Theta network is all set to make the platform decentralised through launching mainnet 2.0 where the process of staking will be changed and will no longer will be controlled by single entity or community.
The core focus about this project is its completely decentralised video streaming where it provide you solution to stream live video without any buffering and all the contents will be high quality format which will make theta more significant and valueable to pull off the central authority about producing the high quality streaming video and give back to streamer who can earn theta fuel and also all the users of theta.tv earn less portion of theta fuel while they watch .
This blockchain project will empower the live streaming platform which was not very highlighted from past . There are many big companies partnered with Theta network for streaming video . few most popular partners are :
- MGM studios to bring Hollywood classics to theta network.
- cos.tv
- Samsung VR
- cj hello
- pandora tv
- movie block
- Gfuel
- playboy
- sweeps
- vast
The project is being leaded by Mitch liu (co-founder and CEO ) of Theta.tv and token network, has build very enthusiastic road map for developing this project to make most success-full video streaming platform . The Co-founder of Youtube Steve Chen ,has advises the blockchain media for this great video streaming project and it will become next generation resource of high quality and live video streaming site.
How Does Theta Network Node work ?
Theta network is revolutionary project in the streaming market , it has partnered with many video content providers . lets understand it here :
First of all you need to download the node from here for window and for mac0x
After download then install to your device then connect your wallet address to the node . the wallet address must be from Theta.tv account wallet address because this time node does not support exchange wallet .
now if you see the picture :
In Edge Node : its free token will be generating 24 hrs if your desktop , laptop turned on .the accumulative token of Theta Fuel(TFuel) will be send to your Theta.tv account wallet in every month .The current price of Theta Fuel token is $0.018 which make sense to put effort for earning this money at zero effort.
In Guardian Node: This is going to adopt Mainnet in lest than 25 hrs which lead the network to reach next level in video streaming where all the stake holders of Theta will be validating the Nodes without any control from central authority. this picture will figure you out about how does it work
So , you need to stake minimum 10k Theta token to earn more Theta fuel and also run and validate the Nodes to make the whole system decentralised . in my recommendation , i will not advise to buy Theta Network token at this moment because the price is surprisingly hit $0.45 in just from last 1 month .it was profitable if we could buy the token at $0.03/token .
Anyways , This project is getting more attention from big companies and it will be growing more in value once it launch its mainnet tomorrow .
Do you want to become live video streamer?
If you are passionated about playing Games , Dj Music , Webinar , Documentary , Web series or anything then you can join Theta.tv which will give you a platform where you can make quick follower , gift sender , community chat by just showing your passion and skill .you simply go to this website and sign in through various way then stream video . there are many streamer who enjoying the platform with full of passion and also converting their passion into earning crypto tokens . god bless blockchain technology to bring for us back the control of internet empowerment .
