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

High Value Doesn’t Always Equate To Legitimacy

2 Oct 2020 2 minute read 20 comments Scott Cunningham

There is a misconception in investing whether it’s crypto or stocks that something of high value must only be a high value because it’s successful and thus legitimate. I want to break down why this is absolutely not the case. Whether we look at Hert...

Theta and LINE Blockchain

30 Sep 2020 1 minute read 0 comments Keith Thuerk

Theta and LINE Corp Theta and LINE Corp (AKA LINE Blockchain) team up to bring you Theta.TV for LINE a new Video service targeting countries in SE Asia. Another solid foundation component bringing Theta further into the forefront for eSports, Gaming,...

Theta Fuel (Tfuel) Is Ready For Another Upto 250% Move Watch This Amazing Pattern With Targets 30 September 2020 Testnet Smart Contracts

27 Sep 2020 2 minute read 7 comments moon333

Hey, friends hope you are well. In my previous article on Tfuel I posted two charts. One was with US dollar pair and the other was with Bitcoin pair. In both charts, the price action of Theta fuel formed a bullish Gartley pattern on the 4-day chart....

Theta - Sets new High

25 Sep 2020 1 minute read 0 comments Keith Thuerk

Theta - Sets new High,   Over the past couple of days and weeks, Crypto's have been beaten down, and steadily Theta has resisted most of the beatings. Over the past two weeks it touched $0.61, then yesterday is broke through $0.63.  When I got up thi...

Theta Network to host Binance esports Tournament - Battle of Asia 2020

16 Sep 2020 1 minute read 0 comments Keith Thuerk

Theta Network continues to sign-up major alliance partners,  yesterdays Binance esports Tournament announcement was no slouch either! Binance's Battle of Asia 2020 tournament starts soon - September 22nd.   Binance will leverage Theta.TV & their own...

Crypto Correction Over, Resume Ascent: $THETA, $DIVI, $LEND, $UMA $ALGO, FLEXA, $AMP, $DMG

13 Sep 2020 1 minute read 1 comment Aware1

The overall crypto market experienced a pretty significant correction last week which saw the price of Bitcoin drop below $10,000, but over the course of the week, the market has stabilized and now looks to be once again headed higher as some of the...

Sale in the Crypto Market: Ultra $UOS, $THETA, $DOT, $AKRO, $ONT, Elrond $EGLD, $CRV, Helium $HNT

7 Sep 2020 1 minute read 0 comments Aware1

A check-in on the crypto market after a few red days that saw an $80 billion decrease in the total cryptocurrency market cap. To the seasoned crypto trader, these pullbacks are expected and par for the course. What the pullback has really done is pu...

Theta Resources

5 Sep 2020 1 minute read 0 comments Keith Thuerk

Theta Resources When I am learning something new I always try to find as many different sources and read and learn as much as I can about a topic. I captured and detailed out Theta resources i have come across and listed below to save you time and ef...

Theta Network Basics in bite size pieces

5 Sep 2020 1 minute read 0 comments Keith Thuerk

Theta promotes itself as a network powered by you. But what does that really mean? Theta a Next Generation Video delivery network that leverages the power of peer-peer network bandwidth sharing. You participate and help the network scale and security...

THETA the hidden crypto gem.

21 Aug 2020 1 minute read 2 comments KhangsingC

For full transparency I hold THETA and am still actively accumulating until 1 USD is reached and only then I will stop buying THETA. This project is being slept on very heavily in my point of view, it has a marketcap of 364 million USD which barely m...