Theta is a decentralized video delivery network powered by users and an innovative blockchain. It enables peer-to-peer video streaming and rewards users with TFUEL tokens for sharing bandwidth and content.
Description: Theta is a blockchain-based protocol designed to improve video streaming quality and reduce costs by leveraging a decentralized network of users who share their bandwidth and computing resources. Launched in 2018, Theta aims to disrupt the traditional content delivery network (CDN) industry by creating a more efficient and scalable infrastructure for video streaming. The network uses two native tokens: THETA, the governance token, and TFUEL, the operational token used for transactions and rewards. Theta has partnerships with major companies like Samsung, Google, and Sony, and its technology is integrated into various platforms. The project was founded by Mitch Liu and Jieyi Long, and its headquarters are in San Francisco, California.