Theta (THETA) is a blockchain-based video streaming network. Theta mainnet, launched in March 2019, is a decentralized network where users share bandwidth and computing resources. YouTube co-founder Steve Chen and Twitch co-founder Justin Kan advise the project.
Google, Binance, Blockchain Ventures, Gumi, Sony Europe, and Samsung are all Enterprise validators for Theta, along with a Guardian network of thousands of community-run guardian nodes.
In its current state, centralization, poor infrastructure, and high costs result in a poor user experience. The barriers between content creators and end users also reduce revenue.
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