AAG Purchases $510K Worth of NFT Assets Spearheading Expansion of Play-to-Earn Movement with Thetan Arena.
AAG Ventures has partnered with the critically-acclaimed Thetan Arena by adding Thetan Box NFTs to its treasury of Play-to-Earn assets. AAG has purchased 1,500 Thetan Boxes valued at $510,000.
AAG plans to deploy the newly acquired NFTs to its scholars to kickstart one of the first guild scholarship programs in the Thetan Arena game ecosystem upon the game’s launch.
“As a platform, we are constantly on the lookout for on-chain games that are high-quality, have a mechanically-sound Play-to-Earn model, and can integrate with the AAG infrastructure,” said Robert Liu, Chief Investment Officer of AAG Ventures. “We believe that Thetan Arena meets all these criteria. Thetan Arena will be the second game incorporated into the AAG scholarship program and platform.”
At the moment, the majority of guilds solely consist of Axie Infinity scholars. With so many new games launching, the next step for guilds is to expand into other games.
“Managing a guild for one game is an incredibly demanding task,” said Omar Moscoso, AAG Co-Founder and VP of Operations. “Expanding into more games introduces another layer of complexity to an already-challenging process. Guilds will realize this and see the necessity for AAG’s Guild Management Cloud Services.”
AAG plans to implement its Scholarship Payout Manager (SPM) and Performance Monitoring and Coaching (PMC) solutions to support the Thetan Arena ecosystem. These services automate the most time-consuming parts of running a guild and enables guilds to operate more efficiently and effectively.
Thetan Arena is strongly aligned with AAG’s vision to spearhead the development of the play-to-earn industry. This partnership will continue to advance the revolutionary play-to-earn movement by enabling players to generate income while enjoying games by operating Thetan Arena’s in-game assets.
What is Thetan Arena?
Thetan Arena is an esports MOBA and Battle Royale game that revolves around the combination of personal skills and teamwork. It is being developed by Wolffun, a game development studio founded by Thetan Arena’s Founder and CEO, Khanh Nguyen, in 2014.
Thetan Arena offers a groundbreaking, compelling gameplay experience boasting captivating graphics. It utilizes classic MOBA gameplay and incorporates a number of different game modes for players to enjoy.
One of the strongest aspects of Thetan Arena is its Free-to-Play model. This offers users the ability to play for free if they wish, but also to utilize in-app and crypto purchases to progress through the game faster. This model highlights the community-building feature of the game and will allow everyone the opportunity to join in — no matter how they want to play.
The Heroes in Thetan Arena are acquired through purchasing and opening Thetan Boxes. There are various types that each have a unique special ability called Fury. Each has unique stats according to their roles on the battlefield.
There are 3 types of Heroes:
- Tanks
- Marksmans
- Assassins
Each Hero also possesses an associated rarity. The Rarity of a Hero is determined by 2 elements: the base rarity of that Hero and the rarity of its skin. Heroes with a higher rarity have more unique playstyles, abilities, and offer higher bonuses in battle rewards.
There are 3 different levels of Hero rarity:
- Common Hero
- Epic Hero
- Legendary Hero
There are 3 different levels of Skin rarity:
- Default Skin
- Rare Skin
- Mythical Skin
Thetan Arena features five different game modes. Players utilize the Heroes they have collected from Thetan Boxes to battle against one another.
- A four-minute Battle Royale Mode where 12 players join as solo players or two-player teams in a periodically shrinking battleground. Players destroy supply boxes to gather bonus power points and eliminate others to become the last to survive.
- A five-minute Tower Siege Mode where two four-player teams attempt to take down the rival tower. Players collect items called Battery to summon the Siege Robot. Towers can only be damaged whenever the Siege Robot reaches them. The game ends when either tower is destroyed. If the time runs out and neither of the towers is destroyed, the team whose tower has more health will be the winner.
- A four-minute Super Star Mode where two four-player teams collect Point Stars produced by the Superstar. The team that reaches 50 points or has more points than the rival team when the time expires is the winner.
- A three-minute Deathmatch Mode where eight solo players eliminate as many other players as possible. The player who has more than 25 elimination points or the most elimination points when time expires is the winner.
- A Custom Battle Mode where the host can freely choose any option among available game modes and maps, and can decide the number of in-game players.
Players using common or Rare Heroes are rewarded with in-game currency, gTHC, and players using Legendary Heroes are rewarded with in-game currency, gTHG, for their participation in games. The better a player performs, the more gTHC/gTHG they receive. gTHC/gTHG can be spent to upgrade heroes or claimed for actual THC/THG tokens which can be used to purchase Thetan Boxes and are tradable.
Thetan Arena’s goal is to become the first Blockchain-based MOBA game that is truly owned and governed by a community where everyone can create value and benefits. AAG shares this vision and is excited to partner with Thetan Arena for this journey.
The game was released on PC, Android, and iOS on November 27, 2021 and has already attracted over 3.5M users. It has already become the top rated game on both iOS and Android in the Philippines in only a week.
For more information on Thetan Arena, check out their Website, Whitepaper, Twitter, Facebook, Telegram, and Discord.
AAG Ventures IDO
After raising $12.5M in an oversubscribed Private Round led by Shima Capital, Tribe Capital, and Tess Ventures, AAG Ventures is excited to announce the launch date of AAG Token IDO.
Token Launch Auction (TLA) or IDO will begin on 12th December at NOON UTC. Follow us on Twitter for news on how to participate and up-to-date information.
Have a question about the AAG IDO? Visit the AAG Ventures Telegram community to get your answer now!
