THETA.tv is a next generation decentralized live streaming platform powered by blockchain technology. Theta Network enables existing video platforms to drive incremental revenues and reduce content delivery CDN costs while end-users are rewarded for sharing their bandwidth to relay video on a peer-to-peer basis on any PC, mobile, Smart TV or IoT device. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, media investors BDMI Bertelsmann Digital Media Investments, CAA Creative Artists Agency, and traditional Silicon Valley VCs including DCM and Sierra Ventures.
Entertainment is a huge market. Especially, the short video is starting a new wave. Theta is a blockchain-based video delivery network, designed to improve online video streaming quality while reducing content providers’ costs. This is exactly what this industry needs to make further development. Theta is made up of experienced professionals seeking to reduce content delivery costs by up to 80%. Theta has the potential to be the important cornerstone of the industry.