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

Great News!!! Theta And TFUEL | Massive Breakout Before Theta Mainnet 3.0

7 Jun 2021 1 minute read 0 comments moon333

Hi dear friends, hope you are well and welcome to the new update on Theta and Theta Fuel (TFUEL)   Theta Mainnet 3.0: The Theta Mainnet 3.0 is scheduled to be released on the 30th of June, therefore Theta and Tuel both can make big moves before this...

Non Fungible Tokens you should keep tabs open

2 Jun 2021 1 minute read 0 comments Defiant Pathfinder

Non Fungible Tokens(NFT) are new emerging tokens which started gaining popularity recently and they are used for art and content creating and also to prove ownership as the holder will have ownership rights. I came up with the top 4 fungible tokens o...

Theta Network - Explained

2 Jun 2021 5 minute read 0 comments EverythingBlockchain

In my quest of simplifying some of the ground-breaking technologies in the blockchain ecosystem, today I bring to you- Theta Blockchain a decentralized video delivery network aimed at revolutionizing the way we consume content on the internet. Addres...

The Raging Bulls are now taking charge on Chainlink, Polygon, THETA & EOS

1 Jun 2021 1 minute read 2 comments Defiant Pathfinder

Lately the crypto market has been showing signs of recovery after an atomic bomb was dropped on the crypto currencies and we saw then fall losing close to 50% of their value. There is no doubt some might investors have thought this might be the end o...

Theta expands Ecosystem onboards CAA a Global Agency Powerhouse

28 May 2021 1 minute read 0 comments Keith Thuerk

Theta expands Ecosystem onboards CAA a Global Agency Powerhouse Its been a minute since I posted anything about Theta.  I believe they have been pulling back to explode out like a compressed spring!  Top talent and sports agency Creative Artists Age...

The Magnificent Seven: TFUEL, THETA, HNT, MATIC, CEL, ENJ, UNI — Biggest Gainers from May 21st to May 28th

28 May 2021 2 minute read 0 comments 0xJonnyDee

In this article, I will take a look at the seven altcoins that increased the most over the past seven days (May 21st - May 28th). Note these are top gainers in top 100, there are other projects that have gained more that have smaller market caps.  Th...

Theta formed bullish Shark for upto 79.5% rally

21 May 2021 1 minute read 0 comments moon333

Hi friends, hope you are well and welcome to the new update on Theta coin.The previous trade setup of Theta produced nice profits: https://www.tradingview.com/chart/THETAUSDT/AiEDRTbO-THETA-formed-bullish-Gartley-A-good-long-opportunity/    After ex...

SAP Software Experiment with Theta

14 May 2021 2 minute read 0 comments Tomadachi

Last week, Andrew Lunde - a solution architect for SAP's Independent Software Vendor partner program - published a preliminary article discussing the case for using the Theta Network in emerging areas of enterprise applications. Theta themselves late...

Events slated for next few months to impact Year End

13 May 2021 1 minute read 0 comments Keith Thuerk

Events slated for next few months to impact Year End Let's start with the Crypto Roadmap items: Theta Mainnet 3.0 - June 30, I expect Theta to start to move prior to the 3.0 go-live date BTC - Taproot brings the most significant upgrade to BTC since...

CryptoDiffer lists $AIOZ as #4 greatest ROI for tokens released since March. Should you care?

12 May 2021 2 minute read 2 comments EatTheBugs

TL;DR I think you should.  I've been following since early March and I have seen a wide array of changes, not just from the team pushing out updates to the node and their AIOZ tube platform, but an evolution in the AIOZ tube community at large. dCDN...