Theta (THETA) Explained in 6 Easy Steps

Theta is a blockchain network designed for video stream. Both the name and symbol of the native cryptocurrency of the network are THETA.

1. When was it founded and by whom?

THETA was founded in 2018 by Mitch Liu and Jieyi Long, who are both experienced in gaming industry. YouTube’s co-founder Steve Chen and Twitch’s co-founder Justin Kan are also included in the team.

2. THETA’s infrastructure

THETA is a blockchain-based network that operates P2P.

3. What does it offer to users?

THETA aims to migrate video stream into a decentralized structure to build it on a more cost-efficient and fair system. It offers providing the viewers with better quality video streams while reducing the costs of intermediaries and content creators.

4. Can THETA be mined?

THETA is not a type of cryptocurrency   that allows mining activities. However, users may earn tokens as a reward when they contribute to the network by watching Theta-based contents.

5. All-time low, all-time high (ATH), and total supply

THETA’s all-time low price was $0.03977 on March 13th, 2020 while all-time high price was $15.90 on April 16th, 2021. Circulating supply of the cryptocurrency is 1,000,000,000 THETA  and the total supply is also the same.

6. How to trade THETA on Paribu?

By clicking on the link, you can trade THETA on Paribu.

Bu içerik en son 26 October 2022 tarihinde güncellenmiştir.


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