🎮〕illuvium-zero

[ivory bough]

After V2. Date unknown

[sharp gate]

🙏🏻

[jagged brook]

V2 this week? 🤩

[queen folio]

Hey Taharqa! The new sILV2 token may be situated this week. And then V2 staking is likely to follow possibly next week, according to some comments from Aaron earlier today 🙂

#💬〕general message

[oblique basin]

Do the holders of the previous silv have to do something to receive the airdrop or it is automatic

[muted moth]

It won't be automatic; what we need to do will be announced soon #❓❗〕community-help message

[vivid cipher]

@unkempt parcel check the pins in here. Look for the pdf documents. The land will be for use in this game. It’s separate from but economically integral to the main game.

[marsh summit]

Bro the pinnns will set you free

[near wagon]

is 2nd haIf of february for Iand stiII accurate?

[tulip perch]

wow I c This is where i need to be !

[empty path]

sILV this week
Staking v2 next week
Land sale 2 weeks later

[unkempt parcel]

Can you explain what you mean by silv this week?

Sorry guys bare with me I’m new to the project but I’m literally in love and I can’t turn my brain off. Send help

[cosmic aspen]

there was an issue with the sILV contract being exploited a while back - it was solved by pausing the minting ability and flooding the liquidity pools to make the token worthless, so a new version needed to be sent out to the "pre-exploit" holders as well as the exploit being patched to form a permanent fix

that permanent fix is occuring this week

[cyan dew]

Will the landsale be on L2?

[empty path]

I believe Aaron said the landsale will be on L1 but the NFT will be on L2

#💬〕general message

[cyan dew]

So there will be gas war?

[empty path]

No, that's why it will be an Dutch auction

[cyan dew]

Wdym?

Is there not always a gas war at dutch auctions or public sales?

[empty path]

The whole point of Dutch auction is to avoid gas wars

[cyan dew]

Aaah got it thanks!!

[timber sapphire]

When will land prices be announced?

[timber sapphire]

So we wont know the prices beforehand?

[empty path]

I'm sure there will be an announcement

[abstract crown]

Will we buy the lands through open sea? Or is it like directly through the illuvium website?

[empty path]

Illuvium website

[abstract crown]

Thanks again

[reef echo]

Well thats awesome news! I always miss these announcements

[empty path]

There was no announcement, Aaron just casually mentioned it in General.
Always good to look up messages from Aaron / Kieran to see what they have been up too 😄

[reef echo]

those random mentions from Aaron and Kieran is what I meant. That's a great Idea just to look up the messages thank you.

[marsh delta]

Do we get to know what can we earn and need for Alpha test?

Any dates yet?

[vivid cipher]

We won’t earn anything for testing. Everything will be wiped at the maingame launch. Well I guess the one asset we can still possibly hold is the blueprints.

[marsh delta]

Okay, thanks and what is that blueprints and what does it do?

[vivid cipher]

#🎮〕illuvium-zero message

#🎮〕illuvium-zero message

Checkout these posts. And some of the other pins.

[near sentinel]

Will the land NFT images look like Decentraland plots? Or will it look cool like NFT Worlds?

[queen folio]

I may not fully understand this question... but I assume the NFT images will look like Illuvium: Zero plots-- how cool they look will be up to everyone's own personal interpretation, I guess!

[near sentinel]

Decentraland plots are literally flat 2D colored pixels vs NFT Worlds is a 3D render of the land you're getting if that helps clarify my question.

[queen folio]

Ahh, I see! Given this team, I expect the NFTs would look good (we're pretty spoiled, right?)
Maybe someone can leak some NFT image art... coughJohnnycough 👀 😏

[near sentinel]

From the leaks it looks like pixel plots but idk

[muted moth]

This is what the general style will look like; note that this was the pre-alpha version so a lot has been added since, but this is more or less what you can expect: https://www.youtube.com/watch?v=qZrAlOQgdpY

[near sentinel]

Nah I’m talking about the NFT image representing the land

[muted moth]

Oh ok. This might be it:#🎮〕illuvium-zero message at least this is what it will look like in the IlluviDEX post-sale

[near sentinel]

Yea will be sad if it’s just pixels lol but I guess it’d be an undertaking to render 20k plots of land

[muted moth]

Yea

[vivid cipher]

Especially when the composition of the plots are randomly generated when minted.

But the team does like to use placeholders in their leaks.

[near sentinel]

Yea I just feel like metaverse land has definitely evolved and improved in terms of quality since when IZ was first announced. Just trying to compare the first impression value of land to the typical meta verse land enjoyer 🤷‍♂️

Guess we’ll just need to wait and see how strong the marketing team is for IZ. Surprised they haven’t started that yet considering land sale is potentially 3 weeks out

Also from the tone of kierans latest interviews he seems to really downplay the significance of IZ. Got the vibe like “community kinds forced us to make this while main game comes out” or “don’t be too excited about land vs illuvitars” etc etc

At least that was the impression I got. Could just be me..

[muted moth]

Yea Kieran is definitely excited about IZ don’t worry; he says he’s planning to buy 200+ plots lol

[near sentinel]

Lol I mean he prob gets 200 plots worth of yield from his sILV daily that statement doesn’t surprised me one bit haha

[floral locust]

If the goal of the studio is to get the main game out and polished, he might be doing a dis-service over hyping land. I think there is plenty to be excited about it but no reason to over hype

[muted moth]

You don’t get yield from sILV

[near sentinel]

I mean to say he gets sILV yield from his staked ILV position…which he can use to buy plots lol

[muted moth]

Ah gotcha

[floral locust]

right which for a whale is a good way to diversify

[vivid cipher]

He apparently has some ILV that he got off the market that is staked. But he doesn’t get yield from his team token allocation.

[terse sable]

If you own a land in each of the provinces in IZ and build a scanner and researcher unit in each province, will you be able to incorporate all the illuvials you find and mint into your 1 account or will it be multiple accounts that don't interact. Do they combine into one account that can each land use all the elements and fuel combined into one account?? Will the person who owns all the lands be able to use all the illuvials found and minted from the different lands into one account?

[vivid cipher]

You just get the bio data from the illuvials (not the actual playable illuvial) but I’m not sure if that data is linked to plots or accounts. Probably plots. But once the blueprints are minted those would be held by the account.

[terse sable]

Will the elemnts and fuel from the separate lands be usable at different land sites if you own multiple land sites?

[vivid cipher]

There will at the very least be a cost to transfer stuff between plots. It might not even be possible.

Someone else probably has a better understanding of what Johnny has shared though.

[terse sable]

That would be very important to know if you had 1 Tier4 land and 5 Tier 1 lands... if you can use the elements and fuel from the tier 4 after the Tier 4 has been fully built up.

Or for example Kieran said he might buy 200 Tier 1 lands.... could he use elements and fuel form the different lands?

[vivid cipher]

I’d imagine that could be a future benefit from getting the right plots for a megacity.

[terse sable]

Could be.... But I was thinking about triing to ge illuvials from each faction.... it would be nice to have 1 land in each province...

Could we find out more information on this?

[velvet tundra]

I am sure if I can afford the land

[amber atlas]

Resources on one plot are not available to another plot, but planned feature is that you can use your Zero-Point Transducer to send resource to your other plots for a fee (Fuel cost), megacities would operate like one big plot and thus wouldn't have this requirement

Scanned Biodata and Researched Blueprints will be at the Illuvial account level and thus shared... Blueprints once minted in to NFTs operate like any other NFT (attached to an address)

(note: neither of these features exist in the Alpha, in the Alpha each plot is completely standalone)

[muted moth]

Is the plan still to release alpha shortly after land sale? And it’ll be open to all landowners? Or everyone?

[amber atlas]

yes shortly after land sale

open to everyone if we are happy with the experience for someone who doesn't hold land (thats the plan)

[muted moth]

Awesome

[amber atlas]

if we feel it is a bit sparse we may make it a little more limited

this would still be downloadable/playable by everyone, but restricted on the store in some way so a casual can't find it

[willow creek]

Hey guys, is there a ballpark ETA for land sale? I know we don't have an exact date - but do we even have a quarter?

[muted moth]

Should hopefully be in Q1, early-mid March. It is supposedly good to go as soon as the Staking V2 stuff is finished up

[terse sable]

Thanks Johnny for answering about my multiland question👍

[nimble sierra]

Are there any trailers for Illuvium Zero gameplay available?

[empty path]

I don't think there is one atm but I think the team did say they have one ready for the land sale announcement?

[waxen kiln]

Hi, question: can someone maybe explain to me the pro's of owning land regarding the actual gameplay (and cons of not having any land)? Will it be more costly to play the game or could you also do without owning any land?

[umbral badge]

You 100% do NOT need to own land, to be able to play

[earnest prism]

The pro of owning a land is that you can produce resources and sell them to the illuvium 's market

[austere fulcrum]

Is it available in Mobile

[umbral badge]

Illuvium Zero (the land game) will be available on Mobile and PC.

The main Illivium game won't be yet (maybe in 12-16 months)

[austere fulcrum]

No problem i will wait for it patiently

[umbral badge]

Owning land allows you to play the game to earn resources to sell, to scan for blueprints which can be used to craft skins for the Rangers, which you can sell.

LAND OWNERS are expected to earn 5% of all in game revenue...
(Which some people are expecting revenue to be $2B per year... so 5% of that is $100m/year split among the 100k lands, and then weighted based on fuel sites and gameplay efficiency)

[umbral badge]

The above snapshot does not factor in Blueprint earnings, or the effect the Landmarks may have.
Nor does it factor in the time/cost required to maximize the fuel production and conversion efficiency.

It purely gets the total fuel sites among the 100k lands, then divides it per fuel site. Then multiples that by the # of fuel sites on a land, and then multiplied by the Tier Efficiency factor

Also note I did the above Calc on my phone while laying in bed after a really fucked day at work.
So I would not recommend using it as Financial Advice... unless you plan to take it with a pinch of salt a bottle of beer and a pineapple up the wazoo!

[hearty cradle]

how many paying players are you assuming for a $2B rev?

[waxen kiln]

Thanks, very clear!

I'm contemplating whether after V2 I should use my staking rewards for sILV in de land sale

Do you need to migrate and upgrade too for usage in the land sale?

[fair temple]

How does this factor in the 10-20-50% boost?
As far as i can see you just calculated the annual revenue for a T1 land and multiplied that by the amount of fuel sites thus you did not factor in the % at all.

T2 should be 30% higher (if all the sites produce 10% extra fuel), T3 should be 60% higher etc.

[vivid cipher]

My guess is 2b is just a big round number. How much individual players pay is a difficult thing to estimate especially when we don’t know the different specific costs yet. It could be an estimate based on revenue that other games receive as well.

[sweet copper]

looks great! also looks doable. unlike star atlas haha

[hearty cradle]

so you are looking at 15%(+BP) ROI on land? and $2B rev is achievable in 2-3 years?

[vivid cipher]

I don’t know. I’m just a community moderator. The team doesn’t really share estimated revenue. What the team does do is make a game that they think will be fun to play. And there are plenty of community members that like to speculate.

One general idea is to consider what the revenue of other games is like. And then consider what the return would be if we were at that point.

[lofty bramble]

Hmm I'm a bit torn on a 15% ROI for land. Especially if there's 2B in revenue then you'd be getting $250-300 per ILV token staked for Rev Dis. If you bought ILV now thats over a 50% return compared to Lands ROI

I have about 3 working brain cells and struggle with maths so I could be looking at it wrong here

[fair temple]

Not saying this is better, did you do a similar thing?

--For those wanting to finish the calculations
I would rather use this setup to calculate the amount of fuel / revenue a land would produce per X time. Then adding that a T4 produces more fuel due to the landmark should not be forgotten. Obviously we don't have the exact amount of T1-5 lands for the 100K lands. So this would only result in an approximation. Maybe they adjust the amount of T5 lands to 10, as they increase the amount of regions or w/e. They only gave us the number of lands in the first sale, which is an indication but in no way guarantees that the total lands is 5x the initial land sale composition.
You can look for the amount of plots in the initial sale in the IIP that was handed in.

messed up the BxD should've described the step next to it but i ended writing it up there = fuel x bonus 😛

[oblique basin]

Now the t2 has a bonus fuel production, i thought that was only for t4 land

[sweet copper]

land NFT prices might take a dive, we're going into a bear market, ROI is a highly speculative gamble at best for all this

[cinder skiff]

omg been vibrating with excitement since i heard the landsale is happening so soon. has anyone important dropped a new figure on prices? or can we still assume .5 eth for T1 is correct?

[south belfry]

Regardless this definitely doesn’t justify the land prices lol

T5 is in its own realm though

[umbral badge]

now that I am out of bed and near my computer, I will do a better one after I finish my workout

[crude mist]

He’s made the journey from the bed to computer I’m proud.

[umbral badge]

Not Financial Advice, just my numbers modelled.
DYOR

[crude mist]

always best to do your own research

[fair temple]

Love it thank you!

[crude mist]

I saw some people mention that land sales where going to be sooner do you have any info on this?

[mystic hull]

interesting, I haven't really kept up with land because I just assumed I would be priced out anyway, but I was under the impression anything above T1 would be mighty expensive, is it just me or does the revenue seem pretty low compared to the possible investment?

[umbral badge]

For me it is not just about the Revenue.
it is about Buying into a game I want to play, and getting financial incentive for playing that game well.
It is also an investment in the future.
FUEL will be the core Economy of ALL games in the Illuvium universe!
and I honestly expect that in 6+ years time, Annual Revenue will be approaching $10B

[umbral badge]

I am expecting Mid March for Land Sale.
maybe 15th or 18th

[crude mist]

thanks

[viscid bolt]

What makes you think it will make $2B in revenue in its first year? (if that is what you are saying)

[umbral badge]

These were just my own figures that I did to try and get an idea of what people may spend.

But the thing is, Axie recently hit $3B lifetime Revenue... and that is a game with limited Playability.

This is a game with amazing graphics and real gamer appeal.
plus it has the scholar and P2E function.

AND from my understanding their first Tournament will have $50m worth of prizes to give away!!
That is going to generate serious hype!!

Already just for the Beta testing there were like 100k accounts signed up in 24hrs.

And there are Big names in Esport and Streaming who are waiting for this to launch, and then come over (likely as part of a partnership or stream to earn setup).

So I very much believe we will hit 500k players within 3 months of launching Open Beta.

[hearty cradle]

for me, if i want to actively play -> Stake, if i want to chill -> Land

[south belfry]

Oof yeah not too appealing when you lay it out this way, would take like 10 years to recover your investment on a T1 with these calculations if you didn’t sell and if the revenue for the game held 2b for 10 years straight

[umbral badge]

But how much will a Blueprint be worth?
What if you got a 1 of 1 Blueprint, and were the only one who could make and sell Rhampyre Spiked Shield...

[umbral badge]

That is very true.
However I think that a large portion of Revenue will come from the 5% marketplace fees in Illuvium.
People will be buying and selling assets constantly, and they will just be thinking of how much they are making when they sell something.
They will not care about the 5% market fee.

So even the people who are saying "I dont want to spend money to Travel or Cure Shards", when they level up a T0 and sell it on the marketplace... Illuvium will make 5%. So they still earn from people who think they are not spending!

Well my above snapshot which shows Revenue for certain number of players was based on the Travel/Shard loop spending.
it did not factor in other spending such as Marketplace transactions.

Also when I say $10B revenue...
I am talking at a point in the future where they have 5 or 6 different games launched.

It is my understanding that Illuvium plan on expanding the game offerings into so many different Genres.
That is why they have been making sure the Lore and Assets they are building now will be useable in the future for those things

Things that I have seen specifically mentioned include
First Person Shooter
RTS
Overworld will become its own open world game

[vivid cipher]

And the dark horse… Illuvium: Hearts Ablaze

[mighty hinge]

Hey, haven't stopped by for ages, so any idea when silv v2 is being distributed to those who that get it?

[twilit bough]

Looks good. But JohnnyA mentionned all tiers produce 3 times more than the below one. Here this would be true only for tier 2. What are we missing?

[umbral badge]

read Pinnned. it was recently adjusted i believe

[umbral badge]

but yeah, it is a good question, and we may need to see some actual numbers from the team

[small star]

I've that on my side @twilit bough @umbral badge

[placid musk]

I think people tend to forget that staked coins can have a 1.x to 2 weight. What in fact means. It could be 2 revdis per staked ILV. You say 7mil staked. If they are all at 2 weight, revdis is split in 14mil

[cyan dew]

Is it official?

[small star]

This is revenue related, nothing today is generating revenue ..... Starting prices are unknown, and price you'll pay are dependant of a deutch auction .... so it's just helping to simulate but numbers of sites, tiers of land, etc are official

OK let's add a title before people take this as god's words lol

[hearty cradle]

wow thanks for you estimation. do you mind if i ask some questions? i dnt really get what it means by "revenue of plots after land sale #1" and "....when all 100k plots are released", and why the different fuel benefice? thanks again!

[small star]

After 1st land sale, there will only be 20k plots sharing 5% of the revenues. Then after each subsequent land sale the quantity of plots will increase, your share of revenue % will drop

[crude mist]

Nice data

[hearty cradle]

oh sweet, so the first batch buyer will get the most revdist from the whole land sale.

[small star]

In theory, yeah. I mean same as staking, if you stake from day 1 you'll have more revdis than someone arriving on year 3 😉

[hearty cradle]

cool so we will get :

• this one-time, 5% off of our land purchase
• fuel sale (5-10% of the whole game fuel prod / 100.000 plots)
• BP sale

[mystic crater]

Source ?

[velvet ember]

Nice data. But I’m just thinking that for the next 2 years a lot of people will spend sILV2 in the game so RevDis will not be that high imo. Also, Axie (AXS) shoots up because it is easy to play so it caters to even the older people. These are just some of my thoughts, still looking forward for a great RevDis.

[hearty cradle]

pinned

[umbral badge]

Yes I agree. And that is why I have both ILV and will buy Land.

Except with sILV... if there are 500k players... how many will spend with sILV? 10k max I think.
That still leaves a LOT of players paying ETH or creditcard via IMX

[loud gazelle]

https://tenor.com/view/when-wen-naru-yummi-yummi-universe-gif-23030317

[twilit bough]

So now tier 2 are the most interesting ones by far. Tier4 staying way behind

[small star]

It’ll depends of the prices mainly … I took some assumptions that may not be the right ones 🤷🏻‍♂️

[twilit bough]

Yeah. We could use the same excel to calculate at which price each tier gets more relevant. Fixing just 1 like the tier 1

[tight kestrel]

can we buy sILV at $217? that would be a dream

[distant terrace]

when we get reimbursed with V2 of sILV - will i still be able to swap for eth on uniswap if i don’t want to participate in the land sale anymore?

[ivory bough]

When: any day from now.

Can you swap in Uniswap: No, unless someone creates another pool for it for whatever price and again, that will be an unofficial pool and you are responsible for interacting with it

[distant terrace]

will i be able to swap for regular ILV on the site? or am i stuck with V2

[ivory bough]

swap sILV for ILV on ILV website? not possible.

[distant terrace]

so if i’m trying to get my money back, what would be my best option?

[ivory bough]

Idk where your money is. Is it in staking, sILV, ILV token in your wallet ...

[distant terrace]

i bought V1 sILV on uniswap to get ready for land sale

[ivory bough]

then you have to wait until you get sILV2 and then either spend it in the game/buy land or Illuvaatr or just wait to see if someone creates a new pool so you can sell it or buy more.

[distant terrace]

damn, alright. makes sense - thanks so much for the help

[ivory bough]

No worries 🙂 anytime

[velvet ember]

Makes sense. 👍🏼

[mystic crater]

is there sense of buying land if im not planning to play on PC but wait until mobile is being developed and am I still going to earn from it?

[viscid bolt]

I suppose if you believe the price will go up, you could see it as an investment.

[mystic crater]

where can I read what actually what lands are ?? like a newbie tutorial or something

being land custodian in metaverse is for now bizarre for me

[ivory bough]

You can find the info in pinned messages. Also, IZ is a different game and will probably be playable on Browser too, not just mobile. IZ itself is a mobile game from the start.

[mystic crater]

anyone is plannig to create some visual answer through youtube video or something ? or it isn't on the roadmap

[ivory bough]

YouTubers do lots of vids. There is plenty of info available already in YT

[mystic crater]

regarding the land

[little moon]

Most of the info on land right now is in the pinned messages. Before the land sale they will release a more comprehensive doc with all the newest info compiled but it hasn't been released yet.

[mystic crater]

patience, I see

I just wanted to dive dipper to learning new skills in this field

[dim knoll]

i have no idea if will fokus on the game or on the farm ......

[amber atlas]

we should have some new footage soon

we just released feature complete build to the core contributor team (or at least feature complete until we add more features 😉 )

[crude mist]

Ooooo. Can’t wait. Hope for some conversation fuel. And possible v2.

[amber atlas]

but today no work, been a long week and I'm going to play some TFT, haven't even played the new set!

(answering your questions is not work, feel free to fire them off)

[obsidian patrol]

just out of curiosity, why do you want to sell?

[crude mist]

I had my first game in the new set last night. Came first with strikers. Was pretty good

[slow cedar]

Back in the deep history of time, you said the team hoped to do two sales before the main game hit - any idea if that's still the case, or sILV and V2 issues stopped that and it's likely to just be one?

[amber atlas]

honestly haven't spoken about it for some time

[amber atlas]

third with 'double trouble' and chemtech challengers, was a super fun build (sorry I know this is offtopic)

[crude mist]

Lol.

[marsh sage]

What feature are you most excited about that you’ve recently added?

[amber atlas]

the tutorial and goal system, it might not seem exciting but it helps new players in to the game, and allows to keep the game interesting while you are waiting for your 'bigger projects' (i.e. building and upgrading major structures) to complete

[south belfry]

Well it would be the first I’m hearing of 1 of 1 blueprints

[queen folio]

Hey @amber atlas! Someone brought this up a couple of days ago and now I'm curious... will the art for the land NFTs themselves (what we see when looking at the NFT in our wallet) be the same as what you showed in this UI image linked below or is the art going to be different once the land sale gets here?

#🎮〕illuvium-zero message

[amber atlas]

thats an SVG generated from the lands metadata, it of course look like that when vieweing through our site, but should also work on common platforms like OpenSea

not in the alpha, but before beta with the mobile/web app you can also view other peoples land including structures they have built (to be determined if there is a privacy mode)

(heading out for a few hours but happy to field more questions when I come back)

[umbral badge]

Technically they are only 1 of 1 until someone scans and mints another.
Then it becomes 1 of 2.
But some will be rare and very low chance of scanning, and it may be that the 2nd BP is not scanned before that Illuvial goes extinct

[harsh dew]

You tell us! why it's been a long week ? Any Affinity or Class leaks ?

[crude mist]

Can you please tell me how scanning works and the basic of NFTs. I’m newer on that aspect of this project.

[muted moth]

I can tell you how scanning works for IZ. But for NFT's I'd recommend you just google it. I'm sure there are plenty of articles out there that can give a quick succinct explanation of what NFT's are better than I can. Anyways, scanning. There is a building that you can construct on your land called a Singularity Scanner. With it, you can start a scan of the surrounding area. Two things can come back from this: Illuvial Biodata or an Illuvial Fact. Biodata can be researched to discover a blueprint. An Illuvial Fact is just that; a fact about an Illuvial.

[crude mist]

Cool

[muted moth]

And that was a short description; if you want to go a bit more in-depth, you can read the scanning document here: #🎮〕illuvium-zero message

[trim plank]

how long till we get sILV reimbursed?

[uneven atlas]

This coming week

[small star]

It was supposed to be this week but seems it’s late or maybe during the week end.

[crude mist]

Who knows. Could be early next week

[mystic crater]

illuvium zero is only for landlords?

[empty path]

You don't need land to play

[mystic crater]

can I buy land and don't play still get all bonuses?

[crude mist]

Since land sales open before the game is released I think so

[empty path]

Everything will be reset when game launches

[crude mist]

Yes but the land will stay in ownership of whomever naught it before launch. As at the point it’s owned by you and not the game

[empty path]

Obviously

[crude mist]

So in short he should be able to reep rewards while not playing. Although it would probs be better to play as I assume land will have upgrades or constructions for the materials that will also make a great deal of monies

[empty path]

I think you'll have to build stuff and claim and all this to get rewards but I'm not completely sure about it.

[crude mist]

One thing I’m not sure on is if sILV2 can be transferred to etherium

It probably can I’m just not sure

[empty path]

In the Illuvium universe you can only use it in-game. But it's quite possible somebody is going to make an unofficial pool like we had before with sILV where you can sell for ETH.

[crude mist]

I’m confused in the fact that this game is play to earn, no? I assume that’s only through NFTs as all the illuvials/creatures are NFTs. Or am I wrong

[empty path]

There are many different ways to earn in this game. Let me find a link to one of the bot commands since I'm not allowed to use them 😄

[crude mist]

Lol

[empty path]

#👑〕bot-commands message

[tender warren]

waddup fam??

land on sale yet?

[crude mist]

Nah we still waiting on sILV2. Lands about 2 weeks after that

[timber valley]

Brother do we have a date on land sale ?

What are the ways to get into land sale ? Anyone can get ? Or staking is a better way to get

[queen folio]

Hey NFTworld-- no specific date on the land sale just yet. But it's expected mid next month, as for right now.

It will be a Dutch auction format and available to everyone 🙂 Payment can be either ETH or sILV2

[terse sable]

What type of Iluvials can be found in each of the 7 land regions?

[empty path]

Land sale is public Dutch auction. No official date yet but probably next month. Keep an eye on #📣〕announcements

[timber valley]

That’s great . How do you obtains sLV2?

[queen folio]

The Illuvium Zero GDD that Aaron wrote up a while back (verrryyy bottom of the pinned messages list) had this information in it 🙂 ⤵️

[queen folio]

sILV2 will be one of the reward options from staking ILV 🙂

So stakers can claim rewards as ILV or sILV2, once the sILV2 contract as been deployed. This is expected to be live this/next week!

[terse sable]

Thanks.... I am wondering about the Crystal Shores.... when will we know the affinity for it?

[timber valley]

That’s a great help . I can’t be more thankful.🙏🙏🙏🙏🙏🙏🙏🙌

[queen folio]

Not entirely sure... it could be listed as "unknown" because we're not supposed to know until it's discovered 👀 (just my imagination talking)

[terse sable]

When we start to play in the PTP Overworld can we go to any of the 7 regions to try and get T1 Illuvials of that affinity? and then the higher Tier Illuvials are also in those lands for the Affinity but harder to find and much harder to capture?

[terse sable]

Thanks

[queen folio]

Ah, not all regions will be available in the Overworld exploration when the game first launches. I think only Crimson Wastes and Brightland Steppes will be available.

Lore-wise, I think we as a community (all of the players) will need to play and discover the next regions by finding and unlocking the obelisks.

But once we've unlocked obelisks and have access to those regions, it should be possible to pay the T1 travel fee for any of those regions

[terse sable]

Thanks again!

[queen folio]

No prob!

[stoic vine]

yoo

[hasty adder]

If we own sILV, will that be converted to sILV2?

[muted moth]

The method has not been revealed yet, but I think it is likely it won't be converted, we will just get the equivalent amount of the new token. So you will have the same amount of both

[hasty adder]

Okay, thank you

[empty path]

You’ll probably have to claim it. More information about this should be out really soon

[amber narwhal]

we still think land sale will happen in March?

[muted moth]

If V2 staking is started by the end of this week then I think so yes. But if it gets delayed again I think not

[pseudo compass]

Do we know the prices of land?

[analog inlet]

not officially there is a old draft everything subject to change prices will most be raised.

[pseudo compass]

Not bad, hoping to get a least 1 plot

[vague tide]

Hope land sale will be in weekend

[edgy light]

I think it’ll be over 3 days

[vague tide]

i know that, i hoping it will start at friday or saturday, not at middle of the week

[civic quartz]

Yeah forsure we need it to be on payday also 😅

[boreal sparrow]

bruh its been like 2 months whats happening with our silv

[timber olive]

What’s everybody aiming for? I’d like to try and land T2 or three T1s.

[empty path]

There should be more news this week 🙏

[boreal sparrow]

we`ve been hearing this every week for the past 2 months tho

[empty path]

You also know this is not true.

[willow torrent]

With the price of ETH rising and ILV holding. Those of us saving up our sILV are not going to see the value we might have prehack

[analog inlet]

None 0 not intested in land would rather spend the ETH on more ILV

[iron adder]

wen land? lol

[ashen kestrel]

+1

[junior comet]

+2

[crude mist]

+3

[empty path]

soon

[ashen kestrel]

https://tenor.com/view/soon-cat-peek-gif-10008520

[sand radish]

Do you think this discord needs its own "wen" channel as well ?

[empty path]

Pls no

[potent dock]

I thought they were all "wen" channels...

[sand radish]

that's the thing

[amber narwhal]

+4 it would be so nice with a timeframe from the illuvium team soon, we are just waiting in blind :((

[empty path]

That is the fun part

[amber narwhal]

been waiting since before october 2021, when the bot said the estimated time was late october lol

[empty path]

We all are

[sand radish]

When I compare how Illuvium team is doing (regarding transparency, communication, community effort etc.) and 99.9% of the other project. I wonder if people know how it is outside this discord.

[junior comet]

Are you saying they’re not very transparent?

[sand radish]

For 99.9% of the other projects yes.

Maybe not that many, let's say 99%. But really, for everything links to Illuvium, team members (founders or core contrib) are often talking to the community (through this discord or direct interview). Taking time to answer us (sometimes in some cryptic way though).

They have the dev blog, every issues, advancement and delays are communicate to the community.

Maybe not everything that for certain (they have their secrets), but I still think they are doing a great job on this matter. Delays if explain and justified I'm fine with it.

[earnest prism]

There is too much hype for this game ahah

We just need patience🥲

[hearty cradle]

i had backed a few kickstarter gaming projects that went silent

[hazy jewel]

quick check: no landsale date released, right ?

[empty path]

No

[harsh dew]

This kind of important content will be announced here #📣〕announcements

[knotty berry]

do we need eth or sILV for land purchases? any reason to hold ilv and not swaping to eth ? (not asking for a financial advice )

[low quiver]

Can use either sILV or eth, but not both on one land. you can stake ILV for yield and revdis (not financial advice)

[lunar shell]

I feel frustrated sometimes. For example 10 days ago Kieran said new ILV v2 was going to be released mid last week. An here we are, 10 days later and nothing... why to leak something that at the end didn't happened.

[late parcel]

PauseChamp Here's some Hypium to tide you over mate. Not financial advice, DYOR.

[lunar shell]

i welcome your hypium ser! 🥳

[late parcel]

Any time any time

[chrome elm]

Just remember, if it's not in the official announcements it's an estimate.

[late parcel]

deflating the hypium...

[chrome elm]

I'm sure it will be released in an indeterminate amount of time.

[late parcel]

It's right around the corner!!! inflates hypium again

[boreal barn]

when are we ever getting our Silv back ? it’s like ridiculous at this point i feel like

Is there steps we have to take to get our value of our worthless tokens at this point yet ? or are we still just waiting in the dark

[hearty cradle]

next week 😉

[loud gazelle]

https://tenor.com/view/when-wen-naru-yummi-yummi-universe-gif-23030317

[simple juniper]

dont you worry they are setting everything up as safely and quickly as possible. Dont want to have another hiccup in the contracts now do we

[pure mason]

Agreed. We have been swindled. Lol

[simple juniper]

We just have to wait. We have not been swindled don’t worry

[umbral badge]

it is my understanding that sILV2 claiming will drop in a matter of hours!

[mystic crater]

will my surface pro6 with 8gb ram handle the game?

[umbral badge]

Illuvium Zero... Yes I believe that will handle it easily

[glad venture]

how about my Macbook air M1 chip 8gb?

[umbral badge]

My understanding is that Illuvium Zero will be playable on anything that can run a browser.
May just need to turn down graphic settings

[glad venture]

Cool, thanks

[simple juniper]

Illuvium zero is just a mini game therefore the graphics will not be as intense as the illuvium game

[burnt perch]

Has Illuvium created the new sILV, as a long time has passed by ?

[simple juniper]

The reason for the long delay is because they don’t want a problem in the contracts with this sILV so they are taking extra measures to make sure it is safe. It will be out soon

[empty path]

It could get launched any minute. So hopefully this week 🙂

[burnt perch]

Furthermore, I haven't missed an announcement for the Illuvium Zero, right, still no official date?

[simple juniper]

Nope you have not missed it yet should be soon though after the release of the new sILV token though obviously

[burnt perch]

Thank you very much for the fast responses and for the information, I wish you a great day!

[simple juniper]

Have a good one boss

[harsh dew]

May this inforgraphic what is Illuvium: Zero get pin ? please

[balmy turret]

when is the land sale?

[harsh dew]

The real question is When is wen ?

[sand radish]

they always looks so awesome. Really amazing work on those guys !

If i would be picky this would be the only annoying thing for the eye 😅

[harsh dew]

yeah, did look like it's did not get isolated or it's Atlas coming from a dark square dimensional portal. Who really know ?

[sand radish]

Emerging from a very precise dark square dimensional portal to play with a city 🤣

[pure mason]

We all should be charging interest for holding our money hostage

[simple juniper]

haha They are already making us very rich

[pure mason]

Oh really. Then by that logic a bank shouldn’t charge interest

[little moon]

Just pay the randsom and you will get it back. Duh.

[pure mason]

Lol.

[simple juniper]

banks dont make us rich...

ohh i see what you are saying. HAHA well thats not the same thing. You cant really compare those two things 🤩

haha no dont worry i got it man

[amber atlas]

howdy folks

[vivid cipher]

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

[little moon]

Hi Johnny!

[lofty cape]

Well Hello

[amber atlas]

did grant leak the loading screen/splash screens for IZ?

(figure you guys have better tracking on the leaks than me 😉 )

[muted moth]

Don't think so no

But you can!

[harsh dew]

Show it we will tell you 🤓

[muted moth]

Don't tease us!

[kind nexus]

i saw there is no date for a land sale, that correct? was any land already sold?

[muted moth]

Still no date yea. And no land sold already. Seems likely that if Staking V2 is live in the next week or so, then the first land sale will be sometime this month

[kind nexus]

the starting prices in the pinned pdf are still correct?

[muted moth]

No the prices will be updated. It was mentioned awhile ago that the team was looking at around a 2.5x increase, but that may no longer be accurate. But I think we can count on a price increase of some sort to avoid gas wars

[kind nexus]

damn, ok thx

[amber atlas]

sorry got pulled in to a meeting, will share shortly

forgot the screenshot hotkey(s) for my phone 😒

[wraith surge]

More leaks plsss!

[muted moth]

MORE!!!!

[harsh dew]

it's G.4.U.B.1

[wraith surge]

When Illuvium Zero is launched will it be playable on mobile or just PC ?

[muted moth]

It is a mobile game by nature, so yes! it will be playable on mobile

[amber atlas]

(kinda loses a bit as a static image)

[slate merlin]

Johnny, will the ground have the colors of the region the plot is in?

[amber atlas]

yes ground and plants/decorations reflect the region of the plots

[slate merlin]

Very cool, thanks!

[muted moth]

The paths are free cosmetics right?

[amber atlas]

they cost (a small amount of) elements, but can be redeemed (sold back) at 1:1

[muted moth]

Ok cool. Loving these leaks

[nimble sierra]

This just makes it harder to make decisions. From both an investing and time-spent-gaming perspective. I'm still trying to work through my approach and whether I buy land and dedicate x minutes per day to the land, or just go straight ILV and focus solely on the main game - but also thanks @amber atlas for the info

[viscid bolt]

Gas is 32, bring on the land sale! And the updated v2 staking!

[plush turtle]

Any new paper work for Land? or is it still the first one proposed by Kieran

[muted moth]

Nothing recent no

[plush turtle]

Do you know if the first one proposed by Kieran is gonna be the hard numbers for the sale?

[muted moth]

No they will be changed for sure. Prices will probably be increased

[plush turtle]

Why do you think the prices will increase? If anything shouldn't it be lowered down

[muted moth]

That is what has been discussed to avoid the gas wars the community feared of with the low starting prices. It was believed by many that people would not allow the price to drop and would all raise the gas and buy at the starting price since they were so low. So, the idea is to increase the price so that people do not buy the land as soon as it is put on sale, and let the dutch auction work the way it is intended

[plush turtle]

But aren't they releasing land sale on their new platform to avoid gas fees

[muted moth]

The IlluviDEX is still on Layer 1 for the moment, so still has fees

[plush turtle]

Ah

[vivid cipher]

This is the best part of the leak.

[civic quartz]

hey bud can you accept my friend request. i want to see if we can do a partnership

[lofty cape]

Just did 🙂

[amber atlas]

its not just gas wars, if everything sells instantly for max, then obviously we set prices too low, the goal is to maximise revenue for the token holders

[muted moth]

Right yea. You guys still looking at around a 2.5x price increase?

[amber atlas]

we haven't really changed our thinking but we will discuss with the community more when the IIP draft comes out

[muted moth]

Sounds good

[vague tide]

So the land sale still in layer 1???

[heady holly]

is sILV2 needed to purchase land?

[analog inlet]

no you can use ETH

[muted moth]

Seems like yea

[vague tide]

so there will be the case lose money for nothing

[lunar shell]

why? there is no gas wars so very difficult that your land purchase tx is at the same time as other bidders

[terse sable]

WHen you attempt to buy the land.... if you use standard amount of gwei and it takes 15 minutes to get there and someone else bids 5 minutes after you but high Gwei and gets in there n 2 in... who wins? Is it the first person and timestam of bid or the second person with quicker time for the bid getting in but sent after the first attempt to buy? If it is the second one, then you still need to worry about the time to get the bid in to Illuvium

[vague tide]

imagine you willing to pay hundred dollar but still don't get that land

the second times you tried double that fee but still get nothing

[little moon]

Whichever transaction is processed first will complete, so probably whoever pays higher gas. Fortunately with the dutch auction structure its fairly unlikely that two people will try to buy at the same time and gas is low enough its pretty cheap to get a transaction done in under 30 seconds.

[vague tide]

what about silv v2, i thought surely it will be deployed in imx, because the gas distribute in layer 1 will be ridiculous, right?

[vivid cipher]

there are ways around that. DISPERSE

[shell rose]

Do the paths have utility (ie more efficient), or just for show?

[crude mist]

lol

[jovial pond]

will land be tradable after the sale?

[dire tiger]

yes. you can on opensea after the sales and probably in illuvidex on layer 2 after when it launches.

[coarse night]

hey everyone!

when land sale will be available? I know this question has been asked millions time but if there will be last news, we want to knoe:)

[analog inlet]

Look in announcements if you don't see an announcement that says Land Sale on X date it hasn't been announce yet . Its not somthing they are going to hide .

[cedar quest]

Land sale exact date?

[analog inlet]

read my post directly above yours.... 👆

[terse sable]

thakns....30 sec..nice

[loud gazelle]

https://tenor.com/view/when-wen-naru-yummi-yummi-universe-gif-23030317

[tawny wasp]

What will happen to everything built, if you sell the land?

[muted moth]

Still to be determined as far as I know. They haven't decided if some buildings stay or not.

[lunar shell]

48h later... nothing

[late parcel]

https://medium.com/@aaron_warwick/illuvium-dev-blog-february-2022-1b2d7a2468e5

[hexed abyss]

Thanks for sharing 👍 . I didn't see this anywhere else...

[muted moth]

It is currently only on Aaron's personal medium account, there is always an announcement once it is posted on the Illuvium medium account

[hexed abyss]

Got it, thank you...

[vivid cipher]

Johnny… I mean… I’m ready to help.

[muted moth]

Me too!

[floral locust]

the altruism in here is incredible 🥲

[uneven atlas]

Staking V2 has the 2 week period once it’s announced. Does that mean the land sale won’t be till after that? I’d prefer it at the very end of March not sooner haha

[vivid cipher]

https://tenor.com/view/conan-o-brien-window-stalker-creepy-let-me-in-gif-16778394

[crude mist]

No they’ve said that the land sales starts two weeks after they announce v2

[uneven atlas]

We need the Illuvium price to take off prior to land sale also

[loud gazelle]

https://tenor.com/view/when-wen-naru-yummi-yummi-universe-gif-23030317

[tawny wasp]

Same! Played Evony when it was big and now Forge of empires. I would love to test out IZ and can't wait for the gameplay footage

[tall cloak]

Every time I see a ping from the server I hope it is an update on staking or land drop. And every time, I’m disappointed 😭

[lusty crag]

Same over her 😄👍

[fleet pumice]

Jesus christ this is getting rediculous. Constantly not hitting targets. They did a great job getting me comfortable in November. They obviously were nowhere close to being ready back then and would have been well aware of it, even with a hiccup. Now I'm 7k usd down with literally nothing to show for it. I was early, now I'll be lucky to get a tier 1 with all this hypium and delays to sales. Seems like each day that passes reduces the chance for everyday gamers to be able to take part in the land side of the game

[cinder skiff]

Are they talking more about raising t1 price from .5 to 1.25 or just so hyped it’s going to be gas war/insta sale?

[fleet pumice]

I'd say both

"Maximising profit for token holders" AKA dev team

[cosmic aspen]

https://medium.com/illuvium/9-tokenomics-launchpad-and-reward-details-5894c3b356be

[fleet pumice]

Lol

[fleet pumice]

Was that supposed to be reassuring?

[empty path]

He was hoping you would read and understand the tokenomics. If you did, you wouldn't make these comments.

[empty path]

The proposed starting prices for the Dutch Auction got declined by the community because community was afraid for a gas war.

[fleet pumice]

Well it doesn't make any sense for somebody who chose to invest in sILV for the land sale over ILV tokens

I wanted to be early and the team made me very confident we would see land sale before the end of last year.

[hearty cradle]

what if there was no hack and it was just an elaborate scheme.....hmmm the plot thickens

[little moon]

What if the warwicks are actually aliens and Illuvium is a massive mind control scheme where they will use the game to control us into being their slave underlings!

[little moon]

Also you can see the exploited tokens minted onto the blockchain if you know how to look.

[celest dagger]

Guys land sale is delayed?

[empty path]

Yes

[celest dagger]

Any approximate date?

[empty path]

Not really, maybe end of the month.

[harsh dew]

I will leave this here, is it not wonderful ?

[tawny sandal]

My heart wants to claim sILV to use in the land sale when staking v2 launches. My head says to just keep stacking ILV 🤔

[lofty bramble]

Has there been any confirmation on being able to claim rewards partly as sILV and partly as ILV under V2?

[amber narwhal]

well now it can't be long before land sale with v2 running

[vivid cipher]

Well it’s just sILV2 at the moment. V2 Staking contracts haven’t started rolling out yet. And that’s what’s gonna need to happen first. So “all” those pending rewards can get claimed as silv2 and further reduce ILV supply.

[south anchor]

What's the consensus on purchasing sILV for the landsale now. Safe to do so?

[vivid cipher]

No. Unless you can find the actual silv2 contract out there.

[vague tide]

silv2 is claimable now

[reef echo]

Exciting day! Something is actually happening! It was real easy to convert my sILV to sILV2 and gas was so cheap i think i paid $7 lol

meant this for staking channel sorry

[tall cloak]

I'm taking credit for sILV/sILV2 update today.

[umbral badge]

0x7E77dCb127F99ECe88230a64Db8d595F31F1b068

is the Token address.
It is visible when you claim your sILV2

[vivid cipher]

Yeah I meant finding that token contract in a liquidity pool.

[blazing sundial]

What happened to my previous silv? Is it still the same

[analog inlet]

#📣〕announcements #📣〕announcements message

[blazing sundial]

Ah sorry didn't read it well, mb

[buoyant wasp]

So land sale still on L1 zzz

[autumn island]

yes but land minting will be on L2

so the Land NFT will be ready to play and trade on layer 2 with low gas, which is a good news

[dire tiger]

if I have to pay as much gas to buy land as I have to for sILV2 switch, I have no problem 🙂

[sand radish]

yep that's nice to feel again the 20ish gas 😅 Just need to avoid gas war now (which should be ok as well)

[little moon]

will land be able to paid in full with sILV2?

[analog inlet]

YES

[little moon]

So not partially ETH? I heard some rumours about this

[analog inlet]

No has to be 100% ETH or 100% sILV-2

[little moon]

Ok thanks and the gas fee will be in ETH ofcourse? Any idea what kind of gas fee we can expect?

[analog inlet]

https://tenor.com/view/witch-crystal-ball-fortune-teller-gif-14283208

yes you must have extra eth for gas

[abstract knot]

Will we be able to buy silv2 before landsale or can we just get it by staking?

[empty path]

The only official way is to get it as a staking reward. But it still is quite possible somebody is going to start a liquidity pool

[abstract knot]

So if nobody starts a liquidity pool I have to buy land with eth?

[steady grail]

will land be able to paid in full with ETH?

[autumn island]

Yes, paid in full with ETH. Or paid in full with sILV2

paying combine ETH and sILV2 is not acceptable

[steady grail]

THX

[iron adder]

wen land kek

[timber sapphire]

You can buy ILV and stake that to get V2 when that gets online i think

[abstract knot]

But I would never get enough to buy land with silv2

I am not that wealthy Haha

[timber sapphire]

Ye oke

[autumn island]

Buy in ETH is the only way if not enough sILV2. You still have time to see if any other opportunity come up before land sale.

[polar lagoon]

Shouldn't we be able to buy land using ILV?

[autumn island]

No, ILV is like shares of a company, you don't trade NFT for shares.

But if someone daft a persuasive IIP, anything is possible to happen in a DAO

[polar lagoon]

I thought that later when the game gets released you could use ILV in game instead of sILV

[autumn island]

The official in game currency is FUEL, provide by DAO and ZERO land owners

Player can buy FUEL with ETH, or spent sILV2 like a coupon instead of ETH or FUEL

[proper whale]

Hi , quick question, the Fuel sites on each land tier, are they guaranteed on the land or random like the element sites ? Also, what is main difference for Elemental landmark vs Fuel Landmark?

[hallow onyx]

Is there mint details ? Date, prices, tiers, etc?

[snow seal]

Yeah there guaranteed depending on the Tier Level you get more. The difference between the two landmarks I think is the same difference if it were without the Landmark

[autumn island]

There is Draft IIP in the Pin

[snow seal]

Im wondering if the landmark will be a visible landmark in the open world Illuvium?

[muted moth]

The fuel sites are randomly generated like the element sites yes. For example on a Tier 1 land, you have 1 fuel site(33% chance that you get either solon, hyperion, or crypton) and 3 element sites(33% chance for each that you get either silicon, carbon, or hydrogen). The landmarks essentially do the same thing, except that fuel landmarks boost fuel production and conversion while element landmarks boost element production and conversion

[proper whale]

Thanks !!!!!

[autumn island]

The amount of sites are guaranteed, but the type of Fuel and position are random, just like element sites.

[snow seal]

Thanks for clearing that up

[muted moth]

Don't think so no. The land in Illuvium zero exists outside of the explorable regions in the main game

[snow seal]

Oh ok, thanks for the reply

[autumn island]

No, because they are in different areas of the planet

Players are locked from accessing the ZERO area by the obelisk, that why they need bots to help mine resources and send to players

[proper whale]

Are some fuel and elements worth more than others ? For example, is Solon more expensive than Crypton ?
And what’s the difference between each fuel and element ?

Sorry for the 1000 questions

[hallow onyx]

Says 2nd half of Feb, so is there a proposed possible date? March, Apr (guesstimate)

[muted moth]

All the fuels will be worth relatively the same amount since they are all needed for different actions in the main game. Of course price can fluctuate due to supply and demand, but the DAO has plans to keep them relatively stable. And the main difference between elements and fuel is that fuel can actually be sold for ETH as an ERC20 and elements can't. Elements will stay within Illuvium Zero while the fuels can be transferred out to the main game

[autumn island]

wen have ben a myst question, we don't know until we know

[snow seal]

Oh very cool, I like learning about the lore in Illuvium

[autumn island]

Have you seen the trailer how the space ship broke apart

[proper whale]

So wth are the Elements used for ? 🤔

[autumn island]

Some Moz4rt dropped in the ZERO region so they are locked in different area to players

[muted moth]

Building structures in Illuvium Zero

[snow seal]

Yes, in the beginning the space ship broke apart

[proper whale]

Ok last question 😅…. So we can essentially use the elements to upgrade the buildings to produce more elements/fuel ?

[muted moth]

Not necessarily produce more; more like make them more efficient and make your land run as efficient as possible

[snow seal]

Awesome!

[proper whale]

Explain efficient….. do the buildings break down sometimes ?

[muted moth]

Just more efficient extraction, more passive extraction, etc.

[proper whale]

Ohhhhhh 😮 got it ! Thanks !

[autumn island]

Element will be needed for upgrade buildings

more advanced buildings will only be unlocked after some upgrades

There are some info about the upgrading line in the Pin, with amount of element required.

[cursive rune]

Can we buy silv2 from uniswap?

[autumn island]

There is a pool with really low liquidity, no you are not able to buy sILV2 from uniswap at the moment.

[cursive rune]

Ist soon its possible Right?

[autumn island]

Wait I have something to say, I need to find it any copy

Here we go:

As we've always said: it's unofficial and should anything happen while anyone are trading in that pool, they are the only person who is responsible. The team holds no responsibility.

The reimbursement of last sILV hack was once only thing, it will not take into account if any lost result from someone's decision to trade in the unofficial pool.

[cursive rune]

Thanks!

[autumn island]

I don't think it's a smart move to provide liquidity recently, they make lost due to volatility of the market. So I wouldn't count on it to be available soon.

[trim plank]

lmao people selling sILV2 for $160

I mean as long as they don't change the pricing for land then I guess there is some cheap land buying tokens to be bought at this price

[potent dock]

Yeah people bombing 100 sILV into relatively low liquidity will do that lol

[outer flint]

where are they selling it?

[odd brook]

Lol thats insane

[outer flint]

but we can still buy land with silv2 right?

[potent dock]

Yup.

[outer flint]

so weird, it feels like I got my silv for too expensive then hahah

but I don't mind as long as I will be able to get a land that I want 🙂

[kind nexus]

can you buy land only with silv2 or also with normal ilv? and do we know anything about pricing?

[little moon]

Land can be bought with sILV2 or ETH. Not ILV. You can see a draft proposal in the pins that has pricing but the start prices are likely to be increased from what is shown.

[jade ruin]

secondary market??

[abstract knot]

Uniswap

[jade ruin]

silv2 or just silv?

[abstract knot]

Silv2

[analog inlet]

@jade ruin

• sILV v2 is NOT an official investment and it was never intended to be traded or speculated.
• the only OFFICAL way to get SILV v2 is though staking rewards .
• Illuvium DAO will NOT be making an official pool for sILV V2.
• 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 (edited)
NEW

[south belfry]

so where is the document with updated land prices cant seem to find it

or wherever the vote is for the starting price increase

[vivid cipher]

A new IIP regarding land sale prices has not been shared as far as I know. The old one is pinned in #🎮〕illuvium-zero

[cyan dew]

This is the right token for silv v2 right? 0x7E77dCb127F99ECe88230a64Db8d595F31F1b068

[potent dock]

It's available in #🔗〕helpful-links

We're trying to avoid directly providing links to anything, including token addresses, in the interest of avoiding scammers. Every link, address, etc. that you might need now lives in #🔗〕helpful-links

[cyan dew]

Perfect

[cyan dew]

And there I can buy SILV v2?

[empty path]

There is no official way to buy sILV2. The only official way to get it, is from staking rewards.

[cyan dew]

I mean the unofficial pool on uniswap

[cyan dew]

This pool

[left musk]

Now its 215 dollar

[hearty cradle]

at this rate, there will be gas war at land sale

[cyan dew]

No gas war at dutch auctions

[hearty cradle]

wht do you mean

[hearty cradle]

i bet you bought most of it 😆

[regal pike]

Hi guys, when will be the land sale?

[empty path]

There is no official date yet. Next big update on the agenda is Staking v2

[regal pike]

ok thx dude

[analog inlet]

Nope can gets it as a reward if I want . Not interested in land so no point getting any till game starts

[hearty cradle]

why. i thought ur getting a megacity?

[analog inlet]

https://tenor.com/view/nope-the-office-dont-like-that-shaking-my-head-gif-20238828

[hearty cradle]

i was gonna call you mr.mayor sir

https://tenor.com/view/wen-gif-23310998

wen is land

i got the dough

[humble lichen]

why no land sir? Care to explain, I am curious @analog inlet

[analog inlet]

land is for the mini mobile game #🎮〕illuvium-zero not for the main game Illuvium.

I personally prefer spend the money that the "land " would cost on more ILV to stake as I consider it a better ROI for me personally.

and this

#💰〕token message

[humble lichen]

Are you not concerned with the VC unlocks and little buy pressure compared to fixed supply of land with potential of in game fuel rev?

[analog inlet]

No its a win win either win ether way .
The lower ILV goes the cheaper to buy = win
the higher it goes the better revDIS are = win .
There will ALWAYS be buy pressure as the DAO will constantly be spending ETH to buy ILV to payout for RevDIS
IMO there is 0 reason to ever be concerned with the token price

as for land its true only 100 000 will ever exist . here is how revenue form that is dispersed

here is how the revenue for land owners will work

Just clarification you do not sell it to market individual landholder earnings are a stable "5%" of total are earing as simply based on what that individual landowner can produce.. So there is no peer - peer sales or any "competition" between landowners for the "best price"

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"

Revenue Distribution ( from the draft form the IIP land sale)
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.

based on the above ILV staking is still my preference

[dapper shoal]

Hello the best community in the world
my problem was solved
the pool works fine
Thanks @humble lichen

[analog inlet]

• sILV v2 is NOT an official investment and it was never intended to be traded or speculated.
• the only OFFICAL way to get SILV v2 is though staking rewards .
• Illuvium DAO will NOT be making an official pool for sILV V2.
• 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

I don't agree with any of your opinions in your post for the following reasons .

• People who bought what is now SILV-2 was a risk - the DAO is not responsible for that

• you can still use unused sILV-2 in game for non fuel non player fee/ equipment so nothing is "lost" and you are not "suck" with it as it will still serve the originally intended function

• you can still fund your play as you intended with sILv-2 land is not needed for this

• there will also be 4 more land sales + a illuvitar sale which is more opportunity to use your sILV-2

• The less SILV- 2 that is used = the more ETH = the better for RevDIS = Win <-------------------g

• The less ILV is worth during sale the more sILV-2 needs to be used to archive land sale price = more sILV-2 burned out of existence = win

• ** This is an auction it supposed to generate as much profit as possible for the DAO and "stakers" its not a retail sale where everything is balanced an fair or giving everyone an "equal chance"**

[humble lichen]

2 comments, there will not always be buy pressure as game gets launched only somewhere after VC unlocks 30th of March. The higher ILV goes, the higher it's marketcap, so the price of ILV will be less easily moved with revdis buy pressure from the DAO

But I get your point, you are in it for the long haul and confident it will pay out more to keep accumulating ILV

[analog inlet]

Yes there will and Revdis will be bought every week / multiple times a week don't consider those concerns personally.

[humble lichen]

Understandable, there is this concept of a "bullish unlock" where VCs already sold their allocation to other VCs/OTC

So the new VCs are not up that much and have different risk profile

[analog inlet]

The vC were chosen because they understand the tokenomic.. If you read the link i posted ... IMO NFA if anyone buys ILV with the intention to sell it they are doing it wrong

[humble lichen]

Idk man if I was up x500 or x250 from my seed/preseed, I would be cashing out some, especially in these uncertain times with ukraine and stuff

[analog inlet]

Again ..that is a good thing for example ( unfortunately this is not very likly) the price drops $200 - that would be an amazing dip to buy

[humble lichen]

I don't think $100 is unthinkable but let's see what happens

[hearty cradle]

land is not for everyone

[humble lichen]

You can just search for the sILV2 pool and swap your eth for more sILV2, pool is fine, you really have to try hard to make errors. sILV2 contract in links

!welcome

[dry forge]

🚫 lookscommon, you can't use that.

[humble lichen]

#💬〕general message

[barren spruce]

!address

Do we have a token address for silv2

[muted moth]

Yea it is in the #🔗〕helpful-links channel

[barren spruce]

Ty sir

[outer flint]

just got my sILV2

glad it got fixed, let‘s see when we will be able to buy land with it

[hearty cradle]

wen

[clear torrent]

Your probably right, staking WILL receive a higher YIELD/REWARD than land most likely but land will be a LONGER TERM play/investment. It's not entirely known how land will hold it's value or how much value it may have in the future the only thing certain is it definitely will be worth MORE year after year after year especially as new games enter our ecosystem.

[analog inlet]

that is wrong unless you are taking about the value of "selling" the land ...then it is probably still wrong because you are selling for a fixed price once and that will eventually be eclipse by the passive income ILV stake in years to come.

ILV staking earns 100% revenue on every single $1 of every single game, ip , media, merch that the DAO makes FOR as long as the DAO and its IP exist and generate revenue

Land makes %5 Revdis on total fuel sales from all IPs that use FUEL when the land owner swaps the Fuel they have produced for ETH In the #🎮〕illuvium-zero in game balancer on what it produces
as explained here #🎮〕illuvium-zero message

What you said makes no sense in actual reality.

[chrome elm]

From what I understand, the land will only benefit you if you actually play illuvium zero. I could be wrong though

[clear torrent]

the thing to note here is this is the first sale of NFT land that has a purpose and is USEABLE within the game. It's not just a property/NFT.

[clear torrent]

I love being told I'm wrong. Please tell me more. Nothing about my statement was wrong by the way. This is LAND that has a use case and will benefit those that hold land as the FUEL the land produces and resources will also be "REQUIRED" or used in other games/titles in the future as well. If you need sources on specific AMA's where this is mentioned I'd be happy to link you. You also mention the land makes 5% off REVDIS do you not agree this 5% will grow over time? The more players who enter the ecosystem the more that 5% counts for something. The more land values will go up based on their ROI as more revenue is spent within the games ecosystem. Again, how am I wrong?

[analog inlet]

if you don't know the difference between 5% and 100% I cant help you

@clear torrent as for land its true only 100 000 will ever exist . here is how revenue form that is dispersed

here is how the revenue for land owners will work

Just clarification you do not sell it to market individual landholder earnings are a stable "5%" of total are earing as simply based on what that individual landowner can produce.. So there is no peer - peer sales or any "competition" between landowners for the "best price"

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"

Revenue Distribution ( from the draft form the IIP land sale)
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.

[clear torrent]

I still don't see how im "WRONG" your not getting your point across sir.

[analog inlet]

ILV staing 100% of ALL REVENUE from ALL ips = More PASSIVE money long term

Land =Less money long term ( when you compare total income generated form both)

this is a FACT not anything that can be disputed

[clear torrent]

how is land less money long term? simply because your seeing 5%? 5% of 1,00,000 in our first year compared to 5% of 5,000,000 is greater? I dont understand what you mean by... LESS money.

[analog inlet]

https://tenor.com/view/stephen-colbert-face-palm-ugh-disappointed-hopeless-gif-16894365

read over what i posted ..if you cant understand it i can't help you someone eelse can try im done

[clear torrent]

I think your overcomplicating my statement here... I'm simply saying the income/generated by LAND SHOULD always increase. I'm not saying it'll be MORE valuable than STAKING or bigger rewards than staking... simply that the more players that enter the ecosystem of ILLUVIUM the more ETH your land/FUEL produces which should reflect on the value of your land should you choose to sell. Right? Is this stated better? How is this wrong?

[analog inlet]

If you take staking out of the picture yes . Land and fuel value will increase as new IP enter the ecosystem especially after all 100 000 are sold

[clear torrent]

Thank you for clarifying. This is what my original comment was getting at. Not sure how staking got involved.

[analog inlet]

future the only thing certain is it definitely will be worth MORE year after year after year especially as new games enter our ecosystem. <----- the way this is worded it sounded like you were compare staking to land in terms of ROI

[clear torrent]

Well correct me if I'm wrong, but will the FUEL ONLY be used for the main game of ILLUVIUM? I believe it's been mentioned(I'm searching for it but haven't found just yet) that the TOKEN may be used in OTHER games in the future as well. If this is the case that also gives land and the fuel it would produce an immediate boost each title that comes out? Would it not? In reference to the FUEL TOKEN here to clarify.

[analog inlet]

The token is not tied to any game like fuel is.

The token exists outside .

Think of it this way every time the DA0 makes $1 for ANY source - games , movies , tv shows , merch , books etc etc it goes back to the ILV staker in the for of 100% Revdis for the ENTIER life of the DAO

Fuel is limited to 5% of fuels sales form the games it is used in ( could be multiple games)

[clear torrent]

Yes, but though staking ILV earns you higher rewards and is safer. The FUEL tied to land/production is also tied directly to the games ecosystem and therefore is influenced by the # of players and the amount of money spent within the game(just maybe not accountable for every $1 spent only those tied to FUEL). You made it sound like land depreciates over time and loses it's value. All I'm getting at, is the Land should increase in value over time(probably not proportional to staking ILV I dont care about that, I'm just building a case for investing and that land owners will receive an ROI)

[analog inlet]

i have never said land depreciates.......can you please tell me where you saw this so i can clarify/ rewordrd my statement

[clear torrent]

when you said staking is more money and land = less money and made it seem like I was missing something about the mechanics of it all.

[analog inlet]

Sorry I mean less passive income when compared to passive income generated by staking i added a edit to the original statement for clarity

[tawny sandal]

I think ILV is a safer play than land, but it's hard to say the ROI on land. We don't know how much blueprints will be worth or what future utility gets added that the market values.

[clear torrent]

That's another interesting topic. Perhaps the utility of land is adjusted by the DAO in the future? Land's 5% could theoretically be adjusted... We don't know a lot of things but it's fascinating that a digital NFT produces a passive income in FUEL simply by owning/managing it.

[analog inlet]

its not really passive you still have to "work" ( play the game) to produce the fuel in order to swap it i guess once all your building are builtto full efficaency it will be easier

[clear torrent]

Still... sounds pretty passive to me. if it means I make $100's or eventually $1000's possibly per month it doesn't really matter how long it'll take per day to check my phone and click a button or two and not have to check it again for hours... or possibly days(if it's anything like Game of War or other franchises days/week timers could be possible).

[umbral abyss]

wen land

[analog inlet]

https://tenor.com/view/witch-crystal-ball-fortune-teller-gif-14283208

No offical date has been announced please check #📣〕announcements if you do not see a sale date there it has not been announced

[umbral abyss]

thanks blood

[amber atlas]

morning folks

[autumn island]

good morning~

[analog inlet]

https://tenor.com/view/garfield-hi-there-waving-friendly-cats-gif-18946417

[tawny sandal]

I made a spreadsheet (that I haven't proofed yet) comparing the potential revenue of ILV vs land. FYI in case anyone finds it helpful. https://docs.google.com/spreadsheets/d/1TBtQbWnqz5KMxKTirqiaie-mGCNBNgExgMXX56gRi_c/edit?usp=sharing

It's super basic at the moment to give a rough idea. I'm going to add in some more complexity later this weekend.

[analog inlet]

have you factored RevDis it would be very hard to since no one knows that the monthly revenue of the game will be

[amber atlas]

at least with that you can put in a variable and try to make some educated guesses... trying to predict revenue from blueprints is much harder

[oblique basin]

Did someone made a pool to trade silv2 on uniswap

[analog inlet]

if they did it would be unofficial and not supported by the DAO

[vivid cipher]

Use the token contract from #🔗〕helpful-links if you want to check.

[oblique basin]

Yes just like the pool we had with the silv

[analog inlet]

unlike last time no specific information is being given out about it this time

any intrested party needs to DYOR

[oblique basin]

If i ever find a pool on uniswap, and i verify the address of the coin. If i swap there, is there a chance that i dont receive the coins and lose my eth?

[analog inlet]

verify the with the info @vivid cipher gave you

[vivid cipher]

You should understand the risks of low liquidity in a pool.

[oblique basin]

So if i swap and there is not enough liquidity i might lose it right, so i need to insure that there is enough liquidity before swaping

[vivid cipher]

Yeah kind of. You’d get something. But it could be very little. Most DEXs will have a slippage limit set to help protect users. But you’d want to make sure you know how it works. And know what you should get before swapping for anything.

But The token contract can’t be faked. That’s part of the security of ethereum network. A different contract could be made to look like the real thing though. Which is why getting token contracts from proper sources is key.

[tawny sandal]

It only takes revenue from fuel into account and only considers the different number of fuel sites per tier. It also assumes a fixed supply of ILV (which I set at 7m for the default).

I want to add in revenue from blueprints and illuvidex sales and update it to account for the changing circulating supply.

There are many assumptions built-in, but I'm trying to make an ILV vs. land decision. The fuel is based on ratios, and the circulating supply is known, so I figured this is some additional data (even if not exact) to help me.

[analog inlet]

Making a ILV vrs Land decision without accounting for RevDis is ...unwise

https://tenor.com/view/indiana-jones-he-chose-poorly-choice-choose-poor-gif-5056977

[tawny sandal]

It accounts for revdis from fuel right now, but not illuvidex sales.

That was the easiest thing to do first since the number of fuel sites and land/dao ratio is known.

[analog inlet]

I understand that jsut trying to make sure you can make a "fair" comparison so you make the a "fair" choice. I have noticed people seem to under value the value of 100% RevDis brings

[tawny sandal]

The math I was having trouble doing in my head was the difference between (super simplified) 1/100,000 of 5% vs 1/7,000,000 of 95%

[analog inlet]

What will realy blow your mind is its not 95% 5% and 100%

[tawny sandal]

The 95/5 was only about the fuel split.

Long-term ILV getting 100% of other revenue might be huge, even if you only include illuvidex sales. If you take merch, media, etc., it might be massive.

On the flip side, land also has blueprints. Illuvidex + merch + media is probably >>>> blueprints, but we can only guess right now.

This also doesn't account for any premium people place on ILV and land.

[marsh sage]

Revdis virtually guarantees staking will be more profitable in the short term. Long term is more uncertain and depends more on future expansions into the universe.

[analog inlet]

Fuel relies on specific game expansions for profitability ILV does not

So No **Long Term ** ILV still has the advantage

The ILV token is not tied to any game like fuel is.

The token exists outside .

Think of it this way every time the DA0 makes $1 form ANY Source - cosmetics, games , movies , tv shows , merch , books etc etc it goes back to the ILV staker in the for of 100% Revdis for the ENTIER life of the DAO

Fuel is limited to 5% of fuels sales from the games it is used in ( could be multiple games)

[pale gate]

are there any price predictions for first land drop?

[hearty cradle]

yes

[pale gate]

Where can I find this information?

[hearty cradle]

Pinned

[pale gate]

I dont see it.. would you be so kind to drop the link?

[pale gate]

^

[marsh sage]

There are 100 ILV token to every piece of land in Illuvium Zero. I understand your point and the math behind what you're saying. And I also think that there is a distinct possibility that fuel sales in games and other future uses of the land may cause it to appreciate more than the token in the long-run. I wouldn't say that I expect that to happen but I'd guess there's at least a 15-25% chance that the land appreciation surpasses the token eventually.

[hearty cradle]

#🎮〕illuvium-zero message

[analog inlet]

Sorry but I have no clue what you are saying there ? 100 ilv ? your not making any sense .... I think your misunderstanding alot.

[tawny sandal]

@hearty cradle The additional boost for higher tier land doesn't seem to make up for the higher costs. While higher tiers get a bigger boost, there are more of the lower tier lands which dilutes the boost for the higher tiers. I don't think the additional speed to get to max production will have a large impact long term (e.g., measured in years). I'm gonna check the math tomorrow https://docs.google.com/spreadsheets/d/1TBtQbWnqz5KMxKTirqiaie-mGCNBNgExgMXX56gRi_c/edit#gid=0

[marsh sage]

There are 10M tokens and only 100K land plots. Assuming that many players will purchase land early here, there will be major demand for land in later years if the use cases continue to develop. Assume that we have a player base of 5M in the next 3 years, it’s not at all unlikely that all who wanted to invest in the token would do so. That’s not at all true for land plots.

[hearty cradle]

time to upgrade your buildings will be halved, meaning sooner BEP, meaning higher ROI

[marsh sage]

10M ILV tokens, not sILV

[simple juniper]

the ILV token has no correlation to land. ILV is used as a governance token

[analog inlet]

the amopunt of tokens has nothing to do with the ammount of plots you are completely mixing up everything in your head

[marsh sage]

I know…the discussion was if the token or land will be a better long term investment…

[pale gate]

Thanks! I am assuming the sale is not yet available, will they notify us on announcements once the time comes?

[hearty cradle]

they are irrelevant

[marsh sage]

And the number of tokens and the number of land plots is absolutely essential to that discussion.

[analog inlet]

noo there not

[hearty cradle]

yep

[tawny sandal]

Yeah, but once they're maxed out they're maxed out for good (correct me if I'm wrong please). In 5-10 years I don't think having them maxed out in 1 month vs 6 month is going to have a significant impact.

[hearty cradle]

not at all

[analog inlet]

@marsh sage read this for a better explanation #🎮〕illuvium-zero message

[tawny sandal]

You'd need to have some sort of mechanism where you had to do things to maintain fuel production where faster building speed mattered (e.g., buildings decay)

[hearty cradle]

do you rather invest in a 10% apy or a 20% apy?
Given the same risk

[marsh sage]

Mate, I’ve helped with many spreadsheets for calculations and estimates for both token and land valuation. I understand how it works. My statement was that the revdis from staking the tokens makes them virtually certain to be more valuable in the short term. But in the long term, price appreciation due to scarcity of the land and future use cases makes it more uncertain which would be a better long-term (I.e. 3+ year) investment. I’m not sure how you could possibly argue that you know for certain that’s not the case. We don’t even know the basics of fuel costs and blueprints so all of that is pure speculation right now. We can estimate revenue based on other games like Axie or spending in non-crypto-games so the revdis side estimates are a bit more concrete. You can believe that token investments will be better long-term (I think they will as well) but my point was it’s not a sure thing.

[hearty cradle]

there are 21mil BTC and 2.1 trillion USD

doesnt mean people will convert it to btc, you still pay taxes in usd

[tawny sandal]

Yeah, no, you're right. With the boost adjustment, higher tiers get more Revenue per ETH invested. Depending on what they actually sell for of course.

[hearty cradle]

it's irrelevant because token and land serve different purposes

[analog inlet]

If you read my link then you would understand your comparing somthing that gets %5 of fuel sales possibly on multiple IP

to ILV that makes 100% RevDis on everything single 1$ the DAO makes no matter the source.

it doesn't t matter how much blue prints o are worth -- it does not matter how much the land it self is worth .

The only thing that matters is

Land+ 5% of fuels sales compared to

ILV = 100% revdis of EVERYTHING. including fuel sales

[tawny sandal]

Correction: At the high end prices that's true. At the low end T2 and T1 provide the most revenue per eth invested.

[hearty cradle]

when comparing different investment, should be in APY/ROI

[amber atlas]

"it doesn't matter how much blue prints o are worth " -> If you sell a blueprint NFT directly it has no relationship to the DAOs revenue

also it is worth noting that Fuel sales are for in-game revenue, revenue outside of the games won't be part of land holders 5%

[hearty cradle]

if i get my investment back half the time, meaning i can invest in another land, or sell it and compound on my eth

[amber atlas]

(maybe everyone is clear on this, just pointing it out)

[analog inlet]

My point is that if you sell a buptint for $1000 that is a one time sale -- a ILV staker could make the same $1000 over time multiple times passivly

[marsh sage]

This is my point Solar. We agree completely on the short term calculations and the numbers. My statement is that we don’t know for sure what future use cases will be for land in the Illuvium meta verse.

[amber atlas]

sure but maybe you sell 100 blueprints for 5,000 each

you can't discount blueprint revenue, we don't know what they are worth

[hearty cradle]

skinssss moar skinsss

[marsh sage]

So you can’t just draw a straight line from today and assume that because the revdis seems to make the token more valuable now, that it will definitely surpass land value later also.

[autumn island]

Are you talking about transaction fee the IlluviDEX charges? People can sell it anywhere like OS

[left musk]

Iam all in

[analog inlet]

No debating that over the long term ILV staking with RevDivs is inherently more profitable than owning land simply due to the tokenomics

[hearty cradle]

ok no blueprint for you @analog inlet

your ilv will be running basic 😆

[marsh sage]

We can agree to disagree. The founders have indicated on several interviews that they don’t even know all the use cases for land yet so I’ll err on the side of ‘it’s uncertain’ in the long-run.

[autumn island]

Ok I just read it, I have the same feeling I agree. Unless there are too many people to share the RevDis and only a few to share the 5% FUEL sales.

[analog inlet]

https://tenor.com/view/the-office-bow-michael-scott-steve-carell-office-gif-12985913

[hearty cradle]

guys, investing in land in game is the same as investing in land real life, highly speculative

[marsh sage]

Others should as always do their own research and make whatever decision they think is best for their time horizon and personal goals. I think it’s a fair discussion to have though. Thanks for a spirited and cordial dialogue even though we have different opinions.

[amber atlas]

it is worth noting that the goal is for the game to be complex, so better play can mean you get more than your theoretical share (i.e. not everyone will play optimally)

[hearty cradle]

and dnt forget value of staking = ilv price. Value of land = eth

[autumn island]

There is also the market price of Land NFT we can't foresee. It's like real estate in real life, you might get less rent income but a high capital grow, or the other way around.

[amber atlas]

finally, if land is perceived as not worth playing, then we will add things to make it worth more

[hearty cradle]

ilv can 10x at release who knows

[amber atlas]

its not like the game is released and it never gets new features

[hearty cradle]

whoa lets not drive up demand will ya

[analog inlet]

would that have to go though an IIP process?

[amber atlas]

yes

[hearty cradle]

im so not gonna vote you @analog inlet

[amber atlas]

but I think the community will be behind the idea that we don't wont dead games, particularly one attached to land

[analog inlet]

im not running how can you NOT vote for someone who isn't on the ballot ?

[amber atlas]

I guess everyone is not voting for you 😉

[hearty cradle]

Whaat why

[simple juniper]

I feel that Solar is very intelligent and has analyzed the lot of this game TBH

[hearty cradle]

I was kidding?

[simple juniper]

haha I figured

[analog inlet]

umm thanks

[hearty cradle]

why the hay are you not standing

[analog inlet]

mabey ill set a world record forthe most non votes ever in a DAO election ? lol

[hearty cradle]

we dnt need popular vote

why would we want popular vote? Crypto game is the only chance we choose merit

[autumn island]

Anymore IZ questions before Johnny go off line?

[hearty cradle]

wen

https://tenor.com/view/when-wen-naru-yummi-yummi-universe-gif-23030317

[autumn island]

https://tenor.com/view/coming-soon-gif-18239892

[hearty cradle]

https://tenor.com/view/angry-cat-hiss-gif-16141788

all this silv2 and no land

[left musk]

[barren spruce]

I haven’t read this channel for quite a while being on vacation in Thailand

Wonder what ppl think about the current market and the price of silv2

[hearty cradle]

https://tenor.com/view/smirk-ryan-reynolds-grin-gif-4553503

[dense cipher]

Gonna check soon

[empty path]

Why is your squiz not moving? 👀

[dense cipher]

fake

[empty path]

You right click saved an NFT from somebody else?

[dense cipher]

Ahahahah😂😂 I have to make a gif

[empty path]

That NFT is a gif, you need to learn how to use a computer 😛

[dense cipher]

Ss it. But I have 2 so one is going to be jealous

[dense cipher]

here i am now.

you can have it from ILV staking or by uniswap

[little moon]

i don't find in uniswap

(ance spiegazione in ita se vuoi)

[analog inlet]

• sILV v2 is NOT an official investment and it was never intended to be traded or speculated.
• the only OFFICAL way to get SILV v2 is though staking rewards .
• Illuvium DAO will NOT be making an official pool for sILV V2.
• An unofficial sILV V2 pool is not guaranteed and you must DYOR to find it

FYI: Trading sILV v2 will

• be unofficial
• not be supported by the DAO
• be at your own risk
• have inherent risk

[little moon]

ooooook

[slow flame]

sorry guys, the contract of sIlv2?

[snow trench]

which is the different between sILV and sILV2? help

[analog inlet]

silV is dead sILV-2 isthe replacement

[left musk]

sILV worth nothing, sILV2 is worth something

[analog inlet]

#🔗〕helpful-links

[snow trench]

why if add sILV2 at metamask i see no icon?

[dense cipher]

you should see it. did you get the contract id from #🔗〕helpful-links ?

[snow trench]

yes

[snow trench]

it s tha same contract, i just don't see the icon as you. But it s fine i checked it s the same

i m not worried about now, thx

[fast basin]

hi to everyone, i just added the address of the sILV2 from this discord on uniswap and made the swap, how can i check if it's the right token? i don't have the icon

[cyan dew]

#🔗〕helpful-links

[vivid cipher]

The token contract is the way. Use etherscan. Some wallets never show icons.

[fast basin]

ok, so if i used the contract form this discord, it will be ok. Why some wallets never show the icons?

[vivid cipher]

They have issues.

But when you look on most wallets they show a way to look at the blockchain data on a site like etherscan.

[fast basin]

ok i have just checked

is it possible stake the sILV2?

[simple juniper]

No it is not

[fast basin]

ook, only the ILV than

[simple juniper]

Yessir only the ilv can be staked

[vivid cipher]

!staking v2 contracts aren’t out yet. We will need to wait for the team to roll it out.

[dry forge]

When holding ILV, staking is a way to gain additional rewards from yield farming and revenue distribution. The process for staking is the following:

• Acquire either ILV or Sushi LP tokens.
• Go to the official Staking App.
• Enter the right pool according to the tokens you acquired.
• Decide your lock duration. The longer the lock, the higher the weight.
• After approving the contract, confirm the staking of the desired tokens.

[fast basin]

it's only on the ETH chain? how many ILV i have to stake to make it worth despite the ETH fees?

[high meadow]

Bro fees can go from as low as 50 to 200 maybe? If it was me I'd do at least 2 ilv

[fast basin]

Thank you!

[high meadow]

You welcome 🙏🏽

[marsh sage]

ETH fees have been as low as $10 lately. Just check the times and hold a bit for a good time/day of the week as needed.

[harsh dew]

yes, during land sale you can buy land with sILV2 or ETH but not both at the same time. ex: can't do that --> 60% sILV2 and 40% ETH.

The value of your sILV2 will be equal to the value of ILV during land sale.

[inland tusk]

Am I mistaken, or is the ILV to ETH price ratio worse now than when the land sale was originally supposed to take place? So the criminals have double screwed us?

[analog inlet]

ATH for ILV was $1900?us I believe at one point ... so yes .

[hexed thistle]

...

[severe oracle]

I'm surprised that ILV didn't pump with the distribution of sILV2. Does anyone reckon that when the landsale date is confirmed, we will see an improvement?

[ivory bough]

ILV and sILV have literally nothing in common except price.

[severe oracle]

true, i was thinking just in the sense that when positive action is taken (follow through with sILV2) that we see confidence in the governance token.

[ivory bough]

ILV will run its own course. As for sILV, since ppl create pools outside of the economy, anything can happen to it. ppl thin kit is cheap, bet it used to be traded 30% of the ILV price before the exploit. Well, all in all, we'll see what prices we hit. Though try keeping the price talk in #💰〕token 🙂

[severe oracle]

yes, patience is key 🙂 sorry, yeah I only started thinking about it here because of the price ratio of sILV to ETH for the land sale.

[ivory bough]

No worries 🙂

[spice plover]

Are we going to be able to move our stake SLP's and claim sILV before the land sale?

move to V2* i mean

[amber narwhal]

now when sILV2 is now deployed, is it then easier to make an estimate on when the landsale gonna happend? got no patience and would really like a date

[vivid cipher]

Yes. V2 staking should be fully operational before the land sale.

[vivid cipher]

the staking contract is probably more important as a preliminary to land sale. And that is probably the next thing to get rolled out. After that the dates could be set for the land sale.

[spice plover]

thank you!

[feral tulip]

Can i buy silv?

[neon vault]

You mean silv2?

[feral tulip]

Yes

[neon vault]

Yes. You can find it on uniswap. Just make sure it is the correct contract address.

[feral tulip]

Okay thanks

[west orbit]

any update on land pricing?!

[analog inlet]

no it will be announed in #📣〕announcements if you don't see it there it has not been #announced

[real ore]

The sILV2 that we claimed is the sILV that we had before is that correct?

[simple juniper]

that is correct

[real ore]

Thanks for the clarification 😊 I thought it was a different one sorry

when can we claim our ILV rewards as sILV2?

[simple juniper]

as soon as Staking V2 releases just keep an eye out in #📣〕announcements for more information regarding that

[real ore]

Thanks mate!

[real ore]

I just have quick question again, will Illuvium zero come before open beta? or after open beta?

is it the mobile launch in the mini roadmap that i see? which is 2023? or nah

[analog inlet]

this is form back in august but accordingto @amber atlas its supposed to be release at the same time as open beta.
#🎮〕illuvium-zero message

not sure if that is still the plan

[muted moth]

Most likely will come before open beta. I asked Johnny about it here: #🎮〕illuvium-zero message. But like the message Solar linked said, the earning capabilities won’t turn on until open beta launch of Illuvium

And during that time where IZ is playable but Illuvium isn’t in open beta yet, we can get blueprints. Or at least that is the latest we’ve heard

[amber atlas]

basically alpha is planned to be aligned with end of land sale (alpha = open to all and fully playable but fuel is not real, no revenue generation, all progress will be wiped before open beta)
Illuvium Zero beta release will be aligned with open beta of main game (at which point those who hold land can generate real Fuel, and thus revenue)

[hearty cradle]

im guessing blueprint will be very limited since we dnt have many illuvials on release

whats the roadmap for IZ? land sale, reveal, beta?

[amber atlas]

there is a 1.1 release which lets you mint actual blueprint NFTs, that can happen before main game, but it is a very limited set of Illuvial Biodata and Blueprints that will be in the Alpha(1.1) version

basically we consider this a small gift for participating in the Alpha, and expect most land holders to get most if not all of these Blueprints

[empty path]

Ah doodles ofc

[hearty cradle]

that means we can play IZ before ILV release

i just hope land sale is before March 31st. ILV may be worth less 😢

[young marten]

So if we withdraw SLP now we lose all rewards since January when update to V2 began?

[dense cipher]

Yeah ofc 🙂

But here it’s squizz the star

[vivid cipher]

The update has not started. The staking contracts were paused because of the compromised security. V2 staking has not started to launch. It’s going through audits. But yes withdrawing disqualifies is for those rewards.

[little moon]

when is land sale and how much it?

[humble lichen]

wen

[empty path]

No official date and starting prices announced

[ivory vine]

Starting prices for the dutch auction were supposed to be determined via a proposal still which hasn't happened yet.

[empty path]

soon

[plucky venture]

You know, I have to wonder about some of the folks that claim to be "supporters" of this project. I started buying Alchemix ($ALCX) at around $1,500/token, it went up to ~$2000, and they had a few bad days, like Illuvium. That thing is down 95% of value from ATH. I still believe in the project and team, and I've thrown more money at the token at $300, $200, and now in the $100's. I'm not worried about it returning to value - it will it's time. It's still an amazing project.

And yet, this project is only down ~75%, has more moving parts/complexity in the works, and just delivered tokens to all holders of the original hacked token to make us whole. The impatience is kind hilarious given the scope and the closeness of delivery. If you were going to starve to death by this weekend if you don't cash in your crypto, maybe just buy lottery tickets like other poor people? Come on. We ALL want to play. If this was a rug, it's the lowest, goofiest, hardest-possible-way-to-do-it rug pull in history.

[hearty cradle]

i am impatient to play the game

you know whales wont make a game last longer than it should

[spring jetty]

so can we purchase the land now? or we have to wait until the game release?

[plucky venture]

Neither. Land sale will be it's own event.

[empty path]

We have to wait for the land sale 🙂

[plucky venture]

Although, now that I say that, I vaguely remember something about buying the land through the mobile client (Illuvium Zero). That would mean release of the mobile game and the land sale should largely coincide.

[cyan dew]

When is the game launch

[ivory vine]

No final date yet, but Q2 is what is the most recent estimation, I guess 🙂

[cyan dew]

Thank you ❤️

[cyan dew]

When is the landsale again?

[empty path]

We don't know yet.

[uneven atlas]

My guess would be early April for land sale

[empty path]

Quite possible, I'm still having some hope for late March 😄

[cyan dew]

That would be amazing

[timber sapphire]

But staking is first right

[empty path]

Yes, afaik staking v2 is next on the agenda

[gaunt coral]

A lot of delays 😦

[torpid geode]

what is the new silv2 address?

[ivory vine]

Found in #🔗〕helpful-links 🙂

[torpid geode]

got it thx

[safe canopy]

hello all the SILV2 i see on Uniswap - is that an unofficial pool or official? dont know if that matters?

[cyan dew]

unofficial

[safe canopy]

Thanks.. but is there enough liquidity in there? for a purchase of 10 or 20?

[humble lichen]

Try it out, you can see the spread on uniswap when you put in the amount you want to trade

[stone jewel]

Just to confirm, are these still the prices of land?

Tier 1 - 0.5 ETH
Tier 2 - 1.5 ETH
Tier 3 - 5 ETH
Tier 4 - 20 ETH
Tier 5 - Silent Auction

[empty path]

No, the community rejected these prices because they are too low and community was afraid of gas war.

[tawny sandal]

One of the pins has a graphic with new proposed estimates. They're 2-2.5x higher then those original numbers.

[small star]

But …. With the new hybrid system …. Who knows 🤷🏻‍♂️

[empty path]

Hybrid system ser?

[small star]

Minting on L1 but land in fact minted on IMX

[tawny sandal]

If there was going to be a gas war, the prices were too low even if it's mitigated by minting on IMX. Ideally the starting prices are a tad too high and no one (minus FOMO) buys until they start to come down.

[fickle forge]

Yeah true

Guys I have a question: If u want to buy land with sIlV2 with what should I pay the gas

[muted moth]

Yea but you still gotta pay gas to finalize the purchase. Still gas war potential sadly

[muted moth]

With the only thing you can: ETH

[stone jewel]

ok, thx! where can I find the current land prices?

[empty path]

@woeful meadow

[stone jewel]

sorry, not gas, I mean land* 😅

my brain bugged lol

[empty path]

We are waiting for a new proposal with land prices.

[stone jewel]

ooohhh ok ok. Thxx 💚

[fickle forge]

So there should be eth aside to pay the gas? Or the transaction will not take place ?

[muted moth]

Yes. You must have ETH to pay the gas fee. You won’t be able to authorize a transaction if you don’t have any in your wallet

[hearty cradle]

too late silv2 went up

[stone jewel]

too late for what?

[hearty cradle]

buy them cheaper?

[stone jewel]

ooohh ok ok. Let's see, might come down again 😅

[hearty cradle]

admirable

[stone jewel]

too bad I was sleeping when it was down to $160. I woke up and it was up again 😢

[hearty cradle]

ill wake you next time, if there is

[stone jewel]

[hearty cradle]

it's still 50% off tho

[stone jewel]

yea, u are right. I have some sILV already to buy the land, I am just not sure if I should buy more or not because idk how much the lands will be. So idk how much I'll need to buy

[hearty cradle]

you still can use it for travel and curing shard

[stone jewel]

yea, true that... I might buy it soon and in case I buy a little extra then what I need for the land, I'll just use it in game

[hearty cradle]

good plan

[stone jewel]

thx man. And u? What are u planning?

[hearty cradle]

the same. you wont see an arbitrage this big

[stone jewel]

u are right. For which tier u are going for?

[hearty cradle]

at this rate people will be buying at opening price

T3/4 if im lucky, u?

i made a lot during this volatility so

axie land was a bust, hope to flip on this one

[royal gorge]

I didnt find a link to sILV LP on PINs, is there one?

[hearty cradle]

ofcourse not

[flint escarp]

so after the land sale will the land be able to be purchased on imx right away?

[hearty cradle]

why would you want to buy it secondary? you might want to wait for reveal first

[stone jewel]

Seems like it for me as well.

[stone jewel]

Sorry for the late reply, got busy here with something else.

And nice! I am thinking between T2/T3. Do u have any idea by how much will the prices of the land change? Or no idea? Cause at first I was planning t3. But now that the price will get higher, not sure

[muted moth]

Not confirmed, but it was said that the team was looking at roughly a 2.5x increase. Note this is the starting price, and not the price you should buy at. Ideally, the starting price is so high no one will buy at that price, and then it drops quickly, and you buy when you feel comfortable with the price. This also helps to prevent gas wars as well

[royal coral]

Whit how many sILV2 do you think will I can buy a t2 land approximately?

[heady dew]

is there anyone who has done calculations on how much land will be earning fuel wise?

[muted moth]

Not that I've seen. Hard to do since we don't know the outputs of the fuel sites

[royal coral]

Do you know guys with how many sILV2 can I approximately will buy a t2 land ?

[empty path]

No way to know. It's going to be a dutch auction and we don't know the starting prices

[ivory vine]

Starting prices have not been defined and being a dutch auction, it is hard to predict what prices the lands will go for 🙂

[vivid cipher]

This may be a useful tool. #🎮〕illuvium-zero message

[hearty cradle]

with the current rate of silv2, i think people will buy them at starting price. The council might increase prices because of this, but it will def eliminate eth rev

[muted moth]

Yea it is possible. I wish they would do something like a 10x price increase. That would definitely dissuade anyone from buying in at start price.

[hearty cradle]

i dnt like you

https://tenor.com/view/the-office-no-angry-steve-carell-michael-scott-gif-5606969

[muted moth]

10xing the prices would force people to wait

[hearty cradle]

without 2nd land sale on the horizon whales might do crazy

[marsh sage]

Scoriox has a video out from maybe a month ago with some estimates

Obviously there’s a lot of speculation invoked because we don’t know travel costs or player base for sure but you can start there

[hearty cradle]

his calculation suggests a very long BEP

[stone jewel]

Nice, I see. Thank you for the insight

[oblique basin]

I am going to buy some more silv2 for the land sale, is it true that the gas fee on uniswap are way cheaper, i say on one video someone recently paying 11$

[potent dock]

Gas fees are pretty standard across DEX. Gas prices have been really low at certain points lately, which does make the transaction cheaper. It has very little to do with where you're transacting, and a lot more to do with gas fees being low across the network.

[oblique basin]

oh i see, the slippage is set at 25% when i tried to swap, anyone have a suggesting on what should i set it to. i am thinking 0.5%

[potent dock]

I'd do 1% or less personally. This article by Deraji talks about one of the dangers of high slippage. https://www.publish0x.com/ilvfi/illuvium-silv2-don-t-get-sandwiched-xqmrdwj

[reef echo]

I had no issue with 0.25%

[tawny sandal]

On the up said, that would lead to some nice revdis from the land sale :)

[hearty cradle]

are we getting revdis with silv2 purchase?

[analog inlet]

no

[hearty cradle]

my thought exactly

it will only be eth purchases
It needs to be incoming fund from outside the system

this land sale wont generate much revdis, because people are buying in silv2, due to the high arbitrage

[analog inlet]

RevDIs are on any sale made by ETH no matter the the source ( anything that is sold by the DAO or the DAO receives revenue from)

[hearty cradle]

silv2 is actually accounts payable, and the sale no matter what it is paid in, generate revenues, it's just balanced out the the interest expense on staking

[junior comet]

Haven’t seen any land sale update in the announcements, still looking like April?

[flint jacinth]

!contract

[dry forge]

ILV Token: 0x767fe9edc9e0df98e07454847909b5e959d7ca0e
ETH/ILV SLP Token: 0x6a091a3406e0073c3cd6340122143009adac0eda

[empty path]

Please use bot commands in #👑〕bot-commands

[flint jacinth]

Oops, sorry. I'll be careful

[unreal moon]

Did you know, how much coast the land by the start of the sale?

[empty path]

The first proposal got declined by the community, we are waiting for a new proposal.

[unreal moon]

Thanks for the information. Do I see this correctly, 1 SILV2 is worth as much as 1 ILV when buying land?

[tight kestrel]

if silv2 is wont generate revdis, silv2 used on land will be burned?

[abstract knot]

Yes

[empty path]

Correct

[unreal moon]

Thx to you

[hearty cradle]

what do we want? Land
when do we want it? Now
when will it be? ETH ATH

[high meadow]

Buy eth now in advance brooo

[hearty cradle]

the 15th !

[swift crown]

yeah sir... i'll be doing the same

[hearty cradle]

so you havent heard about silv2?

[tall bear]

Why would people bother paying land sale in eth then ? Why wouldn’t everybody just buy cheap sILV2 ? (Sorry if dumb question 😅)

[empty path]

Some people still don't know about sILV2 I guess

[boreal vine]

But sILV2 cant be bought rn. Can it?

[empty path]

There is an unofficial pool already but this is not supported by the Illuvium Team.

[hearty cradle]

limited supply too

i guess people are just waiting for the 15th. Good times

[cyan dew]

What is happening on the 15th?

[hearty cradle]

Fomc

And locked token release on the 31st

[latent kiln]

fomo is strong arround the land but the token too?

[hearty cradle]

just the land

[reef vapor]

@hearty cradle think it's better to wait until the 15th or 31st to buy silv2, especially the 31st when some tokens might get dumped, or buy now?

[cyan dew]

i bought now

[fleet pumice]

Where are people buying silv2?

[viscid bolt]

Uniswap

[mental anvil]

i'm starting to think 24 silv isn't enough for the landsale

i traded 3.5 for that much prior to the crash, that is worth like 1 eth now

[reef echo]

Depends what tier your trying to get. I'm sure you can get in somewhere at 24. Tier 2 maybe

[mental anvil]

i shouldn't speculate i guess until we see the new prices

[high meadow]

Maybe you should wait for the second land sale prices might drop prior to that

[high meadow]

What is happening on the 15th ?

[lofty cape]

Might be the upgrade or land sale

Depending on the tier 24 sILV will be good

[left musk]

Its Like 12k in buypower

[lofty cape]

Second land sale might not happen before release

[ivory vine]

Hopefully more than that when the land sale actually comes around. I certainly hope for some positive price movement with staking v2 and land sale 🙂

[lofty cape]

The date for the first land sale was November and look where we’re at now 😂

Release mid to late 2023?

[past pasture]

https://tenor.com/view/mr-bean-waiting-still-waiting-gif-13052487

[paper flame]

I have 5.5 sILV now. Sure would be nice to get lucky and score a tier 2.

[hearty cradle]

Wait

[lofty cape]

Once the prices are announced players will dump or buy 🙂

[simple juniper]

Oh for sure if it’s cheap buy, if it’s expensive (which I think it will be) it’ll dump

[lofty cape]

$222 priced out now

Waiting to see where the rewards are after the upgrade

Only have about 160 days left of the first staking

Might just claim all rewards in ILV to revdis it

[simple juniper]

How do you know this?

[lofty cape]

The cost for sILV2 on Uniswap to buy

[simple juniper]

Ohh they made a liquidity pool already

[lofty cape]

there are two lol