What does Theta and Tfuel do?

Theta Fuel, as the name suggests, is the fuel of the Theta Blockchain and is thus in part comparable to the “gas” on Ethereum or NEO. TFUEL serves as a means of payment for transactions, such as setting up caching nodes or interacting and creating smart contracts .25 Ara 2020

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Will Theta token go up?

THETA coin price predictions DigitalCoinPrice is a bit more cautious, offering a THETA price prediction for 2022 that says saying it should reach $3.82 at some point this year before hitting $4.39 next year and $5.72 in 2025, with the token’s price forecast to be around $13.44 in 2030.

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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 token used for?

Theta tokens are the governance token of the Theta network. They provide users with a host of functionalities. This token is what you use to stake as a Validator or Guardian node, to produce blocks, and to participate in the protocol’s governance . There are 1,000,000,000 Theta tokens in circulation at this time.2 Mar 2022

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