EPID is Hosting an AMA with illivium.
🕖AMA Timing : 17th February 10 AM UTC | 5 PM (GMT +7)
🏚Venue For AMA: @EPID_Community_VN
💰Reward Pool : 100 USDT
➡️Segment 1: Project Introduction
Q1: Can you give a brief introduction of what illuvium is？What is it aiming to do, and what it intends to solve in this industry?
Illuvium is an RPG Collectible Autobattler set on a shattered planet that is all but destroyed. Your role is to hunt elusive creatures called Illuvials and battle them into submission. Once they have been captured in your Shard, they are yours. You can battle against other players once you have built up a team that matches your play style.
The major reason we made the game was we felt that there was a lack of quality titles in the space which has such a huge potential to be the next big thing in gaming. We know that people are desperate for a good collectible game, but we also know that people want to collect them in a game that is enjoyable to play. Great art is just half of the equation. You can get that already with real card games. The issue is that you can’t create fun experiences for players without risking their collections getting damaged, unless it is digital. Blockchain solves these problems, but only if everything is just right.
What we hope to solve is the issue of giving the blockchain real value in their NFTs. Something that goes beyond the art, beyond a single game, and beyond what is currently available.
Q2: Can you share some of your background and experience? How did you know and get involved in cryptocurrency? What made you decide to found illuvium?
From Kieran: My first exposure to crypto was back in 2016 when our other brother (Kain Warwick, SNX) and I started the first over the counter crypto exchange in Aus. I was in-charge of onboarding a number of new bitcoin exchanges, and quickly became fascinated by the space. Since then I have been actively involved in the space, investing in dozens of them and gaining a deep understanding of what people want. Aaron’s background is more on the math and game design side. He wasn’t actively involved in the space until last year, but he has spent most of his life designing all types of games.
We decided to found Illuvium once we deeply understood what was lacking in the space, and set out to solve those problems with our game. The scope of the project is incredibly ambitious but we work tirelessly, and we are experts at building the right teams for the job.
Q3: Currently, there are many scam projects that cause investors to lose. So, Why we should choose and trust illuvium?
I’m back 🙂
We just released our tokenomics which makes it abundantly clear that we are here for the long term. Every single party in our pre sale and seed sale will have their tokens locked for 12 months, and then linearly unlocked over a further 12 months. Our yield farming is a 3 year process. We are giving people adequate time to get to know what we stand for, so that they can be confident we are here for years to come. Additionally, our older brother is the founder of Synthetix and it is paramount that we can build a reputation as solid as his. Quantstamp are just about to audit our contracts, which have already been audited internally. We’ve put a lot of effort into making sure there are no issues for anyone involved in the project post launch. It’s meant many long nights iterating on ideas and following through with their consequences, but we think we have most of it figured out.
Q4: Can you tell me more and everyone here about illuvium ecosystem?
At the moment we are working to build our first title which will just be called Illuvium. This is the genesis of a much larger world that we intend to create. But for 2021 what you will be able to do is buy and stake our coin, and use that to earn rewards in a number of ways. We believe we have the most addictive and collectible NFTs of any protocol and much of the value of the project will involve players paying to catch these Illuvials, and then trade them on our exchange called the IlluviDEX. Anyone who stakes our coins will share in the revenues generated in the game. Not a portion of it, but 100%.The only way to be truly huge in the blockchain space is to build an amazing community. You can only do that if they are treated as equals.
Q5: What is a mission of project?
We aim to be the largest DeFi game on launch, and be able to bridge the gap between centralised gamers and decentralised gamers. Right now there is a fundamental flaw with games on the blockchain as they don’t offer enough substance when compared to games like League of Legends or Fortnite. We believe we have the team to do it, and backed up by a growing community, and the added bonus of liquidity that is flowing into DeFi right now, all of the fundamentals are there for us to achieve our goal
➡️Segment 2: Question From Twitter
The description of the Illuvials is striking and impressive, especially when we talk about the abilities they possess, from the spiritual point of view, what are the characters inspired by, what beliefs or mystical or religious inclinations inspire the creation. of each Illuvial?
The inspiration of the characters is actually quite mundane, but it’s important that we are honest to our community. When originally working out what would differentiate our characters from other games like Pokémon we decided we wanted to do something that was both alien and familiar. So we decided to use only extinct animals as our starting point. Many we have chosen because they look very different from what exists today, and they proved a great launching point to really go wild with our imagination. We felt this was the best way to develop a sense of collectibility. That combination of the alien and the familiar has proven to be a big hit with our fans. Not every Illuvial is inspired by something extinct however, but this is more to do with our requirement to launch with a large number of Illuvials.
That is not to say that there isn’t an element of religion in our game. Religion sits at the heart of the story of Illuvium but it is a religion that stems from this alien world.
🍎Why You decide to develop Illuvium on the Ethereum network? Is there a reason why You pick a blockchain with gas and fee limitations?
Ethereum is a great blockchain and if we had started the project 6 months earlier we may have chosen something different. But we spoke to the team at Immutable (the makers of God’s Unchained) and their upcoming product IMX seemed absolutely perfect to us. It is a layer 2 ZK Rollup solution. What this means is that in our game you won’t pay gas fees for minting and exchange, and transaction times will be subsecond.
Basically, we don’t suffer the limitations that others do. In fact we have a free to play element of the game which just isn’t possible for some games stuck on layer 1. So while it might be a valid issue for other Ethereum games, for us this is not a problem at all.
In the NFT market, the look of the NFTs as well as the art involved in their creation makes them very interesting. Does Illuvium have a team of artists behind the creation of your NFTs? Who are behind these designs?
We have a team of world class artists across all areas of the creation pipeline. We have a team of more than 30 so I can’t list them all here, but every single one of them is dedicated, hard working, and amazing at what they do. Kieran gets to take the credit for building most of the team, but they get to take the credit for doing an amazing job.
The creation of each Illuvial goes through a process that starts at ideation where we plan out every element of its development. The genus is studied to find out what it is that people love about that creature, and then we try to emphasise that. Once we have a clear idea of what the character could be, we start by creating concept art. This then goes through a pipeline until eventually we have a character optimized for the game that looks amazing.
It takes a whole team to make a single Illuvial, and sometimes even the community to help steer us in the right direction.
About Partnerships, may I know what’s the reason behind why ILLUVIUM have plan on partnering w/ number of large communities like SNX, Aave, DODO & Barn Bridge to offer Flash Pools for liquidity mining? And how about partnering outside Cryptospace, have any plans also? To whom & why?
The economics of collectible games relies on an active community with enough liquidity for people to buy and sell easily. The more active players per month, with large enough average spends can be the difference between a hit and a flop. That means that we want to target great communities of already existing protocols. This week we announced an Airdrop + flash-pool for members of the SNX discord.Not people searching for free giveaways, but people that are already active in their community. These are the sort of players that we want. People that truly believe in DeFi and have already learned about its transformative power.
The first day it was a bit crazy, with 3k new members joining our community within 8 hours. But in just one day since then we’ve already seen hundreds of them stop and look at what we are doing, and now they aren’t just SNX Spartans, but also Illuvinati.
Outside of the crypto space we plan to target large Youtube personalities with millions of followers. People that already understand the value of collectibles, but maybe don’t quite know enough about crypto to take the plunge. The long term goal is not to be a DeFi project, but to be a mainstream game that just happens to be built on DeFi because it is the best platform for our type of project.
What are your plans for this year 2021? Can you share it with us?
Our short term goal is to release a tech demo at the end of the month. That will be followed by another tech demo showing off some of the Overworld. After that we have our Balancer Liquidity Bootstrap Sale and a closed Beta before the middle of the year. Launch is expected to be in Q3 with a slow rollout of all the Illuvials and regions over time. Once enough players have a collection we will launch PVP via the Ranked and Leviathan Arenas. It’s going to be a busy year, as we are trying to pack 2–3 years worth of development into a period of less than 12 months. Like we said, we are ambitious, but we have the resources to get the job done.
In December Kieran and I plan to try that “sleep” thing that everyone has been raving about.
➡️Segment 3: Free asking
You guys are doing Ama’s in all group & almost answering same types of questions again n again? How do You feel about it???
It can be tough, but the thing we try to remember is that every community is different and we want to make sure that we don’t expect new communities to know what our existing community does. So we answer as best we can in the hope that some new people will get some information about it. But I’m trying to find some new and interesting questions, such as yours.
Marketing is a central element for every project, so that everyone knows the potential that a project can bring is vital to achieve the goals set. What is your strategy to attract new users and Investor to Your platform and keep them long term?
We want to attract gamers within the DeFi space, and also centralised gamers. our first target is DeFi gamers within big communities, and then our plan is to start working with Youtubers and Twitch streamers who have millions of subscribers. I mention this a lot but ultimately our goal is to bridge the gap between non-crypto games, and crypto games. We think that by providing a game of the same calibre as AAA mainstream games we will be able to achieve this goal.
The most important things in NFT is that it must have a real value like other crypto currency not just the symbolic value. How can we know if Illuviumio NFT have these characteristics? And what planned or strategies you are to adopt to make your NFT unique and greate valuable?
There are a lot of things that allow anything to have value. A few weeks ago we hired a qualified microeconomist to help us answer these questions and make sure that our NFTs were more than just pretty coins. But at it’s heart we have NFTs that people want, and we believe will enjoy playing with them. As long as there are people willing to buy them in order to be able to play and have fun, they will have value.
Illuvium project looks good but it confuses me that there are so many other good Blockchain project. Why should I pay attention in Your project to give it the importance it deserves? What are your planning to achieve with your project?
Follow our discord and have a really good look at what we are building. If it isn’t for you, or you don’t like the style, then I’m sure you will find something out that there fits your needs. But the reason I say join the discord is because once you see what we’re doing we are confident that you will stick around.
When a creator wants to start a project, what kind of documentation will they need to provide? Will it really be possible to crowdfund from any country when the platform goes live? Or will there still be some restrictions?
My suggestion for anyone looking to start a project is to think very carefully about where you exist in the space, and write an incredibly detailed plan that includes every step of the way. It can be easy to get lost along the way when you don’t have any road map or goals that you are trying to achieve.
I personally believe that anybody can make a successful project if they work hard enough at it and have a fundamentally sound idea to begin with. But like I said, plan it out. Most projects start with an idea but no plan on how to implement it.
For us, I was probably the main driver in making a concrete plan that had all the steps along the way. And this proved to be very important because investors see that you have thought it out, instead of just coming up with an idea and then jotting it down on paper.
We are very lucky that we have a brother with an incredibly successful coin, but his investment is only a percent of the total project. And so I would like to think that we’ve been able to stand on our own two feet. But if you have access to people who have experience in the space, use it.
And good luck!