Theta Fuel News
Reddit
- Theta Network AMA - May 2024 May 18, 2024submitted by /u/reddtheta [link] [comments]/u/reddtheta
- AMA replay? May 15, 2024I just got home and tried to watch the AMA but it's already over. Are there links anywhere for a replay? submitted by /u/jchesticals [link] [comments]/u/jchesticals
- PSA:Dealing with scammers who message you/protecting the reddit community May 14, 2024Scammers are jerks, and they message people in our subreddit trying to steal your Theta and Tfuel. The first line of defense is to block all incoming messages. The second line of defense is to just not respond to them. What else can we do to keep our community safe? As mentioned by another […]/u/UXResearch2019
- Predictions for theta? May 13, 2024I honestly don't know what to do with my theta to be honest. I expected it to go higher two months ago, held on and half regretting not selling some now. Anyone have any ideas of what might boost the price? All the recent news did not do much for the price... Bitcoin is still […]/u/Pearl1506
- anyone following lavita? May 13, 2024I have accumulated a bunch, staking from my theta wallet. Honestly i know little about lavita, and see very little news. Does anyone here have insight or a news source to tell me what lavita is doing going forward. So far looks like the main goal is to provide like 40% staking rewards with little […]/u/jimham162
- Theta and Ledger blind signing going offline May 13, 2024Hey all! i have been trying to keep up with things, but can’t find anything about Theta and Ledger resolved the issue with blind signing going offline at the end of this month. any feedback would be appreciated. submitted by /u/HuntyBunty1985 [link] [comments]/u/HuntyBunty1985
- New Theta Grove Token is now stakeable! Highly recommend checking out the project May 11, 2024https://x.com/grovewars/status/1789127210340909211?s=42&t=NqkIZSTZO_HAlcYwThxWEQ submitted by /u/MrCrow099 [link] [comments]/u/MrCrow099
- Lavita Airdrop Today! May 11, 2024I got mine! submitted by /u/FredManDrake2 [link] [comments]/u/FredManDrake2
- POGS - Theta May 10, 2024Does anyone know how long the cool down period is to unstake your POGS coins on the theta blockchain? submitted by /u/kbootsyb11 [link] [comments]/u/kbootsyb11
- THETA EDGE CLOUD 101: Beginners Guide #theta May 9, 2024submitted by /u/cscryptoc0nsult [link] [comments]/u/cscryptoc0nsult
What Is Theta Fuel ?
Theta Fuel (TFUEL) is the operational token of the Theta protocol and it powers the on-chain operations like payment of streaming videos and interaction or deployment of smart contracts. Users known as “Relayers” earn TFUEL for streaming videos and they relay to other users on the network. Theta Fuel (TFUEL) is known to be the “gas” of the Theta protocol and the native token of the Theta blockchain. Theta Fuel is the second token in the Theta blockchain network that operates in conjunction with the Theta Token (THETA).
Theta protocol was set-up to address the poor quality, sky rocketing data needs, centralized and inefficient system. These are the shortfalls of live video streaming of today. With the introduction of Theta protocol, Viewers can be rewarded with Theta Fuel, there is a reduced cost of delivering stream videos and viewers get higher quality and smoother video streaming.
Features of Theta Fuel (TFUEL)
- Theta Fuel (TFUEL) operates in an open-source network & protocol.
- Theta Fuel (TFUEL) is accessible for all developers and partners to build on the Theta network.
- Theta Fuel (TFUEL) is a Decentralized App.
- Theta Fuel (TFUEL) enables video platforms and content providers to build specialized Dapps for their audience.
- Multiple content verticals from music, e-sports, movies and TVs, to distance learning and peer-to-peer live streaming. It powers the next generation entertainment.
Team of Theta Fuel (TFUEL)
Theta Fuel (TFUEL)’s team is made up of dedicated individuals, who are passionate to go extra mile in ensuring that, Theta Fuel (TFUEL) becomes a success story. The team is led by Mitch Liu – the cofounder and CEO. Mitch Liu has MBA from Stanford Graduate School of Business and he’s the co-founder of THETA.tv, Tapjoy and Game-view Studios.
Other members of the team include:
Jieyi Long: Cofounder / CTO, he holds PhD in Computer Engineering, Northwestern University and has developed multiple patented technologies including VR live streaming, instant replays for video games etc.
Ryan Nichols : he is the Chief Product Officer
Ribao Wei: he is the Principal Engineer
Qinwei Gong: he is the Platform Architect
Jing Xu: he is the Blockchain Engineer
Zhenyang Tang: he is the Blockchain Explorer Engineer
Wes Levitt: he is the Head of Strategy
Rene Garcia: he is the Platform Engineer
Kyle Laffey: he is the Head of Partnerships
Vera Chen: she is the Visual designer
Jerry Kowal: he is the Head of Content
Jayne Kim: he is the General Manager – Asia
And many others.
Use Cases of Theta Fuel (TFUEL)
- Theta Fuel (TFUEL) is used for payment of video streaming.
- Theta Fuel (TFUEL) is used for trading in most exchanges.
- Its platform s used for data management.
- Most transactions across Theta Fuel network are powered by Theta Fuel (TFUEL).
- It powers the next generation entertainment.
Mining of Theta Fuel (TFUEL)
Theta Token (THETA) can be mined through staking. It can be staked as a Validator, contributing to block creation and the protocol governance of the Theta Network. By staking and running a node, users earn certain amount of the new TFUEL generated.
Users can purchase Theta Token (THETA) tokens from any dealer exchange.
Notes for Investors
It has been a progressive journey for Theta Fuel (TFUEL) in the cryptocurrency space, both in project and value; having being in the steady rise since the beginning of this year, 2020. Pundits believe, Theta Fuel (TFUEL) will be a success story, as more people know about its blockchain technology.
Theta Fuel (TFUEL) is presently trading at a unit price of $0.009601 USD, the market cap stands at a value of $47,645,069 USD and the circulating supply is 4,962,631,792 TFUEL. It’s presently ranks 141st in the cryptocurrency market, showing an upward movement of +0.17%.
Theta Fuel (TFUEL) will never be considered a bad investment option when considering the above statistics.
Quick Disclaimer:
This report is not in anyway, recommending Theta Fuel (TFUEL) for investment. The crypto market is presently unstable and unpredictable. Please, consider this publication informational, just to educate the public.