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.

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• 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.

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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.

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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.

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Check out more about THETA below.

https://www.thetatoken.org