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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

4 Crypto MOON Things You Might Have Missed in May 2020

26 May 2020 7 minute read 34 comments Brawnd0

Well, it has been a while since I have posted anything here because I needed a little break from all of the crypto madness. Nevertheless, I am back and will start posting things once in a while for you guys seeing as you do like to read my posts! The...

3 Altcoins To Keep Tabs On — CHZ, MANA, THETA | KuCoin Weekly Review Issue #11

8 Mar 2021 2 minute read 11 comments KuCoin Blog

After a few weeks of huge gains and drops, this week could best be characterized as calm. Well, calmer, at least. BTC was able to reach back up to $52,618 during the week, before ultimately settling closer to the $51,645 mark. Things were a bit more...

Top Things You Should Know About Theta (THETA)

21 May 2020 9 minute read 17 comments MuyAsk

Hey guys :) I’m back with another comprehensive Q&A piece, this time for the popular decentralized streaming network, platform, and token – Theta (THETA). Theta is a next-generation video delivering platform powered by a decentralized peer-to-peer bl...

Theta 101: Streaming On The Blockchain

12 Mar 2021 5 minute read 9 comments

In recent weeks, since the Bitcoin spike which started happening in November 2020, the top charts for cryptocurrencies has been in the middle of a massive transformation. And this has led to a number of relatively unknown alt coins making the top cha...

BitCoin Baby - Day 12 "Magic Internet Money Mystery"

28 Mar 2021 3 minute read 12 comments BitcoinBaby

  Guess after 11 days it´s time for a little personal story. So I was dragged into this crypto-verse by a friend.You know the type....That guy always hyping Magic Internet Money and shilling all assets he acquired over the last couple of years. And I...

My Top Nine Picks for Aspiring Crypto Coins for March

2 Mar 2021 5 minute read 4 comments pheonixdown-dee

This article will take a look at nice cryptocurrencies which have interesting developments lined up for the month of March, which could also have a positive effect on their price.   1. Cardano (ADA) Current Price: $1.23 Market Cap: $39 billion M...

High Value Doesn’t Always Equate To Legitimacy

2 Oct 2020 2 minute read 20 comments Scott Cunningham

There is a misconception in investing whether it’s crypto or stocks that something of high value must only be a high value because it’s successful and thus legitimate. I want to break down why this is absolutely not the case. Whether we look at Hert...

Comparing Verasity and Theta.TV

20 Oct 2020 4 minute read 21 comments Scott Cunningham

Verasity recently reached out to me to see if I would like to do a comparison of their platform to another live streaming platform. I decided to compare it to Theta.TV. Let’s see how these two platforms line up! Note that I have used Verasity and The...

Five Biggest Altcoin Gainers From March 22nd to 29th

30 Mar 2021 2 minute read 2 comments pheonixdown-dee

During the week of March 22 – 29, these were the biggest altcoin gainers: Storj (STORJ) – 186% Ankr (ANKR) – 133% PancakeSwap (CAKE) – 63% Filecoin (FIL) – 59% THETA (THETA) – 40%   Biggest Altcoin Gainers STORJ reached an all-time high price on Ma...

The Magnificent Seven – Biggest Altcoin Gainers Over the Past Week (Feb 26th - March 5th)

5 Mar 2021 3 minute read 7 comments pheonixdown-dee

The biggest altcoin gainers are: Chiliz (CHZ) – 146% Enjin Coin (ENJ) – 106% Theta Fuel (TFUEL) – 92% Decentraland (MANA) 57.3% THETA (THETA) – 48% NEM (XEM) – 45% Basic Attention Token (BAT) – 43%   Chiliz (CHZ) CHZ was the biggest gainer from las...