Velious was canceled.
Instead the next expansion released will be LDON.
It will be only available to top raid guilds. Once LDON is live, all top guild members will be transported inside a single LDOn zone without ability to leave. The zone will be set to PVP perma-death mode, where those raiders will battle each other till last man standing.
The survivor will be awarded special "survivor medal", and then transported into uber raid zone specially made just for him - the Plane of Suck, where he will be bound, and locked away for all eternity, so rest of the server can finally enjoy some public pick up raids
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