Theta is a blockchain-based decentralized video streaming platform. It’s built on the premise that all streams are served peer-to-peer, without any centralized servers required to store and deliver content. Theta token (THETA) is the platform’s official cryptocurrency which can be used for transactions in real time, enabling micropayments for small viewing sessions of videos on demand.
Interested in learning more about this innovative technology? Keep reading.
Theta is a decentralized video streaming platform that offers users the ability to watch high-quality videos without having to worry about buffering or lag time. THETA coin has been on the market since late September 2017 and, according to CoinMarketCap.com, THETA coins are currently priced at $0.077 per THETA coin with a total supply of 100 million THETA coins available for circulation.
THETA coin was developed by THETA Labs, a company that has been in the streaming industry for over 20 years. THETA coins are different from most cryptocurrencies because it is designed to function as an incentive system on its video-streaming platform and will be used primarily to reward viewers of live streams with THETAs when they view ads or watch sponsored videos.
Theta’s goal is to take advantage of the current lack of competition in decentralized video streaming while providing users with high-quality content at low data costs, which means no buffering or lag time between videos.
THETA is a token that has been integrated with the current video streaming infrastructure and THETA coins are already being used on THETA labs’ platform.
THETA Price today, THETAS has recently gained in value, bringing them to $0.07 per THETA coin as of June 2018. The total supply for this cryptocurrency currently stands at 100 million .
Theta Token (THETA): What is it?
The THETA coin is a new cryptocurrency that was developed by THETA Labs, a company based in the USA. THETA coins are designed to function as an incentive system on its video streaming platform and will be used primarily to reward viewers of live streams with THETAs when they view ads or watch sponsored videos.
The goal behind this project is for content creators to have reliable income while providing users with high quality at low data costs, which means no buffering or lag time between videos. Currently, THETAS can only be purchased through private exchanges but their ICO is scheduled for October 2018.
How to Buy THETA: A Step by Step Guide?
– THETA is not listed on any major exchanges
– THETA coins can be purchased through private cryptocurrency exchange websites, but ICO pre-registration requires a verified wallet address and Ethereum (ETH) to participate.
– THETAS is currently priced at $0.07 per THETA coin with a total supply of 100 million THETA coins available for circulation according to CoinMarketCap’s live price information
What Can You Do With THETAs?
THETAS can only be used within the THETA video streaming platform which means it cannot be exchanged or traded for other cryptocurrencies like Bitcoin or Ether without first converting them back into fiat currency via an online trading site such as Coinbase.
Reasons You Should Be Excited About Theta Token
The THETA project is designed to take advantage of the current lack of competition in decentralized video streaming while providing users with high-quality content and low data costs, which means no buffering or lag time between videos.
THETAs can only be used on this decentralized platform so they cannot be exchanged or traded for other cryptocurrencies like Bitcoin or Ether without first converting them back into fiat currency via an online trading site such as Coinbase.
THETA has been in the streaming industry for over 20 years which means it has a proven track record and is well-versed when it comes to creating content that people enjoy watching, meaning THETAs will continue to grow in value as the project becomes more successful. THETA’s ICO pre-registration requires Ethereum (ETH) so if you don’t already have some ETH, now might be a good time to get on board before THETAS become available through exchanges.
Interesting Facts about Theta Token (THETA)
– THETA is a token that was integrated with the current video streaming infrastructure and THETA coins are already being used on THETA labs’ platform
– THETA labs also have a project called Prometheus that will create an open-source library of THETAS so you could invest in THETA before it becomes available through exchanges or ICO pre-registration for its main platform opens up.
