Streaming crypto
The THETA project is positioned in the streaming sector, which faces major challenges. He seeks to solve them and fulfill multiple objectives. First, the idea is to improve the quality of the videos available for streaming. Second, the team behind THETA is looking to come up with a solution to the very high infrastructure costs. And finally, the future blockchain wants to solve the problem of the market, which is currently very centralized. Indeed, it would harm the incomes of creators and their innovation. The main idea of THETA, therefore, is that if you are a streaming service user and have bandwidth or space available on your PC, you can make it available to the community. The project is supported by Steve Chen who is the co-founder of Youtube.
The Theta Token (THETA)
The first cryptocurrency in the ecosystem, the Theta Token (THETA) plays the role of governance token of the Theta protocol. This is used by the different types of nodes, which must stake a certain amount in order to function and contribute to the governance of the protocol. In addition, by running a node, users earn TFUEL tokens in proportion to the number of THETA tokens staked. The maximum number of THETA is limited and has been set at 1 billion units.
You can invest on THETA through these platforms: