#🎮〕illuvium-zero
1 messages · Page 197 of 1
They’ll almost certainly be sold in batches of consecutive sales.
I think i'd still prefer more revdis 😆 to buy more ILV 😛
Nice spreadsheet. Is it public?
this would be a person spreadsheet as we do not know the prices yet
can u release a version of this that we can edit and play around with the numbers a bit within
Of course ! I added it to this document : https://docs.google.com/spreadsheets/d/1eupQ4baU_GGR3WAk5fDrQI29O4jJcc_bd9ueaiPk-Gg/edit#gid=1162826494 just make a copy, go in the "Land/RevDis" sheet and you're good to go.
ILV + SLP Dashboard
Date,Step 0 : Make a copy (File > Make a copy),Made By,If you want to support and send a tip
Starting Date,08/31/2021,Step 1 : Update the information on the left pannel (purple cells),xxx,Lelahel#6058,0x1cf13dA1A7c42456C74e254e7BbD688D3122FF59
Current Pools,Price,Rate,TVL,IL...
Great work, although it’s all speculation it at least gives people the right calculations on what they hope to get
Where can we check the value of SLP?
you can see it in the dashboard when you connect your wallet to the website
thx @zenith kelp 👇
Thanks 🙂
thanks bro
This is awesome, thank you!
Nice model. I would estimate that a lot of sILV will be claimed
So ilv is gonna get burned when sILV is used for buying land? Is it also gonna get burned when spent ingame, or how does it work?
Tier 4 is too pricey. Doubt it will be that much . I mean hope 
What is “revdis”, ser?
i love this part
!revdis
The tokenomics of this DAO include a 100% revenue distribution (could be subject to change - DAO governance). This means that any kind of revenue generated through sales or in-game revenue is distributed back to holders of staked ILV. The same max supply of 10 Million ILV will be used for this purpose regardless of how many games the DAO develops.
Revenue distribution is paid out in the form of unlocked ILV and the payout is done multiple times a week without a fixed schedule. Before paying out revenue distribution, the vault converts ETH spent in-game into ILV by buying it off the market which puts buying pressure on the ILV token and thus supports its price development.
Revenue Distribution=revdis
will be interesting to see
Not burned. For each silv claimed 1 ILV will never be minted. Similar in function but different.
sILV also gets burned when used tho
how to see revenue from land ?
there is no land yet and therefore no Revenue
ohh i tot the spreadsheet to estimate..
Land will go live in about 10-12 weeks
was trying to understand this spreadsheet
😆
Was thinking, I want to don’t get any of my rewards until Land Sale. For my calculations, I’LL have something around 4-6 sILV available to claim by the time of sale. Is there a high chance of getting at least one T1 land? Just trying to understand the risk of not claiming ILV for the period and not compounding
it's hard to predict, 20K lands will be sold
we have 90K accounts on discord and almost 10K addresses holding ILV, so at least there will be more than 1 land for each ILV holder
There are way more ILV holders. Those with 100% staked are not showing on Etherscan 🙂
then they aren't holders, they're stakers :p
Yes, I get that it is hard to predict, just wanted a NFA opinion if it’s a good or bad idea 😂😂
Or, if I have a good chance of getting at least one land to compensate
I think what we need to ask is the revenue of lands, then we can calculate how much they are worth
Aaron said a bit here and in several following messages: #💰〕token message
Yes, I saw the messages. But I don’t really expect financial returns from it directly. My idea is to just be self sufficient ingame 🙂 That’s why I’m wondering if I can get at least one land
tnx for pointing his posts
Too many variables are player based still.
indeed it's irrelevant the initial price, but we need to know how much resources the lands will be able to produce
It could say 1000 fuel per day maximum. But what would that even tell us? How much fuel is needed to do ANYTHING in the maingame? Still unknown. If anyone wants to be certain of how it all works they will need to buy it AFTER the maingame launch. And even then variables will exist. But at least there will be data available.
Yes, we need to know how much fuel a land produces and how much fuel is needed to do 1 travel. That way we're able to know how much travels we're able to do from 1 day of land production.
I doubt that info will be available before the land sale.
So it’s a Dutch auction where everybody is bidding blind, with no knowledge of what revenue the lands might make. So basically it’s going to be a fomo auction….
The DAO will need all the lands to produce about half of the total fuel needed for all the players in the maingame (and potentially other future titles). With a total of 100k land expected and 5% of the fuel produced by the land owners actually going to the land owners’ wallets the key variables to know “will the land be worth it” are how many players will there be in the main game and how much ETH will they be spending.
We all seem to have pretty high hopes for those two variables. So… someone could make a variable line graph I guess.
Indeed it's troubling if the numbers aren't announced and we're required to buy it blind. We need to know how much fuel each land tier produces and how much fuel is spent on each travel so we can estimate land revenue.
Is the 10k ILV holders accurate? i thought it didnt show those who've staked it
etherscan shows holders, not stakers
you can combine the etherscan hodler amount with this dashboard:
massive credit to @lyric raptor
damn thats quite handy, thought we were over 10k holders by now, we're still early lmao
9961 hodlers on etherscan, but keep in mind many of those could also be staking
and also keep in mind that it's possible some people only staked in the single pool
so the numbers are a bit more complicated than at first glance if you're looking for true totals
what are the benefits of staking in a nutshell hehe
more ILV 😆
or is that too succinct...
Thats fair, is there a single staker list? like there is a SushiLP staker list
i just dont wanna read im sorry for the hassle hehe
Thats the TLDR of staking 😂
What I had understand so far:
- 50% of fuel production is made directly by the DAO
- 45% of fuel production is made by all land owners together, but it's sent to the DAO which sells it
- 5% of fuel production is made by land owners together, they receive this fuel and either use it on their travels, sell it or save it for later
Therefore land owners are able to control 50% of production and define if full production will be activated or reduce production to increase scarcity. While all land owners will have revenue from 5% of possible total production.
So, when we know how much total fuel will be produced and how much fuel a travel spends, we'll know how many travels per day is possible. If we have more active players than that, not everybody will be able to travel once a day. If there are fewer, then some will be able to travel more than once a day.
We also still don't know if travel fuel will be sold on a liquidity pool or freely on IlluviDEX. If it's on a LP, land owners will have to be under liquidity pool loss risk and unable to define their own price for their fuel. If it's on the DEX, each land owner will be able to set his own price and cheaper fuel is sold quicker.
i'm not aware of one
that dashboard is very interesting, so over half total ILV staked isn't locked and some ppl is unstaking it
So if we're trying to find the total stakers + holders, Etherscan shows us 10k holders. Then for stakers, we see on Dune there's 3k SLP stakers and 6k single-asset stakers. But probably nearly all of the SLP stakers also will have staked in the single asset pool as long as they have claimed at least once--guessing that is most of them. So probably only just a bit more than 6k total stakers (maybe 7kish). So the range of total ILV stakers + holders is probably 10k+7kish, minus any overlap (which probably is significant). It'd take a lot of analysis to figure out how much overlap there is though
pretty much this
There might be quite a few holders who haven't staked yet because of high gas
many can't even claim for now.
anyway some future land barons are here: https://etherscan.io/token/0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2#balances
Escrowed Illuvium (sILV) Token Tracker on Etherscan shows the price of the Token $0.00, total supply 7,793.937138929270194581, number of holders 1,394 and updated information of the token. The token tracker page also shows the analytics and historical data.
Land sale is gonna set fire to sILV really. a great advantage to ILV price
I'm hoping for a least a million.
a million sILV is a bit too much. I don't think so tbh
Don't crush my dreams 🙂
I don't think based on the yield farm schedule it's even possible for there to be a million sILV 🙂
Most of these sILV claims are probably for land right? Unless people did them accidentally
yeah it's a lot of sILV
Nah. you know what 1m sILV would mean? haha. It's not really realistic. I'd be glad if I'm proven wrong though
I think a fair number is. But some people are claiming sILV and selling at a huge discount in order to get immediate liquidity on uniswap and sushiswap (you can see those swaps on the holders list too). You can acquire sILV at around $200 each right now
Which personally I think is a great deal if you are interested in the land sale but there's a lot to consider obviously so NFA
they are literally helping the ILV decrease in circulation by selling their sILV cheap and claiming more and more for more liquidity. I wonder if all 3m sILV will be burned by end of YF
We can assume a $50 per day round trip cost, because that’s what has been suggested before. So let’s assume half of that cost is fuel costs. Further assume that there are 100,000 active daily players. Starting with 20,000 lands, (which is a lot btw). If we assume that the 20,000 lands will produce half the total fuel required… So some maths off the top of my head… $50 / 2 / 2 = $12.5 per person per day. $12.5 x 100,000 / 20,000 = $12.5 x 5 = $62.25 per day, per land. Back of an envelope, rough calls based on almost no real information… So let’s round that to $50 per day. Now halve it, to account for it all being guesswork. You are looking at average land return of $25 per day. Assuming the usual crazy payback period expected in this space, you want to double your money in 2 months so 60 days is 25 x 10 x 6 = $250 x6 = $1,500 per land on average. Now let’s assume that fomo sets in, or maybe you only need a return in 4 months. So after all that guess work I’d say expect to pay $3k on average per land. Obviously this will differ across the tiers, but that’s enough dodgy speculation for one post…
Yea this seems like a bargain for the land sale. For the game I think you'd be better off just buying ILV just so you can stake it yourself
I guess I'm not exactly sure how the YF works but I assume every time ILV is claimed instead of sILV, that removes from the same 3M pool (and therefore caps the max possible sILV that could be minted). And I assume most people are claiming ILV instead of sILV
Dumbest thing ive ever seen tho imo
Yeah, we'll never reach 3 million sILV for that reason.
for now yeah. close to land sale, it'll probably be sILV. rn sILV has no use case, so unless you have an estimate how many sILV you have by land sale that would actually be profitable, it wouldn't be wise to just wait for it. yeah, whales can literally do whatever they want, but for many, land is a hard thing to get. I myself rather ILV really. I'm just curious to see how much sILV will be burned by the end of YF.
Ngl, at first i was like ‘prolly should claim some sILV for land, then slowly been leaning toward maybe long term might benefit from having claimed these early rewards in ILV, your post has actually made me reconsider buying land lol, really need to do some back of the napkin maths on the oppertunity cost of keeping that staked as ILV rather than spent on land)
I've gone back and forth on that myself because there's so much we won't know. Ultimately I acquired some sILV, but it might very well be less productive than just maximizing my ILV stake. But at least I'll have a little plot of land, and knowing that is worth a lot on its own 🙂
nice calcs 🙂
- it has been said that a travel cycle would be $50 but $10 for travel and $20 for shard, I think ur calc considers $25 for travel
- it seems u're also considering 50% of fuel production going to land owners revenue, they have 50% of max fuel production but in fact only 10% of their actual production stays with them, so it's 5% of total fuel production when all land owners do max production
- active players don't affect fuel production, it only affects the demand for fuel
I think if you believe Illuvium will pop off, its worthwhile investing in the whole ecosystem
Yeah as well part of me is like fuck profit maximisation, i want at least 1 lil plot of land lol
And even profit maximisation wise, if u were to sell that same land in 5 years would potentially be worth a boat load (i personally would probably never sell it but yh)
rather than getting lost in the weeds of various calculations and opportunity costs, i’m relying on a very simple approach—it’s in the best interest of everyone for a massive influx of eth or silv for the land and illuvatar sale.
given that, i’m expecting a higher return on silv spent for items/land than compounding my staked ilv/slp
Another variable is the blueprint and what rentability they may have
wait, u can purchase sILV on sushiswap now??? Did I read correctly? or am I missing something?
and there are 3 types of fuel, I guess that land owners will need to choose which types of buildings to build for each type of fuel and blueprints
yes there's a SLP for sILV
Yep--just use the sILV contract address and add it to sushiswap or uniswap (there's a bit of liquidity on both on the ETH-sILV pair). Last i checked it's around $200 / sILV
I assume the price of sILV will gradually approach ILV as the land sale approaches, but who knows. The market will do what it wants
will be interesting to see if it will get more liquiduity
If we ignore land tiers and consider that each travel costs $10 in fuel.
We know that each land owner will have (5% / 100.000) of max total production.
We need to know how much travel-worth fuel a land produces per day. Then we know how much revenue a land rewards.
Then we need to know how much travel-worth fuel is the 50% DAO production. Then we know how many travels per day will be available.
if fuel is sold on IlluviDEX, I guess DAO will place fuel makes under a fixed price. If we have more daily active players than travels, we can expect that all DAO fuel (95%) will be sold and land owners fuel (fewer than 5%) will be sold at higher price.
If there's enough fuel to feed all players demand, we'll have fuel stockpiling and land owners willing to sell will need to make it under DAO fixed price.
If fuel is cheap, it'll be more worthy to use it to farm illuvials and sell them instead.
@terse peak Also keep in mind that sILV doesn't compound or get you revdis or anything, so there's a reason it's trading at a discount
would u happen to know where to get the contract address for sILV?
Well, im holding my ILV and dont want to claim it in SILV and for land sale I was planning on using ETH, so wouldnt purchasing the SILV at a discount make more sense for a situation like mine?
That's what I did. Bear in mind that there's other variables too. Maybe ETH does a 10x between now and the land sale while ILV stays flat, who knows? But in that situation you'd have been better off holding ETH. So it's a risk either way
oh yeah, completely forgot about ETH growing 😆
that's worth if ILV remains above $200, and if the gas spent now and then is below the price difference
Hmmm very good point. Was ready to jump the gun till I saw the gas 😑
Just to check, this escrowed Illuvium aka sILV on sushiswap is legit right? Not just some rando doing some weird hocus pocus trying to get our money right?
As long as you copy pasted the contract address from the Mozart bot message, yeah it works. I traded some ETH for sILV on sushiswap using that address, and sILV shows up on my Illuvium dashboard now just fine
Ah sweet, really love to bag some when the gas decides to settle down
is that LP official or was it somebody who claimed and created it?
I believe someone created it and it's not official, so I guess that is a possible risk. There used to be someone who had 1400+ sILV (i have been watching the sILV etherscan for a little while), so I'm guessing that person created the LPs
what an absolute whale to have generated that much in rewards
I was getting ready to start a new Illuvium religion in their name but then they went and cashed out or something
SHUN THE NON-BELIEVER
Now the real question is, would be worth getting several T1 lands or going for 1 T3?
if he's selling sILV for $200, I think it'd be worth unstaking his ILV and selling it
if 95% of fuel is sold by DAO and we have 100K lands, not considering lands tier, then for a land owner to produce 1 travel-worth fuel/day, we'd have 2M travels/day
but if each travel captures 1 illuvial, we'd have 2M illuvials minted/day
We shall know in a a month or two, I assume 😄
My noob city building butt would prefer just having 1 plot to manage lol... but more work = more profit, perhaps.
Lol well there we go, more information all the time. 😆
I managed to pick up a chunk of sILV from him at around $150, but low liquidity in the pool drove the price up quickly (sorry!)
@little moon One good approach to NFTs imo is to try to acquire at least 2 of whatever you're getting. So you can sell and still keep 1 in case you get emotionally attached---I think i'll personally follow a similar rule with the land even if it costs me a tier.
esp since i plan on playing the minigame regardless---but yes agree it is always hard to manage more lands if i do keep them 🙂
sILV will always trade discounted to ILV
Yea you're right, honestly just really excited as they'll be looking to link this mini game to future games made aswell. So long term value could be huge
Pretty much guaranteed that the whale has locked SLP for 12 months.
Definitely. I was just referring to the land plot(s) I'd own and operate myself 🙂
But yeah, I can see myself storing an extra plot or two to sell off later
I think my strategy will be trying to atleast one tier 2-3 land depending on price, and a few tier 1 lands
So all those changes reduce the return on land. Which suggests a lower average land price is appropriate. Maybe $1k or perhaps even less. It’s going to be interesting.
considering we'll have 5 auctions, one may buy 1 land on auction 1 and then buy more on future auctions if price decreases
It might not be too hard to connect multiple land NFTs to one account for playing on Illuvium zero. Just swipe between lands. It’d be twice the work to develop them both but doable.
good point too
that's what I was thinking, he might have his ILV locked, but in that case he'd be desperately willing to exit, to claim sILV and create a pool for it
If the land has good utility, i'd imagine the prices to only go up, pure speculation at this point though
if price goes up, he'll have 1 land, then just play on it and don't sell 😄
Thats true, considering theres going to be 5 sales, gives us plenty of opportunity, not sure why i keep creating fomo for myself lol
@vivid cipher just did some very minor digging and the person who created the sushiswap pool still has a massive amount of sILV and also a ton of SLP staked. They're not desperate to exit, they're just monetizing some in the interim while they whale it up in the yield farm too 🙂
What if a couple of whales decides fuck it we r gonna buy all those 20k land plots? Shouldn’t we consider this possibility? 😅
why would he claim tons of sILV and sell for $200 then?
it's already been considered. if 2 people control all land, we don't have to be held hostage by them. we're a DAO, we can alter things if needed
plus if they want to buy all 20k land at the highest price? that's gonna be some nice revenue distributions for everyone here.
instant liquidity in case they want to jump into some other investments, plus they get fees from being a liquidity provider---lots of reasons
Yes, I know it wouldn’t screw the game itself. But it would screw people like me that are thinking “maybe I can save 3k worth on sILV to buy at least (on the worst case) a tier 1 piece of land 😔
This troubles me a lot. If the council makes big changes. It may either take out the expected profit from land owners after they had bought expecting a higher profit, or increase lands profit penalizing those who didn't bought considering it not worth. It's very troubling when rules are changed after NFT sell which change their value.
Yep, that would be a great point actually
I think if a whale snatches up all the land from the first sale, then the DAO could consider changing up how the next land sale works and learn from that. I don't think it'll be a good idea to retroactively redistribute land though. Presumably the land will be available on secondary markets as well for people
@cosmic aspen I don't think the DAO would do that. I hope not anyway! Retroactive changes should be approached with EXTREME caution, only when absolutely necessary. I imagine they'd just do a fairer distribution system in the next land sale instead
exactly, only in extreme (2 people own all land = extreme to me) circumstances do things like that even need to be considered
But if that happens, then holding sILV to expect land sales is actually way worse than ETH for example.
If ILV moons before the land sale (relative to ETH), not necessarily
also in this worst case scenario you have a big fund to pay for in-game fees, so not the end of the world
everything here is speculation at this point anyways, not really worth it to be so worried
Indeed. 😂😂 damn there’s just too many variables to work on to decide
Also, it's not good on the public if somebody believes on the game and comes spending 400M USD buying lands, to only then rules are changed and his investment drops to $2M. Nobody else would invest a penny on the game.
It's better to make enough simulations and estimate market demand, then create rules that protect the game from being owned by a few whales.
Anyway, it's not uncommon that a softhouse is bought and its game server is shutdown by the new owner.
Completely agree with this. I've disagreed with at least one current council member on this before--I think it is a really bad idea to make retroactive changes because you destroy trust in the game and community. It would almost never be worth it.
But yea, I guess not using sILV from rewards and instead having ETH on wallet would be the best financial case. Cause you’ll have the most pros I guess
One way to protect players from a whale owning thousands of lands is making the DAO sell fuel on IlluviDEX under fixed price. This way the whale is unable to sell fuel above that price and it limits his revenue.
land owners cannot be allowed to highly control avg fuel price
future lands may also be airdropped to players, airdrop is always great to guarantee token is 😄
I don't think they can; last i heard they only supply 5% of the total fuel supply (unless I misunderstood)--so I doubt it's something to worry about
I understand they control 50% of production and earn from 5%
IlluviDEX is never going to be a fixed price since it’s a player to player marketplace. IF the game had a buy it now store where fuel was always available at a fixed price then yeah that would set a maximum viable price for fuel. But fuel as proposed is an ERC20 token to be in a liquidity pool for AMM facilitated swapping. Real life market demands.
so they can reduce production in half if they halt their production
Ah makes sense
Maybe we'll see some environmental conservationists pick up land and not mine it 🙂
what's AMM?
AMM = LP?
Yeah
so we'll have to buy fuel on ETH network?...
I see land sale as much more like a realty investment. Buy a property to use it or whatever in order to produce an income. It’s a long time till you clear the initial cost simply with passive income. But there’s also the potential for change in property value.
ah ok so a LP on IMX
so daily DAO will deposit fuel on the LP, I wonder if ETH is required too
Have they said anything about cosmetic improvements to lands? Because let's be real we just want land so we can show it off
cosmetic addition are planned, like statues of your illuvials
more: #🎮〕illuvium-zero message
is the game still coming q3 ? So end of September
!timeline No, it was late q4 and is now q1 🙂
The current estimates are:
- Closed beta in October / November
- Gameplay trailer end of October
- Illuvatar auction before open beta
- Open beta (launch) on PC & MAC in Q1 2022
- Mobile launch in 2022
Ongoing: Hiring of new Core Contributors, Influencer Partnerships and more
See #📣〕announcements for more info.
Awesome, thanks
Before you guys throw money at every sale, keep in mind that everything can change within a DAO controlled project. Never invest thinking your investment will never change.
same for companies that aren't DAO 🙂
Very true
yes agreed, but think there are reasonable limits to what can be changed, especially in context of how many people would be affected by a potential change
in those situations presumably community outcry would be great enough to influence voting decision of elected councilors
With regard to the potential of having to make balancing changes to lands after they are sold, I think the team producing a summary of how lands are intended to function in the ecosystem could prevent a lot of headache. Obviously the specifics will be published about how much fuel/resources/other utilities the land will have. I think its equally important to explain the ways in which land is supposed to influence prices and supply within the game. That way if there are unintended consequences from land use, the team has something to point back to and say 'it might be working as coded but it is not working as it was planned to.' This could give a lot more weight to the argument that "its a bug not a feature" if changes do need to be made.
Sure I'm talking extremes like Jeff said
But changing the tokenomics for the yield farming impacted a lot of people but we did it for the long term health of the project. Stuff like that. Always for positive future.
How would I be supposed to raise my pet family without a home? 🥺 Hoping prices come to 2/3k 🙏🏻😂
we just need to know how much total fuel will be produced and how much each land tier will produce, and how much fuel a travel consumes
fuel price and daily active players will fluctuate, so we must speculate on those, but we need to know the fixed values data
Look at the latest leaks, land skins looking insanely detailed (zoom in)
Ah interesting, I hadn't interpreted those to be land leaks but i could see that
Will a land owner be able to use the land and later sell it in the marketplace?
yes
You can trade all your assets in this game
Just like OPEC lol. Sounds fun
Ahaha yes it might be 😅😂
Last couple of days I'm active at Solanart and I can't believe how people are buying ridiculous nft's for thousands
I can't see anymore tier1 going under 1eth whatever price of eth is in that moment and tier5 for less than 1000
this is very sad... for us who become unable to play and for noob investors who many will lose their money
I think we must skip any game that has a paywall and doesn't let us play first to see how the game is, be it even a prologue
Both games are F2P
so why are ppl spending on much on bad units?
T0 lands are free to play
Because they can make money or use the resources in game. But you don't have to buy land to play
so they are feeding from a bubble, gl to them 🙂
Not really if you are referring to the land. if you believe ILV land is equivalent to crypto art (the bad crypto art) bubble, then you dont understand the space
I'm talking about this x.x
That's good, glad i clarified if you are referring to the land then 🙂
there's no land on sale
Yeah i thought you meant the hype around land sale or something
we'll have 20K lands on 1st auction, I hope we'll have enough land for most of us 😄
I'll be surprised if i can buy even one T2. Not going to hold my breath
That’s not what those are. Those are texture swatches for the main game.
i'm assuming we'll get an updated GDD prior to the land sale?
Something. Definitely more details.
I think Aaron said something about the working GDD not being shared on purpose - I'm sure we'll get some spoilies as we get closer though!
It’s also like 80+ pages he said
tbh don't even need a whole GDD. as long as we have more details about zero + land, then yay 🙂
yeah let's give them some weeks to work on it
When will the land sale happen?
no ETA yet
Ok thanks
Fuels will definitely be part of a shared liquidity pool similar to Balancer shared pools. It's in the proposal. The way that a land owner can influence the price is by selling their fuel. That's it. It won't be on the IlluviDEX.
The initial pool has a default location of L1 because IMX currently doesn't have the ability to create the stuff that we need. But they are working on things that would allow for this. There is no doubt that the eventual place for this is layer 2 with no gas fees. It just becomes a race between Illuvium to make the game and IMX to get those features in place.
As such the default is L1 which means one extra gas fee compared to what it used to be, but I can assure you everyone is working hard to make sure that anything not ideal is only temporary.
This is all already explained. Could you let me know what you want clarified?
No. We will give more details but the GDD is something that is now integrated into our entire metaverse design document. As such stripping out the stuff would take dozens of hours. Instead we'll just give you the extra details you need. 🙂
perfect!
Do you feel as though IMX can/will slow Illuvium progress? Since you have to rely on their development speed as well.
Not really, no. There is always platform risk. But the only other solution is to build the entire thing yourself, which I think would be slower.
And obviously in this case the simple solution is just to have this particular thing l1 until it's ready. It will be a smooth migration.
Land might not be worth it in the start of the game just based on the fact that there is so much hype around this piece of land that we don’t really know how much it is able to produce in a day. I would wait a little too see how good each piece of land really is and how long it would take to get that inventment back. I would recommend waiting for the 2nd action so you can see from people’s mistakes in the first auction. This is just from an investor standpoint though.
Important thing to keep in mind: There are lands out there right now worth a ton of money that do exactly nothing. One must always take into account the land itself, and not just the revenue.
If we put it in realestate terms:
There's other games out there where you cant live in your house, you can rent it out, etc...
In Illuvium owning your house means you can play in it, and by playing in it you get extra money. A bit like living in it and renting it out at the same time.
So you are getting at you can essentially use your land for its resources and rent it out to other people? What is the action of renting it out to other people in this scenario? Are you letting them use your land to farm?
No I don’t think that’s what he said.
What is he trying to say then?
He was comparing it to an actual house.
So what is the renting aspect of it
But in illuvium zero you own the land and also get to use it to produce passive income. All at the same time. It’s more like buying a farm.
No i'm comparing it to the housing market. You can play on your land and it will generate you stuff that has value.
Remember fuel is used for Illuvium
but fuel is also used in Illuvium Zero
and guess what, fuel will be used in Illuvium <redacted> as well
Illuvium zero is the land correct?
and there will only be one way to make fuel ever, land.
Ahh see what you are saying but what I was trying to get at is how long is it really going to take you to make that 20k that you spent to buy that piece of land
Well I pretty much knew that was coming anyways
So for example in the Dating Sim when Rhamphyre gets a drink, you can infuse the drink with hyperinos to get a good result.
You never have to. You still hold the value of the land asset. One day you can sell it too.
Yeah that's my main point. Land is basically gamified staking.
Illuvium Dating Sim confirmed.
Has there been an update on how many Tier 1, 2, 3, 4 lands there is to be approx?
Ok that makes more sense and yes I guess in a sense it is. I forgot about the fact that you can sell it later
When is the target release of this game 😅
Illuvium is getting delayed because the Dating Sim is being prioritized
sign me up OmegaLUL
so as of right now, a T1 land can't produce fuel but harvests resources right? but T2 and above can produce fuel?
T1 will need a special building to get the fuel producing at just a slower rate.
ooo gotcha. not sure where I read where T1 couldn't produce fuel. glad i double checked.
With said building cost more USD?
Not really no. Just time to build the structures. But you could pay for the building process to go faster.
It’s a city building game.
Ok I see I was not aware of said building
There are a variety of structures. With different purposes
so T2 and above will come with the building by default?
No. They will have fuel deposits to “mine” directly
Did y’all read it?
Some of the info is outdated (ie land amounts) but I think how the game will work is pretty on point still
How might gameplay work if I have more than one plot of land?
Maybe just Swipe between them
i did yesterday but i obviously missed some stuff haha. it's whati get for skimming it at 3am
Awesome, thank you!!
@vivid cipher you are the king of knowledge. thank you for all your contributions. it helps us new people a ton
Lol it took me days to figure it out
freaking perfect hahahahahaah
I really love the game development trivia.
I see that
Ilvz land will be Manhattan in crypto world :)
we need some kind of discord badge for this!
So shoot me 😛
hahaha
hey a dating sim means illuvials can mate. meaning... breeding?????? 🙂
Just wondering, how many of u guys have purchased some sILV on sushiswap to keep for land sales? Im really tempted, but gas fees keeping me in check preventing me from pulling the trigger. Considering its the same contract address provided from Moz4rt, I believe it should be safe. Not sure whether to scratch this itch...
i too am considering it, saves on claiming sILV as rewards and its being sold at less than half its true value will be in game or on land sales (as that value is 1:1 with ILV) scrounging around to find assets and cash to get some cheap sILV cos everything I have is already locked in SLP lol
dem gas fees tho.. been fluctuating between 80-120 gwei, so painful
wait for them to lower or find more money to make a larger purchase to justify the gas...... you know the drill!
Im still trying to figure out how gas is calculated on swaps. For example, im assuming around 80gwei may cost anywhere from 10-40USD depending on the amount of gas used right? And how do i know how much gas is required? Actually, let me do some googling about gas and such. Have never really figured out how the maths of gas works, i guess now is a good time as any to learn something new.
I think it's to do with how complex the code is behind it, so the more complex the code, the more it costs (or I could be miles off) - then obviously that is multiplied out by the gas price on top of this
Is it possible to get some clarity if IZ is still planning on releasing on the same time line (and the land sale happening on the same timeline) as was planned before, or will they now shift due to the main game being delayed? - after seeing Aaron here I figure it's worth asking
I believe IZ is scheduled for 8-10 weeks from now (approx) (cinematic trailer being released a few weeks before, likely to bring in max HYPE for lands sale)
My worry is that was the schedule before the main game got delayed, and the intention was to time up the launch of IZ with that of the main game, so things may now be adjusted. Just keen to hear someone senior (either an admin or Johnny) give us some clarity on if the main game delay does or doesn't impact on IZ
@bitter glade
Was this game designed to be fun or is the mini-game more of an investment typa feel
The only way it impacts Zero is with the timing of the server wipe
Remember that there will be a period where zero is going that you can build stuff, and then when Illuvium launches we wipe all that so everyone starts even
Fun is subjective, but I heard that they prioritize gameplay over the p2e aspect.
Gotcha, thanks for clarifying. We were a bit uncertain if the wipe would still happen at the main game launch or if it would always be a small window. Thanks
For the mini-game not the main game i meant, unless thats what u are answering to
The wipe will happen when Illuvium launches. building stuff before then can be seen as a trial run
Was I right in thinking blueprints would carry over though?
I was reading some thread kieren retweeted on twitter, and i read this where he brought it up as axie being good on mobile. So it got me thinking if this mini-game is actually fun and can withstand itself by its own, or if its a lot more dependant on the main game too
Not necessarily bad if its dependant on the main, i was just wondering
It will be a functional game all by itself.
Oh, okay. Not sure then. Guess it depends exactly how it integrates with the main game.
It's always funny because the second you actually give people a use case for it, they forget about the fact that it's still a game. Maybe that's the key, just make completely useless games and then people just randomly buy in. 😛
People can't believe that you can make money AND have fun! What is this sorcery?
Lol that's literally why I asked. Everyone always talking about the land sales and the fuel etc, but I realised no one ever actually discussed the 'gameplay' and if it was actually going to be entertaining to play. Which is why i brought this question up, but I think you guys are definitely making it a goal to make this shit fun and not mind-numbing things just for the sake of having land and some P2E aspects.
If you're into city sim type games, it'll be fun. If you're more into action and battling you might find it a bit stale. Personally I'm excited for the mini game
But then again, fun is subjective. Like how I find monster hunter amazing but others hate it. There is a free versions of the game anyway so there wouldn't be any commitment prior to playing it
Mini-game might be a lot more underrated as a result of this, I dont think mobile gaming should be underestimated by the community. The main hype are the land sales, but i believe a functional game available on IOS is just as big.
Well yeah fun is subjective, but obviously there are some clear ideas of fun vs something that is tedious/mind-numbing
Depends still. It's tedious to hunt the same monster over and over again for that 0.1 loot drop but some people find it fun.
I wouldn't be surprised if it grows a hell of a lot into a different beast over time, and while it might be fun earlier, it'll be very involved years down the line
The mobile city builder genre isn't everyone's cup of tea. It's definitely something more for passing the time rather than seat of your pants gameplay. But it will have strategy.
this ... we are making sure we make the play space rich in terms of the different decisions you can make, there are macro management elements, micro management elements, aesthetic elements (make your land look pretty) ... but if you only like high paced action games, you probably aren't going to find something for you in this
Plus, hell, being a fuel baron and actually having influence over the main game and affecting market prices of various goods is exciting to me. I can't wait for some hardcore economic warfare in the mini game
I think if the game can provide as a gateway to the main illuvium which im assuming you guys are doing / making it like anyways, it would be an extremely big catalyst for the success of the game.
The amount of people finding the game on ios and downloading it simply due to how easily accessible it on mobile and then venturing into the main game will happen a lot
Do yall think when the land auction rolls around, if there'd be a system where if you win an auction, you win the right to the land, but can pay for the land at a time suitable for when gas is low? It's something that has been done in art NFTs for minting.
No idea on that one. Because you can buy the land at a time that suits you already though (based on a buy now price) I'd be a little surprised if that's how they did it - what if someone then didn't pay up? It'd mess up the whole Dutch auction
Yeah i guess it'd completely ruin the whole point of a dutch auction if people dont pay. Man i guess we all gotta save some extra money up for gas
Because the auction will happen over an extended period, it might not make gas be much of an issue - well, more so than any other day with gas atm
What's the ratio usually on sushi for sILV/ILV
Anything under 90% I would consider to buy if I have some extra cash
Guys am i right thinking that the land sales will be staggered over time? i.e. soon release a swathe of Tiers with a Dutch Auction and as the game matures release more groups of Tiers up to 100,000? Sort of a whitelist for those of us in the know early and invested early?
No tiers are fixed already
They said how there will be no whitelisting for anyone
Understand Tiers are fixed and there is no whitelisting. I’m not explaining myself correctly. Will the sales be staggered over time so a batch in Dec then another say March etc etc
Yep first one will be 20k lands second one noone knows
There is no usually but currently you can buy sILV for around 2.5x cheaper than ILV (who ever is selling it are short term thinking chumps, much regret awaits them in future)
First batch will be 20k lands sold, there will be a total of 100k lands sold, so there will be 4 additional land sales after the first (20k land sold in each sale)
So does anyone know in the first 20K what Tiers will be included?
Lol hats crazy it's like a huge discount why would anyone claim sILV to sell it on that price just claim ilv
Well all tiers will be included, but no idea the quantities …
I would have thought leave T4-T5’s for the last sale so main game out and potentially we get more money in revdis
Maybe they will decide to do that, for now only supposition, nothing certain
Will look forward to the discussion on that one
It’s a way to lower your risk. It’s risk management.
People who want some liquidity faster for their investment, but for anyone who does want to buy land or have money for in game and has cash on the side they can use its a great way to get 2.5x cheaper in game and land money (and also not need to claim as much sILV and keep more ILV locked to keep compounding, so if ur staked and any sILV u buy for land and in game means more ILV ur claiming for compounding, then ur getting even better than 2.5x thanks to the ILV u will now claim and compound, great oppertunity for long termers
Where is sILV being sold for 2.5x less than ILV I’ll take some of that action if it’s legit
One sec ill get u link
https://www.dextools.io/app/ether/pair-explorer/0x13cf86f52d4a3000ca7349ce5cf107c248dfea81 (Also on that website if u search for WETH/ILV u can see the most current and up to date price on ILV in $ value ahead of coingecko and stuff)
Ultimate Hub and Defi App For Uniswap and DEX trading.
Cool lemme check it out, cheers
Also to buy the cheap sILV the currency is ETH, you will see
it's not that it's not believed both can be together, it's that I don't believe somebody will pay me to have fun playing
They aren't paying you to have fun playing, they are paying for the resources you generated while playing (and having fun in the process)
Exactly I was adding liquidity twice in the past on top of my first lock and I claimed sILV to have it ready once when game start now I can claim ilv and compound it and to buy sILV from the market
one thing is that we get some NFT that don't fit on our team and we sell it, another thing is we profit (make money) on the game
same goes for if we find a rare NFT and sell it, but these are exceptions
if it's fun, other ppl will play too, they won't pay us to play for them
They literally will pay u to play for them, shit loads of rich people out there that will wanna just buy the best characters already leveled up, someones gotta get those chatacters and then play with them to level them up lol
yeah there are ppl who will pay for strong starts and the sorts for the fun, but it's also exception, they won't keep paying for stronger units forever
I mean... when I was a little boy, I sank many many hours into the original Roller Coaster Tycoon when it first came out on PC. That's about the extent of my "city" building game experience haha. But I'M SO EXCITED for Illuvium Zero 👷♂️ 🤖
It won't have as many features as that, at least at the start as a mini game.
Do you envision dev to carry on long term on adding features to IZ?
Of course
Didn't expect that reply did you 😆
Will the council/community have any input on what's added? Maybe presenting some options and votes on what's added?
Hah, I know what Aaron's like, he wants us to make posh restaurants on our land so he can have venues for his dating sim to be based in
Is there any long term vision of bridging our land with other metaverses? such as future Illuvium titles?
in app purchases will be significant and could fund it to become bigger
Yes, fuel will be usable across all future games as I understand it
yes they plan to create more games on the future and they'll all be bound together, and I'm sure new features will be developed
The fuel generated from ilz can replace the sILV/eth required to perform certain actions in illuvium?
I don't think it replaces the sILV/eth. My understanding was that some actions require fuel, and therefore you need to get that fuel from somewhere
My understanding is for travelling you need fuel which can be purchased using eth/silv. Therefore, if you already have fuel then you wouldn't need eth/silv for travelling. But icould be wrong.
what's been explained is that there will be LPs where DAO and some land owners will sell fuels and receive ETH and players will spend ETH to buy fuel
All the actions that used to use sILV now take Fuels. sILV now buys fuels.
thanks Aaron
so there will be liquidity pools for FUEL-sILV and FUEL-ETH?
Sweet, this makes land very valuable.
there will be 3 types of fuel right?
yep
so for each type of fuel we'll have a LP with sILV and another with ETH?
no
there will be one shared pool with all in it and eth
silv is used in a different way.
The idea is to burn the sILV. We don't want it circulating
nice 😄 something like Balancer pools
will lands deposit fuels in our address directly on IMX? so we'll see fuels tokens increase and be able to spend them in-game or add liquidity to the pool or trade on the pool for ETH or just hold the tokens?
he said they won't use LP because LP keeps the token alive, it must be some sc that will burn the sILV
they don't wanna let sILV be traded for ETH and wanna burn sILV, somehow sILV must be burned a traded for fuel
maybe trade directly with the DAO? maybe the DAO send fuel directly from its production and then deduct it from the fuel it'll trade or deposit on LP
Will it be illegal the usage of sILV bought from pools? Was planning to buy some discounted to use for the land sales, to buy land
sILV is sILV - it's not "illegal" to acquire it second hand, it's just not officially supported.
Yes. Very.
Just in case, yes you can buy sILV from pools no problem.
Thanks for the answers!! Today is my birthday btw, feel free to send me sILV 😂
$tip @timber birch 5 USDC
@wind briar sent @timber birch 5.0000 USDC (≈ $4.99).
happy bday
Hello. Newbie here. Even tier 1 of the land still gives us the ability to mine fuel and resources right?
yes
Great thank you!
Do we have any estimate on the prices of the land in sILV?
It's a dutch auction. No fixed prices. When people actually buy is hard to predict. Also: #💰〕token message
Think I saw on the PDF that fuel would be only for tier 2 and above:
Tier 1 - Common Land (QTY: 1000)
Resource Site quantity: Low Resource Site output : Low Resource Site variety : Low Fuel Site quantity: None Fuel Site output: N/A
Fuel Site variety: N/A Unique Landmark: No Illuvial Tier: 1
Copy paste from last PDF on the pinned messages
thanks for that
earlier it was stated that you can "build" a building on a tier 1 land to mine for fuel
Got it, thanks for the info!!! Thanks for the gift also @wind briar 🙏🏻😁 u rock bro
Is there a way to get land for free? Like by grinding through the game?
t0 land will be free
What can you do with that?
everyone gets a star 0 land but no the only way to get better land is by buying it
links can be found in the pinned on this chat anyways mostly
Just playing like normal city building games
T0 lands do not produce things that will make you money only the T1-T5 lands will make you money which will be coming out in an auction in about 8 weeks
T1 = 90626
T2 = 8496
T3 = 796
T4 = 75
T5 = 7
How much will they cost?
are these confirmed amounts?
its a dutch auction so its gunna cost whtever people are willing to pay for it
no
Okay so what you’re saying is they’re all gonna pretty much sell instantly lol
not necessarily, itll start at like 100million dollars then 99 millikon and go down until somoen buys it
Definitely not, the prices will start excessively high to avoid that
Doesn’t that disable everyday people from buying it though?
no not really
there is 100,000 pieces of land
Axie has a lot of land plots and the cheapest sell for like 12,000 dollars idk
and u can use Silv to purchase it, so if u claim that as reward for staking ull be able to use that to purchase land. So you can gain an advantage by providing liquidity in the meantime
^
Oh that’s good to know. I only have 2 ILV staking but something is something
u dont need land to play the game at all tho, and the DAO ensures that its balanced
true also you will be able to use eth to buy the land too
I know. It’s just it seems really cool the idea of having your own base and mining stuff so that you can sell it. It seems cooler than normal gameplay to me. I’ve always been into games like clash of clans and stuff.
I just hope it’s atleast somewhat affordable
yeah and this combines those games with stuff like pokemon and tft. hoenstly im worried i wont be able to afford land either. If i cud get a tier 1 ill be happy but whales so who knows. Also i dont wanna claim like 5k silv and then when the auction comes around tht wasnt enough for a piece of land id be upset lol
the only thing is the land you own is a 1x1 so you will only be able to buy builds that are like say tier 1 then if you want ot upgrade you will need more land so like a teir 2 building takes 2x2 or 1x2 then you will need more land so having land is great but if you want to build like upgrade you will need to look to buy more land in the future from your neighbors wich isnt a bad thing
this method will promote in community relations which is a good thing
Is the mining passive? Like do you have to actively play for the resources to be produced or do you just put the machine and let it run.
i believe its a passive thing so long as you built the miner
And the land is in the same place and the normal game?
Will people be able to see our machines and stuff while hunting for illuvials?
Hopefully i will be able to get some land
this idk if that is gonna happen all ik is that the land that you use and all will be displayed on your phone as a mini game
Land sale is in 8-10 weeks?
like Illuvium zero is where all the building and so on is going to happen all the resource and so on will be used in Illuvium but how i understand it is you will call for it like an airdrop almost. You wont go to your buildings in agme
Mid Nov round there
Based on Kierean or Aarons statements I think we will get some more Tier4s than 75, but that's just a feeling of mine
i also do believe so too that we will
I think the 7 Tier5s introduce enough rarity at the higher end. I am Ok with 400-500 Tier4s
Thats still only 2% of land supply
i believe it will be more of a thing like at least 1000+ teir 4
Tier 5 from what i understand wont be sold at all its used for arenas
Hm 1000 might be too much but still OK for me. Yes Tier 5s will be sold like all the other Tiers. In a Dutch Auction. Starting at a very high price and falling. Whoever buys first will get it
How do you divide the 3 fuels? They can't have different value? So 1 token instead of 3?
yeah at least a couple million
What about tier 1 price?
Estimates have ranged from like 500- 5000
yup, higher tier means more resources, and tier 5 means more resources plus something else...
How much money do you think you will make with a tier 1
No data has been provided for that.
maybe all 3 will be price linked: like fuel1 - worth x, fuel2 worth 1.5x, fuel3 worth 3.5x so their values are interlinked (because ive hear it mentioned that everything is basically valued in ETH but its not really interesting or game like to buy ETH for ETH and then mine ETH and put some ETH together with some other ETH to craft and ETH which you can fight with lol) but so the fuel types are just like a wrapping that makes it more interesting (SPECULATION ALERT)
Balancer supports multiple tokens on the same pool, but its pool enforces a fixed percentage on them, that would force in example all 3 tokens to have the same price
Everything is pegged to USD , not eth.
fuel prices won't be fixed, so they aren't linked to USD
I didnt explain right, i know all of that sorry
if they use LP, we'll need to know what LP protocol they're gonna use, ALAIK IMX doesn't have any LP system deployed
wouldnt it be more profitable to play ilv zero due to demand for higher level shards?
ilv needs shards from ilv zero, but ilv zero doesnt need anything from ilv to make money
or am i missing something
I didn't see any word about shards curing rely on ILZ
there are 3 fuels and blueprints, I think it wasn't said what the other 2 fuels will be used for and I still don't understand what blueprints will be and how it'll work
I hope the game has some serious ROI
I was making some calcs a few days ago, there's some data we need to be able to know how much each land tier may be worth for a ROI
I want land but I also don’t wanna buy it before launch. And by that time it’ll probably be a lot more expensive to buy
yeah, deppending on how much raw revenue lands generate and how successiful the game is and how many daily active paying players it has, next 4 auctions may highly drop lands price or 1st auction will be a unique chance to buy them cheap
We’ll see
yeah 🙂
yeah it really is 50/50
let's give them time to develop and simulate values then they'll give up more info
it's better that they don't give info than they tell what they suppose now to later see they need to fix something and change our expectation
Yeah agree 👍
Doesn’t matter ROI boys. All that matters is that this game is gonna rule the world and we’ll want a piece of land of it ✈️
This so much, this game will blow everything out of the park
this is gonna be the king of all kings
You can look up shared pools from balancer.
Thanks i'll do so
This is a very easy read on the subject.
This has a little bit of math, but it’s fairly straight forward. Interesting for some. Basically they create an n dimensional surface invariant rather than a constant product used for pools with pairs.
Well math isnt one of my strength so for me its not really comprehensible. I'll trust those that understand the process.
Aaron is too big brain ❤️
Ill figure out on to explain it like i'm 5 at some point.
cool so it's gonna be a Balancer pool 😄
sad I'm gonna spend all my fuel traveling and won't be able to add liquidity to it 🙂
Thats the beauty of it
You will have to

Well 90% of what you produce is taxed, so maybe you can directly use whats left if its connected somehow to IMX at some point or if you can send that token yourself
But you wont be able to use all you produce
I'm just considering that 90% of production is owned by DAO and 10% by us
but now that we know fuels will be on LP, any trade fee will go equally to all of us, DAO won't have preference on it
maybe they change it, and don't let we add 90% of our production to LP but let us spend it on our travels?
Good read. (Title says Estimated 12 mins... took me like 25 😅)
That seems about right. Estimate doesn’t take into account complexity.
what's the idea behind 90% of lands production going to DAO? I was never able to understand why
It’s an arbitrary number that puts a bit of breaks on how much can be earned. The Dao can alter this as it pleases.
If for example 100% went to the land holder there would be no on going revenue for the Dao.
Remember this is effectively giving 5% earning to land.
I see, that's what I was thinking 🙂
Have I understood this correctly that you can only choose to play either Zero or the main game?
You can play both!
Sawheet. My heart was torn to have misunderstood that. Phew.
they are independent games
No such command that I know of
They will have a higher skew toward more at tier 4 Less at tier 1 than those numbers. That was just the example of what it would look like if the progression included the 7tier 5s. But it won’t so that is certainly not the proper numbers.
I'm pretty sure Aaron did say this in Jake's latest on chain gaming interview, but I think it was a mistake (blasphemy I know...)
I think he just meant, you'll have to choose how to spend your time. You likely can't go balls deep on both games on launch.
Yeah it’d be too hard to fully multi task both games to get the chance to be the first to do many things in both games. It’ll be a hard choice for some. For others it’ll be just where they are more likely to find themselves. A little while on a phone. Or a longer time on a computer. I know where I’ll likely spend more time. 😭
Just wanted to check. The land sales will be transacted in sILV and ETH right? So does that mean that sILV and ILV is technically supposed to have the same value?
For the purposes of the land sale and in game use…yes sILV will be valued at ILV price.
It’s like a gift certificate or gift card.
So in that case, I would assume if they dont have sufficient sILV then they would top up the balance in ETH right?
Not known if you can mix tokens when buying.
That’s a next level smart contract interaction. Or a second transaction even.
So the team is looking at that as a possibility but it’s not known.
But it is very unlikely that someone would have the exact amount of sILV required for the plot of land. But besides land use, im assuming you will be able to use it in the main game as well as sort of a ETH replacement?
Exactly
!silv Yes, as this was the initial usecase 🙂
sILV is a substitute currency that can only 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. The value of sILV in the game - and for possible sales where sILV is allowed - will be equal to the value of ILV.
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.
Yeah you would have to speculate a bit how much you claim
Hello, was ilz's timeline affected by the main game's timeline readjustment?
dont know as of yet
Gotcha, trying to plan out the eth ill be able to accumulate til day 0. Also, have a few questions during the auction:
- would the current offers be visible to everyone
- Is gas required every time you make an offer? Or withdraw your offer?
There is one price for all going down with time. you chose when to buy as does anyone else. yes, buying will incur a gas fee. The sell will run in a Durch Auction style. Price starts high and drops down over time, whoever buys first gets the Land, but here will be many lands per tier
Oh, okay. I thought that we could park an offer and when it reaches that price you win the auction.
I dont think there will be limit orders, maybe if we are lucky, but that would be visible to anyone else and they can frontrun you
Yup that's what I was worried about. I thought that we could make a hidden/visible offer on a specific land but since there's gas involved that wouldn't be smart. It's better to have the prices go down on their own and however wants to buy it at the current price wins.
Yeah I think tahts too complex to build in that short amount of time left until landsale
Anyway, crystal shores really is intriguing due to the unknown affinity it has on it's description. I wonder what's hidden there.
Haha yeah, could be big 👀
does anyone have a link to the illuvium zero whitepaper? I'm interested in understanding the economics
Pinned in this channel 🙂
Both the gameplay GDD as well as the tokenomics one.
Stormi always coming in with the timely answers 😉
- do land sales be on eth or immutable x ??
On ETH
- do they have base price .. i herd there are 100k of them
20k will be sold in the first sale. They have a starting price that will be suuuuuper high and then go down with time until someone buys 🙂
so 100k - 20k = 80k in the upcoming sale... I heard tiers of land will be there, tier 7 and 0 have the same price...
5 paid tiers - T1 to T5
Yeah there will be 80k for later landsales. T1 to T5 will beavialble
Different tiers will have different prices
T5 will onnly have 7 available, while the T4-T1 will be more available
Join ILLUVIUM's discord for a chance to win an exclusive 1 of 100 On Chain Gaming Illuviual NFT: https://discord.gg/v4ddZVXW4B
In this video I talk with Illuvium's Co-founder Aaron Warwick about Illuvium's vision and gameplay! Illuvium is an open-world RPG adventure game built on the Ethereum Blockchain!
🔔 Sub for more blockchain gaming videos: ...
i saw this just now. Aaron says that players in illuviam zero cant play in the main illuviam?!!
no one will be able to answer this question but .... bet how much T2 one plot will cost.
purely speculation
I think T1 could be around 3k USD while Tier 2 maybe 5k USD, but all just speculation
I think he meant that you'll have to decide which game you're dedicating most of your time to when they launch. It's unlikely you can go super hard on both games when they launch.
just a case.. if I buy 1 plot for 5 k should I need extra funds to still pour into land to generate resources ... or just its time that will generate resources
any one can answer
No you wont have to if you dont want to, you can trade the ressources you make for others you need to buy, thats how i understand it
Check out the video. He mentions a lot of new info.
I got excited from that video and then only I am interested in asking land related question
have you read the GDD yet for all the things related to land
Were... Hungry for that
in the pinned messages is the GDD there is alot of info you will need to know or want to know in there
Thx....
👀
i'm sorry, I am new to the entirety of crypto so can someone please explain what this means 😄
Quoted from page 8 GDD:
Illuvium: Zero is designed as a game that could potentially be entirely free to play, assuming that there is no connection to the main game via revenue sharing.
does this mean that there is no connection between Illuvium zero and the main game at all if you are F2P -> Therefor also no connection between land-owners and F2P so there would exist two different markets for P2E and F2P? 😮
Correct me if I’m wrong but this relates to the fact that anyone can play the city builder game on free land but cannot extract value from it into the Illuvium ecosystem. Only those that buy land can extract value.
There is a connection in that Ressources form land can be sold or used in Illuvium
Sure, but if the F2P can trade with the P2E side of the Illuvium-zero game, you could make F2P lands that generate similar amounts to a tier 4 land, and then sell resources cheaply to land-owners who then make profit off of that. more F2p Accounts -> More money for land-owners.
also, T1-3 lands would thén only be useful to accrue resources from F2P lands.
F2P Tier0 will need a lot of time to make some money.
can't F2P boost their buildings in a similar fashion, by speeding up with Eth? So they would not need to pay say 1Eth to buy land, but only need connection to a land-owner to make money
May want to double check that F2P land use provides any value. My understanding is that it does not.
Tier 0 - Virtual Land (QTY: Infinity):
Free land that is not connected to revenue share. This land would be similar to Tier 4 land, meaning that it would have higher outputs but without the unique landmark.
I think in the latest podcast Kieran did he mentioned there will be a possibility to earn with Tier0 but it will basically be 16 hours of work for very little reward
alright well my question remains: Will Virtual land make more resources than a T1-3 land, and if so, can they trade with land-owners. Because if they do, then T1-3 land is basically only a funnel to transfer resources from the F2P side to the Illuvium side to accrue money. The more F2Pers there are the more resources you get and money you can make.
at about 41m 20s into the On Chain Gaming podcast Aaron says you've got to choose at the beginning from Illuvium Zero or the main game but you can't choose both, was that everyone else's understanding as well or am I putting too much meaning into it and he means that you can't play both immediately right when the game comes out?
You can play both. what he means is that you have to divide your attention if you do. And you wont be able to attain anything if you dont strictly focus on one in particular. Thats why you have to choose
Ahh understood I figured I was putting too much emphasis on it haha
If Illuvium Zero is just a city builder I can't imagine it takes a ton of time though? Maybe it's more from a resources standpoint?
There are two ways of playing, either idle gaming or activating each seperate instance of gathering/collecting. The secondary i guess giving you more resources, but also being that much more time consuming. So you would have to play a tón to get somewhere.
Yeah, poor wording on his part. You can play both games, just unlikely both to peak efficiency
I guess it’s technically possible (though I think this is unlikely) that he was implying that you couldn’t have one account/wallet that is connected to both games. But even then you could just transfer fuel and blueprints from one wallet to another.
Tough to word everything perfectly lol I loved the interview, I just wanted to make sure I understood correctly! Thanks guys 🙂
Blockchain metaverse cannot be stopped.
Damn I don't love this you know people are going to overpay and I don't want to be that person
It will be tricky to time it, yes. Some will FOMO in too early, some will lose out because someone else buy right before them...that's how such an auction works.
The great part about it is that if you hold ILV tokens you benefit no matter what from the revenue distribution.
Can you explain what you mean?
Only if those tokens are staked 🙂
!revdis
The tokenomics of this DAO include a 100% revenue distribution (could be subject to change - DAO governance). This means that any kind of revenue generated through sales or in-game revenue is distributed back to holders of staked ILV. The same max supply of 10 Million ILV will be used for this purpose regardless of how many games the DAO develops.
Revenue distribution is paid out in the form of unlocked ILV and the payout is done multiple times a week without a fixed schedule. Before paying out revenue distribution, the vault converts ETH spent in-game into ILV by buying it off the market which puts buying pressure on the ILV token and thus supports its price development.
and great part is that time is an equalizer, no need to sweat over the perfect entry
lots of people “overpaid” by buying too early or buying too late in the balancer sale but if they didn’t sell they are very happy now
i think land sale will follow this same path
All of the proceeds from the land sale get distributed to ILV token holders based on the amount of ILV tokens that they have staked
Oh is that why APR is only 2% on sushiswap? As that's nowhere near worth it. Basically people are staking past what's traditionally worth it because of the benefits from the land sale?
You'll want to be staking on the Illuvium website. If you haven't checked it out, I highly recommend looking into it. There are 2 options. 1 is a liquidity balancer pool in which you must stake an equal amount of ETH and ILV, and the other is to just stake ILV on its own. Go to the staking channel for more info.
thanks
probably give access to land sale for early community? 🥲
been here since 10k members 🥺
or ilv holders yeah 🤲🏻
we threw those sorts of ideas around, but we ultimately decided it should be open to everyone
That's the right approach imo. You don't wanna create a siloed elite above everyone else. Community should be open to everyone
hmmm so this mini game will be permanent addition or it will become just an add on for the main game as fuel producer?
mobile game is permanenet
it's independent and they interact
Fuel producing side-game that will be tied into all/most of the other things developed in the future 🙂 You can find both GDDs in the pinned messages in this channel.
icic. cuz i was reading the iip10 and it says data will be wiped for v2.0 so i am guessing the builder portion will be gone
There will be a wipe of Illuvium Zero around the main-game release, yes 🙂
but i guess once i think about it, it prob beta before v2 and certain data is just cleaned up. then we can start it again?
or zero will just end up as a land for building fuels?
No idea how far the team is going to take IZ 🙂 Probably depends on future proposals as well.
ahhh ic. cuz its quite confusing. though i will like it as just a land with minimum work(or automated harvest etc) so we can focus more on the main
Yeah he is saying this from the perspective of someone who writes himself books in his spare time. I dont think he is taking into account just how much us degens can game.
versions 1.x will be finished versions, but won't have all the content they plan to have, they will wipe data so that nobody start main game having full production on Zero
this way nobody will start main game with more fuel than the rest without having to buy it
Sorry i saw you were replying to questions @bitter glade , are the Illuvium Zero Virtual accounts able to trade with the land-owned accounts? Will they then produce more than T1-3 (similar to T4s right)? therefore making T1-3s ónly viable for sluesing through resources to Illuvium?
No. Virtual land is a sandbox system that doesn't interact with the others. Or it causes too many problems.
Exactly! Okay thanks! :)
What do the buildings do on the land and are they a separate purchase when you buy land?
Pinned in this channel is the GDD where all buildings and resources are explained.
T0 wont make any money. They wont be connected to the marketplace on the blockchain.
how will be fuel production on T1?
Does anyone know if we get land stats and choose land for purchases? Like what fuel and resources are on it? Or are we shooting in the dark
You will convert ressources to fuel with converters
Since you cannot extract fuel directly on a T1
so it doesn't produce fuel but we can convert other resources?
You will yes
Yes
what are other resources we're able to produce?
Abyssal Basin - Rich in Hydrogen. Water Affinity is commonly seen.
Brightland Steppes - Rich in Carbon. Nature Affinity is commonly seen.
Shardbluff Labyrinth - Rich in Carbon. Earth Affinity is commonly seen.
Crimson Waste - Rich in Silicon. Fire Affinity is commonly seen.
Halcyon Sea - Rich in Hydrogen. Water Affinity is commonly seen.
Taiga Boreal - Rich in Carbon. Air Affinity is commonly seen.
Crystal Shores - Rich in Silicon. Unknown
All in the GDD yes.
Crystal Shores - unknown 👀
Haha we like the sounds of that
I love mystery guess I'm gonna have to buy some crystal Shores 🔮
a Tier 2 crystal shores with:
Solons
Solons are usually required in high level Applied Science buildings.
NOTE: If approved, Solons would become one of the catalysts required in the Zero Point Forge for Illuvium. Specifically they would be a power
source for curing a Shard.
Sounds lucrative
I love games with some resources that are bound and we need to manage them 😄
@bitter glade Nice interview , its like waiting for you to spill some info that is not out yet! 😄
If Tier 0 does not earn Fuel. What is the goal to buy a Tier 0 land ?
Afaik tier 0 is free?
To play for fun, presumably.
you dont buy tier 0 thats free
Nice 🙂
So Free to play with Tier0 land. And Dutch auction for Tier 1 to Tier 5
yes the tier 0 is free and the rest is dutch auction
hi friends im wondering if there is any estimate when land will be sold or announcement just wanna make sure i dont miss it
any rough estimate will do thank you
Can someone please put sILV contact here
!contract
ILV Token: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
ETH/ILV SLP Token: 0x6a091a3406e0073c3cd6340122143009adac0eda
sILV Token: 0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2
i heard it said in an interview that if u grind f2p long and hard enough there may be a potential to actually be able to use that to be able to get into the paid world eventually.... or has this potential been decided it cant work without destroying the underlying foundations (i will be paying to play myself, but just to be aware so im not spreading misinformation)
That is for the main game
Maybe. If the market decides that the time people spend grinding T0 is worth something
market dependent, makes sense, and regardless of market or anything T0 land is never going to have $value, sweet good to confirm
Is the first blueprint found gets dividends still happening?
Blueprint mechanic is not confirmed yet
Gotcha thanks, it's my secret craving 😂
If you ever need contract address again they are pinned in #🥩〕staking
I HOPE that f2p players can earn SOMETHING. That's what gets most people so interested in blockchain games...
true but for one to earn the most out of the game you will need to pay
this also promotes to look at the game as a investment
the point of f2p is that you just enjoy the game and figure out how to play, if you want to earn then naturally you have to put up an investment first.
how much you guys reckon the prices of each tier land would go for?
I think T1 will start from 5k to 10 k , but to be more sure about price range we need to wait and see more info of how resources get disturbed between lands, how much resources you can mine per day and what prices they are going to be sold at, as I understand even though they can fluctuate , their prices is going to be monitored and controlled to not go crazy
Yes, it would be easier to calculate with cashflows. 5k-10k for tier 1 is a lot though.
my estimate for t1 is around 1k USD, but with a dutch auction theres potential for it to be much higher. all depends on how many people are set on getting land
Did they mention how many are tier 1, 2, etc... from the 100k?
yep, lemme find the chart for ya
I don't think it is a lot , 1k seems low so it means that T1 has very, very low earning potential , prob like 500 a year
chart is annoying to paste but the gist is :
Tier 1 - Common land (QTY: 1000)
Tier 2 - Uncommon Land (QTY: 250)
Tier 3 - Rare Land (QTY: 100)
Tier 4 - Ultra Rare Land (QTY: 50)
Tier 5 - Mythic Land (QTY: 10)
^ also, if you take a look through the pins you can find the GDD which outlines most of everything you'll need
Thanks. This might be wrong. I heard Kieran in a recent interview with Vulcan that there will be 100,000 parcels and that level 5 will only be 7.
the one you posted is 1410 only
i copy pasted that directly from the GDD
what is the GDD?
just found this #🎮〕illuvium-zero message GDD is the game design document,
it is just to show how rarity works, don't mind that list
so which list is correct?
I think it's pure speculation at this point, but I think 20,000 of the 100,000 total lands will be for sale in the first sale unless there's been newer information released
there is no correct list , only thing that we know is that there will be only 7 - T5 and 100k land plots
of which 20 k will be sold in first sale
thanks. it does say in the GDD that "quantities are suggested only and can be tweaked as necessary" so i see my mistake
Need to create guilds
There might be newer info but it's not collected in any place yet, I don't think. But I guess we can do some math for fun cuz why not. If we assume ILV remains around $600 at the time of the sale (altho i bet it's higher), there's about 8200 sILV already claimed. Assume most sILV will be used for land, assume another 2x on sILV claimed by the time of the land sale, plus another equivalent amount in ETH. About $20 million raised. That's an average of only $1000 per land. I'm sure the T5s will accrue FAR more value than T1 s so assume a very uneven distribution. T1 lands might be very affordable (maybe even cheaper than the gas if the auction gets heated). T5s easily could go for $1 million plus. Of course this is just pure assumptions---maybe people will spend more ETH than sILV, maybe fewer lands go on sale, etc. etc. (revised)
Someone smarter than me can probably do a more fulsome analysis as we get more info about the sale. But I don't think people will be foreclosed from T1s necessarily (altho depends on a lot of factors of course)
I hope we can afford to buy some higher tiers. It would be more fun for all of us
This is my plan. Of course none of this will happen except maybe one tier 1 and even that's not a 100%.
that's a lot, but why not go 16 parcells tier 1 and 2? they míght (not official) add that you can fuse parcels together to make a 4x4 parcel.
didn't think of that. good idea
Updated
What happens if you purchase someones land on opensea, would the land reset or would you keep all the buldings they've built?
good question... 👀
as long as we don't have to spend to build buildings, it can be wiped and we just build everything again
I think that may actually be the floor land price scenario
LAND PRICE SPECULATION
8200sILV has been claimed so far, these calculations assume that by land sale this number with double to 16400sILV and that it will be all used to buy land.
Bear land price prediction: ILV price still $600, as much ETH gets used as sILV… therefore total land sales are $20mil, average land price $1k (as there are 20k lands) (T1 land likely around half the average price as higher tiers will be exponentially more expensive so T1 land only $500)
Bull land price prediction: ILV price goes to $2k (due to trailer hype before land sale), 3X as much ETH used compared to sILV (due to trailer hype more outside investors come in wanting some of the land but are not staked and have no sILV)… therefore total land sales are $130mil, average land price $6.5k (as there are 20k lands) (T1 land likely around half the average price as higher tiers will be exponentially more expensive so T1 around $3k)
(everything above is riddled with assumptions, which have been explicitly stated, nothing above is financial advice, just some fun playing with numbers for visualization purposes)
could even potentially go beyond that bull scenario (the revdis would be INSANE if so lol) honestly do not see it going any lower than the bear case
Can I buy Fuel by sILV instead of ETH ?
yes, sILV can be used for everything in game except wagering and the public exchange which is all in ETH, but you can do everything which is a necessity in the game with sILV only
Thanks! That's so helpful.
As I read in the GDD, Resources can be used for building and convert to Fuel. I wonder if it will be used in main game for crafting item ?
I think you will have to swap resources for fuel. But not sure.
Keep in mind that additional functionality could be added to the land in the future.
This is from the GDD
There will always be functionality to keeping an ILV though
You can convert Resource to Fuel by a Fuel Converter
I understand the fuel converter is very wasteful
Can I know the reason ?
from GDD
Fuel Converter
A Fuel Converter is a Building that requires a large amount of at least one Fuel in order to generate another Fuel. The generation cost is high,
and inefficient, but is required if one does not wish to trade on the Marketplace.
So if you made one fuel you could swap for another more cheaply than using a converter
So you would just resort to generating 1 resource for fuel and then selling that fuel.
True, I think it's better to produce a large amount of fuel in one go.
But a T2 land can just straight generate fuel and resource
And also produce more resources
Indeed i feel like T1 land would be a lot less valuable than a T2 one since T1s make a lot less profit for the reasons you mentioned.
Potentially more sights for production and faster production and fuel production
Just depends on price disparity between the two.
Im mostly interested in the Solons
Is the sale still looking like oct/nov?
I'd say more November than October. But we'll have to wait for more details regarding it's going live
Anyone have a link to the gdd?
Everything you seek is in the pinned messages
Thank you
🤞 for November, that might at least give me time to pull together enough funds to get a plot of tier 1, maybe even tier 2!
I wonder if people are really gonna drop 5-10G's on land
I just wonder what point you will reach your ROI
I’m sure people will drop a lot more then that.
i would say like depending on the market and player base like 5 - 8 months
for me i don't think i would buy more than one piece of land, since you would have to do those tasks manually for every land right? do you all intend to hire scholars?
what tasks are you refering to now
upgrading buildings for every piece of land
once you upgrade the building it will take time to do so so its not that bad
scanning, activating resource production etc
i mean most of LZ is on your phone
since "The Building has actions or passive generators which extract the Resource" i guess passive generation would give you less resources.
so it would be best to have one person handle a single land, i imagine these actions as being like Dragon city where activating the farm every 30 seconds would be most efficient but for more than 1 land rather hard.
i would say if you have more than one account maybe sure but at the same time tbh i think you would spend about an hour or 2 a day setting what you want to happend anthen just waiting and watching what the progress it
My logic is buy one of the most expensive land I can, then nurture it like it's my new born child
hahaha i agree
Fair Lashmar, but if they implement 2x2 and 3x3 lands (after a while possibly) would you not rather have 9 lower tier lands?
Honestly, no. For me I'd rather have 1 higher tier. I'd be that douchebag holding out when a whale offers me big money
also
i would definitly sell if it could buy me a house lol
I just personally don't see the appeal in controlling a big area of okay stuff, when I can own a small area of great stuff
land that is tier 4 will have teir 1 or tier 2,3 land next to it so if you wan to expand it you wont need a tier 4 land
and if your building that you built of started on the tier 4 it will continue generating that rate even with expansion on the other tier land too
Where'd you hear that? There's been no approval for merging land yet I thought
nope no approval but it is stated that there have been thoughts about it in the early GDD so possibly right? 🙂
My understanding is you'll merge lands to build buildings too big to fit on just one parcel of land - I assume you'd need to knock down old buildings for the mega factory - but it's all assumption
I will, or more
i will check something then get back to you on what i think i understand
They will reveal a lot more before land sales so don't worry too much about this lol
There's been no info on it really. Just Kieran saying he wants to go down that route in future. Anything can change
true but its always nice to see what we might come up with XD
I think adjacent lands will be good and useful, but when and how will be pure speculation
last page of the GDD pinned in the chat talks about megacities though. So it has been thought of in one of the earliest GDD concerning the minigame
But then, do you want adjacent lands in one region or lands in every region?
if you have 1 land in every region you can trade with yourself. If you have land in one region you can more heavily influence the price of a resource 🙂
I'm gunna start a cartel and spearhead a propoganda campaign against the other crappy regions
I don't think it's gonna be significant, except if you are a whale.
ofcourse 1 land in each region or 7 lands in one region makes no difference in the grand scheme of things of 100K lands lol
so in the GDD in the expansion section it has that ppl who want to expand can merge lands with lower tier
but its up for change they say
yeah and highly speculative
Interesting. Very much a maybe, but useful to know
so make sure you buy next to high tier lands XD
yea true is a big maybe but the though behind it is good tbh and then would help say like the person who bought a tier 1 actually get a profit on the land they bought
You buy next to a t5 and you're like
"So my t1 land is worth 500k, heard you wanted to expand?" 😆
lol
Just curious. If you had enough money to buy land, would you buy one T4, or two or three lower tiers? 🤔
i would buy 1 t4 since i don't have time to manage more lower tiers
i would buy more lower tier land
I wonder how land much to equal a minimum wage worker in the US. 8 hours a day 40 hours a week @$8.00 USD.
Why?
A digital piece of land could make more than a human lol
Very convincing haha 😆
Wish you can make polls on discord. I am having that same internal debate
I think i would buy more T-2's
if you have a lot of friends who like playing that type of game, i would say: Share land with them and turn them into casual scholars
They make rss and fuel
I think buying more than one plot of land before megacities is a waste. It is not like you will buy multiple main accounts either right?
so the over all value of the lower tier lands would in my opinion be worth more to ppl who want to expand and also gives me the chance to learn more about all the building mechanics that are offered and then can make a accurate pricing for the land
And you cannot do that with T4? So you plan on buying more lower Tiers to learn building mechanics? So I assume you're planning to spend some part on land not go big and all in.
The advantage of buying multiple lower tiers is you could sell some off to expanders in time, and have a higher chance of being a plot someone needs
hmmm i would but at the same time i think its also two ways of doing it tho like that way and the one i explained. cause if you have a t4 and you go big you can only build a tier 1 building on it thats it but lets say i have 4 or 9 tier 1 or 2 then i have expand to teir 2 and tier 3 building that offer more and in so doing might increase the value of everything that i can bring from it
this too is also what i thinking with it
Yeah true, but I myself am a person who'd rather $ come in regularly than to wait for someone buy a property of his so he'll get paid for it. It's a matter of preference. The choice between going all in ILV or land
true
Personally aiming to get a 1 higher tier, easier to manage and would be worth more in the future too
Lots of ideas really. For me first and foremost the Dutch Auction is a beast that needs taming 😆 then a combination of what you all said.
lol agreed
Yea the dutch auction is gonna make things quite interesting, there will always be the aftermarket aswell though
My hope is to pick up one of the worst of a higher tier. We'll be able to see what land offers in terms of resources, so let the whales fight while I'm trying to snare a 'bad' T3 for example
(joking) Just make sure you make room for me to buy a T2 land for like 3K orso xD I really want one. :/
The thing is the rich can always compromise. They have enough ILV to enjoy RevDis and can experiment with whatever land they want. The ones with fewer ILV need to be cautious what road they're taking tbh
Thats true, quite a few decisions that'll need to be made, need to determine if claiming sILV and using it for land/ingame will outweigh the gains of simply staking ILV
Personally I don't think anything will outweigh RevDis as it's growth is literally pre-planned. Land and it's worth is just speculation for now. It might even do 100x in a short term who knows, but that’s the thing: WHO KNOWS. Anyhow, just wanted to throw in my opinion 😆
Really hard to make any decision without more information, i am concerned about which round i should buy in, should i wait till round 3 or go in round one, which one will have the higher prices?
We aren't in a rush to make decisions either. It's fun to speculate but Aaron said we would be filled in on all the details before the landgrab so we could come to a good decision.
I guess the Dutch Auction is already disturbing your peace 😆
The higher the prices the better for the game in general, i just think it would be a shame for whales to buy up all the land
True, but you should make up your mind fast in case you need sILV to buy land. For me, if I claim ILV now, I might not have enough for a potential T4 by land sale. So, gotta have a decision on the ready
I mean all we can do is speculate at this point XD although I still see the game being profitable to play, i.e. capturing rare illuvials, only downside is getting emotionally attached to them so you won't sell em
i have decided to use ETH to buy the land, i dont know if you can combine sILV and ETH to buy the land?
same ^
Whales will always do what they do best: invest. Good thing is smaller investors will benefit from whatever decision they make
No information on whether hybrid purchases will be allowed yet
Not clear for now. The idea has been presented
i would hate to be short .0001 sILV and loose the auction
Be short sILV and yet have a lot for in-game stuff. That's the worst that can happen
I am just excited to play the game, i played axie and did not like the game play, sold my axies and going to wait for illuvium to come out, the discord numbers are high for a game not even in beta
By this rate, well be close to 300-400k if not more by the main game
Yep, that could be a good reason to buy land early, let say a tier 5 goes for 5 million dollars, or maybe 10 million dollars, the buzz that sale would create would drive land prices up in the next coming auctions. Discord grows about 1k a day.
That's a lot of Zeroes lol
a 10mil sale for land would be mindblowing and yet i still feel as if it could get close to that number
Could be well worth it, lets say the tier 5 owner has the right to sell viewing rights to a tournament tv or advertising in the game, could be worth a lot more than 5 million, esports is taking off! Have they ever thought of selling advertisers the rights to name illuvials?
Hello how can i play the illuvium game??
not out yet, Q1 2022 release. check #❓〕faq for info
Thanks
Headed to dinner, nice talking with you.
Bon appetite. You too brother 🙂
a massive tourney on t5 land could bring in tons of money for whoever owns it, good thinking. advertising potential could be through the roof
what part of the GDD speaks about visiting the game frequently daily to collect rewards?
Not the gdd per se but Aaron saying in the last interview: "You would have to choose one of two games to invest your time in (so both very time consuming)". Think of different timed actions like Scanning, activating resource gathering and it being built like a very inferior Clash of Clans
(because it is a minigame)
Which has caps on resource collectors that are reached every 8-18hrs. If it is similar to it in that way you would need to be online every couple hours just to collect resources, nvm the activatables.
True. Makes sense. Has Aaron mentioned that before in this channel?
There was something said about it before, in a lines of options to make it automated , or investing your own time, automated will have less yield , but you need less time, not sure how it plays out though
Like that idea a lot actually
Baller, I think that might cost you a few hundred grand! Thanks for the revdis friend 😉
I am not too familiar with DAOs and their formation, operation, and benefits, but do you all think we could see DAOs forming for high tier land like we do for NFTs or would DAOs not be the right fit for something like that
It’s possible. Even Kieran mentioned that possibility to the community.
A DAO like yield guild could certainly buy a T5 land.
I see. First time frequenting this channel today. Lots to learn.
is there any information that's come out about how the dawnlight badges will be used to determine buying opportunities - specifically the various "levels" of badge and what each might unlock?
The Dawnlight badges will not determine any sort of buying opportunities.
Land will be sold via Dutch Auction and all are able to participate 🙂
@queen folio thanks for the reply, so even if i wasn't able to be a part of the IDO for ILV, i could still have a shot at the initial land offering?
Yeah, definitely! No whitelisting required and as of the latest update, we're expecting the land will be sold in "batches." So if you're unable to buy during the first round, there will likely be more to come. We're still a couple of months away from the sale though so stay tuned for more info and updates!
awesome. thank you so much
When is land being released?
Months away
How many weeks?
Yeah another 8 weeks from now, at least? Proposal passed on 8/21 and expected release is 10 weeks from that date 🙂
If I lock my illuvium in staking will I still be able to use it in the land sale?
ILV is not usable in the land sale. Only sILV.
!silv
sILV is a substitute currency that can only 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. The value of sILV in the game - and for possible sales where sILV is allowed - will be equal to the value of ILV.
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.
hi guys, is there any leaks yet about the starting prices for the dutch auction? 😆
no
we have no idea T5 is estimated around 10 mil USD
T5 have been speculated that they could actually sell for that much. Aaron said starting price would be "enough to buy a country" - think billions. The intention is that the starting price is way beyond what anyone can realistically pay
Nek minnit ELON MUSK has entered the game
Rather he not. He might call ILV not energy efficient and dump the market lol
At first I was meh for Zero... After looking at SA land market place... I'm horny AF for this shit. I'm loading up my yeet cannon and might just snag ledger out of the safe.
Whats been happening with SA land?
It just looks dope. I like our art a bit more but they are doing a job (credit should be given when due.)
Are lands actually in the game? Or are they separate from the game(like land from axie)?
do we know when more information will be shared about the usage of land and the ILV zero at large?
Its a separate mini game, but it has some aspects where it can influence the main game
Maybe when land sale gets near we will have more info. But for now the pinned messages are the best infos for land
Does that apply to other lands other than the 7 t5 lands where you can put a stadium?
T1-t5 are the once that can influence main game i think but t0 is purely virtual mini game only
Just to be sure, you mean on top of the GDDs already pinned in this channel? 🙂
Русский язык будет в игре?
What kind of language support there will be, hasn't been revealed yet to my knowledge. In general though, please keep questions in russian in #795048590300807198 thanks 🙂
This will be a Mobile game?
IZ is on Mobile. ILV will be on Mobile next year 🙂
Should be able to multitask playing on the phone and capturing illuvials then:-)if that fails,put the kids to work😅
hahahhaaha
yeah. Ask them to earn their pocket money and pay the college fund themselves through playing and you'll be the father of the year 😄
Your too kind,i will be taking a 80% cut.
business man and father XD
well, gotta be an example to the kids. in this case, you'll be an example to other parents as well haha
lol i guess XD im just going to get one of my employees to do alot fo the things if i dont have time
On a more serious note, my oldest(13) is really excitted for the main game after watching some of the trailers and gameplay vids.might be the right time for an eth wallet🤔
one day when i have kids i will for sure get them wallets from a young age already
As one should.
Can you trust him/her? if so, you can give them some commission. not in form of $ ofc. gove them a day off provided they work on ILV in it haha 😄
"Life insurance? pffffff You need IMX and MM" 😄
i can trust them for sure and yea i mean they enjoy playing games anyway may as well put them to work
good idea. You don't need them sitting idle anyway. Make sure you follow up 😄
Yeah, we are a crypto family and will be setting up wallets for them, when they are 18.Illuvium is the exception for the oldest...
thats nice im sure you are going to enjoy alot of time with them
i agree and i will do so for sure XD
ok guys since the IZ will be playable on the phone, you think it probably wont be as much of a time sink as like the main game obviously. Trying to figure if I work long hours and can only dedicate probably an 1 hr or so a day is worth it to buy land. Obviously none of us know no info, just curious on peoples speculation. I wonder if land will lose alot of value if you arn't using it daily to like cultivate resources and such. I mean i guess the land value per se wont go down but you will be losing revenue if you cant dedicate the time to improving/farming resources
I would say yes if you plan on doing this for a long time. It’ll take you longer to break even obviously but you’ll get there eventually
What was said is that we can spend money to speed up fuel production, it wasn't said if we need to do manual actions for normal production to happen. I doubt it's gonna require boring manual actions to keep fuel production and I'll skip auctions if it does. I guess that when we have raw land we need to do actions to build buildings and wait for it to finish, then the buildings will produce on their own.
reinvest fuel generated to upgrade building to max "rank", like compounding interest, and generate a ton of fuel with time
will it be possible?
the question is how much time will you have to invest to make land either more valuable or to get the passive income from fuel/shard generation
what's the best android emulator to use to run games?
This will be my no1 goal.
Max production asap (and funnel some to my main game...SOME)
What currency will be used for the land sale? Eth?
ETH and sILV
Combined? Or optional?
One or the other
сколько стоить земля будет известно?
If some land owners sell Fuel for ETH, can I use sILV to buy it ?
yes
Then, what currency will the seller receive ?
If I remember correctly, Land Owners don't trade fuel directly with those buyers but instead offload their fuel into a Balancer Pool for ETH from which the player going for a travel for example then buys the fuel again. I haven't looked into the exact details for a while though, so I might be forgetting something here.
The seller will receive ETH because they are putting it in a market and then the buyers buy it with silv
if im remembering correctly its not buying straight from a certain person its buying from a pool that the sellers are putting fuel into and getting a certain amount of ETH out of
@simple juniper Thanks for your reply.
So..
Aaron said: “All the actions that used to use sILV now take Fuels. sILV now buys fuels.”
#🎮〕illuvium-zero message
And Stormi said when sILV spent in game, “”It is burned, no revenue generation from that”
#814313779696238642 message
Can I understand that its mean all the sILV spent to buy Fuel will all be burned ?
If yes, then the only choice to add more to the Balancer pool for ETH is wait for other user spend ETH in game.
And one more thing, as I know, the ETH from that pool will also be used for the revdis.
So, the question is: what if the number of players who want to spend in game with sILV is more than the number of players spend with ETH ?
Will the balancer pool be integrated to the game somehow?or would we need to go to balancer and buy?
When it comes to fuel and how exactly this will be integrated into individual features in either game, I think you'll have to hope for either @bitter glade or @amber atlas to have time to give some more insight at some point. I cannot give any details for that myself unfortunately, sorry 🙂
I'd expect it to be in a way where you simply execute whatever action you want to within the game and behind the scenes certain contracts then take care of any fuel purchases and whatnot, but as said, I don't know for sure.
no, when we use sILV to buy fuel the trade will be done directly with the DAO
Thank you,
fuel producers can either add liquidity to the pool or trade on the pool for other fuel or ETH
@bitter glade said that sILV will be traded for fuel directly with the DAO, I guess that when DAO does that it deduces that fuel from the amount added/traded in the pool
as sILV is claimed, traded and burned, it will eventually be gone and nobody will have it anymore to trade
I asked if a balancer pools system will be deployed on IMX and got no answer, as of know I know of no LP existing on IMX
IMX is a centralized instance that runs multiple "smartcontracts", it's now running gods unchained and a couple more games and will run ILV and IZ too, so all fuel produced by IZ lands buildings will probably be deposited on these lands addresses and them owners will be able to hold these fuels, use them on ILV, trade them on LP, add liquidity to the pool, etc
Can just landhodlers (fuel producers) sell fuel for ETH? If everyone could, that means that you could convert sILV to ETH via fuel...
only landholders and make fuel and sell it for eth
yes one option is to use sILV to buy fuel then sell fuel on LP for ETH, anybody owning fuel can trade it for ETH, whales can even buy most fuel from LP and hold it then sell when its price increases
land owners will own only 5% of fuel production 🙂
that is correct
5%? Not 50?
not 50, 5
i think its 50
Aaron said 50% in the last interview.
90% of their production will be owned by the DAO 🙂
they have the control to stop production and create scarcity, but they can't store or sell it
They will own 50% of the production, but can only cash out10% of what they produce. The rest is sent to the DAO when they decide to sell.
i don think its 90 but yes they do have a set of it so they can change the price if someone is taking monopoly
it seems they can't even decice, if it's produced then it's sent to the DAO
Hi can anyone sent a link to were the proposal for the use of land is detail if any? Also the date and method to buy land has been announced?
The two GDDs can be found pinned in this channel. The proposal can be found in #📰〕governance-news 🙂
hello guys, here the good place to talk about gameplay and play to earn system ? thanx
Hello :), this channel is about the minigame illuvium zero. More details in the pinned messages of this channel.
Since the game is not released yet, it is hard to talk about the gameplay.The P2E aspect may be discussed in #💬〕general or #💰〕token
ok thank you ^^
In the last interview with Aaron, he said that you can't play Illuvium and Illuvium Zero, that you have to choose one or the other. Is that true?
I think he was referring to where you would put a bulk of your time. I doubt there will be a restriction on which you can play.
Yep, it's kind of what I expected but thanks for clearing that up
That's just my interpretation of the info. Hopefully I'm correct
With all the freedom and player incentive, I would doubt they'd do that to us but who knows
I agree with that interpretation
Yes sure.
I would say you are
I want to spend the bulk of my time collecting and making armors. Might have to choose which in that case I would be a collector of materials.....
UNLESS all the material are on your land you do not have to fight off other illuvials which seems like the case.
I am getting a sword art online fill now. Like after a while, which is mentioned, there will only be few and fewer illuvial re-spawns and they get more and more powerful.
(going to copy past this in ideas lol)
like quests for example. Will they be repeatable? OR maybe some quests only have a certain amount of time they can be done before poof gone for ever.
You will have to buy some materials from people that are playing the actual illuvium game
guys just a question, when will illivium zero be released?
But Im/will be a player 🙂. So money i make from selling items/making armor will be reinvested in my role
Then you can mine the resources and send them to yourself yes
everyone wants to be the best PVP players....I want to be their right or left hand man ahah
Haha the one making the real money
hahahha unless we are not wining tourneys
https://discordapp.com/channels/760344898200666112/795444126421483520/875289835777175613
watch for the announcements
im in need of a right hand man. we can make it to the top baby
idk i would take second tho
first loser 😩 🤓
still make banks in those tourneys tho
true true haha but i just like talking a little smack from time to time. all in good fun of course
lololo i respect the hustle
Alright all
Anyone know if there is a map to accompany the land sale?
Or do we buy land in a given tier, and we get randomly allocated plots?
No they will provide us with all the info for each individual land and the highest bid wins
I can see for tier 5 that has 7 plots you can sell individual plots, but tier 1 has like 90k plots. They surely group them somehow?
The different numbers for different tiers (other than tier 5) are not known. The 90k is just something someone came up with and said this is not it
There are 100,000 plots and there will be 5 tier levels. They only announced that seven of them are tier 5; the rest we dont know about
This post by a community member is showing how the amounts will be calculated not the actual amounts. #🎮〕illuvium-zero message
Got you.