Is THETA an NFT token?

THETA is more than an NFT marketplace . It also features a streaming platform that enables users to earn TFUEL tokens for watching content and participating in live streams on the platform. In addition, THETA features its TDROP token, enabling governance and providing further utility to the platform.

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What is THETA coin?

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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Who uses Theta coin?

Major companies like Sony and Creative Artists Agency are also backing Theta, as well as several venture capital firms. There are two types of tokens utilized on the Theta Network. The first is called TFUEL, which is how Theta pays people for extending their computer’s bandwidth into the network.16 May 2021

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