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Theta Network THETA |
BUY
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£0.11977 |
-0.57% (24h) |
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Marketcap |
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£119,769,991 |
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Volume 24h |
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£7,053,788 |
Description
Theta (THETA) is a decentralized video delivery network that incentivizes users to share their spare bandwidth and computing resources. By acting as a peer-to-peer distribution layer, Theta reduces the cost of streaming for platforms while improving video quality for viewers. The ecosystem uses two tokens: THETA for governance and staking, and TFUEL for operational transactions like paying for video relays. Major companies like Google and Samsung have participated as enterprise validator nodes, highlighting the project's potential to disrupt the traditional content delivery industry.