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

Theta Network 2023 Hackathon

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Theta Hackathon 2023 had the most participants yet, and the winners are finally here! https://t.co/u6hqMxDQ1p

Congrats to all the winners, including the Grand Prize winner @fuelfoundryio for their Metachain/subchain deployment system, ChainSmith! Theta team thanks all the participants for an an amazing hackathon driving the Theta Ecosystem forward.

Theta Hackathon 2023 had the most participants yet, and the winners are finally here.