# One Pager

**TLDR:** The more $THX tokens you stake, the higher your membership tier and benefits. Get started today by visiting the [THX Membership App](https://app.thx.network) and locking at least $5 worth of $THX.

<figure><img src="https://1499671166-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fda0CPvFjFKQsHDL5o9xa%2Fuploads%2FE8NjsTWHicetpgDu9a3E%2Fapp.thx.network_.png?alt=media&#x26;token=0310e4d5-e628-4f35-abf7-0df9b701f94b" alt=""><figcaption><p>Visit the THX Network Membership App at <a href="https://app.thx.network">https://app.thx.network</a></p></figcaption></figure>

## **Become a THX Member**

By joining the $THX staking pool and locking a minimum of $5 worth of THX tokens (\~200 $THX), you immediately gain a THX Membership and enjoy the following benefits:

💰 **Earn 35% APR** on locked tokens.\
🎮 **Access exclusive quests and rewards** to enhance your gaming experience.\
🧭 **Earn rewards based on network activity** and quest participation.\
✅ **Vote in governance decisions** to influence network parameters and fees.\
🪂 **Maximize chances for exclusive rewards and airdrops** by locking THX tokens.

**Membership Tiers** 🏅&#x20;

Level up by locking more tokens to access higher tiers and additional benefits:

* **Rookie:** Lock \~$5 worth of THX
* **Pro:** Lock \~$50 worth of THX
* **Elite:** Lock \~$500 worth of THX
* **Master:** Lock \~$5,000 worth of THX
* **Legend:** Lock \~$50,000 worth of THX

Each tier unlocks more benefits to supercharge your gaming journey. Visit the [THX Membership App](https://app.thx.network/) to get started.

### **Getting Started**

1. **Acquire THX Tokens:** [Purchase THX tokens on Balancer](https://app.balancer.fi/#/polygon/pool/0xb204bf10bc3a5435017d3db247f56da601dfe08a0002000000000000000000fe) or [Quickswap](https://quickswap.exchange/#/swap/v3?currency0=0x0d500b1d8e8ef31e21c99d1db9a6444d3adf1270\&currency1=0x2934b36ca9a4b31e633c5be670c8c8b28b6aa015\&swapIndex=0) both on Polygon PoS.
2. **Join the Membership:** [Use the app to join](https://docs.thx.network/users/memberships-free) and start your journey in the THX Network ecosystem.

## **About THX Network**

THX Network integrates gratitude and rewards into gaming, boosting player retention and growth. Our platform is easy to integrate and supports seamless reward systems. Backed by global accelerator Techstars and a vibrant community, THX Network aims to revolutionize the gaming experience.

<figure><img src="https://1499671166-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fda0CPvFjFKQsHDL5o9xa%2Fuploads%2FUTxzPDSDw7OUKvrkd13Z%2FProduct%20Deck%20NL%20_%20THX%20Network.png?alt=media&#x26;token=78957c34-2a8e-4549-99fe-e6db7c19ea43" alt=""><figcaption><p>THX Network works with industry leaders such as Gala Games.</p></figcaption></figure>

### **Updated Tokenomics**

THX Network's recent update introduces a vote escrowed tokenomics model, aligning the interests of reward campaign owners, participants, and THX token holders. Key features include:

* **Governance Token (veTHX):** Grants voting rights and a say in the network’s future.
* **Protocol Fee Collection:** Fees are auto-compounded and claimable by token lockers.
* **$BAL Liquidity Rewards:** Additional rewards from providing liquidity.

This update enhances user experience and solidifies the network’s infrastructure, making it a comprehensive solution for rewards and engagement in gaming.

#### **Campaign Manager Fee Structure**

Campaign Manager Fees consist of a Subscription Fee (30%) and a Protocol Fee (70%), with the latter divided among THX token stakers (80%) and campaign participants (20%). This ensures a transparent and equitable distribution of costs and rewards.

<figure><img src="https://1499671166-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fda0CPvFjFKQsHDL5o9xa%2Fuploads%2F4z8StrtZC7E7EGxyZ9AZ%2Fimage.png?alt=media&#x26;token=fd54a0ea-e969-48e8-ada1-7a628a817948" alt=""><figcaption><p>Learn more about the updated tokenomics at <a href="https://medium.com/thxprotocol/revolutionizing-gaming-with-thx-networks-new-vote-escrowed-tokenomics-18ef24239e46">THX Network’s New Vote Escrowed Tokenomics</a> on Medium.com. </p></figcaption></figure>

### Detailed Tokenomics

For the inner workings of the $THX ecosystem, explore the following subjects:

* [Protocol](https://docs.thx.network/tokenomics/protocol)
* [$THX token details](https://docs.thx.network/tokenomics/usdthx)
* [$veTHX, staking and locking](https://docs.thx.network/tokenomics/locking-usdthx-to-usdvethx)
* [Distribution and issuance](https://docs.thx.network/tokenomics/token-distribution)

## Back-Story of THX Network

THX Network's co-founders, Peter and Mieszko, first met while working at Open Social, a company specializing in software for online communities. They identified a common problem: rewards like points and badges were only valuable on the platform where they were earned. For example, members of the BEN community, owned by T-Mobile, couldn't use their points for discounts on mobile plans due to technical constraints.

This challenge inspired the creation of a cross-platform rewards system using blockchain technology. By mid-2021, they had a working prototype and chose to focus on the gaming industry, which has a strong sense of community and a clear need for better rewards systems.

<figure><img src="https://1499671166-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fda0CPvFjFKQsHDL5o9xa%2Fuploads%2Foy1jeDLGLVyofNDhw9UI%2FPitch%20Deck%20Online%20Version%20v2%20-%20THX%20Network%20%20(3).png?alt=media&#x26;token=b92a4f8d-6868-4a83-bca4-1c9513b9ab30" alt=""><figcaption><p>THX Network co-founders, informal board and key community members.</p></figcaption></figure>

### **Milestones**

* **Early Product Market Fit (Feb 2024):** Despite challenges in fintech and crypto, new accounts surged, nearing 5,000 monthly active users (MAU). Shortly after, they peaked at over 10,000 MAU, now stabilizing around 7,500 MAU.
* **MVP v2, Safe Architecture (Aug 2023):** Upgraded the smart wallet design to Safe infrastructure, with nearly all users transitioning to the new system.
* **MVP, Techstars Support (Late 2022):** With Techstars' backing, THX Network focused on gaming rewards, attracting over 25 active domains and nearly 450 MAU by March 2023.
* **PMF Experiments, EU Grant (Late 2021/Early 2022):** Explored various market strategies, creating and securing smart contracts. Incorporated THX Network B.V. in The Netherlands in Nov 2021.
* **Proof-of-Concept, EU Grant (Early 2021):** Developed and tested the system with the United Nations Development Programme, successfully processing over 70,000 transactions for more than 3,000 users.
* **Concept/White Paper (Late 2020):** Initially aimed to create a system for community rewards with real-world value, inspired by the founders' work with organizations like Greenpeace and T-Mobile.

## Secured and Backed by the Best <a href="#bug-bounty" id="bug-bounty"></a>

### Bug Bounty <a href="#bug-bounty" id="bug-bounty"></a>

Balancer's bug bounty program is [among the largest in DeFi](https://immunefi.com/explore/?sort=reward%3Adesc) with a maximum payout of **1,000 ETH** for critical vulnerabilities. For more info of Balancer's Bug Bounty program, visit their [Immunefi page](https://immunefi.com/bounty/balancer/).

### Investors <a href="#bug-bounty" id="bug-bounty"></a>

THX Network is  backed by a strong set of global and international accelerators and investors.

<figure><picture><source srcset="https://1499671166-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fda0CPvFjFKQsHDL5o9xa%2Fuploads%2Fb3Kh7iRodJ05x5RNWGo0%2FTechstars_Logo_Primary_White.png?alt=media&#x26;token=bec3adf9-127b-40a3-bfc7-eba97555fc17" media="(prefers-color-scheme: dark)"><img src="https://1499671166-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fda0CPvFjFKQsHDL5o9xa%2Fuploads%2FoOYozPvu1jnQOZCiXjXW%2FTechstars_Logo_Primary_Black.png?alt=media&#x26;token=2c8578a5-c08c-4930-91d3-7972f89678cc" alt="" width="375"></picture><figcaption><p><strong>THX Network is backed by Techstars, one of the largest pre-seed investors in the world, 2022 cohort.</strong></p></figcaption></figure>

<figure><img src="https://1499671166-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2Fda0CPvFjFKQsHDL5o9xa%2Fuploads%2FgAS1kPCa85iaW7SVYrPr%2Fimage.png?alt=media&#x26;token=8f4faa5e-ca53-4d5b-93e3-4be39826d7e2" alt="" width="178"><figcaption><p><strong>THX Network has received funding from the European Union under agreement 82888 (Blockpool) and 824509 (Block.IS)</strong></p></figcaption></figure>
