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

Theta TDROP - What is it? When does it occur?

22 Nov 2021 3 minute read 0 comments Keith Thuerk $0.03

Theta TDROP - What is it? When does it occur? If you are new to to Theta here is a quick recap, if you are a seasoned veteran skip to the next paragraph.  Theta - a platform built around peer-to-peer (P2P) bandwidth sharing for video streaming, e-gam...

5 Best THETA Wallets In 2021

7 Nov 2021 4 minute read 0 comments ChangeNOW $0.43

Theta is a blockchain-based streaming service and its native token, THETA. The latest developments in the project helped the token grow 3X since January, bringing it to the Top 30 cryptocurrencies list and making it one of the trending assets of 2021...

Dipping Toes in Theta, 2 Week Update

3 Nov 2021 1 minute read 2 comments Taotao $0.01

I've been playing with Theta's Edge Node for a little over two weeks now (see my first blog post here) and here is how things have shaken out so far. I am in my third week, and my trusty little laptop has been running the node in the background. It h...

Theta Granted Yet Another US Patent

24 Oct 2021 1 minute read 0 comments Keith Thuerk $0.02

Theta Granted Yet Another US Patent   USPO (aka US Patent Office) granted Theta US Patent #11,153,358 [Application Number 17/226,112] for Methods and systems for data caching and delivery over a decentralized edge network. Theta the Peer-to-Peer (P2P...

Meter Passport - the Chainlink of InterOp - Now supports Theta

7 Oct 2021 1 minute read 1 comment Keith Thuerk $0.09

Meter Passport - the Chainlink of InterOp - Now supports Theta What is Meter Passport?  It is a a leading cross-chain bridge connecting blockchains. Put another way it enables free flow of assets across blockchains such as Avalanche, Binance Smart Ch...

Theta - Released Theta Video API

3 Oct 2021 1 minute read 0 comments Keith Thuerk $0.08

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...

Building a Wallet on Theta Blockchain

30 Sep 2021 4 minute read 0 comments NOWNodes $0.95

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...

THETA (THETA): Price Updates, Recent Developments, Future Events, and Community Sentiments

3 Sep 2021 4 minute read 0 comments DailyCoin $0.47

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...

ThetaTV Launches Viewer TFuel Withdrawals to ThetaDrop

30 Aug 2021 1 minute read 0 comments Chrono85 $0.08

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,...

Theta Price Prediction

30 Aug 2021 3 minute read 2 comments SwapSpace $0.47

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...