The Rise of Theta Ai Crypto.
Not Theta Ai alone, but the rise of Ai crypto coins over the last year has been really very huge and overwhelming.
There market value has grown to over $26 billions which is really a lot compared to how it was last year around April (2023) when it was just 2.7$ billions.
Cryptoinvestar has just dug a deep understanding on how Tetha ai works and it’s functionality.
Theta is collecting a global network of computers to operate a decentralized videos streaming platform to replace traditional web 2 video streaming platform.
How does video streaming work as of now ?
It should be well said to everyone that content delivery networks CDNs are geographically located and these are paid to deliver video streams content to every end user.
However some are restricted due to poor locations whence can’t keep up with increasing high quality streams.
What Theta ai has done is to allow global pool of user to provide there space bandwidth and computing resources to Theta and get paid for doing so.
This means that’s a many users join the theta ai network
The more bandwidth is available for the platform and hence the bigger the space. The more the high quality video streaming power
Theta ai is able to do this with the help of two cryptocurrencies that runs its blockchain.
We have Theta Coin and also Tfuel Coin
Theta Coin is used for voting ecosystem proposals on the network while Tfuel coin is used for executing transactions
How is Theta Ai crypto disrupting the video streaming industry
Truth is, Blockchain can allow users stay in control of there own data and also enable them to share that data for machine learning in trust less way.
Basically here you are allowing a computer algorithm to process your private data without any single need to pass it to extra third party.
Blockchain can massively impact the way we consume video content and streams in various ways
1. Through smart contracts.
It’s highly very possible now users or video content creators to direct sell there work or videos directly to there supporters and funs and get paid instantly without need of third parties to get involved .
This is amazing because it helps creators recieve 100% of there worth without intermediaries having to take % shares off there profits.
Forexample what if advertisers were able to pay directly to video creators on YouTube and Google didn’t have authority to cut off 40% off peoples ads revenue .
It would be maybe a little bit cheaper for the advertisers and also the video publishers
2. Decentralized payment systems
Well there have been situations where money is being held on streaming platforms, YouTube, Spotify and so on.
Some payments have been held for days and others for months and others blocked.
Content creators have lost a lot.
With Theta Ai systems , being decentralized, it’s important to know that each party can verify its transactions. The central processes have no authority to approve the transactions . It’s peer to peer network happening here and it ensures everything is smooth and agile
3. Media accessibility and ownership
In a Snario where you subscribe to any video streaming platform like TuBi or YouTube or Netflix. You are given access to the media to stream it but you are not given full ownership of it.
You can’t watch that content else where apart from that very platform.
You are unable to download nor share it to family hence you actually paid for it.
With blockchain at Theta ai, this issue is solved at both infrastructure and protocol level. The video is being encrypted and stored permanently through a technology called Interplanetary file system swarm.
And the tracks can be accessed anywhere on the blockchain
4. The Decentralized Blockchain based CDN
It must be communicated that there are terabytes of content consumed everywhere everyday and hence it should be addressed that optimizing the storage space is very essential.
We need a Blockchain powered Content delivery CDN that can help to utilize the collective unused space from users building decentralized applications.
U can use all this untouched space using blockchain
Understanding Theta Ai cryptocurrency??
Theta is taking an advantage that video streaming and consumption has extensively grown in the last years. With introduction of YouTube, TikTok, Instagram reels and Facebook reels it has shown that video sharing has increasingly gone wild.
What Theta ai crypto is changing is how it’s consumption is , the industry is not perfect. There is much to work upon to make stuff amazing.
The solution is to decentralize the consumption with blockchain and let solutions blockchain comes with streamline how content is being delivered.
Theta ai says, it’s enough of ugly pictures and low quality, it’s time to consume content in the most high quality without worrying of storage , the more users get on board, the more stuff get better.
The value of Theta Coin and its market influence.
The value of Theta AI coin derived from the solutions and value the Theta Technology provides. It’s important to be informed that without solutions delivery no value is gained in the world of crypto.
It’s facilitation of peer to peer network for video delivery which results into higher quality and more privacy has let to its impulsive growth.
Also Theta is a valuable token in its ecosystem used for voting and decision making. Guardian and validators also require Theta coin for staking while it is also an import governance token.
The project growth has also been highly influenced by various supporters ie goggle, Sony, Samsung, Binance and others
Theta coin price movements have been growing steadily since its inception at 0.03$ and now trading at $2.23 as of today 7th May 2024.
That’s not however it, Theta coin has ever hit 15.89$ as its ATH value and thus is a good communication of possibilities.
Theta coin ranks at 50th position on CoinMarketCap with a total maximum supply of just a billion coins and with all of it in circulation.
Every single day, over 45 million dollar worth coins are traded and all in circulation the worth is $2.23 billions
On Cryptoslate ai website, Theta is ranking at position 3 on the most influential artificial intelligence crypto coins which is awesome and driving attention to the project.
With just seven years on market since November 2017, the cryptocurrency has grown from 0.03$ to 2.23$ as of today
Well we could say it’s been a slow steady growth in terms of coin price.
Theta explorer on etherscan shows a total number of holder of 30,305 people with over 211,353 transfers
This shows a clear sign that Theta influence has grown to thousands of investors trusting the cause.
The future of Theta Coin Cryptocurrency and decentralized streaming
Certain predictions say that Theta Ai Coin will hit atleast 13$ by 2030
However I would not want to drive this article into wild and manipulative talks but rather to completely 💯 educative
The price of Theta coin will grow as long as the company will retain its trust it has in investors and Continue to grow its brand through continuous marketing.
The price is Theta Token will explode as the usecases become more physical and continue to serve the purposes they were created for.
The ecosystem feeds of what the company delivers, if that’s what the users want then the growth shall keep happening.
Investing in Theta coin is completely risky just like how investing in any other cryptocurrency is,
It’s impossible to invest where your interests are, to invest in what you have information about.
If you don’t understand video consumption neither you have interest in the subject why invest here? What are you investing in? What have you understood?
Won’t you get bored and disgusted at the end of years of waiting?
You don’t want to use the products of the company , you are simply waiting for token increase and then dump and invest in other new start ups.
It’s hard stuff honestly.
To people who live streaming and content production, this could be an opportunity for them to be part of a thing that is creating significant change, a thing that they can be part if there ecosystem by utilizing the products and also enjoying token price growth together as a Theta society.
Before you invest in Theta Ai cryptocurrency
Experience has shown that storing your crypto on centralized platforms is the most risky thing you can ever do in your life it’s very uncalled for.
Even with the top most famous platforms like Binance you can’t trust them with your big crypto amounts.
It’s important to select decentralized wallets for your Theta coins
I have a list of wallets you can download for your theta coins
1. Trust wallet
2. MetaMask
3. SimpleHold wallet
4. ellipal wallet
If you make a decision to buy Theta coin you should go to these exchanges and buy theta then transfer your coins to above wallets I mentioned
1. Kucoin
2. Binance
3. oKX
4. gate.io
5. bitvavo
6. eToro
7. bybit
8. coinbase
Etc
A Small hint on Theta Fuel Token (TFUEL)
You can’t talk about Theta Coin and don’t talk about it’s fuel token.
This token called Theta Fuel is apparently trading at 0.11$
It’s made up of 6.54 billion coins with all it in circulation.
Every single day over 28.28Million dollars worth of Theta fuel is being traded
The entire worth of circulating tokens and supply is $734.98 million dollars
On the other side, There is also an opportunity to get into Theta Fuel when it’s still affordable. As Theta Coin continues to grow, the fuel token will also grow
This Fuel token is a transactional currency at theta Network and will continue to have an impact on the ecosystem operations.
Theta Fuel Token is ranking at 104 rank on CoinMarketCap as of writing of this article . Still a crypto that is given less attention but amazingly growing
Truth is there is so much complicated grammar and technical terms used in various cryptocurrency companies according to there technologies and how they want to brand themselves.
But the aim is to understand user common knowledge information to help you either make a decision or how to get started.
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