Theta EdgeCloud enables TFUEL Billing
Earlier this week Theta enabled TFUEL billing for EdgeCloud services.
Thus enshrining TFUEL as THE core payment method for all things EdgeCloud. Another benefit for EdgeCloud users is they get a discount of 5% when they pay for services using TFUEL. Not to worry Theta will still accept your fiat currency, until they don't (sorry I added that last part in there is just sounded fun in my head).
Theta economy
Theta's token economy was built around decentralization and so fiat must be converted into TFUEL to ensure everyone in the ecosystem receives benefit
Sample TFUEL Payment screen
Background on TFUEL
- Theta created TFUEL March 15 '19 with a ratio to Theta token ~40:1, 50:1, and has been as high as 70:1
- One benefit from Theta Mainnet V3.0 was TFUEL Staking and Burning June '21
- Recall 5% TFUEL created per year
- TFUEL can be staked for passive income
- TFUEL can be used to purchase NFT's on theta.tv, OpenTheta.io, and OpenSea. There might be others but I have not used them.
- Currently trading just below $0.06 each
My Theta EdgeCloud blogs:
-
Theta EdgeCloud Launches Agentic AI with RAG Chatbot Release
- Theta strengthens South East Asia stronghold adds Hankuk University
-
Theta EdgeCloud Adds Image-to-Image Art Transfer and Editing
- Theta Elite Boosters - Amazing Quantity Staked in 24-hours
- Theta EdgeCloud Image to Video GenAI Model
- Theta EdgeCloud Jupyter Notebook support
- Theta Model Pipelining
- Theta EdgeCloud: Unveiled Sketch-to-3D generative AI Model
- Theta EdgeCloud Release Inbound
Summary
Allowing TFUEL payments helps keep EdgeCloud central to Theta and the Theta economy both now and in the future. Is anyone else noticing the potential increase in Android devices running Theta Edge Node to earn and spend TFUEL?
Credits:
- Blog image bitcoinsider.org - all rights remain
- TFUEL Payment - Theta - all rights remain
Disclaimer - I am not an employee nor an agent of Theta, although it sounds super exciting!
