Thetan Arena is described as a blockchain-based eSports video game, it enables the players to gather their friends, create teams, and battle with others in a competitive environment. During the game, players earn rewards for developing and applying their skills within the gaming experience.
In this multiplayer battle arena category game, players have to acquire characters as nonfungible tokens (NFTs) to enable them to engage in virtual battles. In this way, every player can earn tokens known as Thetan Coins that can be used to acquire other NFT items needed. In the meantime, the secondary token known as Thetan Gem will be used as a governance token.
One use case of the $THC will be to donate to the game’s streaming services. It might be streamers that assist in creating content for the game. It can also be used to contribute to the top contributors within the community, using their custom mode.
You can watch the gameplay here. The native language is in Portuguese, but the subtitles are in English.
This game is free to play and it integrates the competitive elements of MOBA (for example Dota, League of Legends) and Battle Royale (e.g. Fortnite) games. These are the two modes that the players can currently select and Thetan Arena is now actively gathering user feedback to enable the general community to select the next battle mode.
Thetan Arena’s long-term vision is to become a market leader in its category and provide the players and participants with a unique decentralized play-to-earn gaming experience. Thetan Arena is anchored on inclusion and player participation, seeking to actively incorporate players’ feedback into their games and incite in-game community participation.
This game was founded by seasoned gaming and technology veterans that have been in the sector for many years. They understand the intricacies of blockchain-enabled gaming. CEO Khanh Nguyen spent around 7 years in game development as part of the Wolf Fun Studio. At this workplace, he was working together with the other members of the founding team.
In general, Thetan has a well-rounded team that has complementary skill sets and backgrounds. Every co-founder has a deep understanding and exposure to blockchain technology. Today, more than 50 Thetan employees are supporting the founding team.
Thetan Arena Game Model
The game developers at Wolffun have major plans ahead of the game. Thetan Arena is set to launch a battle royale mode, token staking, and new guild quests from 2022. Until then, players can access the alpha testing phase of this game which is ready for use.
Designed with a free-to-play model, the game enables everyone including the non-crypto-people to download the game easily from any app store and play. This makes Thetan Arena unique when compared to the other P2E titles that need purchase in advance, which creates a hurdle for the non-crypto-people to adopt.
Since it is the first of MOBA/ Battle Royale and among the first free-to-earn games, the team hopes that this game will enjoy mass adoption. Through such adoption rates, Thetan Arena can introduce GameFi to the rest of the non-crypto world. You can earn NFTs by playing this game.
The marketplace and NFT items were launched in the Alpha test (PC and Android) in the third quarter of 2021. In Q4 2021, special events are being hosted. Also, the Thetan Coin and Thetan Box have been launched in this period.
According to the developers, more events and development milestones are in the pipeline with the game set to be ready for public use in the first quarter of 2023. For now, reports from the test phase show that this game is already popular in the market. So far, more than 500,000 users have downloaded this game that launched in October 2021.