If you’re a crypto investor, then you know that the market can be volatile. One day, your investment could be worth a lot more than yesterday, and the next day it could be worth nothing. This is why investing in projects with real potential to succeed is essential. Theta is one of those projects.
Theta is a blockchain-based video delivery network. It’s designed to improve online video streaming quality while reducing content providers’ costs. The Theta team is made up of experienced professionals seeking to reduce content delivery costs by up to 80%.
Theta’s native token, THETA, is used to power the network and incentivize users to share their resources. By staking Theta tokens, users can earn rewards for providing their bandwidth and storage resources to the network. Also, visit this site to learn about How to stake on Edge Node.
Here are some of the main reasons to invest in Theta:
1. A Positive Price Forecast
The price of Theta tokens has risen since they launched the project in 2017. THETA is one of the top-performing assets in the cryptocurrency market, with a compound annual growth rate of nearly 150%. When it started in 2018, it was only USD$0.2. However, it hit an all-time high of USD$15.90 in May 2021.
The favourable price forecast is based on the fundamentals of the project. The more users adopt Theta and use it to stream videos, the more demand there will be for Theta tokens. This will lead to an increase in the price of Theta tokens. The Theta watcher indicates that by 2025, Theta will surpass an average of USD$7.30. Therefore, investors who are interested in HODLING crypto for the long term can benefit from investing in Theta.
2. Theta Has A Strong Team And Partners
The Theta team is composed of experienced professionals in the fields of video streaming and blockchain technology. The team is led by Mitch Liu, who co-founded Sliver.tv (Theta.tv), one of the first live eSports platforms in the world that Sony Interactive Entertainment America acquired in January 2019.
Theta has also partnered with some of the biggest names in the tech and media industries. Theta’s notable partners include Samsung, Google, Binance, Sony Music, and blockchain-based live video streaming platform DLive.
3. The NFT Project
Theta is partnering with Sony to launch an NFT project. The plan is to launch two types of 3D NFT that will be used with Sony Spatial Reality Display (SRD). This will allow users to mint, trade, and manage their NFTs on the Theta blockchain. Using NFTs will help create a more immersive and interactive experience for users. It will also allow content creators to monetize their content better.
The launch of the NFT project is a significant milestone for Theta. It will help further increase the adoption of the Theta network and platform. Therefore, investing in Theta is an excellent decision for crypto investors looking to diversify and venture into NFTs.
4. It Is Uniquely Positioned to Disrupt the Video Industry
The video industry is ripe for disruption. The current model of online video streaming is centralized, with a few significant companies controlling most of the market. This gives these companies a lot of power over content creators and users. It also means that the cost of video streaming is very high.
Theta is uniquely positioned to disrupt the online video streaming industry. Furthermore, the Theta Network is decentralized, which means that a single company does not control it. This gives power back to content creators and users. In addition, blockchain technology allows Theta to reduce the cost of video streaming by up to 80%. This will ensure that content creators earn more and that users can enjoy high-quality video streaming at a lower price.
5. Resource-Oriented Micropayment Pool (Romp)
The Theta network uses a resource-oriented micropayment pool (ROMP) to incentivize users to share their resources. To further understand, ROMP is a type of blockchain technology that allows users to earn rewards for providing their resources to the network.
Using ROMP means Theta can offer a more incentive-based model for video streaming. This will lead to more efficient use of resources and a lower cost for video streaming. This pool also plays a vital role in the network process. One such protocol is an off-chain micropayment pool. This will allow network users to withdraw their earnings using off-chain transactions. This makes it easy and seamless for users to receive their rewards.
Theta has a bright future. The team is experienced, the project is well-funded, and it has strong partnerships. In addition, Theta is uniquely positioned to disrupt the online video streaming industry. Using NFTs will also help to increase the platform’s adoption. This makes investing in Theta a smart move for any crypto investor.
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