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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

What is going on with THETA? ...400% surge !!!

30 May 2020 2 minute read 2 comments qsyal

If you are in crypto, I'am sure that you've noticed the recent crazy price surge of THETA during this month. THETA which was at around $ 0.08 on April-20, soared to touch a peak of $ 0.40 on May-27, and now it is hovering around $ 0.32 level . We are...

Down The Rabbit Hole

29 May 2020 2 minute read 0 comments abishek0909

The Theta Network:   While searching for something to write, I stumbled upon the Theta network. The goal of the Theta network, is to bring about a decentralized delivery network compared to the centralized CDNs that many streaming sites like Twitch,...

Theta.tv partnered with Google |Google cloud to be its enterprise validator

28 May 2020 1 minute read 0 comments Cryptohem

Previous called as silver.tv , Theta.tv the next generation ESPORT video application powered by the theta blockchain in its tweeter account announced its high level partnership with google. Making google cloud as their Enterprise validator. The annou...

Google Cloud Becomes Theta Validator, Joins Binance and Others

28 May 2020 1 minute read 1 comment Abhimanyu Krishnan

Coinciding with the launch of its mainnet 2.0, the Theta (THETA) project announced on May 27 that Google Cloud has joined its Enterprise Validator Program, which sees members validate transactions for the video platform-focused crypto project.  This...

Price of TFUEL has skyrocketed!!!! Google backing Theta now!

27 May 2020 1 minute read 7 comments TrocProcLock

If you follow me you will know that I am a big fan of Theta and TFUEL and just the Theta blockchain in general. I think it has enormous potential and its a token that have a very practical application. I have been running the Pre-Guardian Node for a...

🚨FOMO risk? THETA surpasses Bitcoin by 1,000% growth since March

27 May 2020 3 minute read 2 comments ...

THETA tokens have reached new peaks, but is now the right time to buy?As candles become greener and greener, people are confronted with FOMO (fear of losing the opportunity), barbarism, and emotional prejudice against the powerful rallies of the Altc...

Why did Theta pump 1000%?

26 May 2020 3 minute read 0 comments Wishiknew

Theta tokens is the tokens that power a new generation of decentralised video streaming platform. The key problem it solves is to reduce the cost of delivering video by using viewers unused bandwidth and computing resource. If you are a live streame...

'Theta Network' is going to set another milestone in live video streaming market.

26 May 2020 2 minute read 1 comment Kavi

      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 i...

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...

How to set up Theta Edge Node - Share your Bandwidth and earn TFuel

25 May 2020 1 minute read 11 comments Jakonfire

How to set up Theta Edge Node - Share your Bandwidth and earn TFuel   Theta and Tfuel are pumping the last days and I saw a lot of crypto interested people asking how to contribute to this evolution. So today I present you an easy Way to earn Tfuel w...