Tokenomics
Our Vision
Web3 is driving a massive shift in the gaming industry by enabling the transition from traditional Web2 projects to decentralized Web3 platforms. By building solutions that facilitate this conversion, developers can transform conventional games into blockchain-based experiences, where players have true ownership of in-game assets, enhanced security, and the ability to earn through decentralized finance mechanisms. This shift not only enhances user engagement but also aligns with the growing demand for transparency, interoperability, and digital ownership in gaming.
Challenges
The play-to-earn (P2E) model within Web3 gaming offers exciting possibilities but also faces significant challenges.
For Web3 Players (Investors):
Sustainable Game Mechanics and Profitability: Investors require robust game mechanics that generate sustainable in-game economies to justify investment.
Inflation Risk and Player Loyalty: Uncontrolled inflation within the game's tokenomics can deter long-term investment from loyal Web3 players, hindering the ecosystem's health.
For GameFi Projects:
Effective Tokenomics Design: Developing effective tokenomic models is crucial for balancing player rewards, in-game utility, and overall project sustainability.
Balancing Development Costs and Engaging Gameplay: Creating high-quality, engaging gameplay experiences can be expensive. Striking a balance between development costs and engaging gameplay is vital for success.
Security Concerns: Cheating and hacking remain significant challenges in the Web3 gaming space, potentially undermining the integrity of the entire system.
For Traditional Game Studios:
Entry Barriers: The transition to Web3 development presents challenges for traditional game studios, including high development costs and expensive marketing strategies.
Economic Integration: Merging traditional in-game economies with blockchain-based elements requires careful consideration to ensure a smooth and cohesive user experience.
App Store Distribution: Navigating app store policies regarding blockchain and crypto-related content can pose hurdles for Web3 game releases.
For Traditional Gamers:
Limited Appeal: The current state of P2E games may not hold sufficient appeal for traditional gamers, potentially due to a perceived lack of entertainment value or the complexity associated with blockchain technology.
Our Solutions
Thetan World offers a comprehensive solution that includes a new Economic Model, advanced NFT mechanisms, Investment tools for investors, and an SDK that can transform any Web2 project into a Web3 experience, regardless of whether it incorporates tokens or not. This approach allows developers to seamlessly transition to the decentralized Web3 ecosystem, enhancing the value and functionality of their games.
With this solution:
Game studios can integrate Web2 games into Web3 with just a few lines of code, ensuring low costs and access to a new player base.
Players gain access to a wide variety of games, allowing them to choose and play genres they enjoy the most.
Investors have more games to invest in, diversifying their portfolio. Investors can easily manage their portfolios, making informed decisions on their investments.
NFT 2.0 System
Updated NFT System offers players free NFT, and various Thetan Boxes revealing NFTs of faster and higher earning potential.
A. SPECIAL NFT
What is a Special NFT?
Unlike other NFTs, Special NFT is a free-to-earn NFT that players can use to play and earn profit without having to make any investments. Moreover, a Special NFT has no daily or total earning limits, giving the freedom to maximize your earnings.
As soon as you join the Marketplace, you will receive ONE Special NFT, which you can immediately start your play-to-earn journey.
How to earn from a Special NFT?
In order to earn from a Special NFT, you MUST play one of the game in the Thetan World system (Thetan Arena, Thetan Rivals, or Thetan Immortal) to claim Grind Rewards and Victory Rewards, reach milestones on the Daily Airdrop bar of Marketplace to receive bonus tokens or Equipment, as well as compete with others and become top players on the Leaderboard to earn promising rewards.
What needs to be noticed about Special NFT?
Earning & Resting Periods
A Special NFT has unlimited daily earning time and no total time restrictions, but it includes alternating 0.5-hour Earning Periods and 0.5-hour Resting Periods.
To be more specific, if you have already spent 0.5 hours earning from a Special NFT, you will need to take a 30-minute break before starting the next 0.5-hour earning. This mechanism will be repeated continuously throughout the day, without any limit on the number of times it can occur.
To save time, you can spend THG or gTHG to get bypass on Marketplace to skip the resting period. But be thoughtful, because a bypass will charge 30% of your earnings from the nearest earning period.
Equipment Effects & Trading potential
A free NFT cannot attach Equipment to boost rewards. It also cannot be traded, which means it is not for sale or bought on the Marketplace.
B. THETAN BOX
Besides earnings from free NFT, you can increase your profit by using NFTs opened from purchased Thetan Boxes.
What are Thetan Boxes?
Thetan Boxes are the gateway for players to acquire NFT in Thetan World's Marketplace. These boxes come in 5 rarities (Lite, Common, Epic, Rare, and Legendary), with the price reflecting the potential value of the NFT inside.
Once a Thetan Box is purchased, it is added to your Inventory where it can be opened. Each Box reveals at least 1 NFT that you can immediately use to play games and earn rewards.
How to buy Thetan Boxes?
Thetan Boxes are sold on the Marketplace of Thetan World. To buy Thetan Boxes, you first need to create an account on Thetan World and link it to your Web3 wallet. Once your account is set up, pick a Thetan Box that suits you. Finally, complete the transaction, and it will be yours!
To make a more confident decision when choosing the right Box for yourself, be sure to review the information below.
Thetan Box price
Thetan Box is sold in USDT/THG with prices depending on its rarity. The rarer the Box, the higher your chances of receiving an NFT of greater earning potential.
You can buy Boxes using USDT, THG (from your MetaMask or Coinbase wallet), or gTHG (from your Earn Wallet in the Thetan World system). If you're using gTHG, it will be converted to USDT at the exchange rate at the time of purchase, and there will be a 2% fee charged.
NFT drop rates by Box rarities
When you buy a Thetan Box, the rarity of the Box affects your chances of getting a higher-rarity NFT. This means that investing in a rarer Box could lead to a more rewarding outcome.
For example:
If you open a Legendary Box, you will have:
99.5% of getting a Legendary NFT;
0.4% of getting a Legendary with a Common NFT;
0.1% of getting a Legendary NFT with a Rare NFT.
Box limit per sale event
During a sale event, only a limited quantity of Thetan Boxes will be available in a specific time duration for purchase. For ONE purchase, players are allowed to buy a maximum of 10 boxes with the same rarity type.
C. THETAN NFTS
NFTs received through Thetan Boxes offer players unique in-game assets that can be played, customized, earned, and even traded.
NFTs opened from boxes are randomly selected either from the game: Thetan Arena, Thetan Rivals, Archer Hunter, Hotel Empire Fever, Match Block, Tile King, or Thetan Immortal. In the current Thetan World system, NFTs are classified into 6 rarity levels: Lite, Common, Rare, Epic, Legendary, and Special*.
*Special NFT will not be opened from Thetan Boxes.
What needs to be noticed about NFTs?
Each NFT rarity is subject to daily earning limits and a total time it can be used to earn (except for Special NFT). Owning a rarer NFT means you will have a longer total earning time to gain more potential profits.
Total Earning Time Limit
Total Earning Time is the maximum hours of an NFT that you can earn. When you reach its time limit, that NFT will no longer be capable of earning.
For example, when you have reached 5 hours earning from a Common NFT, you cannot use that Common NFT to earn anymore. You need to buy a new box or use another capable NFT to continue making profit.
Daily Earning Time Limit
Daily Earning Time is the maximum hours per day of an NFT that you can earn. Each NFT rarity has 0.5 hours in a day* (except Special NFT) to make profit. When you reach the daily earning time limit of the NFT, you have to wait until the next day to continue earning.
*0.5 hours in a day: From the moment you start being active in the game, the 0.5-hour limit starts counting down. This means the actual time you can play and earn might be less than 0.5 hours, so make the most of it to earn as much as possible within a day!
New Cashout Mechanism
To increase fairness among players, we update the new cashout mechanism as follows:
Account age must be at least 14 days to be able to cash out.
You can own an NFT from a Thetan Box or directly purchase on Marketplace to upgrade your account to a premium one.
How can Equipment affect the earning potential of Thetan NFTs?
In Thetan World, Equipment purchased from Marketplace or claimed from Daily Airdrop is your in-game ownership asset. It is used to make your NFTs more unique and more valuable for trading.
In the gameplay, Equipment can boost up the amount of Grind Rewards and Victory Rewards you will receive after each battle, as well as elevate your Earning Speed*.
*Earning Speed: Faster Earning Speed means that you can earn more rewards in a shorter amount of time. For example, imagine you earn a total 100 THG by playing the game for enough 0.5 hours with an NFT having no Equipment. If you play the same game with an NFT that has Equipment attached, you can earn more than 100 THG in less than 0.5 hours.
In short, Equipment helps you save time and earn more profits in the game. By equipping your NFTs, you make them more efficient, which means better rewards for you with less effort.
HOW TO EARN WITH THETAN NFTs
Dive into Thetan World, where thrilling gameplay and NFTs lead to real profits through diverse in-game rewards. From Grind Rewards that keep you engaged, to Victory Rewards that celebrate your triumphs, Daily Airdrops that surprise you with bonuses, and a Leaderboard that challenges you to climb to the top.
A. GAMEPLAY REWARDS
Grind Rewards and Victory Rewards are gameplay earnings. In simpler terms, you compete against others in battles to earn rewards. The amount of rewards you earn is determined by the amount of time you spend playing the game, and whether you win or lose the battle. To optimize your rewards, make sure to attach Equipment to your NFTs!
Grind Rewards are given after each battle for the time and effort you put into playing the game.
The amount of Grind Rewards you earn will be estimated based on your playing time amount, and the NFT rarity you use in the game. To boost your grind rewards, make sure to take advantage of the Equipment.
For example, if you attach your NFT with one 3-star Equipment, your Grind Rewards will be boosted up to 7.14%.
Victory Rewards are given after each battle for your talent in conquering the game.
Victory Rewards amount depends largely on your battle outcome (win or lose), along with NFT rarity you use, and Equipment attached to your NFT. If you win the battle and use the rarest NFT (Legendary) attached with 3-star Equipment, you will have the chances of getting the highest Victory Rewards after the battle.
What happens to Victory Rewards if you LOSE the battle?
No worries! When you LOSE the battle, you still receive the Lose Rewards as compensation for your effort, although the amount is definitely less than Win battle rewards. Beyond that, the NFT rarity you use as well as the Equipment attached to your NFT will add an amount of bonuses to your Lose Rewards.
Therefore, increase your luck by simply using rarer NFTs and attach it with Equipment to play the battle!
C. DAILY AIRDROP
Apart from Grind rewards and Victory rewards, players can get bonus earnings through Daily Airdrop. The Daily Airdrop is a reward bar on Marketplace with six milestones that you can claim rewards for everyday log-in.
What is on the Daily Airdrop bar?
There are 4 different types of rewards on the Daily Airdrop bar such as THG, THW, Equipment, and USDT. The first 4 milestones will expose specific types of rewards, while the last 2 milestones will be kept secret waiting for your exploration.
How to claim bonuses from the Daily Airdrop bar?
In order to reach a milestone and be able to get the rewards, you need to earn a specific amount of THG (from both Grind and Victory rewards) required on the milestone. The reward value at each milestone accounts for approximately 10% of the THG amounts that you earned. As you climb to higher milestones, this percentage increases, offering more valuable rewards.
The Daily Airdrop bar resets at 00:00 UTC+0, each time the Daily Airdrop resets, it will be locked. To unlock it, you need to make an on-chain transaction (pay the gas fee). If you play before unlocking the Daily Airdrop, your progress will still count, but you won't be able to claim the rewards until it is unlocked. When a milestone is reached, you need to actively claim your rewards before the Daily Airdrop bar resets.
D. LEADERBOARD
A. GAME LEADERBOARD
Game Leaderboard is a WEEKLY ranking system where players compete against others to be on tops and earn promising rewards.
What is the structure of a Game Leaderboard?
Every game within the Thetan World ecosystem comes with its own Game Leaderboard. Each Game Leaderboard is divided into 10 league levels, ranging from Wood to Champion (view the below table). If you are a newbie, you will start at the lowest league which is Wood.
At every league level, there are sub-leaderboards with 100 players within each. Only 100 players in the sub-leaderboard of that league level compete against each other, so you will not have to compete with everyone in the league. This structure creates a competitive environment that matches players with others of similar abilities.
The number of sub-leaderboards in a league is not limited. When a sub-leaderboard reaches 100 players, another will be automatically created.
At the end of the Game Leaderboard event, you will receive rewards based on your league level and your ranking in the sub-leaderboard.
How are players ranked in the Game Leaderboard?
Your rankings in the Game Leaderboard will be determined by your Total Points accumulated from your total Earning Points.
Total Points = ∑Earning Points
With Earning Points are the amount of THGs you earn from Grind Rewards and Victory Rewards in a week. Therefore, the more rewards you earn from gameplay, the more Earning Points you accumulate and the more chances you have to become the top players in the Game Leaderboard, who will be able to claim attractive rewards.
Players can earn how much of a Game Leaderboard reward pool?
The amount of reward you receive from a Game Leaderboard event depends on which league level you are. The amount of league rewards occupies a specific percentage from the Game Leaderboard Reward pool. This amount will increase when players in the league earn greater.
League rewards = Game Leaderboard Reward Pool × Share Ratio
With:
Game Leaderboard Reward Pool = Total earnings of ALL players on the leaderboard from Grind Rewards and Victory Rewards.
Share Ratio is the percentage from the Game Leaderboard reward pool that we will distribute to the top players in sub-leaderboards of each league.
For example, if you climb to league Champion, and the current reward pool of the Game Leaderboard is 100,000THG. Then the reward amount of your league Champion will be 14.2% of 100,000THG which equals 14.200THG for each sub-leaderboard. The higher you rank in the sub-leaderboard of the league, the bigger your reward share will be.
How many Percentage of players earn rewards in a league?
Players in a specific %top of each league will earn rewards. For example, if you rank in top 50% of league Wood, you will be able to get the rewards, ONLY with the condition that your Total Points contribute at least 1% to the Game Leaderboard rewards pool.
For more details, please view this table
As can be seen from the table, in lower Leagues where the competition is less extreme, the percentage of top users earning rewards is larger than in higher Leagues, where the competition rate is more intense.
What happens when a Game Leaderboard is reset?
When a 7-day Game Leaderboard is reset, Top players in the league can be upgraded to higher leagues for more challenged competitions with greater rewards, while those at the bottom may be downgraded to lower leagues for easier competition.
Upgrade League
The Upgrade Rate refers to the percentage of top players in each league who could be promoted to the higher league when a Game Leaderboard is reset. This rate decreases as players move up to higher leagues since the competitions become harder.
For example, if you rank among the top 50% of league Wood, you will be upgraded to league Stone in the next Game Leaderboard event.
Notice: There are possibilities when you are eligible to be in the top Upgrade Rate but cannot be upgraded because the number of competitors in the higher League are not enough for competitions.
Downgrade League
The Downgrade Rate refers to the percentage of players who fall below %top (as shown in the below table) will be moved down to a lower league when a Game Leaderboard is reset. As you advance to higher leagues, the Downgrade Rate increases since the competitions become harder.
If you are in league Wood, you cannot be downgraded anymore, because it is the lowest league in a Game Leaderboard.
Notice: There are possibilities when you are below the Downgrade Rate but are not downgraded. This is because if you were to be downgraded, the current league would lack enough participants for competitions.
B. WORLD LEADERBOARD
Intriguing than Game Leaderboard, World Leaderboard is a MONTHLY leaderboard for users to compete with one another on the entire system of Thetan World over a 30-day period.
How are players ranked in the World Leaderboard?
Your rankings in the World Leaderboard are determined by the World Leaderboard Total Points you accumulate, which is the summation of all Points from every Game Leaderboard you participate in for 30 days.
World Leaderboard Total Points = ∑Game Leaderboards Total Points
What is the size of a World Leaderboard reward pool?
The reward pool for the World Leaderboard is determined by the Total (THG) Earnings of all the users on that leaderboard multiplied with a share ratio.
For example, if the summation of players’ earnings on the entire system is 1,000,000THG, the reward pool of the World Leaderboard paid for top players will account 5% which equals 50,000THG.
How can you win World Leaderboarđ rewards and how much of rewards will you earn from the reward pool?
You can win the World Leaderboard by becoming one of the top 100 players of the World leaderboard. To rank among top 100 players, you need to do your best to earn as much THG as possible within 30 days from Grind Rewards and Victory Rewards of every game that you play.
Each top-player group in the World Leaderboard will receive a percentage total reward from the World Leaderboard reward pool. For more exact data, please view this table below.
The percentage reward of each group will be allocated differently to each rank. The higher rank you climb the bigger the percentage will become.
If you rank among Group 1
Provided that you gain Top 1 of the World Leaderboard, you will claim 16.7% reward amounts out of the entire reward pool.
If you rank among Group 2
If you rank among Group 3
Since the World Leaderboard has such a wide scope, the competition is intense. This is your chance to shine and showcase your true skills to the world!
Notice: All of your rewards earned from both the Game LeaderBoard pool and World Leaderboard pool will be paid by our system based on the Share ratio of each reward pool.
Stay tuned to Thetan World's official channels for more information. Don't miss out - these tournaments are coming soon!
Thetan Gate (SDK): Bridging the Gap Between Web2 and Web3 Gaming
Thetan World is revolutionizing the gaming landscape by fostering a seamless bridge between traditional Web2 games and the exciting world of Web3. Through Thetan Gate, a powerful integration tool, Web2 game developers can unlock the potential of Web3 for their existing titles with just a few lines of code. This integration opens doors to innovative features like: play & earn mechanics, and enhanced player engagement. Thetan World prioritizes captivating gameplay at its core. Our vision is to cultivate a diverse library of games brimming with rich features and robust PvP (Player versus Player) capabilities. For gamers, Thetan Gate serves as a user-friendly guide to navigate the platform, discover a plethora of games, and unlock the exciting earning potential of Web3 gaming.
Stay Informed, Stay Engaged.
Thetan World is constantly evolving! Keep a close eye on their official channels for upcoming updates and exciting developments.
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