$TFUEL
Mitch Liu and Jieyi Long are the founders of Theta Fuel (TFUEL). The two entrepreneurs established the Theta network in 2017.
Mitch Liu:
A founder of mobile gaming startups and online advertising companies, including Gameview Studios and Tapjoy.
Jieyi Long:
A pioneer in eSports platforms and VR live streaming technologies. He is currently the CTO of the Theta network.
The Theta network was created to improve video streaming by using blockchain technology. The network uses a decentralized network of computers to transmit and receive content data. This allows computers in remote areas to access content by listening to other computers that are transmitting the same content.
TFUEL is the gas of the Theta network. It's used for a variety of purposes, including: Interacting with smart contracts, Paying fees for NFTs and Defi applications, Setting up caching nodes, and Rewarding validator nodes and Guardian nodes.
The price of Theta Fuel has decreased by 1.38% in the last hour and decreased by 4.69% in the past 24 hours. Theta Fuel's price has also fallen by 23.76% in the past week. The current price is $0.0473 per TFUEL with a 24-hour trading volume of $4.51M.
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