Crypto:
29757
Bitcoin:
$67.080
% 0.36
BTC Dominance:
%54.3
% 0.12
Market Cap:
$2.43 T
% 0.29
Fear & Greed:
73 / 100
Bitcoin:
$ 67.080
BTC Dominance:
% 54.3
Market Cap:
$2.43 T

What is Theta Fuel? (TFUEL Coin)

theta fuel

Theta Fuel (TFUEL) is a next-generation entertainment and video streaming platform inspired by the power of blockchain technology. TFUEL Coin is the native cryptocurrency of this network. Theta is built on a decentralized structure and operates on a system managed by the community.

What is Theta Fuel (TFUEL Coin)?

Theta Fuel (TFUEL) is known as a decentralized video streaming infrastructure that offers innovative services to its users. The project has the potential to rival YouTube, hosting millions of daily visitors and hundreds of thousands of content pieces. Investors have noticed Theta Fuel’s innovative solutions in the video sector.

TFUEL Coin is the native cryptocurrency used for transactions within the platform. Users can perform tasks such as providing video streaming with Theta Fuel, distributing smart contracts, or engaging in interactions using these transactions. Moreover, relay nodes earn Theta Fuel for each video stream they relay.

Theta aims to address quality issues prevalent in current live streaming platforms such as low quality, interruptions in live streams, and the inability to meet the demand for high-quality content. The Theta Fuel platform aims to surpass centralized structures and provide users with high-quality, uninterrupted broadcasts.

Theta Fuel Price and Supply: Theta Fuel Ecosystem:

The Theta Fuel ecosystem was initiated in 2017 by Mitch Liu and Jieyi Long. This duo brings extensive experience in industries like gaming and broadcasting and has presented a successful project to users.

The circulating supply of TFUEL coins is set at 6 billion, with a total supply of 5,994,818,849.0. TFUEL reached its highest ATH (All-Time High) on June 9, 2021, at the level of 0.6815 USD. The lowest ATL (All-Time Low) was recorded on March 13, 2020, at 0.0009080 USD.

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How does Theta Fuel work?

There are two different cryptocurrencies in the Theta blockchain: TFUEL token and THETA token. While TFUEL is used for transactions within the platform, THETA is related to the management of the THETA network. The Theta Fuel blockchain network is managed by thousands of guardian nodes, including major names like Google, Binance, various blockchain initiatives, and Samsung.

In conclusion TFUEL tokens are a cryptocurrency used on the Theta Fuel decentralized video and data distribution platform. Also TFUEL is used in payments made to content creators for sharing video streams, distribution of smart contracts, and payments to decentralized applications on the network. Therefore, it’s fair to say that TFUEL tokens play a critical role in the Theta network. TFUEL stands out as a token with versatile applications.

The Theta Fuel platform operates on an open-source code, allowing developers to contribute to the platform or benefit from this unique platform. Additionally, it’s important to note that the platform hosts various content types, ranging from esports to music, movies to remote education, creating a diverse landscape for users on the Theta Fuel network.

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