Thetan Arena Initial Decentralized Offering Will Be Launch In KAISTARTER

Published on: 08.09.2021

Thetan Arena’s Initial Decentralized Offering will additionally be hosted by KAIstarter, a decentralized crowdfunding platform on KardiaChain ($KAI), on September 16th of 2021. With just over a week left until the IDO, this announcement brings with it the opening of the KAIstarter Whitelist!

KAIstarter, a subsidiary of KardiaChain, is a DeFi platform to provide flexible earnings for KAI holders via traditional business investments. KAIstarter utilises KAI tokens to govern all activities such as proposing an investment, voting for approval and claiming interest. Hence, the platform creates a new flow of money into the crypto world.

Thetan Arena KAIstarter IDO details:

  • IDO date: Thursday, 16th September 2021
  • Price of $THG token: 1 THG = 1.6 KAI
  • $100,000 will be available through the IDO, totaling 1,250,000 $THG tokens
  • Max cap per person: 1,250 $THG
  • Network: KardiaChain

*Please Note: Anyone wanting to participate in the IDO must whitelist. You must fulfil all whitelist tasks to qualify for the lottery draw.

Whitelisting open/close

  • Whitelist form opens: Tuesday, Sept. 7th 2021 10:00 pm GMT + 7
  • Whitelist form closes: Sunday Sept. 14th, 2021 23:59 GMT + 7

Whitelist form Notice:

Approval process:

  • Approved users will receive an email from [email protected]
  • After the whitelisting process closes (Tuesday, September 14th, 2021 23:59 GMT + 7), a randomized draw will generate a list of users approved for the IDO
  • Once the email is received — whitelisted entries will have 36hrs to pass the KYC process

THG TOKEN USE CASES

  1. Revenue share through Thetan Heroes Staking: Investors will need both $THG and Thetan Heroes to participate in staking and receive a shared proportion of the Thetan Arena Ecosystem Revenue. This is to ensure that every stakeholder of Thetan Arena contributes to the development of the game via engagement, as well as financial investment.
  2. Governance: Holding $THG tokens will allow players to exercise key voting rights on major decisions about the future direction and development of the Thetan ecosystem through Thetan DAO.
  3. Capture the value of Thetan Arena Ecosystem: Users will need $THG to activate several in-game progression features, such as: opening Thetan Boxes, upgrading heroes, and participating in Guild and Global Wars. The $THG required per in-game function will vary and be subject to adjustment based on a myriad of economic factors. One of the primary functions of the development team will be to closely monitor and adjust rates to consistently encourage economic growth and stimulate community involvement.
  4. Rewards: $THG will be rewarded to players for interacting with the ecosystem’s special events and tournaments.

ABOUT Thetan Arena
Thetan Arena is the world’s first MOBA blockchain game. MOBAs are a genre of competitive Esport gaming that consistently host over 200 million highly active users worldwide. Thetan Arena, is a new MOBA developed by two amazing game studios, KardiaChain and WolfFun games with an initial investment budget over 2.1 million USD. It is based on and modeled after a widely successful MOBA originally developed and published by WolfFun Games. The original title “Heroes Strike”, has over 10 million unique downloads and won a Google Editor’s choice award. In Thetan Arena, you will not only find a stable, tried, tested and true game model but also a pioneer that synergizes competitive Esports into the world of blockchain play to earn gaming.

ABOUT KardiaChain
KardiaChain is a blockchain infrastructure that helps connect other blockchains. With their non-invasive cross-chain technology, KardiaChain operates as a data conduit that allows cross-chain communications between public or private blockchains regardless of their protocols. Furthermore, being the parent company of KAIstarter, KardiaChain has the unique ability to transfer both assets and data without requiring changes on participating blockchains. This convenient synergy gives KAIstarter an undeniable edge over other blockchain platforms.

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