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:
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
