Perion DAO connecting gamers and investors in play-to-earn

0:01i'm ashton addison from block west capital for investment pitch media and the Crypto Coin Show and today on blockchain interviews with amos white wolf the tech lead and game breaker at pirion amos welcome to the show and thanks for taking the time to come on thanks for having me ashton you're very welcome let's dive straight into it blockchain is merging with

0:24nfts esports so much functionality in the real world as well and purion is putting their hands deep in to this sector and i think something revolutionary is coming out of it and it's getting competitive as well innovative but there are a lot of people working on this in this space and i know period is doing something special though so i would love to kick off our

0:46conversation amos if you could give an overview of periodon what period is focused on and then we'll sort of dive into those details so paren is a nft gaming organization and our goal is essentially to have the most skilled gamers in the world to be in the play to earn space creating the

1:12best content so that we can train new people within our community to be extremely highly skilled gamers and give all of those people the opportunity to be economic champions in their respective communities so we give them the best nft gaming assets and what that means is like in traditional gaming you have like if you have like a bronze scimitar and

1:41then the best best weapon would be maybe like a dragon scimitar or something along those lines so we give them we give the most skilled gamers the absolute best nfts in the space so they can earn essentially super normal returns compared to all of the kind of other nft gaming organizations guilds in the space which might kind of go for

2:09a higher quantity of people say maybe 5 000 scholars 6 000 scholars but all of those scholars will be given less expensive and less kind of useful nfts to earn and they just kind of earn like a base kind of rate compared to the gamers that we have in period working with us to that will

2:37earn a much higher rate so last time we did like statistics on how that kind of looked the average period scholar was earning 3.86 times the average scholar rate which which at the time was like i think it was around like 800 usd per month which is huge especially in like the developing world

3:04develop developing countries since slp has kind of come down because of axis the kind of the whole whole space has been slowing down just slightly our scholars are now earning around kind of like 300 us a month but the thing about that is like if their average monthly income is normally around 500 u.s per month that's for an entire day's work

3:32every single day with us they're playing for maybe like two three hours a day definitely wow interesting background amos thank you for sharing that and you're right there's a little bit of context to bring there i feel like esports at least moving to north america to more professional level and where there's a lot of money involved really hasn't even been around for that long

3:55you know in the last few years a lot of esports teams were sort of popping up around north america it's of course been more popular in asia and around the world for a little bit longer but it seems like it was only recently when esports players could earn like a living wage in north america and play games for a living and now introducing nfts

4:21and dows into the equation not too far after you know they were just able to make money i feel like this is a reinvention of the same thing with more ownership and you know accountability and responsibility for the gamers to actually own the assets that they have but that's interesting that you mentioned about the amount of money that they're making in developing

4:48countries that could definitely be enough but in north america you may not be able to have that much just gaming with besides having another salary but it does sound like period is doing something very spectacular in terms of how what is the secret to having such capital efficiency that the people working on period on sports are earning

5:16that much more than your regular esports gamers well the kind of initial point of kind of getting to that spot is initially i got in taxi infinity to get my little sisters earning a little bit of pocket money and then to kind of get them into that stage i wanted to understand the game so i could then teach them how to play and then they would be able to

5:45earn some pocket money and as i was learning to play myself i got to like the top 10 000 people and then was like oh like let's let's try and get a bit high and go to the top thousand to top hundred and then eventually got to number one in the world on the axi leaderboard so that and held that title on and off for about a month

6:12played against like the best people in the world that still in those spots today like in theirs and that was really really cool but what that gave us the opportunity to do was from a really high level of the game see where the meta was going how to breed the best axes how to give the best nfts to our players

6:39but also be able to teach our players how to earn the best returns for themselves and for paranorm and then part of part of our selection process is we essentially just took my skills as a gamer and tried to copy copy them over so i was a kind of semi-pro league of legends player during

7:07college or university i used to boost people's accounts from like low levels to high levels and get paid to do so what we did is we got we hooked up to like dota 2's apis league of legends apis mobile legends apis and through our recruitment process it would just automatically kind of check that player was a highly skilled player in

7:37a kind of highly competitive game because looking into the future axe infinity is not going to be the only kind of play to earn game so we wanted players that would be versatile and be able to jump from one game to the next to essentially be able to break one game to the next or find find the best way that they can earn in each of those games and we can

8:02support them to do that very cool and amos with purion right now are you working with just specific play to earn games like like axi or are there other games that are already being worked on or where is that at yeah so we're invested in probably around 10 games at the moment

8:28from kind of haxy infinity zed run ember sword we're really interested in sin city and kind of how we see things happening is we will invest in games early and ideally be able to help them with their economic structures for scale and for longevity within their game

8:59because we're in a really we're in a really like new new new space we've had kind of one game axe infinity have incredible success we've had other ones try and make like very very small mistakes and have that ruin their entire economy so when you're having like hundreds of thousands of people playing your game this hasn't really been experienced in defy for really really

9:27early stage projects because in d5 you might have 5 000 people at the start using that product and making a mistake or there being a hack is like abl you can remedy that situation because there's not so many people burned not so many people hurt but with the these kind of nft blockchain games you're having like so many users coming in so quickly all expecting a return and like

9:57one mistake on the economic side one mistake one hack one one small thing just ruins it for the entire community and it's very very difficult to come back from definitely great points and with those games and with periodon if i understand correctly it's a dow that is investing into the high-level players can you talk more about the investor's side

10:23and can anybody start contributing you know what how do they get their returns you can talk about that yeah cool so yeah anyone can invest in the perrian token it's called perry on credits p-e-r-c and as we kind of as we build the day out we will be building a dow this dow will automatically take all of the funds from

10:51all of the gamers put them through multiple pools which will be like gnosis safes and then we'll have a separate dow called a game down and this will be the mechanism for distributing rewards to people that hold parry on credits and the reason we do it in this particular way

11:18is because because our whole organization is for gamers by gamers we'll also distribute rewards in a gamified fashion so you could imagine that you would stake your period credits in a period on nft and maybe the nfts say the ticket and the period credits is like your ammunition or your energy to play that particular game

11:47once a month you have like an opportunity to jump into this game play this game to the best of your ability or rent out that opportunity to a highly skilled gamer like a scholar to earn that return for you if you get to maybe level one you will get very little rewards of the percentage that the dow is going to be giving to you based on the amount you're staking

12:14but if you get to level 30 you'll get the maximum amount of rewards available to you yeah very cool and you mentioned there you're already working with 10 games and it is very early on maybe you can talk about some of the future plans in are you planning on working with as many games as possible or a select few and you'll just move and when games become unprofitable then

12:39they're dropped like how is the how are those decisions made yes so we like to like during our kind of funding round we talk to a lot of investors we noticed a lot of kind of we've done a lot of research on like different guilds in the space and we see a lot of them doing the spraying pro technique where they're essentially investing in every single

13:05game that's possibly coming through and not putting a whole lot of effort into those particular games unless they do become much more successful so we really like the idea of keeping that portfolio quite small really easy to kind of manage but very very high conviction so because that's the other thing here is like you're not you're not only investing but

13:31you're building out an entire community that also plays a game which involves like content for that game training them up in that game streamers assets balancing things and constantly finding out the ways that you can actually make returns within that game and for each of those specific games that almost takes like a

13:58mini team to do that so that's why we'll be investing in much fewer games but we'll invest with very very high conviction and we'll have players in all of those games yep i like that approach and for people that are just getting into play to earn games and you know there's a lot of people that are starting to play axi in these large games but they're not really familiar with guilds

14:24and dows to be able to you know bring this voting power buying power gaming power together what is the best way for people to start getting involved with purion to do so the best the best way would be to jump on our twitter jump into our discord see what's happening in our discord

14:52if you aren't kind of quite skilled enough of the gamer to be one of perrion's kind of scholars there's plenty of other ways to get involved and watching our kind of streamers on twitch and all those other places is definitely definitely how you'd be able to get involved and i think the other thing about like perrian is like we love like we love where this future

15:20is going and we like want to be in a we want to be in a space where we can actually also influence where this space is going so again back to getting out there we've got some awesome ideas on how to how this space can go and what kind of games are going to fit into economic models that we already use today that are potentially getting old

15:47or economic models that aren't just very very complex pyramid pyramid schemes like some people would say axe is so yeah definitely thank you so much amos for coming on and explaining all of this about play to earn games guilds and the dows behind them i think there's a lot for everybody to learn especially people that are in cryptocurrency defy digital asset

16:14investments that see the potential of where the gaming industry and game fight is going to go in the very near future and trying to grasp all of this so quickly i really do appreciate laying this all out for us i will leave those links to the twitter and the social medias for perion that you mentioned in the description box below as well and all the best with all these games in the

16:36guild moving forward let's definitely follow up in the near future thanks ashton super exciting space and it was a really great conversation you