Theta is a blockchain-powered video streaming platform that launched in 2019. It aims to solve the problems of centralized streaming platforms by utilizing a more resilient infrastructure supported by blockchain technology. Theta claims to have the potential to reduce the content delivery cost by almost 80%. The platform creates room for immense bandwidth at a cheap cost by allowing its users to share their excess bandwidth.
Theta Token (THETA) is the governance token of the network and users can stake THETA to participate in block production on Theta. Buy THETA in Australia on the Swyftx app.
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