Theta (THETA) Price

  • Theta(THETA)
    $0.0893
    +0.0005(+0.6195%)
    10:42:24(GMT)|Real-Time Data, Currency in USD
    • Open
      $0.0888
      Day's Range
      $0.0858- $0.0954
    • Market Cap
      $89.75 M
      Volume
      $3.71 M
    • Current Supply
      1.00 BTHETA
      Max Supply
      1.00 BTHETA

ThetaOverview

  • Proof TypeN/A
  • AlgorithmN/A
  • Market Cap$89.75 M
  • Volume$2.14 M
  • Current Supply1.00 BTHETA
  • Max Supply1.00 BTHETA
  • Open$0.0888
  • Day's Range$0.0858- $0.0954

ThetaPrice

Theta is a decentralized blockchain platform that delivers smooth, high-quality video streaming through its Decentralized Streaming Network (“DSN”).

The Theta platform was created to resolve key issues faced in live video streaming, including:

  • Low-quality video streaming: Content delivery networks lack reach, causing pauses, skips and lower quality video to many parts of the world.
  • High Cost of Streaming Infrastructure: Publishers absorb the high cost of operating a CDN, leaving less revenue to pass on to content creators.
  • Centralized and Inefficient Ecosystem: The centralized nature means less revenue flow backs to content creators and results in less innovation.

The Theta platform delivers solutions to the above issues by delivering:

  • Rewards: Views earn rewards as Theta tokens: For sharing bandwidth and resources, a view earn Theta tokens as a direct reward and share it back to the creators.
  • Quality: High quality, smooth video streaming is delivered through a peer-to-peer decentralized CDN.
  • Reduced Costs: Publishers and content creators no longer need to develop expensive infrastructure, allowing more innovative and unique business models.

Key features of the Theta platform include:

  • The Theta platform is an open-source network and protocol open to all developers and partners to build on the Theta network.
  • Video platforms and content providers are able to build specialized DApps for their audiences.
  • Multiple Content Verticals: Content ranges from esports, music, TV, and movies to distance learning and peer-to-peer live streaming.

Theta was founded by co-founders Mitchu Liu and Jieui Long in 2015, with its Theta token sale concluding in January 2018, with a supply capped at 1,000,000,000.

A hybrid system is used for mining, where miners are not only required to use computing power to mine blocks but also to relay video streams to downstream viewers. Viewers are able to rank miners and lower their reputation if dissatisfied with streaming quality. This is referred to as Global Reputation Consensus, incentivizing miners to deliver on quality.

In addition to miners receiving a reward for relaying video streams, viewers are rewarded for viewing through its proof-of-engagement protocol that incentivizes advertisers to use the Theta platform and viewers to view to receive Theta tokens as a reward.

Other uses of Theta tokens include:

  • Viewers can gift Theta tokens to support their favorite streamers, content creators and to purchase premium products, services, and virtual goods.
  • Advertisers can use tokens to fund advertising campaigns to support influencers, streaming sites, and viewers.
  • Viewers can also optionally earn tokens from advertisers as an engagement reward for their attention.

Some distinct differences and characteristics of Theta include:

  • There is a finite number of Theta tokens, capped at 1,000,000,000.
  • Viewers are rewarded for viewing content, while users are rewarded for sharing bandwidth and content downstream.
  • Proof-of-Engagement protocol and Global Reputation Consensus are key characteristics that support delivery on high-quality video streaming.

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ThetaTechnical Analysis

Summary

BUY
  • Moving Averages
    BUY(15)
  • Indicators
    NEUTRAL(7)

Moving Averages

SIMPLEEXP.WEIGHTED
MA (5)0.08930.08940.0894
MA (10)0.08920.08930.0893
MA (20)0.08910.08920.0892
MA (50)0.08910.08910.0892
MA (100)0.08940.08890.0890
MA (200)0.08850.08850.0891
BUY3150

Trend Indicators

MACD (12,26,9)0.0001
ADX (14)26.0743
RSI (14)53.3264
Williams %R (14)-54.9923
Stochastic RSI (14)60.6859
ROC (10)0.5824
CCI (14)188.1816
Ultimate oscillator (7,14,28)38.8519
Stochastic Fast (14)45.0077
ATR (14)0.0023
BBands (20)0.0027
NEUTRAL227

Pivot Points

names3s2s1pivotr1r2r3
classic0.08340.08610.08790.09060.09250.09520.0970
fibonacci0.08610.08780.08890.09060.09240.09340.0952
camarilla0.08410.08450.08480.09060.09470.09500.0950
woodieN/A0.06340.04260.06800.04710.0725N/A
demarkN/AN/A0.08700.09020.0915N/AN/A
names3s2s1pivotr1r2r3
classic
fibonacci
camarilla
woodie
demark

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