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Theta is best envisioned as a decentralised video streaming platform that looks to eliminate many of the issues — primarily those related to High Quality data transmission, centralization, censorship — that are currently being faced by traditional platforms such as Youtube, Facebook. According to Securities.io, it achieves this by making use of a distributed network that consists of users all over the world who voluntarily provide the ecosystem with their excess computing resources in lieu of Theta Fuel (TFuel) tokens. Theta Fuel (TFuel) is the native cryptocurrency of the platform. It is given to users in lieu of their sharing of processing power/internet bandwidth, content creation efforts as well as for their viewership, i.e. users who watch videos on the Theta network stand to earn TFuel tokens.
Theta Fuel (TFUEL) is the 36th largest cryptocurrency in the world by market cap, valued at $1,886,178,774. The current price of Theta Fuel is $0.0777, which is -5.573% lower than yesterday. Prices have ranged between $0.082285 and $0.0757456 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 28, 2022 02:05 UTC.
| Coin symbol | TFUEL |
|---|---|
| Coin Marketcap | AUD$1,886,178,774 |
| Total TFUEL supply | 5,301,200,000 |
| Current price | AUD$0.0777 |
| All time high | AUD$1.33 |
| All time high date | June 09, 2021 |
| Notable team members | Mitch Liu, Jieyi Long |
| Partnerships | Samsung, Google Cloud |
| Industry | Video streaming |
| Token uses | Utility token |
| Network | Theta |
Historical prices compared with the price of $0.0777.
| 1 hour | 0.36% |
|---|---|
| 24 hours | -5.57% |
| 7 days | -13.50% |
| 14 days | -19.89% |
| 30 days | -63.66% |
|---|---|
| 60 days | -71.06% |
| 200 days | -85.68% |
| 1 year | -82.27% |
Disclaimer: Cryptocurrencies, including Theta Fuel, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of TFUEL is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Theta Fuel or any other cryptocurrency discussed.
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