TFUEL digital currency project
The project aims to decentralize video streaming, data delivery and edge computing, making it more efficient, cost-effective and fair for industry participants.
The network operates on a native blockchain, with two native digital currencies, known as Theta (THETA) and Theta Fuel (TFUEL), fueling the internal economy.
Viewers are rewarded with a better quality streaming service, content creators improve their profits and intermediaries, video platforms, save money on building infrastructure and increase advertising and subscription revenues.
Users have an incentive to both watch network content and share network resources, with rewards coming in the form of the TFUEL digital currency.
The platform is open source, and TFUEL holders get governance powers.
Theta caters to developers looking to launch decentralized applications such as DeFi and NFTs on a smart contract platform.