Presentation of Theta Cryptocurrency

Related financial instrument : THETA NETWORK
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What is Theta?



Theta is a video content streaming platform based on the blockchain system. The principle is obviously to decentralize all available video content.

theta cryptocurrency
The platform is a subsidiary of Sliver.tv and claims to want to increase the quality and delivery speed of video content by relying on this well-known blockchain system. The goal is to reduce the cost of using bandwidth, avoid any bad user experience and lags, and especially to be able to distribute new generation video content more easily, such as very high resolution and virtual reality.
The current streaming infrastructure is becoming too complex and encounters more and more blockages. Loading times are longer and longer, lags persist and costs increase with the broadcast of HD videos.
Using this platform, all users, streamers and viewers enter into a direct relationship and each of them are paid in order to develop network loyalty. Theta tokens will then function as a reward. For example, viewers who have some unused bandwidth will be able to send content and receive remuneration in exchange.

The platform is fully open source and therefore open to all developers and partners.

One of its main strengths is the team behind the project. It includes Steve Chen, co-founder of YouTube, Justin Kan, co-founder of Twitch and Dennis Fong, CEO of Plays.tv.

There are also a number of particularly important and prestigious partners such as Sony and Samsung. Samsung VR has also joined the Administrative Board.

Web Internet: https://www.thetatoken.org/


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