Free-to-play games have been hitting the market at record pace lately, and while a number of them offer entertainment at a wide range of levels, there’s one in particular that’s got a ton of potential and promise; Mytheon. In the works for quite a while now, it looks like the Petroglyph folks are getting might close to a closed beta date.

Mytheon will be an online title that combines elements of action, strategy, and RPG game play, with a heavy focus on collectability and combat. As a free-to-play title, the game will be microtransactions supported, falling perfectly inline with True Games’ business model; an exclusive deal they signed back in August of 2008.

As the name suggests, Mytheon is heavily steeped in unique, ancient mythologies from around the world. Building upon players’ first supposition of Greek mythology, players start out their adventure by delving into the rich lore of ancient Greece. Future expansions are planned for further journeys through various different mythological pasts of assorted civilizations. As with many, if not all free-to-play/microtransaction supported titles, Mytheon will feature vast character customization options. Recognizing the need to keep players interested, the Petroglyph team is already focusing on ways to replay the game, while offering a unique experience each time. To accomplish this, Mytheon features a number of group, PVP and solo play options and varieties, each capped off with a fully featured, integrated social networking system.

And while the title is still in development, the folks at True Games are starting to warm up the plates, by encouraging the existing community to create their own fan sites, by way of a contest. The best Mytheon fan site creators will receive prizes and top honors, including closed beta access, and a $50 in-game currency credit to spend any way they choose. In addition, bragging rights also go a long way in online gaming, and the winning creator will have a link to his or her creation coming directly from the official Mytheon site. And if this wasn’t enough, the winner will also receive an exclusive interview with on the the Petroglyph developers.

“We can’t wait to see what our creative fans come up with for this contest and who can build the most compelling fan site,” said Peter Cesario, Director of New Business and Product Development at True Games Interactive. “Mytheon is such a unique game in itself that we think our community will have a lot of fun coming up with fun and interesting fan sites.”

True Games has now made the official fan site kit available for download via the official mytheon forums. Interested parties have until October 23rd to submit their entries, with winners being announced in early November.