Learn about what is Theta Fuel, the team and technology behind it, how to buy Theta Fuel, Theta Fuel price history and Theta Fuel price prediction 2023 to 2025.
The finance system is decentralised, the currency is decentralised, most of the markets are decentralised, so why not video streaming? Theta Fuel has applied blockchain systems to Video streaming. No more buffering, poor quality issues or streaming difficulties while watching videos. The new generation of video decentralisation is here.
The concept of this crypto based video streaming using the blockchain system is a new concept in the sphere but it is surely an exciting one. The fabric of our daily lives include watching videos and while the entire financial system is being revolutionised, Theta Labs has made it their mission to radically change video streaming too.
And recently in December 2022, Theta launched Metachain, which is nothing but Mainnet 4.0.
Let’s dive in to see a brief about this new change in the crypto sphere.
| Website | thetatoken.org |
| Token Ticker | TFUEL |
| Total Supply | 6,301,480,325 TFUEL |
| Current Supply | 6,301,480,325 TFUEL |
| Founder | Mitch Liu and Jieyi Long |
| Release date | 2017 |
| Current rank | #147 |
What is Theta Network?
Theta is a project by Theta Labs, a San Francisco based company. It was created in 2017 that encourages consistent and high resolution decentralised peer-to-peer video streaming. The Theta Network is a blockchain-based network for content creators. It is not a video streaming platform, rather a modified version of the Content Delivery Network (CDN).
Theta TV is capable of streaming videos in 4K and 8K resolutions with almost no buffering. The platform follows an encouragement system where the users are incentivised to share their bandwidth. Theta uses this bandwidth to share the video data with other users and viewers.
The Theta network was not developed as a competitor against Youtube, Netflix, Amazon prime, etc. It was designed to help the video-streaming apps to cut costs and reduce the middleman in the industry. With Theta, it is now possible for content creators, content publishers, advertisers and viewers to get a fortune out of the decentralised content delivery network.
The Theta blockchain has two native cryptocurrency :
- Theta coin (THETA) : The coin is used for staking
- Theta Fuel (TFUEL) : The crypto is used for trading and executing transactions
In this article, we will explore the Theta Fuel and analyse its prices
Theta Fuel (TFUEL) : The Native token
Theta Fuel is an ERC20 token which is also the operational token of the Theta network. This token will work alongside the Theta Coin and help in the functioning of the platform. Theta fuel is primarily used for executing transactions on the Theta platform. It can be traded and is also an independent cryptocurrency that is listed on exchanges.
The Theta fuel is a utility token that was launched on March 15th 2019. The operational token aids in data delivery for decentralized videos. Theta fuel also powers on-chain operations including payments to relayers for sharing a video stream or interacting with smart contracts. That’s why it is also related to Ethereum’s Gas token.
According to Mitch Lu, the founder of Theta Labs, “At its core, Theta is enabling users to share their idle bandwidth and computing resources to mine Theta tokens and in turn cache and relay video streams to others in the network.”
Theta Fuel is the active token of the Theta network. The token is in charge of the Theta platform and is responsible for major operations on the network. Theta can also be used to pay for minting and moving of fungible as well as non-fungible assets. It is basically the useful token on the Theta platform.
Theta is a pre-mined token. It is important to know the distribution of the token in order to understand the governance and potential sale. The token is distributed as follows :
- Private Sale : 30% of the tokens at $0.0067 USD per token
- Team : 7.49% of the tokens
- Advisors : 1.23% of the tokens
- Partners : 12.5% of the tokens
- Seed round : 12.5% of the tokens
- Lab reserves : 36.28% of the tokens
Technology behind the Theta Network
The Theta blockchain is secured by a Proof-of-Stake mechanism. The proof-of-stake consensus facilitates higher transactions as compared to proof-of-work mechanism. The PoS mechanism also makes it possible to have different devices acting as viewers and caching nodes.
It has added a multi level Byzantine Fault Tolerance (BFT) consensus mechanism on its blockchain in order to achieve superior security. TFUEL was created from Theta Token and was designed to run parallely with THETA.
Theta has also developed a Resource Oriented Micropayment Pool to solve the scalability issues and allow the user to create an off-chain micropayment pool. It is very essential for any blockchain system to fix their scalability concerns and offer valid flexibility. The users can hence use multiple nodes with only one on-chain transaction.
Theta uses Proof-of-Engagement to track the delivery of video segments. It proves that viewers have actually watched a live video. It creates a reliable and trustworthy method for the advertisers as well as the users to track their video engagement. This ensures transparency and becomes a way of earning TFUEL.
The Theta network also introduced “Guardian Node” at the time of launch to ensure that no entity controls or has a hold over the majority of Theta Tokens.The 12 Vliadator nodes and 395 Guardian nodes play an essential role in ensuring the fast rate of transaction. This helps theta achieve a transaction throughput of 1000+ TPS.
The network uses Smart Streaming contracts in order to distribute and collect rewards. These contracts are helpful for advertisers, viewers, streamers, video content creators, and cachers. It was originally designed to be used by validators. These Smart Streaming contracts will also avail staking and burning.
Theta uses “Gossip” as part of the technology. Instead of one node sharing all the information, Theta relies on different nodes spreading the information.
How to earn TFUEL?
TFUEL can be earned by the users on the platform :
- Viewers get TFUEL for watching video content
- Register on Theta,tv to earn the tokens
- Content creators can earn the token through their contributions
- Provide bandwidth to the network by running a cache node
- Become a stakeholder
How to buy TFUEL?
Anyone can buy TFUEL using debit card, credit card and even PayPal. One can buy TFUEL from Binance, Upbit, WazirX, Gate.io, etc.
The Theta fuel coin is just being introduced in the market but it is soon expected to be a boom.
| BUY TFUEL ON | Register |
| Binance | Sign Up Here |
| WazirX | Sign Up Here |
| Gate.io | Sign Up Here |
| Coinone | Sign Up Here |
| Upbit | Sign Up Here |
How to buy TFUEL at Binance?
Binance is surely the world’s largest and the best cryptocurrency exchange. Let us have a look at how you can buy TFUEL at Binance :
- Sign up on Binance if you haven’t already.
- Visit the official website of Binance or download the app
- Enter your email id and create a password
- Verify your email id through a verification mail
- Set up 2 Factor Authentication for exclusive security
- Complete your KYC verification (optional but necessary)
- Add your bank account by filling in your details
- Fund in your account with INR or Crypto like BTC or ETH
- Go to the “Exchange” tab and search for trading pairs of TFUEL
- Choose the amount of Crypto you want to buy or the amount of money you want to invest.
- Click the ‘buy” option.
You will have TFUEL in your Binance wallet very soon
Theta Fuel Founder (Team and Partners)
Theta Fuel (TFUEL) is the native token of the Theta network. It was co-founded by Mitchu Liu and Jieyi Long. Theta initially started as a project called Silver.tv. It was a live streaming platform for eSports. All the founders have a strong background in digital media and online gaming.
Mitch Liu is the co-founder and CEO of Theta Network. He is the co-founder of Theta.tv, Gameview Studios and Tapjoy. He holds a bachelor degree in computer science and engineering from MIT, and has completed his Master in Business Administration from Stanford Graduate School in Business. He is also the creator of Tap Fish, one of the first free-to-play mobile games. It holds four patents in the video streaming, and blockchain space.
Jieyi Long is the co-founder and the Chief Technical Officer (CTO) of Theta Labs. He is also the Cofounder of THETA.tv. Long was the founder of MadSkill Game Studios as well. Before Theta, he has previously worked as an R&D engineer at Synopsys, technical staff at Magma Design Automation and a research assistant at Northwestern University. Jieyi has a bachelor degree in Microelectronics and a PhD in Computer Engineering.
Ryan Nichols is the Chief Product Officer (CPO) of Theta Labs as well as Theta.tv. He is also one of the founding members of Theta. He is the co-founder and Product designer of Nom Labs Inc. Before Theta, he has experience as a UI Director at Tencent, App developer and designer at Living Earth HD, VP of Product Management at Mochi Media and the founder of Funderoo.com and Apples to Oranges LLC.
The Advisory Board is composed of some big names including Justin Kan, the co-founder of Twitch and Steve Chan, the co-founder of Youtube.
Theta Labs was owned by Silver and Sliver received 17 million USD funding from Silicon Valley VCs including global giants Sony and Samsung. It is also partnered with Steam and with the decentralized cloud computing blockchain Aelf.
Why was TFUEL introduced?
TFUEL is the operational token of the Theta Network. It powers operations like payments to relayers. It also acts as the “gas” token.
Theta Fuel was introduced as the utility token. While THETA was used strictly for staking and securing the network, TFUEL is used to carry on micro transactions and operations. The staking decreases the circulating supply of the tokens, so the other native token facilitates high liquidity that can carry millions of daily transactions. Hence, the TFUEL token was created to balance the ecosystem of Theta network.
The governance issues need to be solved and it surely couldn’t be done by just one token which is used by staking. So, TFUEL is used to maintain the scalability and flexibility issue on the blockchain system. And two different tokens make it easy to differentiate the functions and also protect Theta against security threats. The risk of a single network acquiring loads of tokens is also diminished.
The users who have earned TFUEL as a reward can use it in the following ways :
- Participating in games
- Donation to favourite streamers
- Buy gifts
- Sell it against fiat currencies
- Sell advertising space to advertisers
- Enjoy uninterrupted streaming
- Pay for transactions on the platform
THETA Mainnet 3.0
Theta Mainnet 3.0 launched on June 30th. It introduced TFUEL staking and burning among other changes. It is also focussed on adding more Edge Nodes to the EdgeCast. Nodes staking Theta Fuel will then become Elite Edge Nodes, which earn more Theta Fuel than regular Edge Nodes. Theta is doing this with the motive to incentivize more users to become nodes. The 3.0 version will increase the Theta Fuel to around 2 to 4 % inflation. The 3.0 version will also burn 25% of TFUEL payment.
THETA Mainnet 4.0
Theta recently launched Mainnet 4.0 on 1st December 2022. This upgrade to Theta blockchain will provide the necessary high transaction throughput, customization, and reliability that leading Media and Entertainment enterprises need in order to get their millions of users onchain.
TFUEL Price History
Theta Price in 2019: Theta Fuel was launched on March 28 2019 with an initial price of $0.016. It was surely an alien concept but the backup by Silver helped it grow initially and the prices reached to $0.0222 on May 25th 2019. The prices did not hike up during the year. The exposure to blockchain based video-streaming was surely new to the market. It kept falling down and reached $0.009 in July. By the dawn of July, the prices were down to $0.007. It was as low as $0.004 in August and by the end of the year the price of TFUEL was $0.002.
Theta Price in 2020: 2020 also did not prove to be a great year for TFUEL. It started as $0.002 in January and saw a little hike in February when it reached $0.005 on February 13th. But, then the prices fell suddenly and dropped down to $0.001 in March and it stayed that way until April. The TFUEL prices hiked in May and were recorded as $0.009 on May 23rd. The prices further raised and reached $0.01 by the end of May. it stayed between $0.008-$0.01 throughout the year. A sudden hike was seen by the end of December when the prices reached $0.03.
Theta Price in 2021: 2021 has been exceptional for the TFUEL. The prices were at $0.02 in January. It hiked up in February and reached $0.09 by the end of it. The prices kept soaring and reached $0.48 on May 23rd 2021. The prices further saw a downward trend June 09 but the analysts are bullish on the increasing prices. TFUEL reached its all time high $0.6807 on June 09, 2021. The prices further fell down and then it ended the year at 0.18USD.
Theta Price in 2022: Like any other cryptocurrencies, 2022 was bearish for TFuel. Started at 0.18USD, it closed the year at 0.031USD, down by almost 83%.
TFuel Price Chart 2023
Theta Fuel Price Today
TFUEL Price Prediction 2023
The constant fluctuations has got people confused about the prices of TFUEL but this is an attempt to make a wild guess about the upcoming prices of this new and extraordinary project. Maximum and minimum price prediction for Tfuel in 2023 is 0.109USD and 0.041USD respectively. TFuel price prediction for April 2023 suggest it could trade in the range of 0.066 to 0.047USD.
| When | Maximum Price | Minimum Price |
| October 2023 | 0.043 | 0.030 |
| November 2023 | 0.055 | 0.035 |
| December 2023 | 0.058 | 0.038 |
TFUEL Price Prediction 2024
| Theta Fuel Price Prediction 2024 | Maximum Price | Minimum Price |
| January 2024 | 0.07223 | 0.04423 |
| February 2024 | 0.07632 | 0.04664 |
| March 2024 | 0.08064 | 0.04928 |
| April 2024 | 0.08556 | 0.05232 |
| May 2024 | 0.09082 | 0.05565 |
| June 2024 | 0.09650 | 0.05933 |
| July 2024 | 0.10263 | 0.06338 |
| August 2024 | 0.10925 | 0.06781 |
| September 2024 | 0.11641 | 0.07263 |
| October 2024 | 0.12417 | 0.07787 |
| November 2024 | 0.13258 | 0.08356 |
| December 2024 | 0.14174 | 0.8974 |
Maximum Price prediction for TFuel in 2024 is 0.14174USD and minimum price prediction is 0.044USD.
TFUEL Price Prediction 2025
| TFuel Price Forecast 2025 | Maximum Price | Minimum Price |
| January 2025 | 0.233 | 0.189 |
| February 2025 | 0.264 | 0.215 |
| March 2025 | 0.338 | 0.282 |
| April 2025 | 0.379 | 0.316 |
| May 2025 | 0.445 | 0.371 |
| June 2025 | 0.535 | 0.445 |
| July 2025 | 0.465 | 0.387 |
| August 2025 | 0.523 | 0.435 |
| September 2025 | 0.601 | 0.501 |
| October 2025 | 0.523 | 0.435 |
| November 2025 | 0.648 | 0.54 |
| December 2025 | 0.823 | 0.686 |
Maximum TFuel Price Prediction 2025: 0.823USD.
Minimum TFuel Price Prediction 2025: 0.189USD.
TFUEL Price Prediction 2026 to 2030
| When | Max Price | Min Price |
| 2026 | 1.646 | 0.465 |
| 2027 | 1.097 | 0.31 |
| 2028 | 1.317 | 0.372 |
| 2029 | 1.975 | 0.559 |
| 2030 | 3.357 | 0.95 |
DISCLAIMER : The TFuel price prediction 2023 to 2030 is based on the previous data and are only a wild guess. Please do not consider this as financial advice. DYOR before investing.
TFUEL Price Prediction: FAQs
How much Theta Fuel be worth by 2030?
Theta Fuel is expected to priced above 3.357 USD by 2030
How much Theta Fuel be worth in next 5 years?
We are expecting ThetaFuel to reach 1.317 in next 5 years.
Will TFuel ever reach 100 USD?
TFuel could do a 100 USD after 2040.
Is TFUEL worth investing in 2023?
Theta is a good platform and it is developed for practical use. And after a full bear year of bear, TFuel is soon expected to witness a boom in 2023. The huge and increasing demand for video streaming also paves the way for a successful network. And with Theta’s development, it might be the go-to blockchain based streaming platform very soon.
The platform is backed up by a solid team and powerful partners. The announcement of Silver.Tv entering a partnership with NASA has also played a major role in the Theta ecosystem. The idea is new in the crypto sphere and it has seen a massive increase in its prices in the current year.
Theta does offer quite a bit of fantasy and it is reflected on the prices very clearly. But one cannot forget that it is a crypto and with cryptocurrency comes risk. So even though the crypto bulls might be bullish for the TFUEL token, don’t trust a single source. Do a thorough research before getting into any crypto and then make your decision.
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Now that you have learnt about Theta Fuel price prediction 2023 to 2030, do share your prediction of Theta Fuel. What do you think Theta Fuel will reach by the end of 2025?
Last updated: 05 October 2023.
