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

🌐 A massive shoutout to @Theta_Network for being our broadcasting partner. 

Through Theta, we bring the Crypties Awards to you, celebrating excellence in Web3. 

Save the date, December 20th 📅 and join us for this extraordinary night! #Crypties2023

Twitter

🚀 We are proud to power the 2023 @cryptiesawards event with Theta’s #Web3Theatre and Web3 video infrastructure 🏆📹! 

Tune in on December 20th to see who wins 👀 @DecryptStudios @Decryptmedia ⚡️

We are proud to power the 2023 @cryptiesawards event with Theta's #Web3Theatre and Web3 video infrastructure .