Thursday, December 9

All about Theta cryptocurrency

 

EthereumWith the immense popularity of blockchain across the globe, many cryptocurrencies have been continuously emerging over the years. From the world-renowned Bitcoin to Ethereum, we now have Theta!

Theta is a video delivery network with its own blockchain. It delivers high-bandwidth content using decentralized networks in every part of the world. Since video streaming is now a trend, the developers of Theta saw the opportunity to aid the needs of users and establish their world-class creation in the market. 

Theta was created with the mission to provide an enhanced streaming experience for everyone in the world through its advanced technology, giving people a higher video quality for an affordable price.

Due to its spectacular performance over the years, Theta has become one of the most popular content-creation networks in the world and has also been recognized as one of the best performers since its release in 2013. Theta even completed a USD$20 million private token sale in 2018.

To maximize your video streaming experience with Theta, all you need to do is purchase Theta coins that are available in several cryptocurrency platforms. We’ll discuss more about that later. 

How does Theta crypto work?

Theta cryptocurrency operates with the goal of sharing high-quality bandwidth globally. It consists of a series of nodes that are linked together in order to create mutual communication between users and the network. 

Theta is an ideal network for users who love video streaming applications, especially content creators who want to constantly deliver high-quality content to their viewers. With Theta, anything is now possible in creating outstanding content. 

In order to improve the performance of video content delivery, Theta started to leverage the use of P2P architecture to enhance the quality of their service. In addition, Theta nodes are owned by users who have different types of hardware and resources. The nodes are then shared to others in the network, which can be utilized by various users around the world. 

Since Theta is a peer-to-peer network, anyone regardless of their location can have access to high-quality video content. 

Benefits of using Theta cryptocurrency

Due to the rise of Theta in the streaming space, it continues to compete with traditional video streaming sites and Youtube. 

Safety of personal information

In today’s society, hackers can easily hack their way into anyone’s personal information. Without proper security, this can lead to several consequences on the user’s side. As other streaming services have failed to tightly secure users’ information, this easily allowed attackers to reduce the quality of video contents. 

However, with Theta cryptocurrency, you can be assured that you’ll be able to view high-quality videos while your personal information is kept safe and secure!

Enhanced user experience

Theta developers also wanted to enhance the user experience. They produced a server and client-based system that can easily determine the node owner’s location, IP addresses and latitude/longitude, so they can conveniently build connections with one another and provide better services. 

Peer-to-peer model and decentralization

Theta’s peer-to-peer model works by sharing nodes with other Theta users. This helps in boosting the quality service of Theta which allows users to experience spectacular streaming whether on their mobile devices, desktops or tablets. 

With Theta as a decentralized video delivery network, both content creators and viewers can receive more rewards. As a content creator, your viewers can directly reward you Theta coins without worrying about the costs deducted by hosting websites and advertisers. Viewers can also earn Theta coins from advertisers as appreciation for their continuous support and engagement. 

The Theta blockchain is produced to give more rewards to content creators and its viewers by providing different variants of proof-of-stake mechanism such as Multi-Level Byzantine Fault Tolerance (BFT), Aggregated Signature Gossip Scheme and Resource Oriented Micropayment Pool. 

Theta cryptocurrency price: Current status

Over the years, Theta has continuously proven its competence in the market. In March 2018, the company established a partnership with Samsung VR, which became their first-ever video platform partner, followed by a partnership with Pandora.tv, a major Korean video platform, after the release of Theta Testnet.

As of writing, Theta price stands at $0.229981 USD and has an ROI of 49.35%. On the other hand, the market cap, 24-hour volume, circulating supply, etc. are as follows:

  • Market Cap – $200,198,831 USD
  • 24 hour volume – $28,269,820 USD
  • Circulating Supply – 870,502,690 THETA
  • Total Supply – 1,000,000,000 THETA 

Future Theta crypto price prediction

Despite its current disposition in the market, experts predict that come January 2021, the price of Theta will most likely increase up to $0.959934. While this prediction was set to be hit in 2022, experts are confident that it will reach the target as early as 2021 due to several interested investors being interested in Theta. 

Buy/Sell Theta tokens price

Want to invest in Theta today? You can now use cryptocurrencies and different fiat currencies to buy and sell tokens at reasonable prices below! 

  • Bitcoin 
    • In USD, you can buy Theta for 9417.47 while you can sell them at 9424.90.
    • In EUR, you can buy Theta for 8306.30 while you can sell them at 8380.90.
    • In GBP, you can buy Theta for 7458.50 while you can sell them at 7509.74. 
  • Ethereum
    • In USD, you can buy Theta for 230.08 while you can sell them at 238.332.
    • In EUR, you can buy Theta for 202.99 while you can sell them at 210.082.
    • In GBP, you can buy Theta for 182.32 while you can sell them at 183.543.
    • In BTC, you can buy Theta for 0.02443 while you can sell them at 0.02444.
       
  • BitcoinCash
    • In USD, you can buy Theta for 235.904 while you can sell them at 347.969.
    • In EUR, you can buy Theta for 208.01 while you can sell them at 306.724.
    • In GBP, you can buy Theta for 188.07 while you can sell them at 188.256.
    • In BTC, you can buy Theta for 0.02505 while you can sell them at 0.03566.
    • In ETH, you can buy Theta for 0.00655 while you can sell them at 1.0253.
       
  • EOS
    • In USD, you can buy Theta for 2.53313 while you can sell them at 3.90011.
    • In EUR, you can buy Theta for 2.2344 while you can sell them at 3.44072.
    • In GBP, you can buy Theta for 2.0053 while you can sell them at 3.10888.
    • In BTC, you can buy Theta for 0.00027 while you can sell them at 0.0004.
    • In ETH, you can buy Theta for 0.011 while you can sell them at 0.01102.
       
  • Litecoin
    • In USD, you can buy Theta for 43.85 while you can sell them at 43.90.
    • In EUR, you can buy Theta for 38.75 while you can sell them at 57.3392.
    • In GBP, you can buy Theta for 34.97 while you can sell them at 34.9859.
    • In BTC, you can buy Theta for 0.0046 while you can sell them at 0.00461.
    • In ETH, you can buy Theta for 0.18678 while you can sell them at 0.18701.
       
  • Ripple
    • In USD, you can buy Theta for 0.19 while you can sell them at 0.25056.
    • In EUR, you can buy Theta for 0.16972 while you can sell them at 0.22128.
    • In GBP, you can buy Theta for 0.15 while you can sell them at 0.19846.
    • In BTC, you can buy Theta for 0.00002 while you can sell them at 0.00002.
    • In ETH, you can buy Theta for 0.00082 while you can sell them at 0.00083. 
  • Dash
    • In USD, you can buy Theta for 72.727 while you can sell them at 94.7803.
    • In EUR, you can buy Theta for 64.212 while you can sell them at 83.7032.
    • In GBP, you can buy Theta for 57.80 while you can sell them at 75.4993.
    • In BTC, you can buy Theta for 0.00762 while you can sell them at 0.00969.
    • In ETH, you can buy Theta for 0.30921 while you can sell them at 0.31008. 
  • Cardano
    • In USD, you can buy Theta for 0.05372 while you can sell them at 0.07866.
    • In EUR, you can buy Theta for 0.04743 while you can sell them at 0.06985.
    • In GBP, you can buy Theta for 0.04252 while you can sell them at 0.06273.
    • In BTC, you can buy Theta for 0.00001 while you can sell them at 0.00001.
    • In ETH, you can buy Theta for 0.00034 while you can sell them at 0.00034. 
  • Stellar
    • In USD, you can buy Theta for 0.06286 while you can sell them at 0.07138.
    • In EUR, you can buy Theta for 0.0555 while you can sell them at 0.06356.
    • In GBP, you can buy Theta for 0.04983 while you can sell them at 0.06.
    • In BTC, you can buy Theta for 0.00001 while you can sell them at 0.00001.
    • In ETH, you can buy Theta for 0.0003 while you can sell them at 0.00031.
       
  • NEM
    • In USD, you can buy Theta for 0.04352 while you can sell them at 0.05702.
    • In EUR, you can buy Theta for 0.03862 while you can sell them at 0.05032.
    • In GBP, you can buy Theta for 0.03465 while you can sell them at 0.04536.
    • In BTC, you can buy Theta for 0.00 while you can sell them at 0.00001.
    • In ETH, you can buy Theta for 0.00018 while you can sell them at 0.00019.
       

Do take note that prices may change depending on the market. Some other cryptocurrencies available for Theta coin purchase are Tether, XRP, Bitcoin SV, Crypto.com, Tezos, Chainlink and UNUS SED LEO.

How to buy Theta cryptocurrency

1. Select your desired wallet

There are different available wallets in the market that support Theta. Some examples include Ethereum, Trust, Atomic. 

Theta also has its own official wallet called the ‘Theta Wallet’. Theta Wallet is available as a mobile app in Android and iOS, so you can check your Theta coins anytime, anywhere.

2. Find the best Theta exchange

Make sure to do your research first to get the best rates available in the market. Every exchange rate varies depending on the host platform. Some of the most trusted exchanges are Binance, Bitfinex, Coinbase and Kraken. 

3. Move Theta coins to your wallet

If you wish to save your Theta coins for future investments, make sure to move your Theta coins and store them in your wallet. You can also choose to withdraw them if you wish to.

Theta: The new wave of advanced video streaming

With the rise of Theta in the market, anyone can now enjoy the luxury of high-quality streaming anytime regardless of your location. Moreover, it is also an ideal investment for businessmen who envision success in this industry in the upcoming years.

Words by: Kate Sanchez

 

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