Bittime - Theta (THETA), a blockchain network focused on video streaming, launched in March 2019. Theta allows users to overcome the high costs and bad experiences in this industry by sharing resources. The Theta Labs team, consisting of Netflix and Amazon executives, plans to launch an edge node client for additional innovation on June 26, 2024.
What Is Theta ($THETA)?
Theta (THETA) is a blockchain-powered network dedicated to video streaming. Launched in March 2019, Theta mainnet functions as a decentralized network that allows users to share resources and content with each other. Theta features its own native cryptocurrency token, $THETA, which can be traded freely on exchanges and performs various functions within the network.
The developers state that the project aims to change the current video streaming industry as high costs, inadequate infrastructure, and centralized locations cause poor user experiences to occur frequently. Because of the problems that occur between them and users, content creators also make less money.
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Edge Node Rilis 26 Juni 2024
The reward system, cloud-based GPU platform, and integration with distributed edge nodes will be complemented by the edge node client released on June 26. The Theta Team was excited to launch this innovative platform and asked the audience for their opinions.
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Who is the Theta Lab Team?
The Theta Labs team consists of experienced media and technology executives who have worked at Netflix, Amazon, Samsung, Vimeo, and Salesforce. Their unique combination of blockchain expertise with video and entertainment experience is key to propelling Theta Labs to become a blockchain industry leader in media and entertainment.
Mitch Liu, CEO, is the founder of Gameview Studios bought by DeNA and Tapjoy bought by ironSource, and Jieyi Long, CTO, is the founder of MadSkill Game Studios, which has over a dozen patents in blockchain, streaming, video, VR, and NFTs.
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Conclusion
Theta (THETA) is a blockchain network launched in March 2019 and dedicated to video streaming. This network overcomes the high costs, inadequate infrastructure, and poor user experience in today's video streaming industry by allowing users to share resources and content wherever they want.
$THETA, Theta's native cryptocurrency token, is used for various tasks within the network. The Theta Labs team consists of senior managers from leading companies such as Netflix, Amazon, and Samsung. It is planned that the edge node client will be released on June 26, 2024, and is expected to bring additional innovations in reward systems, cloud-based GPU platforms, and integration with distributed edge nodes.
How To Buy Crypto With Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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