Axie Infinity faces stiff competition from Thetan Arena in play-to-earn ecosystem

Thetan Arena, a blockchain game that combines personal skills of the player with teamwork, has amassed over 7 million users since its launch in September 2021. The game is now competing with Axie Infinity. 

Thetan Arena competes with Axie Infinity to lead “play-to-earn” games

Thetan Arena, a metaverse “play-to-earn” game has amassed a large number of active users. The growing on-chain activity in the game’s ecosystem indicates that there is an increasing interest in metaverse tokens. 

Proponents consider Thetan Arena the next “Axie Infinity,” as the game offers players the opportunity to earn. The governance token, THG’s price is on an uptrend. After posting 43% gains overnight, the token’s are expected to continue their price rally. 

Thetan Arena’s price rally has been volatile over the past month, however the metaverse governance token’s market capitalization is a fraction of Axie Infinity’s $6.7 billion. 

Thetan Arena recently announced its roadmap for burn implementation in the governance token. The team revealed it through a tweet:

The game has informed users about the regular scans over activity made by players to identify actions violating the game’s rules. 

Thetan Arena has over 79,000 holders on the Binance Smart Chain against 116,801 Axie Infinity holders on Ronin, Ethereum and the Binance Smart Chain.