Theta Token (THETA)

  • Market Cap: 33,848,048.00
  • Available Supply: 710,502,689.00

  • Last Price: 0.0478
  • Total Supply: 1,000,000,000.00

THETA introduces a new Decentralized Streaming Network (DSN) and Theta, a new blockchain and token as the incentive mechanism for the DSN. DSN and the Theta protocol solve various challenges the video streaming industry faces today. First, Theta tokens are used as an incentive to encourage individual users to share their redundant memory and bandwidth resources as caching nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional stream delivery pipelines, especially for high resolution high bitrate 360° virtual reality (VR) streams."

Website Whitepaper