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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:
23 Mar 2021 1 minute read 0 comments ampersandninja
Theta Network has seen some huge growth over the last few days as it overtook LINK as the 10th biggest market cap now sitting a little over $12b at the time of writing. Value of the native token, THETA, has grown over 80% in the last seven days and i...
23 Mar 2021 3 minute read 0 comments bitcoinflood
In this article I will be going over the core platform right now for Theta which is Theta.tv The gaming community is huge and grew by leaps and bounds over the last year while everyone was in lock down. We also saw random bans, suspensions and so for...
22 Mar 2021 1 minute read 1 comment moon333
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21 Mar 2021 1 minute read 2 comments Aware1
A quick look at some of the coins that have caught my eye in recent months and hold long-term potential. Some of the coins covered include the blockchain-based video streaming platform Theta (THETA), the data-focused Ocean protocol (OCEAN) and its P...
20 Mar 2021 2 minute read 0 comments ampersandninja
Theta is a blockchain created by Theta Labs as a video delivery network looking to build off the success of platforms like Twitch in a much more decentralized manner. Users can watch videos or streams and offer unused bandwidth to relay the content t...
18 Mar 2021 1 minute read 0 comments LifestyleGuerilla
"Out of curiosity I dug into how NFT's actually reference the media you're "buying" and my eyebrows are now orbiting the moon" https://twitter.com/jonty/status/1372163423446917122 This thread is well worth the read... This thread in a nutshell expose...
16 Mar 2021 1 minute read 3 comments Keith Thuerk
Theta awarded 2nd US Patent - Ultra High Transactions Theta has not one but two US Patents, many many more are awaiting approval too. The newest patent number is U.S. patent number 16/10951675, which builds upon Theta's first patent 16/771524, which...
12 Mar 2021 5 minute read 9 comments MintDice.com
In recent weeks, since the Bitcoin spike which started happening in November 2020, the top charts for cryptocurrencies has been in the middle of a massive transformation. And this has led to a number of relatively unknown alt coins making the top cha...
12 Mar 2021 1 minute read 0 comments Keith Thuerk
Theta Elite Node in Beta on V3.0 Testnet Theta is rapidly approaching V3.0 implementation, with that comes a handful of new features and functions. Recall Mainnet 3.0 has a go live date of April 21st '21. One of which is Uptime mining, which as you...
10 Mar 2021 2 minute read 0 comments LifestyleGuerilla
Back in January of 2018, weeks after the entire cryptocurrency market began tumbling down and the ICO craze was fizzling out, Theta token launched their ICO. Decentralized video delivery network, sounded great right? But it launched during a sea of r...
