What does THETA token do?

THETA is the cryptocurrency powering the Theta Network and it can be staked by those wishing to become Validator or Guardian nodes. THETA allows nodes to validate transactions, produce blocks, vote on changes to the network and earn TFUEL as a reward .

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Is THETA an NFT?

What Is THETA? THETA describes itself as the next-generation video and entertainment blockchain. It includes an NFT marketplace and a fully open-source code available on Github. THETA features impressive partners for its enterprise validator nodes, including Google, Sony, Samsung, Binance, Blockchain, and more.

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Is THETA crypto a good investment?

With a 5-year investment, the revenue is expected to be around +535.55%. Based on a logical algorithm, THETA has short-term rallies and potential long-term advantages. The THETA price may reach the target of $5.7221 by the end of 2022. THETA sounds highly bullish as it has shown a reliable consistency .

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What is staking THETA?

In the context of Theta, staking is where you are rewarded for allowing some of your computer’s processing power to function as a node in the Theta network . To become a node on the network, holders of the native cryptocurrency token THETA must lock away a certain amount of their token holdings.

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