Theta Network

Theta Network is a blockchain network that aims to support the distribution of video and media content with the idle bandwidth and computing power of users. Its mainnet opened in 2019. Over time the project broadened its focus and introduced the EdgeCloud platform, which combines edge nodes with cloud GPU resources to provide computing power for training and inference of AI models; the AI and big data classification in the catalogue reflects this direction.

THETA is the network's governance and security token. Validator nodes that take part in block production and guardian nodes that confirm blocks in a second stage stake THETA, and stakers receive rewards denominated in TFUEL in return. Transaction fees and edge node payments on the network are made with the sister token TFUEL. THETA was originally distributed under the Ethereum token standard and moved to the Theta chain when the mainnet opened.

On Lzzo.com, the Theta Network price is tracked by converting the value from Binance THETA/USDT trades into US dollars using the Coinbase Exchange USDT/USD rate.