Back in September 2021, the blockchain gaming world took notice when THG, the governance token of Thetan Arena, dropped as part of a major GameFi event on Binance Smart Chain. This wasn’t just another token giveaway. It was one of the first large-scale, structured airdrops tied directly to a live, playable game - not a whitepaper or a hype tweet. Players didn’t just sign up and wait. They had to engage. And that made all the difference.
What Was the BSC GameFi Expo?
The Binance Smart Chain GameFi Expo was a five-day event launched on September 20, 2021. It wasn’t run by a single company. It was a collaboration between Thetan World (the team behind Thetan Arena), Binance Smart Chain, and CoinMarketCap. The goal? To bring real attention to blockchain games that actually worked - not just theoretical ideas. Five projects were selected to each have a day of spotlight, with daily airdrops totaling over $100,000 in value. Thetan Arena kicked it off on Day 1.Each day, participants could claim tokens by completing simple tasks: connecting their wallet, following project socials, joining live streams, and sometimes playing a demo. The whole thing was hosted through CoinMarketCap’s platform, which gave it credibility. No sketchy third-party sites. No fake links. Just a trusted crypto hub doing the heavy lifting.
How Did the THG Airdrop Actually Work?
The THG airdrop wasn’t automatic. You didn’t just hold a wallet and get paid. You had to prove you were active in the ecosystem. Here’s what you needed to do:- Connect a Binance Smart Chain-compatible wallet (like MetaMask)
- Join the official Thetan Arena Telegram or Discord
- Watch the live stream on Binance Live during the expo’s opening day
- Complete a short survey on CoinMarketCap’s event page
That’s it. No deposit. No purchase. No risky smart contract interactions. The system was designed to be safe for newcomers. The tokens were distributed as BEP-20 tokens directly to your wallet within 7-10 days after the event ended. Over 200,000 participants joined, and THG tokens were sent to more than 45,000 unique wallets.
THG vs THC: What’s the Difference?
If you’re new to Thetan Arena, you’ll hear two tokens thrown around: THG and THC. They’re not the same. Confusing them is one of the biggest mistakes new players make.THC (Thetan Coin) is the in-game currency. You earn it by winning battles, completing quests, and entering tournaments. The more you play, the more THC you get. Your hero’s rarity and skin type directly affect how much you earn. A legendary hero with a mythical skin can earn up to 23.55 extra THC per win. That’s not a typo. That’s the game’s reward multiplier system in action.
THG (Thetan Gem) is the governance token. You can’t earn it by playing - not anymore. Back in 2021, you got it through the airdrop. Today, THG lets you vote on game updates, propose new features, and sometimes access exclusive NFT drops. It’s not meant for spending in-game. It’s meant for shaping the game’s future.
Think of it like this: THC is your paycheck. THG is your shareholder stake.
Why Binance Smart Chain Made All the Difference
Thetan Arena didn’t pick Ethereum. It didn’t pick Solana. It picked Binance Smart Chain - and for good reason.Transaction fees on Ethereum in 2021 were often over $50 just to play a single match. On BSC? Less than $0.01. That made the game accessible to players in Southeast Asia, Latin America, and Africa - regions where even $1 could be a barrier. BSC also had native integration with the Binance App, which meant users could watch live streams, claim tokens, and manage wallets without leaving the app.
The chain’s speed and low cost turned Thetan Arena into a true play-to-earn game. Players weren’t just gaming - they were building income. One player from the Philippines told CoinDesk in October 2021 that he was earning enough THC per week to cover his internet bill and buy food for his family. That’s not an outlier. It was the norm for thousands.
Security: Don’t Fall for Fake Contracts
With any airdrop, scams follow close behind. During the THG distribution, fake websites popped up claiming to be “official THG claim portals.” They looked real. They used Thetan Arena’s logo. They even had fake live chat support.The only safe way to interact with the game was through thetanarena.com. That’s the only site that hosted the real contract addresses for THG and THC. If you were asked to connect your wallet to any other site - even if it promised bonus tokens - it was a trap.
Always double-check the contract address. The official THG contract on BSC starts with 0x6... (exact address listed on the official site). Never copy-paste from a social media post. Never trust a link sent via DM. Scammers were already targeting players before the airdrop even ended.
What Happened After the Airdrop?
The BSC GameFi Expo didn’t stop after five days. In October 2021, it continued with three new projects: Radio Caca, ZOO Crypto World, and CryptoBay. CryptoBay even ran a leaderboard event with 200,000 PEARL tokens up for grabs. Thetan Arena kept growing. The player base doubled by the end of 2021. The team added new heroes, new maps, and a ranked battle system.THG tokens, once only available through the airdrop, started trading on decentralized exchanges like PancakeSwap. By early 2022, THG had a market cap of over $15 million. The game’s economy became self-sustaining. Players weren’t waiting for airdrops anymore - they were earning THC through gameplay, trading NFT heroes, and using THG to vote on new features.
Today, Thetan Arena still runs. The airdrop is long over. But the system it built - a real, working play-to-earn economy on BSC - remains one of the clearest examples of how blockchain gaming can actually work for real people.
Can You Still Get THG Tokens?
No. The official THG airdrop ended in September 2021. There are no active airdrops for THG as of January 2026. Any website or social media post claiming to offer “free THG tokens” is a scam.How do you get THG now? Only through trading on exchanges like PancakeSwap or by earning it indirectly through special events - like voting in governance polls that reward participants with small THG bonuses. But those are rare. Don’t expect handouts anymore. The game has moved on from giveaways to sustainable gameplay.
If you want to play today, focus on THC. Play matches. Complete quests. Upgrade your heroes. That’s how you earn. THG is now a tool for long-term stakeholders, not a free bonus for newcomers.
Why This Airdrop Still Matters
The THG airdrop wasn’t just about giving away tokens. It proved something bigger: that blockchain games could attract real users, not just speculators. It showed that a well-designed reward system - tied to actual gameplay, not just wallet connections - could build a loyal community.It also proved that Binance Smart Chain was ready for mainstream adoption. Low fees, fast transactions, and easy access through the Binance App made it the perfect home for a game like Thetan Arena. Other projects took note. The GameFi wave that followed in 2022 and 2023? It started here.
Today, if you’re looking at a new GameFi project, ask yourself: Is this just another airdrop trap? Or is it built like Thetan Arena - where earning comes from playing, not just signing up?
Was the THG airdrop only for Binance users?
No. While the event was promoted through Binance Live and the Binance App, you didn’t need a Binance account to participate. All you needed was a Binance Smart Chain-compatible wallet like MetaMask or Trust Wallet. The airdrop was open to anyone who completed the required steps on CoinMarketCap’s platform.
Can I still claim THG tokens from the 2021 airdrop?
No. The claim window closed in late September 2021. Tokens were distributed to eligible wallets by October 2021. Any site claiming to offer late claims is a scam. The official Thetan Arena website has never reopened the airdrop.
How do I check if I received THG tokens?
If you participated in the airdrop, check your wallet balance on BSCScan using the official THG contract address from thetanarena.com. Look for the token symbol THG and verify the contract address starts with 0x6... (exact address on official site). If you don’t see any THG, you were not eligible or missed the deadline.
Is Thetan Arena still active in 2026?
Yes. Thetan Arena is still operational as of early 2026. The game continues to update with new heroes, seasonal events, and ranked tournaments. The economy runs on THC earned through gameplay and THG used for governance. The airdrop was just the beginning.
Do I need to buy NFT heroes to earn THC?
No. You can start playing with free heroes offered during onboarding. However, your earning potential is much lower. Legendary heroes with mythical skins earn up to 23.55 extra THC per win. If you want to maximize earnings, upgrading your hero collection helps - but it’s not required to begin.
Can I trade THG for cash?
Yes. THG is listed on decentralized exchanges like PancakeSwap. You can swap it for BNB, USDT, or other tokens, then cash out through a centralized exchange. But remember: token prices fluctuate. What was worth $0.10 in 2021 may be worth less or more today. Always do your own research before trading.
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