Tokenomics

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 Offers

Thetan World offers a comprehensive ecosystem designed to empower gamers, investors, and game developers within the Web3 gaming landscape.

Our innovative NFT system and optimized economic model provide a foundation for a thriving in-game marketplace. Gamers can leverage Thetan World to access a diverse library of games across various genres, with the potential to earn while they play. Furthermore, NFT ownership grants access to customization tools, allowing players to unleash their creativity and personalize their in-game assets. Investors can participate through NFT and equipment trading, moreover, there will also portfolio management tool to handle tracking their investments. To avoid complexity, Thetan Gate (SDK) provides a streamlined path for Web2 projects to integrate into the exciting world of Web3 gaming. Thetan World stands out as a one-stop shop for everyone participating in the play-to-earn revolution.

NFT 2.0 System

The value of NFT = value of Mount Capacity + Mount Bonus

In the NFT 2.0 system, each Thetan Box carries a Blank NFT. To start earning, users MUST mount their Blank NFT, which means the Mounting process unlocks the NFT’s earning ability. And this Mounting process is the process where users attach a number of tokens to their Blank NFT. Voilà! You’ve got a Mounted NFT now! If users don’t mount their NFT, they can’t be transferred or sold. To apply the Play-to-Earn mechanism, Grind your NFT across games in the Thetan World ecosystem. Moreover, users can even unleash their creativity by customizing their NFTs with Thetan Creator.

Thetan Box

Thetan Boxes are your gateway to acquiring NFT heroes in Thetan World's Marketplace. These boxes come in various rarities (common, epic, rare, and legendary), with the price reflecting the potential value of the hero inside. Opening a Thetan Box is an exciting adventure, presenting players with the chance to discover a random Blank NFT from one of Thetan World's three captivating realms: Thetan Arena, Thetan Rivals, and Thetan Immortal.

Blank NFT

On Marketplace, once an NFT collection is released, each NFT will be sold through the Thetan Box system. These boxes come in common, epic, rare, and legendary rarities. The rarity of the box you purchase determines the likelihood of obtaining a higher-rarity NFT hero inside. In simpler terms, rarer boxes offer a better chance of getting valuable heroes.

*Please note that a Blank NFT is still playable. However, to earn from it, this NFT needs to be mounted first.

Mounted NFT

Mounting is a process where you attach THG to an NFT to increase the value of the NFT and make it a Mounted NFT.

Each NFT has a specific Mount Value Requirement, which limits the amount of tokens that can be attached to an NFT. Furthermore, in addition to the amount of tokens you use to put into the NFT, you will also be rewarded with a Mount Bonus.

This bonus comes from the initial reward pool (Creator To Earn Pool), which is recorded in the token metrics.

Once an NFT is mounted, users can Grind it (more details below) to earn. Plus, Mounted NFT can also be traded on Thetan World Marketplace.

Remember that the Mounting process is the only way to unlock the NFT’s earning ability!

Play-and-Earn Mechanism

Grind to earn

Thetan World's Play-and-Earn mechanism revolves around the concept of "Grinding," which involves utilizing Mounted NFTs to earn rewards in the form of THG tokens. This process is facilitated through participation in various games integrated within the Thetan World ecosystem. The amount of THG rewards earned through Grinding is determined by two key factors: NFT rarity and initial THG quantity. The system will provide you with a table with all the necessary information such as Grind Hour, Grind Stage, Grind Ability, Equipment Effect, and Grind Reward so that you can track your progress.

  • Grind Stage:

  • Grind Ability

Grind Ability is a key feature of Mounted NFTs in Thetan World, determining their earning potential. It's calculated as 70% of the NFT's base ability plus the Equipment Effect.

  • Equipment Effect

Beyond NFT heroes themselves, equipment plays a crucial role in optimizing a player's earning potential within Thetan World. Each NFT possesses six equipment slots, encompassing attire (hat, coat, glove, trousers, shoes) and a weapon.

These items come in four distinct rarity levels compatible with NFT’s rarities: Legendary, Epic, Rare, and Common, and these items are categorized into three levels, indicated by a star ranking system. NFT rarity will only be compatible with equipment of the same rarity and will depend on the items required by that NFT.

Since NFT’s Grind Ability is calculated as 70% of the NFT's base ability plus the Equipment Effect. The star-ranking level of an equipped item directly impacts the NFT’s Grind Ability.

A detailed breakdown of the Equipment Effect is available in the below table.

*Currently, equipment items can only be acquired through Lucky Spin. You can also search for items on Marketplace. However, compatible ones are not always there. Therefore, keep grinding to get spins!

  • Current Grind Reward

*In Thetan World, an NFT is used to grind across games integrated into the system. However, the NFT’s appearance is only visible in its own game. For example, if you own an NFT hero from Thetan Rivals, that NFT’s appearance won’t be visible in Thetan Arena.

Here is a calculation table for equipping all six equipment slots with the highest effect (3 stars):

Grind Payback Period: This indicates the number of days to fully grind mounted THG from NFT, limited to 1 hour daily. If you grind your NFT without equipment, its lifetime is still deducted. Once its lifetime runs out, users can’t use it to earn any more.

Mount Value Requirement: The amount of THG to be staked into an NFT for mounting.

Mounting Bonus: The bonus percentage an NFT receives based on luck when mounting.

Grind Reward/hour: Total THG received per hour when Grinding NFT through gameplay.

Est ROI: Est ROI is calculated assuming average Mounting Bonus and Spin Rewards for a fully equipped NFT. Actual ROI may vary.

Spin To Earn

After an hour of grinding one or many NFTs, players are eligible for a single spin. Received spins will be also shown on Marketplace. Earned spins could be cumulative and redeemed later.

This way, users can spin to have chances to get equipment items, tournament tickets, and many more tempting prizes.

Keep in mind that all of our features are always improved to get the best experience. Stay tuned for more updates!

Tournament to Earn

Thetan World's Tournaments are more than just events - they're your chance to elevate your gameplay and compete for glorious prizes.

Sharpen your skills, take on exciting new challenges, and battle your way to the top of the Leaderboard in these thrilling live-ops events. Tournament tickets are your key to unlocking these competitive clashes.

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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