Our goal with $THG and $THC is to use this as economic incentives to encourage users to participate in the ecosystem activities. The mechanisms described above have two main goals:
To reward players for interacting with Thetan Arena while incentivizing them to utilize tokens for transaction, so as to create an internal circulating economy.
To decentralize the ownership and governance of Thetan Arena.
Why 2 tokens model?
To ensure the sustainability & scalability of the ecosystem.
All of the revenue streams of Thetan Arena Arena (e.g. marketplace fee, fees for evolving heroes) will go into 2 ways:
1. X%(TBD) will go to Company to keep developing Thetan Arena to be allocated towards all active contributors proportionate to their contributions.
2. Y%(TBD) will go to Thetan Treasury to be allocated towards all active contributors proportionate to their contributions.
To develop a self-sustainable, closed-loop economy, the treasury would be re-distributed as incentives for active contributors interacting within the ecosystem. All users must participate in the development of the game in order to receive rewards. Eventually, once governance is introduced and the network decentralized, the parameters and conditions for allocations to the various groups will be determined by governance, and no centralized party will be able to unilaterally control such aspects.
The Treasury receives inflows from:
There will be various other similar income streams in the future from cosmetic sales, tournament entree fees, licensing fees, and more as new opportunities present themselves.
Thetan Arena team brings together members who are both prominent and experienced in the field of game development as well as blockchain technology. The game development team is founded in 2014 under the name of Wolffun, with a specialty in Online PvP games for mobile platforms. We started small with only 4 members developing casual games. Since 2015, we have been concentrating more on the mid-core action genre and have published “Tank Raid Online” – our very first game title in the action genre. The game has been a success attracting more than 5M players to date. It is still known and loved worldwide and has achieved many prizes since its launch, including Google Editors’ Choice.
We all share the burning passion for video games and dedicate our lives to making unique mobile games that can bring the best experiences to our users. Through our mutual love for games, we are connected as a team and have developed a habit of doing other wonderful things together.