THETA

Theta Network price 
THETA

$1.15  

1.47% (1d)

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Theta Network statistics
Market cap
 

1.47%

$1,146,295,896
#55
Volume (24h)
 

38.47%

$16,771,543
#185
Volume/Market cap (24h)
 
1.46%
Circulating supply
 
1,000,000,000 THETA
100.00%
Total supply
 
1,000,000,000 THETA
Max. supply
 
1,000,000,000 THETA
Fully diluted market cap
 
$1,146,295,896
THETA to USD converter
THETA
USD
Price performance
24h 
Low
$1.12
High
$1.20
All-time high
Apr 16, 2021 (3 years ago)
$15.90
-92.79%
All-time low
Mar 13, 2020 (4 years ago)
$0.03977
+2782.25%
See historical data
Popularity
In watchlists533,403x
145th / 10.0K
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Theta Network news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About Theta Network

What is Theta Network?

Theta Network is a pioneering blockchain platform tailored for the video, media, and entertainment sectors. It stands out for its innovative approach to reducing content delivery costs, making it a cost-effective solution for developers and businesses in these industries. The platform is built on a blockchain that is compatible with Ethereum smart contracts, offering a versatile environment for developers.

At its core, Theta Network operates as a dual network system comprising the Theta Blockchain and the Theta Edge Network. The Theta Blockchain facilitates payments, rewards, staking, and smart contract functionalities. In contrast, the Theta Edge Network focuses on the compute, storage, and delivery aspects of video streams, alongside AI tasks and other complex computational use cases. This dual structure enables Theta to offer a comprehensive infrastructure for video and entertainment applications.

Theta Network is distinguished by its two native cryptocurrencies: THETA, which serves as the staking and governance token, and TFUEL, utilized for transactions and smart contract interactions within the network. These tokens play a crucial role in the ecosystem, supporting the decentralized nature of the platform.

Looking ahead, Theta Network is set to introduce Theta EdgeCloud, a groundbreaking hybrid cloud computing platform. This platform represents the next evolution of Edge Network, offering a fully distributed architecture for cloud computing, set to launch in 2024.

The network also provides robust Web3 infrastructure solutions, such as the Theta Video API and Theta Web3 Theater. These tools offer developers significant cost reductions in video transcoding, storage, and delivery, leveraging patented Digital Rights Management technology.

Furthermore, Theta Network underpins the ThetaDrop NFT marketplace, which has garnered attention through partnerships with notable brands and personalities. This marketplace aims to revolutionize the digital collectibles market, showcasing Theta's versatility beyond video streaming.

Theta's governance and enterprise validator council include leading technology and entertainment companies, reflecting its strong industry support and potential for widespread adoption. The network's advisory board boasts influential figures from the tech world, underscoring Theta's commitment to innovation and excellence in the blockchain space.

How is Theta Network secured?

How will Theta Network be used?

What key events have there been for Theta Network?

Who are the founders of Theta Network?