Theta Blockchain Update – July 12th, 2022

Theta Blockchain Update – July 12th, 2022

By TrocProcLock | Random Tech News | 12 Jul 2022


I am starting this series of updates on the Theta Blockchain. I am been a fan boy of this amazing blockchain for years now and I wanted to share that with all of you and keep you up to date on any news or updates with Theta Labs Inc.

Theta: $1.14  (ATH: $15.72)

TFUEL: $0.0481  (ATH: $0.6815)

TDROP: $0.0058  (ATH: $0.061)


What are they?

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Theta: This is the governance token of the Theta Blockchain. It is used to be staked in the Guardian and Validator nodes to help blocks being created.

 

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TFUEL: This is the operational token of the Theta Blockchain. it is used as the payment token within the blockchain and is the rewards for staking and watching/relaying videos.

 

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TDROP: This is a operational and governance token for the ThetaDrop ecosystem. It is built around the Theta NFT marketplace and is earned for interacting with buying and selling NFT's.

 


News/Updates:

 

  • Theta Labs Inc has at the time of writing 6 patents with the US Patent and Trademark Office. Do not underestimate the importance that a blockchain company has 6 patents. 

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  • The live streaming business in the US alone is said to be worth 70 billion USD. There is plenty of 'cheese' for Theta in that mix.
  • Theta Labs has recently introduced 'Theta Video API' which is the enablement to embed Theta blockchain videos on websites. Which I hope that Publish0x enables very soon here.
  • Of all the blockchains out there currently Theta is doing something that nobody else is doing. They are unique and fill a current actual need in the industry. Which is why I am trying to accumulate as much Theta and TFUEL as I can while the prices are so low. There are too many to count meme coins made for fun. There are too many blockchains out there to be 'payment replacements' and other just crap tokens/coins. It is my belief that Theta will be here in 10 years, 20 years and beyond.

 

I am not a financial guy. I work in IT so I know nothing about stocks, investments, or how to even save money for retirement. I just know that I love Theta because I have done a lot of research on it and I think you should to and think about what you want to do with that knowledge now that the prices are super cheap.... *wink* *wink*

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TrocProcLock
TrocProcLock

I am a crypto enthusiast and also a crypto noob :) Just trying to learn more each day.


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