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12 Apr, 2021, 02:45 PM 21

(THETA - $12,08) - April 2021

Coin Purposes

Today, in many parts of the world, Content Delivery Networks ("CDN's") lack reach which causes video re-buffering and high load times. Furthermore, users are demanding 4k, 8k, and higher quality streams that create infrastructure bottlenecks.

The current centralised nature of CDN's results in less revenue flowing back to content creators and platforms. 

Coin Classification

The Theta blockchain is an end-to-end infrastructure for peer-to-peer decentralized video streaming and delivery that provides both technical and economic solutions and/or alternatives to current CDN's that rewards all users in the ecosystem for their participation.

Coin Background

The network is powered by the users. Viewers are rewarded through participation in the network by sharing excess bandwidth and resources.

The Theta team believes it has the technology through its peer-to-peer network can provide higher quality, smoother video streaming more efficiently than CDN's globally.

Therefore, video platforms no longer need to build expensive infrastructure resulting in more innovation and unique business models. Content creators and platforms can therefore earn more with lower streaming costs.

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