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Thetan Arena is a blockchain-based multiplayer online battle arena — or MOBA — game whose active gameplay heavily relies on skill. It also has elements of the battle royale genre. It incorporates non-fungible tokens (NFTs) as heroes that you can collect and potentially profit from, with goals that differ by arenas you join. And it offers a free-to-play model.
Highlights
Earn in-game tokens for free
Multiplayer and solo gameplay
Marketplace open
Five game modes
NPC teammates aren't good
Rare heroes can be costly
Not for players that prefer idle games
No marketplace on mobile
What is Thetan Arena?
Thetan Arena is a popular multiplayer online battle arena (MOBA) game that set a record in late 2021 for six million active players only two weeks after its release.
It incorporates nonfungible tokens (NFTs) in its gameplay in the form of heroes available on its marketplace, where you can also sell and trade limited characters to other players.
Source: Thetan Arena
Stylistically, the characters are reminiscent of Splatoon — their chibi, cute design and short stature. Playwise, it's similar to the popular MOBA game League of Legends, with its playstyle and isometric — or top-down — perspective. However, it's definitely more like a battle royal.
Source: Thetan Arena
Playing Thetan Arena
The game is free to play, which gives newbies looking to break into crypto games an opportunity to try it before you buy it.
You must connect to the game through the MetaMask browser extension and your
MetaMask wallet for transactions.
You're given one normal hero — Raidon — at signup to immediately play five game modes:
Battle Royale – Be the last one standing among 12 players on a shrinking map.
Superstar – Fight eight players and collect star points to win.
Deathmatch – Eliminate all players or teams within three minutes to get points.
Tower Siege – Defend your team's tower and destroy other teams' towers to earn points.
Custom game – Play within a custom map, number of players and game mode.
The free, normal hero offers fewer opportunities to earn money, and you can't buy, sell or trade it as you would with premium heroes. But you can use your free hero to progress through the ranks, ultimately earning second and even third heroes if you hit the higher ranks.
Games can be played solo, in pairs or in teams of four, and you can team up with friends. If there aren't enough live players to fill out a match, non-player characters (NPCs) are added to fill up the roster. Don't expect an NPC to match a live player's skill, though, as many players report that NPCs aren't so great in team matches.
For an in-game advantage, purchase heroes that better fit your playing style, which requires sinking crypto into the game. Or, you can earn enough tokens to purchase premium heroes with your gifted normal hero at signup.
What is Thetan Arena's token?
Thetan Arena is built on the Binance Smart Chain, a blockchain network that runs parallel to the Binance Chain and is an alternative to Ethereum.
The game's economy is based on the in-game Thetan Coin (THC), which you earn by participating in matches and tournaments and earning ranked awards. You can exchange your earned THC, trade it or use it to buy Common or Epic Thetan Boxes.
The game also includes the exclusive currency Thetan Gem (THG), which is used to evolve heroes and staking. It has a maximum supply of 420 million. You can use THG to buy limited Legendary Thetan Boxes.
How to buy Thetan Arena's token
The currency THC is earned by playing the game.
The other token, THG, can be swapped on multiple crypto exchanges such as Gate.io, PancakeSwap, BitMart, ApeSwap and Hotbit.
To get THG, you first need to buy a cryptocurrency that has a trading pair with THG. Most exchanges have a THG/USDT pair and a few others have a THG/WBNB pair.
You can buy Tether (USDT), a stablecoin, on multiple cryptocurrency exchanges; we've listed a popular exchange to get USDT.
It looks like THC may not be available to purchase on an exchange in the US.
You can still purchase THC by using a decentralized exchange (DEX) instead. decentralized exchanges are web applications that run on blockchains like Binance Smart Chain (BSC) and allow users to trade any asset directly with one another.
Decentralized exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralized exchanges first if you're unfamiliar.
How to purchase THC using a decentralized exchange.
Find THC on a decentralized exchange and make sure THC can be traded for BNB which is the native asset of Binance. The most popular DEX on Binance Smart Chain is PancakeSwap.
Buy BNB to trade for THC using an exchange like
Crypto.com. You will need to purchase enough BNB to swap for THC as well as BNB to pay for transaction fees (known as gas) on the BSC network, which usually costs less than a dollar.
Trade BNB for THC on PancakeSwap, following the instructions on screen. Make sure to leave enough BNB in your wallet to pay for gas.
Wait for the transaction to finalize and the THC tokens will arrive in your wallet.
You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.
You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in the US.
How does play-to-earn work with Thetan Arena?
Thetan Arena offers four basic ways to earn, some requiring more time than others:
Use the free hero to earn tokens. You're gifted Raidon at signup that you can use immediately to play matches. Earn enough THC and THG in these matches, and you can use them to buy premium heroes. Premium heroes can be used in special events to earn even more THC and THG.
Sell premium heroes in the marketplace. Use THC and THG to get premium heroes with Thetan Boxes sold on the marketplace. Free, default heroes can't be sold.
Use premium heroes as assets. Rent your premium heroes out to other players who can earn in-game tokens you share.
Stream games to earn income. Stream Thetan Arena on live-game platforms to earn income from subscriptions and donations while also earning Thetan rewards.
If you're a beginner, the easiest way to start earning is by participating in matches. You can build in other play-to-earn methods as you improve your skills and earn more tokens.
What are the Thetan Arena NFTs?
The NFTs on Thetan Arena are heroes that you can buy and sell on the Thetan Marketplace.
Thetan Arena heroes are varied and come equipped with their own special skills — like the ability to freeze enemies or burrow underground — that you can choose to fit your play style. The 25 available characters fall within three rarity levels, three different classes and three skin rarity levels.
Heroes fall within three rarity levels. Higher rarity levels offer unique playstyles, different abilities and a chance for more bonus battle rewards:
Common Hero
Epic Hero
Legendary Hero
In addition to your hero's level, their skin influences battle rewards. There are three different skins available for each hero. The rarer a hero's skin, the more likely you are to earn extra battle rewards:
Normal
Rare
Mythical
Heroes are categorized within one of three classes:
Tank. Slow but heavy hitters with strong melee attacks.
Assassin. Fastest characters that can dodge and attack quickly.
Marksman. Specialize in ranged attacks.
How to buy NFTs on Thetan Arena
You're gifted Raidon at signup for free and immediate play. Play it in enough battles and earn enough in-game THC, and you just might be able to level up to two additional free heroes — and even premium heroes, if you can earn enough tokens.
To buy premium heroes, you must head to the Thetan Marketplace to buy heroes with wrapped BNB or buy Thetan Boxes with THC or THG.
You need Wrapped BNB (WBNB) to buy NFT heroes on the marketplace, which requires swapping out your BNB for WBNB in your MetaMask wallet. The transaction or "gas" fee is typically around $0.10 USD per transaction but can fluctuate greatly.
With WBNB in your wallet, look through the hero selections, sorting by cost, hero class or rarity to pick the characters you want to buy. Once you choose a character and complete the transaction, the NFT hero appears in your wallet.
Buyings heroes using Thetan Boxes
Thetan Boxes are like loot boxes that you buy to get characters.
Choose from among three types of boxes:
Common Box for 1,000 THC
Epic Box for 2,000 THC
Limited Legendary Box for THG
Image source: Thetan Arena
Before you purchase a box, check the Drop Rate Detail, which lets you know what level rarity levels NFTs you could get and the available characters based on the box you choose.
Legendary Boxes are limited, and cost depends on a formula based on the THG real-time rate: 10500 x Rate (minimum = 0.008).
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How to sell Thetan Arena NFTs
Collectors can also try their hand at flipping the NFT heroes on the marketplace. While you can sell the premium heroes, you can't sell the heroes gifted at signup or sell Thetan Boxes.
To sell your owned heroes, you'll need the MetaMask browser extension and be on the BSC network. You can switch networks by accessing your MetaMask browser extension. You will also need some WBNB to cover transaction fees.
Start by selecting the tab Marketplace. Click on your profile picture in the top-right corner, then select Inventory. Next, select the hero you want to sell, then hit Sell Now. Enter the price you want to list it for and pay the "service" fee (gas fee) with WBNB.
Source: Thetan Arena
The value of an NFT varies widely, depending on health points, attack power, abilities and more. And the rarer a hero, the more it's worth — and the higher the chance of earning bonuses in battle rewards.
About Thetan Arena developers
The company behind Thetan Arena is Wolffun Pte Ltd, or Wolffun Games. Thetan Arena's founder is Nguyen Dinh Khanh. Wolffun Games is also behind other popular mobile (non-crypto) games such as Heroes Strike and Tank Raid.
The company launched in 2014, and originally started as a development studio for mobile platforms. Thetan Arena is the company's first game built on blockchain technology.
Wolffun Games has a transparent site, full of the company's background information, links to its official LinkedIn page and also showcases its core team — a great sign in this world of anonymous blockchain developers.
The developer has multiple investors and partners, and a few notable mentions include Animoca Brands, Kyros Ventures, Spark and Decom Holdings.
Thetan Arena roadmap
Thetan Arena is an ambitious project with many planned updates, such as:
Mini-games
Guild system
Streaming
Avatar heroes and pets
Battle pass
Player vs. environment game mode
Bottom line
If you're into MOBA games like League and DOTA, the popular Thetan Arena could be for you. The game requires skill and active gameplay. The better a player you are, the more real cash you can earn. If you enter a match and let your character camp in Battle Royal, the shrinking map and other heroes are sure to knock you out of the game.
A big plus among play-to-earn titles is that Thetan Arena doesn't require an investment to start. However, in-game purchases can get you stronger characters that you can sell and trade.
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Bethany Hickey is a personal finance writer at Finder, specializing in banking, lending, insurance, and crypto.
Bethany’s expertise in personal finance has garnered recognition from esteemed media outlets, such as Nasdaq, MSN, Yahoo Finance, GOBankingRates, SuperMoney, AOL and Newsweek. Her articles offer practical financial strategies to Americans, empowering them to make decisions that meet their financial goals. Her past work includes articles on generational spending and saving habits, lending, budgeting and managing debt.
Before joining Finder, she was a content manager where she wrote hundreds of articles and news pieces on auto financing and credit repair for CarsDirect, Auto Credit Express and The Car Connection, among others.
Bethany holds a BA in English from the University of Michigan-Flint, and was poetry editor for the university’s Qua Literary and Fine Arts Magazine.
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Source: Thetan Arena
Source: Thetan Arena
Source: Thetan Arena
