1H
-0.34%$0.0009
24H
-0.17%$0.0005
7D
-0.04%$0.0001
30D
-15.4%$0.0488
After peaking during the 2021 cycle, every subsequent rally has failed beneath long-term resistance for THETA.
Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis.The project is advised by Steve Chen, co-founder of YouTube and Justin Kan, co-founder of Twitch.
Theta features its own native cryptocurrency token, THETA, which performs various governance tasks within the network, and counts Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes.
Developers say that the project aims to shake up the video streaming industry in its current form – centralization, poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users.
Have you heard about ApeCoin? This is a new ERC-20 token that’s gaining popularity. Here is everything you might need to know about this project.
Despite blockchain and Distributed Ledger Technology (DLT) have been one of the most common buzzwords thrown about in events and seed-raises to bolster investments, not so many know the difference between these two techs.
