This is interesting because perhaps this new model could successfully target audiences that have generally been overlooked by the usual F2P model, which is dolphin and whale oriented (even in their local variants). BNB Burn Given my skill level and token prices at the time of writing, I would have lost $0.61 each time I played and been left with a worthless NFT at the end of the process. Fortnite) games. Yung reward system kada battle at yung game m. Thetan Arenas design is with a top-down view of the overall map; the characters and environment are modern and simplistic yet retro and nostalgic, which will enhance players vision and space for action. The Crypto Herd 2.03K subscribers Subscribe 7.4K views 3 months ago #thetanarena #nftgaming #thecryptoherd Thetan Arena Is It. 09/12/2021 Thetan Arena, one of the most searched blockchain games at present, attracts gamers with stunning graphics and innovative gameplay. Using all my token matches per day, I would have had about 44 days of play at a cost of $1.09 per token match before my NFT lost all earning potential and therefore all resale value. In addition to the structure of chains and blocks, Blockchain also includes many different layers. Testnet The cookies are used to store the user consent for the cookies in the category "Necessary". Historically, this fact has been used to argue that most p2e players dont care about the gameplay, only about making money. In which case, they still made two-thirds of their revenue through blockchain. Thetan Arena (TA) is a fascinating experiment in the burgeoning blockchain space. For any questions, please feel free to reach out to us on. The shift to a true Decentralized organization will occur gradually over time. An IAP source of income that is unrelated to their blockchain revenue. Through regular IAPs, players can buy several things that are not blockchain-based and dont foster play-to-earn: loot boxes that grant non-NFT characters (that cant be traded and dont generate additional cryptocurrencies as rewards) and character skins. To do this, Thetan Arena must do three things, including: As weve seen with Free-to-play video games, their evolution removes the barrier of cost which young people struggle to overcome and allows them to provide onboarding, usage, propagation, experimentation, and therefore content, in abundance. Advertising cookies are used to provide visitors with relevant ads and marketing campaigns. 0:00 / 3:10 Thetan Arena Is It Still Worth to Play in 2023? The fact that the game doesnt make more IAP per player is surprising if we take into account that they took out important vectors of the monetization like character and skill unlocks. This is far from top-grossing positions in the stores, but an impressive increment considering the performance of the original game. The two stores dont outright ban blockchain games, but have several guidelines that make them difficult to operate. Nothing herein shall be construed to be financial legal or tax advice. This opens up limitless possibilities but must be approached carefully. And if you have to drag anyone all over the internet drag Ethan The Crypto Kid Levy , Subscribe to our mighty mailing list and receive our powerful newsletter. Binance Labs Facebook: https://www.facebook.com/Thetannarena/, Facebook: https://www.facebook.com/WOLFFUNGAME/. Thetan Arena and KardiaChain have a vision of a captivating MOBA/Battle Royale game that eliminates most of the commonly seen barriers to create a true "socialising gaming experience" and profitable Play-To-Earn model.Thetan's overarching vision is to become a market leader in its category and to give players a unique decentralized play-to-earn gaming experience. But is this a viable and sustainable business model or just a fad? The game economy would be able to convert the non-crypto players to crypto players through the play-to-earn mechanism. KardianChain will support providing a blockchain-based platform to make it transparent and convenient. The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not the user has consented to the use of cookies. Reddit, Inc. 2023. Nevertheless, what compensates us the most is an Epic hero with a Mythic skin, since we will get a better price and the difference is minimal. The Play-to-earn movement is an emerging phenomenon in gaming, wherein players collect rewards in the form of NFTs (non-fungible tokens) within a game and later convert them to real cash. Overall, Thetan has a very well-rounded team, with complementary skill sets and backgrounds, with each co-founder having a deep understanding and exposure to blockchain too. Binance Futures They can be a player, and they can also be someone who works with the players to create the perfect team, bringing a good return on their investment. On the other hand, there are those who believe that all of this will change dramatically over the next decade and we will one day reminisce about these early, wild-west days of crypto gaming. Another relevant factor thats worth highlighting regarding the reach and revenue is the country mix: ~60% of the downloads come from Brazil, the Philippines, and Indonesia. To put this into context, this means that the game is making ~$20k per day. Any matches after that are just for fun. Instead, they made it simple for a player like me to do some math and determine it will take me 48 days of play to use all these token matches, and in the process, I will certainly lose money.. DOTA, CS, LOL are the true stories. Binance Savings IMPORTANT: Please note the following content does not constitute an endorsement or approval of any of the products or services of the project, organization, or individual. Graduated in Computer Science, passionate about writing and technology. So I decided to simulate playing on-chain by proxying with an IAP hero from the Legendary tier gacha box. Its evident that Thetan Arena has been a massive success for WolfFun: simply taking into consideration in-app purchases, like I would with any other mobile game, Thetan Arena has generated more revenue and achieved more downloads in two months than Heroes Strike in all of its lifetime. The cookie is used to store the user consent for the cookies in the category "Other. Naturally, mobile game companies are in constant search of new blue spots in the red ocean to compete in. . By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Previously, we shared interviews with many projects, includingKalata Protocol,Tranchess,Argon,My DeFi Pet, andAlpaca Finance. Thetan Arena's Free to Play model and game economy. DAO Maker - DAO 697. You can gather your friends, form a team, battle with others, and earn token rewards with just your skills. Play only profitable battles,and then lose all the others . Finally, for calculating the equivalence to dollars, Ive taken the average price of those currencies on the 13/Feb/2022. But its not only that the folks at WolfFun had a good hand, they also played it very well. DeFi Hailing from the creative laboratories and game developers of Wolffun,. Challenge yourself with various game modes: MOBA & Battle Royale, coming with monthly updates and attractive rewards. We are focused on creating a massive social E-sport gaming experience with a highly incentivized Play-2-Earn model at its epicentre. This is as far as exposing game performance data goes. The Thetan Arena games are a lot quicker than some of the most popular MOBA, which makes them perfect for Androids. Thetan Arena is an e-sport game based on Blockchain technology. Ill explain this more alongside daily limits below. Performance cookies are used to understand and analyze the key performance indexes of the website which help in delivering a better user experience for the visitors. These cookies help provide information on metrics on the number of visitors, bounce rate, traffic source, etc. EL: First of all, wow, amazing work by data detective Javi in estimating Thetan Arenas blockchain revenue. BNB Greenfield Ecosystem Part 1: Current State and Infrastructure Opportunities, Quick Update BNB Chain News (2nd June 8th), New Projects on BNB Chain (1st June 7th June), Unraveling Meme Coins: A Booming Trend in Web3, BNB Greenfield: Upgrade, Bug Fixes, add 6, DappBay: The Powerful Red Alarm dApp Risk-List, Gameplay must be really attractive and entertaining, keeping players interested in participating in the game every day for many years. With the outstanding features of blockchain such as decentralization, security, transparency, freedom, blockchain can help traditional games do things that were not possible before. Thetan Arena complies with AppStore and GooglePlay guidelines by disconnecting blockchain from the client. Master Ventures is a blockchain-focused venture studio helping to build the next generation of blockchain-based Web 3.0 system innovations within the crypto industry. Binance Chain (BC) 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.