Skip to content

51. Land Sale Explained

We are excited to announce all of the details regarding Illuvium Land and our upcoming Land sale!

TLDR version

In this article, we explain everything in-depth. However as we understand that some of you would simply like the highlights, here is a brief TL;DR version:

Illuvium Land: The NFT that produces more NFTs and tokens that you can own and play in Illuvium: Zero, our mobile and desktop companion game. Landowners generate a residual income by playing a fun game that rewards them for their time.

There are five tiers of Illuvium Land in the sale. Higher tiers represent increasing rarity and higher Resource generation. Tier 3 and 4 Land also feature rare Landmarks that significantly boost Resource production. Tier 5 Land features a legendary Arena that will host official Illuvium esports tournaments.

Land Perks

Landowners can generate a residual income by playing a fun game that rewards them for their time.

Players extract fuel from Tier 1–5 Land, which is connected to the economy of Illuvium and can be sold for ETH*. Players use fuel as currency in all future Illuvium game releases.

*Please note that the DAO will not enable revenue earnings from Land in the Alpha version of Illuvium: Zero.

Scan your Land for Illuvial Biodata and research this to generate rare Blueprints* (NFTs) for new skins. Players use blueprints for crafting, creating demand on the IlluviDex (our official market exchange).

*Landowners will be able to keep blueprint NFTs obtained during the Illuvium Zero: Alpha; this is our way of saying thank you for early participation.

Land exists in one of the seven regions of the world that each drone was dispatched to. Each region has common Illuvials of a particular affinity that are more likely to pass through.

It is possible to own and play multiple plots of Land. There is no limit to how many Land plots you can own.

Connecting adjacent Land to form a Mega-City is a confirmed feature in development.

Land Renting allows players to lease their plots to other players for profit sharing and is a confirmed feature in development.

Illuvium Land Sale Details

The Land sale starts on June 2nd at 13:00 UTC (9 am EST), takes place over three days, and ends on June 5th at 13:00 UTC.

Illuvium’s official IlluviDex marketplace hosts the Land Sale.

The first Illuvium Land Sale features 20,000 available Land plots. Only 100,000 Illuvium Plots exist.

Tier 1–4 Land plots are sold via Dutch Auction, which has a high starting price and decreases at 2.5% per minute, over two hours or until sold. This helps to address FOMO and botting; additionally, the auction duration helps to reduce the likelihood of a gas war. Tier 1–4 Land plot auctions begin at regular intervals over the three days. ETH or sILV2 may be used to purchase Land, but you can’t use both token types in a single transaction.

Tier 5 Land is sold using an English Auction format. This is a standard auction type with bidders pushing the price upwards with their bid until the auction time limit is reached. This auction shares the same start and end times as the overall Land sale, lasting three days. Bidders can only use ETH for Tier 5 auctions. Only two Tier 5 Lands will be available in this Land sale.

Tier 5 Land is special. It has the greatest amount of resource-sites and Fuel production and features a legendary Arena Landmark. Arenas are extremely rare and are used to host esports tournaments and provide owners with unique opportunities for revenue generation.

Note: Tier 0 Land is not connected to the blockchain, allowing players to explore and play Illuvium: Zero for free without earning potential. Tier 0 Land is not in the auction and is automatically generated for you, at no cost, when you first sign in to the Illuvium: Zero game.

Before you purchase a Land, you already know its Grid Position (location on the map), the Region it belongs to, its Tier level and the corresponding number of Element and Fuel Sites. You do not know which specific Sites are on the Land or the position of these Sites; these are randomly generated upon minting.

The entire process to get Illuvium Land takes place directly on the IlluviDex, the official Illuvium marketplace, without needing to visit any external site. You can browse land using the interactive map and save your favourite Land plots.

Users will need to connect their MetaMask wallet on desktop. Mobile devices may not be used for purchases on the IlluviDex at this time. We are working with our partner IMX to integrate mobile purchasing for the IlluviDex in the future.

Note: For this first land sale on the IlluviDex, the purchase part of the transaction occurs on Ethereum Layer 1 and incurs a standard gas fee. Users need to ensure their MetaMask wallet is loaded with enough ETH to cover this gas fee and either ETH or sILV2 to cover the purchase price of the Land.

After purchase, the minting part of the transaction occurs on IMX Layer 2, and there is no gas fee. This normally takes 5–10 minutes, depending on network congestion. The resulting Illuvium Land NFT is placed in the user’s connected IMX wallet and significantly reduces the overall gas fees spent during this first Land sale.

Revenue Distributions (RevDis) are payments made to stakers of the ILV token. The Illuvium Vault converts all ETH revenue generated from this land sale into ILV tokens and distributes them proportionately to ILV stakers.

The sILV2 used in the Land sale is burned and does not count towards RevDis. It is important to note that any time sILV2 is claimed and minted via ILV staking rewards, the maximum ILV supply reduces. Inflation bad, deflation good.

Finished the TL;DR and want to know more? Continue reading the full article below.

Introduction

Secure Illuvium Land across seven unique regions and create your empire. Build your digital industrial complex, extract Resources, create NFT blueprints, and reap the rewards! Illuvium games require Fuel extracted from Illuvium Land, making it pivotal to the economy. You can sell the Fuel you have collected for ETH at any time.

20,000 Land plots are available in the first sale, with only 100,000 total.

https://medium.com/media/5fec3659d6007a955568b5482a2a8bc6/href

Illuvium’s Land sale is hosted on the official Illuvium IlluviDex marketplace. In the Illuvium ecosystem, our Land, Illuvials, Equipment, Blueprints, Illuvitars and many other items are NFTs (Non-Fungible Token), digital items that you can own, trade or sell for ETH at any time.

Illuvium: Zero

Illuvium: Zero is our mobile and desktop companion game where you develop and manage your Land plots and build a digital industrial complex. Illuvium: Zero is already being tested internally and is undergoing a massive upgrade to the graphics. An Open Alpha version of the game is planned to release some 4+ weeks after the Land sale; this date is subject to change. The Alpha version will have Fuel earnings disabled, but any blueprints earned can still be collected and kept from this early release version.

Managing your Land is fun and requires a minimal amount of time each day to extract the most value. Most players will choose to play for a couple of minutes each day, while others may play for hours. The more skilled you are, the more you can earn.

Why Would I Buy Illuvium Land?

Land Benefits and Perks

Illuvium Land: The NFT that produces more NFTs and tokens.

Landowners can generate a residual income by playing a fun game that rewards them for their time.

Illuvium Land is rich. Your Illuvium Land comes to life and starts to earn in Illuvium: Zero. Extract Fuel (ERC-20 tokens) and sell to players across all Illuvium games, earning revenue. Scan your Land for Illuvial Biodata and research this to generate rare Blueprints (NFTs) for new skins.

Build on your Land inside Illuvium: Zero, earn on the go and become a tycoon.

Don’t just own Land; play and earn from it.

Fuel Revenue Earnings

Fuel plays a critical role in your journey to catch and upgrade Illuvials. Fuel is required for all in-game transactions, including travel to different regions, curing shards to capture Illuvials, fusing illuvials to upgrade their stage and forging equipment and armour. These same Fuels will also be used in future Illuvium games and reward Landholders with Fuel revenue generated from those games. Landowners earn approximately 5% of the total revenue generated from in-game Fuel purchases in Illuvium.

Landowners have the opportunity to earn this revenue from players in the main game through the novel use of a Balancer Multi-token Weighted Pool. Landowners do so by swapping Fuels they generate in Illuvium: Zero for ETH*; the more Fuel you generate, the higher your income potential. On the other side, players in Illuvium exchange ETH for Fuel and use Fuel to complete all transactions in the game, except for trading between players.
*Please note that revenue generation through production and transfer of Fuel (ERC-20 tokens) will not be enabled in the Alpha version of Illuvium: Zero. Earnings will be enabled once Illuvium: Zero Open Beta is launched.
All existing Resources and Structures across Lands in the Illuvium: Zero Alpha version will be erased before the official Illuvium: Zero Open Beta launch.

Scanning for Blueprints

Once you have built up your Land to have the necessary structures, you can build a singularity scanner. Singularity scanners pick up biodata from Illuvials that pass by your Land. Once you have the data, you can research it to create rare Blueprint* NFTs. Blueprints are needed to craft skins in Illuvium or can be sold to other players for ETH.
*Landowners will be able to keep Blueprint NFTs obtained during the Illuvium Zero: Alpha; this is our way of saying thank you for early participation.

What is Illuvium Land?

Illuvium Land is an NFT that you can own and play in our Illuvium: Zero mobile and desktop companion game. There are five tiers of Illuvium Land. Higher tiers represent increasing rarity and higher Fuel generation. Tier 3 and 4 plots also feature rare Landmarks that significantly boost output. Tier 5 plots feature legendary Arena Landmarks that host official Illuvium esports tournaments and feature exclusive revenue earning opportunities.

Land NFT Overview

Before you purchase a Plot, you already know its Grid Position (location on the map), the Region it belongs to, its Tier level and the corresponding number of Element and Fuel Sites. You do not know which specific Sites are on the Land or the position of these Sites; these are randomly generated upon minting.

Tier
There are 5 Tiers in total. Tier affects the number of Element and Fuel Sites and the Landmarks available.

Element Sites
Elements are used to construct Structures in Illuvium: Zero and power activities like extracting Fuel.

Fuel Sites
Fuel is used for constructing Advanced Structures and can be sold for ETH

Landmarks
Available on Tier 3–5 Lands

Location
Plot location is relevant for future expansions where adjacent Land may be merged to form a Mega-City.

While the tier and number of Resource Sites are fixed for each Land plot, we use a random seed to deterministically generate which site and Landmark details that comprise the Land plot. Once purchased, IMX mints the NFT containing the complete details of the Land plot. Unique information about your Land is stored on Immutable X. This information is read by games like Illuvium: Zero and on our IlluviDex market exchange.

Land Regions

Land exists in one of the seven regions of the world that each drone was dispatched to. Each region has common Illuvials of a particular affinity that are more likely to pass through.

Zoom in on individual regions below:
Abyssall Basin
Crimson Waste
Halcyon Sea

Land Tier & Rarity: Number of Resource Sites and Landmarks

Higher-level Land tiers are rarer and have a more significant number of Resource Sites. Accordingly, each Tier above Tier 1 has a production boost, increasing the amount of Fuel and Elements generated by the Sites on the plot. The higher the tier level, the higher the Production Boost.

The following table defines the number of Element Sites, the number of Fuel Sites, the class of Landmark, and the Production Boost for each tier:

Example of Land Fuel Production Boost:

A Tier 3 Plot has a 100% Fuel Production Boost, and the following effects:

An Extractor produces double the Resources at the same Element cost.A Converter produces double the Resources passively but has a standard conversion output as the boost does not affect conversions.A Storage Unit stores double the Resources.

The number of Resource Sites per tier is fixed, meaning that all Land of a particular tier will have the potential to produce just as much as any other Land plot.

There are minor differences due to:

The variety and spread of Sites.The location of Sites on the plot.The synergy between Sites and Landmarks.

We feel this slight randomness adds an element of excitement to the sale. For example, a Tier 1 site may have one of each Element site or three lakes. The probability of any given site filling any given ‘slot’ is ~33% and does not depend on the other Sites already on the Land. This means it is unlikely, but possible, that a Tier 4 Plot may have all 12 of its Element Sites be of the same type.

If you don’t have a given Element or Fuel site, you can build one of the Converter structures, which lets you convert one Fuel to another (or one Element to another) at the cost of time.

Element Sites

An Element Site is a site tied to one of the three basic Resources (aka Elements) as per the following table:

All Element Sites are of equal rarity, although market conditions may mean their relative value fluctuates over time. Elements are used to construct Structures in Illuvium: Zero and power activities like extracting Fuel.

Note: Almost every action in IZ has a cost, typically paid in Elements, but some higher-level actions require Fuel.

Fuel is used for constructing Advanced Structures. Fuel is connected to the Illuvium: Overworld and Arena economy; additionally, it will be connected to all future Illuvium games. All Fuel Sites are of equal rarity, although market conditions may mean their relative value fluctuates over time. When deposited in the pool, Fuel becomes an ERC-20 token that can be swapped for ETH.

Landmarks

A Landmark is a unique structure on higher-tier Lands that grants some unique ability or property. T0, T1, and T2 plots have no Landmarks. T3, T4, and T5 Lands will always have one Landmark. Landmarks are broken into three classes; within this class may be further subdivided into specific types:

Landmark Effects on Production/Conversion

Landmarks affect specific Structures by boosting their Baseline Structure Efficiency; increasing minimum, default and maximum starting values; therefore increasing their production. This boost does not depend on structure positioning.

Structure Efficiency System in Illuvium: Zero
The output of every Structure is determined by its Efficiency, Efficiency can be affected both positively and negatively by the proximity of other Structures. Landmarks have a special effect on Structure Efficiency. Not only do they increase the Efficiency of all related Structures, but they also increase the maximum possible Efficiency that such Structures can achieve.

Efficiency value determines the production output for a Structure. For example, as efficiency goes up:

Extractors extract higher amounts.Convertors passively generate higher amounts and conversion output increases.Scanning/Researching success rate increases.

A player needs to effectively manage the placement of Structures/Power Stations/Fuel Extractors/Element Extractors. Doing so will mean their Efficiency is optimised per Structure and closer to the max efficiency of 160% output per Structure.

Illuvium Fuel Pricing

Illuvium: Zero aims to give Landowners some agency, including influencing the Fuel price when they swap, impacting the main Illuvium: Overworld and Arena game economy.

To ensure we maintain a healthy economy. We have implemented a system that keeps the Fuel price within +/- 25% of the intended price. If you’re not interested in the technical details behind this, you can skip to the next section: Owning and Playing Multiple Lands.

The following section is complex, but as Fuel is a significant part of the in-game economy, we wish to explain the Balancer Pool mechanism:

In-game transactions are priced in Fuel. Since this could cause real-world Fuel prices to fluctuate depending on the actions of the Landholders, the DAO automatically supplies or withdraws Fuel from the Balancer Pool if the price differs by more than 25%.

Practically, suppose the demand for Fuel is higher or lower than the production. In that case, the real-world price of Fuel-related actions can increase or decrease up to 25%. Landholders can choose to sell when the price is high, while players can wait for low prices. Eventually, the economy reaches equilibrium.

Note: Players cannot swap sILV2 for Fuel. Instead, sILV2 acts as an alternative to Fuel for in-game purchases and is pegged 1:1 to the price of $ILV.

The Illuvium DAO can adjust the parameters of the base price for Fuel or the percentage variance allowed. An Illuvium Improvement Proposal (IIP) is required for this to occur.

Owning and Playing Multiple Lands

There is no limit to how many Land plots you can own. We make it easy for you to own and manage multiple plots of Illuvium Land; Illuvium: Zero has options built into the game UI that will aid in playing multiple Lands.

Mega-Cities

Mega-cities are a confirmed feature of Illuvium: Zero, and our game design team is working on the details.

Here are some of the expected features:

A player creates a Mega-City by owning and merging adjoining Land Plots into square blocks; proposed sizes are 2×2 and 3×3. The DAO may support other sizes or shapes in the future.There are no fees for moving Resources between different plots; your Mega-City counts as one PlotLandmark benefits of one plot apply to the entire Mega-City (and can stack if you are fortunate enough to have multiple T3 or T4s with the same Landmark type in your Mega-City).Structures are shared, meaning you can make more space for value-producing Structures. For example, players only need one Engineering Lab and one Quantum Fabricant for the entire Mega-City, saving 90 grid squares on a 3×3 Mega-City.There may be some Mega-City only features in the future.

Illuvium Land Rental
Land Owners who don’t have the time to manage their plots can lease them out to other players for a time-based fee or a profit share.

What are the Illuvium Land Sale Details?

Land Sale Timing

Approximately 282 new plots will go on sale every hour. At this point, they will start reducing in price until someone purchases them.

The IlluviDex listing will show you the Land plot details and current auction price. If you wish to buy for a lower price, wait for it to drop, but remember that another person can purchase the plot you are considering.

Since Land batches are released every hour, there may be some overlap. Each batch will have roughly the same ratio of tiers.

Land NFT Numbers

*Illuvium will reserve 25 (Tier 1) Lands for giveaways during the Land sale event and four Lands (1 of each Tier, excluding Tier 5) for live testing purposes and quality assurance.

Land NFT Pricing and Dutch Auction Format

For Tier 1–4 Land, we utilise a Dutch Auction to address FOMO and botting. We are confident that a Dutch Auction with a long duration is the best way to prevent a gas war. To further reduce excess gas spending, we have implemented a system that reduces the ability for two parties to bid on the same Land plot, minimising the number of failed transactions.

Note: Starting prices are inflated by design and reduce rapidly over a short period until it is sold or returned to the Illuvium Vault.

The starting price for each tier is below:

The Dutch Auction Land sale’s declining price model is configured with a starting value that decreases at a rate of 2.5% per minute* over two hours.

Tier 5 Land Auction

Illuvium Tier 5 Land is sold using an English Auction format. Unlike the Tier 1–4 auctions, this is a standard auction type with bidders pushing the price upwards with their bid until the auction time limit is reached. This auction shares the same start and end times as the overall Land sale, starting June 2nd at 13:00 UTC, lasting 3 days and ending June 5th at 13:00 UTC.

The Tier 5 auctions are special. Only two of the seven total are available. Tier 5 Land has a greater amount of Resource Sites and Fuel production and features an Arena. The Arena is an extremely rare, legendary Landmark (one per region) used to host esports tournaments and provide opportunities for revenue generation. Tier 5 owners can sell the naming rights to their stadium, collect tournament fees, and earn from sponsorship deals, advertisements, content and more.

Tier 0 Virtual Land

Tier 0 Land is free Land not connected to the blockchain. This Land is similar to Tier 2 Land, meaning it would have the same number of Element Sites (6) and Fuel Sites (3). Any production boost is TBA depending on game balancing. Tier 0 Land allows players to explore and play the game for free without earning potential. Tier 0 Land is not in the auction but will be automatically generated for you, at no cost, when you first sign in to Illuvium: Zero.

What is known before purchase?

When you are looking to purchase a Land, you will know its Grid Position (location on the map), the Region it belongs to, its Tier level and a corresponding number of Element and Fuel Sites. You will not know which specific Sites are on the Land or the position of these Sites; these get generated when minted.

Position of Sites inside the Land-Plot

Each Site has an immutable physical position in the grid inside the Land plot. This data is revealed when the NFT is minted. A Landmark is always at the centre of the grid. Sites are distributed randomly, with the only constraints being that they can’t overlap and that there must be at least one grid square boundary around each Site.

When is the Illuvium Land Sale?

Where can I find Illuvium Land?

The Land Sale happens on Illuvium’s official IlluviDex marketplace. You will be able to browse Land using our interactive map. You can browse land using the interactive map and save your favourite Land plots. The IlluviDex is coming soon.

How can I buy Illuvium Land?

Accepted Tokens

Tier 1–4 Land is available for purchase with ETH or sILV2; you can’t combine them in a single transaction.

Tier 5 Land is only purchasable with ETH.

Wallets and Gas

Our long term goal is to eliminate gas fees from any purchases and transactions in the Illuvium Universe through our partnership with IMX by using their Layer 2 solution.

However, please note that for this first Land sale on the IlluviDex, the purchase part of the transaction occurs on the Ethereum Mainnet Layer 1 and will incur a gas fee (the ETH gas fee price and processing time for the transaction depends on how high the user has set the gwei versus the current demand on the network). To further reduce excess gas spending, we have implemented a system that reduces the ability for two parties to bid on the same Land plot, minimising the number of failed transactions.

Users will need to connect their MetaMask wallet on desktop. Mobile devices may not be used for purchases on the IlluviDex at this time. We are working with our partner IMX to integrate mobile purchasing for the IlluviDex in the future.

Users must ensure their MetaMask wallet is loaded with enough ETH to cover this gas fee and either ETH or sILV2 to cover the purchase price of the Land.

After purchase, the minting part of the transaction occurs on IMX Layer 2, and there is no gas fee. This normally takes 5–10 minutes, depending on network congestion. The resulting Illuvium Land NFT is placed in the user’s connected IMX wallet.

Doing it this way significantly reduces the overall gas fees spent during the first Land sale. This process takes place directly on the official IlluviDex marketplace, with no need to visit any external site.

Land Sale RevDis

Revenue Distributions (RevDis) are payments made to stakers of the ILV token. The Illuvium vault converts all ETH revenue generated from this land sale into ILV tokens and distributes them proportionately to ILV stakers.

sILV2

The sILV2 used in the Land sale is burned and does not count towards RevDis. It is important to note that any time sILV2 is claimed and minted via ILV staking rewards, the maximum ILV supply reduces. Inflation bad, deflation good.

sILV2 Token Address: 0x7E77dCb127F99ECe88230a64Db8d595F31F1b068

Partnership with Immutable X (IMX)

Immutable X is the first Layer 2 solution for NFTs on the Ethereum blockchain. Illuvium X IMX integration using their L2 scaling solution is what will allow our users to experience zero gas fees, instant trades, and carbon-neutral NFTs on the IlluviDex marketplace and inside of all Illuvium games.

Partnership with Chainlink

Illuvium X Chainlink integration includes Chainlink Price Feeds — the industry standard for decentralised, off-chain price data on Ethereum. In a nutshell, the ILV/ETH Chainlink Price Feed provides accurate price data to help ensure that Land plot buyers pay the same underlying price regardless of whether they’re transacting in sILV2 or ETH.

Closing

Illuvium Land is an opportunity to own a piece of the world’s first triple-A blockchain game and share ongoing revenue. The Illuvium Universe constantly evolves, with many plans for the future. The long-term goal is a vibrant and thriving ecosystem of games and personal interactions. Player-owned Land is the heart of that vision.

We encourage Landowners to participate in governance on our Discord server, and hopefully, this article helps you understand the significance of Land within the Illuvium ecosystem. Whether a collector or a competitor, understanding Land and the Illuvium economy helps maximise your earning potential.

Have any questions?

Connect with us on Discord!

Cheers,

Illuvium Core

51. Land Sale Explained was originally published in Illuvium on Medium, where people are continuing the conversation by highlighting and responding to this story.

Tags

author

Lorem ipsum dolor sit amet consectetur adipisicing elit. Corporis error dignissimos fugiat voluptas, asperiores quibusdam exercitationem id quam reiciendis expedita quidem nemo? Illo quod suscipit est possimus officiis repellendus eum.

Leave a Reply

related articles

game tokens

Star Atlas

Star Atlas

$0.0068

ATLAS -4.72%

Star Atlas DAO

Star Atlas DAO

$0.38

POLIS -6.40%

Solana

Solana

$38.39

SOL -5.40%

Illuvium

Illuvium

$176.49

ILV -3.18%

Ethereum

Ethereum

$1,203.07

ETH -1.94%