What is Theta Fuel (TFUEL)?

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.

Who created Theta Fuel (TFUEL)?

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.

What is Theta Fuel (TFUEL) used for?

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.

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