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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

Competitive Applications That Also Provide Crypto Rewards Part 2 – Lbry.tv and Theta.tv

9 Mar 2021 3 minute read 0 comments Ana Dantra

This is the second part of a series of articles where I explore websites in the blockchain ecosystem which are actually useful in their own right and have crypto rewards as part of their charm (see the first article here). I believe this is an intere...

3 Altcoins To Keep Tabs On — CHZ, MANA, THETA | KuCoin Weekly Review Issue #11

8 Mar 2021 2 minute read 11 comments KuCoin Blog

After a few weeks of huge gains and drops, this week could best be characterized as calm. Well, calmer, at least. BTC was able to reach back up to $52,618 during the week, before ultimately settling closer to the $51,645 mark. Things were a bit more...

Kucoin now selling - Theta - US Investors rejoice

7 Mar 2021 1 minute read 0 comments Keith Thuerk

Kucoin now selling - Theta - US Investors rejoice Update 03/08/21 -    After the price of Theta on KuCoin started trading 10% higher than all other exchanges, KuCoin has abruptly stopped all deposits & withdrawals of THETA!   Theta...

The Magnificent Seven – Biggest Altcoin Gainers Over the Past Week (Feb 26th - March 5th)

5 Mar 2021 3 minute read 7 comments pheonixdown-dee

The biggest altcoin gainers are: Chiliz (CHZ) – 146% Enjin Coin (ENJ) – 106% Theta Fuel (TFUEL) – 92% Decentraland (MANA) 57.3% THETA (THETA) – 48% NEM (XEM) – 45% Basic Attention Token (BAT) – 43%   Chiliz (CHZ) CHZ was the biggest gainer from las...

Theta keeps the updates rolling - new protocol V2.2.0 released

4 Mar 2021 1 minute read 0 comments Keith Thuerk

Theta keeps the updates rolling - new protocol V2.2.0 released What a year 2021 has been for Theta (aka Theta Labs) another new major movie alliance, yet another Enterprise Validator partner (https://www.publish0x.com/theta-network-basics-in-bite-siz...

What I am Thinking About in Crypto Today

3 Mar 2021 2 minute read 6 comments BryRi

One of the channels that I really enjoy on Read.cash is the "freewriting" group. Even more exciting is that you can apply this approach to whichever platform you enjoy be it Publish0x, Uptrennd, Lbry.tv (yes you can blog on LBRY) & any of the other p...

The Theta Network and Edge Node Profits for February.

3 Mar 2021 3 minute read 49 comments TrocProcLock

If you have been reading my articles or following me for some time then you will know that I love the Theta Network. I think Theta is a crypto currency focused company that is actually changing the landscape and making a name for themselves and will...

Theta Updates - Sony Europe Enterprise Validator

2 Mar 2021 1 minute read 2 comments Keith Thuerk

Theta Updates - Sony Europe Enterprise Validator   Today news leaked that Sony Europe will soon be an Enterprise Validator. They will be the 14th Validator on the Theta Blockchain,   These 14 Validator nodes already account for 301M out of the 1B sta...

My Top Nine Picks for Aspiring Crypto Coins for March

2 Mar 2021 5 minute read 4 comments pheonixdown-dee

This article will take a look at nice cryptocurrencies which have interesting developments lined up for the month of March, which could also have a positive effect on their price.   1. Cardano (ADA) Current Price: $1.23 Market Cap: $39 billion M...

Watch Streams, Earn Crypto

27 Feb 2021 1 minute read 0 comments Dr.Mayhem

    We all enjoy watching a live stream here or there.  I usually watch most from my mobile device.  Live streaming has become a beast of its own in entertainment and on the internet lately.  It’s well known that famous streamers can make good money...