Theta Network is a blockchain platform that provides the infrastructure for decentralized content sharing and streaming. The network has attracted an impressive lineup of team members, validators, partners, and advisors. Quite a few of them are leaders from tech and media giants like Google, Samsung, SONY, YouTube, Twitch, etc.
The Theta Network is made of the Theta Blockchain and the Theta Edge Network. The former is a PoS blockchain that is EVM compatible. It is in charge of smart contracts, payment, and reward in the Theta Network. Meanwhile, the latter provides storage and delivers contents. This is where video viewing and livestreaming happen.
THETA is the native governance token of the network. People can stake THETA to run validator nodes and earn TFUEL, the operational token of the network, in return. TFUEL is used for payments on the Theta Network.
The supply of THETA is capped at 1 billion, and 100% total supply is in circulation.
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