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.
Charts by
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TradingViewTHETA to USD Converter
United States Dollar (USD)
Theta Token Performance USD
| Period | Chg | Chg(%) | High | Low |
|---|---|---|---|---|
| 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.