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In an effort to spark the launch of a new game, Thales has organized a virtual fishing tournament running from March 27th to April 3rd, with participants able to mint various sets of armor depending on their skills and staked $THALES tokens.

Fishing Showdown to Celebrate Launch

The parimutuel markets protocol Thales has unveiled Miletus: a free play online game featuring an in-game chat, wearable non-fungible tokens (NFTs), new game mechanics, characters and quests.

To mark the launch, Thales is hosting a virtual fishing tournament in the metaverse. This competition began on March 27th, 4:30 PM UTC and will end on April 3rd, 4:30 PM UTC.

Each fishing attempt will be judged on three criteria: Strength (your ability to hit the “sweet” spot with your line), Reeling skill (your ability to stay within the AB range), and Rarity of the fish caught.

The Regular fisherman set will be available to all who participate in the launch fishing tournament. The top 20% contestants will be able to mint the Camouflage fisherman set at the end of the competition. The top 5% will be able to mint the luxury fisherman set.

Moreover, those who have staked $THALES on either Optimism or Arbitrum will be able to unlock the OG Armor.

Those who did not stake $THALES within the allotted time can still mint Bronze, Silver, or Gold armors depending on their volume generated in the Thales markets DApp or the Overtime markets DApp on Optimism or Arbitrum.

Thales has had a busy few months, expanding to Arbitrum in September and later to BNB Chain in November. Most recently the protocol rolled out gamified staking to Arbitrum.

As part of its gamified approach, Thales compensates stakers of THALES each week and incentivizes protocol usage at the same time. There are base and bonus rewards for every weekly staking epoch (which begins every Wednesday).

At the time of writing, Thales ($THALES) is trading at $0.7078, up 0.34% in 24 hours. It 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 for the creation of peer-to-peer parimutuel markets. The protocol states that it provides the foundation for a variety of on-chain initiatives, from gamified experiences to AMM-based positional markets.

Learn more about Thales:

Website | Twitter | Discord 

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