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

Theta 2023 Hackathon is now open for submissions! Welcome all teams working to build the next great dapps in Theta Ecosystem. Join now at https://t.co/nvdRFGIVFZ https://t.co/bduLG9LBrr

OpenTheta

FuseWars

Announcing Theta 2023 Hackathon! Building on past Theta hackathons that produced projects like @OpenTheta and @FuseWars, it features 4 tracks (Video, Metachain, NFTs, Gaming/Metaverse) and $250k+ in prizes. Submissions begin on 3/27 - learn more here! https://t.co/nvdRFGIVFZ https://t.co/tjZx5dPaxF

Twitter

Theta 2023 Hackathon is now open for submissions! Welcome all teams working to build the next great dapps in Theta Ecosystem. Join now at https://t.co/nvdRFGIVFZ https://t.co/bduLG9LBrr

Announcing Theta 2023 Hackathon! Building on past Theta hackathons that produced projects like @OpenTheta and @FuseWars, it features 4 tracks (Video, Metachain, NFTs, Gaming/Metaverse) and $250k+ in prizes. Submissions begin on 3/27 - learn more here! https://t.co/nvdRFGIVFZ https://t.co/tjZx5dPaxF

Theta 2023 Hackathon is now open for submissions. Welcome all teams working to build the next great dapps in Theta Ecosystem.