Theta is a Layer 1 blockchain designed for video, AI, and entertainment, featuring a dual network structure: the Theta Blockchain for transactions, rewards, staking, and smart contracts, and the Theta Edge Network for video streaming, AI tasks, and other computational needs. It hosts two native tokens, THETA for staking and governance, and TFUEL for transaction fees and smart contract operations. The upcoming Theta EdgeCloud, launching in 2024, aims to be a pioneering hybrid cloud computing platform on a decentralized architecture. Despite lacking a Telegram group and current market movement, there's optimism for its value to increase, potentially forming a 'J' curve in the coming weeks.
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