What's This??? Theta


THETA (THETA) is an open source protocol that powers a decentralized streaming network.


  • It will allow for decentralized apps (DApps) to be built on top of the platform to enable use cases that span esports, entertainment, and peer-to-peer streaming.


  • SLIVER.tv’s DApp was the first application built on the Theta network leveraging its existing user base of millions of esports viewers.


  • In Nov 2018, Tencent Games announced a collaboration with SLIVER.tv to bring Theta rewards to Ring of Elysium players.


  • The founding team has a combined 30+ years of experience in the video streaming space with advisors including Steve Chen, Co-Founder of YouTube, and Justin Kan, Co-Founder of Twitch.


Next generation video delivery powered by you.

Open Source Platform


Open-source network & protocol

  • Open to all developers and partners to build on the Theta network.


Decentralized Apps (Dapps)

  • Video platforms and content providers can build specialized Dapps for their audience.


Multiple content verticals

  • From esports, music, TV and movies to distance learning and peer to peer live streaming. Power the next generation entertainment.



The Problem


Live video streaming of today


Poor Quality

  • Today's content delivery networks (CDN) lack reach, causing video re-buffering, and high load times in many parts of the world.


Sky rocketing data needs

  • Users demand 4k, 8k, and higher quality streams create infrastructure bottleneck.

Centralized and inefficient system

  • The centralized nature means less revenue flows back to content creators and platforms.



  • Viewers get low-quality streams and few rewards today. Centralized CDNs reap most of the rewards.



Solution

Decentralized peer-to-peer video delivery. A new native blockchain. Powered by users.


Viewers earn rewards as Theta Fuel

  • For sharing excess bandwidth and resources, viewers are now rewarded to participate in the network.


Higher quality, smoother video streaming

  • A decentralized peer-to-peer network delivers streams efficiently globally.


Reduced cost of delivering video streams

  • Video platforms no longer need to build expensive infrastructure, means more innovation and unique business models.


  • In the end, users benefit by sharing their bandwidth and building a community. Content creators and platforms all earn more with lower streaming costs.


Check out more about THETA below.


https://www.thetatoken.org

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