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

TFuel has mooned (600% in the last 7 days)

25 May 2020 1 minute read 2 comments MichaelMS $0.17

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...

Tfuel and Theta could be the next lottery ticket, here's why... UPDATE

24 May 2020 4 minute read 5 comments poopster $0.15

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...

Analysis of the "simplest way to stake" with Binance

22 May 2020 3 minute read 4 comments XawPublish $0.10

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...

Top Things You Should Know About Theta (THETA)

21 May 2020 9 minute read 18 comments MuyAsk $7.56

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...

Why I Don’t Recommend The Theta Network

26 Apr 2020 5 minute read 72 comments Scott Cunningham $0.90

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...

What is Theta & TFUEL - A Beginners Guide

14 Feb 2020 6 minute read 42 comments TrocProcLock $1.14

Preface: I thought getting into Theta was going to be a simple quick guide but this has turned out to be more complex then I initially thought. Also I have made Beginner's Guides to Cosmos(ATOM) and LOKI so check those out if you are interested. So...

Tfuel could be the next lottery ticket, and it can be mined with a laptop...

12 Feb 2020 3 minute read 35 comments poopster $0.13

About this time last year i ran across what looked like a pretty cool video game streaming platform called Theta.tv. I found a couple streamers i enjoyed watching and i was hooked. What i didn't know was that Theta was not only a streaming platform b...

THETA: The future of video content delivery

19 Jan 2020 11 minute read 30 comments Cryptodeepdive $1.71

The days of only being able to watch whatever is programmed onto one of the mere three available tv-stations have been reduced to a thing of the past. While commercial broadcasters are spinning their heads trying to figure out how to hold onto whatev...

How to setup PGN and mine TFUEL (Pre-Guardian Node)

8 Jan 2020 4 minute read 234 comments TrocProcLock $0.52

A little history on what TFUEL is. Theta is the governance token of the Theta Protocol. TFUEL is the operational token of the Theta Protocol. TFUEL was created on March 15th, 2019 when Theta entered mainnet. Right now there are 2 ways to earn TFUEL....

Sliver.tv and how to earn TFUEL

6 Jan 2020 6 minute read 4 comments TrocProcLock $1.17

Sliver.tv in short is a esports streaming website where you earn TFUEL (cryptocurrency) as you watch. Before I get into everything about Sliver how about a little history lesson on what exactly is TFUEL. When Sliver.tv first came out they used the T...