THETA is an Ethereum-based token of THETA network. Subordinate to Theta Labs, THETA network project is a new generation of decentralized video streaming platform based on native blockchain technology. The platform distributes THETA tokens to content viewers who share bandwidth, offers HD videos, and lowers the video distribution cost.
Theta Network aims to design more effective methods to distribute any type of contents and data through a paid peer-to-peer network. Theta blockchain uses its native tokens to encourage users to share surplus computing power and bandwidth resources as cache or rely nodes of video streaming. Theta Network introduces a token reward mechanism for end users, aiming to assist the video platform in attracting audiences and increasing revenue, as well as providing unique contents and watching experience.
Full Name in English: Theta
Token Symbol: THETA
Investor/Institution: Eigen Capital, Chain Capital, Consensus Fintech Group, Dcm, DHVC、Du Capital, GBIC, gumi Cryptos, IOSG Venture, Jove Capital, LianSun Capital, Nirvana Capital, Spark Capital, StarWin Capital, S.Capital, ZMT Capital, Huobi Capital, Sierra, Venture Reality Fund, Colopl VR FUND, Gree, and Green Pine Capital
Issue date: December 14, 2017
Total supply: 1,000,000,000
Circulating Supply: 1,000,000,000
Official website: https://www.thetatoken.org/
Blockchain explorer: https://explorer.thetatoken.org/
Disclaimer: this introduction derives from the white paper and other official information released by the official project team so that investors can better understand the token and the corresponding project. The content of this paper is obtained through legal channels to ensure the reliability, accuracy and completeness of the information as far as possible, but the accuracy and completeness of the information mentioned in the report are not completely guaranteed. The content of this paper cannot be used as the basis for investment research decisions, moral, responsibility and legal basis or evidence, whether explicitly or implicitly.