|Theta Token||Theta Token website|
|Brief||The Theta blockchain is the only end-to-end infrastructure for decentralized video streaming and delivery that provides both technical and economic solutions.|
|Last updated:||Wednesday, October 28, 2020 10:00:05PM UTC|
|Crypto Volatility Index (CVIX):||57|
|Current price, USD:||0.617586|
|Market capitalization, USD:||617 585 548|
|Available supply:||1 000 000 000 THETA|
|Volume 24 hours, USD:||25 976 717|
General THETA facts, technical details and general information about Theta Token crypto currency
THETA is an open source protocol that powers a decentralized streaming network. It will allow for decentralized apps (DApps) to be built on top of the platform to enable use cases that span esports, entertainment, and peer-to-peer streaming. SLIVER.tv’s DApp was the first application built on the Theta network leveraging its existing user base of millions of esports viewers.
In Nov 2018, Tencent Games announced a collaboration with SLIVER.tv to bring Theta rewards to Ring of Elysium players. The founding team has a combined 30+ years of experience in the video streaming space with advisors including Steve Chen, Co-Founder of YouTube, and Justin Kan, Co-Founder of Twitch.
The Theta Network and protocol solves various challenges the video streaming industry faces today. First, tokens on the Theta blockchain are used as an incentive to encourage individual users to share their redundant computing and bandwidth resources as caching or relay nodes for video streams. This improves the quality of stream delivery and solves the "last-mile" delivery problem, the main bottleneck for traditional content delivery pipelines, especially for high resolution high bitrate 4k, 8k and next generation streams. Second, with sufficient network density the majority of viewers will pull streams from peering caching nodes, allowing video platforms to significantly reduce content delivery network (CDN) costs.
Theta’s innovation is set to disrupt today’s online video industry much in the same way that the YouTube platform did to traditional video back in 2005. One of our biggest challenges had been the high costs of delivering video to various parts of the world, and this problem is only getting bigger with HD, 4K and higher quality video streams,” said Steve Chen, Co-Founder of YouTube. “I’m excited to be part of the next evolution of the streaming space, helping Theta create a decentralized peer-to-peer network that can offer improved video delivery at lower costs.
We list daily Theta Token historical data for the past 10 days
|Date||Open, $||Min, $||Max, $||Market cap, $|
|Oct 19||0.671183||0.631484||0.671183||631 483 705|
|Oct 20||0.632753||0.582017||0.639027||599 872 750|
|Oct 21||0.599177||0.599177||0.658222||652 738 746|
|Oct 22||0.640575||0.640575||0.668429||658 532 868|
|Oct 23||0.653649||0.628766||0.663258||637 479 200|
|Oct 24||0.636249||0.636249||0.723762||723 762 136|
|Oct 25||0.722305||0.691602||0.727075||694 296 033|
|Oct 26||0.695702||0.646380||0.711376||657 931 656|
|Oct 27||0.654895||0.636775||0.666446||648 765 955|
|Oct 28||0.655843||0.612538||0.656195||617 585 548|
|THETA price change 24 hours||-4.92%|
|THETA price change 7 days||-6.29%|
In spite of having such immensely powerful competitors in the face of Twitch and YouTube, THETA is doing quite well, proven by its 69th position on Coinmarketcap. Although it was designed to heed the needs of gamers and streamers, the coin displays...
Armored Sandwich November 11, 2019 THETA
THETA is still the shining coin. It's such a unique project that sheds light on the amazing use case in blockchain and cryptocurrencies. It's now more than ever that we need legitimate projects, and not scams that we see on a daily basis turning the...
Theo April 1, 2019 THETA
THETA is going to do big things soon. They're the only end-to-end streaming blockchain product and this means that it's only a matter of time until we see a Netflix or Amazon partnership. We already know that Netflix has been looking into blockchain...
Armando March 14, 2019 THETA
Theo February 27, 2019 THETA
Funny January 19, 2019 THETA
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