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

We're excited to share an update to the Theta roadmap, with major advances to come for Theta Metachain, Theta Video API, and Theta Edge Network! As releases approach, you'll see more technical details on how each contribute to our vision of decentralized media &amp; entertainment. https://t.co/FwMEUKlIyV