Illuvium Land: Everything You Need To Know (w/ Kieran Warwick)

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Read (or listen to) the our official Illuvium Land article:   / 51-land-sale-explained  .
00:00 Intro
02:15 Not financial advise disclaimer
02:36 Illuvium Land Sale explained video
05:01 What is Illuvium Land
05:22 What is Illuvium Zero
07:04 Land benefits & perks
17:53 Illuvium Land Regions
21:31 Illuvium Land IlluviDex
25:32 All Land Regions Explored
26:25 Illuvium Land Tiers Trailer
28:11 Illuvium Land Tiers 1-5
35:26 Summary of Illuvium Land Tiers
35:58 Multiple Illuvium Lands
37:12 Mega-Cities in Illuvium Land
43:44 Land Rental in Illuvium Land
48:57 Fuel Pricing
58:49 illuvium Land Sale
59:14 Land Sale Timing
1:02:20 Land NFT numbers
01:03:02 Land Pricing & Auction
01:05:18 Dutch Auction (price decay)
01:08:54 Tier 5 Land Auction
01:12:03 Where To Buy Land
1:12:47 Purchasing Tier 1-4 Land
1:15:31 Purchasing Tier 5 Land
1:15:58 Setup Metamask
1:18:26 In-depth article & audio 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.

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.

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.

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♊ Terms and Conditions ♊
Content on the official Illuvium website and social media does not constitute financial advice. You are responsible for doing your own research and seeking independent professional advice about your involvement with the Illuvium DAO and any Illuvium products or services. Illuvium products (such as tokens including ILV, sILV2, Land NFTs) and services (Illuvium game) are not financial products and accordingly the Illuvium DAO is not licensed by any regulator. Please be on constant alert for scams. You should read and ensure you understand the terms and conditions available on the official Illuvium website before engaging with the Illuvium DAO or any Illuvium products or services."