Development Update: October 2022

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Refreshing the format

Web3 gaming moves fast

To keep pace with the changing landscape Perion has evolved 3 main verticals from which it derives value for the treasury:

• Treasury management: Investments in Web3 gaming startups
• Product: Internally developed Web3 products
• Gaming: eSports, content creation and player management

This hybrid approach gives us exposure to several market segments, while limiting the risk of a single point of failure

What’s changing: Development updates have become increasingly dense with content as each of the 3 focuses has evolved. To improve user experience we’ll be separating each vertical into its own unique update, with the development update serving as: a TL;DR summary across all the DAO verticals, a directory to the more detailed monthly updates for each individual vertical, and a quick summary of DAO development and community growth

In depth updates

For detailed updates on our 3 verticals please use the following links:

Treasury:

• https://medium.com/@PerionDAO/4ae7ad7a8cde

Product:

• https://medium.com/@PerionDAO/development-update-october-2022-product-3c158ac8f8cb

Gaming:

• https://medium.com/@PerionDAO/development-update-october-2022-gaming-fb1b1b1bee3a

TL;DR

Another busy month across the DAOs 3 major verticals, here’s the quick version:

Treasury

• Most Perion portfolio games remain in a strong position, building and pushing great product through the market downturn
• Perion DAO has taken 1 new position: Upside DAO
• New deal flow remains relatively slow, though this is to be expected in current market conditions

Product

• The wagering product development is close to complete; first looks, licensing, and beta testing are fast approaching
• Business development and partnership sourcing has begun for drop platform 02_STATE
• Web update UI/UX planning via wireframes has begun in earnest

Gaming

• Focus on Web3 eSports tournaments
• Tournament prize pools continue to grow reaching 5–6 figure amounts
• Cultural landscape developing

TL;DR: DAO development and growth

Governance

• Governance closed beta being rolled out

Contributors

Several new contributors have joined the DAO

• 1 x Solidity developer
• 1 x Marketing lead
• Final stage Head of marketing / Data scientist interviews

Community

• Discord user journey improvement continues
• Member engagement up 14% MoM,
• Minutes spent in voice chat up 96% to 6565 minutes
• Number of people that communicate upon joining the server is up by 85%

Marketing

• 1 new contributor
  - https://www.linkedin.com/in/lewis-jan/ (marketing coordinator)
• 4 new social channels:
  - https://twitter.com/PerionGaming
  - https://twitter.com/02_State
  - https://www.instagram.com/periongaming/
  - https://www.instagram.com/02_state/
• Over 500 organic followers across these channels since launch
• Development of partnerships and collaborative campaigns with many of our major game investments is in progress

Summary

Our runway remains strong as we focus on building through the bear and prepping for the next market cycle. Our portfolios of both internal and external products are looking great and we’re confident in the teams behind them

— Mitch, Perion contributor

Stay connected

Please follow our social channels, it helps us a lot

• Web: https://perion.gg
• Discord: https://discord.gg/perion-gaming
• Twitter: https://twitter.com/PerionDAO
• Medium: https://medium.com/@PerionDAO
• Perion gaming Twitter: https://twitter.com/PerionGaming
• Perion gaming IG: https://www.instagram.com/periongaming/
• 02_STATE Twitter: https://twitter.com/02_State
• 02_STATE IG: https://www.instagram.com/02_state/