What Is Thetan Coin (THC)?

Thetan Arena is a blockchain-based esports game. The platform has a community-driven game design, which means that the community owns and governs the game. Thetan Arena aims to build an esports platform that unites cryptocurrency owners with players and streamers. As mentioned in the whitepaper, Thetan Arena aims to provide a more varied gaming experience for all gamers by allowing them to try out in-game heroes before purchasing them.

In the game, players can play solo or form a team with their friends, combat others, and get rewards by using their skills. The game starts when players equip their characters/heroes with weapons and are dropped off on the battlefield by a spacecraft. Players can lose to anyone if they take a break from battling.

The heroes or the characters equipped by the players in Thetan Arena are of various types. Fury is a distinct unique talent that each of them possesses. Each hero has unique stats based on their battlefield duties. Hence, selecting the right hero for each occasion might help players improve their win percentage in the Thetan Arena. The three different categories of heroes are Tank, Assassin, and Marksman.

Additionally, a hero's rarity is determined by the hero's skin and base rarity. Rarity is divided into three categories: Common Hero, Epic Hero, and Legendary Hero. Apart from this, Hero Rental is a feature that allows players to rent and play their favorite heroes. The game allows players to try out heroes before purchasing them.

Furthermore, Thetan Arena has a multi-token system where THG and THC are two significant platform tokens. THG, or Thetan Gem, is a functional utility token utilized as a decentralized exchange between users on Thetan Arena. THG also provides economic incentives to encourage users to contribute to and participate in the ecosystem on Thetan Arena. The goal of introducing THG is to provide a mode of settlement between participants who interact within the ecosystem on Thetan Arena.

The next token is THC, or Thetan Coin, the primary token used in Thetan Arena's operations. THC is a BEP-20 token and can be earned by playing the game. THC has various utilities, including being used to purchase the Thetan Box. Thetan Box is the place of origin of heroes for the entire Thetan Arena system. Besides this, THC tokens can be claimed from gTHC (gTHC is earned while playing the game). To claim THC for the first time, users must have a player account that has been active for a minimum of 12 days. After that, the player can make a claim once every 48 hours. The number of THC that can be claimed has a minimum and a maximum limit that vary depending on the reliability of the player's accounts. Besides, a 4% transaction fee is calculated and charged in gTHG based on the total amount of THC claimed.

History of Thetan Coin (THC)

Thetan Arena was created by Wolffun, founded in 2014 by four core players. The team members are CEO/founder Khanh Nguyen, blockchain advisor Tri Pham, CMO Dung Phan, and COO Danny Doan. The Wolffun game development team started focusing on pnline PvP (player versus player) games for mobile platforms. The members of the platform began by creating casual games. Since 2015, they've been focusing more on the mid-core action genre, and they released Tank Raid Online, their first action game. Thetan Arena was earlier known as Heroes Strike, and with the advent of blockchain technology, it was renamed. 

How Are New THC Coins Earned?

THC can be earned in various ways:

• Battles: Players can participate in and win battles to get THC. The THC bonus awarded in each battle is determined by the trophy class (representing the mastery of using a hero) and the rarity of the hero.

• Quests: Quest Points are awarded to players when they complete quests. They can swap Quest Points for THC after they have accumulated enough.

• Ranking Rewards: Players earn THC when they increase their ranking.

• Streaming: One can stream games to attract players and gain rewards from the Thetan community.

• Collaboration: Digital asset owners can treat premium heroes as digital assets that can earn rewards/income by actively competing in the game. The owners of premium heroes can enter into private agreements with other players, such as renting heroes or sharing benefits earned jointly. As a result, players can rent premium heroes to play from digital asset owners, and both parties can benefit from the agreement.