After two weeks we have seen the intensity of trades for Illuvium Beyond taper off to a crawl. Does anyone still want Illuvitars? What's to come and is this the calm before the storm?
After an exciting first week of Illuvitar D1sk openings, the Illuvium community has slowly calmed down. This can be seen in the trading volume of D1sks and Illuvitars together. Additionally, the amount of D1sks that have been opened has slowly been dwindling as well. The amount of Illuvitars on the market have grown so much that the demand could not keep up with the supply. The community is now feeling the inflation of portraits and accessories creep into the system. Illuvitar Assets have been reducing in value since the launch of the sale and there are still two months to go for this first wave of unique Tier 1 - Tier 5 Illuvials.
The demand for profile picture NFTs naturally is low because the PFP’s currently have no use other than collecting them for fun. The lack of use for them significantly reduces the amount of Illuvitars that are actively being collected. The demand will likely stay low until the team releases additional content such as rewards, perks or the leaderboard. Rewards and Perks are likely going to only affect your in-game profile, and since the open beta is not released yet, this will likely take a while. The leaderboard on the other hand will be released on Friday the 24th of March.
The leaderboard of Illuvium is very simply just a nice way to brag about your collection. It provides you with a cool badge and a rank that makes your PFP look cooler. There are no rewards gained from having a certain rank on the leaderboard yet, but showing off your collection is something that anyone enjoys!