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  1. Home
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  3. Theta Fuel
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Table of Contents

  1. What is Theta Fuel Coin?
    1. Who Founded Theta Fuel?

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Theta Fuel

Table of Contents
  1. What is Theta Fuel Coin?
    1. Who Founded Theta Fuel?

What is Theta Fuel Coin?

Theta Fuel is one of two native cryptocurrencies of Theta Blockchain, a blockchain protocol that aims to create a decentralized video streaming platform where users can get paid for watching content while having full control over their content. Because of its unique use case Theta project gain the attention of many cryptocurrency investors in Korea when it received investment from the Big Tech Giant Samsung Group in 2017.

Real-time video streaming services like Twitch, Africa TV, and YouTube have two existing problems. First, inefficient centralization systems result in unfair revenue allocation policies. Second, low image quality results from bottlenecks in data transmission.

Therefore, the Theta project utilizes blockchain network technology to solve problems such as data bottlenecks and unfair profit distribution, which are the disadvantages of real-time streaming platforms. Users can share their computer resources in a P2P manner through the application of the Theta project and receive Theta Fuel in exchange for sharing.

As all the content management processes will be managed through blockchain technology and Smart Contracts so no one will be able to alter or modify the content and incentives price, so everyone will receive a fair amount for their services. Ultimately, Theta claims that using shared detector resources, we can save more than 70% of the cost of traditional streaming methods.

What is Theta Fuel

Who Founded Theta Fuel?

The developer of the Theta Fuel Coin is Mitch Liu. Mitch Liu is a Chinese-American who founded Theta Labs and serves as the CEO. Liu holds a bachelor’s degree in computer science from MIT and is known for understanding technologies related to video streaming services.

After the successful launch, Theta Fuel also made its streaming platform known as THETAatv public which ran E-Sport live streaming business in the United States. By watching content on THETAatv, users can also earn rewards in TFuel.

We Coin-Labs.com provides only objective information about Theta Fuel.
Therefore, we are not responsible for the investment decision in Theta Fuel and the resulting loss.

Theta Fuel Basics

Here are some factors that investors should consider before investing in Theta Fuel.

Cryptocurrency Features Theta Fuel (TFUEL)
Publisher or Developers Theta Labs
Headquarters (Registration Number) USA
Symbol TFUEL
Platform
Published Date (CMC Registration) 2019-03-28
Max Supply No limit

Reliability Score of Theta Fuel in 2023

These are indexes mesuring the investment reliability of Theta Fuel conducted by Coin-Labs.com.

Investment Reliability Rating Items Scores and Current Status
Company Activation Rate 4.5 / 10.0 CAR
Communication Rate 9.2 / 10.0 CR
Technology Transparency Rate 4.4 / 10.0 TTR
Development Participation Rate 7.7 / 10.0 DPR
Listing Status on the World's Top 10 Exchanges Listed on 3 Exchanges
Number of Available Pairs Worldwide 60 Pairs
Market Cap of the Cryptocurrency 305,522,800 USD (Rank #140)
Below Standard (Poor) / Partially Satisfied (Fair) / Satisfied (Good)

The table above shows the result of investment suitability evaluation for Theta Fuel.
Check out how we evaluate cryptocurrencies on the crypto rating description page.

Theta Fuel Price

Here are the price and recent trading volume of Theta Fuel. (Data of 2023-12-05 08:13:00)

Price Items Price and Trading Volume of Theta Fuel
Theta Fuel Price 0.048 USD
Price Change 24h -1.50%
Price Change 7d 13.77%
Trading Volume 24h 21,479,494 USD
Trading Volume Change 24h 21.53%

Cryptocurrency Metadata

You can check the development status and social media information of Theta Fuel through the links in the table below.

Metadata Source URL
🌎 Official Website https://www.thetatoken.org
📖 White Paper https://s3.us-east-2.amazonaws.com/assets.thetatoken.org/Theta-white-paper-latest.pdf?v=1553657855.509
🛰️ Source Code (GitHub) https://github.com/thetatoken/theta-protocol-ledger
🐦 Twitter https://twitter.com/Theta_Network
🤖 Reddit https://reddit.com/r/theta_network
🎺 Message Board https://medium.com/theta-network/theta-fuel-the-operational-token-of-the-theta-network-2f6823e2182e

Where to Buy Theta Fuel

Here are the top ten world crypto exchanges where traders can buy Theta Fuel in 2023.

Top10 Exchanges Listed Status Page URL
Binance Listedhttps://www.binance.com/en/trade/TFUEL_USDT
Coinbase Not listed
Kraken Not listed
KuCoin Listedhttps://www.kucoin.com/trade/TFUEL-USDT
Bitfinex Not listed
OKX Not listed
Huobi Not listed
Bitstamp Not listed
Bybit Not listed
Gate.io Listedhttps://www.gate.io/trade/TFUEL_USDT

Frequently Asked Questions

What is the current price of Theta Fuel?

Theta Fuel price today is 0.048 USD. Furthermore, the price of Theta Fuel has fluctuated by -1.50% from 24 hours ago, and by 13.77% from a week ago.

Where is Theta Fuel listed?

Currently, it is listed on a total of 3 among the world top 10 exchanges.

What is the market cap of Theta Fuel now?

Currently, Theta Fuel has a market cap of 305,522,800 USD, which is ranking 140 among cryptocurrencies worldwide.

How much is the trade volume of Theta Fuel?

Currently, 6,369,881,504 TFUEL coins are circulating through 60 market pairs. As a result, in the last 24 hours, 21,479,494 USD of TFUEL coins were traded in the market.

Last Updated: April 17, 2023

About the Author

Andrew Kim

Editor In Chief @Coin-Labs. Provides crypto information that anyone can understand most easily and quickly.

Last Updater

Sungwoon Jeon


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