🎮〕illuvium-zero

[fleet pumice]

Blickster my issue is not that I think it's a drug pull, but the Kieran has mentioned figures of 500-1000 dollars for tier 1 land multiple times. Encouraging people with not much money to buy silv for the sale to increase their buying power. But postponing the land sale to the peak of a bull market when big investors have more money around sort of beats people like me out of the land sale. I'm just disappointed about that because I love this game and really was looking forward to the end of this month to have a piece of land

[arctic oriole]

Relatable! also bought literally the top of sILV. Feels kinda bad

@potent dock Is there going to be eth gas fees during the land sale, is this known or not yet?

[potent dock]

Sure, I can absolutely see frustration with the sale not being when people thought, especially if you're worried about the prices increasing because of the extra time.

I just don't think we should attribute pushing sILV buying to the team. The idea wasn't pushed by them to buy sILV for the land sale, it was an emergent strategy that some people chose to employ to try and increase their buying power as compared to ETH. One of the primary reasons sILV is still 40-50% of ILV price on Uniswap is because it doesn't have active use cases. That's a risk people take by buying sILV. In return, that's balanced with the reward of doubling your spending power as compared to ETH.

[muted moth]

Yep. Sale will be on ETH mainnet

[arctic oriole]

So ima have to have a solid 500 in eth just in case gas gets that high

[muted moth]

Not a bad idea yea

[little moon]

Sorry new here, just catching up, when is this land sale taking place?

[twilit bough]

Maybe a message mentioning the land sale in Jan 2022 should be pinned . Most still think it is in 2 weeks.

[slim otter]

But they said they would announce it prior and we have had no announcement so why would anyone think it's in 2 weeks? I know they had said potentially November/December but it was just estimates

[twilit bough]

Yeah it was never mentioned, we are just all crazy and collectively dreamed it was soon. And Kieran is mentioning the community will not take it well and he understand because he is a very impatient guy for no reason

[austere whale]

Ok I'm not that salty for land delay but if they delay game launch(open beta) I'm gonna declare a war on warwick family

[twilit bough]

They are doing something super hard. They had to delay the trailer, we get it, they had to delay the game, we get it, they now need to delay the land sale for the audit to be well done, we get it, but let's not pretend this is not a delay and respect the community and those that bet on trusting the timeframe

[slim otter]

What's with the passive aggression? I just was throwing my two cents out there.

I don't feel personally slighted by this. I know we are in on the project early and I feel like the development in less than 12 months is great and the team deserved a few days off after the trailer. Overall, I'm very happy with this project's progress. Yes, an announcement is due if there is a delay (I haven't watched the YT vid yet, just queuing it up now). You don't need to be so confrontational about it all.

[twilit bough]

Sorry about that. True that it was.

[austere whale]

Roger that

[little moon]

Where is this vid by the way? Gunna give it a watch

[austere whale]

Here

[little moon]

Thanks 👍

[slim otter]

All good, I can understand the frustrations. But I think if we are patient, things will get cleared up 🙂

[barren spruce]

It’s kinda hard to tell people to be patient when delaying land sale makes a lot of those ppl lose $$

Nothing can be done at this point, let’s hope for the best, I will still support the team

[thorny crater]

By now im just trying to get a t1

[autumn island]

I did buy sILV to prepare land sale too. Please appreciate we are already getting a great discount compare to purchasing with ETH no matter when is land sale. The drop on sILV is only opportunity cost if our plan is to use them for land, no actual loss happened.

[barren spruce]

Tbh I don’t think that has anything to do with this, I was ready to use my ETH to buy land as well

[autumn island]

Let's support the team like dReAm said and together we win the long run.

[fallen nymph]

100%. There has never been an official date for the land sale. The team has been very careful not to make false promises. The only reason people (including me) bought sILV was to get an advantage.
Well, one of the reasons I'm all in on Illuvium is because this team isn't rushing shit out the door just to appease a bunch of short-term degen monkeys.

By the way, I don't see anything "tanking". I see the whole market having a dip - BTC, ETH, everything.
sILV is actually holding it's value pretty well, considering all the FUD.

[main crag]

Totally agree. We good guys, dw.

[iron adder]

As long as the market is still bullish, because of the delay, expect T1 lands to cost between, $3K to $5K.

[main crag]

We'll get details end of next week by the sounds of it.

So, until then, all we can do is crack a beer and armchair speculate.

[fallen nymph]

Sounds good to me.

Personally, I'm buying the dip and adding some more SLP while we wait. 😉

[autumn island]

I did the same this morning.

[main crag]

Nice! Honestly, I'm really interested in how the UX for multi-land management will be handled.

[viscid solar]

Discussing land sale and other reveals today on Twitter Spaces, join DarkNRG and me! 🙌🏻🌟 https://twitter.com/i/spaces/1yoKMWdnrdjJQ

[main crag]

Like sign into different wallet/account per land, or is there some sort of tab system envisioned etc.

[fallen nymph]

Same! Super curious.

[viscid solar]

This is ridiculously stupid. Any project depends on their content creators. Taps Trades is amazing and it beats reading in a trolling discord. Rather see a persons face and hear them, btw NOT EVERYONE USES DISCORD. I hate discord with a passion. Anyhow Lots of great info today and Kieran gave SO MUCH LOVE to discord followers, but if you expect rev dis from players onboarding you bet you need LOT MORE YouTubers AND REASONS to watch them instead of them repeating each other every damn day. This is the way 💯 https://youtu.be/TboZfw_qCUw

[mortal merlin]

More time to pile sILV

[main crag]

https://tenor.com/view/this-is-the-way-mandalorian-star-wars-may-may-the-fourth-gif-21430119

[hearty arch]

can you give me the link to buy some sILV plz ?

[oblique ore]

https://www.dextools.io/app/ether/pair-explorer/0xa7f72a1ec0ab189998a3eec8b886e6360aff39da confirm for yourself though

[autumn island]

⬆️ @hearty arch

[hearty arch]

why everyone say to be safe when we buy sILV lol

[oblique ore]

So you don't get fucked over and blame me LOL
sILV pool is unofficial and always will be

[hearty arch]

so everyone who have sILV can lose it ?

[oblique ore]

Not saying that. Generally if something is in your wallet it's yours. It's just the same idea as saying "not financial advice" even if you have a chance to buy ILV for $3 and I would do it in a second.

[oblique ore]

The whole "Land" section at the end of the video is good stuff. Minus the delay at the start

[long tendon]

I agree that leaks shared to content creators are necessary and brings in the views and the community gets more info about the game. What I dont agree is when news about the game that should be communicated in the official channels are being shared in an interview and the community heres it first there. Even if Kieran didnt intend to announce the land sale delay there, the team had enough time to issue an announcement in the website, medium, discourd announcement before the video came out.

Its not a huge issue but I hope communication is properly addressed as Ive been seeing it being an everyday issue.

Anyway, moving the topic back to land. The delay allows us to accumulate more sILV or ETh for it which works out well for RevDis.

[hearty arch]

well if a buy silv with eth by MetaMask, the sILV should be safe in my MM?

[oblique ore]

It should be, yes. It's just about making sure you're doing what you think you are and in a safe environment. Not even so much to cover myself for liability or anything. Just giving some info and you can do what you want with it

[heavy hamlet]

There's hope out there for the soon-to-be Tier 1 landlords for getting their ride to the moon. Kieran and Aaron mentioned in an interview some interesting potential land development plans for the future.

[oblique ore]

Yeah very interesting with grouping of plots etc. Didn't think that was on the table at all

[autumn island]

It's more about if the sILV price go down please don't blame anyone, we should make our investment decision solely

[wild harbor]

How long is the delay? Haven’t seen vid

[oblique ore]

Dec 15 at the earliest, prob January. Worth watching the video tbh even if just 47:00 on

[hearty arch]

if i buy the sILV like 1-2 days before the land sale, it would be more safe?

[autumn island]

imo by then the price of sILV would be closer to the price of ILV
it's currently around 40% of ILV, you can wait a few days if you want to see it settle after the news. But who knows where it is going.

[austere whale]

Just finished watching the interview, loved it..just wanted to people know Kieran said the pricing will be out for land sale around next week.

[spare veldt]

No that’s ridiculously stupid. Any business would have put out the announcement to the community first in advance of the interview and then talk about the change on the video.

[mighty hinge]

Excellent

[proper canopy]

I see a lot of messages about the extension to the land sale. Was there any news given on how far ahead or just that its being pushed back? I can't find anything about it with the flood of messages

[dawn cradle]

There is no set date. However, Kieran said in an interview that they are having trouble getting it audited and want it audited before the sale. He did not set a date, but said that if the audit is not complete and everything seeming good well before December 15th and he doesn't want to have the launch too late in December (say December 22nd) due to the holidays. He would rather delay the auction further to get a better timeframe and have it early January. So... the inference is that the new auction date is likely early January unless something happens that is unexpectedly positive during the audit at this point.

[proper canopy]

Awesome thank you.

[formal knoll]

What’s everyone planning on paying for land?

[proper canopy]

Will there still be a public beta for IZ even without the land sale or is the beta only happening once there is a land sale?

Would be cool to have a shot to atleast play the free land area in the beta while we wait for the sale if it's possible. Guessing not though

[proper canopy]

No one will know until the pricing comes out.

[arctic garnet]

what's the link to the interview?

[proper canopy]

https://www.youtube.com/watch?v=TboZfw_qCUw&ab_channel=TapsTrades

[formal knoll]

I understand the pricing isn’t out, but what are you prepared to pay

[glad laurel]

https://tenor.com/view/poker-face-poker-partypoker-gif-14470006

[south belfry]

its already been stated T1 is starting way lower than 10k per plot

for the rest its unknown

[formal knoll]

Oof I might have to buy some more silv

[proper canopy]

I am prepared to pay 500-700 ish USD
maybe more now that the sale is pushed back

[formal knoll]

So you’ll spend that much and have the ILV value of around 2k or 500-700 in ILV value?

[proper canopy]

It depends on how the rest of this bull run goes. But yes i will probably buy 500-700 sILV

I am planning on getting T1 but if i end up having enough for T2 i won't be sad haha

[pine siren]

5-7k

[main crag]

We know if the sale will happen L1 or L2 yet?

[proper canopy]

Not yet

[iron adder]

Don't get your hopes up with those valuations.

The trend so far, $3K+ for T1, $7K to $10K for T2, $15K to $20K for T3. I'll grab what I can get.

[proper canopy]

I mean if 1500-2500 isn't enough for T1 land then i won't be sad i missed out so no hopes to get up haha

Not paying a shit load of money for something that no one knows the value of. If everyone wants to pay that then go ahead and i will wait for the discounted second hand sales or i will miss out and just play Illuvium

[mighty hinge]

I am going to stock up silv now the sale isn't till next year most likely, earliest 15th of December

[proper canopy]

And to be honest. As Kieran said there are going to be a bunch of dumb people who FOMO in and it's probably going to fuck it for everyone.

I will be no part of that

[iron adder]

Are you the one scooping sILV everytime it dips to $400? Hehe.

Someone keeps on buying sILV, it pumps to $470, then people who've seen the news get out of their sILV positions at a good price, then sILV dumps again.

[mighty hinge]

Hehe, I wish, I have bought a small bag though

[pine siren]

You should look up the history of the axie land sale… which is shit game with zero use for land at the moment and no timeline for implementation of land gameplay

[iron adder]

It's $435 now, get your wallet ready, it's about to hit $400 again.

[mighty hinge]

Where are you checking the price

[proper canopy]

Not worth it at current gas fees haha

Saw they got into the 600 Gwei area earlier

[iron adder]

https://nomics.com/assets/silv-escrowed-illuvium

[proper canopy]

Why should i check it out?

[iron adder]

So that you can estimate how much people are willing to pay for degenerate nft virtual lands.

[pine siren]

I think they started at 2k and now the cheapest available is 45 last I checked them

NFA of course but I’m expecting the value Illuvium land to appreciate nicely. Like 5-10x.

[proper canopy]

I'm good. Like i said i have valued how much i will spend based on what i have.

If it goes over that im not paying it because im not a whale. I don't have an endless supply of money to buy stuff that doesn't have a guaranteed value.

If something i have makes me a shit ton of money before the land sale i will up how much i will spend but i can't afford more then that its just how it goes

[wise flume]

Where can I see axie land sale prices at initial sale?

[pine siren]

To each their own. I’ve been saving my staking rewards up specifically for this

[proper canopy]

I don't even have enough to be worth staking so 🤣

[pine siren]

https://medium.com/axie-infinity/everything-you-need-to-know-about-the-axie-infinity-land-sale-in-one-place-2e0a876b4512

[wise flume]

Thanks

[pine siren]

.05 eth….lol cheapest on the market now is 3.08

[proper canopy]

Something to keep in mind that's different from Axie is that these lands also already have unkown value but there is value. So if Kieran is telling you that the price is starting high and is begging you not to fomo in and people start over paying that's 100% on the people. The team already knows what the land is worth ish and is pricing it accoringly

It's also going to be very dependant on where the plots are. If a whale gets a piece of tier 4 land at 833,455 then all the land in that area probably has a higher price tag then stuff further from it because they are probably going to be looking to pay more for the land around it

[pine siren]

He also said he plans on buying a shit ton of land. Like 50 plots or something. You do you, I’m just saying I’m buying. And will be overpaying because I think this game will absolutely blow axie revenue out of the water

[proper canopy]

500* 😛

[arctic garnet]

is there a benefit to land that's adjacent?

[proper canopy]

Yes you can make a "super city" by connecting all your plots together.

It's also beneficial for small fish as well because if you own a plot near a whale who wants the plot to complete their super city they might buy it from you for more then it's worth.

I don't know if I would base my plan on it however it could be worth it.

[still bloom]

Yea, it's interesting
The mega city idea is cool

[proper canopy]

It is. I'm just curious how many plots it takes to make one and if you have to have all of them before you start. It's super unclear

Like if you own 50 T1 plots, two T2 plots, one T3 and one T4. But there is one T1 plot sitting in the middle of it can you still build most of your mega city

Like how much does effect your production missing that on tier 1 plot?

Is the amount of plots or total land area size for a mega city fixed?

So many questions

[vivid cipher]

2x2 square or 3x3 square is likely.

[proper canopy]

For a mega city? How big are the T1 plots?

[vivid cipher]

Each plot is the same size regardless of tier.

[proper canopy]

Ok and what size is that?

Cause there is no way it only takes 4-9 plots to make a mega city. There has to be more to it then that.

[vivid cipher]

This is exactly the scenario Kieran has discussed before. No the holdout stops your megacity. So you are gonna need to pay a premium to buy it. It’s a land game.

[vivid cipher]

The land is not directly related to the main game overworld. It’s a separate landscape system. They are extremely large plots. Plenty of room to build all you could want.

[proper canopy]

I'm confused? What we were talking about before is a mega city. Not sure where this went

[vivid cipher]

So you think it takes more plots?

You asked what size it was…

Mega cities is not even officially approved yet. It was a one line idea in the game development document.

It might not even happen.

I mentioned 4-9 because that is what the founders have mentioned when they talk about the idea

But game balancing is another matter.

[proper canopy]

I have no way of knowing but I would have guessed so. From some of Kieran's interviews he makes it sound like the profits to be made from mega city's is going to be fairly high and from the sounds of the prices land will go for it wouldn't make sense to me that 4-9 plots is all you would need.

There has to be other requirements for it I would think.

And I highly doubt that it doesn't make it into the game. If they are selling it in interviews as much as they are that's a big price pump and would be savage to not fulfill that part of the game from an investor stand point. You wouldn't make this big of a deal of a part of the game where people are going to be investing a ton of money if you weren't going to do it.

[proper canopy]

Yeah no way to know until we actually get the info. But let's say T1 land goes for 3 K each and you get 4 of those together. You now have a mega city? I dont think that's how it will work

[vivid cipher]

Maybe just a suburb…

[proper canopy]

Haha exactly.

Wonder how far out we are from getting those requirements. It's pretty important for the land sale imo

[vivid cipher]

Mega cities won’t be part of the game at launch is my assumption. Johnny has said that a few times. So there may not be an actual description of how that mechanic would work.

Since it hasn’t been developed

[proper canopy]

Rough

[vivid cipher]

Yeah.

[proper canopy]

We have a hard life us Illuvites 😂

[vivid cipher]

Just don’t get scammed

My empathy is pinging heavily tonight.

[proper canopy]

Scammed by what

[mighty hinge]

So what are illuvitars? Are they our characters. And do we have to buy them

Like avatar ?

[proper canopy]

Yes they are the person you will play in game. You don't have to buy them you will be given a free one to play but I'm sure owning one has some sort of benefit

[mighty hinge]

Sweet Ty 😋

I can't wait. I want next week to hurry up so I can know what I need

[proper canopy]

I'm surprised we don't have an Illuvatar channel yet.

[mighty hinge]

True that

[round jay]

Can everyone sound off what tier land they are looking yo buy

Tier 3

[queen copper]

No idea until the starting prices are known. I’d love a tier 4 but that’s most likely not happening

[reef echo]

I will be looking at T3 but prolly end up with a T2

[proper canopy]

https://strawpoll.com/4wroy5e23

[vivid cipher]

You should price land in sILV not usd. That’s my opinion. Land valuation should mirror the token. When token goes up land should go up. When token goes down land should go down.

[proper canopy]

Can't really price it in a non stable asset though or you could have people basing the amount on any price

[vivid cipher]

Except it’s value is directly related to the potential rate of return on investment. Which is correlated to the same revenue mechanics as ILV. So the two assets being correlated in price just makes sense.

Plus sILV is specifically being kept in wallets to spend on the land sale.

They’ll likely use what they have regardless of the valuation of ILV at the time.

This same idea is partly why ETH is usually how NFTs are priced in opensea.

[proper canopy]

While all of that true there is a massive difference between the price if ILV is 800 or 2500 when the land sale starts. So for something like this it makes sense for people to estimate in a stable amount and they convert it how they would like

I have no idea how much ILV i will have for the land sale but i know what my max USD spending is

[little moon]

Pricing it in USD - may not be accurate -- cause most likely people will spend sILV worth of USD -- but if they did not have sILV they may not want to spend $5K USD

[proper canopy]

Again convert it how you would like but not basing it in a stable asset doesn't make sense.

If ILV is $1000 at land sale you are going to need 5 ILV if you are spending $5000. If ILV is at $2500 you are going to need 2 ILV.

If you are planning on spending $2500 ILV, then you will either need 2.5 ILV at $1000 or 1 at $2500.

So if we put the categories based on ILV there will be too much crossover

[little moon]

But if im planning to spend 5 sILV then im going to need 5 sILV. Plenty of people already have funds set aside for the sale and the dollar price of the lands could fluctuate based on ILV appreciation.

[proper canopy]

Well yall are welcome to make an ILV poll if you feel it's necessary.

No account needed for the strawpolls

[dire tiger]

land sale delayed to Jan 2022?

[mighty hinge]

T1

[little moon]

Where did you hear this

[dire tiger]

Here
https://www.youtube.com/watch?v=Oj53yHhoWR0

[proper canopy]

The latest interview. It's likely that unless something big changes it will be delayed

[potent dock]

There's still not a set date xD

#🎮〕illuvium-zero message Sauce btw

[round jay]

I live in Australia if I see Aaron I'll ask him what's the deal lemon peel

[proper canopy]

Don't think you will see home too busy informt of the screen making the game!

[round jay]

Me in Kieran don't talk, frankly Aaron and I don't neither. As for Kain and I push we never met, in fact never met any dem blokes

[mighty hinge]

47:00 onward is the land sale part

[mighty hinge]

Me too, Brisbane

[copper falcon]

https://tenor.com/view/the-big-lebowski-wheres-the-money-gif-14726175

[mighty hinge]

😅😂

[round jay]

I want land but I don't wanna spend an hour every day doing shit on Ill-0 for chump change.

[mighty hinge]

I will be

[long tendon]

Then youd be better off flippin' them. I mean I dont expect a 20k USD land can generate the same amount in fuel sales in such a short period of time. While its land value price can easily double after the sale and be x5 or x10 in months time due to supply and demand.

Im just trying to manage expectation here. Remember Travel cost is supposed to be around 10 usd which translates to 10 usd of fuel. If all 20,000 land owners can generate 10 usd in an hour then wed have an oversupply. Just some rough economic talk.

[proper canopy]

Only if 20 000 people are playing.

[dire tiger]

i hope Karen won't buy all the lands in T1 and T2 as he said "I will buy 500 lands" in the interview... .JK XD

[true bluff]

That’s what most whales 🐳 are aiming to do I think

[proper canopy]

There can only be a maximum of 20 000 land owners and I would guess out of the approx. 500 K+ people. That we are probably going to have a few hundred thousand I'm sure it will be fine

[mighty hinge]

I dunno if that many will actually dedicate and buy land

Think some will bitch out or be to lazy to farm their land/lands

[proper canopy]

Not saying they will some will be doubled up I'm just saying that's the maximum

[echo swift]

I believe it's 20k plots in the first sale, but will be 100k plots in total

[proper canopy]

Yea I know I'm referring to this land sale only

[echo swift]

ahhh, fair enough. Just in case someone reads it and gets the wrong idea

[proper canopy]

By the time we sell all 100 K plots I'm sure there will be tons of people playing as well

[mighty hinge]

Definitely

[iron adder]

It will take years before all those 100K plots will be released, they know what they're doing, they will make sure that those nft lands will have Axie land valuations.

[sullen lance]

how do you guys feel about a clash of clans type tower defence game being build into the land later on? i know the ideas been tossed around a bit but i think it would be sick battleing it out for real value

[hidden swallow]

On the General chat room, the feedback is they are waiting for the V2 staking protocols before land sale.

[proper canopy]

Ah k I'm just going off of what the video said which was they were waiting on the audit for the land sale to make sure that everything is perfect before launching it

[hidden swallow]

That too 😊

[thin wolf]

So landsale in January?

[proper canopy]

Not confirmed but that's the new tentative date

[ivory bough]

It'll probably happen after V2

[thin wolf]

Cool cool cool

[ivory bough]

We need V2 there for RevDis and it's being audited

[thin wolf]

Anyone want some Silv?

[ivory bough]

So date is not out. Logically it should be audited, proposed to the community, approved by the council, implemented....all will def take time

[proper canopy]

Just means more time to collect your ILV, s, or ETH

[thin wolf]

Just kidding, just means I can hopefully get a higher tier:-)

[true bluff]

What exactly is V2?

[ivory bough]

True investors look at it as good news for sure 😄

[ivory bough]

It's staking Version 2

[lethal trail]

Time is in our side

[thin wolf]

Definitely no rush, so much stuff happening in December and January feels like a good start

[true bluff]

That’s the one without gas fees right?

[lethal trail]

I hope vitalik fix his blockchain by then

[ivory bough]

Sure. We have a community that understands and supports. One of the best.

[ivory bough]

Not without. It's less gas fees

[thin wolf]

Now I just need to figure out how to get into the closed beta🤔

Kieran likes money, right? I will start there and work my way down.

[ivory bough]

Lol....bribery? 😄

[echo swift]

Find Aaron's picture in one of the foreign language chat's and vote haha

[thin wolf]

No..a gift

[ivory bough]

Ah that would make it legitimate 😄

[thin wolf]

That's my thinking as well:-)

[gray tinsel]

hi guys quick question.. once we buy the land in Jan, how much more do you think it will cost to invest in buildings and mining stuff for it?

[granite silo]

t1 land till t4 land is basically the same.
a T4 just has more ressources on it

[versed skiff]

hi guys, i understand when developers receive ETH from landsales, they will be selling it into ILV for revdiv, what do they do when they receive SILV from landsale. Is it burned?

[iron adder]

The sILV is burned, and that's it, no revenue. I won't be surprised if they also changed their mind and not use sILV for land and only allow ETH.

[versed skiff]

ah ok. so the total supply of ilv will in theory keep dropping from 10mil as silv gets burned right? There's no inflation to ILV?

[ivory bough]

Not burned. When you claim, ILV will be taken out of circulation. Doesn't matter if you use that sILV or not. Is is burned upon use

[versed skiff]

@ivory boughgot it. so if i claim SILV the ILV will be burned regardless of what i do with the SILV. Is there any inflation to ILV?

[still bloom]

Why use ETH instead of ILV?

[patent gale]

when will this game be available to play

[ivory bough]

it's not a burn yet it is close in definition. Burning means deflation. ILV is not deflationary. sILV is still an ILV coded to be used in game. So by claiming sILV you are still claiming a utilized ILV which decreases the total supply of it.

[ivory bough]

You can not use ILV at all

[ivory bough]

Probably late Q1 2022 (but will be playable after land sale but not on block chain )

[patent gale]

I see

[versed skiff]

ah ok got it

[still bloom]

We exchange ILV into sILV and then use it in game.
Then those sILV get burned and the same amount of ILV is used to pay stakeholders.

[copper falcon]

sILV is burned. ETH is changed to ILV

[still bloom]

That mean illuvium should have unlimited ETH? Where would they get those ETH?

[copper falcon]

players can pay with ETH or sILV

[iron adder]

From unlimited degens who play degen P2E games.

[copper falcon]

no, as I get it sILV is just burned. it is not changed to ILV

but when sILV is burned, it lessens the max supply of ILV

[bold hollow]

Sorry if i missed something, so if 100% of people use SILV to buy land does that mean there will be no RevDis?

[copper falcon]

yep

[gray tinsel]

hi guys quick question.. once we buy the land in Jan, how much more do you think it will cost to invest in buildings and mining stuff for it?

[bold hollow]

I haven’t heard anything about in-game expenses in their interviews , so I assumed there are none because you pay for land. Could be wrong

[clear badge]

all I want is how I can play right off the bat after purchasing land. Too many land sales in crypto but land owners cant even use them - only for flipping and speculation

Take as long as you want as long as quality is there, I'd happily wait

[mighty hinge]

Straight away playable on illuvium zero

We can use our land straight away on the mobile version

😋

[iron adder]

Until it gets delayed 🤣 🤣 🤣

[mighty hinge]

Lol

[stable garnet]

you can spend to speed up building time i think

[green shard]

RevDis what does that mean

[wary hornet]

Revenue Distribution - meaning that ILV holders will receive part of the profit based on the number of ILV tokens they hold and stake

[ivory bough]

!revdis

[dry forge]

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.

[mighty hinge]

Very cool

[bold hollow]

And since it’s half price to buy land with sILV i can’t imagine there would be much RevDis?

[wary hornet]

To my understanding, RevDis will not launch till 2023, or so (I could be wrong)

[mighty hinge]

By then I will have sat on my tier 1 plot and be laughing

[bold hollow]

RevDis will launch when V2 staking it out

[wary hornet]

Until tehn, staking rewards go from normal pool minted

[bold hollow]

RevDis early next year is my understanding

[ivory bough]

RevDis will start by land sale

[wary hornet]

If so, I'm glad :) But you need to have some revenue to actually be distributed. And the game is not launched yet

[wary hornet]

Great, thanks for the info

[bold hollow]

Am I right to assume that because most people seem to be buying land with sILV there will not be that much RevDis for the land sale?

[echo swift]

Yep, only ETH will count towards revdis. I would say 40-50% less than if only ETH was used

[lusty crag]

???

[bold hollow]

I would expect the tier 4 and 5 plots may struggle to pay the full amount in sILV due to liquidity?

[ivory bough]

It might be lower, but bigger buys might still happen with ETH.

[urban dome]

Hey guys. Any updates on when the land sale might be happening?

[ivory bough]

Try V3

[bold hollow]

I’m happy with burnt ILV tokens also 😂

[echo swift]

If the T5 do go for 1mil+. Expect that to be in ETH

[urban dome]

I thought land sale was end of this month, but someone said maybe not till Jan. Is that the case?

[ivory bough]

That sILV pool has already reduced the ILV supply

[ivory bough]

It will happen after V2 (date unknown) might be next month

[echo swift]

Kieran has mentioned in the lastest Podcast/interview it will be delayed until V2 staking is up after it's audit

[bold hollow]

Yes and the land sale has incentivised people to cash in more SILV and I imagine the land sale is keeping the price of SILV where is currently is. Unsure what will happen to the price afterwards

[urban dome]

Alright thanks guys. And i'm sorry, I'm not new here or anything. I've been staking for 3 months or so, but what is V2 again?

[ivory bough]

Sure, sILV minting is happening while APY is high along with reward distribution. It'll go down eventually as it drops. Unless the option of claiming sILV as RevDis is approved by council lol

[ivory bough]

Staking version 2 that minimizes gas consumption

[urban dome]

Ah nice. Ok thanks Arash 👌

[mighty hinge]

Hey @ivory bough

[lusty crag]

It’s v3

[ivory bough]

They might have changed the parameters. I'll take a look when I get off the street haha 😄

[viscid solar]

V2 cuts gas in half, V3 later 2022 almost eliminates gas

[mighty hinge]

Well that's good

[wooden umbra]

Delay is longer then I would of liked, does leave a bit of unknown in regards to the crypto market in general. But it is what it is, I purchased some more SILV at $410.. IM IN TO DEEP!!!

Whales will probably take over a bit more now though with more time to claim SILV..

[slow cedar]

Delay to IZ?

[wooden umbra]

Yes, Dec 15th - Jan 2022...

[slow cedar]

Urgh brutal. When was that announced? Part of my worry is they roll back the game too far and it ties up with tokens unlocking from seed investors, and then anything can happen

[wooden umbra]

Hasn't been "officially" announced apart from a Youtube interview with Kieren. https://www.youtube.com/watch?v=TboZfw_qCUw&ab_channel=TapsTrades

[slow cedar]

Ahhh, that's why I missed it. Amazing, thank you (well, bad news, but thank you none the less)

[wooden umbra]

No worries, hopefully the announce it officially soon I feel like a lot of people still have no idea lol.

[slow cedar]

Yeah I agree. Keeping the community informed is key

[little wagon]

damn, that's some shitty news. That explains the mayor selling of sILV last night and the liquidity provider withdrawling a big bag.

[vocal pasture]

Since land sale is "delayed", any predictions if there will be a still a beta then wiping of the buildings, or maybe all the buidlings after land sale become ready for the game?

[lusty crag]

We have another delay of the 1st land sale … for real?

[gusty fractal]

yep, early january

[little wagon]

Yeah, untill early next year.

[valid saffron]

What is the illuviumtars ?

[gusty fractal]

but bf2042 coming out tomorow guys ;)

[vital merlin]

Didn't we get the revdis from deathroad already ? Why are people saying it starts with illuvium zero? OR is that revdis still pending ?

[wise flume]

Its pending, they are waiting until layer 2 is implemented before handing out deathroad revdis

[chilly hemlock]

Also I think it will come out as a really low amount per token

[ivory bough]

Not layer 2. V2

[wise flume]

Are they going to release an official announcement about this? Seems pretty important to just randomly mention in an interview

[ivory bough]

There has never been a date to delay. So land logically should happen after the implementation of V2

[lethal trail]

Can we taste some leaks in the meantime like the tech tree?

[slow cedar]

Johnny! Leak us! - urgh, he's not even online. RiP that dream

[twilit bough]

Is there an official announcement that says land is after v2? I don't think there is either.

[lusty crag]

Oh cmon … for which reason?

[ivory bough]

Logically RevDis is gonna be paid out with V2 and land brings the first major one. So in order for that to happen, V2 needs to be out first. I gave a bit of explanation here #💬〕general message

[ivory bough]

I just mentioned it 🙂👆

[wise flume]

#🎮〕illuvium-zero message

Is this not a time period stated by one of the devs in the official public discord?

[ivory bough]

The approval got delayed due to many changes that DAO wanted and that's why audition of V2 has taken time.

[twilit bough]

So there was a date and it got delayed. Many are saying there was never a date now. All good to delay, I think most are annoyed to learn it in a YT and to be told there was never a date

[ivory bough]

Please read below:

[dry forge]

There is no set date for the first land sale. The land sale will be announced in📣│announcements when the date has been confirmed. Illuvium: Zero is a mobile mini-game that will interact with the main game. Illuvium: Zero will be a base building game which will be staged on a piece of land. Paid land will produce Fuel ERC20 tokens and Blueprints which can interact with the main game. There will be 100k plots of paid land in total, and the first land sale will offer 20k of these plots for sale in a dutch auction format. All in-game development on land will be wiped when Illuvium launches. For more information, visit #illuvium-zero .

[ivory bough]

Johnny gave an approximate date that it should be ready

[twilit bough]

I read that. But Johnny is CTO and Kieran CEO. What they say works as official information as much as a discord bot or more

[twilit bough]

Gave a range, yes

[ivory bough]

Yeah the range got changed because gas was crippling ppl. So they decided to make V2 first then go for land to make it easier for all investors.

[gleaming wyvern]

So V2 minimises gas fees? Where can I find more official information on V2?

[ivory bough]

It will be released soon 🙂

[lofty cape]

Hopefully unless it's delayed

[thin wolf]

Do you know the date?if so we should meet for beers, on me of course.

[lofty cape]

no date as of yet just late Nov

[ivory bough]

Haha. 😄 no date for now.

[oblique basin]

i read that they have projects for those who will have a couple of lands connecte, so it may be better to buy a couple of t1 connected rather than 1 or 2 t2

[lofty cape]

They said it will never really connect them all to make bigger cities

[gleaming wyvern]

would they limit certain connected land structures to high tiers only? Cause building a mega city on multiple tier 4s compared to tier 1s must be different right

[wise flume]

I understand that it was changed, I understand why it was changed as well. I just feel that dates, approximate or specific, should not be given by devs if they aren't aiming for those dates. And if they do have a goal, but it changes (such as what has happened here), then the community should be informed through the same channels that the initial time period was announced (in this case via a discord message from Kieran or Johnny).

I'm upset mostly that the date was flaunted constantly, but suddenly when it changes, instead of being informed through the discord, we are told that "there was actually never an initial date".

[oblique basin]

dont think so, they would have mentioned it in the document but i think something like that would be voted, and they will probably vote no since there is a lot of lands t1 and all their owner will vote no

[oblique basin]

where can i learn more about the vote system, is there a document too

[gleaming wyvern]

In the white paper, DAO Governance section, they mentioned Quadratic voting: https://docs.illuvium.io/whitepaper/dao/

[lusty crag]

Could you link me this message again?

[ivory bough]

We are all part of the community and we have all made plans. I understand your frustration about said dates. We are in a very sensitive moment and I'm sure the things that will happen in the future will be worth every change that we have experienced. Whatever is said during chats are just unofficial and rough estimations. Soon all dates will be made clear one after another. Believe me, us mods are pushing devs harder than the community for dates. The times we have asked wen wen wen wen surpasses all the community combined. We just ask for patience and continue to support as this AAA game is something that wants to be around for a very very ling time and it will only get better. To have something fully functional is way better than having it rushed out with lots of bugs.

[ivory bough]

this one? #🎮〕illuvium-zero message

[fallen nymph]

Understandable to feel a bit disappointed. We're all eager for this to be released.
Who was constantly flaunting a date? I never saw any of that from a dev or a mod.

[oblique basin]

i stumbled upon this document that estimate price of lands is that still up to date : https://docs.google.com/spreadsheets/d/1mjxD-MjO4eSG8IKTRewCzWbv6cYt1BVwFV276HyJPHA/edit#gid=855788814

[fallen nymph]

That's guesswork by a member of the community.
I just noticed the comment: "The more I look at this the more unrealistic this spreadsheet looks."
I think we're going to see something in a week or two that gives us a lot of official info. It's fun to speculate, but I'm waiting for that.

[gleaming wyvern]

Do we have any official information on how the main game's launch will be done? In terms of advertising I mean, will the team use mainstream gaming media like IGN etc, or is it more gonna be broadcasted to crypto communities?

[long tendon]

No official information announced. But they hired new marketing people so for sure they got something planned

[shrewd dagger]

ok guys a little delay is not what we want but as long as things are ironed out and in good working order then the results will be better. i am confident the team will be successful at what they are trying to do.

[wise flume]

#🎮〕illuvium-zero message

This is from Johnny who is the lead on Illuvium Zero. If you search or scroll through the discord, in many channels, people have been asking frequently "when is the land sale" and everyone responding that it is in October/November, as per Johnnys original information.

Arash himself was saying himself not 24 hours ago that the land sale is November (despite claiming today that no date was given)
#💰〕token message

[rain tree]

So land sale has been delayed? Until when?

[mighty hinge]

15th December till January early

[floral locust]

V2 will reduce land sale gas?

[ivory bough]

Not land. V2 aims to reduce YF gas consumption and will distribute RevDis. Land will be one tx

[mighty hinge]

YF gas ?

[floral locust]

Ahh ok, so the only way to skirt eth fees is when assets are on IMX?

[ivory bough]

Yield Farming Gas Consumption

[mighty hinge]

Tx

[ivory bough]

IMX is totally a different story 🙂

[mighty hinge]

So much to learn

[ivory bough]

ask and we shall answer. (whenever we can ofc haha 😄)

[mighty hinge]

I come.in here frequently and read everything I can

I also watch a hell of a lot of YouTube videos on illuvium

[mighty hinge]

Will do, ty

I am.kind of glad its delayed because I have a small budget atm and it gives me time to accumulate more silv as I am buying eth and swapping directly to it

I just want my single simple tier 1 plot 😪

It ain't easy, but it's honest work! 😂😎🙂

@ivory bough are you from Australia . I'm.from Brisbane

[empty path]

Arash needs a #Dating

[mighty hinge]

Coin gecko!

[ivory bough]

lol 😄

[ivory bough]

I wish I were m8 🙂

[mighty hinge]

Lol 🙂

[safe crater]

Man... i thought we would get landsale this month. Thats why i bought sILV

[ivory bough]

opportunities to buy more 🙂

[empty path]

Yeah most people loaded up cause everybody said landsale in November

[safe crater]

Theoretically. But i invested all my money so i can get a lot of land haha

[ivory bough]

you should still be able to. That's why a plan is needed. Delays are parts of all projects.

[safe crater]

Thats true

but 20 days before the sale telling people that its 2 months later, is also a little suboptimal. I get it, but i still dislike it...

Also, since the landsale got postboned, people are kinda stuck a little with sILV because it dumped so hard. Kinda locks the money in place. And 2 months is a long time in crypto to have funds locked xD

[ivory bough]

Totally understand your frustration. Well, again that's why you should never go all in and foresee events like this. There will be an official announcement for lands ofc. The reason you haven't heard an official delay is because there hasn't been an official land announced before. But all will be made clear and since V2 is out for audit, you will read about it pretty soon and realize why it happened in the first place 🙂

[fierce pollen]

Hi guys, Can someone clarify if Illuvium zero will be launched the same time as the landsale, or launched the same time as the main game?

[safe crater]

Thanks for taking the time to anser Arash

[ivory bough]

IZ will be playable after land sale, but as a normal game. It will move on Blockchain later with the release of the main game. All will be wiped except blueprints you have collected

[ivory bough]

Ah no worries. I'm always here for you 🙂

[safe crater]

Appreciate it bud. I would be less frustrated if i werent so hyped for the game haha xd

[ivory bough]

haha keep the hype. It will multiply for sure. Trust me 🙂

[rain tree]

I don't mind the delay for land sale, that much. Biggest downside though is all of these mainstream YT guys have 2 months to learn about Illuvium and swoop in with some money bags and buy all the higher tier lands and potentially price me out of them.

[safe crater]

I do trust you <3 and i believe you too

[fierce pollen]

Thanks Arash. So any fuel etc that ive harvested within IZ will be saved to my inventory, even after the wipe to get ready for the main game?

[safe crater]

hopefully sILV and ilv just make a big rise, so our bags grow and theirs doesnt

[ivory bough]

Ah no. afaik you get to keep Blueprints not fuel or material or elements. all need to be wiped to move on blockchain. All will be NFTs and need to move there.

[wheat hatch]

Wowa... this is huge and different than i expected. I thought it would be a clean wipe. Even having blueprints seems like a huge advantage (and kinda against the story line)

[ivory bough]

haha. Blueprints will be kept unless that also has changed that I don't know of 😄

[fierce pollen]

Sweet thanks man

[oblique basin]

after the land sale the majority of sILv will be burned, will that make the price of sILV spike in the market?

[wheat hatch]

Is it considered a delay if there was no official announced date 🤔

[rain tree]

There was no 'official' date posted, but every dev and even Johnny/Aaron and others said multiple times that land sale was going to happen 'x weeks' from when they first talked about it which would put it in the month of November. Its honestly not a terrible thing, but I can see where the confusion lies for some people.

[fallen nymph]

Again, that's pretty far from "constantly flaunting a date".
He wrote "slated", which means it's intended. Not promised. Not flaunted.
Unless I missed one, Arash always writes something like, "There's no official date yet."
Again, not flaunting by any stretch of the imagination.
Anyway, I'm eager for the land sale and the game. I'm not in a hurry to get a buggy, insecure, unfinished game, though.

[still crag]

Im in the same boat, just cross my fingers so ilv doesn't drop in value while we are waiting

[ivory bough]

yep no one needs one laggy and unfinished game full of bugs. It's even been said in the land command that "there is no definite date" 🙂

[safe crater]

Cyberpunk all the way haha xD yeah sometimes its sad. Some people are always unhappy

[ivory bough]

we'll make it perfect together all the way to the top. It's no joke. The world is here. Nothing out there.

[glad laurel]

A tentative date WAS stated and it has been repeated ad nauseum here. It's a bad look to wait until the projected timeframe is essentially PAST to give any update. Just officially saying last month "It's not going to be when we originally hoped. Hold tight for more info." would have been handling it 1000% better.

[still crag]

I agree with that

I only remember Aaron saying first stake V2 then landsale, but not implying a delay

Anyway, only can wait

[ivory bough]

Yes V2 needs to be out for gas efficiency and importantly for RevDis. Wouldn't make sense to have land sale and not being able to get the RevDis with it.

[still crag]

We thought were smart for buying sILV with ILV growing in value preparing to get profits out of speculation and it hasnt go as expected, its not teams fault, its our greed fault

[ivory bough]

well, there is still time to be greedy and buy more 😄

[still crag]

Cant, made all in

[gleaming wyvern]

Wouldn't call it greed, it was a strategic move that anyone would have made, it backfired a little but we still have the discount right

[proper canopy]

I think there are 2 things to think about here:

1. Buying sILV is risky as it had no use until a sale was available. Which means buying it put you at risk of holding onto something that you can't get rid of. There is a reason why I haven't bought any yet and it because I didn't want to have an asset with no use until the official date was set and information was given.

2. The news was shared in a less then optimal way especially considering that it's been said many times how much buying sILV will help your buying power. Although the team never explicit tells you to buy sILV it's implied that they think it's a good idea.

So yes it sucks that that the team shared all this info in a less then optimal way. But this is part of the risks you take by trying to get into soemthing before official announcements are made.

[still crag]

But I agree with people saying that the delay could have been told in other way or earlier

[still crag]

Yes, as I said crossing fingers that nothing else bad happens that drops the price, im fine with my sILV locked for the time until the landsale, but won’t like if I aslo loose buying power

Anyway crypto is risky and we know that, its our decission fault anyway

[gleaming wyvern]

Same, I anxiously await the pricing proposal haha

[kind wave]

What news? Did I miss something?

[proper canopy]

The land sale is being delayed from the unofficial date.

[kind wave]

Oh OK. That sucks. Where do I find that announcement?

[proper canopy]

No official announcement for it yet it was in the latest video interview

[gleaming wyvern]

Do you guys have a region in mind that you want to aim for?

[timid folio]

My buddy just sent me the coolest text:

"Dude, I'm a real estate agent saving up to buy an investment property in the metaverse 🤯"

[lilac parrot]

Do we have a date for landsale?

[proper canopy]

A region near a whale you will want to buy my plot for an excessive amount of money haha

[proper canopy]

No.

[lilac parrot]

U sure

[proper canopy]

💯 sure

[still crag]

We had an unofficial stimation, which has unofficially get delayed

[untold herald]

Why is silv dropping so Hard? Did I miss something? Just because the sale Was delayed or cant we buy the Land with silv?

[glad laurel]

Because of the delay. No change to being able to use sILV.

[queen copper]

Also people with a ton of sILV don’t want to be stuck with it

[untold herald]

That's crazy. Now I get the Land with 70% discount 😁

[still bloom]

Where do you buy silv

[austere steppe]

Btw in Grant interview he said that they will be ready for the auction at 15th december but they will probably wait early Q1 2022 because it will be a better time and also that they want to make sure everything will be as plans and secure

[trail kayak]

imagine how much silv will be worth next year. 70% is a very low estimation in that context

[proper canopy]

Is there liquidity back in the pool now?

Where can i see the sILV chart?

[gleaming wyvern]

https://info.uniswap.org/home#/tokens/0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2

[proper canopy]

Thank you!

[slim otter]

There's so much salt in here. We need an official announcement, but goddamn the level of salt is impressive.

The team told us we'd get at least a weeks notice prior to the sale going live. And then there were estimates for November. It's only Nov 11th. I hope we get an official announcement soon, but we haven't had any official announcements regarding land. Maybe it's just because I've been of the mindset of "it'll happen when it happens". But it's also only tentatively pushed back a few weeks with this unofficial announcement from an unofficial estimated date.

[glad laurel]

The timeline presented at the time of the proposal and the only thing resembling an official timeline said ~10 weeks from passing the proposal. We passed that point two weeks ago. So the November estimates were already us pushing back from the official projection. I'm not salty, but acting like this isn't poor communication is a bit silly.

[slim otter]

Like I said, we do need an official announcement. No argument there. Updates are necessary.

But for me, if it's not in announcements, it's estimates and subject to change. The team chat directly with us and honestly, I think that's a pretty cool thing to have.

If I was in their shoes, I wouldn't want to have to filter every little thing I say on here thinking it could be thrown back at me at any point. That's essentially what people are asking. That whatever they say off hand chatting here must be treated as official. Just my thoughts on putting myself in their shoes.

[stray patio]

They've been working extremely hard and have made unreal progress in a small amount of time. I'm sure they could use a breather. I'm happy to wait patiently. It'll be worth it. Hell, I've been waiting for the Scorn game for frickin' years. I can wait a few more weeks for info on this one. 😉

[glad laurel]

Just to be clear... the ~10 week timeline wasn't an off hand comment in Discord or an interview, it was estimated as part of the official proposal. I think officially proposed timelines deserve more transparency if they've changed - not AFTER they've already missed the target. Once again, this doesn't impact me and I'm not really salty about it - I just think the project needs to get much tighter in its messaging as we get closer to big milestones. The loose timelines and letting the leaks speak for themselves have worked so far, but once you get a bigger audience the stakes for these things rises significantly.

[slim otter]

I'll have to go back and review the proposal again, thanks for pointing that out.

I agree that if it was an official timeline, there should be an official announcement prior to the target date.

[glad laurel]

They obviously had language in there saying it was subject to change, but yeah there was a timeline presented in the proposal.

[vocal pasture]

Ya, I believe this delay will help us get more sILV. Its natural for people to sell now, but those same people will buy back later on. So the most increase in sILV price will be jan2022, and not nov2021. Still bullish, maybe I get some more sILV 😛

[slim otter]

Yeah I just read through it. It did say if there were no hurdles. Again, I will say again we are overdue an official announcement of some sort but I think many people here are overreacting.

Not posting this for the sake of argument, just to show others here what was in the original IIP.

I also don't have the date which the IIP was approved and when development began. I'm sure I could dig it up, but it's kind of a moot point anyway.

[vocal pasture]

and honestly I think it is quite responsible to postpone the auction in order to secure the investment of millions of dollars, and even give more details and info for the potential investors in order for them to know exactly what they are bidding on

[glad laurel]

I was going by #📯〕council-chambers message

[slim otter]

Seems like as good a reference point as any.

[fallen nymph]

"approximate timelines that assume no major hurdles" pretty much says it all.
I get why people are eager for the land and all. My only point is that we should cut the team some slack. They've been wide open and transparent the whole way.
Could communication be better? Sure. Pretty much always with every project, isn't it?

[glad laurel]

But this is better than every other project, so I expect more. 😉

[slim otter]

Agreed. We've been pretty spoiled with what they've just been offering to us to date.

And I think the point about communication being better is true for almost every business on the planet. I don't think I've worked at one job where people didn't think that there could be better communication. It's just something that always needs improving.

[fallen nymph]

I hear you. 100%
That's what you get when you set a high standard! lol 😉

[fading fulcrum]

Personally I have absolutely no problem with delays, but I believe strongly that token unlocks for the core supports should be delayed by the same amount of time

[slim otter]

Lol that is a great response 🤣

[slim otter]

I disagree with this in regards to a land sale as it is still not playable content. I might be more inclined to agree if we were referring to launch.

[fading fulcrum]

You know launch will be delayed as well

[slim otter]

Lol we don't even have an official launch date, just Q1 2022. It'll probably be at the end of Q1 I'm sure but no point in making those kind of assumptions already.

[fallen nymph]

ETH 2.0... now, that's a delay.
This... a couple months... that's nothing. 😉

[quick elm]

Man some people in hear moan like they think the team is trying to pull the wool over their eye's and lie to them. The team want this game to be successful even more than you do! Chill

[fading fulcrum]

I don't care about the actual timeline of the land sale and launch, just care about when that happens in relation to the token unlocks, because its always been sold as launch first then unlock comes after. But we are drifting to a point where the unlocks might be happening first which is kind of misleading.

[proper canopy]

I don't think people are overreacting. They were basing their sILV purchase on the price they thought ILV would be at the end of November.

I am sure a lot of those people could be thinking in the back of their mind that the price of ILV could dip after a huge Q4 run which would bring their buying power down significantly.

Again it's on them for taking the risk however it still stings especially if the price of ILV does drop. So I completely understand why they feel the way they do.

[slim otter]

You are familiar with the realm of crypto? Things change and people were SPECULATING and making purchases to try get more bang for their buck from SPECULATION. The sILV pool isn't even an official pool, it's an unofficial one.

I'm not going to re-hash all the same points over and over again. People can be mad but people need to take responsibility for their choices too.

I've said enough about this. Have a nice day ✌️

[fallen nymph]

Same. It's easy to understand feeling the sting of speculation that doesn't work out the way we'd like it to.
I bought a bunch of sILV. And then I sold a bunch of sILV and staked it to SLP while we wait.
This is crypto man. Paying attention and owning your shit is the only way.
Nobody twisted anybody's arm and the blame game is just weak.

[proper canopy]

I said it was on them for taking the risk....

But throwing it in their face by saying they are overreacting just makes the problem worse. Just don't think it's needed.

[still crag]

If this were true we would probably know soon far before expected game release. They wont give a 3 month delay few weeks before end of Q1 2023 because now they would know that they havent enough time to develop everything

[fading fulcrum]

I'll say again, I would have no issue with that, and would much rather have a quality game be realesed than some buggy mess. But I also believe if the game is delayed by X amount of time, the core contributors token unlocks should also be delayed by the same amount of time, only seems fair in my opinion.

[south belfry]

well we never found out bout the land delay till a leak in a video

[still crag]

Although it hurts its true, so nothing else. Just sit up, relax and let everything flow

[fallen nymph]

You want boring and predictable? Buy government bonds. ;p

[gleaming wyvern]

We are all here cause we believe and want this game and community to succeed. So why can't we all be more sympathetic rather than confrontational? Everybody has made valid points.

[still crag]

Because never was an official release date although we had an "expected" but not confirmed date. And Im personally affected by this because I bought 17 silv at 540$ but I understand its my own mistake for taking this dates as facts and speculate with them

[south belfry]

well when it was constantly hammered end of oct/ early nov not really your fault

[fading fulcrum]

aggressive target dates are fine to have internally, but to make those dates public and then miss looks bad

[glad laurel]

I think the important thing to realize is that "my financial decisions are my responsibility and mine alone" and "communication needs to be improved" are not mutually exclusive positions to hold.

[slim otter]

Thank you. That's all I was trying to say.

An announcement would be appreciated but people need to stop being outraged. No guarantees come with investment or speculative investment to try and gain the best bang for buck.

[fallen nymph]

Yeah, and even expressing a little compassion for the people that took a hit. Fair enough. We've all been there.

[still crag]

I agree that they could have throw some hints like, "ok its taking longer than expected and this could affect landsale date", but nothing more

[slim otter]

And just based on what we know, I wouldn't be surprised if they saw the possibility of a delay but were trying to still beat the deadline and not have a delay. But maybe they've realised a delay is now inevitable.

We don't have enough information to really know though.

[fallen nymph]

Speculating ... seems to be a pattern forming here

[slim otter]

I think we can't help ourselves 😅 😂

[gleaming wyvern]

Also, no official announcement for delay either, so maybe...not delayed yet? 😛

[south belfry]

it was leaked in interview thats why everyones upset

[fallen nymph]

I'm not upset.

[still bloom]

I just hope the main game will not be delayed.
Many token will be unlocked starting march 2022. If the main game does not come out at that time, there are high chances that ILV price would drop significantly

[south belfry]

its gonna drop significantly regardless VCs are gonna take their profits

[slim otter]

Also not upset 👋

[fallen nymph]

👋

[slim otter]

Might be a good time to add to my bag if that happens too 😉

[ivory bough]

I agree that at this time not having announcement might sound like something is off or could have been better, but the ones who have been here during the last governance discussion know that there were A LOT of ideas going on around that many were for/against many parts of it. The team has read all and has tried to implement as many ideas as they could to make things workable for all sides to keep everyone happy, and mostly to help smaller investors feel happy about their investments. This is the part that has taken so long cuz it has to be integrated very carefully cuz it reflects our investment. Land is a bonus we are all planning to go for, not the prominent reason we are in ILV, is it not? So, having said all that, since this is the first major public sale that starts handing out a major RevDis, it needs to be done with the utmost precision cuz having a land without V2 is nothing. Maybe land is even ready, but without V2, putting it on sale won't make any sense. I believe the team has been doing their best to keep to the unofficial announcements, and therefore where planing to make it happen as fast, but at some point realism kicks in and you realize pushing something might not be the wisest thing to do. Again, I understand why people are showing frustration, but ILV has come so far and all have seen what potential it has, so I suggest we all exercise patience and keep on supporting the team cuz I don't believe anyone of us has worked as hard as they do to make something this big from scratch. Sorry it was long lol 🙂 (I'm def adding up haha)

[harsh verge]

Can someone explain to me in private how to enter the play to earn game when it launches?

[lofty cape]

Going to be interesting to see where this end up for sure, the price of sILV went from $550 yesterday to $382 today 😩

[ivory bough]

!earn you can read it here. but if your questions are not IZ based, I suggest inquiring in #💬〕general 🙂

[dry forge]

In Illuvium there will be several options to P2E:

• sell captured Illuvials
• sell farmed materials
• sell crafted items
• play the marketplace (buy low, sell high)
• wager on battles in the Leviathan Arena
• earn some of the 1 Million ILV set aside for in-game rewards
• …

BUT, while the game will be free to play, in order to participate in the earning part of the economy, a bit of money needs to be invested. A full cycle of travelling, curing shards, etc. is currently estimated to be around $50 (this can still change).

[south belfry]

still dont think theres going to be much rev dis if any with the first sale with 77M worth of SILV in circulation

[still crag]

Pretty example of crypto World

[fallen nymph]

tl;dr (j/k)
All good. Chill the fuck out. Fantasize about Arlen.

[lofty cape]

give it 60 days there will be 150M of sILV

[ivory bough]

you can never find anyone as chill as me brother 😄

[harsh verge]

And when do I invest this money?

[ivory bough]

when the game is released 🙂

[fallen nymph]

Hahaha! Clearly. 😉

[simple juniper]

!timeline

[dry forge]

🚫 Nixatar, you can't use that.

[ivory bough]

please #👑〕bot-commands next time

[harsh verge]

Im quite the TFT beast (ranked challenger on LOL TFT) therefore this game will be my future

[south belfry]

i just think people need to realize there wont be much rev dis from the land sale with SILV able to be used

[fallen nymph]

Just spreadin' holiday cheer with every message, aren't you?

[south belfry]

no im just stating facts

[lofty cape]

At this point it is just speculation for most things in crypto till it happens

[fallen nymph]

Assumptions <> facts.

[ivory bough]

doesn't matter. This land sale will be massive exposure, you will get land which is a massive asset, you will get passive income (however small). RevDis is just 1 good side of ILV. There are tons more

[still crag]

Off topic, but can you please support me with the project I told in offtopic channel? 😆

[south belfry]

i understand this but theres people that are blindly banking on "the sale gives us rev dis"

[still crag]

Oh, forget it, link was removed, perhaps against rules

[ivory bough]

blind investments won't get anyone anywhere even in ILV

[fallen nymph]

Not anywhere.

[ivory bough]

maybe in Doge or Shib 😄

[south belfry]

thats why i said anyone hoping for revdis from the laand sale will get a rude awakening

[fallen nymph]

Damnit! I typed that but slowmode wouldn't let me hit enter. lol

[ivory bough]

I read your mind 😄 we are brothers

[fallen nymph]

Gotta go visit the dentist. I speculate that there will be pain.

[ivory bough]

Speculate? There will be pain for sure. no need for speculation haha

[mortal mural]

a lot of pain, but forced diamond hands so no worries

[vital merlin]

do we have any concrete info on this concept of mega cities Kieran mentioned on the interview ?

will there actually be some kind of feature that will make you want to own lands next to each other ? or was it just a metaphor ?

[static raptor]

@amber atlas is there a plan for what happens with fuel when someone spends silv in game?

[violet hill]

"rev dis" what stand for? 🤔

[ivory bough]

!revdis = Revenue Distribution

[dry forge]

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.

[violet hill]

Thanks

[dusty meadow]

Do we have any details on what the resources are going to be used for? I have seen a lot of information on fuels, not so much for the other 3 resources in IZ. Curious how useful is T3 's resource landmark.

[heady lagoon]

I think I got a little bit lost within the land sale discussion. Will it be postponed? Yes? No? We don’t know yet?

[glad laurel]

Yes. It's likely near the beginning of January based on Kieran's latest interview.

[heady lagoon]

Awesome. More time to get cheap sILV

[neon aspen]

Guys, when is the land sale going live? Is it this weekend?

[vocal pasture]

Is there liquidity in the sILV market? It seems "frozen"

[glad laurel]

January, probably

[gleaming wyvern]

When IZ comes out on mobile, do you log on with metamask?

[little moon]

Seen some earlier chat about all this silv being used for the land sale thus little Rev dis for stake holders. Correct me if wrong but would this also burn a shit tonne of ILV in the process as well?

[little moon]

the ILV is already 'burned' when the sILV is minted by reducing the total number of ILV that will be minted. But yes it would be good to start getting rid of the sILV now before it increases more in value.

That individual has also been fudding many aspects of the land sale for a couple days now, I personally would be surprised if there isnt a decent bit of ETH spent on land.

[lilac parrot]

Do we know what the land starting price's are or a guess?

[twilit bough]

Saying sILV will mostly be used is not fudding come on

[little moon]

They were saying that ONLY sILV would be used and that only a tiny amount of the circulating sILV at the time would be used AND that the land sale using up circulating sILV was not a beneficial outcome of the land sale. Yes obviously there will be a lot of sILV spent but that isnt necessarily a bad thing.

[oblique basin]

no there is no price announced for the land sale

[lilac parrot]

any geus

[little moon]

Do we know if these land plots will provide resources for future games in the ILV eco system?

[ivory bough]

there are some vids that can help you. You can watch this one as an example https://www.youtube.com/watch?v=n7V4wD6AUuE

[oblique basin]

i am planning to buy T1 or a T2 i am gonna spend 2500$ to buy sILV which kind of give me a discount so my money will be tripled if the prices stay the same as now

[ivory bough]

The fuel generated can be turned to ETH and that ETH can be used in game. Who knows, might be able to use the fuel directly too

[lilac parrot]

does that even work?

[little moon]

Not sure I understand your point sorry. I'm referring to fuel mined on these plots sold into other future illuvium games. Maybe production out would be increased or new resources for different games

[oblique basin]

yes you can buy sILV at now 400$, and its worth of the land come out today will be 1200$

[ivory bough]

yeah what I said was lands produce fuel. you can sell that fuel and use the ETH in the main game. You might be able to send the fuel directly too if that's possible. The same thing applies to material and elements

[lilac parrot]

how does that work?

[lilac parrot]

only tier 2 and higher does produce fuel tho

[oblique basin]

here is the website to buy sILV: https://www.dextools.io/app/ether/pair-explorer/0xa7f72a1ec0ab189998a3eec8b886e6360aff39da. its worth is tied to ILV, and ILV is worth 1200 now

[ivory bough]

Tier one uses a convertor to create fuel

[lilac parrot]

can you buy with metamask? or something like transver eth into silv

[oblique basin]

yes in the website you can link your metamask

[lilac parrot]

Where

[oblique basin]

you see there is connect in blue

[humble ether]

hasn't it be confirmed that this isn't the case anymore? I believe tier 1 will produce fuel just like the others.

[ivory bough]

yes the last doc said so afaik

[fallow igloo]

T1 have one fuel site and they can still use converters to produce more fuel if they want

[humble ether]

oh sick that's good to know. haven't heard that one

[iron adder]

Yup, T1 used to not have a fuel slot, that's why it will be the land for the people basically. Ever since they added a fuel slot, the estimates for T1s went from 500 - 1000 to $3K - $5K.

[fallen nymph]

Speaking of land prices.
I'm building a price prediction spreadsheet based on the principle of the Wisdom of the Crowd.
It's like, if 100 people guess the number of jellybeans in a jar, the average of their guesses comes out really close to perfect.
DM me your $ price guesses for T1 - T5 and I'll share a copy of the spreadsheet with you when it's finished.

[rotund epoch]

Land sale is delayed?

[ivory bough]

In a sort. Wouldn't call it a delay cuz it wasn't really announced. But since V2 is taking long to come, consequently land will have to come after that.

[sinful shore]

Been gone a few days. Is there a new estimate on the land sale?

[rotund epoch]

Whats the timeline?

[glad laurel]

Mid December earliest, likely start of January

[sinful shore]

danke

[rotund epoch]

Where was this talked about? I just woke up lol

[glad laurel]

https://www.youtube.com/watch?v=TboZfw_qCUw&t=2834s

[rotund epoch]

Thanks 🙏

[ivory bough]

timeline for V2 is that it is being audited afaik, so Aaron will very soon make it public and then council needs to approve it and after its implementation, land can go live. He mentioned some info in #814313819185741845 if you wanna read

[lilac parrot]

So if you are mining fuel you can also just use it yourself right? you don't need to sell it ? and if so how do you send it to the other side where you use it?

[glad laurel]

As far as we know there is not a way to send your fuel directly over to the main game to use yourself. Fuel is sold to the DAO in the land game and bought from the DAO in the main game. So, you can essentially fund your own play just not in a direct manner.

[lilac parrot]

uhm... oke

[ebon quartz]

Sold in exchange for what? sILV?

[glad laurel]

Eth

[ebon quartz]

Ah. So it’s possible for someone to buy land and get ETH as passive income, without ever even playing the main game?

[glad laurel]

Correct. Land is a totally separate game. Tokenomics doc here: #🎮〕illuvium-zero message

[ebon quartz]

Interesting, thanks for the link

[lofty cape]

I just hope that the buy and sell of the fuel is the same and the three types of fuel are similar... if you have 1 of the 3 fuels super expensive it's going to be harder to progress

[fickle ore]

Im pumped!!!!!!

[onyx cosmos]

https://tenor.com/view/wrestler-woo-stoked-crazy-excited-gif-4961243

[little moon]

Thats what the converters are for, to convert low value fuel into high value fuel. Probably quite a few land plots will be dedicated to converter farms doing arbitrage.

[hearty arch]

where will you buy your silv?

[fickle ore]

im glad the land sale isnt going to happen till January honestly. It gives me more time to get my sILV interest up.

[dusty meadow]

Since fuels are erc20 won't that mean you can use the same wallet for both the game or send fuel over to the wallet you are using for the main game and just use it?

[oblique ore]

They've made it sound like Fuel will just be exchanged for ETH and won't be transferrable straight from ILZ to Illuvium. Not sure if this means the token itself will never be in your wallet and you just purchase as needed in-game or what

[oblique basin]

I had 2000 $ to invest to buy a land but i thought that may only get me a T1 even if i buy sILV. I believe that the lands will be overpriced when launched since everyone want one and think it would be highly profitable. Personally i will be buying the second launch of lands because the prices may be almost identical considering how much land will be expensive the first round

[oblique basin]

I dont remember the website but you can look it up on youtube, just type something around those lines: buy silv at s discount

[twilit bough]

On uniswap unofficial pool. Be carefull though. https://youtu.be/UlbAVHHcQ3Q

[fickle ore]

I see no logical reason why the land sales would decrease in value as the next parcels are released. Every other metaverse that has land sales tends to only trend 1 way, and that way is up in price. But who knows, i hope you are right. Im trying to purchase as much land as possibble.

[twilit bough]

Hard to know but yes, this is a pre game launch when many do not know about the game yet. Post game launch, assuming the game is good , price should only increase

[ebon quartz]

If planning to get in on the land sale, is the most cost effective way to stake ILV and then claim sILV for the sale? Or better to just buy sILV straight at this point?

[fickle ore]

you have at least a month and a half before the land sale takes place. Depending on how much you are willing to stake in the ILV/ETH SLP core pool is really the deciding factor in how much sILV you will be able to accrue in that time frame. I also have a gut instinct that sILV will continue to go down in price as long as the bull run continues. People will want to have liquidity for other projects as they see coins seeing many X returns.

That is, until sILV is useable to buy land, then i suspect the price of sILV will return to its peg in ILV since that purchasing power will be equivalent to the peg at the time of the land sale.

[south belfry]

well we atleast need the pricing thats supposed to come out soon

[fickle ore]

It is a dutch auction the price will not be known truly until the auction happens.

[ebon quartz]

Gotcha, I just have a little math to do then haha

[south belfry]

they have a price point chart where it starts coming

[ebon quartz]

Where was that announced? I also thought we wouldn’t know until the day

[fallen nymph]

I hope nobody minds that I repeat this...

Speaking of land prices.
I'm building a simple price prediction spreadsheet based on the principle of the Wisdom of the Crowd.
It's like, if 100 people guess the number of jellybeans in a jar, the average of their guesses comes out really close to perfect.
DM me your $ price guesses for T1 - T5 and I'll share a copy of the spreadsheet with you when it's finished.

[fickle ore]

my guess is unless you are willing to stake at least 1 SLP token you are probably better off buying the sILV at this point. Also, depends on which tier land you want. I think Kieran hinted at T1s perhaps having a more fixed price around $1500 usd equivalent.

[south belfry]

and its alreaady been said T1 is starting well under 10k

[nocturne leaf]

Can someone explain how the Dutch Auction works?

[fallen nymph]

I have 19 guesses so far. Aiming for 50+

[fickle ore]

I recommend checking out a youtube video. It can probably explain it better than reading chat

[main crag]

I wonder if/how long before the auction we'll get access to viewing the land map

[fickle ore]

Im guessing within a short time frame. But they are going to wipe the land once Illuvium comes out. So before the game comes out the land will more or less be in practice mode.

[gleaming wyvern]

We pick from the land map or is it randomly given after purchase a specific tier?

[barren spruce]

You can see it on the illuvidex which plot is on where

[fickle ore]

I believe you will have some decision making as to the region. Im not sure if you will be able to point and click the plot or not tbh.

[distant lichen]

where can you buy land rn?

[fickle ore]

1st land sale will be jan 2022

[nocturne leaf]

Do we know the exact date or not yet?

[distant lichen]

for land zero?

[lofty cape]

nope no exact date

[iron adder]

You get to pick and choose, a gas nightmare, I imagine a lot of people will waste gas on plots that's already spoken for.

[main crag]

This is a big ask from a engineering resources standpoint, but would undoubtedly be completely awesome.

[static raptor]

"Therefore we should allow sILV to be used to purchase Fuel. Since this will be burned, it cannot be part of the Fuel Liquidity Pool. Therefore and
addition contract would be set up that allows players to directly swap sILV for Fuel based on an oracle that grabs the price of ILV (since ILV is
tied to sILV). Addtionally this contract should, at least to begin with, be able to accept ETH as a payment. This safeguard allows the DAO to
bypass the Fuel Liquidity Pool in the event of an issue or delay with Illuvium: Zero. However, once integrated ETH would be turned off as a
payment source for this contract. This event would occur once the Fuel Liquidity Pool is set up and tested to be functioning well."

Where does the fuel come from for this? ^^

[fickle ore]

When i say short time frame, my expectation is a week.

[static raptor]

is it created in addition to the land fuel, dao fuel and per player fuel? @amber atlas

[main crag]

#🎮〕illuvium-zero message

https://tenor.com/view/kirby-suck-kirby-vacuum-cute-nintendo-gif-16544038
don't mind me, just hoovering up some sILV

[little moon]

https://tenor.com/view/illuvium-ilv-illuviumio-yield-farming-yield-farm-gif-22292421

[static raptor]

@main crag where does this fuel come from?

[nocturne leaf]

Would it be better to buy multiple T1 lands, for example 5, or 1 T3 land

[main crag]

Majority of Fuel ERC20 comes from the DAO, but ~5-10% will come from players farming it in this minigame

[static raptor]

when i spend silv in game, it is used to purchase fuel, who does it purchase fuel from?

[main crag]

Depends on your time, strategy, playstyle, etc.

[nocturne leaf]

I want to keep land for a while and mine resources for passive income

[main crag]

Check out the tokenomics GDD in the pins, it will explain all that you seek.

[static raptor]

im literally quoting it and asking for clarification

[spice patio]

Super bummed about the Illuvium zero delay

[nocturne leaf]

shit im not I need to accrue more sILV

[spice patio]

I really thought 1 date we've been given would be semi correct

[nocturne leaf]

joined the bandwagon late

[oblique ore]

DAO Vault

[spice patio]

There will be multiple land sales, So delaying the firsdt one only creates more hype, more competition, more chance for bull market to slow/end

[nocturne leaf]

ahh thats true

[spice patio]

I bought up 8 sILV for the Novemeber land sale, I used eth now there's the opportunity cost... I spent al lthat ETH what if it skyrockets in the next freaking 3 months

[iron adder]

Eth will skyrocket in the coming months, that's the risk that you take on an asset like sILV.

[spice patio]

Correct, but when told the land sale will happen sometime in November...

[oblique ore]

should probably happen*

[spice patio]

Yeah should so far with ILV means guaranteed delayed

[distant lichen]

where can we find the info about the first land sale? i dont see it

[spice patio]

Not trying to be a negative nancy, but damn'

[analog inlet]

!land

[dry forge]

There is no set date for the first land sale. The land sale will be announced in📣│announcements when the date has been confirmed. Illuvium: Zero is a mobile mini-game that will interact with the main game. Illuvium: Zero will be a base building game which will be staged on a piece of land. Paid land will produce Fuel ERC20 tokens and Blueprints which can interact with the main game. There will be 100k plots of paid land in total, and the first land sale will offer 20k of these plots for sale in a dutch auction format. All in-game development on land will be wiped when Illuvium launches. For more information, visit #illuvium-zero .

[distant lichen]

thanks!

[spice patio]

Guess Ill just sit on the sidelines for a huge market correction and scoop up ETH and ILV for the slp pool. That can earn you ALOT more than I imagine land can

I think about $10k can earn you about $5k a month right now

RIP sILV is worth 1/3 of ILV lmao huge RIP

[vocal pasture]

Is sILV still available to trade? Can’t find any actual price or chart… nomics seems frozen at 341.29$…

[spice patio]

LMAO I bought 2 days ago super RIP

$393 on uniswap right now

[fickle ore]

I have an idea regarding the "Percentage Tap" or the "Static Tap" of fuel that will be implemented. @bitter glade @noble quest Forgive me if this has already been thought of by you guys, or if a decision has already been made on the topic. You guys are pretty brilliant so i imagine this method may have come up... Before i give my idea, there are 3 main problems that need to be solved for. (1) There needs to be a method to add some degree of price stability so all users to the game can have a playable level of entry for fuel, so as to prevent price gauging. (2) There needs to be a way that land owners feel their investment is accompanied by some degree of market making, and can be lucrative. (3) There needs to be an autonomous way that ICCPS don't need to be voted on constantly as this ads more friction to the entire ecosystem, and prevents scalability significantly as we anticipate tens of millions of players to be onboarded..

Taking those problems into account this is the gist of the idea i thought of. You can have a somewhat hybrid mode, perhaps a "hoarding-ratio"tap. The tap % could be based based upon how much of the total supply of fuel was being held in ILZ, yet to be sold to market, and how much was being held in the Fuel/ETH Liquidity pool. This could decide what the total % of what the tap was. In a way this would make the % value dynamic without flooding the market with fuel, and would give land owners some degree of market making ability, without having pure autonomy over its supply. I'll use an example. 90% of the supply were held in the Fuel/ETH swap contract, and only 10% of the supply of fuel was held by land owners then perhaps the % of drip would be around 1% of the total supply of fuel over X duration. Now if 90% of the fuel were held by land owners, and only 10% were held in the swap contract, then perhaps the drip would increase to a number like 20% of the total supply over X duration. While the numbers i gave are arbitrary, and would need some serious QA to decide what % values would work best for land owners and fuel consumers, at least In this manor you could solve all 3 problems listed.

[autumn island]

@fickle ore Thank you for your contribute of idea, we treasure the community's ideas as a DAO. Are you worried about the price of Fuel is not stable for the Main Game players?

Have you seen Johnny's leak of formula for the supply control?

Balancer Pool of Fuel = X + AX + B

[bitter glade]

We do something similar to this. Or at least we plan to. It’s a bit of a difference from what we have said in the past but I really like it and think it is clearly better.

It covers all three of your points.

[fickle ore]

I am not concerned per say. After reading the IZGDD-tokenomics doc i see that there is a true need for some sort of drip of fuel into the swap, otherwise the land owners could potentially have a monopoly on the supply of fuel, and would likely harm the over game experience in many ways. Yet pumping too much fuel into the swap also makes the land ownership much less lucrative.

Thank you for spending the time to read @bitter glade I trust you guys will come up with an incredible solution. The tokenomics thus far are one of the best in crypto.

[amber atlas]

the other thing to remember is it hurts the land owners if they save fuel, because storage is limited

they are basically just throwing away their production once they max storage

but the 'drip' is more like a steady flow and has always been in the game design if not the original IIP (edit for correctness)

[autumn island]

Hi Johnny, nice to see you here. Is it questions time or it's not a good time? I have some a few saved up which are not urgent at all.

[fickle ore]

Will the drip change with the DAUs?

[amber atlas]

sorry I've been getting pulled in a lot of directions lately so haven't been spending time with you guys 😒

[amber atlas]

there's a new approach which Aaron alluded too which we think is much better and will be in the updated IIP

[fickle ore]

Sweet! Im very much looking forward to the landsale.

[amber atlas]

I've got some meetings about to start, but will try to type some answers if the calls get boring 🙂

(and will respond to them after the meetings if they don't)

[ivory bough]

@slow cedar get in here. You were searching for Johnny haha

[autumn island]

I am in the line. 😎

[bitter glade]

It was in the original iip I believe.

[autumn island]

@amber atlas What consider to be "good location" for the lands? As mentioned by Kieran good location lands sells better price.

2. can you share the tech tree leak?

3. is the building leveling up with efficiency boost, and infinity levels to work on over the years like the idea we discussed?

[main crag]

We missed you, but priorities firmly in the right place. Adding to the pile re megacities specifically:

• Expansion an undetermined time after launch?
• Multiplier on production, or simply more efficient use of buildings due to a larger footprint?
• Maximum size?
• Share landmarks? I.e. if one plot had a landmark, would the entire megacity share the benefit

[amber atlas]

I think good is somewhat relative to your goals, we know that it is likely somewhere down the track that we want to be able to combine lands in to megacities
so an edge location is likely worse
a location where you have a cluster of similar tiered lands is likely better (certainly a group of T4's that formed a 2x2 grid would seem to make them extra valuable)

[iron adder]

Certain group of T4's... hmmm so about $400K. Good deal 😆

[amber atlas]

1. Hypothetical but very likely, date unknown
2. Expected to be more efficient (for example your landmark bonuses would apply across multiple sites), rather than an extra boost (nothing is finalised)
3. Not decided, I would think 2x2 and 3x3, but maybe more (nothing is finalised)
4. Yes (not finalised, but I see it as almost certain)

[main crag]

This is really helpful, thank you

Will we have access to a land map (interactive or not) prior to the sale?

[amber atlas]

expect it to be out first yes, can't see why not

(maybe a week in advance)

[iron adder]

I have a question, with the mad dash to obtain these desirable plots, it's a real possibility that multiple people will bid on the same plot and pay ETH gas for the transaction.

Most of them will basically just waste gas because only one will be able to secure it. These costs will add up for the bidders and will waste hundreds if not thousands of dollars. Do you have any plans to mitigate this? Whales wouldn't mind paying $1K+ in gas fees to guarantee that they get those plots. Did you ever think of just making the plot grid distribution randomized?

[oblique ore]

Did they confirm they're not randomized? Must've missed that

[main crag]

Amazing.

What are the plans regarding the UX for multi-plot management?

[main crag]

https://i.imgur.com/BRvkmEl.png

[oblique ore]

Guess I should read titles better

[gleaming wyvern]

So manually select your own 2x2 or 3x3 plots? Or can you bulk buy and the system will give you plots in these orientations?
Say you buy 4, it will give you 2x2 automatically instead of 1x4

[unkempt ginkgo]

So do we have an official delayed announcement yet or are we all still going off of the podcast more than subtle hint today

[scenic karma]

I think you choose what plot you want. So if you want a square of 2 X 2 you'd bid on all 4 slots. You will know the tier you won't know what sites are on that land tile/tiles

[unkempt ginkgo]

The best way to do it is the first who bids on a price gets eg 5 min to pay for it ie locked for them and if they don't then it returns to bidding I would think.

[iron adder]

Not possible for ETH smart contracts, however I'll indulge you, so whoever pays the most gas will still have the initial lock. Then you pay another gas fee to actually bid on the land. It's not a solution, but another layer of fees.

[muted wadi]

I find it exciting that, one year from now, a million people will have wished that they could have been here at... this... exact... moment!!!

[gleaming wyvern]

Makes me wonder why a lot of gamers are against NFT & crypto based games

[muted wadi]

Lots of love though... I'm here with you

[iron adder]

Ignorance, but you shouldn't be surprised, only 4% of the population are in crypto.

[unkempt ginkgo]

No i don't mean like that. I mean they use a website bid mechanic whereby you click bid then the auction halts at that price and then you proceed to checkout

[muted wadi]

Sorry... I just back read all of yesterday's posts... wasn't meant towards anybody specific... just in general

[iron adder]

That will be a centralized solution, I don't think they'll want that. Until JohnnyA replies, we won't know.

[gleaming wyvern]

If I can get my Blaziken from my first Pokemon game with me everywhere and has the potential to see them in the metaverse next to me or sometinig, I know this sounds stupid but I'd actually get pretty emotional. All the hard fought gyms and the elite fours. This is why I believe in illuvium so much. Sorry getting off topic from land

[unkempt ginkgo]

Yes well they can't do it on ImmutibleX yet and so all games are trying to find the best balance right now. Guild of Guardians had a disaster drop today. Everything sold out sure but a lot of peeps were very unhappy about communication and the website updating the amount available.

[gleaming wyvern]

What were they dropping?

[unkempt ginkgo]

Heroes and pets. What is relevant to here though is it was done via their website and there was an issue with quantity updating...

[gleaming wyvern]

Pretty major NFTs for the game then it seems, not good!

[unkempt ginkgo]

Indeed and I think as a community of gamers we all get this is the market we are in right now and these are ETH problems and so I for one would prefer a more centralized sale as it is pragmatic given the bull market. ImmutibleX is working hard to have systems in place to make it possible for future land sales to be there but right now...

[gleaming wyvern]

I guess especially with the price, timer plus amount remaining all needing to be dynamic and accurate, although I'm not an expert on these purchasing solutions. Did Axie also have problems like this when they sold?

[unkempt ginkgo]

No because their land took a bit of time to sell out. The market now is not like the market was back then and from Kieran's chat today on YouTube I think he understands how competitive this land sale is going to be...

[gleaming wyvern]

Right I see.. do you know where I can find Kieran's chat form YouTube you just mentioned? (Which channel)

[unkempt ginkgo]

Ill DM you with it. Midway through sILV plummeted lmao and my DMs blew up.

[odd pumice]

Can you send it to me to please?

[odd pumice]

I've seen the sILV chart earlier, but and wondered what happened. Do you know why it crashed so suddenly? Super weird 😅

[unkempt ginkgo]

sILV main utility right now is the land sale. That was meant to happen before the end of this month. Today we found out that it won't happen till January and hence...

[gleaming wyvern]

With so many interests and people wanting multiple lands, I wouldn't be surprised if majority buys them at peak auction price

[hasty wagon]

land sale not happening anymore this month?

[gleaming wyvern]

Unofficially postponed to Jan (Kieran suggested in an interview), but still need to wait for an official announcement

[hasty wagon]

which interview? that'll be great actually.. hopefully the whales can readjust the sILV LP pool back to 1/3 the price

[unkempt ginkgo]

Yes and then more falling yay

[balmy crypt]

did they mention this in the recent 3 hour interview that they did with zyonic?

[gleaming wyvern]

This one @unkempt ginkgo just shared https://youtu.be/TboZfw_qCUw?t=2830

[odd pumice]

Uh, makes sense.

[mighty hinge]

Aussie Aussie Aussie 🇦🇺

[gusty aurora]

Not very ethical though..it’s obvious they sensed the “market” and demand and are trying to drag this to make people pay the highest possible prices. This won’t benefit the average person, most of us swapped for sILV waiting for this to happen this month.

[balmy crypt]

not sure about not ethical, no single person dictates the market. I think they're just waiting for the optimal time that's beneficial for the project itself

[muted moth]

That’s not it at all; one of the main reasons is they are waiting on audits from quanstamp

[gusty aurora]

Yeah, just watched the YouTube video now..however it is frustrating for most us, I bet..plus the longer it takes the smaller the chances for someone with an average amount of tokens ( and probably who have been interested in this project since day 1) to buy

[muted moth]

Oh I agree, it’s definitely frustrating, but I understand why they are doing it, and as much as I would like the sale to be tomorrow, I want the team to make it the best they can

[fallen nymph]

We all want the sale and the game now!
I just wish people would stop confusing their feelings of frustration with bad intentions from the devs.

[amber atlas]

the max price is fixed and a lot lower than what I was planning (although of course still with the motivation of maximising revenue)

delays have nothing to do with market forces, and are about our general goal of building everything to be best of breed

[balmy crypt]

hahaha I guess it's hard not to be cynical with all the scams and money grubbing here in the crypto space

[muted moth]

Still on track to get prices out by the end of next week Johnny?

[amber atlas]

I'm waiting on Aaron to write the IIP but maybe I can have a quick chat with Kirean and Aaron about leaking proposed max/start prices before the IIP

the blocker to the IIP (other than Aaron being ridiculously busy) is that we come up with a better way to balance the DAO contributed fuel, but it needs to be written down formally

[muted moth]

And if you added a little leak of the tech tree in there too I’m sure we would be able to accept that🙃

[fallen nymph]

It can be challenging. True enough.

[gusty aurora]

Agreed

[gleaming wyvern]

What’s that?

[fallen nymph]

If you're looking for a volunteer to write things formally... I could take the day off tomorrow. 😉

[muted moth]

Not entirely sure, but Johnny mentioned leaking it once. I would guess just a standard upgrade tree

[amber atlas]

its just the structure lists and the relationships between them

(i.e. you must build X before you build Y)

the only problem I have (leaking it) right now is it doesn't look very pretty as it is data in a Unity editor tool I created... super handy for tweaking, not so handy for making pretty pictures

[fallen nymph]

I would tolerate an ugly version of that.

[balmy crypt]

hahaha same here

[fallen nymph]

Hell, a phone pic of napkin drawings would work

[amber atlas]

I have a slightly old but still mostly update pretty version without the resource costs

[gleaming wyvern]

Was gonna sleep but…that can wait

[fallen nymph]

https://tenor.com/view/leak-it-chrisjen-avasarala-the-expanse-put-it-on-public-publicize-gif-19015769

[amber atlas]

alright, but don't hold me to anything in this 😛

[gleaming wyvern]

https://tenor.com/view/excited-so-drums-gif-11982656

[muted moth]

YES YES YES YES YES

[fallen nymph]

Everybody... if you don't agree to hold Johnny harmless, look away now!

[amber atlas]

hah

alright let me correct a couple of typos in this older diagram

[fallen nymph]

Sweet brother

[gleaming wyvern]

https://tenor.com/view/the-office-steve-carell-michael-scott-omg-oh-my-god-gif-4767816

[muted valve]

Man I pumped for land sale

[little moon]

hello, any where i can read up on land sale?

[muted valve]

I know we’ve speculated pricing tiers but really no one knows.

[fallen nymph]

We're going to be getting some new info soon.

[main crag]

There's a bunch of docs in the pins my friend.

Specifics coming literally now-ish, but formally next week.

[muted valve]

I’ll have like 15 sILV for land. Really hope I can get tier 3 but doubt it

[little moon]

is it by raffle or fcfs?

[muted valve]

Yea just edited it

[autumn island]

You can dm me to photoshop it as pretty as it can get

[muted moth]

Yep lol just saw that😂

[main crag]

Dutch auction first-come-first-serve, as far as I'm aware.

[muted valve]

Yup

[fallen nymph]

I hope nobody minds that I repeat this...

Speaking of land prices.
I'm building a simple price prediction spreadsheet based on the principle of the Wisdom of the Crowd.
It's like, if 100 people guess the number of jellybeans in a jar, the average of their guesses comes out really close to perfect.
DM me your $ price guesses for T1 - T5 and I'll share a copy of the spreadsheet with you when it's finished.

[little moon]

gas is gonna be through the roof!

[muted moth]

You want price ranges or fixed prices?

[amber atlas]

Stages are not in the diagram but you can only upgrade to the next stage of the dependencies are also upgraded to the same stage

[fallen nymph]

Either is cool. If you give a range, I add the low and high.

[amber atlas]

(Also this is a few months old, and not entirely accurate now, but still mostly accurate)

[little moon]

wait, so it's confirmed that we can buy land with either ETH / ILV yea?

[fallen nymph]

Awesome, thanks

[main crag]

ETH or sILV

[twilit bough]

Done

[little moon]

crap, if im owning ILV, anyhow to convert them to sILV?

[muted valve]

No

[muted valve]

Unless you have rewards and claim as sILV

[main crag]

You can trade ILV -> ETH -> sILV

[little moon]

dang... not sure i wanna sell my ilv, probably pumping next week with land sale? haha

[gleaming wyvern]

I’m guessing we get initial resources to start building the basics

[hard fulcrum]

Land sale is next week?

[twilit bough]

Can Holographic status be sold? This all looks great

[autumn island]

These are my prediction of revenue in one year, I guess land price is same a one year revenue on fuel as shown in last column + 20% FOMO/collectible value.

It weighted each fuel site and share the ~8% revenue of the main game.

[little moon]

^

[muted moth]

So what do the resources at the bottom represent? Is that going to be how much resources you have to pay to unlock that next structure? I’m guessing they won’t all be zero like they are now

[livid tundra]

tech trees like this make me erect

[amber atlas]

they are purely cosmetic, a way to show off what you have scanned, and make your land look nice

[main crag]

This is great information, thank you for sharing

[amber atlas]

its the cost, but at the point of doing this diagram costs weren't decided, and now its done in the tool which looks a lot less pretty

before beta we will do an artist rendering of it for sure

maybe before alpha

[fallen nymph]

Cool, thanks. Can you please send me that in dm so I can share with you later?

[muted moth]

That’s what I figured thanks!

[amber atlas]

I'll load up tool one sec

(kinda proud of it 😉 even if it looks bad)

[gleaming wyvern]

Feel spoiled lol

[amber atlas]

I feel guilty for not being around more

😉

I'm like an absentee parent coming home with gifts

[unkempt ginkgo]

I am actually so pumped by the delay now that I have had time to think about it. Getting to buy sILV as it falls a bit

[balmy crypt]

what does revenue% and revenue per land represent? like revenue from your initial investment?

[unkempt ginkgo]

we are now escrowing around 76 sILV hopefully we can get to 100 before the land sale!!! ROAR!

[muted moth]

Just curious, what model did you use to come up with the distribution of tiers?

[muted valve]

Tier 5 going to be a lot

[main crag]

I imagine relatively unobtainable outside institutions/DAOs/mega-whales.

[amber atlas]

just realised that digram doesn't include data banks or power generators

probably other stuff missing too 😒

[muted valve]

Are you saying tier 5 land is going to Cost only 50k

[autumn island]

First of all this is not offical and it's on speculation of numbers, please don't expect it to be accurate. revenue% is total revenue share to the same Tier, revenue per land is what you get by selling all Fuel produced within a year.

[muted valve]

Yes million

[gusty aurora]

That’s the revenue

[amber atlas]

(snippet of the editor)

[autumn island]

I copy off some information shared here, total speculation only.

[fallen nymph]

Oh man, that's cool

[amber atlas]

the main cool thing it does is auto generates all the stages from base information and scaling algorithmns

[muted valve]

Yea I was reading it wrong

[unkempt ginkgo]

Sooo cool!

[main crag]

Dope - love it

[amber atlas]

(and soon to be plugged in to Perry's balancing tools to enable simulation of max output etc automatically)

[autumn island]

supper cool

[fallen nymph]

Oooo... ooooh... NERDGASM!

[unkempt ginkgo]

Johnny in the interview Kieran was on today he mentioned inter connected lands forming a mega city or the like what will be the benefit to having connected plots please?

[main crag]

We talked about this earlier today if you wanna search Johnny's posts

[unkempt ginkgo]

Also will land plots of the same tier all be next to each other or?

[unkempt ginkgo]

Ah will do

[balmy crypt]

Oh for sure hahaha may I ask how you got the rev per land part? Wouldn't the demand for fuel increase when the main Illuvium game gets released?

[amber atlas]

its a random distribution, so no, we will manually inspect the output before submitting as final to make sure there are some cool groupings though

(and we can manually edit if we need to make some extra cool little 2x2 or 3x3 areas)

[autumn island]

No, I am saying T5 will only receive 50k from mining Fuel, but it will have much more collectable value and streaming income from international competition.

[unkempt ginkgo]

So if I understand correctly there isn't some kind of automatic boost to joining plots but some groupings just do have some extra lucky boosts?

[dawn cradle]

Johnny thanks for coming back into the chat. So you are saying that a 3x3 area might be one T4, one T3, two T2s and five T1s for example? That all the T4s or T1s are not next to similar tiers?

[unkempt ginkgo]

Will tiers 1-4 also be able to host pvp competitions if they are big enough but just not be fancy stadiums?

[gleaming wyvern]

So what happens if we run out of a particular element and its stuck, can’t build converters or upgrade? Because the land didnt get that element site spawn naturally?

[main crag]

Did you get the go ahead re: this by the way?

Could be a good temperature check for community sentiment pre-formal proposal... just sayin...

[dawn cradle]

only T5s host PVP competitions at this point.

[autumn island]

I used an average of total revenue between Genshin Impact, Fornite and Axie, even though I believe we will do better.

[amber atlas]

there is an AIRDROP action on the Nexus that gives you a small amount of base resources every 24 hours

[dawn cradle]

You get a daily airdrop of some amount of resources. It will eventually allow you to build if you get stuck.

[unkempt ginkgo]

Cool!

[amber atlas]

this is all conjecture but the view is they can be mixed... so if you had 1 T4 and a few T1 and T2 you would get the landmark bonus form the T4 applied to all of the connected sites

[gleaming wyvern]

@amber atlas @dawn cradle Aaah! Nice!

[dawn cradle]

I got that. I guess I just assumed that all T1s would be in one area, T2s in another, etc. With them interspersed randomly it does make things somewhat interesting. And I recognize any benefit that jumps across territories or what not is not defined at this point.

[amber atlas]

you also get efficiencies by not having to fill up space with all of the support buildings, so you only need 1 Quantum Fabricant across 9 plots rather than the 9 you would need for unconnected plots

[unkempt ginkgo]

Alrighty I will definitely eagerly await more information when finalized I am loving the megacity concept etc I just want to understand all the perks before the land drop so we can plan accordingly re funds and alliances! YAY

[amber atlas]

you also share resources across the plots... so you can reduce transport/conversion costs and delays if you have a good mix of site types

[dawn cradle]

That is interesting. Of course, not at launch and may or may not come at some point later. But yeah... more efficient land usage coupled with possible landmark sharing across sites is something.

[amber atlas]

(noting that megacity details are all just ideas at this point)

[unkempt ginkgo]

I hope the Dutch auction stops some silly gas wars

[balmy crypt]

interesting. I didn't know these games ( except for axie) had a land component. I hope we do hahaha I'm looking for this to be sort of a passive income thing

[dawn cradle]

has 4x4 been discussed?

[amber atlas]

not in detail, we have only talked about this at a high-level

[main crag]

One step at a time

[dawn cradle]

thanks for the info

[amber atlas]

in the end we want holding land to be fun but also profitable, and if it is not then we can work out ways to improve it

its not like we can't make an IIP to add new features to IZ after the data from the alpha is available, or even at some later date

[fallen nymph]

@amber atlas maybe asked before, but I couldn't find it. Is there any intention at a later stage to be able to transfer fuel from I:Z directly to our own account for access in the main game?

[gusty aurora]

You gotta love the allusion Kieran has made in the recent YouTube video about the little guy and his Tier 1 piece of land surrounded by a megalopolis of joint lands , who don’t want to sell and eventually get his life bargain. Well that it’s well tought.

[muted valve]

Like if you owned property where they built Barclays center in Brooklyn. Eventually get bought out if you’re a little guy

[gleaming wyvern]

Or maybe there will be invasion gameplay lol. I hope not though

[gusty aurora]

Pretty much yeah 💲

[amber atlas]

technically it wont be direct as it will throw of the balancer and DAO injected Fuel calculations ... but from a UI perspective it should (eventually) just be one action with the other stuff hapenning behind the scenes

[fallen nymph]

Ah yeah, that makes sense. Cool. And I guess there would still be gas at first, because it's moving from wallet to wallet, rather than staying in one's own wallet.

[gusty aurora]

Don’t think so, That would put a lot of people off

[amber atlas]

invasion gameplay maybe, but not with this land

[gleaming wyvern]

We are just friendly robots building our complexes haha

[amber atlas]

hopefully it can all be on L2 by then, but if it isn't yes there would be some gas

we do have some options for avoiding gas even without ERC20/Balancer Pool on L2

so I'm reasonably confident but not certain we will get a gas free solution done in time

[fallen nymph]

Great. Gas free is the dream. Even if it takes some time, all good.

[muted moth]

Hey Johnny since it seems the land sale is going to be a bit later than we initially thought, is there a possibility the sale could be on layer 2? I know Aaron had mentioned future sales being on L2

[fallen nymph]

That would be sweet

[unkempt ginkgo]

Aaron said ImmutableX isnt ready for a Dutch Auction setup yet unfortunately

[amber atlas]

maybe, but I wouldn't think so, there's a lot of work in the contract and audit, and it would probably need to be revised pretty significantly if everything moved to L2

[muted valve]

I wouldn’t mind land sale pushed out a bit. More time to accumulate sILV

[fallen nymph]

Without expecting details, would gas fees and the like be considered in determining the fuel production of the sites?

I know you said that fun and profitable is the goal...

[amber atlas]

only in the sense that we would need to adjust balance to ensure that you could store enough Fuel such that gas fees wouldn't be eating a significant amount of profits

[unkempt ginkgo]

It is pushed out till Jan 😛

[amber atlas]

but as I said strong preference would be to use one of our low gas/no gas options

[fallen nymph]

For sure

[amber atlas]

even if it makes things a little more 'clunky'

(e.g. trading Fuel using NFT tokens that represent a number of Fuels, kind of like an option or bond)

[fallen nymph]

Oh yeah, not exactly elegant but that could work.

[amber atlas]

"This NFT entitles the bearer to 1000 Hyperion"

[muted valve]

Wasn’t aware. Thought it was later this year. Very cool

[marble bear]

Why hasn’t there been an official announcement yet to state the land sale is being delayed? The only way we know rn is the youtube interview

[amber atlas]

then you trade to us we burn and grant you equivalent in Fuel in game

[unkempt ginkgo]

We found out today and hence why sILV plummeted to my glee!

[gusty aurora]

But potentially higher land prices than initially thought , so maybe the report of purchasing will stay the same

[muted moth]

Kieran said there will be an announcement put out later today regarding everything

[muted valve]

What’s sILV at right now

[marble bear]

Awesome, thanks!

[unkempt ginkgo]

$400.

[fallen nymph]

Like a fuel-standard bond. Nice workaround.

[muted valve]

Damn so converting ILV to sILV you’re kind of taking a loss

[amber atlas]

I'm going to keep quiet about schedule, will let Kieran handle those comms

[gleaming wyvern]

We aren’t polluting the planet of illuvium are we haha jk

[amber atlas]

😛

[fallen nymph]

Hahahaha

It's obviously all non-GMO free-range Hyperion Extractors

[unkempt ginkgo]

I've been buying with ETH. My DAO escrows our token holders funds in ETH so we been buying up as it falls!

[amber atlas]

alrighty folks I'm out, things to do, and this conversation is just engaging enough that I can't really do anything else at the same time 🙂

[muted valve]

Damn. Have to free up some money to buy sILV

[unkempt ginkgo]

I do want Illuvium prices to stay strong of course because the land prices are pegged to USD and the sILV is pegged 1:1 with ILV haha

[fallen nymph]

Thanks for the visit Johnny

[unkempt ginkgo]

Thanks for all the info mate! Getting us super excited!

[muted moth]

Thanks for the taking the time and sharing some leaks Johnny! We really do appreciate it!

[muted valve]

Haven’t bought sILV. Where u buy. Sushi swap?

[gleaming wyvern]

Thank you!

[amber atlas]

no worries I'll try to get back to talking here every day, even if just for 15-30 minutes

[unkempt ginkgo]

Uniswap just be sure to add the correct contract info

[muted valve]

Where can I find that

[unkempt ginkgo]

sILV Token: 0x398aea1c9ceb7de800284bb399a15e0efe5a9ec2

[autumn island]

That would be awesome, thank you Johnny.

[muted valve]

Thank you

[gusty aurora]

This is the way I did but I worry that with the land sale being postponed might not be that beneficial as there is a potential for sILV to drop furthermore

[unkempt ginkgo]

The price of sILV isn't important the price of ILV is. For the land sale sILV is pegged to ILV on a 1:1. However the land is being priced in USD and purchased either with sILV or ETH so as long as crypto remains strong great. if ILV goes down in value then ya.

[gusty aurora]

Yes but if I would’ve rushed in to buy now I could’ve potentially bought more sILV later

[unkempt ginkgo]

I intend to keep buying sILV in its dips. No doubt after the announcement the trader types will be miffed and dump it down more to get back to their trading or ILV staking. I felt it was a great price all the way to $500 so at $400 it is marvelous and if it goes lower wonderful!

[gusty aurora]

As ETH is still on bull run while sILV might still drop

[unkempt ginkgo]

I think ILV will remain quite strong and that is what matters 🙂

[gusty aurora]

It makes sense

[gusty aurora]

Bloody hope so

[unkempt ginkgo]

Well hype for Illuvium isn't down and ILV gives fantastic staking rewards so those people are happy to hold. sILV lacks governance, staking benefits and utility yet so it is a classic arbitrage and so even if ILV remains strong, sILV could be all over the place until we get closer to the land sale and then people will start swapping over to close the gap...

[dawn cradle]

I will throw out there one way to kind of keep the pricing down for the land sale (especially with the delay) is to sell a few more lands than originally planned. Say 25k instead of 20k. That would enable more people to buy land, and likely keep the prices from being artificially inflated due to too much SILV on the market. If the prices of the land drop immediately it would look bad for the game. Just a thought.

[gleaming wyvern]

It’s Illuvium gonna be the first game that is dependent on two separate games on multiple platforms to support each other?

[unkempt ginkgo]

Is there that much sILV though? I hear the majority have been taking ILV as their reward.

[gusty aurora]

You’re right, the closer we get to the land sale@the sILV will consolidate and maybe even if you don’t have the opportunity to buy land you might be able to swapo your sILV at potentially higher value than now since a lot of conversion will take place then so that may be a safety net

[dawn cradle]

I mean I would guess 125k-150k SILV by the time of the land sale in January. That's pretty sizeable.

[unkempt ginkgo]

And all of those peeps want land or just want sILV for ingame use and didn't want to wait a year of lockup?

[dawn cradle]

Open question is about the Illuvitar auction (or whatever the NFTs of the Illuvium creatures are) and when that is. That could help if people save some SILV for that. But that hasn't really been defined yet.

[unkempt ginkgo]

Tell me more about this please. I thought all the Illuvials needed to be captured...

[gleaming wyvern]

The illiuvitar is your player avatar right?

[muted moth]

It’s just a fancy pfp

[gleaming wyvern]

Doesn’t it affect your in game 3D avatar as well ?

[dawn cradle]

I don't have the name right. They are auctioning exclusive NFTs for each Illuvial sometime in Q1. Can use SILV for it. I'll see if I can find the name they use.

[muted moth]

Don’t think so. Could be wrong tho

[dawn cradle]

https://gov.illuvium.io/#/proposal/QmcLp2kGMh1JyMDVTJ3cWPz7yHazxjFXnTSjSWkGHkPu4C

originally I think they had a limit on the number that could be minted. It looks like that is removed in the final proposal. So yes... this could be a use for SILV before the main game as well.

[unkempt ginkgo]

Ah so a cosmetics sale to add unique features to our in game avatars?

[fallen nymph]

One more time before I got to sleep...

Speaking of land prices.
I'm building a simple price prediction spreadsheet based on the principle of the Wisdom of the Crowd.
It's like, if 100 people guess the number of jellybeans in a jar, the average of their guesses comes out really close to perfect.
DM me your $ price guesses for T1 - T5 and I'll share a copy of the spreadsheet with you when it's finished.

[dawn cradle]

it kind of depends on the number of tiers of each land that are announced. I would recommend waiting until after the IIP to get the estimates. If there are 100 T4s or 1000 T4s is going to be a big difference as to what a good estimate for the T4 land will be.

[fallen nymph]

I hear ya and agree that for logical estimation, that's true.
I'm just doing an experiment using the Wisdom of the Crowd that doesn't rely on logic.
I'm only after guesses at the moment.

Anyway, gn from the great northeast 😉

[serene bane]

any land sale updates?

[south belfry]

I actually want to 1 up this comment and say we should atleast double the total amount of land released to 40k considering it was proposed there was going to be possibly a sale this month and before game launch it would only make sense to curb the inflation of Silv that will be produced by now and the time of the new land sale date and would also cause a lot less unnecessary spending on only 20k land and give more opportunity for everyone

With the current rate of silv production the avg prediction of a few SILV for t1 land will most likely double, so if doubling the amount of land to make up for the delay would average the price down for everyone

Essentially combining the 2 sales that were supposed to happen before game launch

Because if all the silv gets dumped on this sale then the next sale before game release is gonna be drastically cheaper while also causing the current land to lose value

[dire tiger]

I don't think the price will double up. Someone who has $5000 set for T2 will not pay $10000 for T2. They may bid for a T3 instead with $10K. just my opinion.

[south belfry]

More silv means more people will just throw at land

Mind you majority of people are earning it for free so they won’t mind spending 10 instead of 5

It’s basic inflation more silv is being printed for the same amount of plots so if you double up the plots released the price will average out while not impacting the next sale of 20k before release

[sly anvil]

Guy I’m new sorry if dumb question. How do I buy silv?

[south belfry]

Say you spent 10 on 1 land and then the next release it went for 5 your instantly be -50% because people spend less silv on the land

Silv purchase is going to take precedence over eth purchase for sure because it won’t cost most people anything or it’s cheaper

[dire tiger]

I agree that the price will increase. I am just saying it will not be double. may be max 30% - 40% increase. There may be people who are willing to pay 10k for 5K T2 that they originally planned. But there will be a lot of people who will just simply moved up from T2 to T3. So I don't think the price will double up. But i may be wrong. just sharing my opinion 🙂

[south belfry]

I get that but it’s more so to protect the future sales and not have everyone that spent 40% more on land because total silv increased from now until land sale to take an instant cut to their land value when the next batch is released and less is spent

So doubling up on how much is released will take the average down and preserve floor prices for future releases

Also giving more opportunity for people to scoop some up

[dire tiger]

If they can make the land useful with good potential ROI, then the price may not decrease that much. they might not really need to increase the number of plots.

[south belfry]

Still all speculation I still believe with the delay is pushed their 2 land sales before game back so they might aswell lump them together

[dire tiger]

you can swap on uniswap or sushiswap. you can check more in the channel #💰〕token
P.S. don't trust anyone if they DM you that they would sell silv or share you a link in DM.

[little moon]

There was only ever going to be one sale before the game launch.

[south belfry]

There was talk of one that would have happened this month and one more before main game

[little moon]

I dont know who from the community was talking about it but it has been said multiple times by johnny that there would only be one before launch.

[potent dock]

That's the first I've heard of it xD There was never any set date on future sales.

[south belfry]

Remember it being brought up a while ago