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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

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...

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...

Episode 21: SRM and THETA

6 Apr 2021 14 minute read 8 comments SirGerardThe1st

The crypto-sphere is entering a terrain that has nothing to do with finance or the transmission of P2P value. And it is entering by joining a geostrategic battle already raised a few years ago between the USA and China, that is, between Amazon and Al...

What is Theta Network?

20 Mar 2021 2 minute read 0 comments ampersandninja

Theta is a blockchain created by Theta Labs as a video delivery network looking to build off the success of platforms like Twitch in a much more decentralized manner. Users can watch videos or streams and offer unused bandwidth to relay the content t...

50 Shades of Trust: Grayscale Imposters & the Nahmii Shuffle

8 Apr 2021 4 minute read 1 comment Total-Quetzalcoatl

In what I hope was a fantastic April Fool’s prank, somebody filed to form a business in the State of Delaware called “GRAYSCALE NAHMI TRUST (NII) LLC” on April 1st, 2021. This might seem like a bureaucratic non-event, but it raised a few eyebrows for...

What is the THETA Network exactly?

28 Mar 2021 1 minute read 0 comments vooidds

What is the THETA Network exactly?The THETA Network is a blockchain-powered network and their goal is to deliver videos/streams in a decentralized peer-to-peer network. The CDN's or content delivery networks of today leave viewers with low quality vi...

The Hateful Eight: BTMX, NPXS, CHSB, THETA, ONE, VGX, CEL, RVN – Biggest Losers from March 26th to April 2nd

3 Apr 2021 3 minute read 2 comments pheonixdown-dee

In this article, I'll take a look at eight altcoins that decreased the most over the past seven days (March 26 – April 2). Note these are top losers in top 100, there are other projects that have dropped more that have smaller market caps.     This w...

Theta Fuel (TFUEL) Coin The Biggest Gainer In The History Of Crypto Is Ready For Another Super Move

22 Mar 2021 1 minute read 1 comment moon333

  Click here to create an account on Binance, the best place to buy or sell TFUEL coin For exact buy and sell targets for this trade, and other harmonic trading signals you can join:     //////////////////////////////...

Sometimes you don't need a degree in law to understand stupid legal shit...

7 Apr 2021 1 minute read 0 comments cMasta

Here is an official release from the SEC regarding LBRY: According to this literature release, LBRY did not file a registration statement before accepting over $11 million USD equivalent in e...

Why I'm Bullish on Theta Network (THETA)

21 Mar 2021 1 minute read 0 comments MakeItReal

Hello HODLers, Today I'd like to share with you some of my thoughts about crypto that could perform well next days. Obviously none of this is financial advice but personal ideas, information and news sharing so do your own researches independently! F...