Theta (THETA)

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Theta (THETA) is a cryptocurrency made by Mitch Liu and Jieyi Long in 2018. It is a decentralized blockchain-based content delivery platform that delivers high-bandwidth video streaming content.  

Theta intends on solving the problems that live video streaming faces today; low quality video streaming, high cost of streaming infrastructure, and centralized and inefficient ecosystems. The Theta project is solving these problems by delivering an innovative new blockchain-based content delivery network (CDN) that’s powered by users and decentralizes video streaming. 

Theta’s CDN allows viewers to earn Theta Fuel rewards for sharing bandwidth and resources. Theta Fuel (TFUEL) is gas for the Theta network and can be earned by staking THETA tokens and lending bandwidth to video streams. Theta’s peer-to-peer decentralized CDN delivers high quality, smooth video streaming throughout the world. Even more, it reduces the cost of delivering video streams so that video platforms no longer need to develop expensive infrastructure, allowing for innovative and unique business models to thrive.

Theta’s blockchain-based CDN is open source and open to all developers and partners to build on the Theta network. Currently, Theta’s live video streaming partners include Silver.TV, Samsung VR, and MBN, Korea’s largest business news outlet. The market that Theta intends on disrupting is absolutely massive. YouTube has 1 billion hours of streaming video watched daily, Twitch has between 2.2 and 3.2 million unique monthly visitors, and there is an estimated 400 million esports viewers who watch at least one tournament every year.

The Theta Token (THETA) has a total supply of 1,000,000,000 tokens and a circulating supply of 870,502,690 tokens. The initial supply breakdown is:

  • 30% private ICO investors
  • 22.5% Theta reserve
  • 15% Network seed/strategic partners
  • 7.5% Advisors
  • 25% Miner Reserve

Theta EdgeCloud Image to Video GenAI Model

14 Jun 2024 1 minute read 0 comments Keith Thuerk

Theta EdgeCloud Image to Video GenAI Model   Theta has done it again, and in a short time frame. Theta brings you Image to Video Generative AI (GenAI). This comes from their partnership with Stability AI which compliments Theta's own work from 2015 w...

Amazon AWS Blueprints available for Theta EdgeCloud

6 Jun 2024 1 minute read 0 comments Keith Thuerk

Amazon AWS Blueprints available for Theta EdgeCloud What has Theta done? Theta released Edge Node blueprint to AWS Blockchain Node Runners repository. Put another way, your Theta Edge Node could be setup to run on Amazon AWS and defined to have 100%...

Theta EdgeCloud: Jupyter Notebook Support, Unlocking AI

31 May 2024 2 minute read 0 comments Keith Thuerk

Theta EdgeCloud: Jupyter Notebook Support, Unlocking AI Theta has been very busy cranking out new features prior to full EdgeCloud go live on June 26th. Theta is unlocking AI for Theta Blockchain via Jupyter Notebook support.    Why did Theta choose...

Theta Model Pipelining

28 May 2024 1 minute read 0 comments Keith Thuerk

Theta Model Pipelining Last week Theta previewed an upgraded AI Showcase on EdgeCloud This breakthrough brings a two-stage text to image model allowing input into Llama3 LLM.  I will attempt to provide an over simplified description of the Theta proc...

Theta EdgeCloud: Unveiled Sketch-to-3D generative AI Model

20 May 2024 1 minute read 0 comments Keith Thuerk

Theta EdgeCloud: Unveiled Sketch-to-3D generative AI Model   Traditional generative AI Model (AKA GenAI) models to not support Image creation. Theta has once again worked its magic, this time in creating a Sketch-to-3D generative AI Model.   Theta de...

Theta Edge Cloud: 101 Beginners Guide

9 May 2024 1 minute read 0 comments iCryptobeing

Just Posted this video about how to use Theta Edge Cloud. Here is a description of Theta Edge Cloud, that launched May 1 2024: Theta Edge Cloud is a revolutionary cloud-computing platform that combines the power of the cloud with the processing capab...

Theta EdgeCloud Release Inbound

3 May 2024 1 minute read 0 comments Keith Thuerk

Theta EdgeCloud Release Inbound I am really excited about all the changes inbound from Theta, this is not a Mainnet level release, however, there are still a large amount of changes that happened earlier this week and will come next month, with that...

Theta Guardian Node: How to Replace KEY FILE

17 Mar 2024 1 minute read 0 comments iCryptobeing

This video shows you step by step how to replace the Key Fil of your Theta Guardian Node.  This process is used if you are moving TGN to a Different effect or if all other troubleshooting steps did not work to get your TGN working properly. A few thi...

Theta ushers in AI Age with EdgeCloud Enhancements

28 Feb 2024 1 minute read 0 comments Keith Thuerk

Theta ushers in AI Age with EdgeCloud Enhancements It should come as no surprise that Artificial Intelligence (AI) requires lots of dedicated and highly complex computing power.  Did you know that Theta network has a super power AI enabled offering? ...

Theta expands Media & Entertainment Ecosystem w/ First Flights

19 Feb 2024 1 minute read 0 comments Keith Thuerk

Theta expands Media & Entertainment Ecosystem w/ First Flights Let's start with a Theta network recap in/around Media and Entertainment (aka M&E.) Theta has long standing relationships in the M&E industry with such titans of modern film industry as S...