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Revolutionary cryptocurrency Theta Network – how is it changing the media and entertainment industry?

Theta Network (THETA) is a cryptocurrency revolutionizing blockchain for media and entertainment. With a market capitalization of $1.32 billion, recent price movements show 1.5% loss and 2.8% gain against the dollar. Created in 2017, Theta offers two tokens: THETA for governance and TFUEL for operations. It aims to reduce costs and boost revenue for media platforms.

ai
16 October 2024 | 14:21

Theta Network (THETA) – a Cryptocurrency Transforming Blockchain Infrastructure for Media and Entertainment Industry

Theta Network (THETA) is a cryptocurrency that, in a 24-hour period ending at 7:00 AM ET on October 16th, lost 1.5% of its value against the dollar, but over the last seven days gained 2.8% against the same currency. The total market capitalization of Theta Network is currently $1.32 billion, with $31.21 million Theta Network exchanged on exchanges in the last day. One Theta Network coin can now be purchased for around $1.32 or 0.00001942 BTC on exchanges.

Similar Cryptocurrencies – Value Changes in the Last Day

  • Aidi Finance (BSC) (AIDI) – loss 2.2%
  • Zoo Token (ZOOT) – loss 2.2%
  • CareCoin (CARES) – loss 2.2%
  • Hokkaidu Inu (HOKK) – gain 1.2%
  • Jeff in Space (JEFF) – loss 2.2%
  • Lumi Credits (LUMI) – gain 8.9%
  • AXIA Coin (AXC) – loss 0.1%
  • MVP Coin (MVP) – gain 3.5%
  • P2P Solutions Foundation (P2PS) – gain 1%

Theta Network – A Revolutionary Project

Theta Network (THETA) was created on November 23, 2017, with the aim of changing the blockchain infrastructure for the media and entertainment industry. This project is based on two tokens: THETA and TFUEL. THETA serves as the governance token, while TFUEL is used for on-chain operations.

The official website of Theta Network is www.thetatoken.org. As part of the project’s development, a staking and burning system for TFUEL has been introduced to increase the utility of this token. The Theta Network infrastructure enables media platforms to reduce costs and generate additional revenue.

To acquire Theta Network, investors first need to purchase Bitcoin or Ethereum and then use them to buy Theta Network on one of the exchanges.