Theta Fuel heats up with 77% price increase

The coin has seen a 77% price increase in the last seven days.

Theta Fuel (TFUEL) works as an operational token for the Theta Network. The coin has seen strong price performance recently, with gains over the year to date resulting in 4,566% profit for the investors who invested a year ago.

The Theta Network was built as a video sharing platform, similar to YouTube, but users are rewarded in TFUEL for sharing video streams or using smart contracts.

The operators of the network are known as relayers. Relayers are also rewarded with TFUEL for each video they provide on the network for other users to watch. TFUEL can therefore be seen as the” gas ” behind the Theta Network.

Where can you buy Theta Fuel?


Sign up now with CedarFX


Binance has grown exponentially since it was founded in 2017 and is now one of, if not the largest cryptocurrency exchanges on the market.

Sign up now with Binance

What makes Theta Fuel a potentially hot buy right now?

With the rising popularity of video sharing platforms over the past 10-15 years, there has been a constant effort by video hosting platforms to find new revenue streams for monetizing their platforms.

The Theta Network may offer a solution to this by providing incentives for users to host videos with guaranteed revenue that advertisers cannot always provide.

Steven Chen, one of the co-founders of YouTube, is a consultant on the project. He has the following to say about the potential of theta:

“Theta’s innovation will transform today’s online video industry in much the same way that the YouTube platform did for traditional video in 2005. One of the biggest challenges has been the high cost of delivering video to different parts of the world, and this problem is only getting bigger with HD, 4K and higher quality video streams.“

Read More

The Top 5 NFT Projects in 2022 According to Experts

You've probably heard a lot about NFT artworks fetching millions of dollars. If this is the case, you'll probably want to get involved and...

Legends of Bezogia Reveals Sustainable Play2Earn Mechanics By Publishing Breakthrough Whitepaper

ZOGI Labs Ltd. reveals shocking whitepaper detailing next-level blockchain gaming mechanics never seen before in the industry. Eliminating core industry issues like token inflation,...

Lyfe, the first music artist to debut its own Metaverse

Miami-based entrepreneur Antonio Trincao, a.k.a. Lyfe, has unveiled the imminent release of his music album and the most innovative entertainment experiences and concerts in...

Inaugural ZENCON a resounding success

Over 200 participants and attendees of the 68-Hour-Hackathon produced 24 projects across 5 categories on the newly introduced ZENIQ Smartchain. Conference to return next...

Gulf Xellence announces the most exciting and largest CRYPTO FEST 2022 to be held on 19th – 20th October in Dubai,UAE

Witness the world of possibilities under one roof – attend CryptoFest 2022. CryptoFest 2022 is a preeminent festival of Blockchain, Cryptocurrencies, NFTs, the Metaverse, Web...