One of the top pumping projects, THETA & TFUEL still continue breaking their new highs by following out of the market’s position.
Have you noticed that’s social media platforms are pushing for more video content whether it’s Instagram Reels, IGTV, or those awkward gamers live streaming GTA 5 on Facebook?
It’s clear to see that video content is king. In fact, it’s projected that more than 80% of all internet traffic will be video content by 2022 and that the revenue of streaming giants like Netflix will triple by that time. There’s just one problem though, and that is the high cost of reliably delivering this increasingly high-quality video content to viewers.
THETA is a cryptocurrency project that hopes to be the solution to this problem. THETA has already partnered with the likes of Google, Samsung, and Sony which all see the value in its decentralized video streaming protocol.
The THETA token has seen a 200x increase in price over the last year as a result and briefly cracked the top 10 cryptocurrencies by market cap. So, today, I’m going to tell you why, I think THETA still has some room to grow, and why it is one of the most valuable properties.
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If you’ve never heard of THETA before, here are a few things to underscore. THETA is a project by Theta Labs, Inc. a software company based in San Francisco that specializes in decentralized video delivery.
Theta Labs was founded by Mitch Liu and Jieyi Long in 2017 as a means of developing a solution to the video streaming issues they were having with their initial video streaming venture Theta.tv.
The THETA blockchain is this solution and it went live in March 2019.
In contrast to centralize delivery networks, which broadcast video content from a centralized server. Read More…
Categories: CRYPTO PROJECTS