Theta is a user-powered, decentralized video distribution network built on the Theta Network blockchain. It aims to increase video streaming quality and compensates users who contribute computing power and bandwidth resources for video streams. Its value proposition is to reduce the cost of content delivery networks by effectively creating a peer-to-peer mesh network of shared content and solving the "last-mile" delivery problem, the main bottleneck for traditional content delivery. THETA is the governance token used for staking, and it also represents a voting share on protocol decisions.
Theta's future looks bright. This initiative is well-funded and has significant partnerships with industry leaders and advisors. Theta is confident that its decentralized streaming platform can effectively reduce data packet round trip time while improving overall delivery quality. Using the Theta platform can help content providers reduce bandwidth costs and improve distribution efficiency, making more innovation and new business models possible since video platforms no longer need to invest in expensive infrastructure. Doing so can help make the next generation of streaming a reality.
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THETA is aon its own,uses to validate transactions,and is.THETA also supports.
Interesting facts about THETA
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Theta's micropayment system allows content consumers and creators to send and receive THETA.
THETA EdgeCast is the first decentralized video streaming Dapp built on THETA's native blockchain technology.
Theta is based on a two-token system. The governance token, THETA, and the operational token, TFUEL.
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THETA price and insights
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0% feel totally fine about THETA today
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0% say the development team is great
0% say the community is great
Market capitalization Very small
24 hour trading volume Very small
Market cap % of total Very small
# Discord members 25,074 6% of them are active
# Telegram members 10,192 4% of them are active
% of total supply circulating Very small
What’s the community like?
Community matters for projects like THETA, because an active community drives the development of use cases for a blockchain project. The more people are active, the better to have healthy discussions and create something valuable.