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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.

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Coin’s Details

  • Market Capitalization

    $6.00 B

  • Fully diluted valuation

    $0.0

  • Volume 24H

    $166.02 M

  • Circulating supply

    1 000 000 000

  • Total supply

    1 000 000 000

  • Circ. percent

    100.0%

  • All-time high

    $15.72 (-61.8%)

  • All-time high date

    Apr 16th, 2021

  • All-time low

    $0.0404 (14 756%)

  • All-time low date

    Mar 13th, 2020

  • First announced

    Nov 23rd, 2017

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