1974
Cryptocurrencies
$ 102.76B
Market Cap
$ 6.45B
24h Volume
54.38%
BTC Dominance

Theta Token [THETA]

 
Rank: 93
Token: Ethereum
Blockchain Service
$ 0.0405
-2.52
Ƀ 0.0000126
-0.07
Ξ 0.000487
0.80

Market Cap

$ 28,642,099
Ƀ 8,932
ATH:  $ 207,416,472 

24h Trade Volume

$ 451,309
Ƀ 141
11,132,240 THETA

Supply

Circulating:
706,502,689 THETA
Total:
1,000,000,000 THETA

ATH Price

$ 0.294 
Ƀ 0.0000397 
Ξ 0.00115 
Date:  30th May 2018
From ATH:  -86.19%

Theta Token Price Chart

Theta Token price Index provides the latest THETA price in US Dollars, BTC and ETH using an average from the world's leading crypto exchanges.

THETA to USD Converter

THETA

Theta Token Performance USD

PeriodChgChg(%)HighLow
24H-$ 0.00105-2.52%$ 0.0419$ 0.0404
7D-$ 0.00632-13.48%$ 0.0499$ 0.0404
1M-$ 0.0305-42.89%$ 0.136$ 0.0404
3M-$ 0.0435-51.78%$ 0.136$ 0.0404
6M-$ 0.120-74.74%$ 0.184$ 0.0404

What is Theta Token

The project introduce the Theta blockchain to address various challenges the video streaming industry faces today. First, Theta tokens are used as an incentive to encourage individual users to share their redundant memory and bandwidth resources as caching nodes for video streams. This improves the quality of stream delivery and solves the “last-mile” delivery problem, the main bottleneck for traditional stream delivery pipelines, especially for high resolution high bitrate 360° virtual reality (VR) streams. Second, with sufficient amount of caching nodes, the majority of viewers will pull streams from peering caching nodes. This significantly reduces content delivery network (CDN) bandwidth costs, which is a major concern for video streaming sites. Lastly, the Theta network greatly improves the streaming market efficiency by streamlining the video delivery process. For example, advertisers can target end viewers at a lower cost and reward influencers more transparently.