What Is Theta Fuel (TFUEL) Coin?

Theta is a decentralized streaming network based on blockchain. Its users share bandwidth and computing resources.

The goal of this blockchain project is to remove barriers between content creators and consumers, make data delivery and video streaming processes decentralized, quick, and easy.

The project uses 2 tokens in its network, and Theta Fuel ( TFUEL ) is one of them.

How Theta Fuel Is Used?

  1. Payments to repeaters for joint use a video stream.
  2. Deployment and interaction with smart contracts.
  3. Fees associated with NTF transactions and DeFi apps.

What Problems Theta Fuel Solves?

  1. Low-quality videos. Modern content delivery networks (Akamai, AWS Cloudfront, etc.) lack reach. As a result, it causes video rebuffering, and people in different parts of the world have to wait for a long time to access the content.
  2. Users prefer watching high-quality content. Most people are looking for videos in 4k or 8k. However, it’s challenging because it’s more expensive to reach higher-quality streaming networks.
  3. Centralized and inefficient infrastructure. Due to centralization, video creators and streaming networks have fewer opportunities, and it results in lower revenues.

But thanks to Theta Network and Theta Fuel coins its users receive as rewards these issues can be solved.

Where To Keep TFUEL Crypto?

Moreover, you can use the Theta Wallet Extension that is a great choice to access your digital assets in the browser. It allows you to have multiple accounts, send TFUEL, stake to guardian nodes, and manage your TNT-20 tokens.

Theta Fuel Coin Prospects

The team is also going to release the second version of the Edgecast fully decentralized streaming dApps in the third quarter of 2021. And they will launch an advanced Smart contract developer platform at the end of the year.

A lot of third-party companies support Theta Network. For example, BitBoy , a popular crypto streamer, launched his Theta NFTs on ThetaDrop in May, and DHVC joined Theta Enterprise Validator and Governance Council in the middle of June 2021.

TFUEL Price Prediction

What Is Theta Fuel Coin Price Today?


How To Get TFUEL Coin?

How To Buy Theta Fuel Token?

  1. Choose the pair and the amount for your exchange. For example, BTC to TFUEL.
  2. Press the “Start exchange” button.
  3. Provide the recipient address to which the coins will be transferred.
  4. Move your cryptocurrency for the exchange.
  5. Receive your coins.

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Originally published at https://stealthex.io.

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