THG Price

Thetan Arena is a cross-platform (mobile, PC) competitive MOBA game developed by Wolffun Studio. it is ported from Wolffun Studios' third game, Heroes' Strike, to the KardiaChain blockchain. There are a variety of gameplay modes, including 4v4 MOBA, Battle Royale mode, Deathmatch mode, etc. The game officially launches on November 27, 2021.

Created by the game development studio WolfFun, Thetan Arena is a blockchain-based multiplayer online arena game available on PC, Android, and iOS devices. Thetan Arena is also a play-to-earn game, allowing players to get rewards simply by interacting with the platform.  Thetan Arena is the second hit game by WolfFun. The studio initially released Heroes Strike, and many of the players who registered for it also flocked to see what Thetan Arena has to offer.

The NFTs used in Thetan Arena give players ownership over game characters and other items, such as skins and weapons. The game can also be played for free without the NFT aspect, although it requires quite a lot of skill to earn a profit this way.

Interestingly, this is so far the only game of its type in which the purchased NFT characters have a limited lifecycle of usability. In other words, there’s a limited number of matches in which each of the NFT items can earn the in-game currency. After this number has been reached, the players are no longer awarded for playing with them and purchase a new NFT character.

About THG Governance Token

The native digital cryptographically-secured fungible token of Thetan Arena (ticker symbol $THG) is a transferable representation of attributed governance and utility functions specified in the protocol/code of Thetan Arena, and which is designed to be used solely as an interoperable utility token on the games ecosystem.

$THG is a functional utility token which will be used as the medium of exchange between participants on Thetan Arena in a decentralized manner. The goal of introducing $THG is to provide a convenient and secure mode of payment and settlement between participants who interact within the ecosystem on Thetan Arena, and it is not, and not intended to be, a medium of exchange accepted by the public (or a section of the public) as payment for goods or services or for the discharge of a debt; nor is it designed or intended to be used by any person as payment for any goods or services whatsoever that are not exclusively provided by the issuer. $THG does not in any way represent any shareholding, participation, right, title, or interest in the Company, the Distributor, their respective affiliates, or any other company, enterprise or undertaking, nor will $THG entitle token holders to any promise of fees, dividends, revenue, profits or investment returns, and are not intended to constitute securities in Singapore or any relevant jurisdiction. $THG may only be utilized on Thetan Arena, and ownership of $THG carries no rights, express or implied, other than the right to use $THG as a means to enable usage of and interaction within Thetan Arena.

$THG also provides the economic incentives which will be distributed to encourage users to contribute to and participate in the ecosystem on Thetan Arena, thereby creating a mutually beneficial system where every participant is fairly compensated for its efforts. $THG is an integral and indispensable part of Thetan Arena, because without $THG, there would be no incentive for users to expend resources to participate in activities or provide services for the benefit of the entire ecosystem on Thetan Arena. Given that an additional $THG will be awarded to a user based only on its actual usage, activity, and contribution on Thetan Arena and/or proportionate to the frequency and volume of transactions, users of Thetan Arena and/or holders of $THG which did not actively participate will not receive any $THG incentives.