Theta Fuel (TFUEL)

$ 0.052560000000000000

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Description

Theta Fuel (TFUEL) is a cryptocurrency coin and the native token of the Theta Network. It is a decentralized streaming network developed by the Silicon Valley based gaming media company, Sliver.tv and is dedicated to providing the world’s highest quality interactive live and on-demand video experiences. Theta Fuel is based on the Theta protocol, which is an open source blockchain protocol that enables users to share streaming media content while rewarding both viewers and broadcasters. It is designed to build a decentralized streaming platform and to reduce the cost of content delivery by incentivizing users who share their personal internet connections, hardware resources and content with the Theta network. The Theta Fuel token is used as a tool to incentivize users who share their resources and networks, and it is also used for transactions on the Theta network, such as for bandwidth payments, content purchases, and rewards. The Theta Fuel token was founded in 2019 by Mitch Liu and Jieyi Long. Theta Fuel is unique in that it offers the use of its own advanced features, such as micropayments for content, real-time global native support for multiple formats, and the ability to provide payments to viewers, broadcasters and providers. Additionally, its blockchain network encourages viewers to serve as validators, where they are incentivized to join long-term staking pools to increase the security of the network while allowing them to share in the rewards. Theta Fuel is already in use around the world to enable users to enjoy live streaming and on-demand video content. Major online gaming tournaments like League of Legends, Dota 2, and Counter Strike have started utilizing Theta Fuel to reward viewers and increase the viewing experience. Theta Fuel can be purchased and sold at various exchanges, including Binance, Huobi, and Coinone. Users can also purchase Theta Fuel using fiat currency or Ethereum. For those looking to mine Theta Fuel, it is available on most major mining pools.