About Theta Network
Market Stats
Market Cap
$724,298,761.37
FDV
$724,298,761.37
Circulating Supply
1,000,000,000 THETA
Max Supply
1,000,000,000 THETA
Total Supply
1,000,000,000 THETA
Performance
Popularity
Not enough data
Dominance
0.03%
Volume (24H)
$26,091,055.12
-0.27%
Volume (7D)
$231,193,557.54
Volume (30D)
$717,361,666.53
All time high
$15.90
Overall Price Change (1Y)
-0.68%
Additional info about Theta Network
Recent trends
The price of Theta Network has increased by 1.26% in the last hour and decreased by 2.26% in the past 24 hours. Theta Network’s price has also risen by 11.40% in the past week. The current price is $0.72 per THETA with a 24-hour trading volume of $26.09M. Currently, Theta Network is valued at 95.45% below its all time high of $15.90. This all-time high was the highest price paid for Theta Network since its launch. The current circulating supply of Theta Network is 1,000,000,000 THETA which means that Theta Network has as total market cap of $724,298,761.37.
Market details
THETA vs markets
↘ 75.11%
THETA vs BTC
↘ 78.56%
THETA vs ETH
↘ 42.15%
Tags
media
vr-ar
ai-big-data
distributed-computing
+10
Network & Addresses
Network | Address | |
|---|---|---|
Theta | NA | |
Ethereum | 0x3883f5e181fccaF8410FA61e12b59BAd963fb645 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.72 | ↘ 2.41% |
1 Day | $0.74 | ↘ 2.26% |
1 Week | $0.65 | ↗ 11.40% |
1 Month | $1.00 | ↘ 27.46% |
1 Year | $2.26 | ↘ 67.97% |
FAQ
Theta Network (THETA) is a blockchain-based network specifically designed for video streaming. Launched in March 2019, Theta Network operates as a decentralized platform where users share bandwidth and computing resources on a peer-to-peer basis. The network features its own native cryptocurrency token, THETA, which performs various governance tasks within the network. Theta Network seeks to address the challenges of the video streaming industry, such as centralization, poor infrastructure, and high costs, which often result in a less than optimal experience for end users and reduced compensation for content creators. The network's ecosystem includes services focused on esports, music, TV, movies, and education, and collaborates with various video platforms.
Theta Network operates through a unique ecosystem that includes influencers (content creators), viewers (end users who consume video content), advertisers, caching nodes (computers/servers that help improve content quality and delivery speed), and ingest nodes (which assist caching nodes and also provide bitrates/stream resolution). The protocol is open-source, allowing any provider to use the Theta blockchain and create decentralized applications (dApps) on the platform. Users receive THETA tokens as compensation for sharing videos through the decentralized video streaming dApp for transcription and distribution of content called EdgeCast. Theta Network seeks to reduce the operating costs of streaming video services by moving some content to the peer-to-peer network, which operates on thousands of nodes, making the network resilient to content delivery failures and solving the problem of digital last-mile delivery.
Theta Network strives to decentralize video streaming, data delivery, and edge computing, making it more efficient and fair for industry participants. The network's appeal is threefold: viewers are rewarded with better quality streaming service, content creators may see an increase in their compensation, and middlemen, such as video platforms, can reduce costs on building infrastructure and increase advertising and subscription revenues. Users receive TFUEL tokens as compensation for both watching network content and sharing network resources. In addition to video, data, and computing, Theta Network caters to developers looking to launch decentralized applications (DApps) on its fully featured EVM-compatible Smart contract platform.
Theta Network was co-founded by Mitch Liu and Jieyi Long in 2018. Liu has a long history in the gaming and video industries, co-founding video advertising firm Tapjoy, mobile social gaming startup Gameview Studios, and THETA.tv, the live streaming platform whose DApp was the first to be built on the Theta protocol. Long, Theta’s second co-founder and CTO, has extensive experience in design automation, gaming, virtual reality, and large scale distributed systems. He has authored multiple peer-reviewed academic papers and holds various patents in video streaming, blockchain, and virtual reality. Theta Network launched its mainnet in 2019, and its native THETA tokens were initially distributed as ERC-20 tokens on Ethereum before being converted to native THETA on the mainnet.
We update our Theta Network to USD currency in real-time. Get the live price of Theta Network on Coinbase.
The current market cap of Theta Network is $724.30M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Theta Network is $15.90. This all-time high is highest price paid for Theta Network since it was launched.
Over the last 24 hours, the trading volume of Theta Network is $26.09M.
Assets that have a similar market cap to Theta Network include Gala V1, BitTorrent [New], FLOKI, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Theta Network is 1 billion.
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Social stats
Popularity in posts
#150
Contributors
91
Posts
161
% About Theta Network
0.171%
Articles
1
Hold times
0 days
X (Twitter)
93.15% bullish
Sentiment
4.6 ★
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Highlights
91 unique individuals are talking about Theta Network and it is ranked #150 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Theta Network has an average sentiment score of 91 out of 5. Finally, Theta Network is becoming less newsworthy, with 1 news articles published about Theta Network.
On Twitter, people are mostly bullish about Theta Network. There were 93.29% of tweets with bullish sentiment compared to 0.15% of tweets with a bearish sentiment about Theta Network. 6.71% of tweets were neutral about Theta Network. These sentiments are based on 59 tweets.
On Reddit, Theta Network was mentioned in 28 Reddit posts and there were 20 comments about Theta Network. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.