Theta Fuel
Crypto Overview
Intended Utility
Theta Fuel (TFUEL) is designed as the operational token of the Theta Network, a decentralized video delivery network. It serves as the utility token that powers all network operations including payments to relayers for sharing video streams, deploying and interacting with smart contracts, and paying for network transaction fees.
Business Model Assessment
The business model is fundamentally based on providing decentralized video streaming infrastructure, which aligns with halal principles as it involves the exchange of real services and utility. Users can earn TFUEL by sharing their excess bandwidth and computing resources to relay video streams to other users.
Actual Utility Analysis
The token demonstrates genuine utility through active usage in the Theta Network ecosystem. Current applications include: Video platform ThetaTV, NFT marketplace ThetaDrop, and integration with platforms like Samsung VR. On-chain data shows consistent transaction volume for network operations and edge node payments.
Development Activity
The project maintains active development with regular GitHub commits and protocol updates. The team consistently releases technical improvements and new features, indicating legitimate technological development rather than pure marketing focus.
Token Distribution
The initial token distribution allocated approximately 30% to the Theta team and foundation, with vesting periods implemented. The remaining distribution is spread across public sale participants, ecosystem development, and mining rewards. Token unlocks follow a transparent schedule published in their documentation.
Revenue Model Analysis
The revenue model is based on network usage fees and value exchange for actual services, avoiding interest-based mechanisms. Staking rewards are tied to network security provision rather than lending or interest generation.
Crypto Impact
To assign a comfort level investing in Theta Fuel from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Theta Fuel.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.