When we set out to build a web3-enabled meta-game on top of Fortnite, we believed the future of gaming and crypto would be built on top of the world’s biggest games.

Over the past 6 months, we showed that gamers love an added layer of challenge and rewards on top of AAA games such as Fortnite, diving into missions, leaderboards and competitive strategy.

Why We’re Hitting Pause

The truth is simple: the broader web3 gaming space hasn’t yet found its breakout moment. Despite countless experiments across the industry, excitement from both traditional gamers and crypto natives has stayed muted. Those headwinds have made it tough for XP to reach the scale we envisioned.

Could that change? Absolutely. If the environment shifts and web3 gaming finds its footing, XP has the DNA to come roaring back. But we don’t want to promise a quick comeback. This is a “see you later,” not a “see you next season.”

What We’ve Achieved Together

• Epic Seasons & Gods
  From Poseidon’s waves to Ares’ fiery battles, each season brought its own legends.
• Leaderboards & Legends
  Thousands of players chased Emeralds, smashed missions, and carved their names into XP history.
• A Community Like No Other
  You turned a concept into a living, laughing, late-night-grinding community.

Player Information

The Final Showdown will conclude at 12pm AEST on 7th October.

USDC prizes will be distributed in the following hour.

Please withdraw all PERC and USDC from https://xp.gg/wallet as soon as possible to mitigate problems.

Support for https://xp.gg/wallet will be limited from 7th November 2025 onwards.

Thank You

To every player who never stopped grinding, every friend who hopped on a mission at 3 a.m., and every creator who spread the word, you made XP more than a game — you made it an adventure.

Cutthroat Chaos may be closing the book on this chapter, but the memories and the friendships are forever. And who knows? If the gaming winds shift, maybe we’ll all queue up for one more mission.

GG, and thanks for the grind.

Welcome to the Treasury Balance update for Q2, 2025.

The June quarter provided some much needed relief from the volatility that consumed the market over the 3 months prior, providing a more optimistic backdrop for Perion’s treasury assets.

Portfolio highlights:

Successfully completed a strategic OTC sale of the treasury’s Off the Grid nodes for US$400k, up from an original investment of $250k.

• This price was 50% higher than the prices observed in Discord groups dedicated to OTC node trading
• Using financial modelling we determined that the price received by the buyer implied that OTG is set to have US$50m of yearly revenue once the game is shipped to Mainnet. With Nodes receiving 30% of revenues we are able to arrive at a valuation for the NFTs using earnings multiples.
• This OTG revenue estimate is dramatically higher than the publicly available OTG item marketplace and user activity data. If we extrapolate user and marketplace activity on testnet vs mainnet we can see that at most OTG revenues may be $6 million if activity levels remain the same once all users are migrated to mainnet.
• Given that only 1 NFT collection tends to have daily volumes over $400k on any given day (Penguins, Punk or Apes) the Perion DAO investment committee thought this bid represented a great opportunity to successfully exit the entire position.

Portfolio Write-Downs

Along with the OTG Node sale, the investment committee has taken the time to re-value the remaining illiquid portfolio assets.

Metalcore

• 100% write down of NFTs & Equity values on balance sheet
• Metalcore Governance Token Sold

Rocket dogs

• 100% write down

Zed Run (NFTs)

• 100% write down

Star Atlas (NFTs)

• 100% write down

Axie Infinity (NFTs)

• 100% write down

Mirror Planet (Equity)

• 95% write down

Upside (Equity)

• Revaluation from 50,000 to 35,000

Shrapnel / Neon Machine

• 50% write down of NFTs and Equity

The Paragon

• 50% write down on equity

Lunchbox

• 50% write down

World Spark Studios (Sparkball)

• 50% write down

The circulating $PERC supply published on Coingecko is 39,366,463. Current price is $0.01134.

Join the conversation!
We’re always listening and excited to hear your thoughts, join our Discord community.

💰 Major Update: USDC Rewards for the Top 500 Only

This season, we’re shifting gears. PERC rewards are being replaced by USDC payouts, creating a more direct and valuable incentive for our fiercest competitors.

Only the top 500 players on the leaderboard will earn USDC, making every mission, every victory, and every Emerald spent count more than ever.

This tighter payout system rewards true activity and performance, ensuring that those who fight the hardest reap the spoils.

🌊 Season Title: Poseidon’s Wrath

This season bears the name Poseidon’s Wrath — and for good reason.
The ocean god’s fury lashes out from the start, setting the tone for a high-stakes, high-reward journey through the storm.

⚔️ GOD MODE — Fortnight 1: The Wrath Begins

Right from the opening bell, Fortnight 1 will feel the full force of Poseidon’s fury.

Players will benefit from a powerful LP Buff at launch— but be warned: this buff decreases over time. The most seasoned warriors will recognize that Week 1 is the best time to surge ahead. This is where frontrunners will be made… and where Poseidon decides who sinks or swims.

🗺️ Final Notes

Season 4 is designed to test commitment, strategy, and endurance. With USDC rewards, a competitive top 500 payout structure, and a decaying LP advantage, now’s the time to plan your grind and make it count.

Are you ready to face Poseidon?

Introducing Sprint Series 1: Mission Mayhem, a 72-hour weekend showdown to see who can complete the most missions over a 3 day period.

This is your chance to prove your endurance, strategy, and speed under pressure. Every mission counts — and every second matters.

📅 Event Details

• Sprint Title: Mission Mayhem
• Duration: 72 Hours
• Objective: Complete as many missions as possible within the 3 day time period
• Start Time: Friday 9 May 2025–12PM GMT+10
• End Time: Monday 12 May 2025–12PM GMT+10

🏆 Rewards

The top 5 players who complete the most missions will walk away with epic prizes:

First place will win a Rare Mavia NFT Land valued at $170 plus a mix of Emeralds and PERC Points

2nd and 3rd place will win a Common Mavia NFT Land valued at $70 plus a mix of Emeralds and PERC Points

4th to 10th will win a mix of Emeralds and PERC Points

Stay tuned in to the PerionXP Discord for updates.

Buckle up, warriors — Cutthroat Chaos just got even more intense. We’re launching a brand-new competition mode: the Sprint Series ⚡️

Sprint Series are short, high-stakes competitions that run for 24 or 48 hours, pushing players to the limit in a race to dominate a single performance metric within the chaos.

Each Sprint will focus on one of the following challenges:

💎 Most LP Gained

🎯 Most Missions Completed

💸 Most Emeralds Spent

🔥 Most Epic/Legendary Rewards Claimed

💀 Most Missions Failed (yes, even failure has its own twisted glory)

Only the most dedicated, savage, and relentless players will come out on top — and the rewards are worth the madness.

💰 Prize Pools

Users will have the chance to win a mix of prizes, the higher you place the more you can earn. To begin with, the prize pool will consist of:

Main prizes: Mavia Land (Common) NFTs (worth $80 USD each) 🏘

Find out more about Mavia Land here: https://opensea.io/collection/mavia-land/overview and https://www.mavia.com/

Other prizes

• Season 3 PERC Points 🔵
• Emeralds 💠

Stay tuned in to the PerionXP Discord for updates.

The first Sprint will be announced over the coming week!

Welcome to the Treasury Balance update for Q1, 2025.

Quarter 1 2025 was an extremely volatile 3 months for crypto markets and markets more broadly as the new U.S. administration set about their agenda. To illustrate this volatility, Ethereum (ETH) was down -45% for the quarter.

The Treasury holds over US$1 million in liquid assets to support the ongoing development of DAO initiatives.

Portfolio project Gunzilla launched the $GUN token, accumulating nearly 2 million token holders through a successful Binance Launchpool. This is a critical first step to realising a return for the treasury investment into the Gunzilla node sale. Read more about $GUN here.

Join the conversation!
We’re always listening and excited to hear your thoughts, join our Discord community and keep the feedback coming! Let’s shape the future of Cutthroat Chaos together!

PERC Points are a way of tracking your journey, incentivizing your grind, and rewarding your commitment to the PerionXP universe.

XP Points — The Cross-Seasonal Currency

XP Points are accumulated at the end of the season with a user receiving a share based on their percentage of Seasonal PERC Points. XP Points are used to track long term participation in the PerionXP ecosystem.

Users are battling each season to accumulate PERC Points in order to gain as many XP Points as possible. XP Points are scarce, hard to obtain and highly sought after in the PerionXP universe.

Multipliers — Supercharging Your Seasonal Earnings

Multipliers are your ticket to the top of the leaderboard. Boost your daily earnings by accumulating as many multipliers as possible.

Multipliers are linked to in-game Cutthroat Chaos achievements such as ‘Missions Completed’, ‘Emeralds Bought’ and ‘Epic Rewards Claimed’. Meaning that you can’t just hold the most PERC to win, you need to dominate the Cutthroat Chaos leaderboard as well.

In-Season Progression — New Multipliers Each Week

As you compete your way through the weeks in Cutthroat Chaos, you can expect new multiplier achievements to be added each week, rewarding consistent long term players.

Progressively you can earn on more PERC held in your wallet, Season 1 maximum was 1,000 but this will progress to reward those who are most aligned with the future of PerionXP

The Future of PERC Points

In the future we hope to partner with more Web3 games in order to activate and engage their communities with PERC Points, as well as give exposure to these projects to our player base.

As the PerionXP ecosystem of Meta-games also expands, there will be more possibilities with multipliers and in-season progression, allowing for fresh seasonal competitions.

🔥 Join the conversation! 🔥
We’re always listening and excited to hear your thoughts, join our Discord community and keep the feedback coming! Let’s shape the future of Cutthroat Chaos together!

• What PerionXP is
• What problems it’s solving
• What’s coming next
• How you can be involved and get rewarded

Introduction

PerionXP is a Meta-game platform connecting the billions of players of the largest AAA games in the world to blockchain.

When the entire web3 gaming industry has failed to attract players, this product is very important

Cutthroat Chaos is the flagship Meta-game on PerionXP. It is a leaderboard game built on top of Fortnite where users complete in-game quests to move their way up the leaderboard. Cutthroat Chaos continues to be a top 3 game in the Base ecosystem by Unique Active Wallets since launch. Its success motivates the PerionXP team to continue pushing boundaries, bringing blockchain to the games that billions of people are playing.

Cutthroat Chaos is just the first game in the PerionXP roadmap, we are excited to outline some of our future plans in this blog post. First, let’s zoom out for context on the crypto gaming industry and how PerionXP is positioned far better than most in this almost forgotten sector.

What problems PerionXP is solving

Player preferences are nearly impossible to shift, so why fight them?

The history of crypto gaming is paved with unintended outcomes–An underadoption of the gaming segment, that was meant to revolutionise the industry, is one of them.

Instead of micro-analysing why crypto gaming adoption has underwhelmed, it is most helpful to look at the gaming industry overall to gain insights into where players’ attention really is.

How hard is it to create a game people want to play? Very.

According to a recent report, in the year 2023, game developers spent 10’s of billions to develop and market the new games released that year, only to achieve 6.5% of total player hours in all games. Meaning 93.5% of gamer attention did not change from the games they were already playing prior to 2023.

This data shows how challenging it is always going to be for a crypto game to break enough ground to become synonymous with the ‘Black Hole Games’ that all game developers strive to emulate.

‘Black Hole Game’ refers to a phenomenon whereby a massive franchise title has such a hold on player attention, that it’s nearly impossible for new games to pull them away–Players who have spent thousands of hours in games like Fortnite and Grand Theft Auto V are very unlikely to stop.

So does PerionXP take on this seemingly impossible task of drawing crucial player attention away from the games they have loved for years? No. We build a layer on-top of these games, enhancing the user experience of everyone playing the game.

PerionXP’s Opportunity

The crypto gaming sector has long referenced the exponential increase in gaming industry revenues and players when outlining the opportunity of crypto gaming. In reality these metrics are driven by only a handful of Black Hole Games. Ultimately crypto games only have a total addressable userbase of the small group of gamers willing to play new releases.

While Black Hole Games are crypto gaming’s fatal flaw, it is PerionXP’s distinct edge:

Cutthroat Chaos is the Start, Here’s the Future:

PerionXP is the world’s first crypto enabled Meta-gaming layer on top of Black Hole Games, that billions of gamers are playing

1. Game Data Aggregation Layer

Connections to the world’s largest game developers will power the Meta-gaming layer. Standardising game data provides cross-gaming opportunities previously unavailable in siloed ecosystems.

Fortnite (Epic Games), Valorant (Riot Games) and Overwatch (Blizzard) are all readily available connections within the PerionXP ecosystem.

2. Meta-Game Engine

Cutthroat Chaos is PerionXP’s first example of a Meta-game that can be created by using Fortnite gaming data.

PerionXP will continue to build upon the success of Cutthroat Chaos as well as create new Meta-games where users continue to play Fortnite as the underlying game and compete in a crypto enabled layer above.

Users can play Fornite and engage with multiple Meta-games all at once, further amplifying opportunities for strategy and calculated gameplay.

Meta-games can also be cross platform and incorporate multiple games, adding to the overall gameplay experience.

3. PerionXP Wallet & Crypto Economy

With cutting edge Embedded AA (Account Abstraction) Wallet technology PerionXP is able to provide a seamless user experience for those both familiar and new to crypto. Building out the functionality of the PerionXP Wallet is key to the value proposition alongside innovation in Meta-games.

Leveraging the engagement possibilities enabled via crypto incentives is key to the growth strategy of PerionXP, managing the PerionXP token economy through thoughtful integration is top-of-mind as the ecosystem develops.

What is the best way to get involved in the vision of PerionXP?

Jump into PerionXP with PERC Points! It’s the ultimate way to earn, stack, and dominate — rewarding our most loyal players and supporters!

PERC Points fuel your journey across multiple games, community events, and strategic initiatives — keeping you engaged and winning across the entire PerionXP ecosystem.

The future of Meta-gaming will be rewarded through PERC Points. As PerionXP scales, so do your rewards — consistent play means bigger gains in the next evolution of gaming.

Introducing: PERC Points Leaderboard — Another Way to Dominate the Competition

Season 2 of PERC Points is Now LIVE!

Coming Soon — MULTIPLIERS!

Every action you take in the game can supercharge your earnings! The more you dominate in Cutthroat Chaos, the bigger your multiplier — giving you insane boosts on the amount of PERC Points you earn daily.

How PERC Points Work

💰 Base Earnings — Holding $PERC in the PerionXP Wallet generates daily PERC Points.

🎯 Multipliers — Boost your earnings by completing Cutthroat Chaos challenges and PerionXP quests

🏆 Conversion to XP — At the end of each one-month season, all PERC Points convert into XP, determining your rank!

How to start earning PERC Points — Getting started is simple:

1️⃣ Existing $PERC holders on Base → Use the ‘TOP UP’ feature in Cutthroat Chaos to deposit $PERC into the PerionXP Wallet.
2️⃣ New users → Follow PerionXP’s step-by-step tutorial on how to acquire and deposit $PERC on Base.

Anyone can start earning PERC Points immediately and participate in the growing PerionXP ecosystem.

🔥 Join the conversation! 🔥
We’re always listening and excited to hear your thoughts, join our Discord community and keep the feedback coming! Let’s shape the future of Cutthroat Chaos together!

From the very first missions to the current leaderboard shake-ups, players have been crafting and implementing strategies we didn’t even foresee. Let’s take a step back and reflect on what we’ve learned, what we’re working on, and what we’re fascinated by as we continue refining the game experience.

What We’ve Learned

1. Buff Stacking is More Powerful Than Expected

One of the first things that became clear was just how powerful buff stacking could be when used strategically. Early on, we saw players making use of a multiplicative buff stack to gain wild LP amounts, with some combinations allowing for exponential growth. For example, one of the top players managed to stack multiple legendary LP buffs, pushing their gains into the 4-digit LP range in a single mission. This level of strategy is something we love seeing — it’s what makes the game dynamic and rewarding for the truly dedicated players.

However, it quickly became apparent that this strategy could lead to a domino effect, where the most active players gained an outsized advantage by leveraging these stacking systems. It wasn’t just about playing the game — it became about mastering the meta. This type of mastery is fascinating, but it also poses a balancing challenge. The exponential power of buffs needed some tuning to ensure we kept things competitive without letting anyone run away with the leaderboard.

2. Optimization of Buffs & Rewards

Players have truly showcased their creativity when it comes to optimizing buffs and rewards. We’ve seen people balance their Emerald usage, carefully stacking buffs, and even spending minimal resources in order to maintain an edge. For instance, some top-tier players, despite receiving 200 free Emeralds at the start, were extremely careful with their spending, only boosting when absolutely necessary. This not only showed the depth of strategy but also revealed that strategic restraint could be just as effective as aggressive play.

What’s truly fascinating is how players have found creative ways to maximize low-cost buffs, sometimes stacking them in a way that turns small advantages into significant ones over time. This highlights just how flexible the game’s systems are, but also pushes us to think critically about ensuring that there’s no one-size-fits-all strategy. Players shouldn’t be forced to use a single, dominant tactic, but instead should be empowered to experiment with a variety of approaches.

3. Underestimated Meta Shifts

We also learned that players are able to identify and exploit emerging meta shifts faster than we anticipated. As the leaderboard tightened and players started finding ways to break through the LP ceiling, the competition grew incredibly fierce. For instance, when players cracked the mechanics around LP stealing and buff chaining, it sent ripples throughout the leaderboard, with some players surging from the middle ranks to top spots in a matter of hours. This level of quick adaptation is something we’re continuously fascinated by — players are pushing the boundaries of what’s possible in ways we hadn’t even imagined.

What We’re Working On

1. Buff Balancing & Diversification

Given how significant buff stacking became, one of our primary focuses now is to ensure that buffs remain powerful but also varied. We want to give players the freedom to explore different strategies without allowing one to dominate the entire experience. That means adjusting buff stacking mechanics to ensure multiplicative buffs don’t lead to runaway LP gains, while keeping LP Boosts and Damage buffs viable and attractive for players. We’re working on making sure that different playstyles (aggressive, defensive, resource-conserving) can all find success, instead of any one style becoming the “optimal” choice.

2. Underdog Mechanics & Catch-Up Systems

We’re putting a lot of thought into how we can better support underdog players — those who aren’t always at the top of the leaderboard but still want to stay competitive. We’re excited about adding stronger underdog buffs that become more effective the further behind a player is. This approach not only helps players feel like they’re never out of the fight, but it also incentivizes a wider variety of strategies. The goal here is to level the playing field, without feeling like we’re handing out easy wins. The underdog buffs will help create exciting comeback stories, making each leaderboard race feel like it could turn at any moment.

3. Reward Systems & Item Limitations

We’re working on fine-tuning the reward system to make sure every item and reward feels meaningful. Some rewards, like those that just reduce LP, were feeling underwhelming, so we’ve enhanced them to also reward players with LP while also affecting opponents’ LP. This shift should make rewards more impactful and give players more incentive to take on specific challenges. Additionally, we’re introducing item caps to prevent hoarding and ensure that players can’t overpower the system through sheer accumulation. This change helps keep the game fresh and ensures players continue making strategic decisions rather than relying on stockpiled resources.

What We Found Fascinating

1. Player Creativity & Strategy

One of the things that has truly fascinated us is just how much creativity players have brought to the game. From optimizing buff chains to experimenting with new combinations of rewards and missions, players have been innovating constantly. The level of strategy we’ve seen in such a short amount of time is incredible, and it has pushed us to think even bigger about the possibilities for the game. We’ve learned that players are not just looking for systems to “exploit” — they’re looking for ways to outsmart the system, to make their own path to victory.

2. Real-Time Adaptation

We’ve been equally fascinated by how quickly players adapt to new systems. As soon as we make a patch, players are already finding ways to adapt and optimize around new mechanics. The fact that players have learned to navigate and bend the game’s evolving mechanics in real-time makes us feel confident that we’ve created a space where innovation can thrive. This adaptive, ever-evolving gameplay is a key part of what keeps the game fresh and exciting.

Looking Ahead

Cutthroat Chaos is evolving faster than we could have anticipated. Every week brings new insights, and each change we make is met with fresh, unexpected strategies from players. As we continue to work on balance, rewards, and game mechanics, we’re committed to keeping the game engaging, competitive, and full of surprises. The journey has just begun, and we’re excited to continue this adventure with all of you.

Thank you for your dedication and creativity. You’re what makes this chaos so enjoyable! Stay tuned for more updates and keep pushing the boundaries of Cutthroat Chaos.

See you on the leaderboard,
PerionXP Team

🔥 Join the conversation! 🔥
We’re always listening and excited to hear your thoughts, join our Discord community and keep the feedback coming! Let’s shape the future of Cutthroat Chaos together!

Welcome to the Future of Gamer Incentives

At PerionXP, we’re building a next-generation gaming ecosystem that rewards skill, strategy, and engagement. Our flagship game, Cutthroat Chaos, allows players to engage in Fortnite missions while earning crypto rewards. Within 48 hours of launch, Cutthroat Chaos became the second-largest game on the Base network, showcasing immense user engagement and adoption.

To further enhance player engagement and integrate $PERC tokenomics into the ecosystem, we proudly introduce PERC Points — a unique Questified Soft Staking system that aligns activity across PerionXP.

PERC Points: A Bigger Play for the PerionXP Ecosystem

PERC Points (PP) is part of a much larger vision. Unlike $PERC, which can be earned directly from our games, PP serves as a cross-ecosystem reward designed to incentivize engagement across multiple games, community activities, and strategic initiatives within PerionXP.

PP isn’t tied to a single game — they are built to scale with PerionXP’s expansion, rewarding players who contribute not just within a single title, but across the entire ecosystem.

How PERC Points Work

• Base Earnings → Holding $PERC in the PerionXP Wallet generates daily PERC Points.
• Multipliers → Players can increase earnings by completing Cutthroat Chaos challenges, other PerionXP quests as well as.
• Conversion to XP → At the end of each one-month season, all PP convert into XP, determining a user’s rank.

By tying token staking with gaming and community engagement, PP creates a dynamic rewards system that benefits all who contribute to the PerionXP ecosystem.

Seasonal Competition and Rewards

PERC Points operates on a seasonal model, with each season lasting one month. During this time, players compete to accumulate PP, which results in greater XP gained.

Key benefits of this system:
✅ Encourages consistent participation → Players stay engaged throughout the season.
✅ Incentivizes high performance → Those who complete more challenges earn bigger multipliers.
✅ Boosts ecosystem activity → More players holding and using $PERC strengthens PerionXP.

As seasons progress, additional PP multipliers and bonuses will be introduced, creating new competitive layers and increasing the stakes for active players.

How to Start Earning PERC Points

Getting started is simple:

1️⃣ Existing $PERC holders on Base → Use the ‘TOP UP’ feature in Cutthroat Chaos to deposit $PERC into the PerionXP Wallet.
2️⃣ New users → Follow PerionXP’s step-by-step tutorial on how to acquire and deposit $PERC on Base.

Anyone can start earning PERC Points immediately and participate in the growing PerionXP ecosystem.

The Future of PERC Points

This is just the beginning. As PerionXP grows, new games, competitions, and integrations will expand the possibilities of PERC Points. One thing is for sure, players who start accumulating PP today will be best positioned to accumulate the most XP. Stay tuned!

Ready to Start Earning?

PERC Points are more than just a reward — they’re your ticket to the next era of Web3 gaming.

Start playing, start earning, and get ahead of the game today. 🚀🚀 Learn more here

Links:
PerionXP Website
Discord
Twitter