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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:
26 Jan 2021 1 minute read 0 comments dexpartacus
Parleremo inizialmente di Polkadot, Cardano, REN, Chiliz, Theta e Terra Virtua per poi dare spazio alle vostre domande sulle vostre Criptovalute preferite! Momenti Chiave: 0:22 Intro13:38 Terra Virtua22:09 REN32:24 Chiliz46:01 Polkadot59:01 cardano1...
25 Jan 2021 1 minute read 0 comments moon333
Hey friends, hope you are well, and welcome to the new update on Theta coin. Previously we have seen that on a 12-hour chart the price action was expected to complete the final leg of bullish BAT. Now finally the price action completed the leg an...
24 Jan 2021 1 minute read 0 comments kdrtysz
WHAT IS THETA? Theta is a platform that focused on the video, and streaming industry. To solve problems, they aim to use the way that Youtube did in 2005. With the help of some improvements and revolutionize attempts they aim to reduce expenses on HD...
23 Jan 2021 1 minute read 1 comment drummis
Objective: We will participate in the Theta network to share our unused Internet bandwidth and computational power to help grow the Theta network and improve the experience and quality of video streaming. As a reward for this, we will receive once a...
18 Jan 2021 1 minute read 3 comments moon333
Bull flag formation: In the US Dollar market, the price action of Theta has formed a bull flag. Here the priceline is re-testing the exponential moving averages with the time period as well. And if the priceline breaks out the channel that has bee...
18 Jan 2021 1 minute read 0 comments Keith Thuerk
Theta to take on Transcoding Market 1pm update 01/18/21 - My Theta Edge node has already taken a Transcoding job and completed it. I earned 0.9534 TFUEL. Not bad for one job if you ask me! Theta Recap - Theta is a leading decentralized blockchai...
16 Jan 2021 1 minute read 0 comments TrocProcLock
I have been staking for little over half of a month. I wanted to to start the month fresh and see how much I could earn through the month of January. It has been half of the month already so I wanted to give an update on my progress. I know staking...
8 Jan 2021 1 minute read 1 comment Keith Thuerk
Theta labs has a new Alliance lead at Samsung Next What happened? Samsung Next has promoted Patrick Chang to lead their Alliance team working with Theta Labs What is Samsung Next? Is the investment arm of Samsung, that partners and invests in inno...
6 Jan 2021 1 minute read 11 comments TrocProcLock
So I just wanted to give an update to all of you. I started staking my TFUEL in the Edge Node. I have had it running a while but wanted to crunch the number for you guys. I started with staking 10,350 TFUEL. I didn't want to do the bare minimum of 1...
6 Jan 2021 1 minute read 0 comments moon333
Hi friends hope you are well and welcome to the new update on Theta coin. Road map available now: 1st of all I would like to tell you that the road map of Theta coin is finally now available after the tweet by Theta Network as below: https://tw...
