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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 May 2020 3 minute read 0 comments Wishiknew
Theta tokens is the tokens that power a new generation of decentralised video streaming platform. The key problem it solves is to reduce the cost of delivering video by using viewers unused bandwidth and computing resource. If you are a live streame...
26 May 2020 2 minute read 1 comment Kavi
Theta network is all set to make the platform decentralised through launching mainnet 2.0 where the process of staking will be changed and will no longer will be controlled by single entity or community. The core focus about this project is i...
26 May 2020 7 minute read 34 comments Brawnd0
Well, it has been a while since I have posted anything here because I needed a little break from all of the crypto madness. Nevertheless, I am back and will start posting things once in a while for you guys seeing as you do like to read my posts! The...
25 May 2020 1 minute read 11 comments Jakonfire
How to set up Theta Edge Node - Share your Bandwidth and earn TFuel Theta and Tfuel are pumping the last days and I saw a lot of crypto interested people asking how to contribute to this evolution. So today I present you an easy Way to earn Tfuel w...
25 May 2020 4 minute read 9 comments moon333
Why traders are interested in Theta and the launch of mainnet 2.0: Hi friend hope you are doing good. Today I want to talk about Thetafuel coin that is the native token of Theta blockchain. If we visit their website then we can see that only 2 days a...
25 May 2020 1 minute read 2 comments MichaelMS
TFuel has COMPLETELY exploded. It makes no sense HOW BIG it has gotten. TFuel is a GAS token for the Theta network. It is earned by watching live streams on Theta.tv by sharing your bandwidth with other viewers. It is also earned by caching streams o...
24 May 2020 4 minute read 5 comments poopster
So recently there have been a lot of developments with the Theta network and the price has begun to soar. Tfuel, the secondary token that the network mainly uses for gas fees, was lagging Theta token at first but is now starting to catch up. On Feb...
22 May 2020 3 minute read 4 comments XawPublish
Some comments about a recent article I wrote about my crypto interest in April recommended to invest in staking Tezos and Cosmos tokens. So, I've searched those tokens and the easiest way of implementing staking for my personal case. As already clien...
21 May 2020 9 minute read 18 comments MuyAsk
Hey guys :) I’m back with another comprehensive Q&A piece, this time for the popular decentralized streaming network, platform, and token – Theta (THETA). Theta is a next-generation video delivering platform powered by a decentralized peer-to-peer bl...
26 Apr 2020 5 minute read 72 comments Scott Cunningham
I recently shared why I don’t recommend the Theta network or using their platforms. Many Theta enthusiasts were understandably upset. I wanted to make sure I corrected a few things, but if you can’t withdraw your tokens as a regular user I would stay...
