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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

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...

Serata con le Altcoins!

26 Jan 2021 1 minute read 0 comments dexpartacus

Parleremo inizialmente di Polkadot, Cardano, REN, Chiliz, Theta e Terra Virtua per poi dare spazio alle vostre domande sulle vostre Criptovalute preferite! Momenti Chiave: 0:22 Intro13:38 Terra Virtua22:09 REN32:24 Chiliz46:01 Polkadot59:01 cardano1...

Theta Is Breaking Out The Resistance For Next Rally

25 Jan 2021 1 minute read 0 comments moon333

  Hey friends, hope you are well, and welcome to the new update on Theta coin. Previously we have seen that on a 12-hour chart the price action was expected to complete the final leg of bullish BAT. Now finally the price action completed the leg an...

THETA.TV

24 Jan 2021 1 minute read 0 comments kdrtysz

WHAT IS THETA? Theta is a platform that focused on the video, and streaming industry. To solve problems, they aim to use the way that Youtube did in 2005. With the help of some improvements and revolutionize attempts they aim to reduce expenses on HD...

How to install a Cache of the Theta network and get TFUEL as a reward

23 Jan 2021 1 minute read 1 comment drummis

Objective: We will participate in the Theta network to share our unused Internet bandwidth and computational power to help grow the Theta network and improve the experience and quality of video streaming. As a reward for this, we will receive once a...

Are You Still Looking At The BTC? While Theta Is Breaking All Records And Setting New All Time Highs

18 Jan 2021 1 minute read 3 comments moon333

  Bull flag formation: In the US Dollar market, the price action of Theta has formed a bull flag. Here the priceline is re-testing the exponential moving averages with the time period as well. And if the priceline breaks out the channel that has bee...

Theta to take on Transcoding Market

18 Jan 2021 1 minute read 0 comments Keith Thuerk

Theta to take on Transcoding Market   1pm update 01/18/21 - My Theta Edge node has already taken a Transcoding job and completed it. I earned 0.9534 TFUEL.  Not bad for one job if you ask me! Theta Recap -  Theta is a leading decentralized blockchai...