6625 cryptocurrencies
Total Market Cap $2,411.05B
24h Total Volume $47.08B

Theta Fuel Theta Fuel star

$0.26
0.0035 (1.34%)

The Theta Network and protocol aim to solve various challenges the video streaming industry faces today. First, tokens on the Theta blockchain are used as an incentive to encourage individual users to share their redundant computing and bandwidth resources as caching or relay nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional content delivery pipelines, especially for high-resolution high bitrate 4k, and 8k. Second, with sufficient network density, the majority of viewers will pull streams from peering caching nodes, allowing video platforms to significantly reduce content delivery network (CDN) costs. More importantly, by introducing tokens as an end-user incentive mechanism the Theta Network allows video platforms to deepen viewer engagement, drive incremental revenues

Market share 0.06%
Proof type PoS
24h Open $0.26
24h Low $0.26
24h High $0.27
Price in BTC 0.00000621467584 BTC
Current Supply 5,383,270,400 TFUEL
Market cap $1,424,760,064
24h Volume (coin) 21,714,960 TFUEL
24h Volume (currency) $5,747,177
24h Total volume (coin) 35,399,828 TFUEL
24h Total volume (currency) $9.37M
Last updated 2021-09-25 18:19:06 +01:00 BST
Date Price Volume

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