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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:
3 Oct 2021 1 minute read 0 comments Keith Thuerk
Theta - Released Theta Video API Theta continues to bring revolutionary tech advances in 2021, late last week Theta Released their Theta Video API. Theta calls released this API as part of their Web 3.0 Vision! What is the Theta Video API? It is a...
30 Sep 2021 4 minute read 0 comments NOWNodes
Theta is one of the most promising crypto projects of today. It offers video streaming on the blockchain, and its native THETA coin has skyrocketed in 2021, making 3X from the beginning of the year. If you want to benefit from such a surge, buildin...
3 Sep 2021 4 minute read 0 comments DailyCoin
Visit DailyCoin for more articles. ONE Championship (ONE) has announced that the Theta Network will be assisting in the launch of their NFT marketplace. Theta Labs has announced that it will unstake 15 million Theta tokens from its validators...
30 Aug 2021 1 minute read 0 comments Chrono85
ThetaTV is the leading blockchain powered, decentralized streaming site. It's a place where you can find really cool streamers making great content, a great community and you can earn TFuel cryptocurrency just by watching streams! Up to now however,...
30 Aug 2021 3 minute read 2 comments SwapSpace
THETA Fundamental Analysis THETA is a token in the Theta Network, which has a purpose to provide decentralized, safe, and accessible streaming and content delivery services. THETA is one of the tokens on this blockchain: there’s also TFUEL, which is...
29 Aug 2021 1 minute read 2 comments Chrono85
The world of NFTs has taken off like fire again, with CryptoPunks and BoardApes taking over social media and selling for 6 & 7+ figures, and new projects popping up and selling out within hours. While the popularity of NFTs has been quite a rollercoa...
27 Aug 2021 1 minute read 3 comments Keith Thuerk
Theta - Unstaked additional 15M Theta from its validators Theta is taking aggressive action to prepare for a very bright future. By de-staking roughly 8% (15M Theta tokens) from their validators, a huge win as this action they are further decentral...
26 Aug 2021 1 minute read 0 comments Keith Thuerk
Theta Hackathon with $1M in Prizes Theta does everything BIG, they just announced one of the largest Blockchain Hackathon events ever. I assume everyone here is fully aware of what a Hackathon event if not read on. If you are skip ahead to the next...
20 Aug 2021 2 minute read 13 comments TrocProcLock
I know Bitcoin is the grand-daddy of all Bitcoin. I respect it for that. I know one day Bitcoin will turn into like the Gold standard of crypto. There will be other cryptos that are used as payment tokens and such but not Bitcoin. I am not saying I d...
17 Aug 2021 4 minute read 1 comment SweptOverNiagara
I'm sure you've heard about 5G and 'The Internet of Things' where by 2030 everything will be connected, including you by way of microchip. Imagine your every move, dollar you spend where and when, your thoughts and ideas are captured and recorded. At...
