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.

THETA news today, Theta Network crypto latest news of coin ticker

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

The news it out! #RPLAY is officially #minting as we launch our subchain on @Theta_Network #METACHAIN! Changing the #streaming dynamic w/ #web3

Expect more news as we token-ize our ecosystem & round out the year!
🎉🎉🎉

Read more in @Cointelegraph!
https://cointelegraph.com/press-releases/replay-mints-rplay-token-to-track-video-launches-blockchain-on-theta-metachain…

Twitter

Replay has officially launched their subchain on Theta and issued the RPLAY token! Congrats @ImagineReplay team on a successful launch and we're looking forward to seeing transaction volumes grow along with your userbase!

https://t.co/2XnBgkrBj4

Replay has officially launched their subchain on Theta and issued the RPLAY token.