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THETA & TFUEL: Could They Break New Highs?? 🤔



📲 Insider Information in my Socials 👉
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📺Important Movies📺

Earlier Theta Replace 👉
Uniswap Defined 👉
Livepeer on Filecoin & IPFS 👉
The Significance Of Tokenomics 👉

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– TIMESTAMPS –
0:00 Intro
2:26 Theta Recap
5:24 Theta 3.0
7:53 Theta Updates
10:52 THETA Worth Evaluation
13:03 TFUEL Worth Evaluation
14:51 Theta Dangers & Roadmap
17:34 Conclusion

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⛓️ 🔗 Helpful Hyperlinks 🔗 ⛓️

► Theta Explorer:
► Theta 3.0 Whitepaper:
► Theta Edgecast Overview & Obtain:
► Theta Token Minter:
► Theta Browser Pockets Extension:
► ThetaSwap:

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👨‍🏫Theta Recap👨‍🏫

Theta is a challenge by Theta Labs, a software program firm based mostly in San Francisco that focuses on decentralized video supply

In distinction to centralized supply networks which broadcast video content material from a centralized server, Theta makes use of a community of nodes to relay video content material to viewers

TFUEL is used to pay for any transaction charges on the Theta blockchain, and the THETA token is used for staking and can finally be used for governance

👩‍💻Theta 3.0👩‍💻

Theta 3.0 will make it doable for edge nodes to stake TFUEL and grow to be elite edge nodes that may earn further TFUEL

TFUEL staking rewards shall be distributed based mostly on community uptime and the quantity of TFUEL staked. As a cherry on high, 25% of all transaction charges made on Theta’s Edgecast community shall be burned

Since TFUEL is used to pay for these charges, it implies that TFUEL might theoretically grow to be a deflationary asset with sufficient transactions on the Theta Edgecast community

📰Theta Updates📰

In early December 2020, Theta enabled its good contract performance and launched the Theta browser extension pockets that makes it doable to work together with dApps constructed on Theta

In January this 12 months, Theta Labs launched video transcoding to the Theta Edge Community. This entails changing the format of a video stream in order that or not it’s considered on totally different gadgets

In March, Sony’s European arm turned a validator on the Theta blockchain, and Theta Labs additionally secured their second US patent

📈THETA Worth Evaluation📉

Theta not too long ago hit an all time excessive of 15 {dollars}, which is a 20x transfer from December’s value if you happen to had bought the highest, and a 200x transfer if you happen to had purchased Theta this time final 12 months

Apart from the much-anticipated launch of Theta 3.0, Bitcoin dominance has additionally been dropping over the past couple of weeks whereas the overall crypto market cap has continued to develop – cash into alts

Despite the fact that there might be extra shopping for stress for Theta from any enterprises eager to safe one of many remaining 16 validator node slots, Theta has probably seen most of its development for this market

📊TFUEL Worth Evaluation📊

TFUEL has gone up by a modest 30x since final fall and is up about 250x since this time final 12 months. Nonetheless, TFUEL’s market cap is lower than a fifth of Theta’s, that means it has much more room to develop

If Theta’s purpose of 100 thousand elite edge nodes is achieved, this may work out to 1 billion TFUEL staked, and that’s assuming all these elite edge nodes stake the minimal quantity

On condition that TFUEL’s complete provide is round 5.2 billion, a requirement of 1 billion TFUEL would do wonders for its value. Nonetheless, the delay of Theta 3.0 means we could not see this value motion till the summer time

⌛Theta Dangers & Roadmap⌛

Within the cryptocurrency area, Theta appears to be the undisputed chief in decentralized streaming and has even partnered with many up and coming decentralized streaming protocols comparable to Moviebloc

Exterior of the cryptocurrency area, Theta’s head of technique Wes Levitt not too long ago defined that enterprises wish to combine with Theta relatively than kill it

Wes highlighted an even bigger problem nonetheless, and that’s balancing the will of establishments and common customers in relation to the way forward for Theta

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📜 Disclaimer 📜

The knowledge contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who will not be a licensed monetary advisor or registered funding advisor. Buying and selling cryptocurrencies poses appreciable threat of loss. The speaker doesn’t assure any specific final result.

#Theta #tfuel #crypto #blockchain #streaming #content material

Source: Coin Bureau

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Editorial Staff

Editorial Staff

50 Responses

  2. Still any upside? Naaaa. It hasn't even truly been adopted yet, but Na, no upside, it can only go down from here….🤦🏽‍♂️. My biggest problem with crypto is everyone doesn't want to 2x they want to 100x. Greed will be their end

    Reply

  15. The 4H chart today brought me here, now I wish I knew Theta even just a month before. Thanks for this guy! I really appreciate your videos. 🙂

    Reply

  30. It would be amazing if Theta could put all of the big tech streaming out of business in one fell swoop. I would celebrate that immensely. If big tech didn't exist, there never would have been a pandemic, there never would have been global warming, there never would have been a coup attempt in the US, and we wouldn't have centralized tyranny now, all fake MSM and big tech driven mass delusions. There is no place for censorship in a free society.

    Reply

  32. Good morning Millionaires. #Elongate is the best performing and rising cryptocurrency in the coming weeks. Massive adoption soon with excellent tokenomics. A grade celebrities endorsement and millions in charity worldwide. You get rewarded a lot just for holding. A no brainer for newbies. Make your millions with this.Soon listing on as many exchanges as possible. Ride the plane before it takes off for 25X. Buy on Bitmart or pancakeswap

    Reply

  37. Theta is not performing well lately and i'm wondering if it might have to do something with Starlink. Could it be that Starlink will make Theta obsolete. I heard an interview just today where an expert said he expects Starlink to replace the need for internet service providers.

    Reply