Theta (THETA)

349 Articles 25 Followers

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

2021 Roadmap for Theta - Released

5 Jan 2021 1 minute read 1 comment Keith Thuerk

2021 Roadmap for Theta - Released   Who among you was impressed by all the milestones met by Theta in '20? I know I was impressed and look forward to many great things this year!   Theta has revealed their ambitious plans for '21 there are as follows...

Token Theta soars in price and brings a new update

3 Jan 2021 1 minute read 0 comments Makingdigital

Theta network is a protocol focused on entertainment and leisure, allowing users to enjoy digital content, such as Esports, sports competitions, video games or interviews, using the blockchain network. The native token THETA has experienced an increa...

You can Stake your TFUEL now!

2 Jan 2021 1 minute read 2 comments TrocProcLock

Alright guys, this is a big one so buckle up. I was casually just logging into my PC that runs my Theta Edge Node and I saw a new option on the left hand side. Stake TFUEL! Before we dive to far into it lets get a little background into Theta. The M...

Bullish Move Of THETA Invalidated All Speculations It Is Realistically Going To Surpass $50 In 2021

30 Dec 2020 1 minute read 0 comments moon333

  Hey friends, hope you are well and welcome to update on Theta coin.   Breaking out the channel: The price action of Theta has broken out the long-term bullish channel, now it can form another channel or any other pattern above the previous channel...

Theta Token Minter is Live

28 Dec 2020 1 minute read 0 comments Keith Thuerk

Theta Token Minter is Live   The Theta Ecosystem continues to evolve, this evolution allows for any user can create new TNT-20 tokens on Theta blockchain with no smart contract experience needed. What is required? You will need to know the decimal nu...

Theta - broke a $1 today, next stop $3

22 Dec 2020 1 minute read 0 comments Keith Thuerk

Theta - broke a $1 today, next stop $3   Theta has had an amazing pandemic year, with tons of innovation released which has helped Theta break onto the Scene! From a price perspective it has been nothing short of amazing - check it out on a linear sc...

Theta Wallet Chrome extension now available in Chrome Web Store

21 Dec 2020 1 minute read 2 comments Keith Thuerk

Theta Wallet Chrome extension now available in Chrome Web Store   Theta is on a roll this month, here is another announcement from the productive Theta team. The Theta Wallet Chrome extension!  They have combined the functionality of Metamask with th...

How to Run a Theta EdgeCast Node and Earn t-fuel

21 Dec 2020 5 minute read 1 comment Mamaecrypto

In this write up I plan to showcase all the necessary steps necessary to set up the new Theta EdgeCast node. The process is fairly simple and I will cover details that I think it is important to focus on to avoid mistakes. In my case, I managed to ma...

TFUEL Mining Update - Theta Edge Node

20 Dec 2020 3 minute read 4 comments TrocProcLock

Based on my previous TFUEL articles I feel like the Publish0x community loves earning TFUEL. So lets go with a new update to "mining" TFUEL. It all started with the pre-guardian node way back when. It was simple and easy to earn a "butt-load" of TFUE...

Theta Realistically Going To Hit $10 In 2021

18 Dec 2020 1 minute read 0 comments moon333

  Hey, friends hope you are well and welcome to the new update on Theta coin. The Ichimoku bullish cloud became more strong bullish: In my previous article, we saw that on the weekly chart, the Ichimoku cloud was changed bullish and the price action...