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Theta Network THETA

$2.09

0.66 % (24h)

Marketcap

$2,085,019,805

Volume 24h

$34,330,159


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Description

Theta (THETA) is a decentralized video streaming network built on blockchain technology. Launched in 2018, Theta aims to improve the quality and efficiency of streaming by decentralizing the process, allowing users to share bandwidth and computing resources on a peer-to-peer basis. Theta tokens are used to incentivize participants in the network, including streamers, viewers, and node operators. The platform is designed to reduce the cost of delivering video content and provide better video quality to users globally.