Sentiment Neutral
Fundraising Statistics
$2.1 +1.77%
$0.067
Short Review Theta
Crypto project Theta (THETA) is classified as a Blockchain Service. Theta is a Utility token that is hosted on the Ethereum Network. The current total supply is 1.00 B THETA (Circulating Supply + Tokens yet to be released - Burned Tokens). A total of 300.00 M THETA (30.00% of total tokens) have been allocated for the public sale. The level of social activity of the Theta project is assessed as Medium.
Theta ICO Overview
Estimated date for the public token sale: 4 January 2018. Theta (THETA) price during the token sale: 0.067 USD. Min/Max Personal Cap: 1 ETH / TBA. You can purchase project tokens for ETH
Residents of the following countries will not be able to participate in the public sale of tokens: China USA
THETA Price Chart
The launch of THETA token trading took place on 7 December 2018.
Fundraising Rounds
Total sold 300.00 M THETA tokens (0.30% of total tokens). Total amount of funds raised by the Theta project is $136.00 M.
Investment Round | Date | Price | Funds Raised |
Venture Round | March 2021 | -- | $100.00 M |
Private Sale | September 2017 | $0.067 | $20.00 M |
Equity Funding | May 2017 | -- | $16.00 M |
Theta Investors
Depth review of THETA
Theta is a decentralized video delivery network with own blockchain. It was created for video streaming. The Theta network consists of 2 parts:
- The first is video delivery.
- The second part is the Theta blockchain. It incentivizes users to connect to the delivery network.
Typically, a CDN (Content Delivery Network) consists of huge decentralized data centers scattered around the world. Therefore, they are not geographically close enough to users. This causes poor streaming quality. That's why Theta is building a P2P network for users to share their extra bandwidth. As a result, this global network can replace or complement CDN infrastructure. Customers provide their devices as cache hosting (video storage) and send video streams to local viewers around the world. The more cache points Theta has, the better the streaming quality. That's why cache points are rewarded with Theta coins.
The THETA Project
The Theta Network team includes specialists with extensive experience in creating video content services (about 30 years), blockchain developers and strategic and technological advancement. There are 14 people at the helm. General Manager - Mitch Liu (he is the creator of Sliver.tv), Co-Founder - Jieyi Long (he created several patented technologies such as VR video), Ryan Nichols (Director of Product), Reese Virk (Head of Corporate Development).< /p>
At the beginning of 2019, the total capitalization of the asset was about 35.5 billion US dollars.
The Theta team attracts well-known partners such as Samsung, Sony and YouTube to promote the coin.
Advantages of Theta (THETA)
- Free market segment. There are only about a dozen really popular streaming web services, and the Theta project has every chance establish yourself in the market.
- Passive income.
- Promising idea.
- Ready customer base.
Disadvantages of theta (THETA)
- The idea is not original.
- Lack of funding.