial ILV token sale.

There are also partner sets of very limited collectible NFT's. Those collectibles are not for in game use, this is so everyone has a fair and balanced start when the game is released. You can find out more here: https://illuvinati.gitbook.io/illuvium-archives/official-nfts

[potent dock]

Some of them are for swag (just rare or limited mint that look cool).

Badges give you a cosmetic badge somewhere around your name or on your acc. The emotes are emotes, but are not characters.

[ivory vine]

Also, these questions have nothing to do with the mini-game called Illuvium Zero, so please consider to use channels like #💬〕general or #814313779696238642 unless other channels fit your questions even better, thanks 🙂

[cyan wave]

ok, I appreciate you all!!!

[static pine]

What is illuvium zero?

[ivory vine]

Mini-game. Check GDDs in pinned messages as well as the latest proposal in #📰〕governance-news 🙂

[trail kayak]

check out the pinned messages in this channel. it will be a version of the game that works in conjunction with the main game

[static pine]

Will it be able to be played before the main game launches?

[brisk gull]

The first land sale is gonna happen before the mini-game launch for sure. After that, there might a sale every 6 months until we reach 100k lands, we don't know that yet.

[candid elk]

Of course, most details could change as nothing have been developed yet

[faint lake]

Did land get voted in yet?

[cosmic aspen]

proposal was submitted *9 hours ago - now there is a 72 hour period for the council to vote on it

[brisk gull]

But we already talked about that and I agree with you. Even for people that gonna take part in the first sale, the entry barrier is pretty huge comparing to the main game if the T1 lands sell for 1-2k. One of the many strengths of Illuvium compared to Axie is having a really low barrier to entry, but that might not be the case for the mini game. To make it more accessible, some p2e elements (buildings or whatever) could be available for all lands (including T0)

[faint lake]

Ty jeff

[candid elk]

Completely agree

[glad laurel]

I just feel like Illuvium Zero is in a weird place - like, all of the mechanics are oriented around the benefits you reap in the main game, yet F2P has absolutely no bridge. I mean, I certainly hope the mini-game is also fun, but while I can see the draw of playing the main game F2P just for fun I just don't see it for Zero.

[deep iris]

With 10k total land available, I’m wondering if T1 will actually cost up to 1 ETH as some speculate. With this community it’s definitely possible, but if that’s the case, how does the differentiation between the tiers and relative value play out. Since if T1 is 1ETH, T2 can’t be 1.5ETH (probably needs to be a moderate amount higher). Plus once the values are settled, how does the ROI play out for money spent on land vs amount earned from fuel etc. And since the land offerings will be done through many phases, how do the prices fluctuate between different land offerings. Super interesting case study on game theory 🔢 Fun to play out the different scenarios

[trail kayak]

Seems like a lot of the negative vibes is stemming from speculation on what land will cost.. and we don’t even know specifics yet! or that f2p won’t be “fun” because it’s not free (or insanely cheap) to earn.
Am I missing something? I’m super hyped for IZ and not understanding all the fud in this channel is all about

[lime pumice]

seems highly unlikely

axie has 1M players and a lowest tier of land is 4 ETH floor

[glad laurel]

I mean, I also feel like I am missing something - because at this point (and maybe it's just because we haven't actually seen it), I just don't understand why T0 even exists as it does.

[deep iris]

Wow that’s crazy! Was that at launch or did it appreciate over time? And do they have roughly the same number of land?

Also the fact that Illuvium land will have actual utility/economic incentives 🔥

[trail kayak]

to allow people on mobile to play the game, but not connected to blockchain? that was my understanding

[glad laurel]

Yeah, but why would I want to play the land game disconnected from the blockchain? Maybe it's just a matter of not matching my taste in games.

[lime pumice]

no it was much cheaper at launch. Highest tier was around $200. that is the point I'm trying to make. Years of dev and 1M players justifies current price.

I think the total lands for axie is similar, 15-20k total out there I believe. Also land is supposed to farm you AXS, which is quite valuable rn

[deep iris]

Fair point. In the end, there will be some anchoring based on where the dutch auction starts, but ultimately the market will drive the price

[glad laurel]

Like, if Zero is an ongoing mini-game that drives resources into the main game there can't really be a "win state" right? What is the F2P player playing for?

[lime pumice]

yeah. I don't see much point to very high land prices for the sale personally. It will just limit access and the rev share at the end of the day, given ILV mcap, would not be very significant to offset the land centralization

[glad laurel]

Not trying to be a downer or FUD or anything like that, I'm just trying to wrap my head around this. I totally get and like the mechanics of the blockchain connected lands.

[trail kayak]

to learn the game and story, characters, etc without having to spend anything. it’s more limited sure, but still allows for playing and learning strategy without needing any initial investment—a good way to try before you buy.
seems analogous to other games that are free up until a certain level, then you must pay for more levels.
free to earn isn’t a target as far as i know, we need a healthy economy and to prevent botting

[thorn moon]

Technically the player isn’t really playing for anything but fun at that point. There really has to be a limit to earnings for players, and if everyone could make money by just playing, it would ruin the economics of the metaverse

[trail kayak]

but the key point is that land will sell for what the market decides—it could go for less than expectations.
when land was super cheap on axie the model wasn’t proven, so it was more risk.
the model has been proven, so the level of risk is not the same for illuvium now as it was for axie when it first started

[deep iris]

The IZ Tokenomics pinned post says that T1 could notionally be around $1k. I don’t think that’s too high of a barrier of entry. Depending on the NFT/ETH market conditions at the time of land sale, at current prices that’s like 0.3 ETH. There have been a ton of 10k (insert random animal here) NFT drops with no utility that sell for 0.3+ ETH (and the first land drop will likely be a fraction of the total 10k land) so something in that ballpark wouldn’t see terribly unreasonable to me

[lime pumice]

technically it would be capped at dutch auction starting price. and now there is much more risk IMO. sure the model has been proven but this game doesn't exist yet and there is a lot more competition.

[glad laurel]

I get the economic impact and am not suggesting that F2P should earn from the minigame. I guess it makes sense to view T0 as a "demo" and having a large or consistent F2P playerbase isn't really a goal or concern.

[lime pumice]

other games have tanked due to similar mechanics. collecting a bunch of money for items because the market is in hype mode. then assets tank and they are left with salty playerbase

something to consider at least, unless it is just short term vision

[glad laurel]

Viewing it as just a "demo" of the real game has made it make more sense to me. Thanks, I guess I was just assuming the goal was to have a sustained F2P playerbase as well, which doesn't seem to be the case.

[slow cedar]

Is there any way to track how the councils votes have been cast on IZ? Or is it everyone voting and not just council? Been a bit out of the loop

[brisk gull]

The first land sale will be alongside the mini-game launch according to the proposal.

[deep iris]

https://gov.illuvium.io/#/ilvgov.eth/proposal/QmNab3vqQX3q2yTNSo1rwK5PzPgE8QxRnEA13jKz8gWQu9

[chilly hemlock]

It will be 100k land, not 10k. It will be 5 sales of 20k

[slow cedar]

I saw that, are we casting votes as individuals or is it just for the council to use?

[deep iris]

I believe for the council to vote but everyone can see the vote count

[slow cedar]

Ah OK, thanks :)

[thorn moon]

Just for council use, we can vote for those who’s votes matter in these proposals

[trail kayak]

yes I think you are on the right track. Aaron said basically you can do everything except earn with f2p:

#814313819185741845 message

and that’s why I don’t get all the negativity... it’s a game where you can do everything except earn when playing for free. free to earn isn’t sustainable so i think we are on the right path

[thorn moon]

Tbh, I’ll probably play even without a tier land 😂

[glad laurel]

And to me, the only point of playing Zero is to earn - so that's why I wasn't getting it.

[brisk gull]

I think you are right, I don't mind paying a lot for a land because I know it will increase in value. Also it is normal for us as we are crypto investor. But for a normie gamer, paying 1k$ to access p2e might be a bit much. Including pay2earn element as building might be interesting.

[lime pumice]

I believe the question is: Do you want land buyers making large profit from land sale or do you want large proceeds from the sale of the land. When buyers make a lot of money it brings hype and interest into the game and future sales. Otherwise you collect more cash up front.

[deep iris]

Ah I can see it from a normie gamers point of view also. Honestly sometimes I’m surprised at myself for spending this kind of money at some NFTs 😂 Although for normal gamers, I don’t think land purchases are a must and I believe they can still play the main game for free (if that’s the direction they choose)

[deep iris]

Curious what your recommendation would be?

[lime pumice]

My opinion is games like axie got popular because investors and players are making profit. Best option is to set the price somehwere in the middle without trying to milk the market for whatever craziest people are willing to pay

after all not many smart investors want to buy assets when they already go through pricec discovery

[trail kayak]

it will be weird for normie gamers, I can see it too. but it’s also the other half of the equation when making the pitch “you get to keep (or sell) everything you collect/earn in game”
i spent countless hours/days/weeks playing games and spending a lot playing them and getting absolutely nothing in return. i only wish this model was around when i was younger and spending so much time playing

[brisk gull]

I can 100% agree as I've spent so much money on games.

[thorn moon]

https://youtu.be/-beDs_yggp8 skip to 49:10, I think Kieran actually does an amazing job explaining what they envision for ILZ

[deep iris]

Hahaha same. Now I have less time to play games. Hopefully I can take a week off of work when Illuvium launches 😸

[trail kayak]

i’ve been saving vacation time for that very reason

[opal thistle]

Guys, if or when there is a land sale I will be able to purchase it with ETH right?

Do I have to own ILV tokens to buy land too?

[thorn moon]

Yep! they just made the proposal earlier, both ETH and sILV can be used

https://gov.illuvium.io/#/ilvgov.eth/proposal/QmNab3vqQX3q2yTNSo1rwK5PzPgE8QxRnEA13jKz8gWQu9

^link to the proposal if you wanna see it yourself

[opal thistle]

Thanks a lot that was very helpful

On my 2nd question it does not really specify if only ILV token holders are the only ones able to buy land? It says this "The land sale would consist of 100k plots of land sold over a large timeline, in much the same way that yield farmed tokens are distributed. Thus giving those that are early supporters of the project the opportunity to take part in an Illuvium universe gaming experience—before the masses who are only awaiting the main game"

[ivory vine]

There is no whitelist in the proposal. Everyone can bid but only those who staked at some point can theoretically have sILV to pay with.

The rest has to use ETH for sure.

[opal thistle]

Of course, I understand this (the only way to get sILV is through staking) I was just asking that if someone that does not own any ILV can go on the auction bid and pay with ETH and get his plot of land

[ivory vine]

Yes, that is what I just said 🙂

[opal thistle]

Perfecto amigo....I just have the Spanish discord asking all this and wanted to be totally sure. Tha KS as always @ivory vine 👍

[candid elk]

This is actually what I was getting at, with adoption of gamers not already in crypto.
But what I’ve come to terms with is that the team has shown time and time again that community feedback is being listened to. So if adoption of the mini game actually ends up being a problem later on, an IIP, DAO vote and then implementation by the team will most likely solve it

[glossy sedge]

Trying to catch up on all of this so apologies in advance if this is already answered somewhere. Is there any kind of ETA for when the land sale is expected to happen?

[cosmic aspen]

maybe 8-10 weeks after proposal passes. no concrete dates so that may not even be accurate.

[glossy sedge]

Totally understand, and thanks for the quick reply!

[pulsar carbon]

So, I'm looking at the governance proposal for ILV zero, and I wanted to ask, the game release talked about in the v2.0 milestone, would that be the open beta release or the full, non-beta release?

[fallow igloo]

v2.0 (start + 18 weeks -> Aligned with the Release of Illuvium) - Full release. All game data (except for minted NFTs and land ownership) will be wiped. Pools will be established for Fuel. Fuel generated in Illuvium Zero will be usable in the main game. This is exactly what it says from post itself and it says full release, so I believe that’s what it is

[pulsar carbon]

I think that full release is to contrast the "mobile release" mentioned in V1.0

As in, full release of Illuvium zero on all platforms.

[fallow igloo]

Illuvium Zero IS a mobile game itself, the plan that I’ve heard was to have the full release by Illuviums main release

I don’t think Zero will be on all platforms

[deep iris]

Haha nice 😂 I spent all day at work re-reading the IZ GDD and tokenomics paper

[lone lark]

Interesting.. so Illuvium Zero isn't going to be available on Windows PC?

[fallow igloo]

Not initially, I haven’t heard or read anything saying that they were going to implement it on PC as well. They made it sound like this was specifically a Mobile only game

[lone lark]

Right on.. Thanks

[amber atlas]

there is a reasonable chance it will be playable on the web, given we are using Unity for the engine, and that the game is not likely to have any features that strictly prohibit a web build

BUT the focus is mobile, web player would be a bonus which we pursue it won't impact the rest of the timeline

(of course you can always raise a proposal to get a vote on doing a web player or PC build)

[bitter glade]

If it took you all day, then pls don't read the Illuvium GDD. Thats about 800 separate pages. (About 120 pages of text)

[vivid cipher]

I’d love a published copy to put on my coffee table

https://tenor.com/view/book-school-paper-books-anime-gif-19222226

[bitter glade]

We will probably do an art booklet at some point.

Nobody wants (or is allowed) access to the GDD.

[vivid cipher]

https://tenor.com/view/milhouse-van-houten-the-simpsons-eyebrows-gif-4880957

[ivory vine]

#🎮〕illuvium-zero message 🙂

[tacit cliff]

https://tenor.com/view/rainn-wilson-shh-secret-prank-gif-17131726

[trim orchid]

Hey guys, any link where i can read about ilv-0? Is land required to play it?

[ivory vine]

GDDs can be found pinned in here and the proposal is found in #📰〕governance-news

[trim orchid]

Thanks Stormi

[trim orchid]

Any plans to include metamask as a wallet that can be linked to vote?

[ivory vine]

Should be possible already. But if you're trying to vote on that now yourself, you can't. Token Holders elect the council every three months. The council then votes on proposals.

[trim orchid]

Oooohh makes sense. That explains why there are only 3 people voting. Thanks mate.

[deep iris]

Reading the documents in between meetings or as I’m doing “work” 😅 If I started the Illuvium GDD today then I could probably finish in time for launch

[dense cipher]

Bible

[molten cape]

when will the land begin to be sold?

[thorn moon]

They just announced the proposal this week. They said 10-12 weeks before official land sales

[oak topaz]

I’m debating on taking a larger position into ILV (few ETH worth.) However, I’m at odds of calling Zero a “game” and as someone who has enjoyed and played many different gaming genres, I believe Zero is missing a key feature to truly call it a game. I agree it solves issues for the ILV ecosystem in an interesting and novel way… But unless someone can explain why this game would be fun and addicting I don’t see why land and such is needed. A possible better and more fun solution could be thought up that helps solve ecosystem issues and is a no brainer to an outside gamer (oh that’s for sure a game I want to play sentiment.)

[pearl wing]

I guess it’s the same reason people play city builder games….. they are both fun and addicting. I think it’s fun starting with a somewhat blank slate and building your piece of land out how you like it and watching it grow.

Aside from the building part maybe there will be quests/missions you can do to make it more fun.

[thorn crown]

zero is a mini game, and is connected to the main game, if you have read the GDD or the prosal of aaron which i assume you have, then the real meaning of zero is to generate more Rev for the game and community. Not only Rev but Tier 5 lands might host Tournaments in the coming future (More Rev). Also we can farm shards and skins inside in this mini game. It may be fun if you're the type who loves City Building games. 🙂

https://www.youtube.com/watch?v=-beDs_yggp8

this might help understand more of Illuvium: zero 🙂

[wind briar]

I don't think zero is trying to solve anything ? It is a mini-game proposed by a few Core Contributors that received a pretty wide approval by the community in here.

[oak topaz]

I’m fine with this. But I’ll put up a couple critiques. This falls short from pure city building (lack of depth) and if it’s simpler than that then usually their is PVE (ideally PVP) element to the game. Farming resources sounds like a piece of a game but shouldn’t make up the entire game. @wind briar the paper said it solved issues that could address backend stuff with the ILV main game itself and address those issues faster/sooner.

Also not arguing the utility of Zero… Just the gaming aspect.

[glad laurel]

For what it is worth, I am 100% with you @oak topaz. I don't think pretty much anyone will be interested in the F2P version of the game other than as a Demo before they decide to buy their own land.

[thorn crown]

hmm buying or not buying land will still make this mini game give revenue to all players (RevDis), why because whales will surely not let this pass cause they know how much they can make with this and as result will generate so much RevDis to all staked players. I respect all opinions, but if the mini game is not your thing then best not play it. watch the video above for all to understand 🙂

[real minnow]

Is illuvium 0 for people who don’t pay to play?

[glad laurel]

Illuvium Zero is a mobile city building mini-game (see the "spoiler" pin if you want to read the game design document). There will be a F2P version (does not interact with the blockchain in any way) and a version on purchased land, which will produce resources needed for certain things in the main game (as well as a few other things).

[real minnow]

Oh great! Thank you

[wary sand]

So yeah, T5's are going to be completely unaffordable by any average person, considering they will be going for millions. T4's are the highest therefore that the average person could afford, but even that is pushing it for a lot of people. Most wouldn't spend 10k on a video game that isn't out, let alone on a plot of land. I think many people here will be getting T4s though, but it definitely won't be something everyone here can afford. @worldly bobcat

[dense cipher]

it all depends on how much the auction will start... but anyway all the rev is going to the stackers so it's great still

[tender marsh]

Most people will not spend 10k on a traditional video games. This is correct. People will dish out $100k+ on an nft in crypto. This is also correct.
T5 most likely will be extremely expensive for a good reason. Supply. As well as huge potential for revenue .... you can build an arena on it for god sake.

[dense cipher]

we don't know anything about this so can't even know how will cost everything.. and normal people just play call of duty.. everyone is in the blockchain from years knows what investing in a game like this means

[potent dock]

Let's be honest - land price predictions are 90% speculation. We can point to Axie's extremely expensive high tier land, but it appreciated into that value - originally it was super cheap. The same applies for most other virtual land.

People have more knowledge of how virtual land can appreciate now, which should push the prices higher. Ultimately, it will depend on how much people are willing to spend. I'm excited to see how it all plays out 😄

[dense cipher]

yeah that's it.. same here.. and i'll try to compete for the top lands

[oak topaz]

Yeah once again there is utility to Zero... but the game so far lacks the gaming aspect. So much talk about revenue stream potential when Zero is discussed... I remember back when I played WoW you could buy gold (generally from Chinese mining players.) However, mining and collecting resources was not a mini game it was just apart of the game... Therefore it just feels like Zero is WoW resource collecting (boring and tedious) with some window dressing buildings. I love the idea for p2e (which ilv-core game is because it's centered around a gaming and built outward). Cities: Skylines, Sim city, Tropico, Anno 2070 etc. are extreme in their depth, any other thing close to it has a fighting aspect coupled to it. Just making sure I'm not voting Yes to make some future industry that has formalized "resource sweat shops" like we saw in WoW gold miners.

[potent dock]

City Builder type games are not even remotely comparable to grinding resources in WoW.

As to the economics of people in poorer countries making money off gaming - Every person has some level of agency in what they do for work/money. If playing a game is more profitable than a traditional job, I don't think it's any person's place to tell them NOT to play a game.

People didn't farm WoW gold because they had to, they did it because it was better money than the alternatives. (And they still do)

[amber atlas]

although undoubtedly it is a small game (hence the title of minigame) I think you are taking the brief overview from the game design as if it is the endpoint, when really it only fleshes out the core concepts

we aren't looking at combat (although it would be amazing in some far flung future), but there are plenty of very popular city builder games that don't have combat, for example Dragon Vale or Simpsons Tapped Out

the game will be a casual game, it won't engross you for hours per day, but we are designing to put meaningful choices in to the game

choices will primarily revolve around the technology you choose to build:```

• minimise effort by utilising passive resource generators vs maximise profit by using active resource collectors
• focus on self sufficiency by generating all resource/fuel types or focus on one particular branch of the tech tree
• move down a research path to scan illuvials and generate blueprints (but in turn losing space and resources that could be used for generating fuel)

scanning can also lead to the chance to find out new information about Illuvials, it might not be something you can sell on OpenSea but being the first one to discover some new fact about a character is pretty cool

basically we want to get a pretty and balanced base for the city builder in place, and then see where it takes us... personally I think the possibilities are pretty exciting!

/rant 🙂

[mortal merlin]

Very exciting thanks for pitching in

[ember hill]

sounds amazing!

[sage tree]

This will be awesome. I in fact will be purchasing land

[junior depot]

This is awesome

[glossy sedge]

Definitely looking forward to see this go live and hoping I'll be able to afford at least a small piece of land to call my own! 😄

[vocal robin]

In which currency will the land sale be held? sILV or ETH? You are welcome to link me to a "Marketplace document", since I dont get the difference in the in-game usage of sILV and ETH.

(sorry I am new to discord, searched for such a doc and did not find it)

[woeful narwhal]

If the council approves we will be able to buy land using both sILV and ETH. The difference between the usage of sILV and ETH is in that the former only able to be use for in-game purchase while the later is the main currency and can be use for both in-game and marketplace purchase.

[worldly bobcat]

Where can I see the GDD for Zero?

[oak topaz]

This is what I wanted. A gamer centric argument that makes points on why someone should play the game, without discussing whales and revenue via land sells. I don't care about revenue streams... The blockchain is for rethinking every industry. Build a game so fun you don't want to put it down, that is bound to create a community and it will fund itself. Mobile gaming is only a decade old and they have already botched the entire ecosystem. Just want to make sure I'm not throwing my money behind a game that will turn into making a Black Mirror episode some foreseen prophecy.

[bitter glade]

Would you call Simpsons Tapped Out a game? The devs of that might be a bit offended to hear it considered not a game.

[tacit cliff]

https://tenor.com/view/eating-popcorn-go-on-listening-im-listening-im-watching-gif-17804318

city building + the sims?

[bitter glade]

Who is the “they” that botched the ecosystem? Mobile game developers?

[mortal merlin]

He is probably talking about the wall of micro transactions

[rotund epoch]

Tbf mobile games generally do suck a bag of dicks. They make more money from whales so they’re all just p2w.

[rich sky]

So what is illuvium zero

[grizzled helm]

read the GDD pinned

[rich sky]

So from what I gathered land will earn fuel? But what will it look like, will it be a sims or dragon vale like game or what

And is there any preliminary price for land?

[grizzled helm]

#809220563397902346 and #📰〕governance-news

check out the proposal's

[rich sky]

Thanks, so is there any benefit to owning t0 land?

[vivid cipher]

Not a financial benefit. Just the fun.

[oak topaz]

I personally have never played Simpson’s Tapped Out so I can’t speak personally to that. However, my friends and I when we were in middle school use to punch each other in the nuts and we considered that a game… So I have no doubt I would consider Tapped Out a game, but is it above getting punched in the nuts by your best friend? Meh, who know?! But after a quick google and Seeing that Tapped Out is produced by EA, I have no doubt it is less fun than the creative team could make it. I can’t imagine 5th grade me saying, “you know what would make this Pokémon game better?! Is if every time you used a poké ball I have to ask my mom for money! Oh! Also, instead of making just the red and blue version they released mini-packs that unlocked the game in incremental stages every three months, and that too would cost money! Yes, micro transactions would make this the GOAT!” Pokémon and Yu-Gi-Oh was already addicting enough, mobile gaming didn’t need to hack our brains like some graduate student’s thesis project. Devs have ruined our gaming creative studies. If that offends the dudes at Tapped Out… Sorry man but they can ignore this dudes opinion.

[rich sky]

And the t1 and above is a financial benefit?

[vivid cipher]

@mortal merlin I saw you mention a fuel token. But my reading of the GDD led me to think there would be like 3-4 different tokens. One for each of the different fuel types that can be produced in the minigame and used for different tasks on the main game. Each with their own liquidity pools.

[vivid cipher]

Correct

[rich sky]

And those benefits are fuel to cure shards and bluepints? Are those blueprints to items that you can craft in the game

Will the land sales give players an upper hand before the actual illuvium game is even out?

[vivid cipher]

Yes. But actually EVERYONE would be using your blueprints. Maybe even PAYING to use your blueprints.

[vivid cipher]

No. And certainly not more than staking does.

#🎮〕illuvium-zero message

[rich sky]

So wait I am confused then, what does the blueprint system do

[vivid cipher]

It’s a blueprint of a certain kind of equipment that can be used in game. If you hold the blueprint then you would receive a portion of the fees spent to forge that equipment. At least that’s my understanding. The blueprint idea is far from final. It’s a potential expansion of the minigame I think.

[rich sky]

Okay well thank you for the explanations man

[vivid cipher]

When scanning/researching illuvials that wander across your land you may be able to discover some interesting things like (this is pure speculation) how to make a pair of rhamphyre claw daggers 🗡

That would be cool

[fallow igloo]

You don’t own t0 land, that’s the f2p land. Everyone will start there when the game is released

[coarse wave]

and why is that?

[vivid cipher]

The gameplay is all about having strong illuvials. The dev team and the DAO is committed to having the game launch with everyone having zero illuvials and zero equipment. Everyone starts form scratch at game launch. The land NFTs will not change that. The land will produce fuel. Some of that fuel produced will be usable in the game to do things like cure shards or provide power for traveling. I say it does no more than staking because allows us to claim sILV in our rewards. In the game those sILV tokens will be “swappable” for the fuel that the land is producing.

!opensea

[coarse wave]

and as long as ur staked capital is on the pool u can keep reaping sILV whenever it gets rewarded to u?

[dry forge]

Collectible Illuvium NFTs are already available on Opensea https://opensea.io/assets/illuvium All are limited edition. The emotes and m0z4rt skin NFT's are redeemable in game. Upon use, these NFT's will be burnt when applied in game. This is only true for these emotes, skins, and badges as they were bonuses for the initial ILV token sale.

There are also partner sets of very limited collectible NFT's. Those collectibles are not for in game use, this is so everyone has a fair and balanced start when the game is released. You can find out more here: https://illuvinati.gitbook.io/illuvium-archives/official-nfts

[coarse wave]

but if i can get sILV with my fuel from the Land why not just get land? But atm we dont know how much fuel the lands can output since its random generated?

[vivid cipher]

You can choose when you claim your rewards. And when you do claim you choose either ILV or sILV. But this is really a #🥩〕staking question

[coarse wave]

So the question would be how much Fuel can land make? vs how much sILV my staked* investment can* make?

[vivid cipher]

No I think the land will not just be all random. It will be clear what kinds of things it’s going to be able to produce most efficiently. But how much it produces and how quickly is up the the player to build effectively on the land.

[vivid cipher]

Yeah

[coarse wave]

the money shot question 😆

[vivid cipher]

But the rarity of the land is going to enhance the potential return. Even if the revenue earned is not as high. But my guess is the idea is for it to be comparable.

[coarse wave]

so technically its not certain if Staking is more profitable than buying land since it will depend on the player using his land.

but obv if i put $1m on $ILV pool and but little land for sure staking will be more $$$$.

[vivid cipher]

Yeah smart decisions in the building will lead to better production. Also when you “sell” your fuel to the community may be a significant factor as well.

[coarse wave]

so the answer here would be "It Depends" 😆

[vivid cipher]

Only on your definition of “give players an upper hand”

anyone will be able to dump funds into the game when it launches.

That is not really an upper hand.

[coarse wave]

Yeah true could be PvP (MMR) or just straight up $$$$ upper hand

[vivid cipher]

What does MMR stand for?

[limpid pendant]

The IIP for Illuvium Zero mentions two extra core developers to be hired for it. Are those the only resources required to roll out this mini-game?

[coarse wave]

Match Making Rank

[vivid cipher]

It’s such early stages id think that is hard to know. But yeah that is the idea.

[coarse wave]

Based on the "Illuvium Zero GDD" The primer said there will be free land for the Dec launch and there will be land for sale for ETH in the 7 regions that will interface with the main game later. any updates on this?

specifically on the "Free Land" part if this is really happening?

[vivid cipher]

Oh free land is a little like tier 0 illuvials.

It’s not going to produce fuel.

[coarse wave]

got it. 🙂

[vivid cipher]

It’s just f2p game land.

So someone could try the game maybe even get good at it before they bought nft land on the market.

I’d assume they could figure out how efficiently they are building. It’s just that they would actually get any erc20 fuel tokens. Just the minigame asset. I don’t know though.

[coarse wave]

yeah true. just a f2p type to get familiar would be my guess. But thanks for the chat pelican. Im leaning towards the active nft game rather than staking since im already doing that. Take care birdy

[vivid cipher]

Thanks it’s good to talk it out. Clarifies my mind on the topic.

[coarse wave]

same here. 😆

[bitter glade]

Cool.

[thin wolf]

Kieran mention in an interview that they wanted to add Arenas to hold tournaments on the tier 5 land(only 7 available) and that could open up for streaming events and revenues in addition to the resources.

[dense cipher]

Yea this gonna be epic

[little moon]

That’s in the pinned doc as well, would be really sick to see companies eventually hosting ILV tournaments on crazy virtual land, the possibilities as land goes digital is crazy

[thin wolf]

Yeah will be huge, Kieran was also talking about sponsoring Tier 0 Tournements with price money.

[ivory vine]

To be clear, this was brought up in a recent interview and Kieran found it to be a great idea so he wrote it down. There has not been official confirmation on that happening just yet 🙂

[thin wolf]

Sorry, your right.was a great idea.

[cinder fractal]

I saw all pinned messages here is there a place where I can read more about our game research/fuel connection particularly

[drowsy orchid]

Greetings, my friends, I am from Venezuela. a giant hug for everyone

[potent dock]

Did you read the GDD Aaron posted? It's hidden by a spoiler thing

[low geode]

Welcome

[tacit cliff]

[cinder fractal]

What is gdd :)

[ivory vine]

Game Design Documents 🙂

[glossy sedge]

thanks for clarifying, I was guessing a somewhat different "GD Document" meaning but Game Design definitely sounds more professional. 😉

[chilly hemlock]

Since there’s five council members and they all voted to accept doesn’t that mean the proposal for ILV zero has already passed, or do we have to wait for the time to run out in case of vote changes?

[thin wolf]

Last min fake out?

[dense cipher]

?

[chilly hemlock]

Lmao imagine😤

[cinder fractal]

Can you please tell me where can I find that document I checked website already can't find it there is it here on discord?

[cosmic aspen]

#🎮〕illuvium-zero message

[ivory vine]

Right in this channel, top right, pinned messages 🙂

[thin wolf]

Was an attempt at humor, and I failed miserably...

[cinder fractal]

I was there somehow I missed it, izgdd tokenomics that one?

[ivory vine]

There are two GDDs in there. Both are for the mini game. One is for tokenomics, yes

[cinder fractal]

I'm done with izgdd tokenomics but can't find another one you are talking about

[ivory vine]

#🎮〕illuvium-zero message Click on Spoiler.

[cinder fractal]

Thanks, extremely well explained if anyone didn't read it yet do it now!

[slow cedar]

Been a bit more out of the loop lately - any info on if the first land sale will be from a specific region, or a small bit of each region?

[brisk gull]

I've not seen anything about that yet. Last thing was Aaron's proposal which was approved by each council member.

[cloud glacier]

Apologies if this has been asked a lot. Estimated time for land sale? Trying to figure out when I need to read more on zero

[cosmic aspen]

~8-10 weeks after proposal passes

proposal will almost surely pass in about a day*

[chilly hemlock]

I’m pretty sure each region and tier will be divided up as evenly as possible in each land sale

[potent dock]

I saw someone ask earlier, but the proposal (IIP-10) was approved by all council, does it only formally pass at the end of the voting period?

[cosmic aspen]

i believe so, yes

@mortal merlin confirm?

[mortal merlin]

It passes when the time is over

[slow cedar]

Time to get saving up some sILV

[slim wigeon]

This is fantastic!

[mortal merlin]

[crude bramble]

Hello! Will this mini game launch same time as main game? Thanks

[brisk gull]

It is suposed to launch before the main game. You can look at Aaron's proposal in #📰〕governance-news for the complete schedule.

[crude bramble]

Thanks

Where can i read more about this mini game?

[chilly hemlock]

Go to pinned comments and look at the spoiler for the GDD

[crude bramble]

Ok

[molten cape]

Hello, I ve seen that the first ones that will be able to buy a land will be the ones that have a Dawnlight badge, first of all is that right? In case it is right how can I get one of them?

[grizzled helm]

#📰〕governance-news this has been changed, there is no planned whitelist

if u still want to purchase a badge:

!opensea

[dry forge]

Collectible Illuvium NFTs are already available on Opensea https://opensea.io/assets/illuvium All are limited edition. The emotes and m0z4rt skin NFT's are redeemable in game. Upon use, these NFT's will be burnt when applied in game. This is only true for these emotes, skins, and badges as they were bonuses for the initial ILV token sale.

There are also partner sets of very limited collectible NFT's. Those collectibles are not for in game use, this is so everyone has a fair and balanced start when the game is released. You can find out more here: https://illuvinati.gitbook.io/illuvium-archives/official-nfts

[molten cape]

But will this have an advantatge in the sale of the lands?

[grizzled helm]

No, the badges arent being used for the whitelist

[molten cape]

And how will they be usefull in the game?

[grizzled helm]

They will be a flex and signal you as an OG if you choose to burn them, they may also unlock achievements.

[trail kayak]

unlocking achievements is something i haven’t heard before 👀

[vivid cipher]

Rah lord definitely thinks the badges will do that.

[brisk gull]

Heard him mentionning that as well.

[vivid cipher]

I don’t recall that ever being specifically mentioned before but if rah thinks so it’s a pretty good bet.

[weak tendon]

Does anyone know when the mini game is getting released?

[cosmic aspen]

there are no concrete dates set, but before the main game launch in december is a good bet

[weak tendon]

Thanks Jeff!

[timid folio]

I'm going to go to my bank and get a 2nd mortgage. I'll be able to say, "Oh, I'm just buying some land." 😆

[sage tree]

lol

[nova plaza]

https://tenor.com/view/rich-im-rich-biatch-goodtohaveland-stevie-gif-13408755

[sage tree]

I will definitely be adding land

https://tenor.com/view/its-our-fucking-land-wes-bentley-jamie-dutton-yellowstone-we-own-it-gif-18064600

[deep iris]

Are we going to have virtual land real estate agents and appraisers soon? 😂

[severe karma]

It's funny but once mass adoption comes and there multiple triple a games on board that could actually be a thing

[timid folio]

I really really hope so 😋

[deep iris]

It’s a brave new world

[cosmic aspen]

where's my soma

[deep iris]

I mean we essentially already have real estate flippers 😂

[potent dock]

Sounds like my kind of job. Virtual real estate agent.

[deep iris]

Same, I wouldn’t mind taking 3% of each land transaction 😂

[severe karma]

I may actually make some kind of brokerage where ppl can list their land for sale

[potent dock]

I think OpenSea might have beat you to the punch 😢

[deep iris]

And you don’t have to go to the bank. You can borrow through a DeFi platform like AAVE or Compound 💰 and buy land that way. Would be hilarious to see the bank’s response if you tried to put in an application though.

Property Address:
Land Plot 1532
Shardbluff Labyrinth
Illuvium

[timid folio]

Yesssss!!! 😆

"Sir, it's a guaranteed 100% ROI."

[dense cipher]

where can i find that?
Online. Illuvium.

Don't you know illuvium dear banker?

[dense cipher]

1% in 10 years.😆

[tacit cliff]

https://tenor.com/view/dog-gif-22775469

[frigid sierra]

When is Land sale?

And what would average price of a piece be?

[compact mural]

Proposal says 10 weeks give or take

[unreal bobcat]

No notice on what the prices will start at.

[sick cape]

Will lands be available to buy as more players join iluvium or if you miss out on the first drop you can only have a land if a player sells it to you (idk if its possible btw) ???

[nova plaza]

100k lands total, only 20k lands going in first sale. There will be more.

[sick cape]

And after those 100k lands sell you can only get a land in the marketplace or you arent able to sell your land later on?

[nova plaza]

Im sure you're able to resell your land, not sure the details have been finalized. The DAO could always vote to create more lands after the 100k but I think that's the plan for now, 100k and done. It probably won't make sense to add more after the 100k are sold.

[sick cape]

Makes sense. Do you know if a player can own more than one land?

[nova plaza]

Most definitely. Do check out #📰〕governance-news, you can read whats currently planned. Plus the GDD in pinned messages should give you a decent idea of the plan for land/Illuvium Zero and how it'll tie into the main game.

[normal crane]

When are the lands gonna be on sale ?

[compact mural]

10 weeks give or take

[normal crane]

Roger that ! Any price predictions on how much the land will cost ? How much did Axie infinity land cost when it came out ?

[fallow igloo]

When Axie land came out it was very cheap, like 500-1000 for the mythic lands but Illuvium knows it’s value so ours will be appropriately priced

[normal crane]

500-1000 dollars?

[normal crane]

Hmm then I believe that Illuvium land will cost around the same

[compact mural]

You can see the price they charged on their land page. Savannah .05 eth, forest .16, arctic .45 etc

[fallow igloo]

But there will be a lot of revenue available by having land so it will be priced higher, taking into account rarity as well

[unreal bobcat]

I already heard someone is willing to buy T5 for a million

[nova plaza]

It'll be an 8 figure price either upon initial auction or resale is my prediction. Kieran described how special the land is going to be. It can tie into esports, streaming, multimedia, branding, merchandise...huge huge revenue stream potential for the right organization.

[wind burrow]

Hey guys, when’s the land sale ?

[glad laurel]

TBD, there will be planty of heads up. Wouldn't expect it until October myself. Think the roadmap said something like 10 weeks from proposal acceptance.

[wind burrow]

Thx, is there any price talk?

[glad laurel]

Lot of discussion, no firm $. But it will be a Dutch Auction (start sky high, drop until there are buyers). Proposal is here: https://gov.illuvium.io/#/ilvgov.eth/proposal/QmNab3vqQX3q2yTNSo1rwK5PzPgE8QxRnEA13jKz8gWQu9

Price speculation is most of the chatter in this thread on any given day.

[near whale]

From my understanding there will be several land tiers available ?

[mortal merlin]

Yes

5 tiers

[near whale]

And top tiers offer highest level illuvials?

[vast turret]

essentially, pay to win

[mortal merlin]

You don't get Illuvials from land

It's a different game

[dusk swallow]

it's definitely worth it to read the proposal

[broken halo]

How would you purchase the land with $Ilv or Ilv

[glad laurel]

sILV or Eth

[broken halo]

Thanks for the headsup I doubt i'll have enough though. Any thoughts on how much the land will be sold for?

[glad laurel]

Millions for the Tier 5 and maybe in the $1000 range for the Tier 1. I really don't know, but there's a ton of speculation in this channel if you want to skim through.

[broken halo]

$1000 range would be at least 2 sILV in which case i'm very behind 😅 I don't think they'd offer a pay half in sILV and the other in Eth

[amber atlas]

you can't really win the mini game, its 'pay to earn more' like any investment, the main game will also have some pay to win areas (the Leviathan arena), but many core experiences, including of course tournaments, will put all players on an equal footing (excluding their skill 🙂 )

[glad laurel]

I know the split payment has been asked about before, but yeah I don't think it had a lot of support. You're not the only one with that thought though lol So, maybe?

[broken halo]

can sILV be purchased or just earned from staking

[mortal merlin]

Only from staking

[glad laurel]

There's no official pool or market for it, but anything can be traded P2P

Obviously, as there's nothing official... assume sellers are scam unless you have a good reason to trust them or can go through a legit service

[broken halo]

All I can do is wait and try to get some from staking I don't have much but i should be able to slowly accumulate over time

[near whale]

Outstanding!

[vivid cipher]

I think the real issue with split payment is the feasibility of the contract. I can’t think of any other reason why it would be a bad thing.

[normal escarp]

Sweeeeet

[clear badge]

Hey Truef0rm is there any resource to confirm this?

[dusk fox]

Hi guys, I have 2 questions, please help me: Have the proposal approved yet? and The Land sale will after 10 weeks or in 10 weeks from approved time?

[ivory vine]

#📯〕council-chambers message 🙂

[fiery drum]

so there are 5 tiers of land? 1 being the cheapest and 5 the most sought after? what is the benefit of having land within the game?

[fallow igloo]

You can get resources and sell them on the market. T4 has the potential to find blueprints that provide income long term as well

[fiery drum]

thanks

[clear badge]

You guys think $15 to 30K will get me a decent parcel of good ole land?

[ivory vine]

You should read the GDDs found pinned in this channel to understand more about what land and the mini-game is about 🙂

[fiery drum]

will do

[ocean hollow]

i think so... that should be good for tier 3 at least

[fierce glen]

Definitely more good chunk than me 😜

[tacit cliff]

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

[normal crane]

How much are y’all planning to drop on land sale ?

[upper elm]

Personally gonna just sit it out as a staker, and take some of those passive earnings on the sales

[normal crane]

If you don’t mind me asking, how many tokens do you have

[upper elm]

i prefer not to say on an anon crypto discord 😉

[normal crane]

Alright I respect that

[proper matrix]

Can we use sILV for land

[upper elm]

But anyway, irrespective of how much we have invested personally, let's see how the rewards work out as a %

[proper matrix]

How much is the land gonna be also? In tiers. So it has a date where it ends just like a balancer sale

[south forge]

yes sILV for land... no idea on land pricing

[proper matrix]

I might not claim till the land sale than

[south forge]

i expected better from you wojak 😂

[proper matrix]

Why? Hahahahha. I’m not using my staked money for anything

[south forge]

nah... but you used to answer these questions for everyone

[proper matrix]

Since I’m not paying tax for my ILV. I’m buying land with it. I won’t be taking out my staked ILV for years and years

[south forge]

im doing the same with sILV i think

[proper matrix]

Might as well buy land. Kerian 92x Axies land. I rather sit on a top tier land than not. From free money essentially

Jesus if I don’t claim for 12 weeks that might be 30k depends if ILV just moons

If we 2-3x from here I should have that

[normal crane]

Wait so land is sold by ILV or ETH?

[proper matrix]

Eth and sILV

[normal crane]

Okay thanks, I’ll be using ETH. You’re welcome fellow stakers 😂

[proper matrix]

https://tenor.com/view/autobattler-rpg-blockchain-gaming-crypto-gaming-cryptocurrency-gif-22429310

[south forge]

thanks sir

[proper matrix]

We can sell this land right ?

[astral tapir]

So there will be much revenue from the sale of land.
Will this be distributed to stakers and if so, how?

[proper matrix]

Just like normal revenue man. They make 50m from eth purchases than it goes to us

[twilit plover]

Hey I'm new. Where do I start?

[proper matrix]

For?

[ivory vine]

Land Sale Rev Dis info: #809220563397902346 message 🙂

[twilit plover]

Anything really. Im planning on buying token and staking I got the video turtoial. But what's this about buying land?

[astral tapir]

So with the ETH from land sales they buy ILV and distribute to stakers. But land bought with sILV would not count as revenue ?

[twilit plover]

And is the game out yet? I literally stumbled upon this yesterday. And it looks dope af.

[ivory vine]

Correct, just like in game - sILV increases the value of ILV (by lowering the max supply) but it doesn't generate revenue upon use 🙂