WHAT IS THETA TOKEN (THETA)?
Theta Tokens work as a long-term sustainable incentive mechanism to motivate all stakeholders to participate in the DSN. Theta is the only end-to-end clarification for decentralized live video streaming, providing both technical and economic solutions. Theta’s decentralized peer-to-peer network will improve video delivery while decreasing the cost of doing so. Creating an end-to-end infrastructure for decentralized video streaming is something to look forward to.
THETA TOKEN (THETA): HISTORY
The project’s advisors include Steve Chen, a co-founder of YouTube, Justin Kan, co-founder of Twitch, Fan Zhang, a founding member of Sequoia Capital China, and many more. The project’s investors include Sony and Samsung. The team raised $16 million in equity funding and launched Theta in 2017. A public ICO was scheduled for January 2018 but was canceled partly from legal concerns. Theta was listed on exchanges starting January 17th.
HOW DOES THETA TOKEN (THETA) WORK?
Theta aims to solve all streaming problems by proposing decentralized video streaming above blockchain technology. In the end, the streaming experience will be fluid and of high quality. The cost of delivering video streams will be decreased, and viewers will earn Theta Tokens as a reward for viewing content. Furthermore, tokens can be obtained when sharing bandwidth and resources as part of this network. The dApps created on top of this platform can tackle various industries, ranging from eSports to movies, education and even enterprise conferencing. Whether or not this decentralized streaming network will ever gain significant traction has yet to be determined, however.
HOW TO BUY THETA TOKEN (THETA)?
Buying Theta Token is a two-step process. First, head over to Coinbase and purchase Bitcoin or Etherium which accepts debit or credit card. If Coinbase is not available in your jurisdiction, view our list of markets that sell BTC or ETH for Government issued money. Next, transfer your newly purchased BTC or ETH from your Coinbase wallet to one of the exchanges like OKex/ Huobi. The user can store the coin in Trezor/ Ledger Wallet/ MyEther Wallet.
THETA TOKEN (THETA) PRICE PREDICTION 2018
Theta Token is not that much promoted yet. But as the popularity of cryptocurrencies is increasing day by day, we can expect a great variation in the price of THETA. At present, THETA is a lousy long-term investment option. If the user is looking for virtual currencies with a good return, THETA is a bad option. The Theta Token price today is $0.166 and the market cap value is $98,020,620. The volume is marked as $17,505,700, and the current supply is 588,083,732 THETA.