Theta Network is a decentralized network in which users share bandwidth and computing resources in a peer-to-peer (P2P) network, it was created for video streaming. A feature of the platform is the fact that for viewing network resources and sharing, a reward in the form of TFuel tokens follows.

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Theta Network

Theta Fuel (TFUEL) is one of two tokens on the network. It serves as a service token in the decentralized transmission of video and data, and also acts as a gas token. That is, it is used to ensure all operations in the Theta blockchain, such as payments to repeaters for sharing a video stream, deployment and interaction with smart contracts, as well as fees related to NTF transactions and DeFi applications.

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Theta Fuel

Film3 Summit Returns to L.A. Alongside Streaming Festival With Theta
► https://decrypt.co/202668/film3-summit-returns-la-alongside-streaming-festival-theta?utm_source=twitter&utm_medium=social&utm_campaign=auto… https://decrypt.co/202668/film3-summit-returns-la-alongside-streaming-festival-theta?utm_source=twitter&utm_medium=social&utm_campaign=auto…

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Get ready to experience the #METAFILM3FEST Web3 Theatre starting this Fri, Oct 27 at 9am PST!

Unlock tons of exclusive @Film3Squad content including 30 films + 8 fireside chats! Powered by @Theta_Network DRM technology.

https://t.co/eFuJHyARFt

Get ready to experience the #METAFILM3FEST Web3 Theatre starting this Fri, Oct 27 at 9am PST.