Theta Network (THETA) Whitepaper

theta-token

Theta Network (THETA)

$ 1.32 5.78%

Theta Network is the leading video delivery network powered by blockchain technology. Theta allows users to simultaneously watch video content and earn token rewards for relaying video to other users who are also watching the same content. In the same vein as other sharing economy models, users opt-in to volunteering their spare bandwidth and computing resources to relay video to other users and earn token rewards for their contributions. Users can contribute to Theta Network on any PC, mobile device, or smart TV.

For video platforms, integrating Theta into their video delivery stack enables them to reduce their video delivery cost, deepen viewer engagement, and drive incremental revenues. By spending less on video delivery infrastructure, and more on rewarding their users, Theta-enabled video platforms can grow their userbase and gain market share.

Whitepaper

Live video streaming of today

  • Poor Quality
  • Today’s content delivery networks (CDN) lack reach, causing video re-buffering, and high load times in many parts of the world.

  • Sky rocketing data needs
  • Users demand 4k, 8k, and higher quality streams create infrastructure bottleneck.

  • Centralized and inefficient system
  • The centralized nature means less revenue flows back to content creators and platforms.

    Decentralized peer-to-peer video delivery. A new native blockchain. Powered by users.

  • Viewers earn rewards as Theta Fuel
  • For sharing excess bandwidth and resources, viewers are now rewarded to participate in the network.

  • Higher quality, smoother video streaming
  • A decentralized peer-to-peer network delivers streams efficiently globally.

  • Reduced cost of delivering video streams
  • Video platforms no longer need to build expensive infrastructure, means more innovation and unique business models.