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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

#1 NFT Coin | Theta Network NFT Dominance (41.0%)

14 hours ago 1 minute read 0 comments K_CNEX

Number One NFT Coin (By Market Cap) Theta is an open-source decentralized video delivery network, powered by users and an innovative new blockchain. Total NFT Market Cap - $29,163,979,088Theta Network NFT Dominance - 41.0% Theta is purpose-built to...

World Poker Tour will premier along with it’s NFT market launch on Theta Network

10 minutes ago 2 minute read 0 comments Greenchic

NFT market launching on Theta Network very soon!!   NFT market place going live on Theta Network on April 18th!! Theta Network is a leading decentralised video delivery blockchain network that enables peer to peer live streaming of video content. Ve...

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...

10x to 100x potential tokens as the bull market heats up. $ANC $VTHO $KYL $OCEAN $THETA $BMI

21 Mar 2021 1 minute read 2 comments Aware1

A quick look at some of the coins that have caught my eye in recent months and hold long-term potential. Some of the coins covered include the blockchain-based video streaming platform Theta (THETA), the data-focused Ocean protocol (OCEAN) and its P...

What I get for Staking TFUEL!!!

6 Jan 2021 1 minute read 11 comments TrocProcLock

So I just wanted to give an update to all of you. I started staking my TFUEL in the Edge Node. I have had it running a while but wanted to crunch the number for you guys. I started with staking 10,350 TFUEL. I didn't want to do the bare minimum of 1...

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...

The Theta Network and Edge Node Profits for February.

3 Mar 2021 3 minute read 49 comments TrocProcLock

If you have been reading my articles or following me for some time then you will know that I love the Theta Network. I think Theta is a crypto currency focused company that is actually changing the landscape and making a name for themselves and will...

Blockchain As a Creative Platform

4 Apr 2021 4 minute read 0 comments ampersandninja

Cryptocurrency has evolved a lot since the days of Bitcoin’s first launch. Although many projects aim to be digital cash, there are some that strive to bring decentralization to more creative and entertaining parts of the internet. From innovat...

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...

You can Stake your TFUEL now!

2 Jan 2021 1 minute read 2 comments TrocProcLock

Alright guys, this is a big one so buckle up. I was casually just logging into my PC that runs my Theta Edge Node and I saw a new option on the left hand side. Stake TFUEL! Before we dive to far into it lets get a little background into Theta. The M...