Interesting crypto project. (Theta)

Interesting crypto project. (Theta)

By Claudio | Claudio | 2 Feb 2019


Hey :) 

I DONT SPEAK ENGLISH AS FIRST LANGUAGE SO IM SORRY IF ITS NOT SO GOOD.

 

I was on coinmarketcal and watched just for everything and nothing. 

I found the Theta Token and i think its really interesting.

 

They are working on this project since 2015 and have some really cool people on board like Steve Chen (Co-founder of Youtube) or justin Kan (co-founder of Twitch). 

15 March 2019 they will launch their mainnet. Im exited and think this will be my next investment. 

All holders will get theta fuel 5:1 and the normal theta token 1:1. 

 

They make a platform that will make youtube look like a piece of shit. 

But lets bring some facts.

 

Why we need a decentralized video network? 

Sites like youtube:

-have lacks of global reach, particulary in developing countries leading to low qualiry     streams, pauses and skips. or they censure it. 

-have high- cost structure paid for by platforms and publishers, leading to less revnue to   content creators

-are centralized and controlled by a few etities

 

Thats a growing problem

-67% of all Internet traffic today is video, estimated to jump to 82% by 2020.

-Live and peer--to-peer streaming is exploding

-Move towards 4k and emerging VR / Lightfield quality pushes more data.

 

What are the advantages of theta?

-Peer-to-peer video network

-Theta token mining at core

-True utility and usage for content creators and viewers

 

I would really check out the bitcoin talk ann and the website.

 

BTC talk ann:

https://bitcointalk.org/index.php?topic=2451089.0

Website:

https://www.thetatoken.org/

 

 

That was my first time i write about a coin.  :)

Let me know what you think about that and what i can make better. I know its not really long and detailed but my goal is only to attract people. They have to do their own research and build own knowledge. 

 

Peace & Love

Claudio


Claudio
Claudio

Im 25 years and from Switzerland :)


Claudio
Claudio

just all i have in my head.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.