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In order to kick off the new game, Thales has organized a virtual fishing competition from March 27th to April 3rd, allowing participants to mint different sets of armor based on their skills and staked $THALES tokens.
Starting With a Fishing Competition
The parimutuel markets protocol Thales has released a free-to-play game, Miletus, with an in-game chat function, wearable NFTs, and new game mechanics, characters, and quests.
In order to kickstart the game, Thales launched a virtual fishing competition in the metaverse. The quest began on March 27, 4:30 PM UTC, and will end on April 3, 4:30 PM UTC.
Each fishing attempt will measure three factors: Strength (your ability to hit the “sweet” spot with your line), Reeling ability (your ability to stay within the AB range), and Rarity of the fish caught.
The Regular fisherman set will be available to everyone participating in the launch fishing quest. The top 20% finishers will be able to mint the Camouflage fisherman set at the end of the competition. Those who finish in the top 5% can mint the luxury fisherman set.
Furthermore, the protocol will allow those who have staked $THALES in either Optimism or Arbitrum to claim the OG Armor.
Those who did not stake $THALES within the given time can still mint Bronze, Silver, or Gold armors depending on their volume generated in either the Thales markets DApp or the Overtime markets DApp on Optimism or Arbitrum.
Thales expanded to Arbitrum last September and later to BNB Chain last November. Recently the protocol has also expanded its gamified staking to Arbitrum.
As part of its gamified approach, Thales rewards those who stake THALES each week and incentivizes protocol usage at the same time. There are base and bonus rewards for every weekly staking epoch (which starts every Wednesday).
Thales ($THALES) is trading at $0.7078, up 0.34% in 24 hours. The protocol has a market cap of $26.411 million and a total volume locked (TVL) of $10.72 million.
What is Thales:
Thales is a decentralized finance protocol based on Ethereum Optimism, Polygon and Arbitrum that allows peer-to-peer parimutuel markets to be created. According to the protocol, it forms the basis for a variety of on-chain initiatives, from gamification to AMM-based positional markets.
Learn more about Thales:
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