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

Krypto Insider

RT @KryptoInsider1: On Dec.1, @Theta_Network will officially launch its "Metachain". In this thread🧵we will cover what #ThetaMetachain is,…

On Dec.1, @Theta_Network will officially launch its "Metachain". In this thread🧵we will cover what #ThetaMetachain is, how it works and what benefits it offers. We will also talk about some of the partners who have already announced that they want to create their own subchain. https://t.co/x6m5uQMXc0

RT @KryptoInsider1: On Dec. 1, @Theta_Network will officially launch its "Metachain".