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.
Live video streaming of today
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.
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.