Should you buy TFUEL Coin? | Theta Fuel Token Price Prediction 2024

Should you buy TFUEL coin? That's the question we try to answer in today's video. The Theta Fuel token/tfuel token has been around for a while now, but with the upcoming launch of the THETA EdgeCloud cloud computing platform, it has seen a resurgence.

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Theta is a Layer 1 blockchain and decentralized infrastructure for Video, AI & Entertainment use cases.

Theta Fuel is at the forefront of AI technology this year, as the crypto bull market arrives, the price of bitcoin soars, Theta fuel is ready to take over the market as one of the top AI altcoins in 2024.

Theta is a "dual network" consisting of two complementary subsystems, the Theta Blockchain and the Theta Edge Network.Theta proof-of-stake blockchain provides payment, reward, staking and smart contract capabilities, while the Edge Network is responsible for the compute, storage and delivery of video streams, AI tasks, and other scientific, simulation and financial modeling use cases. There are two native cryptocurrencies on Theta blockchain: THETA, the staking and governance token, and TFUEL, used as gas for all transactions and on-chain smart contract interactions. The next-generation Edge Network, Theta EdgeCloud, is the first hybrid cloud computing platform built on a fully distributed architecture, set to launch later in 2024.

Theta’s Web3 infrastructure enables media companies to drive incremental revenues, user engagement, and new Web3 business models. Theta Video API and Theta Web3 Theater are turn-key decentralized video API for developers offering significantly lower costs for video transcoding, storage, and content delivery, powered by patented Digital Rights Management technology.

Theta blockchain also underpins the ThetaDrop NFT marketplace in partnership with Katy Perry, Samsung, Sony, American Idol, The Price is Right, Taste of Home, and other leading brands aiming to disrupt the digital collectibles industry.

Theta Network’s enterprise validator and governance council is led by Google, Samsung, Sony, Creative Artists Agency (CAA), Binance, Blockchain Ventures, and other global leaders. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, Bertelsmann Digital Media Investments (BDMI), and CAA..

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