Theta Network
THETA$0.1786
Market Cap
$178.74M
Volume 24h
$6.44M
Vol / Market Cap
3.60%
Rank
#38
THETA Price Chart
Theta Network is a blockchain designed for decentralized video streaming and content delivery.
Theta Network is a blockchain focused on decentralized video streaming that enables users to share bandwidth and computing resources.
A decentralized video delivery network. Users are rewarded for sharing their spare bandwidth and computing resources to help stream videos to other users, reducing costs for video platforms and improving stream quality.
Decentralized Video Delivery: Used to reward "Edge Nodes" who share their excess bandwidth to help stream high-quality video content, reducing costs for streaming platforms.
Bandwidth Sharing: Uses two tokens (THETA for governance, TFUEL for gas). Users are rewarded for sharing their spare upload bandwidth to help deliver video content, reducing costs for sites like YouTube or Twitch.
Bandwidth-sharing model faces regulatory hurdles regarding ISP terms of service and illegal content transmission.
