[9th Community Town Hall] Session 4│Live Q&A

PERPLAY
perplay
Published in
5 min readAug 2, 2024

Q
Should we keep PER swap blocked? If so, how long before listing should it be unblocked?

As a whale holder, I also personally feel quite uncomfortable. Nevertheless, I hope you understand that the temporary suspension of operations is unavoidable due to the complex structure involved in listing on exchanges.

Q
Is there any plan to ease the drop rate for Epic restoration items? Currently, the drop rate for Epic restoration items is low, and the maintenance cost is worse than for Elite users. The mining difference between Sedan for Elite and Epic is not significant, so the appeal of Epic Sedan seems somewhat diminished.

As an Epic holder, I also feel that the price increase is becoming more burdensome. Internally, we will consider a temporary adjustment to the balance of the special box.

Q
Looking at the current state of XPER, usage seems higher than mining. Given the principles of supply and demand, the decline in XPER price seems unusual. What do you think is the cause?

As mentioned in the last AMA, the XPER price is determined based on supply and demand in the DEX, not through mining and burning. Ultimately, the price will rise if there are more purchases than sales of XPER on the DEX.

Q
You always perform excellently in AMAs! Today, my questions are about XPER. The net burn volume is continuously increasing, yet the price decline is hard to understand. Compared to the previous month, the net burn volume increased by about 3 million units, which is more than 30 million won in cash. It is difficult for even the top miners to mine more than 300,000 units in a month. It’s hard to understand that so much XPER was burned from existing holdings. I hope this can be checked in detail after the AMA.

We are considering an additional AMA as soon as negotiations with Arbitrum are finalized. At that time, we plan to explain in more detail with data including token issuance, mining, burning, and circulation volumes, as well as marketing costs.

Q
How many Epic NFTs are there?

It took a bit of time to check the data in the BO. Currently, there are 57 Epic NFTs in possession.

Q
Have you received the Arbitrum grant?

We are currently in discussions.

Q
Regarding the management of XPER tokens: While XPER shows high usage as presented in your data, its price continues to decline. I also believe this can be resolved with new influxes, but I am concerned about how many new users will join while the token keeps dropping. Recently, vehicle prices have also been decreasing. This downward trend affects not only the token but also the value of NFTs.

Aside from attracting new users, is there any ongoing discussion about sustainable token management measures? (e.g., returning a percentage of marketing revenue to buybacks)

Additionally, the current XPER pool is very small, showing instability where even 1.6 million won can cause a 10% price drop. While we don’t expect it to be stablecoin-level stable, are there any plans to reinforce the pool soon given the current volatility?

Regarding the XPER price, since we received various comments, I will provide a comprehensive response

① There will be no buyback of XPER by the team.
② We are considering a plan to expand the pool through stable funding sources in the future.
③ First, we aim to stabilize the XPER price through the planned implementation of the Arbitrum chain and the influx of new users.
④ Additionally, we plan to update various new systems that include the burning of XPER.
⑤ Lastly, we are also reviewing changes in the XPER price policy for major systems.

Q
Please check once again if there are any missing data related to mining. Also, I think it is time to consider the price trends seriously, so I hope more thought will be given to maintaining the price.

We will prepare more detailed materials for the next AMA. I think this is a chicken-and-egg problem, but the team is also working on securing funds from multiple angles.

Q
To protect investors, please disclose information about the private sale of PER coins, including the private sale price and the schedule and amount of token releases.

As already mentioned in the previous AMA, the lock-up for the private sale was lifted starting in June. Please note that specific information such as the price cannot be disclosed due to the principles of the investment contract.

Q
Please disclose the list of NFTs created and distributed for specific purposes by the team, along with their use cases.

The team is proceeding only for the purpose of live testing.

Q
Is the Sedan a replacement for drills? We keep digging down to the earth’s end and are waiting for rescue. When can we expect to be rescued?

I want to assure you that we will do our best to ensure that all the announcements made today are well implemented.

Q
How will XPER token management be handled until September? Are there any plans for new user influxes until September if the PER swap remains blocked?

I believe we have fully explained our plans and measures through today’s AMA.

Q
Please disclose all NFTs created for marketing and raffle purposes.

We worked hard to prepare for the AMA and thought it would end on a positive note, but it’s disappointing to receive continued uncomfortable demands. It seems that you fundamentally lack trust in the team.

① Regarding the Virtual Asset User Protection Act, the team has been conducting multifaceted reviews and responses with a dedicated law firm since before the project started.
② The NFTs used for events are all produced and provided through the same process as the holders, based on the NFT assets purchased by the team during the Genesis sale.
③ Please understand that we cannot disclose all the other requested information.

Q
Everything sounds good, but if there are no plans for new user acquisition until September, it might be tough for holders until then. I hope you consider measures for this, as we’ve already been waiting for about two months.

All the plans announced today will be implemented starting in August.

Q
Should we understand that the eligibility for KOL applications will be disclosed later? I want to contribute to promoting PERPLAY.
🙂

For registration in the partner referral system, please inquire through the ticket tool, and we will guide you.

Q
Please create a game exclusively for Epic users. There’s no FOMO for Epic users.

We will review this considering the complex balance.

Q
You need to make a buyback plan for XPER. The current price is 8 won. Discussions about burn volume are unnecessary at this point. It’s clear that the current system isn’t working. We need a ‘periodic buyback plan’ like other projects. What do you think?

Regarding the XPER price, I will refer to my previous answer, and there will be no buyback by the team. We are currently discussing various partnerships and joint promotions to attract new users, and we are also discussing sponsorship for the newbie support group with the community administrators.

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PERPLAY
perplay

The world's 1st Game-and-Earn platform backed by web3 technology