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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:
8 Aug 2021 1 minute read 0 comments Keith Thuerk
Theta Updates keep rolling in and advancing the Best blockchain Even after the Theta Price has taken a huge beating I still believe it has the utility to really make a difference in ALL our futures. A few of the recent updates from Theta 1) Theta B...
2 Aug 2021 2 minute read 0 comments Michael Selge
Over the past year, Theta coins have increased their value by 1550.8% according to Coingecko. Thanks to its minimal fees, unique and useful development, as well as support from well-known and authoritative personalities, the project is rapidly gainin...
1 Aug 2021 4 minute read 3 comments SwapSpace
Theta Fuel Fundamental Analysis Theta Fuel (TFUEL) is an ERC-20 utility token powering Theta Network, a blockchain-based decentralized video streaming and delivery service developed by Theta Labs. TFUEL is one of the two tokens native to this networ...
17 Jul 2021 6 minute read 33 comments Thomas Wolf
The Theta Network is bridging the gap between blockchain technology and video content creation to heights never seen by any competing project until now, with Web 3.0 and decentralized finance paving the way for digital and economic freedom.The Theta...
7 Jul 2021 3 minute read 1 comment StealthEX
THETA is a Theta Network blockchain token designed for use in the video streaming industry. The project is developed as an end-to-end decentralized system for streaming video delivery, and at the lowest cost. Some Background Information Theta was fou...
5 Jul 2021 1 minute read 0 comments SwapSpace
Check out our weekly #digest on the latest #crypto news! Here’s what happened over the past week: Katy Perry Launches NFTs, Acquires Stake in Theta Labs Germany grants Coinbase license for crypto custody services Dogecoin Sees Uptick After Elon Musk...
30 Jun 2021 1 minute read 1 comment Tomadachi
Singer Katy Perry has just announced to her 108 million followers on Twitter that she is launching her first ever non-fungible tokens on the Theta Network. Later today, Theta will release their mainnet 3.0 which will introduce TFuel staking for hold...
30 Jun 2021 2 minute read 0 comments Keith Thuerk
Theta Mainnet 3.0 goes live today June 30th 2021 Theta has been releasing lots of incremental improvements to lay the groundwork for their Mainnet 3.0 launch. In reality, 13-months to bring major advancements sounds reasonable to me. Theta has been...
30 Jun 2021 4 minute read 0 comments Vendata
Theta Mainnet 3.0, its main goal quoted as 'introducing TFuel Staking & Uptime Mining,' is set to launch in coming hours as its native tokens Theta Network (THETA) and Theta Fuel (TFUEL) drop. Brief Analysis THETA over the past year has had a similar...
28 Jun 2021 1 minute read 2 comments TrocProcLock
The Theta network is by far one the few great blockchains ever created. I am not going to get into why and how but you can go back through all my Theta articles and see for yourself! The Theta blockchain as a whole has a side meme that has officially...
