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Cryptocurrency News Video

Theta Network - NEW Coinbase Listing is HERE? (sort of)

May 05, 2024 at 02:45 pm Liam Hayne Crypto

The Theta Network community has been waiting years for news about a potential listing on Coinbase. People have been hoping that the Theta token will be listed on the Coinbase spot market.

Well, Today, we did get our coinbase listing... sort of?

Join the Telegram - https://t.me/LiamHayneCrypto

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Theta coin is now listed for futures trading on the Coinbase International exchange, which is a subsidiary of the parent company, specifically dedicated to futures trading.

This new listing coincides with the launch of the Theta EdgeCloud, their new hybrid cloud computing platform, and soon with the Theta Edge Node upgrades, as well as the Elite+ Booster upgrade.

Users can host their own Theta Edge Node, using the Edge Node Client, which allows them to share the resources from their personal computer, such as a PC or Mac, in order to earn TFUEL Tokens for completing tasks on the EdgeCloud network.


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

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."

#Thetanetwork #Crypto #Altcoins
Video source:Youtube

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