This improve was key for the launch of the Theta Metachain, which is anticipated to occur in December 2022. The brand new model permits the wTHETA to be transferred to Metamask wallets and different sensible contracts. It additionally makes it potential to stake THETA and Theta Gasoline (TFUEL) to Guardian nodes and Elite Edge Nodes via sensible contracts.
The announcement additionally included detailed steerage on wrapping and unwrapping THETAs. Token holders can wrap and unwrap utilizing their Theta Internet Pockets.
So as to add wTHETA tokens to metamask wallets, customers can use the token contact deal with “0xaf537fb7e4c77c97403de94ce141b7edb9f7fcf0”, token image as “wTHETA” and token decimal as 18.
Theta Labs is a blockchain-based video distribution platform with a major NFT group that features names like Katy Perry and Sony. The protocol has been increasing its associate ecosystem because the starting of the yr.
Common present American Idol partnered up with Theta Labs again in Aug. 2021 to launch real-time NFTs that’d symbolize every of the contestants on the time. In the identical month, One Championship additionally inked a partnership cope with the protocol to launch One’s first NFT market.
In June 2022, Resorts World Las Vegas joined Theta’s associate community to launch two NFT collections that supply luxurious experiences on the venue.
Fuse Media additionally agreed to work with Theta to launch the Theta Mainchain.