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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

Daily Thoughts Heating Up #3 - Theta Network

11 Feb 2021 2 minute read 5 comments BryRi

In keeping with the 10 minutes of free-writing everyday, I keep finding myself focusing on Theta Network. It's becoming more than a daily thought and I have to say it's not a bad thing. On the surface when I first came across Theta, I was not quite s...

Theta Welcomes Lionsgate

10 Feb 2021 1 minute read 0 comments Keith Thuerk

Theta Welcomes Lionsgate    Who is Lionsgate?  They have over 17K Films including Hits like John Wick, Blair Witch, Now you see me, Hunger Games and the wildly successful STARZ platform.   Theta.TV Streaming will start with hits like American Psycho,...

Theta Fuel - The power of Decentralized Streaming

9 Feb 2021 1 minute read 0 comments Makingdigital

We are aware that the situation we are experiencing with the pandemic has restricted the free movement of people on the street, which has forced us to spend more time at home. Because of this, many people seek entertainment online and streaming audio...

Gathering forces of TH! THETA and THORCHAIN

6 Feb 2021 2 minute read 5 comments theatdhe

Don't you even dare to judge the cover image I chose! Let's just start there.I had to make something different because I'm really tired adding sources for the images. Check out my last post! Waves and KCS did pretty well :)Also no need to thank me!...

ThetaSwap V1 - released

5 Feb 2021 1 minute read 1 comment Keith Thuerk

ThetaSwap V1 - released DEX recap - decentralized exchange (DEX) have experienced incredible growth in the past 12 months. Partly as DEXs evolved away from slow, clunky interfaces to easy-to-use sites protocols etc. DEX now have a volume north of $2B...

Theta Has Reached The End Of Bull Flag For Big Move

3 Feb 2021 1 minute read 0 comments moon333

  Hey friends, hope you are well, and welcome to the new update on Theta coin.   A powerful rally and sideways move: After the powerful rally, the price action of Theta is moving sideways since 2nd Jan 2021. 1st it was moving in the parallel channel...

What I earn Staking TFUEL and running Theta Edge Node in a month

2 Feb 2021 2 minute read 0 comments TrocProcLock

So it has officially been over a month since I have been running the Pre-Elite Edge Node and staking TFUEL with it. I have been waiting for this day to be able to give you a more overall opinion on it. I will always be a believer and supporter in the...

Role of Peer-to-Peer in Web 3.0 - Theta Networks

31 Jan 2021 1 minute read 1 comment Keith Thuerk

Role of Peer-to-Peer in Web 3.0 - Theta Networks   As the internet continues to evolve it keeps that hope of centralization alive and well! A brief run down on where we have been - early '90's Internet was developed by Al Gore.  LOL.  Enterprises sta...

Buy High Sell Low - Why Are You Doing That?

28 Jan 2021 3 minute read 10 comments BryRi

Recently in a conversation with friends after a recent dip I couldn't help but comment: Buy High Sell Low - Why Are You Doing That?   Last 12 Months Unless you're been living under a rock for the last 12 months it may have been difficult to miss the...

Theta & World Poker Tour Unite

27 Jan 2021 2 minute read 2 comments BryRi

We all have been expecting the news to continue, just a question of when and where.  Now we see something exciting.  Theta & World Poker Tour Unite.   World Poker Tour Some background: "WPT Enterprises, Inc., is the creator of the World Poker Tour (W...