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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:
24 Jun 2021 3 minute read 1 comment TrocProcLock
I was scrolling through Reddit last night when I came across this gem. And to be honest at first I was just like "oh okay they got another patent cool". But it wasn't until I found out what it did that I realized how much of a game changer it is. On...
24 Jun 2021 1 minute read 1 comment Keith Thuerk
Theta Awarded US Patent for DRM of NFT's Theta scored another US Patent this one is for DRM (Digital Rights Management) for NFT's in a decentralized network! Why is this important? The new patent opens the flood gates for global content brands to s...
23 Jun 2021 2 minute read 0 comments moon333
Hey dear friends, hope you are well, and welcome to the new update on Theta and Tfuel coins. Release of Mainnet 3.0: only 7 days are left in the release of Theta Mainnet 3.0 and we have already seen that Tfuel has broken out the resistance and ral...
17 Jun 2021 1 minute read 0 comments Keith Thuerk
Theta Adds 9th Enterprise Validator Node - DHVC Who are they? Theta added DHVC as their 9th Enterprise validator. DHVC is a Venture Capital Firm based out of Palo Alto, California and has an office in Shanghai, China. DHVC participated in Series...
15 Jun 2021 3 minute read 7 comments paragism
Theta Network is a next-generation video delivery network. The blockchain of Theta is the only available end-to-end infrastructure for decentralized video streaming and delivery. Theta was purpose-built for video and data relaying and the mainnet was...
12 Jun 2021 2 minute read 1 comment moon333
Hey friends, hope you are well, and welcome to the new update on Theta and tfuel. Theta Mainnet 3.0: As we know that we have a significant event on the 30th of June that is the release of Theta mainnet 3.0, therefore, the price action of Tfuel is al...
9 Jun 2021 1 minute read 0 comments BigbyWolf
Pick 1 Pick 2 Pick 3 Pick 4 Pick 5 If you'd like to join the AscendedEX exchange to purchase any of the above coins, I'd appreciate it if you'd use my referral link https://ascendex.com/register?inviteCode=VQITO8FF The information provided i...
9 Jun 2021 3 minute read 13 comments TrocProcLock
I have written many posts on TFUEL and the Theta Network. I am not looking to write another article on why you all should have some TFUEL or THETA in your portfolio. What I do want to write about though is that I was right in you should have TFUEL in...
9 Jun 2021 1 minute read 2 comments Kavi
In 2020,March I bought Theta coin in just $0.30 and hold for next 3 months but i could not find anything interesting about the project and sold all 11000 Theta at $0.40. It was my big mistake and i am still feel bad about it because my research abou...
8 Jun 2021 6 minute read 0 comments EverythingBlockchain
I love writing about the projects that inspire me. It helps me to learn myself and then educate others at the same time. I always look forward to breaking down the complicated pieces of the puzzle into simpler, more understandable form. Theta is one...
