#🎮〕illuvium-zero
1 messages · Page 239 of 1
Not too sure, but with the bear market probably decrease...
how much is the land cost?
so, wen land sales? what's the lastest updates so far sir
pinned messages please
It hasn't been announced yet.
Check pins. Tho proposed prices will likely be doubled
nifty league just launched p2e this weekend. the game is still in alpha testing but so far the economics seem to be about $1/hr for common characters and up to $10+/hr for legendary characters
Yeeeeeep
Hello
I want to know please where I can buy land thanks
I check’is coming soon I think
the main game is on L2 (IMX), and we are hoping to get IZ/Land resources on to L2 before public beta also, if this doesn't happen in time we will look at other mechanisms to reduce or remove gas fees
Need date of sale land please
there is no published date for the land sale, see announcements channel 9th of Jan message for the latest news on timelines
(basically we need to get staking V2 sorted first, as well as additional external reviews of land sale related contracts)
sounds like Feb or even early Mar🤔
I pinged Grant to see if he thinks it is leakable
(not sure if it in its final state yet)
Already overpriced, wasnt that the point of setting prices so high to begin with? So nobody would buy in the first second? Furthermore the ending at 2h (in my opinion) is total BS it only sets a floor and can result in not all land being sold
Also theres a big assumption being made that most people will want to buy land, let alone those who can (or will) pay big bucks for it, especially for somthing thats incomplete with no idea on ROI. Its a "Gotta sign the contract before you can read it" kind of deal. And im sure we all know how pre-ordered games often turn out (looking at you cyberpunk)
Im no fortune teller so could be and very well may be wrong, and best of luck to those of you buying in, I will a bit but wont be betting the farm 😅
I recon they all go for close to min price. More in line with other metaverse project inital sales, T5 wont sell if bidding starts at $2M as I have heard proposed. Just my opinion though. Whats yours? (Open question to all)
I'm new in here, but after reading the pins and a couple other things... it seems to me that the goal for land is to seek out those with the biggest wallets, and everyone else is SOL. Games that push for this often drive away the average playerbase in doing so. Obviously you have to make your money, but...
Whales get bored when they can't push around the little guys, and the little guys stop playing when they feel like they're just getting a piano to the head on repeat. Perhaps allowing the free land to generate at least small amounts of resources will at least alleviate this to a degree. There has to be some sort of "play smarter" aspect for those without hundreds or thousands to drop on (no offense) what is essentially an incomplete game. Especially since prices will only go up the more complete the game becomes. Just my 2p
I also tend to agree with much of what Ronano has posted above.
It could be another no mans sky or worse. Just a rug pull, I have seen these types of thing before. The NXT community had a game in development back in 2014, it was probably one of the first NFT games, before they were even called NFTs we had gameplay footage and everything, it evaporated.
And the guys here think $42000-3200 at todays price for a T4 isnt enough? Thats utter insanity
I think those are fair points and valid concerns that you bring up. I am not worried for 2 main reasons. First, the higher the land sells for, the more revdis will be awarded to token stakers. Second, only 5% of the fuel provided by land will be sold to the balancer pool so they can’t have a strong hold on the fuel price for the main game. To add another point, you could always join a guild and be a scholar if interested in playing to earn or just play T0 land if you want to play for free
You havnt read the $ILV tokenomics I take it 💁🏼♀️ Check out #🥩〕staking for rev dis info
Link my wallet to a browser and sign a transaction to stake, sounds pretty insecure to me, unless im missing somthing
I'm aware you can earn via gameplay. However, land ownership offers distinct advantages that become hard (or impossible in some cases) to compete with.
That aside... No matter how you slice it, if the players who aren't dishing out serious dough leave, the ones who are generally follow. It's still putting a high price tag on an unknown, while simultaneously choosing to ignore the long term effect that will have.
Tier 0 land is for people without land to enjoy full experience of Zero while tier 1-5 land generate income for owner. I don't see why free land should be generating fuel. It's not a requirement to play the main game. Zero is just a game where land owner can utilize their land and earn from it.
What advantage? Land owner can't use the fuel they generate directly for the main game if that is your concern. They have to sell them on the market
And then buy back in game? Seems a bit pointless
So you prefer for land owner to have advantage in the main game? They had the ability to earn from selling fuel which is enough imo
The FAQ regarding zero did not make that clear. It just says the resources it creates can interact with the main game. That said, obviously those who pay more should have an advantage. What I'm saying is that those who don't shouldn't be completely out in the cold. At least let them have some scraps.
How many gameplay hours of fuel will $42000 get you?
Also agree, nowhere does it say it cant be used by the owner
In the scenario where you can use what your own land produced, that is
I'm not here to talk about the price. Just the mechanic of land
Land sale will be in dutch auction format. People can choose at what price they are comfortable to buy
Except it has a cutoff timer on it
Within the 2 hour limit
The mechanic and the price are interlinked, imo.
If your not comfortable with over $3k and you want T4 then gotta forget it
All good 👍🏻 One less person to compete for land 💪🏻
You could be seriously burning your early investors, that wont go well
2 hour limit for each land yes. There will be 20000 land spread for 3 days. Its not like they're selling all of them in 2 hours
That’s not my point at all. $ from Whales buying land goes to those who have ILV staked. So, the more whales pay, the more investors make
Yeah... but only if they want that short term payout...
Early investors are ILV holders who VOTED for this
So its just a money making scheme? Not really useful to the game economy at all?
If you're not comfortable with the land price then don't buy lol. Let's the market decide the price
The market isnt deciding price, the time limit and depreciation rate is
Regardless of how much they pay for the land initially, if the game dies the investors stop making money at all. So it would be short term or bust
I'm not here just to complain and cry about not getting what I don't pay for. I'm interested in this game, so it's to my benefit to think about the long term health of it and comment accordingly
You know you’re just helping me build my karma, right? 💁🏼♀️
You can still buy if the land has not been sold after two hours. The price will be at the absolute minimum by then
remember that the land will host e-sport tournament
T5 only.
oh I didnt get that
Stadiums on T5 land only, the rest is only resources
gn8 ;D
And blueprints
Where can i find more info about land? When will it go up for auction and for what price. Is anything knows about this?
It's pinned
Nothing finalized yet.
I mean about pricing, it's gonna be a dutch auction to avoid Gas Wars
They’re trying to raise liquidity to build a better game. I think the economics of the game is more like Amway. We just need to tell three friends to buy land…then have them tell three friends…etc 🤣
Im hopeful the 5% landowner stake in fuel is increased to 25-50%. Giving stronger property rights to investors is more important than micromanaging the local economy. You either want a free market blockchain game or you want to attract fanboys only. Im hopeful in the coming months they will change because the alternative is nobody buying land on the secondary market
you do realise that this would just be taking revenue away from other investors, revenue goes to ILV holders... taking away that much revenue from ILV holders would be a rug pull of gargantuan proportions
I can't see any way the council (voted for by ILV holders) would approve such a change
not to mention land is much more exclusionary than ILV... at most there can be 100k land holders, you can buy and stake small (even fractional) amounts of ILV
another mechanic I havn't seen mentioned for a bit on land, is fuel use for main game. If you have a piece of land generating fuel, you could presumably travel for free in the main game. Kieran said that each area you play per day only takes about 1 hour of gameplay too get all the resources/items/illuvials. Therefore having fuel in your pocket could exponentially increase your profitability
we don't really know how many people will use Fuel primarily for their own gameplay vs those who use it primarily as a direct revenue generator... I'd like to think a reasonable portion of land holders would be interested in playing the main game, but its hard to predict
(we might survey land holders down the road to at least try and get a feel for it)
I guess that would depend on the fuel price vs main game play profitability. But also Im trying to travel fast and farther than anyone else. You get your name in the illuvidex for being the first too discover an illuvial.
personally I've always loved being 'self-sustaining' in games, even at the cost of maximising profits/time spent ... but of course thats a trickier call when there is real value at stake
Has anyone ever been in a gas war before? is it possible too interact with a contract, pay the gas but lose the contract?
I would rather see delay and wait for L2 to avoid gas war
yes that is the problem with a gas war. Everyone buys at the same time and pays gas however the person that paid the most gas is the person that wins in the end
this is why the higher price for the Dutch Auction is important, if the price is appropriately high at the start people don't buy straight away, and if it is constantly falling then its less likely people hit buy at the same time as someone else (so the website updates to say bought), and even if they do the highest bidder wins so there is less incentive to pay high gas fees
we also put quite a bit of effort in to minimising the actual work that needs to be done to mint (to keep gas fees down) ... the mint itself generates a seed that is used to generate the land plot details in a deterministic way (including a view function on the contract, so you can confirm with absolute certainty that the IlluviDex, IZ, etc, generate exactly the land plots that they are supposed to)
can a few people get caught out, yes it can still happen, but it shouldn't be the typical experience where 99% of people miss out (even though they were willing to buy at market price) and some sizable percentage of them get burned (cough personal expereince cough)
no gameplay questions today ... 😢 🐼 ... ahh well I'm off to do some work, cheers all
hmm hold on just got caught up with the chat i might have some questions
I've got meetings so I have to go, but @ me and will try to answer tonight or tomorrow
all right thank you have fun. but dont have too much fun 😉
@amber atlas It makes no sense for Vayne to hold swords but shoot a crossbow or Aurelion Sol, a floating cosmic dragon, to have boots (TFT/LoL). So can Illuvials use items (really broadens gameplay for them to have item choice), and more specifically can Atlas get an Energy Sword? Thanks.
Im not a dev but If ever this idea passes dont expect this to be implemented any time soon. Theres a butt load of balances and testing needed if you put items on the illuvials. Considering how close we are to private beta and eventual launch, this wont fly at all.
I would take the time to beef up your proposal as to why illuvials should get items, etc. Also, you need to think about how that affects the deck building side of it and the fact that a match only lasts 3 rounds. So your plugging in more items in your deck geared toward a specific or small number of illuvials in said deck. Feels counterintuitive. More types of cards = lesser chances of drawing a specific one.
I admit, this crossed my mind a minute
If you cant use your own resources then it reduces the chance significantly
Own the supply chain to reduce overheads, thats the way I look at it, buy land to ensure travel to far reaches is at reduced cost for the rare illuvials that can be sold for a bigger profit.
That goes out the window though if the land costs more than its going to generate.
under the hood all resources need to go through the balancer pool, to ensure the ratio as well as ensure pool balnce, but from a user experience perspective it can still be one click (Marketplace -> Sell Resoruces (Sell to market) ... Zero-Point Transducer-> Transfer to Overworld (Move from your land to yourself))
once on L2 (which may be day 1), there is no fee for this
I agree with your point but shouldnt we also allow the market to go lower than expected? Asking ILV holders to vote on how much they are paid seems abit like politicans giving themselves a raise. If the minimum prices are too high to be profitable ALL the landowners will be burned, regardless if they hold ILV or not
what do you mean, the minimum price will be very close to zero, we will add some kind of floor, but it will be so low as we expect zero chance of it hitting
blah more meetings, but @ me and I will try to respond when back
Careful what you wish for 
Each batch is given 2 hours to sell at a 2% price reduction per minute, that makes the minimum price of a T4 based on ETH price right now to be $4209. Thats a bit off zero
T1 close to $88
What kind of impact do you think we will on land sale if we continue in a bearish cycle?
Cos when we were talking about it landsale previously everyone was super bullish with prices of all tokens going up up up.
Eve online costs about $88 for a 12 month membership. If 12% return is reasonable and that $88 affords you the full experience, then a cost of $733 for the full experience. (assuming T1 dosent generate much and T4 generates enough for unlimited gameplay without buying)
Edit/ to clarify: without buying further goods after land purchase
Can someone explain to me how the land sale and SILV is more beneficial than buying with ETH? Do I get more discount when buying with SILV? Any help appreciated
There was an unofficial pool that allowed you to buy sILV at about 1/3 the price of the ILV price it is paired too. The pool was hacked so you can no longer do this. sILV is being replaced by sILV v2 now.
Is there a way to get enough to get a land with sILV after stake V2 pool acitve
I would be totally against any IIP that stated this "illuvium zero" and "land" is NOT supposed to be a major profit center its a mobile mini game addition to the main game. 5 % is more than generous for this .
There is no competition between players and there is no "selling" between players everyone jsut makes their fuel and swaps their ETH to the balancer. What you are asking for is completely unreasonable.
the only official way to "silv 2" will be to stake in ILV protocol .
@analog zodiac I have read you posts as well as a few other Detractors and personal i disagree with you opinions and think you don't understand what #🎮〕illuvium-zero is .
(FYI personally i am not getting land as I feel ILV is the better investment personally)
PSA: DO NOT Buy, Sell or Trade ANY sILV
-
sILV v2 release will be announced in #📣〕announcements (ETA unknown) ( if there is nothing new in announcements there have been no updates)
-
Illuvium will not be making an official pool for sILV V2.
-
sILV was never meant to be traded (it has no value outside illuvium)
- An unofficial sILV V2 pool is not guaranteed and may not happen right away <--------------
**FYI: Trading sILV v2 will
- be unofficial
- not be supported by the DAO
- be at your own risk
- have inherent risk
DO AT YOUR OWN RISK!!**
when is the land sale 😦 they said mid jan
Yes its a mini game, I get that, what im saying is that the value expected for it is extortionate, instead of letting market forces dictate prices based on the resources available, that is stripped away and prices are set within a range that is excessive and not reflective of potential ROI. Landowners will have invested significant funds for somthing they get no say in and returns little on investment. All the money goes to the ILV holders that may not even play the game. It makes better sense to me to allow all fuel to be sold by land owners not just 5%. That would make it valuable
Main game does look awesome, I just hope its everything its promised to be
Again I disagree
There is only going to be 100 000 plots of land ever to exist. <----------- that gives it value
That means only 100 000 plots of land will ever be "active " or profitable . Even if there are 1 million players #🎮〕illuvium-zero 900 000 will only be playing for fun with no practical benefit,
It is an Auction it is meant to ** generate revenue** . Its not supposed to be reflective of ROI also its not mean to be "fair" or "accessible" to everyone as a "retail sale would be.
Also its not necessary for ILV holders to play the game some may jsut see the opportunity in the tokenonmics and want to add it to their portfolio.
It gives it some value perhaps but the way the auction is being run sets the minimum purchase price way above and beyond any potential return, that makes it scammy as hell. No different in effect to a rug pull to those who bought meme coins during a pump.
This:
"It is an Auction it is meant to generate revenue . Its not supposed to be reflective of ROI also its not mean to be "fair" or "accessible" to everyone as a "retail sale would be."
Should be clear to everyone buying
johnny has said multiple times that the ending price, if zero bids, would be nearly 0
i'm not really sure why you have such an axe to grind about this
This is not ture.
Everyone can decide if they want to pay the price.
If you think it's overvalued why buy it to the price then just wait until you can buy it on the market place...
Because thats not true
literally a handful of messages above
at this point you're being purposely obtuse
Im not, Im really interested in it, I think it can have value but in its current form its being sold as somthing it isnt
agian i disagree you entitled to that opinion but i think its ludicrous personally ,. an the purpose of an Auction should not need to be spelled out
To hell with the messages, look at the numbers, 20ETH, 2% price reduction per minute, time limit of 2 hours.
Thats a minimum price of 1.77 ETH
Its a lie, thats not close to zero at all
Thats almost $4000 as the min price
@analog zodiac
ok .... I think you Cleary do not understand the difference between a retail sale an d a auction
retail sale
I have hats I will sell hat everyone lines up and buys a hat for $2 I have enough hats for everyone if i sell out I will order more and you can still get a hat
auction
I have 20k hats I will sell my 20K hats starting prices $100 and will lower my price incrementally once the hats are gone they are gone .
The people that offer me the most money get my hats
if 20k people offer me $100 for my hats and you don't have $100 you don't get a hat its that simple
I understand how it works, if it goes on for more than 2 hours its not sold, it ends, thats the catch, after 2 hours the price will be $4000 for a T4 parcel
literal direct quote from johnny **"...the minimum price will be very close to zero, we will add some kind of floor" **
There is nothing wrong wit that if YOU cant understand that there is no point reponding to you any more good day
Thats the floor, $4000, based on the starting price and rate of decay
sigh
Will they continue for more than 2 hours?
jeff there is no point they are jsut baiting both of us at this point
Im not, I have used the numbers you have provided in the pin, nothing else
you used a community made document speculating what it could be
and are refusing the word of the person literally developing the game
i'm just assuming you're a troll at this point
Wait, nothing said anything about community made.
Pins to offical discord data source = offical data
I guess we will just have to wait and see then
I suggeust implementing a single source of offical data
Uless you are refering to this . this is the only offical "estimate " of land sale prices and procedure and it is jsut a draft and subject to change the prices in this documaent may be raised
ah, i thought he was looking at the spreadsheet arash posted. regardless, same conclusion.
dev tells you they are going to change the floor price - they are going to change the floor price.
not really room for argument.
Yeah I know they might be raised, thats exactly what im referring to
Is this not offical?
Yes this is an offical DRAFT
But prices can only go up from those listed? And 2h time limit will stand?
= Proposed data.
Nothing is official until council votes on the final starting prices and curve.
I mean starting prices
Anything can change. The sale timeline can change, the geometric ratio can change, the starting price can change, etc.
Council will vote closer to the sale. And then it will be official.
Ok thats fair
Thats mental
But then the cryptocalypse happened and maybe our estimates are fine.
What is mental about it?
That they said it was too low
People can use a secondary token. And people have a TON of it.
I gotta remember that. Cryptocalypse. Witty.
You mean sILV?
V2
I want to change the name. But yes.
So peeps, they gots a lots. And so they wanted the price to be high so that the dao would raise more money.
Remember, it’s a peep-based economy.
cILV
cursed ILV
So ILV holders get v2 from stake, use that to buy land and get ILV price higher
The main game and zero wont benefit at all
How do you see the price affecting the main game or zero
I dont but it influences the councils decision making in favour ofhigher ILV prices over game success
People buy expensive, cant sell, price dump, land investors burned, lots of angry investors
It's a dutch auction, we wanted higher starting prices so not all the bots run away with the land.
Theres nothing wrong with astronomical starting prices, but it should run its course till its sold and not be cut off at 2h
I don’t think you’ll have to worry about there still being land for sale after those 2 hours. This community is hungry for land
Maybe better to react on the next proposal instead of one that is already declined by the community?
There are some technical considerations for this. It drops to whatever percentage the council wants though.
Did you happen to see the price drop over time curve? 30 mins in its like less than half price
We can drop it to zero if we want.
I'll take one for free 
Agreed
So why not let it?
Selling for $1 is better than not at all
You try to work that one out, champ.
If it dont sell during the inital offering the prices will dump when it hits the open market
You will know after day 1 or 2 anyway
Whats the total number of people registered or following the project? Can we find this out?
That’s not an answer.
What do you think would happen?
Also not an answer.

I like Aaron's mood today. We vibing
You don’t think it will all be sold with a 90% discount? Because at the end of 2 hours, that is essentially what it will be.
Its still a big number
Not compared to how much secondary token has been claimed
At current prices it would be a gas war.
Does v2 cost gas to transact?
Everything on ETH blockchain cost gas
Its gunna be interesting for sure
Mainnet, isnt v2 second layer?
It will be for sure. I’m going in with the mindset that if I don’t get land, I’m fine with it because that means people are paying more which means more revdis for me
I'm starting to feel like you don't fully understand everything about this project. Might wanna do some reading.
🤣 I only heard about this project 2 days ago, thats why im here. Theres very limited info available
!read
Some important sources of information that everyone interested in and/or new to Illuvium should take a careful look at are:
https://docs.illuvium.io/
https://medium.com/illuvium/9-tokenomics-launchpad-and-reward-details-5894c3b356be
https://medium.com/illuvium/28-everything-you-need-to-know-about-staking-ilv-6669594b2fac
https://medium.com/illuvium/29-governance-yield-farming-and-vault-distribution-faq-7327ae7eb507
Yeah I read those yesterday before I started asking questions
unbelievable the attention these trolls need to be pleased, doesn t even make sense to start a discussion 😅
But i am sure most of them will soon recognize what gem they found 🚀
I’d recommend you go watch as many AMA’s with the cofounders as possible. It may take you awhile, but they go over everything really nicely in the interviews. Especially the earlier ones with Zyonik, Volkin and Onchain gaming. Several good ones there
Many content in #🎨〕community-content
Will do, gotta fit in around work and the rest of my day to day
I agree the AMAs were really good. It does take awhile and there is a lot of information out there, just kind of hard to keep track of it
has there been any solution to the to redemption of people who lost all their money in Silv , or are we just still all beat on that
Hello, Fam, if the team took out the rest 1/3 eth liquidity from the silv/eth pool during the hack it means they have our eth. In last pined message it is sad that silv v2 pool will be unofficial so where is eth they took? Please correct me if I am wrong, just trying to get the point here
That ETH belongs to liquidity providers. You can read through the Medium article about everything happening with sILV here: #📣〕announcements message
sILV V2 pool being unofficial just means the team isn't going to set up tokenomics to support the pool. It means that liquidity providers can, if they wish to, re-establish a sILV V2 LP, but are not obligated to. So it'll be the same as V1.
Hey guys, hope you are all doing well? I am trying to find related information to the Illuvium 0 land sale...is there anything like an overview? I am totally lost on this discord 🙂
Check the pinned messages
And if I had just pure silv before the hack I will receive silv v2 in same amount yes?
Do I understand right that it is possible to switch Eth To V2 after liquidity is givin?
I have no idea what this means.
Yeah, that's correct.
If a Liquidity Pool is established for ETH/sILV V2, you would be able to trade ETH for sILV V2, yes.
Before the hack it was possible to switch ETH to Silv .Many Youtubers have made videos about it, to save money for the land sale. So i asked myself if its possible to do it when Silv V2 comes out.
How can I check that ?
It's certainly possible. I can't emphasize enough - it's up to individual people to decide whether they want to provide liquidity and facilitate trading between ETH and sILV V2, s there's no guarantee a LP will exist for sILV V2/ETH.
I personally expect that a pool WILL exist, but that's NFA 😛
What sites can I find them on?
Are they sites like Sushiswap ?
Want to switch ASAP can't wait 😩 
sILV V2 isn't live yet, so don't be in a rush. The last LP was on Uniswap, because someone with liquidity decided that was where they wanted to provide their liquidity for trading. In theory it could be hosted on any DEX.
depends on where the community decide to provide liquidity, last one was on Uniswap, but prob could be Sushi this time
Ah ok TY guys you are the best 👍

These guys really are the best. 
Any news on the land sale? Haven't seen anything in the announcements
i kinda looked into the ygg giveaway. what does illuvium have to do with it? and is this kinda like. send them a pile of established currency that you convert to ygg so that they have a strong investment base. Then they pay you back 300% at some point?
I thought the YGG giveaway was an NFT. or was there some currency prize as well?
This post from kieran in #📣〕announcements is the one to look at. Plus there is also a post on the official medium page. #🔗〕helpful-links
Just an NFT cross promotion
Hello people !
Hi!
PSA: DO NOT Buy, Sell or Trade ANY sILV
-
sILV v2 release will be announced in #📣〕announcements (ETA unknown) ( if there is nothing new in announcements there have been no updates)
-
Illuvium will not be making an official pool for sILV V2.
-
sILV was never meant to be traded (it has no value outside illuvium)
-
An unofficial sILV V2 pool is not guaranteed and may not happen right away <--------------
**FYI: Trading sILV v2 will
- be unofficial
- not be supported by the DAO
- be at your own risk
- have inherent risk
DO AT YOUR OWN RISK!! **
What's going on ???
There is no IZ beta? Or is that launch after land sale mentioned the beta?
After land auction
Hahaha
thanks a lot for your reply 🙂
are there any dates announced already 😄 ? Because again I do not find what I am looking for 😂 those discord servers grow waaayyy too fast, if you don't check them daily lol
Not really much dates known atm, keep an eye on the #📣〕announcements
ah okay, I thought the Illuvium 0 landsale happens in January 😦 thank you!
Sadly it got delayed :(( Probably late Feb or March now
thanks for helping out 🙂
Will you only be able to play illuvium zero if you buy the land? Or is there a f2p option
You don't need land to play
T0 is the free to play land. T1-T5 is the land that will be purchased in the upcoming Dutch auction. The T0 land has no earning potential while the other tier lands do.
Hmm I do like earning potential though!
!land
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 .
just to be clear this is the Alpha in the terminology used in the IIP, it will be fully functional but it won't be connected to the blockchain
the public beta for IZ will be launched at (roughly) the same time as the main game public beta
appreciate the info!
will the land sale take place on IMX?
That seems very unlikely.
There may be a different gas saving possibility that the team uses though. But at this point we are still waiting and watching.
what might be the starting prices for a Tier 2 land?
1.5 ETH is the starting price shown in the initial draft of the Land Sale proposal. However, that's not final and starting prices may change in the official proposal that is submitted to the council to be voted on.
Keep in mind the sale is in a Dutch Auction format... so the Tier 2 price would start at 1.5 ETH and decrease by 2% every minute over a 2 hour period until plot is purchased by someone.
Last we heard was 2.5x the draft IIP which was 1.5 eth but with how the market has been lately changes a lot. so who knows 🙂
Hey mods, could you please set up a polling bot in here too ask how many people plan on buying land vs revdis vs no way jose? im interested too see what the level of interest for land is, so I can feed myself hope that I'll snag a tier one (just got 2 ILV during the dip
)
Just want to make sure you are aware; you can't buy land with ILV. Only sILV V2 or ETH
No bots. But you can try coming up with a reaction based poll
eta on land sale?
2nd half of Feb is my best guess
Anyone knowledgeable have a reasonable guess at what the cheapest land will be avaliable for?
Since it's going to be an dutch auction it's hard to predict how low it will go... It's possible if people can't get the higher tier that they wanted, they will overpay for a lower one. It's also the first land sale here.
@empty path Do we know what the cheapest ones will start at?
The starting prices has been declined by the community. We are waiting for a new proposal. I'm guessing cheapest land will start at least at 1 ETH.
But since it's Dutch Auction price will go down until somebody is going to buy it.
Awesome thanks
Were they declined in favour of higher prices?
Community was afraid bots would just insta buy them all and turn the whole sale in a gas war.
Kinda would destroy the idea of an Dutch Auction. I think price will be doubled or even more to start
OK, makes sense. But is higher pricing likely to dissuade this type of bot action?
Dutch Auction has a high starting price. Actually the idea is, it starts overpriced.
Then price goes down over time until somebody is willing to pay the price
This should stop bot insta buying the listing
OK. So it is the 'overpricing' that should stop the instabuying if i understand you correctly.
Correct
Haha, I pretty much repeated what you typed, but my smooth brain needs to do that to remember sometimes 🤪
Oh no worries, took me months to get the little knowledge I have so far 🙂
Hi
Why not crank the starting price WAY up to like 10k ETH, then increase the degredation rate and extend the time limit?
your very tenacious about trying to get everyone to agree with your point i ill give you that. but the community had a big debate on this and there was a consensus among the community due to various factors one being the amount of silv in the wild and gas wars and bots
That the prices were far to low that is taking into consideration the 2 hours limit
I still disagree with you underlying premise and have read the comments in anther channel yesterday . , Hypothetically if they start at MAX and they sell at max that is a good thing I also think the floor should be high at the end of the 2 hours as well as this is supposed to be generating REVENUE so if 20k people wanted to buy all the land at Max or close to max or even the 2 hour floor that is a good thing for many reasons .
Haha i have to be but I will drop it, theres clearly no interest.
But if the land isnt all sold due to over optimisim ittl really hurt
just my personal speculation I would be very surprised if any of the land gets anywhere near the 2 hour limit before being bought.
I understand how everyone thats here can be super excited about it, but I think you need to consider its value to investors who may have no interest in the game and look at it as an investment.
From what I can see buying land is just a donation to the DAO, no return, money is better placed in buying ILV directly
Just take a step back and consider if you dont hold ILV and the DAO isnt important to you. Is land a good investment? I personally dont think it is, that money would be better spent on in-game purchases
How far would $4000 get you in game?
I think we have to wait for ingame items price before to be able to say if lands are more/less profitable.
We know we will need fuel to play. Depend on how much we will need and how much lands product fuel
Yes thats my point, we know 5% of fuel will come from land owners and its by design so they cant have an overweight influence on the game.
But as an investment, you have to sign the contract before you can read the details and know what its really worth
Well…IMX Immutable still having significant issues ugh. Glad land is delayed til they sort things
Some people want to flip it and maybe while theyre holding to flip they can try to earn from it. Some are thinking long term cause they know that fuel will be used in different IPs in the illuvium universe. Some wants to play the game and earn and dont really think about the cost as much.
I was initially planning on buying as a way to get and endless supply of fuel, but it appears you cannot use your own fuel, you need to sell it and buy it back
But would it be worth it if fuel isnt worth much?
No one knows, you can get Blueprints (Skins) aswell and noone can says how much they will be worth
Yeah, if its all on imx and theres no gas fees for the transactions then its just burdensome to sell fuel for eth then use said eth to buy fuel in illuvium. But it still gets the job done of being self sufficient
Yes in the upper teirs, and it is likely to cost to produce said skins
The whole game is pay to play more than play to earn
You can find it with tier 1s. Everyone has access to a scanner
Thats good news
wen silv 2
Heres an estimate
if u take a look in #💬〕general aaron answered it some minutes ago
oh wow great news! thanks
It’s free to play.
I mean the main game, if IZ is any use to you in the main game you have to buy the land
I mean the main game
Re: your edit: it’s not necessary. Your initial comment was a good valid one, I think in your situation I’d save for marketplace purchases to upgrade faster and potentially earn more. Just my opinion.
your overviews are amazing!
Thank you! Ill make sure to let the team know your kind words
Earn more but with higher cost
Hello everyone, sorry, but does anyone know, what is this (Landmarks) on tier 3 and tier 4 lands? Although if i wanna buy more than 1 piece of land, am i going to be able to manage all this lands, or i have to choose only one of them? Thanks in advance.
There’s still many unknowns, but some YouTubers like @high sleet breaks down the possibilities very well on his YouTube #🎨〕community-content
First Check pins, all the info /charts on that are there hun. And YouTubers like @twilit bough & @random oracle has great videos on land #🎨〕community-content
It's really so helpful to be able to see all of this presented in simple, bite-sized pieces of clear info. Thanks Dad and team!
One more question, what do i need to buy a land, except of ETH at my wallet? i have read that i have to stack ILV for getting access to Land Sale.
You are good to go. Land sale is public
you can buy with eth or sILV... sILV will have the same value than ilv when buying lands.... but DO NOT BUY sILV now as they are waiting on getting sILV L2.... the old one will not work as it got scammed
question, when silv launches it may be higher than ILV due to the bearish market. What happens then?
How do you think it will be higher?
🤔
well if they're launching silv with the same investment from when they froze it. Won't it be around 500-550 dollars?
That's not how it works ser
I think they mean same amount of tokens not fiat value
okay cheers
is there an update on the first land sale?
As far as I understand it will be possible to play Zero without buying land? But in that case you can not use or sell produced resources in game?
Correct.
👍 thx for confirmation and ultra fast developer response 😉😂
Someone please help me info ,$ilv still has potential? Can it be back? I'm Asian
I’m reading through some of the pinned documents and I really love the idea to build a production in Zero and to interact with the Illuvium economy
But land prices will probably be to high for me to afford 🤔
Hello everyone
Whenever the market goes back up, ILV will join the rest. Same as most other alt coins. Most follow the trends of BTC / ETH
Hey Guys, Perhaps im reading too far into this but interesting to get eveyone elses thoughts -
The current price of the land sale (prior to inevitable increase) was clearly based off something. Assuming team has done the calculations on the potential returns based off the number of players that will be playing this game (100 mil being thrown around). As we can assume the land is going to be snapped up ASAP, most likely at the new ceiling price (1 to 1.5 eth for #1) this will then be essentially overpriced, No?
So instead of banking on returns, we will be hoping the value of the land will increase
which is still very possible, but just a point i thought id raise. ITs difficult trying to do these calcs without the actual cost to play this game. Just food for thought
the number of player s playing #🎮〕illuvium-zero is irellevent . only 100 000 plots of land will ever be "real" everything else is just for "fun" and no not overpriced
@high sleet did a recent video that tackles this really well in #🎨〕community-content
Sorry I was referencing the number of players playing the actual game, not illuvium zero.
So the idea with the raised prices on land is for people to NOT snap them up immediately. With the current prices, the community felt that the purpose of the Dutch Auction could not be achieved. (Super high start price that no one would buy at, with a quickly declining price, and then people buy at the price they are comfortable at, which reduces gas wars significantly). So ideally, the higher prices they introduce will be high enough to discourage people from paying the starting price. However, even if buyers do decide to buy everything at the new possibly 2.5x prices, that is lots of ETH flooding in which goes straight to revdis. So all good there. I won't speculate on returns on land though since I don't care; I am only interested in land to be able to play on it
Side note: havnt seen you, you doin ok buddy? Just checking up with you 
land has really nothing to do with the main game at all
I have been around really into ME2 Playthrough .. Miranda 😍 also offline stuff. but yea ok . How about your husband ok ?
Interesting, thanks for the clarification. I was under the impression the land generates resources used in the actual illuvium game hence the connection. My Mistake 🙂
You are partially correct there; landowners produce fuel which is sold to players in the main game, so they are connected, just not fully
Oh cool! And thanks for asking, mild concussion, CT scan all good, just need to rest a few days. Says he’s feelin better already 😊💗
it does it creates 5% of the total fuel but the land owners swap the fuel for eth so there is really no comptetion
Solid 5% isn’t it?
That swapping is annoying, not gonna lie. I’m not up to speed the reasoning behind it, and not able to use for personal use. If anyone had a moment to explain I’d appreciate it. Is it because how the blockchain is set up?
I checkt the iip and your right editied
Okay , sorry for the confusion. To clarify the amount of players in the main game will have an correlation to the value of the land due to the demand for resources. Although the fuel created by the land is only 5% of the total fuel created (with the other 95% being from?)
I think it has to do with the DAO providing their share of the fuel. They need to see your 1 fuel come in to the liquidity pool so that they know to put in their 19. But from what Johnny has explained, in the future they plan to make it all simplified UI-wise. It'll just be like clicking a button, and you can either choose to sell or send it to your wallet. If you choose to sell, you'd just get the ETH, if you want it for Illuvium, it would just send it through the liquidity pool first to trigger the DAO adding their share and then it would bounce to your Illuvium account. At least that is how I understand it (could be completely wrong)
95 %created by the dao
Like Solar said, it'll come from the DAO. So the way to think of it, is for every 1 fuel that you produce and sell, the DAO will make 19 themselves to make up that other 95%
Thats really intersting, Thanks Kyriffin. Do you know why this was set up like this? Is it to redistribute revenue to the ILV token?
No one knows quantity of players but I think if anyone's making safe bets. Axie infinity is my starting point of 2 mil
Yeah very true, I have just heard Kieren goal of 100 mil. So thats what I used in my clacs for land worth
60 000 beta application in less than 24 hours is not a bad stat either
Where did you get these details? I would definitely like to read up on how lands work once I purchase them.
Just to keep the control of fuel price within the DAO. If the landowners supplied say 50%, they could all decide to not sell, and pump the price. The DAO wants to keep the fuel price pretty stable so that pricing for traveling and curing shards etc. will cost more or less the same every time.
Can’t remember exactly. It was during one of the earlier Kieran interviews I want to say.
Also if you haven't read the sale IIP yet, I'd highly recommend doing so. There is a good bit on the third page about how the DAO will control fuel pricing. It is under the "Change to Illuvium Pricing" header. Here is the link to the message: #🎮〕illuvium-zero message
Hi, do you have to be on a whitelist to take part in the land sale (when it happens)?
Nope land sale is public
lol someone was trying to scam me then
haha close your dms
I'd love to know how many right now
Yeah I remember this too. Land vid plz
got to be 100k at least
At least up to 100k now. Grant posted on his insta that we got to 100k in the first 24hrs. Insane
I know its obviously hard to say now, but do you think I stand a good chance of actually getting any land on the sale with 1.5 Eth (hoping to get tier 2)?
Working on some content and I'd love to know if I use 200-300k as some of my baselines you know. But good to hear
At this point, 200-300k is probably pretty close to the actual number of submissions. Though I'm sure they'll give us the total # once apps are closed
i dont know about a tier 2 since those are looking to be starting around 3 eth.. but should be able to get a tier 1
Could you imagine 2 days after launch when fomo kicks in
Crazy. Can't wait to see what happens
Thanks for the help just trying to get up to speed with as much info as possible, does anyone know a potential general date for the land sale at all??
Crazy that there have been that many submissions. Especially for PC only. Mind boggling.
Thanks!
Valid point ✨
💁🏼♀️ @muted moth
Yea I saw that. Crazy that if we knew the link we could have just gone and signed up
Did they say anything about what they are looking at to make their decision on the 500 besides gpu?
No not really, but they did mention they want you to play everyday, so probably looking for people that said they can spend a lot of time doing it. I'd also imagine they would like to choose some active community members since those are the people most passionate about Illuvium and most willing to do a thorough bug test. And also people with prior beta testing experience of course
Holy no bloody way. Genius! I guess we would have needed to guess the url though?
I dont remember a door between the main illuvium page and play.illuvium
time to call off work lol
4090s good thing i have two of those 👀
So by the time the illuvium land sale goes ahead, will we still be charged really high Eth gas fees when we buy a piece of land? Or will illuvium be on immuatable-X by then with no gas fees?
Wait are 4090s a thing
lol nah just a joke Aaron made.
I was like since when lol
with the ways gpus go... probably next week itll be out lol
You’re not wrong
I spoke too soon. VeVe continues having IMX immutable migration issues
is there any update about the land price, or it's still TBA ?
Still tba
thanks
Woah so ILZ is coming out before main game open beta? Guess it makes sense so we can farm resources
The offchain is coming out but its treated like a "private beta" but open to all
I needed to show you some love, many more people should follow you on twitter!
I saw that you even made them in Japanese this is great, thank you!
Thank you for the kind words!
We're trying to make our infographics available to as many people! We recently onboarded a german translator. We now have over 6 different languages!
Not only that, come next month more things are in store!
Would there be any reason for someone who is not going to play the game to buy land?
That depends on the resources that can be farmed and their worth, that is yet to be seen
Unless its just speculative
the only reason would be to sell the land on the illuvidex ( not yet released for ) profit
This sounds very interesting looking forward for next month 🙂
Quick question, can I buy land with ILV ?
Quick answer, no
You'll need ETH or sILV v2
Thanks !!!!
Late Fed / March
thankss
Is there going to be big gas fees when buying land on the auction through the illuvidex??
Still no news about when the beta will launch right?
Nope not yet
Devs said beta testers will be choose next week.
Hopefully not but no one can predict it
At least the team tries to have the lowest possible gas fees
Hi. Where I have to have the Eth in order to be able to auction the lands?
Metamask
But sending the Eth from binance for example it's going to cost me a lot of gas fee isn't??
From binance to metamask I mean
Yeah, you'll have to pay gas.
Ok thanks
Do you think will be possible to participate in that auctions with a low capital like $100 or something like that?
You mean if you would be able to get land for $100?
Yes maybe up until $200
U can add 2 zero i guess
I'm afraid it's going to cost more
They will probly up the T1 price to 1 eth, and lands will go at max price i think
@signal raptor So you think the T1 land will be around 1 eth?
Probably yes
Firdtly, price was 0.5 eth but community wasnt ok.
T1 is the lowest tier isn't?
they will probly up the price to 1 eth, yes lower
Wow that's a lot I can't imagine a T5 land price
People are guessing T5 will go over a million
Play the game
That is Illuvium. Land sale is for the Illuvium zero, the mini game
10$mil😏
@empty path is metamask confirmed to be the only one we can use to participate in land auctions?
T5 a million after few months probably
I'm not gonna reply to this because I'm not 100% sure.
But i think the will modify diminish return from T3 to T5
Ok thanks
What price range we looking at for T4
First suggested price was 20 ETH so now it will probably go to 40-50
Firstly they have to modify bonuses from T3 to T5 i think.
Actually it's cheaper to buy multiple T1 than T3 - T4
And I know the devs said they don't have a official pool to buy Silv v2 but it'll be an option to buy somewhere the token?
Not as of now
No no I know the proposed new prices, I was wondering about your or anyone’s opinion on where it’ll be bought at, thank you. I probably should have worded my question better
Not much should be open around late February
Also they are coming out with sILV V2 for the V1 pool got compromised so they will be sending everything that had V1 the same amount just in V2
All right good to hear wasnt sure how much you had missed just making sure you knew
@upbeat flume #🎮〕illuvium-zero message <- Land Tier Info
Hello there, any guess about when will be the land sale?
for starting to stack silv is possible now or is all stopped ?
hey, i've got some SLP staked, but my sILV rewards may be enough to buy only T1 or with some lucky T2... we will be able to buy the new sILV using ETH somewhere? or i'll be able just to buy separeted (using sILV and using ETH)? i'd prefer buyin one tier bigger... maybe T3 or even a T4... Thanks
Don't buy sILV right now - Until sILV V2 is live, sILV is a worthless token. The land sale won't be live until Staking V2 is live, which we don't have a date for.
thx, so if I want to do something to be confident in illuvium world what can I do? 😄
Right now, you can buy ILV. Staking V2 should be live relatively soon.
oh great, it sounds good!
It's not guaranteed that there will be a sILV V2/ETH liquidity pool, but it's possible someone will set one up. If they do, you'll be able to buy sILV V2 with ETH.
which exchange should I use about you to buy some ILV?
!buy These are the recommended ones. There are others, depending what country you're in, so DYOR.
We recommend buying ILV either on Sushi (Decentralized Exchange) or Binance (Centralized Exchange)
Sushi : https://app.sushi.com/swap?inputCurrency=ETH&outputCurrency=0x767fe9edc9e0df98e07454847909b5e959d7ca0e
Binance: https://www.binance.com/en/trade/ILV_USDT
Trading pairs available: ILV/BTC, ILV/BNB, ILV/BUSD and ILV/USDT
If you acquire your ILV on Sushi, make sure to add the ILV token to your wallet. You can find the contract address at https://www.coingecko.com/en/coins/illuvium and in the case of MetaMask, you can just click on the Fox next to the contract address to add the token.
Here is a video that goes into detail how to buy ILV and stake it afterwards: https://www.youtube.com/watch?v=C6YugU4zZr4
thx a lot ! I will do!
ONLY metamask? Wont any ETH wallet work?
Anyone that tells you what its going to go for is only fooling themselves, it will go for whatever people are willing to pay for it, thats how markets work, inherently irrational
Personally $200-400 for teir 4 if it were allowed to go that low by the council, in line with other metaverse projects
DO NOT BUY SILV! IT IS GETTING ENDED
Hahahaha not that low it’ll probably be somewhere around 80,000$ I think, I just wanted other peoples opinions
PSA: DO NOT Buy, Sell or Trade ANY sILV
-
sILV v2 release will be announced in #📣〕announcements (ETA unknown) ( if there is nothing new in announcements there have been no updates)
-
Illuvium will not be making an official pool for sILV V2.
-
sILV was never meant to be traded (it has no value outside illuvium)
-
An unofficial sILV V2 pool is not guaranteed and may not happen right away <--------------
**FYI: Trading sILV v2 will
- be unofficial
- not be supported by the DAO
- be at your own risk
- have inherent risk
DO AT YOUR OWN RISK!! **
Thats your opinion, I respect that but disagree.
T4 may go in the inital sale for >$8000 but can then dump on the open market
We are all entiteld to our opinions
true. However it s also true that some opinions have no basis in logic or reality
This is the distribution of bitcoin holders, you should expect the same sort of distribution across the cryptosphere.
With 200k people following Illuvium how many people can afford $80000? 3.19%, thats just over 6000 people that can afford at least 1 parcel each.
100000 parcels are being sold (in total, 20k now), I guess its a dice roll if they are all into it enough to go all in
Im backing my opinion with numbers at least
Also seeing as many wont invest all (or more likely at all) you can reduce that number significantly
Ah I should up that number to 9.54% and 18000 peeps
Actually no I shouldnt
It should be lower to remove those with <2btc
illevent number s are still irelvent .... anyway im not getting in tothis with you again , the community consensus was the prices in the draft were way too low and there for the IIP is being re Witten for higgher prices. Will see the new draft when comes out .
Just my opinion, but it is based in reality
can they just confirm the prices already ?
🤣
refering to what my opinion of wat you are doing
Indeed
Not to get deep into this discussion, but it has piqued my interest. I would recommend perhaps a sort of normalization from your Bitcoin distribution, as Bitcoin is 6x price of Ether. Like if you converted that distribution into USD, then scaled based on Ether price, may be a more accurate distribution.
waiting is so hard
I realize Im jumping in mid-discussion so that may have been mentioned already
more like end of discussion for me at least @analog zodiac has been ranting about the prices since they join this discord
Thats okay, Im just using btc as an example of what the general holdings are overall, yes it would be better in USD terms but I cant be bothered doing the math
Fair enough. Sorry, Im more interested in the math and statistics than the actual outcome....apologies to the group
I bought a couple silv for land sale (old price) in December.
If the land price increase, then the silv I bought is basically useless, unless I sold it or buy more...
don't appologize for interest in math, more people should be 🙂
Indeed, end of discussion
If anyone wants my further opinion, DM me on it, ill do my best to not interject with my negativity in future
the channel is better with diverse perspectives
Not agreed by all
well that's their perspective, isn't it 🤣
I'm wondering if people do spend a lot of sILV (most of it) in the first land sale. Will sILV be used up in the first land sale and in the sale of Illuvials so that for the 2nd land sale land prices for the same types of land will be cheeper? If so, you could save it for the 2nd one.
f or the record I never said you should not express your opinion . I merely stated they go against what the consensus of the community in general . Which is why the IIP is being re written , ** you are most welcome to express your opinion but not all have to agree with it** , furthermore actually one of the lead mods opened the land sale discussion again specifically for you #914732662609043456 message'
Discord is the easiest way to communicate over voice, video, and text. Chat, hang out, and stay close with your friends and communities.
And closed it again before any discussion happened
Im off, gn
yeah that's my plan, If I were not able to buy one in 1st sale, I will see if I can make it at the second one
Would you be interested in using it to play the game, if nothing else?
well that depends on which ever come first, 2nd land sale or the game 😆
When I was looking at the numbers at the end of Dec, there were only 4,400 wallets with sILV, so with 20,000 lands, it seemed like there may be the possibility of some land selling for lower prices after the super interested purchased land the first day or so of the sale.
It gave me some hope as a buyer. I know others are hoping the land sells for higher to use up sILV and to collect eth revdis.
but one holder might purchase multiple land though
True
Well wouldn’t that be something
Guys I haven't made any effort to curtail this discussion but this chat is not the land sale price chat.. this chat is about the Illuvium Zero game
dudes tryna mind control you guys into selling t4 lands for 400 bucks apiece 🤣 I guess most people figure they'll think about the Illuvium Zero game later.. it is a builder game and you try to optimize resource outputs?
I’d start a thread or reopen an old one again but I can’t anymore. Security I guess. Let me know if you think it might be time to open something land sale specific and I’ll ask. Or could just get more mod eyes in here.
Thank you! Man I was gonna say, idk where this channel was goin 🤷🏼♀️ was always my favorite but kinda off the rails
when the beta test ?
o/ all, do we have an idea of the production of fuel/ress in I:0 ? Regarding what will cost items to craft ingame. I mean, will we be able to craft ingame items with I:0 production in like 1,2 days, or more like 1-2 months ?
Wen Illuvium: Zero Logo?
This is a good question about IZ but I think the answer will only be available after some DAO meetings closer to the main game launch. It would be base on data report from private testing, our data scientist and economist's analysis/suggestion, and DAO debate etc.
I personally think it's reasonable for T5 to cumulate for a few weeks of FUEL to exchange ETH enough to craft some okay weapon, or only a day to craft items like T5 Shard etc.
Who are we selling output to if it launches before the main game?
Seems reasonable.
Whatprice tag would you put on an"okay" weapon?
It's planned to wipe open beta of IZ up to the date main game launch.
Cool
You don't get the P2E in IZ open beta before main game, but you have chance to mine Blue Print and keep in your wallet for future use.
It will be right after land sale. Game is ready now and CTO now have time to write more code for new exciting feature/function.
Wouldnt that mean rolling back the chain? Or would it be off chain?
Most data will be in the game before main launch, only the Blue Print and Land will be on chain that you can store in wallet
so the buildings and game play data will be tested and wiped
If there are other on chain items they will not be transferable and kept. (in IZ beta)
Farmed resourses arent on chain?
I understand that, im just trying to think how the back end will work.
If all the code is there to farm resources and sell them on chain but is disabled in the client, will there be potential for minting to the chain if that code was somehow enabled?
There are a few approaches like using fake token and replace them, use internal beta chain etc. I am not nerd enough to confirm that.
Im not nerd enough to know I could be spouting utter nonsese 🤣 im just trying to understand the game
Do you want to read my finding of the IZ economic? #🎮〕illuvium-zero message
That is some understand of the game 🤣
Sure, thanks
Thanks, I'm actually trying to know if it's better for me to buy a land (T1) or save the money and spend it ingame because I plan to play a lot. You partially answer to my question, i guess we now have to wait for numbers :b
Yeah your choice is flexible, wait for more information while enjoy thinking about your strategy to invest
Some very good points here
Its concerning that the land owners are at the mercy of the DAO, Where to have a say in the DAO you must hold ILV, not land
When was the land sale planned to happen before the hack happened?
No date was given, but we were guessing around end of Jan which is now
And the hack happened 31DEC? Is that right?
4 Jan for the sILV
Ok close enough,
What im getting to is, that with likely 4 weeks till the land sale (before the hack) why is the productivity of the land still not decided?
It is one of the core reasons for buying after all
I don't think it's an accurate way to just plus 4 weeks. There is audit, sILV v2, marketing. Let's leave these to the team and focus on IZ game here. Wait for it and we will see
I think it would be nice to know the productivity of the land, that way we can know its value, but that’s not happening until the land is sold out, I guess
Hmm, i dont think so, or i missed something. If I buy something, i want to know what i am buying ^^
But the value of the fuel depends on how good the revenue is, which can only find out after the game launch, otherwise it’s just predictions.
Value or usage of fuel can be changed by the council as far as im aware
If they say the price should be lower, then its lower and value of land is low, then they can privately buy land, then decide fuel should be expensive again thus land owners get screwed
That’s so dark 😂
Value yes i agree with you, but for me, the important thing is the production, because fuel and ressource will be used to create ingame items. The fuel value only affect you if you want to sell fuel directly for money
Personally, i see land as an ingame booster
not as a passive income
Me too
If it can be done, it will be done, we just need to make sure the council members get rotated regularly, it might prevent that sort of thing
there is currently no limit to terms ( 3months ) the same council members can be voted in indefinitely if the "community "votes that way .
Nothing wrong with that I dont think, assuming they are doing the best for the community
If your talking about fuel competition land owners don't "sell fuel " they will trade it to a balancer for Eth so there is no competition between land owners
If you talking about the land sale any individual is allowed to buy land so there is no " privately buying land"
If your talking about fuel prices here how it words as of the land draft
Revenue Distribution
Land owners will have the opportunity to earn revenue from players in the main game through novel use of a Balancer multi token Weighted
Pool. They will do so by swapping fuels they generate in game for ETH.
On the other side, players in Illuvium will swap ETH* for fuel, which is
used to complete all transactions in the game except for IlluviDEX trading between players.
The target will be for land owners to be able to earn approximately 5% of the total revenue generated from in game purchases in Illuvium. This is
achieved by the Illuvium DAO swapping 19 fuel for every 1 fuel swapped by players o
Fuel (which is required for all in-game interactions) will not fixed to USD. Instead pricing in game will be a fixed amount of fuel. This, however,
would cause fuel prices to fluctuate significantly depending on the actions of the land holders. Instead, the DAO will automatically supply or
withdraw fuel from the balancer pool if the price differs from the base price by more than 25% in either direction.
Practically, this means if demand for fuel is higher or lower compared to the production, the price of actions in Illuvium can increase or decrease
by up to 25%. This gives agency to land holders to sell when the price is high, and also players of the main game to buy fuel when the price is
low.
Council can at any time adjust the parameters of either the base price for fuel, or the percentage variance allowed. They can also adjust the
approximate percentage of revenue received by land holders.
Its that bit at the end im referring to about council members being allowed to adjust the base price, variance allowed and revenue recieved
yes they are allowed to do that as per the IIP
The council members dont have to own land, or they can own as much as they like, but can control its value
Or rather ROI
they can't control the "value" as in the secondary market if you wanted to "sell" your plot . But they can control the revenue yes that is esscial to control the ecomics and enure the land owners recive thier aproximataly %5 share of the fuel sales .
Yes I get you, I wasnt disputing that.
But by controlling revenue you directly influence the value.
They can also adjust that 5%
I believe adjusting the 5% would require an IIP - not 100% about that though
Might sound stupid but what is "IIP"?
DAO members are selected by you and me so we have to trust them for making decentralisation works. They have to be agreeing to values that are suitable for the DAO’s (our) interest.
Illuvium improvement proposal - its a official document that the community discusses and then the council votes on
Also Kieran have the final ‘no you can’t do that’ executive DAO vote
Are they not selected by ILV holders? I believe you dont need to hold ILV to interact with any part of the game, please correct if im wrong though
Yes only ILV can vote on council . No you do not need to hold ILV to play game
This is off topic but I will quickly answer, DAO members are selected by ILV holders for the best interest of ILV holders, and we believe the best interest is to develop a fun game and enjoyable for a long term.
I thought executioner DAO was like 4 or 5 peole ?
So it is theoretically possible for the council to put their pockets before the success of the game and its players.
5 DAO members or you can call them Illuvianti
technically but you would need a majority of them to do that and the executioner DAO would stop them
Who votes that in?
1 executioner DAO as safety key to say no if strange things happened
no one its the founders I belive
Ah ok, and what are the odds of them going against the council? It wouldnt be seen so well for that to happen
Those people would be difficult to win elections, and the chance to have all of them are like that is very low.
@autumn island this is getting off topic discussion about the dao are belter in what channel general?
Can we stop here, it’s off topic for this channel
@analog zodiac please read about how DAO works, you can find out about our last election in #809220334862860299
Hi I got some on-topic questions I was hoping someone could answer:
- Wen land sale?
- When can I buy assets for Illuvium Zero?
- Any idea when we can first spend our sILV?
- When will the first dutch auction take place?
Excuse my crappy spelling
Sorry I have to delete your message and hope we can discuss it on another channel to keep it on topic
Shocking stuff
Agree, this aint about ilv zero
I am happy to keep discussing it with you, just need to find a right channel
all unknown please see #📣〕announcements if there is nothing new there it has not been updated
I didnt want to go there, I dont see the point discussing that
Land sale would be the first ever event to spend your sILV, that's the plan
I am hyped for Illuvium ZERO too, can't wait to own a plot and call it sweet home.
wish you good fortune on your ambition
If Illuvium grow to many titles and all use FUEL as planned, the limited Land/FUEL will be bigger than what I can imagine now
If this scenario causes higher demand for FUEL, would it be possible to increase the FUEL price more than +25%? Or set a new higher FUEL price standard?
Yes, if it become reasonable to adjust the FUEL price, DAO will vote for it. It’s designed to give agency to player but also control the price stable for main game players.
Thanks 🙏
Would the gas from illuvium zero be useful for the whole ecosystem later in other games besides?
Same fuel for other games that released later or would that be another land sale for each specific game
? Any idea? Thank you
Hey markm! Yeah-- Aaron has mentioned before that the fuels from Illuvium: Zero are intended to be used in future games as well!
One mention was here: https://discordapp.com/channels/760344898200666112/791148476218081321/929282016040611900
Awesome thank you….hope the land sale goes off well too and hoping to pick up a lot to use gas myself
Markets and politics going haywire but have some hedges now so that helps so much
I have a question regarding fuel. To landowners who can make some of their own fuel. Are they able to send the fuel they farmed from ILZ and end it to their character in the Illuvium overworld? Or will they have to use the balancer pool to exchange for ETH, then back to fuel in game?
They’ll be able to transfer fuel from ILZ to the main game, but that will just be a bit of UI magic what will happen in the background is what you described
hi
Yes. It does mean that. People seem to think they can still 10x their money for some reason
exactly i dont really know why people think this
people buying it simply for profit or ROI are missing the point of the auction
right if you buy it at the top price nobody is going to pay you higher than that for the ROI then is just not worth it
I love it when people compare it to other land sales that WERE NOT Dutch auctions. Like bro, do you not understand that the highest price is already being paid. You are not going to be 2x or 3x your money anytime soon. If ever, the game can flob. People should buy it because they want to play the game.
yes they are setting it 2.5x what i SHOULD be and then people buy it at that price and try and sell it for even higher. And i just find this funny because once they buy it and realize taht they cant do that they are gonna be pissed
Lol. It’s going to be glorious. Greed will be their downfall.
I know, cant wait to see their reaction
Yes you are right. You don’t need land to play the game. It just enhances the main game But the rest is your opinion. I for one love building games. I am an architect so it’s in my blood. But the point of what we were discussing is that lots of people they they are going to get some crazy ROI from reselling the land because they are comparing it to other land sales. Which won’t be the case
Agreed.
I’m probably not buying land but I think it could do. It depends how profitable the land actually is. Which no1 knows when they are first buying it. If it’s more profitable than expected the price will go up.
So just cos someone wasn’t willing to pay that much to begin with doesn’t mean that they won’t later when they know more
FYI there is no official buying and selling of fuel directly form players also there is no direct competition between land owners . - AFAIK you cant even use your own fuel atm ( icould be mistken on that point"
Revenue Distribution
Land owners will have the opportunity to earn revenue from players in the main game through novel use of a Balancer multi token Weighted
Pool. They will do so by swapping fuels they generate in game for ETH
On the other side, players in** Illuvium will swap ETH* for fuel,** which is
used to complete all transactions in the game except for IlluviDEX trading between players.
The target will be for land owners to be able to earn approximately 5% of the total revenue generated from in game purchases in Illuvium. This is
achieved by the Illuvium DAO swapping 19 fuel for every 1 fuel swapped by players of Illuvium: Zero.
5% is the total revenue actual land owner revenue is beased onthier personal procution
depends on the value and economics which hasn't been released and they are planning of using fuel in other games as well AFAIK
Will there be another source of fuel in the main game ? Or all fuel will be provided by I:0 ?
No it all comes form #🎮〕illuvium-zero the landowners contribute %5 the DAO makes the other % so the prices stay somewhat stable
I see, and what if not so much players want to buy fuel ? Or the opposite, land owners plan to stack fuel too much ? Will it create a penurie ?
Johnny said the fuel is transferred to your wallet which is directly usable in the main game. I assume fuel will be on illuvidex too but don’t know?
Players never sell their fuel directly to other players as far as I know.
Yes but since fuel only come from I:0, there is a world where land owner stop to swap for ETH and no more fuel for main game
I maybe miss something
The left over owners will need to pick up the slack, and will profit greatly
Also couchMega Citiescough, hmm hope im not getting sick 😉
I feel like once players actually know the value, if worth it, you'll have to buy for much closer to starting bid since players will be willing to invest more. Unfortunately it wpuld seem like the time to buy for the possible best price would be when the benefits are unknown.
Guess it's really a coin toss
There will be no slack, its built into the game
individual landholder earnings are a stable 5% of total are earing as simply based on what that individual landowner can produce.
example:
1 landowner only produced 1 unit of fuel to swap to the balancer they get whatever 1 unit is worth in ETH
if another land owner produces 5 units they get whatever 1 unit of fuel is worth when swap to the balancer x5 in ETH
so it really does not matter how many plots of land are active as the DAO produces 95% of the fuel so there will never be a "shortage"
Is land owners can choose if the prefer to keep the fuel or swap to ETH ? Or it is automatic ?
that is a grey area I'm not sure its been specifically stated if a land owner can use their own fuel or if they have to swap in I0 it and then buy it again form the balancer in the main game
Then all the fuel would come from the dao. There is no scenario where the players of the main game can’t play.
Keep in mind that any cost that requires fuel can also be paid in sILV. So if fuel costs go too high then many players will just buy some sILV and use that until the fuel costs normalize.
Im expecting fuel to be pretty volatile in the first couple months (like +/- 50% price swings) as they balance all the moving parts as well as adjust for a rapidly changing number of players.
I hope they allow for direct trading of the ERC20 fuel tokens against the pool as some good arb bots could really help with price normalization.
So if fuel costs go too high then many players will just buy some sILV and use that until the fuel costs normalize. Im expecting fuel to be pretty volatile in the first couple months (like +/- 50% price swings)
That is not possible according to the IIP
the DAO controls the price of Fuel
- Instead, the DAO will automatically supply or withdraw fuel from the balancer pool if the price differs from the base price by more than 25% in either direction
Regardless of what the IIP says, I was told by multiple people that the 25% range was not a hard coded limit, but would be the goal range controlled by a number of input factors.
There are gonna be a lot of moving parts and I expect that things wont be perfectly balanced at first.
you can believe what you want to believe . I will personally wait till the Final version of IIP is voted in that will be official and binding "fact"
I know you like links so I found these for you. The exact mechanism of how it works was not worked out at the time of the writing of the IIP so I guess we will have to see what route they decide to to take.
my point being both suggest 25 % you stated 50 % which is what i was originally disputing , that's double the amount I don't think they would or should let it get that high 25% should be the hard ceiling and everything should be done to keep it below that of cures that is jsut my personal opinion
Well if we are using a liquidity pool its probably impossible to put a hard limit on the price bound. If someone made a huge buy order like 50% of the pool volume the price would change to keep the pool in balance putting it well outside the 25% range.
Now the DAO could have a bot operating to make an opposite transaction on the pool and quickly bring it back into balance but it would only operate reactively. There would still be a huge wick of the price going up from the one transaction and its likely that anyone with a limit order against the pool would fill their order outside of the 25% target price range.
They can do a lot to try and normalize the price but there are some realities of liquidity pools and freely tradable ERC20 tokens that cant be avoided.
In the long term im sure they will be able to get FUEL prices into a nice bound like they want but I wouldnt be surprised if things are a little funky at first.
The range for fuel is not hard coded at all. Personally I would remove the bumper rails after seeing it stabilise after some time.
I agree let the market decide then make adjustments
But I’m always for market pricing.
You might find that no adjustments are needed and it works with supply and demand
After the first 2-3 weeks it should stabilize
My comment is based on the Draft IIP wording . I assume it will be reworded in the New Land IIP ?
It’s not hard coded in the IIP though. It has a suggested limit. That limit can change.
ok cool thanks for the clarity
Is it safe in here yet?
https://tenor.com/view/spying-investigating-stalking-binoculars-peeking-gif-14539272
Itll be on the Illuvium.io website.
thx
They built a Illuvidex site to host everything
Hi so I bought 1 ilv ages ago and I see that it completely crashed does anyone have info on what I should do?
whats this mean? i am simply asking for help cuz i heard we are getting reimbursed and idk how to ensure that
Sorry to hear you lost some in a bear market dude
Not financial advice clarification need are you talking about ILV or sILv
SILV
you don't need to do anything but wait a few more weeks or so as long as it still in your wallet
Great thank you for help
Thanks for clearing this up
Fuel in IZ is not on your wallet, in blockchain terms it needs to be minted and sold to the pool, in game terms it it needs to be transported through a structure (the Zero-Point Transducer) in to the market
we will likely make a 'transport to self' action on the Zero-Point Transducer... but beind the scenes it stills get minted and sold in to the Pool, then purchased back
Will be be able to buy fuel from the pool if we need it to pay for building construction costs? Or would we just pay a fee directly in ETH or something?
It would be nice if we could use the fuel our land produced from IZ in the main game.
you can, but you still have to transport it, its a fungible token its not like it matter if it is 'your Fuel' or 'someone elses Fuel'
yes, there will be actions to transport Fuel in to your IZ land
And im assuming as long as the game on L1 'transport' will be a wallet transaction that requires gas?
if it is L1 it will require gas
if
if its not L2 day one, it will be a high priority to get it in to L2 as soon as possible
Hello I am new here, can someone please tell me if game is released or there are any events I can join?
Not released yet
neither game is released, the private beta registration for the main game is open, but do note it will be for a select group of users
Thankyou..😊
You were talking about releasing some data of fuel production, conversion rates, and some other game data from the alpha? Any chance we get to see some of that stuff soon?
We need some new IZ leaks to fawn over 🤣
Well tell Aaron and Ben to hurry up, I want to start crunching some data!
I have decided I don't want to be part of Closed Beta for Illuvium Main.
With the land sale coming up, and my intention to purchase multiple lands... how can I focus my full attention on both Illuvium Zero Beta... and the Illuvium Main Closed Beta...
I don't think I could give the quality of feedback to both that this project deserves.
Thus I will focus myself to Illuvium Zero Beta!
*Alpha
just to make things confusing IZ has Alpha and Beta and main game has Private Beta and Public Beta
Ahhh thanks for clarifying it
(Alpha for IZ isn't private)
So, I shall be an Alpha hero, and do my best to provide quality feedback!
And leave the Illuvium Main Beta for the other less awesome people (who have much better videocard than me 😜 )
I am imagining IZ will be like the beginning phases of StarCraft or Civilization where you are building different buildings and upgrading them. Is that right?
@amber atlas when does the promo trailer come out for IZ?
I'll have to talk to Andrew, we've been using the extra time we have to uplift graphics which is almost done... don't want a video without the latest and greatest
Yeah good point.
And I am guessing you also don't want to release it too early.
Need to wait for the V2 stuff to be sorted so that there is a clear path to landsale and IZ launch, thus release of Trailer will capitalize on hype
Are there any plans for interaction between players in IZ?
at this point in time no.
but there has been some discussion that in the future there may be ability to build Cities, and wage war with others...
but that could be 12 months or more before that happens...if at all
i think a more accurate description would be an "idle city builder game on Mobile"
BUT, in the future, who knows what it could become, and what additional game Genre it could connect with as part of the Illuvium Lore
Quick question, if i want to buy a land, ETH have to be on erc20 or they can be on bsc ?
ETH network / Binance network
thanks 🙂
Best to wait and see which network the land will be sold on.
However the expectation is that it will be on a L2 Ethereum chain (such as IMX).
So im 99% sure that ETH on Binance Network is a No
the illuvidex will most likely be on l1 to start ERC-20 as planned unless they pull one of their epic miracles and are able to get it on L2 form the start -- it being on the binance network has the same odds as winning a mega lottery odds ( not at all likely)
Thx
Check out the pinned docs for a ton of detail. But land is for IL Zero. It’s a mini builder mobile game at its core. You earn fuel and resources. Fuel is worth some unknown ETH amount. Fuel is used in the main game as well. You can also make blueprints for skinned items for use in the main game (and sellable / NFT).
Some other guys can probably provide even more detail but I’d read the pins if you have the time for the most detail.
Thanks but where can I find the pins
top right of your screen
Oh I did.
Bro that game is difficult af to understand lmao, there's a lot of content and graphs pinned here and i'm new to ilv. If i buy and 0.5 eth tier 1 land it'll be enough to farm some fuel/itens for when the oficial game launchs?
Thx and in a simplified way, what will I earn for buying an T1 land? Dont know very well how that blueprints works and if i'll earn some with just 1 t1 land
Before the main game, you will play for fun (and blueprints but i dont think we will be able to craft BP with T1 in a short time) and after the main game launch you will farm ressources/fuel
Nice, thanks bro
sup
Ah no... waging war against others is exactly why I don't like games like EVE online, because you have to defend your territory all the time and be part of a Guild and all that stuff.
Being able to wage war against others would be absolutely TERRIBLE news.
I do would like a secondary mine with stuff that one would want to have as extra "base"
My idea: Say you have a mine far underground that spans a couple of plots of land, and due to it being under multiple lands, those people will all aim for the rights of the entire mine.
Fighting over that mine would be a completely seperate thing from the above ground facilities so fighting would be optional.
The rewards for holding the mine could be a mineral for a different game, or something to make all the skins just have that extra oompf. So basically extra cosmetic and holding it has no benefit to the actual game ILV zero, but holding it and using it would show you are a dominant player in Zero.
The thing about Illuvium so far is you can choose what style of gaming you wish to participate in
Hi
I believe it would be a completely opt in type thing.
And at this point it is only a maybe.
So I think calling it absolutely terrible news msg be over reacting a little
Disagree 100%. Conflict keeps games alive for longer. It would be a gift to be able to pvp. Anyway it is not going to happen.
I doubt zero will be replayable, but look forward to building a city at least once. I hope ilv zero becomes a fun minigame.
I dont see the pinned doc that explains the land concept
The first one is a bit old and has some outdated info but between these 4 you should get a pretty good idea of how everything works
@little moon thanks!
the first set of blueprints is small, but easy to get, you should for sure get at least a couple of them if you play actively (regardless of land Tier... excluding f2p of course)
I am very much onboard for some kind of conflict driven base-building game (in the future) ... but it won't use the 100k plots of land that make up the Illuvium world
(...maybe we can take it to space...)
tower defense or rts!!!!!!!!! but yea, having lasting* repercussions from a battle would be horrifying. Id rage destroy everything in my house if i lost a battle and had my land taken
yeah, it would need to be carefully crafted... you want some risk, but not lose an NFT worth 10k kind of risk (or maybe some do want that risk... but it shouldn't be the baseline)
maybe like a wagering system in order to gain rewards. stake x amount of fuel you have saved up (or resource). otherwise the battle sees no gain/loss
I like ideas that revolve round some kind of linked network... if you disconnect from the network you can still build stuff, etc, but you need to connect to the network to discover the best stuff, attack other players, etc
but connecting also means you can be attacked)
you don't lose your home base/ship/land but you can lose what's on it (and what you send out to battle)
that would really increase the utility. I've been involved in the fancy birds social media campaign and that took me into seeing how much more accessible mobile games are. along that same path, I'd imagine opening up offline progress would really draw in more third world folks, which make up a HUGE untapped market
have you heard anything about wagering for main game?
it has always been in the design, as seen by screen shots "Fighting for 5ETH", etc... but it is not a focus right now, a lot of legal landmines to navigate
step 1: get a really awesome, balanced, competitive game going
What would be the timeframe of getting a blueprint?
the balance hasn't been finalised, and there is a luck element, so there is no answer to that now, other than the very high-level timing implied by my comment above ("you should for sure get at least a couple of them if you play actively")
And the value of the blueprint is essentially some small amount of ETH every time that pattern is used in the main game, right?
ah yes, random luck and drop rates everyones' favorite
blueprints don't really work without randomness... the whole point is that you can get something which is, although not technically unique, one of a small group
(and possibly one of one, at least at first, and permanently if you are the only one to get something before the set ends)
so basically, do your Illuvium Zero play every day 👀 imagine a set ended with 0 received 🤣
ILVZ daily playing for sure
Love the breadcrumbs!
When land sale?
we are thinking late February
Any news about silv refund
not quite yet as of now just hold it
Thx for letting me know
Is it a legit request: A compensation form to be filled out in order to get the compensation due to the sILV hack? I saw that on tweeter, but haven’t seen any announcement here.
It's not a compensation for the sILV hack. It's for the scam that happened here in discord.
I see, Thank you.
How did the scam happen actually? Just for the general understanding, how did the wallets get compromised?
One of the bots got hacked and had @ everyone permission.
Posted a fake mint link in the "Jobs channel" (This channel is gone now)
It said 0.1 ETH for a special NYE NFT
When you "minted" you actually send 0.1 ETH to the fake contract and allowed it to drain your wallet
Oh I See. I completely missed that because I wasn’t online as much during those holidays. So the only real threat is currently by clicking on some shady links from DMs right?
All DM's are scam
That’s why I have disabled all DMs right away
hey, i've got some SLP staked, but my sILV rewards may be enough to buy only T1 or with some lucky T2... we will be able to buy the new sILV using ETH somewhere? or i'll be able just to buy it separeted (using sILV and using ETH)? i'd rather buyin just one tier up... maybe T3 or even a T4... Thanks
Hello, I have my old silv in my wallet. Should I complete the form?
No, this is not about sILV.
thx for answer. maybe you know how I will get sil v2?
You sit and wait 🙂
roger that
Hi everybod
that is not up to the illuvium team really, somebody would have to make an unofficial pool for that and remember use it at your own risk!
Hey guys. Looking for update on land sale date
No update yet.
Where will the illuvim zero land sale occur?
Eth layer 1? Or?
Most likely going to be ETH L1 yea. The team is looking for alternatives, but currently they don't think anything can support the IlluviDEX which is the platform that the land sale needs to run on. If it were to be on a L2, it'd probably be IMX, but again, highly unlikely for this first sale
Which ERC20 tokens did you lose in the attack? *
what do put in this question? "sILV token" ??
The form is not for sILV, but for the discord attack.
oh okay when can we use our sILV again?
Never, you'll get new tokens.
oh okay thanks man
Ah man, so hard for the average joe to partipicpatie
Is there any post or blog or something that lays out how to prepare for the land sale when it does happen?
you should check out #🎨〕community-content there are some good videos on how to prepare
Thanks!
I would recommend checking out Scoriox's videos in community content, he has a couple that I watched and they were really informative, especially if you're struggling with figuring out a game plan!
Buy land farm fuel catch Illvials sell them retire happy!
Hello everyone, is there an estimated timeframe for land, I Want to know if I should hold eth or if I can do other investments
No official timeline no. If it were my guess though, seeing as we are now at the beginning of Feb and staking V2 isn't live yet, I wouldn't expect land until March. Now that doesn't mean it can't come sooner, I just think it will likely be in March. If in February, definitely later in the month
thank you very much, Ill make other investments in the meantime
I really think you will see staking v2 first and then land sales. It already been said they don’t want to do land says with the high gas prices as they don’t think it’s right. I heard this with one of the interviews and there time line says v2 first then land sale
Yep. In fact, V2 HAS to come first since people need their new sILV to spend in the land sale.
Is the first land sale over?
Will we only be able to pay with the rewards of staking or also with ILV token?
You can pay with either sILV (the new one) or ETH.
Thanks
Dropping this here. We sat on this for a long time trying to get more info on the next proposal but ultimately decided to release and just update when need be.
that's some juicy stuff there.. I sure hope the price goes up for ilv in the mean time cuz with those numbers I just dropped down a tier lol
Yeah it seems a bit hard to get a tier 4
The prices of land got updated or not yet
Not yet
Should keep the initial draft but just make tier 5 public instead of silent
Prices are too low on initial draft
What is it about that sentence that you don't understand?
oh i understood it
So the land will be minted on eth layer 1 but will the gaming interaction with building stuff onthe land thats needs to use transactions also be on layer 1 eth?
Asking cuz mybe if im lucky i just get one land but do t have enough to constantly pay for eth gases
Think I dropped to teir 0 lol
Can i buy land with my ledger wallet or we need metamask ?
You can connect your ledger wallet to Metamask
Ok Thank you 👍🏼
Buying a land will generate you resources that are used to upgrade shards right?
I just want to post memes
The new prices will be harsh with the recent drop. I hope that not all T3 will be sold near starting price.
If people buy at the top it's good for revdis and most likely they use up their budget
Bro is 1.25 eth true. 🥲 🥲
It's what Kieran mentioned in his ama with Polemos. It still needs council approval. Please keep in mind in Dutch auction it's not intended to buy from the top
True but the demand is so high. It'll not go down. not much anyway
Then let's just hope people but through their budget for us to snag something cheap
You guys have budgets!?
Lets see how this first sale goes. No one is forced to buy and in case you want to buy its probable yo can wait some time till price lowers
I got a cupboard full of Macaroni and some sILV LETS GO
Yes I want to spend max 6k for 2 pieces of land
Good luck
Hmm it it would be good to limit the number of land that a person can buy, but i'm not sure it's doable.
Perhaps 2 T1
\
where can i read the land sale info?
Pinned messages
i still cannot find it
Info on how the 1st land sale will run can be found in the proposal draft here. Keep in mind, this isn't finalized. The official proposal still needs to be submitted to the Council to be voted on and some variables could be updated in the final proposal 🙂
I need more silv
how much fuel a site produces/day?
Not known yet. Probably won't be something we know until IZ is playable.
that's sad
I'm sure it won't take long to figure out though, but it would definitely be useful info. Maybe a future leak?
they had promissed enough info before sale so we could make our calcs
It seems like land sale probably won't be until at least March (otherwise I'd assume there would have been an update) so presumably we will before it happens, but who knows
they released some great info now, and that they expect fuels prices to fluctuate 25%, we only need fuel site income now
really excited to see what it ends up being!!
does anyone know if the entire 278 plots per batch will be released together each hour or will it be gradual over 60 minutes?
All 278 in a batch release at once
everyday just waiting...
arent we all hah
wen?
When silv v2, desperately wanna see that value back in my wallet haha
Hey Nyte— I think we all do
And it’s looking like a couple more weeks at least. Kieran’s latest message was this
will the land sale take place on IMX?
Not confirmed yet, but probably not. Seems highly unlikely IMX will be ready to host the sale in time and up to Illuvium’s standards
word so where else would it go down? open sea?
The problem is that it will be forced to MATCH the maingame spending. Or at least be directly correlated. So there’s no true way to actually set a predetermined price point on that.
No. On the illuvium website. On the IlluviDEX. It’ll just be on ethereum network though.
!imx is a layer 2 network tool not a website.
Illuvium uses Immutable X as a layer 2 solution. This means that you won’t be charged network gas fees within Illuvium and instead only need to transfer funds between the Ethereum Mainnet and Immutable X. This keeps the player's cost of doing business low, maximizing potential gain. For more information about Immutable X check out https://www.immutable.com/
but if they wanna keep the price inside a 25% range, then they have a price target, and we know that a travel will cost $10
But how many will need to buy $10 of fuel to travel? 10,000 users per day or 10,000,000 per day? They also don’t know how many of each type of fuel site will even EXIST until after the land NFTs are minted. If the team estimates how much fuel will be needed then they are estimating how much revenue they’ll be receiving which would then imply how much revdis ILV stakers will be receiving. It just doesn’t seem like they’ll ever outright make such estimates in clear and public ways.
But there’s some math that could be done… and has been done by a few people on the discord (pinned somewhere I’d say) and youtube even. The ultimate goal would be to have more eth revenue to buy ILV than the amount of ILV getting unlocked and sold. One Rough estimate is 50% of unlocking tokens would be sold. Let’s say that’s about 100,000 ILV per month. #💰〕token message
Based on that baseless assumption above… Ideally (at current ILV prices) that’s a minimum of $2m in fuel purchases per day. (But of course more purchases means more better.) Only like 5% of that would go to land owners. With 47,438 fuel sites that would be like $2.20 per site per day.
There’s a different estimate calculated in a spreadsheet pinned in here from a long while back that puts it closer to $6. Seems a bit blindly bullish to me.
The reality is there’s too many variables to know. Anyone can make something up using logical numbers but it’s a hard call.
Fuel production would need to increase as the fuel consumption increases. But the DAO will continue to sell the other 80,000 land NFTs and that’s gonna be the most obvious significant way to increase fuel production. But those new lands would likely take a little bit of time (or significant cash investment) to ramp up their fuel production.
The fact that they give only 5% to land owners makes me think they only care about stakers
If a land bring about even 5$ a day, why the heck are they so expensive. How much time will it take for a T3 buyer to get inversement back. A century?
Don't forget the fuel you produce you can sell and the blueprints ...
Oh 5% is not the fuel the land owner will sell, it is a passif income aside from blueprints and fuel selling?
But isn’t supposed to burn the fuel in the prosess of travel
The 5% is for the fuel selling not a passiv income.
hey m8 yeah working on some stuff. yeah 5% is for the selling not passive income. Having a land doesn't mean you'll get 5% passive income. gotta work for it
Oh dayum
Hi
100%
but remember guys, this 5% could be changed through an IIP
I would defiantly be 100% against that . #🎮〕illuvium-zero is a mobile MINI game as for revenue it not supposed compete with the ILV staking or the main game. IMO 5% is generous
@oblique basin see above regarding your comment about stakers .
individual landholder earnings are a stable "5% " of total are earing as simply based on what that individual landowner can produce. Which is dependent on how my progress the landowner has in developing the productivity of the land
example:
1 landowner only produced 1 unit of fuel to swap to the balancer they get whatever 1 unit is worth in ETH
if another land owner produces 5 units they get whatever 1 unit of fuel is worth when swap to the balancer x5 in ETH
so it really does not matter how many plots of land are active as the DAO produces 95% of the fuel so there will never be a "shortage"
Maybe today, but w more gameplay content, I’d love it. I don’t think it’d compete because it’s so different. For example I much prefer base builders and the mobile games that are around now to the auto battler and exploration (main game), just a personal preference though. I’ll play both but I’d for one love to see ILZ get way more in depth over time.
How do you know 5% is generous? We have no idea how much that 5% will translate to in dollar amounts. What he's saying is that if land is NOT profitable it can always be changed to help so the mini game does not fail.
As i said above . its a mobile mini game .
Also remember there is only ever going to be 100 000 plots of land active land released over the next couple of years ( 5 landsales at 20K land per sale ) .
Which means it doesn't matter if there are 1 million people playing #🎮〕illuvium-zero . 900 000 will just be playing for fun and lore no other practical reason .
So really the chance of it " failing" is very slim if all the land gets sold to "someone" wether they use it , just hold it.
I dont see how that really has anything to do with what I said.
The only point I'm trying to make is my man said that if land isn't profitable it can be changed in the future. That's it
I am saying i would eb against making it more " profitable"
Why
lluvium-zero is a mobile MINI game as for revenue it not supposed compete with the ILV staking or the main game. IMO 5% is generous <-----------
Anyways i stated my opinion. Your welcome to yours have a nice day
If people are spending tens of thousands of dollars on a plot of land I don't think we should trivialize it because it's a "mini" game. And again 5% of what we don't know yet how that actually translates to $$.
Ok, you have a nice day too.
Ok bro idk what your deal is but you obviously have a problem
we can agree to disgreee on where the problem is to LOL
One of the things people tend to overlook is that fuel will be used in future IPs. Which means that land owners are getting 5% from Illuvium game and may get X% from a future game or games
Pretty sure Aaron also said land would produce something for every future game they make
@long tendon @empty path I searched both Aaron , Kieran , Ben and JohnnyA for mentions of Fuel the only relevant thing I found was this for JohnnyA maybe you are better at searching than me #🎮〕illuvium-zero message
You check this out: #🎮〕illuvium-zero message
Heres the link to Aarons comment on fuel: #💬〕general message
Arron put an s at the end of it that's probably why it didn't turn up in my search 😆
Took me a while but this is the comment I had in my memory
@long tendon your both better a search fu than me . thanks for your help this just proves 5% is more than generous .
I am still not in any hurry to buy land Ill stick with ILV staking thank you 😆
Its all good! I have a tendency to remember these things. Glad to help shed light in the matter.
what is the Illuvium ZERO ?
Minigame, check pinned messages
wen the sale?
If only i knew that, also is there a price public yet?
This is based of the available information but still subject to change.
Looking forward to buying IZ fuel for my car to drive to my Hearts Ablaze girlfriend! 
so t1 will be about .5 eth and Is expected to be sold out completely?
If it reamins 0.5 eth they will be sold at 0.5. Just my guess.
will metamask be supported?
Yes
That was the initial draft. Expected to start at a higher price. And its dutch auction so everything will sell out eventually
They said we would see roughly a 2x on initial prices for most T1-3
What about T4
They said priced pretty well overall will be less if any increase
Ohhh that’s very nice to hear 🙏
Whales will T4 it up since no at5 chance
So I’m assuming you are also still planning on grabbing one. Ahh I hope we can grab them
At about 80 tokens now all depending on price
Oh damn you are really staking them up now I think I’m up to like 75 rn
Could grab 2-3 T3 lands and call it a day
Aww don’t give up just yet we got this 👍🏼 you just have to believe
Or just go T4 and sell off the sILV left
I would go T4 But 3 T3 does sound very profitable
I feel that 3 T3 would be a lot more profitable than 1 T4 because there are so many more gas and element sites on it
Just have to take in account the time aspect and also with 3 T3s you can farm a lot more blueprints
What's everyones latest prediction on how much eth a T3 will be? I wish I could get one in every region but probably not gonna happen
Any info on staking v2?
Not yet but the team is certainly going all out on it. The launch seems mostly dependent on audit timelines and what fixes are needed post-audit. Guessing it will be around mid-Feb ish?
Thanks!! 
will land owners receive eth/ILV when someone buy fuel with sILV?
Fuel will be sold in ETH to the DAO which can be bought on the other end it’s two independent transactions
People won't buy fuel with sILV, they will use it in place of fuel. The only way to buy fuel is with ETH
With the starting prices being 10-12 eth you would think they would start going for 8-10 on average. I hope they go cheaper but who knows..
Starting at 10-12 ETH the expected price will be around 50-60% of it by design
Some whales will hop right in while some will hold out for the price drop
I am going in if it hits about 60% starting price
Yes I think you will get so much more fuel in the long run with 3 T3 you will just have to be on a heck of a lot more
I’m still trying to decide what I want 🥵. 12 fuel and 15 elements or what is it 27 fuel and 36 elements? Correct me if I’m wrong for the 3 T3
But the T4 has a fuel landmark that’s what is making it so difficult to decide
Just the random of how many nodes and which landmark you get
If you get a landmark and only two of the same node it’s crappy 😂
Same if you get 9 of the same node and the landmark to boot massive gains
Will make the secondary market interesting since we will know the comp land and nodes
If you luck out with solid RNG the land will be worth more
What will you be able to do with the resources you get from your land? Some you use for the base game, I get that. But will you be able to sell other resources you farm on the illuvidex to other players?
Yes. Fuel will be the main resource sold to other players. You need fuel to move between the higher level zones and catch Illuvials and so on. Blueprints will also give you a passive income stream when they are used by other players to craft things.
Can’t lie, exact thought crossed my mind past couple weeks
It’s 3 DAYS of sales, keep that in mind everyone. I see this weekly on VeVe NFT drops: as soon as the marketplace re-opens, prices are at its highest, then drop after a few hours
Thoughts on whether we'll be able to purchase sILV in a roughly similar way as before post-new sILV, pre-land sale? Other than existing potentially on an L2 vs mainnet, I'm struggling to think of any other barriers/difficulties as to why this wouldn't be the case
I don't think there will be a pool up by the time there is a land sale. We would need a whale to do it, but there is a chance
PSA: DO NOT Buy, Sell or Trade ANY sILV
-
sILV v2 release will be announced in #📣〕announcements (ETA unknown) ( if there is nothing new in announcements there have been no updates)
-
Illuvium will not be making an official pool for sILV V2.
-
sILV was never meant to be traded, speculated or circulated (it has no official value outside of the illuvium ecosystem)
-
An unofficial sILV V2 pool is not guaranteed and may not happen right away <--------------
**FYI: Trading sILV v2 will
- be unofficial
- not be supported by the DAO
- be at your own risk
- have inherent risk
DO AT YOUR OWN RISK!**
Honestly with weeks of rewards accumulated I cannot see a whale not making a secondary market
Hey does anyone have a link for a good explanation of Blueprints and how they work?
Today we dive into Illuvium Zero, the mini game coming to the world of Illuvium that has direct impacts on the main Illuvium Game! Be sure to join the Illuvium Discord to stay up to date!
#Illuvium #IlluviumZero #NFT
Illuvium Discord - https://cutt.ly/ZyoniKIlluviumDiscord
0:00 Intro
1:00 What is Illuvium Zero
2:58 Fuel ETH Sales
3:45 Purpose ...
oh it's coming for sure
I sure hope there isn’t a pool. Less competition for the rest of us they way
Would the same be true for multiple T1/T2 vs T3?
this one is interesting now. The reason being between a T3 and a T4 its not going to be too much of a time difference till each one reaches max production, because the T4 only produces 12/9 (the number of element sites on a T4 compared to a T3). 1.33x that of a T3 (but this is less because T3 has an elemental landmark attached to it). However when comparing a T2 to a T3 a T3 is 9/6 which is 1.5x more effective meaning it'll take a little bit more time and to add onto that a T3 has an element landmark whereas a T2 does not. And when comparing a T1 to a T2 a T2 is 2x as effective as a T1, so all in all the time difference from a T3 becoming max compared to a T4 is a lot less time than when comparing a T2 to a T3 or a T1 to a T2. But once they do hit max efficiency you will be happy that you bought multiple T2 rather than a T3. another factor is when comparing gas, 2 T2 = 1 T3 whereas 1.5 T3 -= 1 T4. So seeing this data I would say that all though itll take a lot longer for your T2s to get to max they will still net you more gas and elements than a T3 will.
Guys, any word on if Zero will be a browser based game or an in App Store game?
Interesting. thank you for the detailed reply!
I will try to aim for T3, but it will depend on new prices and the auction
It will be on multiple platform such as PC MAC web and mobile, the team is still trying with apple store, no news yet.
Thank you, just to be clear: zero will be on desktop as well? Because I thought it was always touted as a mobile mini game, unless I made a wrong assumption