Play2Earn Review: Thetan Arena
Thetan Arena has been one of the more popular upcoming P2E crypto games.
You can visit their website: https://thetanarena.com/#home
It is free to play, so anyone can join and have fun.
On 1 Dec 2021, "More than 1.5 million players have joined Thetan Arena!"
However, one thing that is stopping me is that each nft had limited P2E capability. The nft is able to generate income for a fixed number of matches. As a result, there is a likelyhood that if you have high rate of losing, you cant even cover the cost of nft.
BUT recently the dev suddenly made an announcement:
With now the lower cost to get the nft, this reduce the risk and so I scoop up 2 common boxes to have a hand on this game. I also bought one from the market.
Click below to see the gameplay!
For each nft, there is a rarity for the hero and a rarity for the skin. This will affect the stat and the most important the P2E features!
From the pic, this nft has a lifespan of paying out gTHC tokens for only 242 matches. And so far, 35 matches had been used. You can level this nft to increase the cap by 12.
When I win a dead match, I am able to get 4PP tokens, 7.45 gTHC, 6 exp and rating increase. You can gain additional freebies when you level up or your rating hit certain milestone.
But when you lose, you you only get 1gTHC, 1 exp and rating decrease. Do note that the lifespan of matches for the NFT is also being used up.
Tip: Adjust the setting to ensure that you have a smoother gameplay session. You dont want to lose just because of a lag or hang frame.
Currently, THC is worth $0.31. So a win can net me $2.30. To cover the cost $150, I need to win like 65 matches.
Or I need to win an additional 134 matches to accumulate 1000THC to buy another box for new nft to continue earning.
Do take note that
- The THC token is still in a downward trend so the payout may be getting lesser and lesser in value.
- You need to convert ingame gTHC to coin THC and that would have a fee of 4%.
However, I really do enjoy playing this game. It is really fun and exciting.