Theta Network

Theta Network

Created using Figma
Created using Figma
Theta is a decentralized video delivery network, powered by users and an innovative new blockchain. Theta is an open source protocol purpose-built to power the decentralized streaming network and will allow for vertical decentralized apps (DApps) to be built on top of the platform to enable esports, music, TV/movies, education, enterprise conferencing, peer-to-peer streaming, and more. SLIVER.tv’s DApp will be the first application built on the Theta network leveraging its existing user base of millions of esports viewers.
Risk: High
Jan 8, 2018
Feb 8, 2018
100% completed
$20 000 000
100% goal completed
past
  • 1 THETA
    =
    0.15 USD
Token Details
Ticker
THETA
Accepted Currencies
ETH
Additional Details
Platform
Ethereum
Company Details
Registered Country
USA

About Theta Network

DSN and the Theta protocol solve various challenges the video streaming industry faces today. First, Theta tokens are used as an incentive to encourage individual users to share their redundant memory and bandwidth resources as caching nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional stream delivery pipelines, especially for high resolution high bitrate 360° virtual reality (VR) streams. Second, with sufficient amount of caching nodes, the majority of viewers will pull streams from peering caching nodes. This significantly reduces content delivery network (CDN) bandwidth costs, which is a major concern for video streaming sites.

Lastly, the Theta network greatly improves the streaming market efficiency by streamlining the video delivery process. For example, advertisers can target end viewers at a lower cost and reward influencers more transparently.

The Theta blockchain introduces three novel concepts: Reputation Dependent Mining: In the Theta protocol, the caching nodes play the role of miners in the blockchain. The block reward is not a constant, but depends on the reputation score of the caching node that mined the block. To obtain more mining rewards, miners not only spend computation power to mine blocks, but also relay video streams to downstream viewers to increase their reputation scores.

Global Reputation Consensus: ​We propose a mechanism for the Theta network to reach the global consensus on the reputation scores for each caching node. Proof-of-Engagement: We introduce a novel Proof-of-Engagement scheme to prove that viewers legitimately consume the video streams, providing better transparency to advertisers and a basis for viewers to earn Theta tokens for engaging with the content

Features

Peer-to-peer video network
Theta token mining at core
True utility and usage for content creators and viewers

Roadmap

  • Q4 2015

  • SLIVER.tv founded
  • Q2 2016

  • Live streaming platform launched
  • Q2 2017

  • $16MM equity financing, Theta project launch
  • Q3 2017

  • Theta token pre-sale to strategic partners
  • Read More
  • December 2017

  • Theta tokens live on SLIVER.tv platform
  • January 8 2018

  • Public token presale
  • January 15 2018

  • Public token sale begins
  • February 5 2018

  • Public token sale ends
  • February 2018

  • Theta ERC-20 tokens distributed
  • March 2018

  • Theta tokens full integration into SLIVER.tv platform
  • Spring-Fall 2018

  • Native Theta blockchain development
  • Q4 2018

  • Native Theta network launch on new blockchain
  • Q4 2018

  • Theta ERC-20 tokens exchanged 1:1 for Theta blockchain tokens
  • Q1 2019

  • Theta Network goes live for caching and mining nodes
  • Q3 2019

  • Theta Network debut of premium on-demand content

Activity

Posts:
125
MEDIUM
Followers:
54 143
VERY HIGH
Likes:
49 349
VERY HIGH
Rating:
4.80
VERY HIGH
Reviews:
48
LOW
Followers:
57 887
VERY HIGH
Tweets:
347
HIGH
Alexa
Rank:
268 690
MEDIUM
Delta:
-38 655
Year commits:
33
Watchers:
8
Stars:
26
Forks:
7
Open issues:
2

Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Cofounder / CEO
unverified
Cofounder / CTO
unverified
Head of Product & Platform
unverified
Head of Corp Development
unverified

Last News

$ 0.0759
-11.39%
Coin Stats
Daily, %:
-11.39%
Weekly, %:
-9.93%
Monthly, %:
-48.15%
Market Info
Market Cap:
$ 75.91 M
Volume 24h:
$ 1.29 M
Circ. Supply:
693.75 M THETA
Ticker:
THETA
ICO profit
X 0.5061
ICO Price~$0.1500

3.19

risky+
5.0 2
ICO Profile Vision Activity Potential Product Team
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