Theta Network
THETA
$ 2.29
0.00007100 BTC
Marketcap
$ 2,282,195,757
Volume (24h)
$ 279,670,006
Circulating Supply
1,000,000,000 THETA
Total Supply
1,000,000,000 THETA

What is Theta Network?

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. More importantly, by introducing tokens as an end-user incentive mechanism the Theta Network allows video platforms to deepen viewer engagement, drive incremental revenues, and differentiate their content and viewing experience from their competitors.

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THETA

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