Theta Network (THETA)

Theta has a price of $ 1.27 with a marketcap of $ 1.30 B. It ranks number 44 of all cryptocurrencies.

Theta (THETA) is a blockchain that is a powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.

Theta features its own native token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.

Developers say that the project aims to shake up the video streaming industry in its current form — centralization, poor infrastructure and high costs mean that end users often end up with a bad experience. Content creators likewise earn less revenue due to the barriers between them and end users.

theta-tokenTheta Network
$ 1.27

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