#🎮〕illuvium-zero
1 messages · Page 201 of 1
And seem like that invite link direct ppl to illuvium:zero
Hi, head to #📣〕announcements to read the instruction of giveaway
Entendi nada deste jogo
I mean, click in it to head to the portuguese community
Joining the discord.
Hi to all.
Hello everyone. Just want to ask, were there already winners for the free 10 ILV?
Hoping for the chance of 10 ILV.
@wispy warren Not sure what you guys mean about the free 10 ILV. I’ve received an email too but the content not mentioned anything about that 😵💫
Oh i see thanks for the replies. I think we just got to wait. Good thing this discord group is still available. 😅
Hey guys
Hey guys. Anyone can guide me (or give me a link where I can learn) how to buy sILV? I'm planning to convert my ETH to sILV and use it instead for the land sale. Thanks! 🙂
Not yet. You are eligible for the drawing.
!Contract
ILV Token: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
ETH/ILV SLP Token: 0x6a091a3406e0073c3cd6340122143009adac0eda
sILV Token: 0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2
There are unofficial pools with limited liquidity on sushi and uniswap... just be sure that you use the official sILV contract address. You can find it by using the command !contract
Search on etherscan using the sILV contract. Then find the liquidity pool.
In either uniswap or sushiswap and then connect and swap
Ok got it. Thanks! 🙂
Are you guys planning to use ETH or sILV for the land sale? Trying to assess which would be the more practical choice.
Ok it is a thing. It’s the old #📣〕announcements but this event is still live. The email went to some and will go out to the rest soon
Here’s an announcement regarding the 100k discord member celebration!
TLDR: by being a discord member you might win some ILV
It does seem like the email links them to this channel. Oh well.
That's really a personal choice... gotta be up to you. sILV might give a bit better leverage IF you can get a discount, but doesn't have the utility/liquidity/resale that ETH does.
How about you? Will you be using ETH or sILV?
Ok so that’s 10$ILV. not sure why they forgot the $ symbol lol
How to join on giveaway
Read lastest #📣〕announcements
Hi
When release?
Open beta Q1 2022 for main game
This november for mini game (Illuvium:Zero)
YO
!welcome
Welcome! Wondering where to get started and learn more? The #791148036935516161 section has all the information you need. From a brief overview to links that lead to highly detailed information. Also, be sure to check out these channels in the discord to stay up to date: #✍〕rules #📣〕announcements #❓〕faq #🚰〕leaks
yeah
Checkout #💬〕general
It’s about a 60% discount
This is the pair , do check the contract before buying thou https://www.dextools.io/app/ether/pair-explorer/0x13cf86f52d4a3000ca7349ce5cf107c248dfea81
Ultimate Hub and Defi App For Uniswap and DEX trading.
10ilv?
10$ILV
Checkout this annoucement:
#📣〕announcements message
Hi
Just as a general reminder without addressing anyone in particular:
Anything about ILV token, price, market cap, supply... => #💰〕token
Anything about land, land sale, mini-game... => #🎮〕illuvium-zero
Anything about LP vs ILV only staking, APY, Impermanent Loss... => #🥩〕staking
Anything about general ILV topics without their own channel => #💬〕general
Anything about issues with and possible solution for Gas => #880885576591634492 or maybe #887631374578757692
Anything not related to ILV at all => #799010390201466880
Any bot commands like !rank => #👑〕bot-commands
Thanks 🙂
Heya guys so I got an email in my inbox about the 10 ILV giveaway, question is where do I find the rest of the instructions how to proceed?
it is 10$ worth of ilv and not 10 ilv
I believe there will be an announcement and/or more tweets about it once more info is published
Lol where was this posted
He said it was in an email. Are you signed up to Illuviums mailing list?
Ah I’m not
I got the same email, it said 10 ILV each 😆
It is 10 ILV each
That dollar mark, is just the meaning of the token. Otherwise it would be $10 ILV
Those 3 persons chosen wil be very lucky indeed.
How much we need to invest for this game? Any thoughts?
Investment and Playing are two different things. For the investment part, there is no minimum. You have to decide how much is best for you.
Thank you
helllo
Hi everyone! 😃
Hello guys welcome 🙂
Hi
Welcome
Hi
hi
Hi is there an application needed to join the beta this Nov?
we'll need to create another channel to talk about the game
we should create a welcome channel and direct ppl there when they join, and then to #❓〕faq :p
Where to read info about the land in Illuvium zero?
pinned is a good place to start👍
Hi
@lament plover Hey! Just answering that question about fuel you asked in #💬〕general
Yeah, fuel will be an ERC-20 token so it can be transferred/sold to other players 🙂
Hi
maybe we should change the channel icon and call it something like mini-game, so that ppl don't come by mistake
Friends I have a doubt the game will work on linux operating system ?
it's gonna be mobile 🙂 so yeah, it'll work on linux under Android
hi
I realise that the sILV I bought in the secondary market will appear in my staking dashboard so it is pretty legit 🙂
Do we have any idea of land prices yet?
Where'd you buy it?
You can search for the silv contract on uniswap and sushi swap , to get the contract , you have to use !contract in the bot channel, it is going for 60% discount atm
That's a potential T3-4 I see there lol.
That’s only 2.8eth I spent, I doubt T3-T4 is only going for 2.8eth 😩
well, gotta wait to see what price ILV will be ssitting at by Land Sale
Any idea how much the land is going to be???
none, plenty are throwing out estimates though
We won’t know for sure until the sale but I believe T1 will be 0.5-1 eth based on the interview on YouTube
Thanks for the info
I think T3 will be doable with that. Just depends how they break it down
T1 still still expensive 😩😩
I expect there to be t1 available for under 0.5 as well, we will see
Depends if the whales decide to buy 100 plots or something 😂
https://youtu.be/x5D5_4SYrhs watch at about 1hr 5 mins
Co- Founder Kieran Warwick from Illuvium | EVERYTHING YOU NEED TO KNOW ABOUT ILLUVIUM
I hope you enjoyed this Illuvium video and make sure to LIKE, SUBSCRIBE & CLICK THAT BELL NOTIFICATION!! 🔔
0:00 Intro
0:15 Kieran Warwick backstory
3:00 What is Illuvium?
5:35 How did the idea come to life?
10:25 How does travelling/fees work? and how much to...
Yeah I’ve seen it, means literally nothing :p
OG Flex
YouTuber picked random figure and he just said yeah probably, because he has no idea 😂
No one does. I’m just looking at it from a numbers perspective. Number of people in discord vs number of plots available, there’s gonna be a lot of supply. But at the same time, community could be 10x what it is now by the time the land is sold, so who knows
Maybe everyone is richer than I think but I’d imagine the average person interested in land doesn’t have thousands to drop, I certainly don’t 😂
There are 120k in discord and 20k land :). And whales are going to snap many as wel.
there are 120K accounts on discord server, but less than 10K ILV holders + stakers, and we'll have another 4 auctions with 80K lands to be sold
Yeah, I’d be surprised if more than 10% of the discord intend on (or can afford) buying land
Any good faq for land sale I should read?
ill be dropping over 100k on land
I am expecting more demand than normal for a standard pfp/generative NFT drop since this is a productive asset in a hot project. Bid early
I can't wait to buy land. Gonna be awesome
Have a look at the pinned messages
Thanks
back up the brinks truck to buy as much land as possible
A lot is still unknown
Hopefully get a tier 4 or 2
What’s wrong with 3
No specific FAQ, but we do have a bit of information, anything specific you wanted to know?
lol. Meant like 2 tier 4s
I’d be happy with 1 tier 3 but probably out of my budget. Was going for t2 but decided to put more cash in
It was this that made me want 3 over 2, seems like a biiiig upgrade
So t1 won't even give fuel... What's the point then?
Yeah. I hear ya. Don't know what the pricing will be so we'll see but I should be able to snatch at least a tier 4 and other pieces of land too
Whoa, the T0 is straight up wrong there haha
How much are you budgeting?
Yea I think t0 and t1 are wrong
t0 has no financial connection to the main game;. this is correct.. its to give free players a "full" game experience
As of right now around 75- 100k
RE: Fuel, no, that chart is not correct.
T0 will not produce Fuel.
Wish I was in your position! Good luck
they cant sell or transfer that fuel it was said. so i think its correct
You can scan for blueprints with T0!
Thank u sir!!
Also, as Johnny mentioned, Converters will passively generate some small amount of resources.
(including Fuel)
I could be mistaken there - it's possible some non-NFT Fuel is available in T0 to facilitate building structures that normally require Fuel.
tbh i am not sure either, just relaying info passed on to me. 1 big game of telephone 🤣
I understood that fuels are on blockchain and other resources that are used to build structures are off-chain. Maybe T1 won't be able to build some structures and T0 won't be able to build structures that produce fuel, blueprint, scan, etc. And they'll be able to produce those resources that are off-chain
from what I understand, all tiers can produce fuel from mining or converting. t0 just cant sell that fuel and only can use it for themselves
T1 should be able to build any structure, provided you're willing to be patient with converters.
You're probably right about T0 being able to do things off-chain though, including off-chain Fuel.
They said that T1 can't produce fuel directly, I understand then they can't build fuel buildings. We need more details on how it's gonna work 😄
You don't get Fuel sites, but converters passively generate resources, let me find a source.
No we can't produce fuel on T0 land and send it for our consumption.
Yes that's what I understand too. But then T1 can't be able to build "main" fuel structures.
Oh I get you, yeah that would make sense.
Structures whose only function is producing Fuel from Fuel Sites would have no place in T1 (because there aren't any Fuel Sites).
typo, can -> cant
Does anyone know if I can let a friend play on my land and reap rewards? Like if I have a friend who doesn’t have the capital upfront to buy land, could I let them play on mine without giving them my account? And he still gets to keep the rewards from my land?
Sounds like axie scholarship but with land...this would be nice if the game allows this. Not everyone will be able to afford land
you might be able to similar to Axie scholarship, but I have not seen anything official regarding it
This is a good idea land just too expensive for me 😩
Well one way to reap passive rewards is to simply stake ILV and earn Revdis and yeild
there is a free tier of land
I dont think so from the start, and they are looking into something similar to scholarships, maybe with guilds. I think in the interview they mentioned how scholarships dont make sense in this game since anyone can start for free. But they are looking into it
Aaron stated in a video that they were talking about potential allowing land to be rented out…..its nowhere in the works, as far as i know, but was just being talked about.
T1 babehhhhhhh
omg literally landlord
I don't think IZ wil have a scholarship like axie. The basic reason is because in Axie, scholar won't have any permission to touch the SLP that they've gained from playing. Imagine if IZ have scholarship, how can manager know if scholar do something wrong with the elements/fuels ? Even if there is a way, it would be definitely super complicated.
newguy here, any news about launching date?
For land? Probably early November
that's soonish
Feels like years away 😂 so hyped
any other game fi projects of similar size to illuvium besides star atlas around?
Lol I wish i was a whale haha
When you say this do you mean stake in the ILV pool? Or the sushi LP pool?
You get RevDis if you stake in either/both.
You really have to have quite a bit of Illuvium for this route to make sense with the eth gas fees. You need to put in quite a few tokens for it to make financial sense currently.
What qualifies as quite a bit of ILV?
I'd say 15x spent fees
New IZ leak is soo good. I'm super FOMO right now 🔥
Now lets look back the building in GDD
Did y’all see this?!? #💥〕leaks-discussion message
When is the land sale?
end of Oct or early Nov
Thanks
nice. now i know to come in with like $125k
nice, im coming in with 125,000 pennies 😛
😦
Ikr, there're so much 🦈 and 🐳 here
indeed 😦
honestly all mine is coming from the rewards, not new money. the amount im getting from the staking is wild. i might bring 250k in all from like 2 months of rewards i swear
These whales and Sharks are gonna pump so much $ in ppl's pockets by their purchases. All will gain 🙂
I love revdis 💰💰💰
Better to say "I ❤️ ILV" for coming up with the best tokenomics....like ever 😄
Indeed 🙂 if rich ppl buy lands too expensive, we just wait for auction 2 when lands availability will double and prices will surely drop!
Well, yeah, but imagine buying a land and farm like crazy and have your farmed $ ready to buy even more land, quoting from you, cheaper 🙂
then we cry out loud 😄
yep
Do u guys think 30k will be enough for a T3?
its probable but till we get more info and action day happens, its anyone's guess🤷♂️
The selfish side of me wants the hype for land to chill so prices arent too crazy 😆
Dutch auction? More like Wallmart on Black Friday.. 🤺
this monster is yet to be unleashed, IMO i just be happy to get T1 land at a max of 3x sILV
dutch auction first come first serve
3 sILV???
will land be priced in eth?
yip thats where i draw the line. FOMO wont skew my conviction
ETH or sILV
Im ready for this land
That's smart approach to any investment have a strict budget and don't let your emotions to guide you
I will wait for more informations before I decide my limit for tier1 and tier2
its save me $1000's
do we know total amount of lands?
100k between all tiers, scaled
ye ty
If we enter short term bear during sale I expect to buy some land for a nice price but if we are in bull and everyone is hyped we can see some crazy prices
get out of my Head!😋
People are very strange creatures, if we are bear 1eth is let's say 2k they will be I'm afraid to buy tier1 for 1eth, but if we are in bull and eth is 10k they will be more than happy to buy tier1 for 1eth
exactly FUD is a powerful tool if played right
Its not that strange. People who feel rich will be more likely to spend more... That's normal.
People who win the lottery and then refuse to spend more money are the strange ones...
https://tenor.com/view/rave-rave-girls-took-too-much-autobattler-rpg-gif-22413111 IMO land is the long term investors game

We don't actually know enough to know whether land is long term or short term.
Im puttin all my eggs into da land
If the returns on land are low, buying land will be done by people looking to resell. So very short term.
Do we know for sure how this land is going to be for any future game or we will have some new land
Goodnight! Will a place be released where we can download the game?
buddy im thinking 2030, fluctuations are Noobs ponds i don't play in
Your thinking dates, i'm thinking maths...
Cadê os Brasileiros aí
illuvium is a DAO so it evolves with the times 
Anyone? :)
You just lost me there. Correct me if i'm wrong, but DAO litterally means 'decentralised autonomous organisation'. I.e. it's just a different way of governing. It has no impact on evolving with the times. Unless of course you are saying that people evolve with the times.
thats not even factored in with my expectations of land value in a decade. WOW still exists
the game will make upgrades and improvements according to the votes casted by all ILV holders
Hopefully. Just like any organisation.
The 100k is gonna be a hard cap on land... much like 10m is a hard cap on ILV
if you think staking ILV for revdis is a good idea then producing fuel on land is the same play... just actually playing for it
So even if we have 9th game in 2033 this land will produce same fuel for that game?
look at Nintendo market cap and apply it to 10m coins. as a joke if ILV reaches it in 10 years😏
that is how I read the GDDs and the IIPs
I could be wrong here but i think the 100k illuvium land is the limit of land in the world of illuvium. It doesn't mean that other games produced by the Illuvium devs will actually be set in the same world...
the dao isn't about to start inflating ILV token. Why would the DAO start inflating land?
It's just a little bit strange we will be limited with new games in that case imagine completely different game how are they going to implement fuel from this land...
the token is ILV... everything will be the same universe even if not the same world
Why would the DAO limit any future games to the same setting as Illuvium?
It's easy for a token land is different story it must make sense
Riot did just fine
Blizzard does have a couple universes I guess
but that is debatable
Continuous lore is the way to create an actual franchise
Sure, they could tie their own hands and say any future game has to fit into the setting of the first game. But that is an assumption not based on anything that we've been told. They could just as easily decide that their cool idea for a second game is too different to share the same setting as Illuvium.
Don't get me wrong if I buy land of course I would be extremely happy to produce fuel for 100 games I'm just worried about limitations, but like you said one never ending lore is powerful thing
we will have to see how the DAO evolves. we are making history here
The conversations i've been in certainly imply that the plan is to use assets already created for the first game to help build the second third ... games
||Illuvium FPS||
So I messed around on the second page of a calculator pinned in here. It's mostly for fun...
https://docs.google.com/spreadsheets/d/1mjxD-MjO4eSG8IKTRewCzWbv6cYt1BVwFV276HyJPHA/edit#gid=855788814
Sheet1
Constant Ratio,# T1 Plots
1,24998
2,53330
3,67495
4,75289
Constant,3,5,80123
6,83392
T1,67,493,7,85744
T2,22,500,8,87515
T3,7,500,9,88896
T4,2,500,10,90003
T5,7,11,90909
Total Plots,100,000,12,91665
13,92304
14,92853
15,93329
16,93745
17,94112
18,94439
19,94731
20,94994
21,95232
22,95448
...
I put some info describing at least loosely where I'm pulling numbers from
i love that parabola
Yeah I was really happy when someone else in here made it for me... and its even editable
But I like the constant of 3... its perfect
That would make sense. If you've done all the work to create a first person view for one game, you are going to want to re-use some of that code to create a first person view for a second game. That's nothing to do with whether resources generated from an illuvium mini game are going to be relevant for a second game. Maybe it will make more sense to have a second land sale for the second game, thereby bringing more money into the ecosystem. Given that it will likely be several years between games, surely this is just as likely.
But we shall see what the distribution actually looks like
its a
game for me at that tier😅
3 is magical number :)
3 become 1 become 3 become 1
dude i have a thing for 13, dont play with me like this
I'm referring to the fusing mechanics in the main game
So basically if we are able to buy tier 2 for 2x price of tier 1 that would be considered a great deal
Seems like a good fit to use in the land sale as well. Rarity increasing by 3x each tier
Thats only if those are the actual distributions... they could make it 2x the rarity... There is also the idea as I understand it that they are actually planning on having the collective fuel producing power of lower tier lands be more efficient than higher tier lands.
Do we have any updates on the Land Sale?
if there are 3 tier 1s for every tier 2... Then 3 tier 1s would be able to produce more fuel than 1 tier 2. Or maybe they skip a tier... 9 tier 1s produce more than 1 tier 3... I don't know...
not really... just speculation here
If that's the case i don't expect it to be a huge difference, otherwise everyone is going to fight for tier1
it gives me the Hopium i need, lol. i like my kidneys 😬
I expect to see the land sale sometime in November
we will have to buy the game?
No and this is mini game you can play only main game if you want
i am talking about full iluvium
What is full illuvium?
IZ and the main game is free to play, but if you want to generate Eth from play you have to purchase land in IZ with the upcoming auctions and the ones that follow. the main game you only invest if you like the game and want to progress off T0 (but you can advance for free)
all right perfect!do you know something about prices or so?
nope
One run through tier1 is expected to be around 50$ that's main game
on which game IZ or main platform? but no concrete things yet but @cinder fractal is right
oh ok i got it!I really hope they will launch it soon
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
I really should get back to work. Keep making this community the best it can be.
what will happen in the auction?Buying credits or actions or what?
$tip @vivid cipher 0.000000000003 ILV
@swift condor sent @vivid cipher 0.000000000003 ILV (≈ $0.00).
Have a good day I must go2 @swift condor is keeping everything under control :)
have a good day bro
noice.. my first @fleet tapir ILV
Price will drop, who buy first will get it first. And a terrible gas fee also
Read documents in pinned messages a lot of informations there
oh ok guys
is there a market for sIlv tokens?
yes, i used https://www.dextools.io/ to get it, you can get it now at 50% of the market price of ILV as its a open market (sILV only really has value in game 1:1 with ILV). (research the site first!) but i got 1x sILV successfully
$tip
Next time pls use it in #👑〕bot-commands
I also like 3 a lot, but here it makes T2 in a rly small quantity :p
Will i be able to buy the recources people make in illuvium-zero with sILV?
nop
yes, i used https://www.dextools.io/ to get it, you can get it now at 50% of the market price of ILV as its a open market (sILV only really has value in game 1:1 with ILV). (research the site first!) but i got 1x sILV successfully
@swift condor thats awesome , thanks. Last time i checked nothing was there. Can be good arb when land sale launches and they equate sIlv to Ilv for land oricibg
I thought you could buy those resources with sILV?
not from other players, sILV isn't meant to be circulating 🙂
you will have to exchange it for Eth
it seems we'll be able to exchange for fuel with the DAO, but not sure
Yes you can , sILV is for buying from DAO( in game shop) I.e buying from the system. Player to player transaction is only via eth
Hey guys, I’ve read the pin messages and not sure if the details are out yet on the likely price of each land?
No prices yet. It's a Dutch auction. We should know more in a month or so
Thanks legend. Still looking like November for land sales?
Are there any details on how the rev dis from the land sale will go to stakers? Will it be in ETH? ILV? Will the ETH/sILV raised be swapped for ILV tokens (bought on the open market) to stakers (similar to the future vault)?
ILV.
The specific process is detailed in the Medium papers and maybe in the Whitepaper. Basically, the vault recieves ETH from sales. It periodically uses that ETH to purchase ILV from the market. It then immediately distributes that ILV to ILV stakers.
ETH recieved from the land sale may or may not be used to buy ILV over time (as opposed to in a single bulk purchase) to avoid negatively impacting the liquidity of the market and artificially spiking the token price. There's also implications for the "24h staker" as I call it that should be addressed before the land sale. Specifically, if someone were to buy ILV before the land sale (like, 12h before), stake it flexibly until the land sale concluded, and then sell it, that person could stand to profit somewhat unfairly compared to long term stakers and supporters. The team is aware of this and I expect they have ideas for solutions.
I'm guessing there will have to be a time minimum
There's a lot of good solutions, the team probably has one even better than my best idea, considering how good the tokenomics are (and the fact that they actually understand smart contracts and what is possible lol).
They have some clever people in this world, but not as much as the illuvium leader ship🤓
On sushi if I check price for ilv/sILV when Im buying sILV ratio is 1silv/0.71ilv but when I go to sell 1silv/0.3ilv is spread always this big?
Is it possible to catch sILV for 0.5ilv?
I dunno about the ILV ratio but its usually around 0.06 eth for 1 sILV, or $200 ish
I don't know why but for me it's 1silv/0.67eth right now something strange is happening
I guess there is not enough liquidity
For 0.1silv price is 0.069eth that's like 10 times less :)
But gas would kill me if I buy it like that
Yeah sushi price is a little high right now. Its 0.058 on uniswap
Oh I see what you mean, wtf is going on with sushi 😄
oh so illuvium 0 is also a play to pay game but not on pc?
when the land sale comes up in a couple of months, will we be able to purchase with sILV?
Yes
thanks, i have a question around gas. If i was to purchase land via ETH do you envisage hi gas fees? would it be simpler and faster to purchase with sILV?
🤷🏻♂️ difficult to say
At least having eth only you can benefit from up and down of eth
ok thanks
also i heard Kieran mention on a webinar that there will be 26 different factory types/plants for resources. Question around the factories and upgrades. Will the prices vary dependant on what level your purchasing on or are all the buildings/upgrades the same regardless of the level?
That we don't know yet. They'll release more info nearer launch
i think even with sILV we'll have to pay gas since the land will also be an NFT in the ethereum blockchain, so gas will be paid with ETH.
Just wondering, what's the current estimate on what top tier land is going to go for?
$100,000+ easy
Is that it?
I'm thinking 1mil
for T5 theyre expecting 7 figures in some interviews ive seen
There’s only 7 T5 available, wouldn’t be surprised if they’re 7 figures
Even if you are buying with sILV you will need to pay gas 100% but at least we are not going to experience gas wars
Price will start extremely high for every tier and it will drop gradually over time once when there is a price you are willing to pay just make transaction
I wonder if the same person is able to manage 4 or 8 lands, maybe that will stop the same person from buying many of them
we have few lands, so I guess land renting shouldn't be allowed so more ppl can own them
People are always able to find way around if I have enough money I would buy a ton of land end pay someone full time job to work for me...
And I'm sure some whales will buy land just to hold it so they can flip it later there are factories that can do everything on their own you don't need to do almost anything but extraction of resources will be lower from your land
yeah maybe buy and let to develop them later
is it possible if the team could give some indication as to wether having more than one lot beside each will be beneficial for expansion. maybe having two plots would allow the owner to build a more productive plant?
It’s possible, even probable in the long term, but it guaranteed. Though it won’t just be 2 side by side. More likely 6-9
How much more or less would tier 2, 3 and 4 land cost?
No way of knowing. Depends on starting price and fomo. T2 i would say 2k-5k, T3 5k-10k T4 10k-100k. Only my thoughts. Just speculation
profits of owning a land?
Again there is no way of knowing. A lot of variables. If you believe in the team and believe the game could be successful then the sky is the limit
Have you read through the pinned info in this channel?
Nooo
dam 6 to 9 thats a lot to buy. Would there be the possibilty of doing a JV with other land owners and if so would the game have some kind of terms that need to be locked into a contract?
Ok, I would read through a lot of that info if you're serious about owning land. The GDD would be the most important but the other info is good as well
GDD?
thanks
Game Design Document
awesome thanks
There's no confirmation mega-cities will even exist, it's mentioned briefly at the end of the GDD as a possibility for expansion content or future titles.
I think the numbers that were pointed at as likely were 2x2 or 3x3, but I wouldn't explicitly plan a land strategy around adjacency personally. NFA.
Didn't one interview even say that land wouldn't even need to be conjoined? I have watched so many I can't remember
I think Aaron suggested that adjacency might not need to be literal adjacency in an interview.
We still don't know where the auctions are going to take place correct?
You could technically make all land adjacent to all other land, which would solve a bunch of bullshitty "need this plot" problems.
Yup I heard that too
Oeh, 17.3k sILV already out there,..... almost 1 sILV per land piece for this auction,..... that means +/- $500,- per land plot at least if you decide it equal. I know this isn’t the right calculation, but it shows some perspective lol
The closer we get the more sILV wil be claimed,....
I hope for some buying pressure with ETH too, just for the RevDis ...
Have they talked much more about blueprint availability and rarity? From what I have seen it looked like blueprints would be available for all land types and all land rarities. Is that true? Or is there going to be blueprints that can only be crafted on a T4 water type land for example?
I want 5 sILV by land sale to try for a T2. Any extra I'll save for the launch
There's WAY more than I expected to be minted already 😄
I'd search for what JohnnyA has said about Blueprints in this channel.
It surprised me too to be honest. It is more lucrative to buy the sILV then to claim at this moment.... but one never knows what the price of ILV is gonna do in the future,... decisions decisions, never easy haha
Yup lol - I really wanna grow my ILV stack but sILV at $200 is hard to say no to considering it's worth $500 for the land sale (and maybe more by the time we get there)
Yes, yes, same here haha
hi where can I buy silv?
Sushi and uniswap
But at this rate land prices will be going higher than 5sILV I am afraid,....
!contract There's no officially supported source for sILV, so bear that in mind.
ILV Token: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
ETH/ILV SLP Token: 0x6a091a3406e0073c3cd6340122143009adac0eda
sILV Token: 0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2
Imagine knowing what to do, but having no $ to do it haha 😄
Haha honestly I'm in the same boat for the most part - picked up 2 sILV yesterday and now I wait xD
which pair should I put to buy silv?
I was gonna buy 5 sILV, but some stupid paper work came up and and I have to take care of it. I hate bureaucracy
I'm also staring at my initial ILV stake which expires in like 56 days and wondering if I can get it staked into SLP after it unlocks, but before V2 is out.
that's what I call a close-call. I guess you will be crossing your fingers and toes to get it in SLP before V2 😄
Feels like staring down a train lmao
im looking at the available plots and doesnt seem like much will be up forsale
20k in the first round of 100k total
oh thats better, the document had something like 1500
Oh - I think the GDD was just exemplary - some of the info in there has changed now that the game is actually being developed.
Just wanted to ask what is the role of fuel to the main game?
JohnnyA has been a boss sharing info in this channel, searching his posts is VERY useful.
Primarily for travel I believe.
wish we could use it in gas stations in real world too lol (NFT scanning)
Coming 2033 xD
Thank you lods
As far as I know, there're 3 types of fuel and here're their role in main game:
-Crypton: used for fusion (Illuvials or equipments)
-Hyperion: forging weapon and Armour
-Solon: curing shard
Johnny also confirmed that there won't be any forth type of Fuel for Traveling.
Are these finalized?
Where exactly I've teied looking for it in the swap but the sILV does not appear as a swap option
!contract You might need to add the token manually via the contract address
ILV Token: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
ETH/ILV SLP Token: 0x6a091a3406e0073c3cd6340122143009adac0eda
sILV Token: 0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2
Does it matter to swap at sushi swap or uniswap? Which is better or both are similar in fees?
Gotta look what the prices are at the time of your swapping. Those are changing all the time after all 🙂
did he confirm that? I missed it
how will we pay for travel then?
Yes, that makes sense. I will go do that. Thank you!
here: #🎮〕illuvium-zero message
cool! how will we pay for travel then?
I don't know either. Maybe need 3 of them for traveling ?
Just want to confirm. The bidding for the dutch auction will be in ETH, but one can pay in ETH or sILV (which is considered the same price as ILV at that time)? So after bidding, one pays the ETH price in either ETH or sILV? Do I have the correct understanding?
I just saw in sushi swap that 1 SILV is 0.672482 is this right? That's much more than the 0.14963 that cost the ILV
I'd expect the price to be in USD but haven't heard any details yet about the auction. Payment can be done in either ETH or sILV though and sILV will have the same value as ILV, yes.
Ok thank you!
Do you know if the dutch auction is linked to wallets at all, or do we just bid and then, connect afterwards to pay? I love the ledger but it can be slow.
No idea about the exact workflow in the auction yet on my side.
i think sushi is out of liquidity. try uniswap, should be around 0.06 eth/ilv
Why is sILV so cheap on uniswap? i mean its kinda 1:1 with ILV correct, why are people not arbitrage it ?
Some whales taking profit
Imagine if you staked milions in ilv/eth pool at the very beginning
yes sure but isnt it a nobrainer to buy sILV at those prices?
or is there any risk involved with buying sILV right now ?
If you are looking to buy land yes but imagine you are making 100ilv per day
It's like 20000k per day for what are they selling right now
i understand but still i find this weird why price is so different from real ILV
especially when its supposed to be 1:1, this looks like easy 2.5x to me but i guess i miss something lul
Because use case is still months away closer we go to land sale and game price will go towards 1:1
We can buy land in illuvium ?
land is part of Illuvium Zero, which is a minigame. take a look through the pinned messages/resources to learn more
Uniswap Interface
And add this sILV token contract adress 0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2
!contract
ILV Token: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
ETH/ILV SLP Token: 0x6a091a3406e0073c3cd6340122143009adac0eda
sILV Token: 0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2
Is the sILV bought on the provided contact address legit?
As long as you are using the address from the bot above, then yes. When you buy it it shows on your dashboard on illuvium website
If you ensure it is the right address then the token should be legit, yes. I have bought sILV on the open market as well already and it shows properly as balance when checking on the ILV staking dashboard for another form of check 🙂
That's the beauty of the blockchain if you have right contract address you can't go wrong
Anyone know if you can own more than 1 land per account?
Don’t see why not
Trying to figure out if its better to buy lots of lower tier land or focus on higher tier land....assuming i have enough to buy that is lol
We won’t know until we have more info. They did say in an interview that there may be benefits to buying land that’s next to each other
Gm
You can buy all the land you want.
HAd a convo about this a few weeks back. I was worried about whales buying all theT5s and then multiple lower level. But over ruled for 100% capitalism….But the DAO can with hold a T5 for them selves/other aspects. So there will more than likely have balance
Thats the great thing about the rev dis system. Greed from the whales is not bad, but encouraged haha
Exactly!…see when i was making my argument i still didn’t fully undergrads the 100% back to stackers….Insert foot in mouth lol
If i win that 10 ILV I’m staking it all.
As for land i either want two T1s or a T2-4
wen u resell land do u get sILV or eth
eth
So what’s the point of converting my ILV staking to SilV claims to buy land? I might as well buy silv for 2.5x value from uni swap correct?
the point isn't to claim sILV to buy land, the point is claim reward, and u use the reward to buy land or other content on the game
Sorry if this is a dumb question, I am still relatively new to blockchain stuff, but will there be a gas fee when buying land?
Yes
If you think about it, it is actually the same thing , when you convert your ilv to silv, you are converting it to a token that the market value at $200. I.e you can sell it at that price as well if you want. You think it is different because you perceive it to have more value
Personally I see sILV as undervalued right now, and expect it to raise relative to ILV when we get news and dates about the land sale.
Whales are taking profits and theres just not enough buyers to match the selling pressure yet.
I will save all my ILV and never sell. I am using ETH to buy land if i can
where would you buy sILV? i don't see it on uniswap when i search it on the site
search the token contract on sushi/uni and/or on a dex aggregator like 1inch
!contract
ILV Token: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
ETH/ILV SLP Token: 0x6a091a3406e0073c3cd6340122143009adac0eda
sILV Token: 0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2
would you be able to go into a little more detail? i'm not sure i follow
Ultimate Hub and Defi App For Uniswap and DEX trading.
for example - on uniswap when you are on the swap page and have the "select token" option you can paste the sILV token address linked above and allow you to swap
if you paste the official contract address of the sILV token you know it is correct
Ohh I see - it looks like when I try it on sushiswap, it says unknown token and gives me an option to import it. I assume that's normal?
yes
note there WAS liquidity for sILV on sushiswap, but i see now that liquidity has been removed
see here:
https://www.dextools.io/app/ether/pair-explorer/0x28b3f067af4f4501a7df03859ab6f8b142c4ab2e
Ultimate Hub and Defi App For Uniswap and DEX trading.
and if i say, swap my ETH with it, it would be added to the pile of sILV that i claim (if i choose to do so) from my staking?
uniswap still has decent sILV liquidity
yes
well - you'd see the sILV in your dashboard under "Your sILV balance", yes
oh very cool
i guess people just sell their sILV for instant profit, rather than waiting a year for their ILV to be unlocked?
more or less
this is a link to a commonly overheard strategy for sILV
oh wow that's a pretty smart strategy. i guess you'd only really do that if your stake was high enough to justify the gas fees
yes that is certainly a factor to consider
and weighing the risks of an APY decline as well!
and the short-term forfeiture of revenue distribution
lol ya true - does seem like a risky bet. all pretty interesting stuff for sure. thanks for the info, i really appreciate it!
anytime
Just bought a bunch of sILV on uniswap for the upcoming land sale. Hope i can afford a high tier
I should delete this… 😂I have not actually seen anyone put it in writing until now… not that it wasn’t alluded to or on many minds including my own. I don’t have enough rewards saves up for it yet to set aside as ETH for gas I’ll want and the land I hope to get.
Any exact dates for the land sale yet?
No. I’m thinking early November though.
thanks!
yep, sILV price is very interesting right now as you have this sell pressure from longer-timeframe revdis+compounding yield minded people and buy pressure from short term land speculators wanting to increase their purchasing power
Honestly if I miss out on land I'm happy to sit on (hopefully) appreciative sILV for either the next land sale or the main game release. I plan on playing a TON, and getting 2.5:1 on your dollar is just... really good.
When I first figured out how I could do it I almost pulled the trigger but then I didn’t because gas was like 100gwei. And I didn’t actually have nearly enough ILV rewards pending.
And probably I’d have earned enough to make up for it.
Freaking fear
Also I don’t have much free time to make all the transactions
And if that drives supply of ILV down, it's a double dip for anyone holding ILV. So stronk.
lack of free time is killer in this space, sometimes
what do you guys think land price will be around
i have to keep convincing myself there's no such thing as a sure thing...but the price of sILV eventually approaching ILV is...well...pretty close
only uncertainty is, obviously, the future price of ILV.
absolutely no idea - it will be a dutch auction
will land sell for too much because of the initial hype? maybe
will land sell for too little because no one knows the true revenue value of the land? maybe
Speculatively, I think 1k USD will be a starting point for T1 land. NFA and all that.
I think that's on the LOW end of what's possible though, given that 1k USD is only currently about $400 of sILV on secondary markets.
Yeah I agree
All this sILV business is gonna drive the price of land WAY up.
hello
i think this is pretty close to my best guess as well
i figure T1 would be about 0.5 ETH on average...100% speculation, of course.
I put a calculation together based purely on revdis from fuel sales comparisons between ILV and Land
newbie here from Philippines
haha, i think someone reading our convo is buying sILV
It’s super low ball for the land price. But it’s the absolute floor
Lol
Good
sILV is a freaking deal
Hello 😄
reminds me of the voice chat where i was talking about how undervalued the platinum badges were and someone bought 2
rofl
i am new for learning crypto and this game i hope i can survive
!crypto
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Make sure to look into GAS / GWEI, as Eth transactions on the ETH network require a gas fee. You can use this historical data to get an idea on GWEI averages: https://etherscan.io/gastracker#historicaldata
There are many people on the Discord willing to help out newcomers but you really should do your homework as well and study this further on your own. DYOR (Do Your Own Research) is an important concept to understand in crypto.
Take a look at #💬〕general for more basic information
did sushi swap sILV just run out of liquidity?
My land floor value calculations are on the 2nd sheet of the document in this post. It was a fun thing to put together.
whoever was providing the sushiswap sILV liquidity has removed it, yes
there is still about $1 million sILV liquidity on uniswap however
ok
It’s sILV even. Nice
indeed 
Do you just keep that website open and copy links?
i just have them favorited in discord
then i upload them all into tenor as well for the discord gif search
No favorites
how i can earn 10 ilv sir?
hmmm I see
yeah that's weak
ok copy
Has it been decided how sILV will be valued vs ETH in land sale?
sILV is going to be pegged to the price of ILV for land sale
Hmm, so it makes significantly more sense at this point to buy sILV than pay with ETH I guess
As long as the price of ILV doesnt tank then yes.
I cant wait to buy some land. I will prepare 3 ETH for Tier 1 land. What prices do you guys expect?
most people are saying $1000-$5000 for T1 probably. Beyond that I think T2 could be as high as $20,000
Play around with this spreadsheet. Page two has the lowest values for land IMO
If the FOMO kicks in hard everything could go for double the current estimates too. We can only wait and see.
Yeah. I imagine land prices will detach from their potential in game revenue valuation compared to ILV prices. But that’s why I calculated that as the absolute floor.
20k T2 would be wild, I'll sit that ride out if that's where we're at lol
Yeah.. 20k is waaaaaaaaaay beyond my expectations. Not gonna buy land if its gonna cost that much
I'll have 4 or 6 sILV ready when land sale gets here and be willing to spend it all on T2, beyond that I'ma hodl for release.
3 eth sounds more like a tier 2/3 land. But that's how I hope it will end up costing.. If its too far beyond that then I'm sitting this out
Yeah i figure thats kind of the max. I wouldn't be surprised to see 1 sell at 20k, probably not many.
The first few of each tier will probably sell way above the floor cause that's how fomo rolls
Probably the last few as well.
Grabbed a small bag of sILV ready for the sale, more to come from my staking. Will be interesting to see how strong ILV is in comparison to ETH. If ILV runs stronger than ETH then buying sILV at current prices rather than more ETH will be giving you a huge discount. What do you all think?
There is going to be quite a lot of tier 1 lands being released. So I'm just gonna assume its gonna fall within my mind expectations.
Haven't seen any big ballers talking about buying the first T5 yet, that'll be fun to watch.
Here’s my guesses at a floor.
cost per land in USD
Land cost in sILV
13498.6 T1 $681 1.361252278
4500 T2 $1,944 3.888888889
1500 T3 $5,833 11.66666667
500 T4 $17,500 35
1 or 2 T5
I think your spread is right, but I'd double everything in light of sILV shenanigans
2x-5x for actual numbers
I think its imposible to catch a T1 land under 1 ETH
I think you might be able to snipe a T2 for 1.5-2 ETH. We'll have to see how ETH is doing when sale rolls around.
The issue is we don’t know if 90% or 50% of the lands will be t1
Or something in between
I think based on the number of t1 available, I think it should cost below 1eth
That would be awesome
We have no idea how many there will be. Just that there will be more of those than any other tier.
I made up a number that I like for the distribution of land rarity.
If you catch a T2 with 2 ETH..after 6 months from the game launch you could sell it with 10 ETH if the game is awesome
I think as well, we don’t know how much fomo there will be. We could be at 1/2 mil people on discord waiting by that date..if that is the case there will be a lot of high buy pressure.
The thing there is if you take the price in sILV it doesn’t matter.
I wouldn’t be surprised land flips may go crazy once the game releases completely hey
If this discord has 500k the ILV value will be pumping too. Almost certainly
There are a lot of people that want to buy land...and there is a fixed number of it. So the buy pressure will be huge.
There's also some people after 4-9 land on the chance that megacities are possible in the future.
If I can sell an organ before land sale I can dream about 1x T2 + 3x T1
You will see that after the trailer at the end of October (we will be over 200k in discord) we will attack the 1000$ zone per ILV token.
I am hoping for a t3. But I doubt I’ll get one. T2 may have to do.
But if things are insane I’ll buy a t1.
Me to
The issue for me is that I suspect t1 will be the most overpriced. It’ll be the lowest cost but it’ll have far more demand compared to its revenue value.
Lots of folk will be priced out of the t2+. But t1 will have a lower entry price.
Me speculating again
The land sale is still targeted for end Oct early Nov right? This should be right after the release of the trailer in mid to end Oct I would assume
I think that argument has merit. With that in mind though, perhaps the second round of sales might prove a better entry point for t1 as people might realise the land is overpriced?
Right when the fomo is highest!
Maybe. Or maybe the price will have balanced compared to other tiers but at the new level they have rocketed to. My FOMO is real.
True that, impossible to predict hey haha
The question is… do we think the land prices and ILV will remain attached? Or will land take off without ILV?
If the recent NFT mania is anything to go off, I would say the latter
Itll depend how good the revdis is once the game is launched. ILV could easily outpace land value as well.
Especially considering ILV is for governance, not for gameplay or purchases, it will run but I have a feeling land will go nuts.
It’s just exciting to be here and be part of this conversation
Definitely possible
the later, the T0 land is like owning a little cafe shop, then its like they said, T5 is like owning a stadium
@vivid cipher is there an updated form for all the information on zero? Looking through pins there's a lot of stuff over time
Another interesting thought, possibly not for this chat, is I wonder if the sILV token will ever outpace the ILV token haha
Not really. No
Nope. Why would it? It’s a gift card…
Dang ok thanks!
We should be getting the proof of concept soon. Hopefully that includes some updated documents.
if there is major supply shock in 10 years who knows?
I’d never pay more for an apple giftcard than it’s worth.
I can always pay apple in dollars.
Supply vs demand considering it is the in game currency?
That is true yeah, that would be a good controller of crazy sILV pricing
Or I guess sILV could be held as a collectors item. But there wouldn’t still be markets for it.
I dont see any reason why sILV wouldnt be 90% of ILV price by the land sale.
Haha, never thought about this, Ill have to stash away a couple sILV at some point.
Gas fees is the only thing I can think of.
An entire sILV!!! Not me. I’ll maybe save some dust.
yeah maybe just not enough liquidity in the pools to actually move a meaningful amount of value unless people start adding more liquidity.
I think sILV will definitely be eaten up, especially coming up to land sale and also especially if ILV runs better than eth before that date
Will be interesting to see if people stacking sILV or stacking eth will be better positioned at land sale
Either way my popcorn is ready haha
🤔
36m$ + t5
Based on spreadsheet pages in here. #🎮〕illuvium-zero message
… seems low … knowing already 9m$ of silv is in circulation ….
But the USD value is not really relevant IMO. Value in sILV is more useful.
Ouch… difficult to judge on that 🤔
Yeah for sure. It’s just the floor based on revdis potential compared to ILV revdis potential. And I translate that by looking at scarcity of ILV compared to land. And assume (probably wrongly) that ILV price is based on potential for revdis.
I'll hardly buy land before auction 3
it's better to spend the money on illuvials, now we know we'll choose our team from deck of 30
Not likely to be a good prediction of cost. But pretty good prediction of fuel return.
Page two of that spreadsheet does the work to calculate value based on ILV price. It’s wonky but it was more of a fun for me to think about thing than actually estimating land prices.
I think once people will understand the revdis potential it’s what will influence the price of ilv more than anything else. While for the land price I don’t know, too many unknown … difficult to predict. First would be important to see the repartition of the plots in each tiers. But who will be ready to bu my for how much … that’s too uncertain ….
FOMO will kick in when whales producting 100 silv a day will not care much of the $ value and just buy, people will see plot getting away from them and buy anything they can …
hi guys im new here
!welcome checkout #💬〕general
Welcome! Wondering where to get started and learn more? The #791148036935516161 section has all the information you need. From a brief overview to links that lead to highly detailed information. Also, be sure to check out these channels in the discord to stay up to date: #✍〕rules #📣〕announcements #❓〕faq #🚰〕leaks
any idea if i can buy illuvium of BSC? or strictly ETH only
ETH mainnet only
Deck of 30 ?
Welcome 🙂
Thanks bro i was smacking my head searching for it on BSC hahahha
Ben has another pinned message from awhile back in #💬〕general too
Basically a “card” is an nft asset playable in the autobattler. It’s not really a card.
Hoping for ETH to pump big-time before the land sale. ETH to the moon!!!!!
Need eth 10k and ilv 1000
As long as they pump together to minimise impermanent loss 😂
Won’t land x sILV be on immutable?
I think eventually now is still L1
Well I mean by time it releases, or is L1 the plan regardless?
Just realise the uniswap pool price just went up like 25%, I guess buying silv now just make good sense
im reading through the game design doc have yet to see if a player can own plots on different tiers with seperate operations?
The plan is to move to immutable X, I am not too sure of how the transit is going to happen or has it been discussed already thou
im quite sure you can. i also do know there's a possibility of plots, that are next to each other, having benefits
to be bolder than that the plan is that many of the NFTs are reusable across many games, the core Illuvial NFTs will likely be the 'most' reusable asset
conjecture only, given that we don't even have one game out yet, but that's kind of the idea of creating our own universe (or do I have to call it metaverse to be cool)
Will Zero resources (fuel) or others to come be multi game applicable as well in theory?
well Fuel is already multi game applicable ... if you mean beyond Illuvium and Illuvium Zero, I would say it is a reasonable assumption
Yeah that's what I was getting at, exciting stuff 
Quick question, can players who go t-0 land mint NFTs from blueprints discovered?
I think it wont be built on blockchain to avoid bot
Gotcha makes sense
Anyone know or willing to speculate on what will come first? Land sale or gameplay trailer
Would hope the trailer to get a bit more hype for the land sale after but who knows
Srry for noob question but how do we get sILV? I'm have ILV
stake it at https://staking.illuvium.io/

how do start playing this game
someone should put me through
what is next after registration?
@quaint kiln game is still being made. If you scroll up and read there might be some interesting info for you to read
Your welcome... also if you check ou this channels pinned section there is a document that goes into details about the game, although cause it's still being made those details might change
Probably a question for staking but do we really think there is enough time to stake if we start now to be worth it by the time the land sale hits? Or better to just put my money directly to the land sale?
Anyone know where the info about deck of 30 is
@obsidian field that is the question on many minds. If you stake though, you'll be able to earn some revenue distribution from the land sale
Sure but that’s not gonna to be usable for the land sale if I get it during the land sale right? Feels like I got here too late 😰
Also, if you stake, you could claim you reward in the sILV token, which in turn could be used to help purchase land
Also, I think this first round of land sales is only 20% of total land with future land sales to come, so there is definitely time for you @obsidian field !!!
Oh I know it’s 20% now but I haven’t seen any time frame for the other 80%. I know I can play on a t0 but I’d much rather snag something else from the start. Guess I’ll keep poking around and see.
I wish you success in whatever choice you make!!!
It s all about how much you gonna stake… if you are doing with 10 ILV I don’t think it will be worth for the sILV for the land sale
And of course depends on which land you want to buy
Honestly probably@just a t1 to get my feet wet
Hi community!
I've read there are some $ilv being on sale at exchanges like uniswap and sushi
Are this legit?
!buy
We recommend buying ILV on the main DEX here: https://app.sushi.com/swap?inputCurrency=ETH&outputCurrency=0x767fe9edc9e0df98e07454847909b5e959d7ca0e
After acquiring your ILV, make sure to add the ILV token to your wallet. You can find the contract address at https://www.coingecko.com/en/coins/illuvium and in the case of MetaMask, you can just click on the Fox next to the contract address to add the token.
Here is a video that goes into detail how to buy ILV and stake it afterwards: https://www.youtube.com/watch?v=C6YugU4zZr4
I know how I can buy ilv
'I've read there are some $ilv being on sale at exchanges like uniswap and sushi'
You asked for ILV
But the token for $ilv is also available for exchange
$ILV is ILV
$ is the ticker symbol
sILV is what you are talking about
And yes it is legit, just make sure to use the contract to make sure it's the good token.
Yep, I purchased some from Sushi. Just import Token address into Sushi or Uni
Ok
check sushi and uni both. sushi is out of liquidity atm.
Thx!
ILV or SILV, receive which is better
@hollow bay - There isn't 1 better option, it depends on what you want to use it for. sILV will be able to be used in-game whereas ILV is the governance token and cannot be used ingame
Hello guys, what is the ETA for ILV zero release andthe landsale?
sorry, scared to click on links :/
info is in the pins and the governance proposal initiating ILZ development. You gotta dig it up yourself if you dont want links though.
do i buy a land before or after beta wipe? why
I’m going to guess before. Idk that there will be land available after the land sale…
Or if there is, it will be on secondary markets and more expensive. You get to keep any blueprints or NFTs minted prior to the wipe, so that holds some weight, IMO
Almost certainly there will be more lands sales in the future. Pretty sure the first land sale is only 20% of available land...
I was understanding the question as purchasing during the first sale but yeah maybe they meant after the first sale…
Hi.. download area for illuvium APK ?
When V1 comes out after the land sale will only be open to land owners? Or will there be T0 lands available to use at the same time or do those only come out after V2?
Where can I buy land and is the mobile version of game available for playing now?
When are the land sales?
Land info/mini game info
https://gov.illuvium.io/#/ilvgov.eth/proposal/QmNab3vqQX3q2yTNSo1rwK5PzPgE8QxRnEA13jKz8gWQu9
Both Illuvium and Illuvium Zero haven’t been released yet. The first round of land will be sold through auction possibly around the end of October. Beta should open soon after I think.
thanks
so all land will be auctioned even tier 1?
yes
probably all whales will get it xD
isnt it only a percentage of all land being auctioned and the rest will be for purchase upon release?
20k of the 100k total in the first auction.
but we dont know how or when the rest will be sold. It will probably also be auctioned.
And if its all whales paying super high prices thats great. More distributions for the investors.
That’s great for investors but kinda sucks for the little guy who just want a small piece to play on
Play for free. Using tier 0. You won’t earn anything. But you can play.
True and probably what my buddies with do but I actually wanted to feel like I’m progressing. Ah well I’m sure it’ll all work out
Am I correct in saying that it is still unknown if we will be able to buy land with a combination of ETH + sILV?
Still unknown, but also unlikely. I think there's technical issues with allowing both currencies in a single transaction.
Thanks, that makes sense. The tricky part will be deciding on whether to take sILV staking rewards. If a user's rewards are less than the piece of land they want to purchase, they won't be able to use the sILV at all until the game is released.
This is true, but being pegged to ILV price means that your sILV at least appreciates in that timeframe (at least in theory, if ILV goes up)
And then can be used in-game...but do we know exactly what sILV will be used for?
Yeah everything but player to player transactions
It’s an illuvium gift card.
Pay the game with sILV.
You just can’t pay another player in sILV.
Thanks @vivid cipher and @potent dock , much appreciated
Tell that to my relatives at Xmas... stupid gift cards lol
Maybe I'll get sILV this year...
Imagine! “Hey I know you wanted ILV so I got you one this summer. My budget was $30 so I had to wait awhile.”
If I can't buy land Ill put all the ETH i am saving into ILV lol...Then stake it
How to join giveaway?
@wide otter
You can Check out the latest announcements that have been posted check #📣〕announcements and #768749491171229716
Hi everybody, new to the community. Could you please help me understand what the Land in Illuvium is for? Thx in advance 
Hey. Check this out #🎮〕illuvium-zero message
Th a lot. What is the fuel for. Do you already know or we still wait for infos?
You can read all about it here #🎮〕illuvium-zero message
will the starting price of lands auction be in USD or sILV/ETH?
It is based on $ but you pay with Eth or sILV
it means that if the T1 land is starting at $1000, now if I buy 1 sILV off the market. Saying that at land sales period, ILV is worth $1k, and sILV is 1:1 ILV, so I can buy T1 land with 1 sILV right?
Gonna need gas fees
yeah i know, wanna know if my assumption is correct
Hey guys i have a question before go eat , when the 20K lots will be ,how many T1/T2/T3/T4/T5? + how much max we can have lands + all auction will be simultaneous?
pretty much the answers to all those questions are undisclosed. mostly speculation but we should be hearing news at some point
Doesn't matter what ILV is at. sILV hold the same value in game. If land is like $1k (with current ILV price) you pay like 2 sILV
Will 1.14 eth be enough to buy tier 2-3 land?
Probably but there is no way to know for sure.
Ok awesome! Well just have to wait and see! Thanks
how ?
For the current GiveAways please check:
#📣〕announcements message
#📣〕announcements message
Yes
Yeah it will be a Dutch auctions so no one know 100% what the buying price will be
For all the mini game/land info :
https://gov.illuvium.io/#/proposal/QmNab3vqQX3q2yTNSo1rwK5PzPgE8QxRnEA13jKz8gWQu9
COMO JUEGO
@amber atlas no rush but curious about any sorta beta for zero or at least some game play stuff. Iv read the pinned documents but was looking for something more before we commit funds to land. Was advised you might be the man to see.
Not sure if you saw these two site shared a while back. But good reads while waiting for a response:
Thanks but Iv read those a few times now
Same haha
I made note cards for the materials cause i 1000% nerding 🤓out to this game…..its like waiting for Christmas Day when youre 8
Haha for sure. My hope is this will replace my teams last game we played competitively. So lots of research to do
Thank you!
Right! I literal quit all other games, selling my switch lol, bought a gaming laptop only turn on once to set thing up haha. All i do is work practice coding, and learning illuvium/NFTs, and crypto haha
I get paid to play games at work and I have a bad back so I can’t sit at a desk like that. #mobilemasterrace
Oof Yeah i am constantly look for ways to mitigate bad posture when i sit. I have a set up to where i can lean back 100% and be comfortable doing the due
Still going for the T1 lands 👀
Awe meh yeah. 2-5 would be a bonus but if not 1-2 T0s for sure
If i fail at getting lands all the ETH I’m saving will just go into staking TBH
Yeah either want a T2 or a couple of T1
Just need to win the lotto real quick to get a t5
This is the way
I'm not too sure if even winning the lottos can get you enough for a T5 TBH unless it's like 5million or more 💰
I mean the lotto is 400 million last i check so after taxes about 280 million to spend:
-1 mill going into my APY account
-5 mill into fixed income life insurance policy
-20 mill going to BTC/ETH 10 each
Leaving 254 mill left over lol
Just enough for 1 T5 😜
If only though🥺 i could have the job title i always dreamed of = Retired.
Spend my days coding/illuvium, working out, coding/illuvium, meditating, coding/illuvium, traveling. Repeat lol
I could do that with 1 million to be honest.
I wonder how land renting would work. I expect that when all structures are on lvl max there won't be anything else to do on the land, so why would a land owner rent it?
And while the land is being upgraded, I know some structures require resources and even fuel to be upgraded. Who'd pay for them? the owner or the lessee?
And even while the upgrading, how much time will a land require? I expect that we'll start the upgrade and set a timer for when the next upgrade will be possible, and nothing else will need to be done. So why rent it?
I'd see it more of a traditional job than renting. The land owner pays an employee to do the job. Not somebody rent a land and play it for profit.
Great questions. For me I’d see it as a house rental. I’d take care of upkeep and then charge a fee based on my expense and market demand.
T5 just arena profits alone, to have someone else manage…..like a franchise McDonalds…i get 13% per month standard fee (i forgot how they do this part) plus a % of total gross sales. Incredible deal tbh
Also too i think i read even when lets say everything is upgraded, you still have to go an collect. It’s not automatic….so now you got me thinking does the renter get all the resources as well?
I would say yeah on my part and just I what I need. But Renting can become super complicated quick
Yeah there's the collection, but I had read we can stock fuels for months without needing to collect, and I doubt owners would rent that part 😄
T5 yeah they may require some special work!
T5 may end up being small companies with staff to manage everything
The comparison I see in illuvial or armor x land:
-
land requires less action to play, IZ is intrinsically an idle game, while illuvial and armor are useless when they're idle
-
land provides passive income by itself, so land owners alrdy have it, while illuvial and armor owners earn nothing when they are idle, which creates the need for renting
-
illuvials have the need to be trained to lvl up, but I'd not see training an illuvial as a job, but I might be wrong and some ppl might be willing to pay for other player to train them
True. For me for train would depend. Like in Pokémon if you give it to that caregiver, and she gets to pick the new moves they learn = gross.
But if the moves/skills set in stone. Why not while im at work.
As for the land aspect i agree 100%. It’s why I’m saving everything i can to buy 2 T1 or a t2-4. Bonus with this is i want to be a smith/extractor more than PVP is my end goal
Would you be able to set up multiple land plots to generate resources for 1 account? If so what would be the max and what would stop whales from hoarding everything to completely monopolize the in-game market? Restricted a number of plots to an account wouldn't be perfectly ideal, but neither would the opposite.
Also, if 2 people go in on a plot of land together to get a higher tier plot would they be able to split the resources or would the 1 account be able to send resources to the other persons account cost free? or would it have to go to a public market preventing the sharing of resources?
All the ingame resources created by land will also be created by the DAO and added to the LPs that the resources trade on. So whales could influence the price but they wont have complete control.
At the moment I think we are looking at 1 land 1 account. There is still a lot of time left for development of this game so more details will come out with time.
There is no max. I could buy all the T5s if I had the cash flow.
BUT the DAO has the right to reserve a t5 for themselves and some other aspects. Still early for most details
Perfect, thank you! Any idea on the sharing of resources with a friend or second account?
I imagine you would be able to. There will be a gas fee for transactions until Immutable X launches support for tokens and LPs on L2.
I was mostly curious if lets say someone had the funds to buy 2 or 3 tier 2 plots that would generate the almost the same amount, the same, or even more than a single tier 3, but potentially cost less than a tier 3 then would multiple plots be able to resource 1 account. And then the game economy ramifications of that kind of thing. If you can only use 1 at a time (which I think would be most ideal, especially in spreading the wealth to the community/player base) that would change how people buy in the land sale. Obviously wouldn't change how much land people buy to then flip for a profit though.
Thank you again! Of course there will always be a gas fee 😦 but if that is the cost splitting land cost with someone for a share of higher tier resources then it could potentially be worth the trouble. Any idea on that potential launch date?
Yeah that won’t happen lol. Capitalism is a big thing with the economy with this, which i like, but i am also concerned as yourself. But if everyone Ghent’s to participate then capitalism is awesome, but if it become just whales making the rules then yeah it would be as fun.
That’s said though, redivs. We get back 100 % of the profits distributed to the stake holders. So we want the whales to pay top dollars, pluse the DAO can adjust things as needed if stuff gets to one sided.
I want two T1s or a 2-5….i wont be v\able to get a 5new more than likely but i could dream lol
I suppose even tho it takes longer to get fuel for T1 you could just build up the resources over time and sell when you have bulk? Be interesting to see how it works
yes that's what I understand too 🙂
^^ yup you can hold till there is a fuel shortage and then flood the market getting great prices. From what i understood is a supply and demand ecosystem
Sounds like a plan for the shrimps to come together 😏
That’s a lot of shrimp 🍤
But t1 do not product fuel so that’s why I’m trying to get a t2-4
Yeah we shall see, like you said if I don’t get land I’ll prob stake majority that I have and using a portion of it to get geared up with everything on over world the catch illuvials and travel 👌🏼 if you stake which pool you going for? @thorny crater
Just the ILV. Least risky gets you governance, and i can just claim for ILV where ill get more rediv every time a purchase is made. @uneven elbow
Aaron said that the DAO will have fluctuated production so fuels prices are kept stable
Well that’s good. I’d vote that’s up lol
https://tenor.com/view/kummeli-thumbs-up-nice-well-done-approve-gif-12348671 sounds like a plan brother
there will be gameplay footage before the land sale, how long before I'm not sure... I don't think there will be a released build before that time, the problem with a leak right now is mainly that the game is in a bit of an awkward stage, it has a lot of final art in there, but also some placeholder art, and thus it feels a bit disjointed
Thanks for keeping us updated mate, much appreciated! What part of the game are you most excited about?
that's normal don't worry 🙂
Did you basically buy a laptop that can handle high-end games, or are the hardware requirements for Illuvium already known?
Not officially no. They want middle of the road computers to handle it fine. Someone has mentioned 1050ti. But it’s not official
Of course that is the maingame and not #🎮〕illuvium-zero which will be on mobile
Wow someone just dumped like 300 silv in the secondary pool , now price is 1:3 , too bad I am out of ammo 😦
I looked up min requirements for unreal engine 4 games which I think they said 1060….so I went higher lol
lol
whats the pool?
Ultimate Hub and Defi App For Uniswap and DEX trading.
tks
its no longer 1:3 😩
Ya fastest finger 🙂 too bad I have no eth left
it seems to be a cycle, ill wait for it to drop below 0.059 sILV/ETH ratio again i guess. Unless it gets to a point when liquidity runs out. But im just itchy, I don't actually need to buy
Was just hoping to top up a little bit more for land. Ah wells...
Still time
sad day when you have no money left to buy the dip
lol
Yup, I was all in on everything too soon!
How much tier 4 land will cost... Any guess
Your guess is as good as any other. There is nothing that will let you estimate this. It will start with a incredibly high price and slowly go down with time until someone buys. The market will determine the price.
Hello, do we already have info on the estimated cost of the tiers of land? And when will the auction be held?
How high t-4 ... 1 M
No on the date and for costs look at the message above yours 🙂
Will t-4 start at 1M
It could start at 100M and if anyone want to pay that much it’s possible ahhahaha
Prices will start high and go lower. First bid wins. (Dutch auction)
lol
hello guys, will people be able to sell land on secondary market after the auction?
Hi guys, since fuel only becomes available on T2 land and above, is there any advantage to owning T1 land?
Will be there a limit of lands a single user can purchase during the land sale? This limit should exists to better distribute the lands between users and give anyone a chance to have one, right?
From tier 1 and above, all lands will be NFTs. So yes, it will be possible to sell them.
I saw someone mention yesterday there is no limit to how many you can buy but I haven’t seen anything official about it pinned anywhere
We should encourage people to buy the lands to play on them and bring real benefits to the game. There will be of course users that will buy lands only with the purpose of selling them later with profit. That's is not beneficial to the game and to the community, so we should apply mechanisms during the land sale to avoid that, like limiting the number of lands per user (at least on oficial land sale), and try to better filter the bids.
I’m not saying we shouldn’t just that I read there isn’t a plan currently to limit people. I certainly fear that whales will scoop everything up and the rest of us looking to actually play will be sol.
I am worried about that too
The rational was that even if whales buy everything that income goes right back to the people in the stake pool so it’s not really hurting anyone. I however think the game will be very short lived if the cost of entry is too high and land isn’t available to the average player. But just like any game we’re gonna have whales and they are gonna make life miserable for the rest of us. Have learned that lesson in nearly every game Iv ever played
For whales to scoop up everything they would have to snipe all lands at incredibly high prices which would mean a ton of revenue and a ton of publicity for the DAO = win/win. No limitations thus on purchases.
And while I understand the main game will be completely ftp if you’d like not everyone is interested in that portion of the game. Personally the city building and resources harvesting/management is what I’m after and it’s a shame there isn’t a way to get that without spending (excluding t0 which should be worthless and not connected to the game anyway)
That is a point. But if whales use sILV for most of the purchase, there will not be to much revenue. Only a deflation of the ILV token, but I did not calculate if that deflation has potencial to have a big impact
And even if there is a ton of revenue who do you think has a majority stake in the pools? I’d assume the same whales who buy up all the land.
Could be wrong though
For whales to get all lands with sILV only, they would have to burn a ton of ILV = long-term again good for the DAO and it doesn't remove the fact that the value of sILV still was spent on that land = publicity.
Hi guys. if anyone interested in creating dao for buying T-5 land ... It would be great ...
This how things goes -
First buying the T-5 land with the treasury ... (Treasury will be filled by u guys )
If a t-5 piece is sucess purchased... Dao tocken would be formed and distributed according to the contribution of each
Any future build in land will be desided by dao vote...
Revenue from land would go to dao treasury
.....
Thanks @ivory vine , Good points for both sides. I will think about that
Hey @ivory vine how are things? Been off the channel for more than a month (was busy with Star Atlas).
What's up with the Illuvium Zero land sale? Any early price indications? Also, is there an in-game mechanics where people can share buying a piece of land?
No details yet about starting price, auction date or the possibility of land fractionalization. Gotta wait for info on that, sorry 🙂
Will the surface area of t-5 will be same as T-1
Can others utilize my land if I grant them some sort of access?
Try to check out the GDDs pinned in this channel and search for Aaron | Illuvium and JohnnyA | Illuvium in this channel. That's most of the info that exists so far (and some GDD parts have changed according to info from Aaron/Johnny in here) 🙂
Thx
Hi according to a message from Aaron, T1-5 land can produce fuel, but according to a more recent pinned message from suatmm T1 land can't produce fuel. Is there a GDD link where I can verify if T1 is worth potentially trying to buy?
GDDs pinned in here + searching for Aaron/JohnnyA to see if any changes to the GDDs were confirmed would be the way to go here.
Thank you
T4 17500 .... I hope its true
Where I say floor I don’t actually think the price will get that low. It’s just the price shouldn’t get lower based on current ILV valuation.
I don’t see that happening but I hope I’m wrong, I’ll take 2 😬
30k -50k I am happy to buy in... But if it goes 200k-1M ... 😢
It’s hard to know. But I really think there will be around 500 of 2500 t4 in the first sale.
My guess is there won’t be enough sILV to get it all if it’s selling above 200k. So… ETH revdisssssss
Or maybe I’m wrong.
Nope. Not wrong.
Can t-4 generate 500$ a day... Than I can compare them to cyberkong... Extremely stupid question but still by your guts
I don’t guess at what USD revdis will be.
If my guess of each tier being 3x rarer than the tier below it is correct… then t4 would earn about the same revdis as would 35 ILV if it were staked.
Wait... 35 ilv for month or year or day
No.
hey @ivory vine , just wanted to confirm that blueprints **won't **include the "discover % reward" where someone get's a cut from that blueprints use if they are the first to discover? As it's still in the GDD
Not sure what the latest status is on that, sorry.
OK I get... It would earn 35ilv if stacked in single sided pool
no worries ty
I think Johnny and Aaron were leaning away from that.
yeah that's the last I heard, but haven't seen anything official on it
If you staked 35ilv you could earn a similar amount of revdis from that as you would from the fuel produced by a t4 land. (If my guess is correct. Which it won’t be exactly)
ALL land receives 5% of total fuel sales revenue.
Thank you... I guess my 500 ilv would earn more reward locked in stack... Than me buying tier 4 ...
Yes. Unless there are only like 150 t4s. But there will be more than that.
Hi! I'm New Here 🙂
How about T-2
!welcome
Welcome! Wondering where to get started and learn more? The #791148036935516161 section has all the information you need. From a brief overview to links that lead to highly detailed information. Also, be sure to check out these channels in the discord to stay up to date: #✍〕rules #📣〕announcements #❓〕faq #🚰〕leaks
Play around with sheet 1 & 2 of this document…. https://docs.google.com/spreadsheets/d/1mjxD-MjO4eSG8IKTRewCzWbv6cYt1BVwFV276HyJPHA/edit#gid=0
Will going off chain (f2p) on Illuvium: Zero have any benefit?
what about practically? Like does it connect, or can it connect to my main ilv game
giving fuel/blueprints ect
so then begs the question, what's the point of f2p ilv zero? Not trying to be rude or anything just gathering info for yt lol
Yeah it’s just a game. Like any other game. No ownership of assets.
Same as f2p in illuvium main game.
yeah but in ilv main you can grind to profit
MAYBE
no worries, was just curious to get the right info on f2p ilv zero
I guess it might be possible for there to be t0 blueprints that are actual NFTs. But I doubt it. This would be similar to how t0 illuvials would work. But…
yeah just thought there might be a fun use case where it's not a nft but it can connect to your main character, so you can still style yourself but can't profit on it
Yeah maybe they’ll do something like that. But if they are going to make t0 illuvials NFTs then why make anything that isn’t an NFT?
Honestly I personally like that idea. I think t0 illuvials need not be NFTs. Create a bit more opportunities for f2p players to enjoy the game. but this would likely reduce the number of players wanting to make the jump to the play to earn model.
It reduces the ownership though.
If we can’t start ftp to earn what will the minimum game starting amount look like? Do we know? I know for illuvium zero it’s a land tile but the main game I though was going to have a way to play completely ftp
i think they have a good plan in place where all illuvials are nfts, it allows for true marketplace and barrier to entry being free if you want but in exchange for massive time
it does have a way for f2p, he's just speculating what ifs basically
Or early adopter
T0 Illuvials will be NFTs since they can be sold on the IlluviDEX
Ok cool. I don’t spending a bit but I got friends who probably can’t. Would be a bummer if we couldn’t play together
That's one way to get from free to play to the earning parts. At least IF(!!!) there is a demand for T0 stuff (which I still expect there to be since everyone needs them to beat T1+). For IZ though, you need at least T1+ land. No chance to get something from T0 afaik.
you're all good, they'll be able to enjoy it too
If you battle each other you may need to play without your best illuvials to make it fair. But that’s ok.
Not being able to play iz ftp and earn is sorta a bummer because idk if I can afford it but I see why it’s like that. Just want the main game to be ftp so it’ll draw more users
And if they play long enough and well enough they could get some better ones eventually
Free to Earn economies are unsustainable. Having the option at all to get from T0 to T1+ with selling T0 Illuvials in the main game would be nothing more than a bonus for as long as it might last. There is no intention at all to guarantee this. So obviously there is no counterpart to this in IZ either since here the whole gameplay can be enjoyed with free lands.
Sure but I thought the idea was with enough time anything is possible
sorry gona keep picking your brain, can land be sold on secondary market? Let's say 6 months from now I'm wanting to cash out with everything I've built in IZ
It's a NFT, of course you can sell it. How soon that's available via the IlluviDEX I cannot say, but in general, yes, you can sell it 🙂
noice, thanks
Have you guys heard whether they plan on structures to be permanently linked to the NFT or to the player account?
that last part about playing iz free but not making anything just shook me....me thinking - "who would play a game that you can't own the assets?" - Revolution has taken over my mind lol
It’s amazing how much stuff are NFTs in this game
gonna be one wild ride!
any idea how dutch auction is held? is there a set price while ppl bid for it? if they wan they can just buy at the set price or just a set period when it ends, the highest bidder get the land?
Each individual nft will have its own Dutch auction. Many running simultaneously.
The price will start very high and go down overtime. When someone decides the price is a good buy they will buy it. The auction for that NFT will be over because that person bought it.
what was the "anticipated" land sale date roughly?
q4, perfect thanks
For the land sales the sILV will be worth 1:1 with ILV right ? How is that suppose to work (i mean right now sILV is not close to ILV at all). Is it really worth to buy some in hope to get some piece of land ? ^^
Unofficial pools give their own prices. But in game and anything related to game, sILV should have the same value as ILV, but with different utilities
yeah I believe so. Until IMX really starts operating I guess OpenSea is the main market, but I'm not sure
It works because sILV is like a gift card. Illuvium can decide it’s value “in game” (and in land sale) and that will always be 1:1 with ILV. The open market can make a different decision.
sILV collected during landsale is burned, ETH collected during landsale is revdis. Let's say out of 1-3M sILV 2M is burned then ILV FDV is roughly 20% more. Would you prefer more ETH collected or more sILV burned? What about a whale with huge stake size?
Hole point of nft is u can sell to other players
well yeah, i was clarifying if the land itself was an nft or just the resources from it
I also have same question
This is how my brain works - I could sell you 1 ETH for $1 USD. That doesn't mean 1 ETH is worth $1 USD, just that I sold you one at that price.
Similarly, people are selling sILV on secondary markets for literally whatever price they can (ends up being around $200 right now), but sILV for all in-game purchases is pegged to ILV.
It's like how someone could sell you a gift card for a restaurant they don't intend to eat at for less than the gift card is worth.
Probably a better example, that.
Both end up benefitting the price in different ways - I'm equally happy with both TBH.
If the land is not a nft I would not buy it even for a 50$
I’m buying no matter what lol. NFTs, the money making aspect, etc are just bonuses.
Here for the game itself, would 12/10 put down $30+ per month just to play it.
What secondary market might that be?
sILV has been for sale unofficially on Sushiswap and Uniswap.
Keep in mind that there's no official liquidity pool on either of these sites for sILV, so use at your own risk. You can find sILV by the token address.
!contract
ILV Token: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
ETH/ILV SLP Token: 0x6a091a3406e0073c3cd6340122143009adac0eda
sILV Token: 0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2
I suspect that sILV will skyrocket when they release some official information about the land sale.
I think it will be equivanlent to ILV
sILV is 1:1 with ILV. (Official markets)
I'll eat a sock on stream if sILV on secondary markets is the same price as ILV. I think it will get to within 80 or 90% though.
Let's be diligent with our language though - sILV is pegged to ILV for in-game spending. sILV on secondary markets is totally different.
right now sILV = 43% ILV, even if it got to 80% thats almost 2x
That’s un officials markets aka secondary markets
If used for land or in-game, it's basically 2.5x the secondary price. That's good bang for your buck!
Which i have a question about.
Why is illuvium allowing this secondary sILV to be bought and used.
I think post launch is when we'll see sILV on secondary markets stabilize at 70-90% of ILV price.
Well, sILV is an ERC20 token. How do you stop people from trading an ERC20 token?
its a crypto currency, they don't really have control over what the market does with it.
Ah. Gotcha makes sense because ILV isn’t anything in game. So that is technically a token right?
New to crypto in general FYI
Don't get me wrong - there are solutions which weren't implemented to stop people from "getting" their sILV until there was a use case, but people claiming rewards as sILV to sell on secondary markets isn't really a bad thing. Every sILV claimed decreases the maximum amount of ILV.
Quick thought before I start work. The current price of Silv means that the land sale will be more successful as people can have afford more then what they would be able to if it were pegged to Ilv. Higher land sales is better for everyone.
It doesn't have much to do with ILV, it's just like... sILV, once it's in someone's wallet, is just a token, and can be traded like any other token.
ILV and sILV are both ERC20 tokens, they just have different uses. Currently there's no use for sILV so the market values it lower.
Free flowing sILV is good for illuvium. It allows people the ability to leverage/deleverage. As well as add a gamble element to it. promote more sILV claim.
Ohhhhh i see now. I can sell my sILV on secondary markets to make my ETH.
Sweet thanks i get it now