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Theta Fuel
$0.03666
0.91%
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About Theta Fuel
Theta Fuel (TFUEL) is a cryptocurrency powering the decentralized Theta Network for video delivery and streaming. Created by Theta Labs, TFUEL incentivizes users to share their resources on the network. It is used as rewards for validators, relayers, viewers, and for transaction fees and content purchases within the Theta Network ecosystem.
Theta Fuel (TFUEL) is a cryptocurrency that powers the Theta Network, a decentralized video delivery and streaming platform. It is used as an incentive mechanism for users to share their bandwidth and computational resources to support the network.
Theta Fuel (TFUEL) was created by Mitch Liu and Jieyi Long, who co-founded Theta Labs, the company behind the Theta Network. The project was launched in 2019 as an extension of the Theta Network ecosystem.
Theta Fuel (TFUEL) is used as a reward and incentive for users who share their bandwidth and computational resources on the Theta Network. Users can earn TFUEL by contributing to the network as validators, relayers, and viewers. TFUEL can also be used for transaction fees, content purchases, and other transactions within the Theta Network ecosystem.