Bitcoin opened the road to decentralization. What was thought to be a road was actually a highway. Indeed, the potential of decentralization is not limited to currencies. It affects many sectors. Today, I am talking about a project that is on the rise: THETA.
THETA is a project to decentralize streaming. The project is technically difficult to explain because it is very complex. In fact, despite the complexity of setting up the THETA team follows its schedule without delay. A proof of strength no doubt.
How does it work?
Streaming is extremely expensive in terms of infrastructure. The main problem that results is that the videos are usually of poor quality or not in HD quality. Sometimes there may also be significant loading times. Theta aims to solve all this by introducing decentralized video streaming on blockchain technology. The streaming experience will be smooth and high quality. The cost of delivering different videos and movies will be reduced, and viewers will win Theta tokens as a reward for displaying content. Tokens can be earned by sharing bandwidth and resources within this network.
With decentralized video delivery, dApps support, and a native token, Theta is definitely worth a look. The dApps built on this platform can tackle various industries, from eSports to films, education and even the corporate conference. The potential is very great, streaming being a major digital issue of recent years.
The THETA Token
The THETA Token was primarily designed to compensate users for sharing their bandwidth. However, it may also be used to compensate content creators.
Getting into the adventure
Soon, I will make a specific article to show you how to receive your THETA Token. So don’t forget to subscribe if you want to follow this project. I would certainly also make a video on my YouTube channel (in French).
To be followed, then!
https://www.thetatoken.org/
