Disclaimer: This page may contain affiliate links. CoinMarketCap may be compensated if you visit any affiliate links and you take certain actions such as signing up and transacting with these affiliate platforms. Please refer to Affiliate Disclosure
Theta Network news
About Theta Network
Theta is a Layer 1 blockchain and decentralized infrastructure for Video, AI & Entertainment use cases.
Theta is a "dual network" consisting of two complementary subsystems, the Theta Blockchain and the Theta Edge Network.Theta proof-of-stake blockchain provides payment, reward, staking and smart contract capabilities, while the Edge Network is responsible for the compute, storage and delivery of video streams, AI tasks, and other scientific, simulation and financial modeling use cases. There are two native cryptocurrencies on Theta blockchain: THETA, the staking and governance token, and TFUEL, used as gas for all transactions and on-chain smart contract interactions. The next-generation Edge Network, Theta EdgeCloud, is the first hybrid cloud computing platform built on a fully distributed architecture, set to launch later in 2024.
Theta’s Web3 infrastructure enables media companies to drive incremental revenues, user engagement, and new Web3 business models. Theta Video API and Theta Web3 Theater are turn-key decentralized video API for developers offering significantly lower costs for video transcoding, storage, and content delivery, powered by patented Digital Rights Management technology.
Theta blockchain also underpins the ThetaDrop NFT marketplace in partnership with Katy Perry, Samsung, Sony, American Idol, The Price is Right, Taste of Home, and other leading brands aiming to disrupt the digital collectibles industry.
Theta Network’s enterprise validator and governance council is led by Google, Samsung, Sony, Creative Artists Agency (CAA), Binance, Blockchain Ventures, and other global leaders. Strategic corporate investors include Samsung NEXT, Sony Innovation Fund, Bertelsmann Digital Media Investments (BDMI), and CAA.. Theta is advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch.
The live Theta Network price today is $2.15 USD with a 24-hour trading volume of $21,580,293 USD. We update our THETA to USD price in real-time. Theta Network is down 1.81% in the last 24 hours. The current CoinMarketCap ranking is #52, with a live market cap of $2,154,072,558 USD. It has a circulating supply of 1,000,000,000 THETA coins and a max. supply of 1,000,000,000 THETA coins.
If you would like to know where to buy Theta Network at the current rate, the top cryptocurrency exchanges for trading in Theta Network stock are currently Binance, 4E, LBank, Bitget, and OKX. You can find others listed on our crypto exchanges page.