What is Theta Token (THETA)? | Theta Coin Explained in Under 60 Seconds

The Theta Network (THETA) is a blockchain powered video delivery network that allows users to watch video content and earn token rewards. The Theta Token (THETA) powers the Theta protocol. Used for staking, block production and governance of the Theta Network.

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Users can stake THETA to earn Theta Fuel (TFUEL), which is the operational token used as payment for video relaying & deploying smart contracts.

The Theta Blockchain is a purpose-built blockchain designed specifically for video and data relaying. Video platforms and content providers can build specialized decentralized apps (dAPPS) for their audience.

The Theta platform has multiple content verticals, including esports, music, tv, movies and peer-to-peer live streaming.

Smart contracts open up a whole new set of user experiences and new attribution models for DApps built on the Theta network.

The Theta Edge Network is a fully decentralized network for data delivery and more generally edge computing. The Theta Edge Network is made of Theta community members that host the Theta Edge Nodes.

WEBSITES: https://www.thetatoken.org/