Home Blockchain Theta Network has lot of Opportunities for Passive Income

Theta Network has lot of Opportunities for Passive Income

Theta Network

The nice thing about crypto is that when you wake up, you have no idea how much it’s worth.  In the current scenario every token is pretty much down except for Tether and people are withdrawing their value from their investments and they are in search of the next Bitcoin.

The current plunge in the market is going to filter out the weak.  Those who think that the current market is an end and not the opportunity we are in the doom.

Why Theta hasn’t gotten more mainstream? Many say, Major validators like Google, Samsung, Sony, and the co-founder being a co-creator of YouTube is just a handful of the many reasons to be bullish on Theta.

There is a lot of passive income that can be made in the THETA network.

Criticism:  Still not profitable – 0.28 TFUEL a day isn’t enough to cover the power it uses.  I’m in crypto to make money, running this node comes at a loss. When will that change? After 3.0 launches, it will change. You will get 6 times more reward and also TFUEL price will be higher at that time too.

Others are like Theta as content delivery network is more an opportunity for us, the still early investor to accumulate as much as possible before it becomes the new internet it is bound to be. Theta/TFUEL can then become unaffordable.

Important to note:  A significant difference between THETA and other dual token models is holders who stake THETA in validator and guardian nodes help to secure the network and earn TFUEL as a reward.

Theta Network expressed, “Edge Node update v2.3.94 is live, w/ key updates: 1) Testing for Mainnet 3.0 features – TFUEL staking, reward splits, and Proof-of-Uptime 2) Scalability improvements to support Elite Edge Network w/ 100K+ nodes 3) UI update for block height, peer count, uptime proof submission.”

Someone asked should we be investing in THETA or Tfuel? Well, keep in mind that THETA can go far, and $TFUEL is mainly a kind of donation stuff for streamers.

Other Answers:  It is not mainly for donations.  An NFT for World Poker Tour just sold for 25k worth of TFUEL. It’s the currency of the network. And, will also be able to be staked for comparable returns to THETA staking after Mainnet 3.0. Rewards will be bigger at first actually.

The right answer is to invest in the ecosystem from the ground up. So buying both for the HODL would be smart if you believe in the project.

 

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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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