Minecraft 1.8 is supposed to be released tomorrow, however, Innectis is not ready to be updated at the moment. It may takes weeks or a month or two until IDP, Craftbukkit, and Bukkit are ready for 1.8. Usually during these times, we'll give players the option of either staying the previous minecraft version (1.7.10 for this scenario) or updating to the newest version (1.8). If we stay in 1.7.10 you'll be able to build on your lots, play minigames, and other normal daily Innectis things. If we update to 1.8, we run a temporary vanilla freebuild world until Innectis can be properly updated for 1.8. No need to worry, all your builds, inventory, and items will be safe and will eventually return once the server has properly updated.
So please vote using the poll above, depending on the results we'll either be going vanilla 1.8 for a while or staying on 1.7.10 until Innectis is ready to update.