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What is Thetan Arena (THG)? All you need to know about THG Token

We would like to introduce Thetan Arena known as an e-sport game based on blockchain technology. What makes Thetan Arena unique? Learn more about THG tokenomics here!
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toannguyen
4 min read
Published Sep 10 2021
Updated Jun 04 2024
what is thetan arena

What is Thetan Arena?

Thetan Arena is an e-sport game powered by KardiaChain's blockchain technology and developed by Wolffun games. Thetan Arena’s gameplay revolves around combining individual skills and team coordination to triumph in 2 different game modes: MOBA & Battle Royale.

Thetan Arena's gameplay will be quite familiar to anyone who has played League of Legends, DOTA, or Heroes Strike before. The game is now available for download on PC, Google Play, and Apple's App Store.

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thetan arena project
Thetan Website: www.thetanarena.com

How does Thetan Arena work?

thentam arena work
Thetan Arena Summary

Highlights of Thetan has 2 game modes: Free-to-play and play-to-earn

Since the first version, Thetan Arena has pioneered the concept of free-to-play. The requirement that players invest a certain amount of money in order to play the game is unreasonable and prevents many traditional players from participating in NFT games. The more players there are in an e-sport game, the better the battle.

In addition, you can also receive rewards as THC tokens from Thetan Arena through playing games. When you sign up for the game you will get 3 free game characters.

This is a fairly new point in the GameFi field when most other games require players to deposit money to be able to participate in the game.

Thetan's free-to-play method works well since it attracts a huge number of users who can then pay to buy premium heroes, which can then be used in the play-to-earn mode. This is a truly unique and powerful marketing tactic.

thetan mobile app
Thetan Mobile App.

What is THG token?

THG is the game's native token. Thetan Economy is based on two tokens: THC and THG. The former is similar to SLP in Axie Infinity, while the latter is like AXS.

The total supply of THC is unlimited. THC can be earned by playing the game. Once you earn them, you can claim them to your wallet.

THG Key Metrics

Token Name: Thetan Arena Token.

Ticker: THG.

Blockchain: Binance Smart Chain và KardiaChain.

Token Standard: BEP20 & KRC-20.

Contract - BEP20: 0x9fd87aefe02441b123c3c32466cd9db4c578618f.

Contract - KRC20: 0xf0051fd4758147f1749d1696c9266d047b4c43fa.

Token Type: Utility, Governance.

Total Supply: 420,000,000.

Circulating Supply: Updating...

THG Token Allocation

Team: 21% (88,200,000 THG).

Staking Issuance: 21% (88,200,000 THG).

Gaming Issuance: 19% (79,800,000 THG).

Ecosystem Fund: 10% (42,000,000 THG).

Strategic Sale: 10% (42,000,000 THG).

Reserve Fund: 9% (37,800,000 THG).

Advisors: 5% (21,000,000 THG).

Liquidity: 5% (21,000,000 THG).

thg token allocation
THG Token Allocation.

THG Token Release Schedule

thg token release schedule.
THG Token Release Schedule.

THG Token Sales

Thetan's IDO was held on Polkastarter.

IDO: September 16th, 2021.

Price: $0.08 per THG.

Total public sale token: 2,500,000 THG.

THG Token Use Cases

Staking: THG holders can earn additional THG via staking.

Governance:  THG holders will also have the opportunity to vote on how the game will be developed in the future.

In-game currency: Users are able to purchase in-game items and NFT in the official Thetan marketplace, and can also be obtained by playing games on the Thetan Gameplay.

How to get THG Token

THC can be obtained through the battle, quest, and ranking rewards. THG will be distributed to users solely based on their use, activity, and contribution to Thetan Arena.

How to buy THG Token

You can buy THG on listed exchanges such as:

DEX: 1Inch, PancakeSwap...

CEX: MEXC, OKEx, Huobi...

Alternatively, you can use Coin98 Exchange to swap other tokens for THG by clicking the Swap button at the end of the article.

How to store THG Token

You can store THG on Coin98 Wallet with these steps:

Step 1: Open Coin98 Wallet & click Search Icon on the home screen.

Step 2: Search THG Token.

Step 3: Click on the correct result at Receive Tab with a specific chain (BEP20/KRC20), copy the wallet address and send THG to this address.

store thg coin
Store THG on Coin98 Wallet.

Team, Investors, and Partners

Team

Thetan Arena was created by a team from Wolffun Games, who have lots of experience in the gaming and crypto markets, having worked on projects such as KardiaChain and My Defi Pet.

Wolffun Games, a game production studio specializing in online PvP games for mobile platforms, was launched in 2014.

thetan team
Thetan Team.

Investors

Thetan's investors are all very reputable and have a lot of experience in GameFi.

thetan investor
Thetan Investors.

Is Thetan Arena (THG) a good investment?

The game is quite addictive. The graphics are attractive, with bright colors, and the game isn't too heavy to cause your low-end phone to overheat. Thus, Thetan Arena is really a very interesting game and brings real entertainment value to players.

Many reputable investors have invested in Thetan. On the other hand, the major GameFi Guilds include them in their game portfolios, such as YGG, GuildFi, and Avocado Guild. I believe Thetan is an investment well worth considering in the long term.

I’m still finding the number how many of free-to-play gamers of Thetan will buy anything in a game. If this number is small, inflation will occur for tokens of Thetan. Because Thetan has to spend a lot of money on user acquisition in order to find those “whales” who are willing to pay.

GameFi is now experiencing FOMO (Fear Of Missing Out) signs from the market. Before adding THG to your portfolio, you should carefully monitor the crypto market's movement and determine the proper price range for your entry.

Disclaimer: All the information in this article is only for information purposes and should NOT be considered investment advice. Investing in Crypto contains hugely high risks, and you should only invest the fund you are willing to lose.

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