I have long been a Theta backer and lover. I was first brought into the Theta world when their website was sliver.tv. It was a live streaming site where when you watched the streams you earned this token called TFUEL. You could spend that TFUEL on items and goods or tip it back to the streamers. It was a a fun little ecosystem with a live streaming setup.
It was a little while into that adventure that I found out I couldn't withdraw my TFUEL to my personal wallet. So I looked for other ways to get this token. One of the streamers told me about the Pre-Elite Guardian Node. Where it's this little piece of software that runs on your computer and basically transcodes and directs streams to other nearby viewers and you can earn TFUEL passively by letting that software just run 24/7. At the time I was hooked because it doesn't take a lot of computer resources at all so I could run it on my crappy computer. I had unlimited network at my house so I wasn't worried about that at all. Then over the next year I had amassed what I like to call a Nest Egg of TFUEL. I will say that I have over 10,000 TFUEL because that is the minimum amount you need to stake it and I am staking mine.
I feel like at time all I talk about is TFUEL and nobody on Publish0x or Noise.Cash really gets behind what I am saying. I have written article after article about Theta on Publish0x and nobody is listening so now I am hoping the good people over at Read.Cash will listen.
I have always said that if you are serious about crypto stop wasting your time with the tokens that are destined to fail and server no purpose. Focus your time on the ones that have a real future and that solve a real problem. Theta & TFUEL are one of those. The Theta blockchain was developed to get content to people easier and quicker than using the traditional CDN's and infrastructure. If you guys are old enough to remember when P2P sites started to pop up to download illegal music and movies it was a game changer. And it was the underlying technology that I was amazed with. You could easily download 1 file from 10 different people at the same time to download it quicker basically. That is Theta basically.
But in that same breath Theta is so much more. They have patents from the USPO for their technology. They have a total market cap of over 7 billion USD. That might not seem like a lot but the people utilizing Theta right now are the tech people who understand it potential. They are early backers that are getting in while it's super low. Theta has not started to market itself. They did just announce in quarter 4 that they are partnering with Katy Perry to make NFT's for her. So that will bring Theta mainstream real quick. Which is also why I am trying to tell everyone about it before then so that they can get in while it is still low.
Mainnet 3.0 was recently released for the nodes. It makes a lot of changes that are so much better for the blockchain. The one on particular that I want to talk about quickly is staking. Now if you run your own Node you can stake a minimum of 10,000 TFUEL to it and you will earn daily rewards.
Right now the going rate for 10,000 TFUEL is 3.2 TFUEL earned per day and obviously the price per TFUEL will go up.
At the time of this writing 34.2% of all TFUEL is staked to nodes. That is absolutely bonkers when there is a 10,000 minimum balance to stake. That shows you right there a lot of TFUEL holders and HODLers and know how valuable they will be.
I am not going to walk through how to setup a Theta Node here. It is super easy and if you want a guide I have written one here: https://www.publish0x.com/earning-that-crypto/time-to-revisit-the-theta-guardian-node-how-to-mine-tfuel-xlymend
If you don't know who I am then you might be inclined to think I am just trying to pump up TFUEL. If that's your thought's then I can't really blame you for that. However if you are even a little curious then I would suggest taking a few minutes and look over my articles (here) and my posts over at Noise (here).
There has only every been 1 blockchain that I get hyped about and keep writing about and have not been proven wrong yet, and that is Theta!
I forgot to add that I have 5 TFUEL NFT's to give away. Leave your WAX address as a comment and I will randomize them and give away 5 of them after we have a good amount of addresses. :)
