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Theta is a video delivery network with its own blockchain. It delivers high-bandwidth content using decentralized networks in every part of the world. Since video streaming is now a trend, the developers of Theta saw the opportunity to aid the needs of users and establish their world-class creation in the market.
Theta was created with the mission to provide an enhanced streaming experience for everyone in the world through its advanced technology, giving people a higher video quality for an affordable price.
Due to its spectacular performance over the years, Theta has become one of the most popular content-creation networks in the world and has also been recognized as one of the best performers since its release in 2013. Theta even completed a USD$20 million private token sale in 2018.
To maximize your video streaming experience with Theta, all you need to do is purchase Theta coins that are available in several cryptocurrency platforms. We’ll discuss more about that later.
Theta cryptocurrency operates with the goal of sharing high-quality bandwidth globally. It consists of a series of nodes that are linked together in order to create mutual communication between users and the network.
Theta is an ideal network for users who love video streaming applications, especially content creators who want to constantly deliver high-quality content to their viewers. With Theta, anything is now possible in creating outstanding content.
In order to improve the performance of video content delivery, Theta started to leverage the use of P2P architecture to enhance the quality of their service. In addition, Theta nodes are owned by users who have different types of hardware and resources. The nodes are then shared to others in the network, which can be utilized by various users around the world.
Since Theta is a peer-to-peer network, anyone regardless of their location can have access to high-quality video content.
Due to the rise of Theta in the streaming space, it continues to compete with traditional video streaming sites and Youtube.
In today’s society, hackers can easily hack their way into anyone’s personal information. Without proper security, this can lead to several consequences on the user’s side. As other streaming services have failed to tightly secure users’ information, this easily allowed attackers to reduce the quality of video contents.
However, with Theta cryptocurrency, you can be assured that you’ll be able to view high-quality videos while your personal information is kept safe and secure!
Theta developers also wanted to enhance the user experience. They produced a server and client-based system that can easily determine the node owner’s location, IP addresses and latitude/longitude, so they can conveniently build connections with one another and provide better services.
Theta’s peer-to-peer model works by sharing nodes with other Theta users. This helps in boosting the quality service of Theta which allows users to experience spectacular streaming whether on their mobile devices, desktops or tablets.
With Theta as a decentralized video delivery network, both content creators and viewers can receive more rewards. As a content creator, your viewers can directly reward you Theta coins without worrying about the costs deducted by hosting websites and advertisers. Viewers can also earn Theta coins from advertisers as appreciation for their continuous support and engagement.
The Theta blockchain is produced to give more rewards to content creators and its viewers by providing different variants of proof-of-stake mechanism such as Multi-Level Byzantine Fault Tolerance (BFT), Aggregated Signature Gossip Scheme and Resource Oriented Micropayment Pool.
Over the years, Theta has continuously proven its competence in the market. In March 2018, the company established a partnership with Samsung VR, which became their first-ever video platform partner, followed by a partnership with Pandora.tv, a major Korean video platform, after the release of Theta Testnet.
As of writing, Theta price stands at $0.229981 USD and has an ROI of 49.35%. On the other hand, the market cap, 24-hour volume, circulating supply, etc. are as follows:
Despite its current disposition in the market, experts predict that come January 2021, the price of Theta will most likely increase up to $0.959934. While this prediction was set to be hit in 2022, experts are confident that it will reach the target as early as 2021 due to several interested investors being interested in Theta.
Want to invest in Theta today? You can now use cryptocurrencies and different fiat currencies to buy and sell tokens at reasonable prices below!
Do take note that prices may change depending on the market. Some other cryptocurrencies available for Theta coin purchase are Tether, XRP, Bitcoin SV, Crypto.com, Tezos, Chainlink and UNUS SED LEO.
There are different available wallets in the market that support Theta. Some examples include Ethereum, Trust, Atomic.
Theta also has its own official wallet called the ‘Theta Wallet'. Theta Wallet is available as a mobile app in Android and iOS, so you can check your Theta coins anytime, anywhere.
Make sure to do your research first to get the best rates available in the market. Every exchange rate varies depending on the host platform. Some of the most trusted exchanges are Binance, Bitfinex, Coinbase and Kraken.
If you wish to save your Theta coins for future investments, make sure to move your Theta coins and store them in your wallet. You can also choose to withdraw them if you wish to.
With the rise of Theta in the market, anyone can now enjoy the luxury of high-quality streaming anytime regardless of your location. Moreover, it is also an ideal investment for businessmen who envision success in this industry in the upcoming years.
Words by: Kate Sanchez