Thetan Arena is an e-sport game based on Blockchain technology.You can gather your friends, form a team, battle with others and earn money with just your skills.Thetan Arena’s gameplay is designed to revolve around the combination of your personal skills and teamwork.Challenge yourself with various game modes: MOBA & Battle Royale, coming with monthly updates and attractive rewards.
If you have played brawl star or hero strike, it is just something very similar, while this have added crypto currency as their token in it.They have implement play-to-earn concept in it too like Axie infinity.
In f o :
3 Categories of heros :
i) free heros from the game (cannot be traded on marketplace)
ii) Paid with USD / fiat currency in-game (cannot be traded on marketplace)
iii) Paid with WBNB (wrapped $binance coin) (can be traded on marketplace)
3 Types of heros (each with 3 skin types : Normal / Rare / Mythical) :
i) Common
ii) Epic
iii) Legendary
Each kind of heros belong to a certain types.
Have a browse on their marketplace you will have a clear picture : https://marketplace.thetanarena.com/
3 Types of tokens :
i) PP (Purple ones) = coins you earned by playing games, use for leveling up heros
ii) THC / gTHC (Orange ones) = gTHC is the coin you earned by playing games, use for buying common / Epic Thetan Box, cash out as crypto currency then fiat currency (Minimum cash out requirement = 750 gTHC), THC is the crypto currency you can trade on binance smart chain, you can swap your THC into BUSD on pancake swap.
iii) THG / gTHG (Green) = gTHG is used for leveling up your heros and buying Legendary box.It is also the governance token / main token of THG.
Things to know :
i) There are maximum gTHC battles that a hero can earn in their lifetime, for example my legendary Shanna it is 799, and 39 battles have been played and earned.
ii) There are maximum daily gTHC battles that a hero can earn per daily, as below its 18 per day, and 4 battles have been played today (same as Daily PP battles)
Level 3 Shanna, Legendary, upgrading hero needed THG+PP iii) Check point earning gTHC / PP :
iv) Different skills you can choose for heros :
v) Different game mode :
For example for Tower game mode, it is a 4v4 PVP game mode.Your mission is to acquire the battery in the middle at a certain time count down, the hero that has held the battery has to keep alive for 30+ seconds in order to summon the Robot to attack their base shown below.
Amount of tokens can be earned vi) Play-to-earn = earn gTHC in game, transfer it to THC in your metamask wallet (binance smart chain), withdraw THC if you have up date 750 THC (can be changing in future).
Things to be aware :
i) gTHC / THC is an unlimited supply token with limited utility, hence the token price can be downward trend (from top $1.6 to $0.77 when this post is posted), and that can made a huge affected of how much you can earned at the end.
I am seeing $SLP ($AXS Axie infinity game token) trend can be happening on $THC ($THG game token), just based on the increasing supply overtime when people play-to-earn and cashing out (unless future Tokenomics / utility of $THC changes).
ii) If you are buying a heros on marketplace, the price fluctuates and that affects your initial investment too.
iii) You can only withdraw / cash out THC when you have >750 THC, which might takes you takes you days to reach that.
iv) Games are lagged sometimes due to huge traffic, inviting friends to play does not work.
Calculation on return on investment into heros :
This is the math if you buy the thetan box :
This is the math if you buy a legendary hero, given a certain price & THC price (Green parts are variable that can affect the play-to-earn reward), if Hero price (invest cost), Win rate (50%) are fixed, the Reward can vary from :
$THC : $0.3, ROI : 40.4%
$THC : $0.77, ROI : 260.4%
$THC : $1.4, ROI : 555.2%
in 43.3 days (if you play max daily gTHC battles (18/18) per day)
The $THC price massive affecting the play-to-earn reward I didn’t try out the common hero but the figures should be slightly better.
$THG current price : https://coinmarketcap.com/currencies/thetan-arena/
$THC current price : https://coinmarketcap.com/currencies/thetan-coin/
Thetan Arena website : https://thetanarena.com/
Thetan Arena marketplace : https://marketplace.thetanarena.com/
Update : Request to take gTHC out to THC (that can be converted into BUSD)
The 4% fee are charged in gTHG (if you do not have enough gTHG in game you do need to purchase THG outside the game and deposit it into the game as gTHC (as a fee to pay to request).
This is slightly inconvenient for users but create utility for THG which is positive to the price (Not THC).
4% fee charged as gTHG (not gTHC) takes 3 minutes to received THC in the metamask wallet There are much more functions that yet to be launched overtime : Name changing, guild forming, special events, battle pass, ranking rewards, quest, guild wars, tournament.Each can spend / earn you tokens that will yet to be announced.
To conclude in a nut shell, It is a fun game to play with and looking forward for more functions to try.Investment wise, return depends on $THC price and It can be risky as there are a lot of variables that can affects the ROI on it.Not financial advice just some brief research.Anyway, Enjoy the game!
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