$1.06
1H
0.22%$0.0023
24H
-2.95%$0.0323
7D
-2.79%$0.0305
30D
-1.61%$0.0174
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.
Chronoly has announced the launch of CRNO tokens on the UniSwap exchange. CRNO will be launched on the exchange at a price of $0.79.
Google Cloud seeks to play a major supporting role in Web3 expansion by creating a dedicated team for blockchain services.
OTC customers of the Binance crypto exchange, which recently completed a burn, can now trade any of these pairs with BTC and other cryptocurrencies.
Grammy-nominated Katy Perry is going to launch her first-ever NFT collection with Theta Network. The inaugural collection will celebrate her ‘Play’ residency located in Las Vegas.
The ongoing rally in the BitTorrent (BTT) ecosystem may be linked to heightened interest in the protocol following the announcement of key upgrades including the increase in the BitTorrent File Sharing (BTFS) network decentralization.
