Review on THETA by Joseph Bello
Theta A Project With An Aim Of Changing The Online Video Contents
Blockchain offers us an unlimited advantage in a world where excellent and highly exceptional technological innovation is the order of the day and this great masterpiece hasn't left any stone untouched in every aspects of the human life.
Theta is one of the numerous blockchain innovation in the crypto space that came into surface in 2017 and was introduced by the two novelist Mitch Liu and his partner Jieyi Long. Theta is simply an online video streaming decentralized platform running on a blockchain system. Theta has placed both video content creators and their viewers at a close end to each other by taking the use of CDN operators ( Content Delivery Network Operator ) out of the system . Making use CDN servers comes with some drawback for both the video creator and viewers in terms of the revenue content creators get back from their contents and the quality,performance and loading speed the viewers have. This is were Theta comes into play, they take the responsibility of ensuring that the producer's contents gets to the users at a low cost and that the viewers enjoy an high quality video, hence creators are able to generate more revenues from their contents. Both the content producers and viewers are reward on Theta for producing and consuming video contents.
Theta runs using two token which is the Theta token and Tfuel this makes the project quite similar to Ethereum considering their goals, Ethereum is about changing the internet setup to be much better by eliminating the use of intermediary while Theta has the mindset of erasing the use of CDN's operators, also both projects are fueled using their own native currency to make their transactions feasible.
Theta has really achieved a lot and hascreated a niche for it self as the first decentralized video streaming platform so I'm giving a kudos to the team behind this successful innovation alongside a five star rating for their relentless efforts and sevice .
Pros
- They ensure video content creators and media companies make greater revenues from their products
- Viewers are rewarded for watching videos and Ads on Theta
- Being a blockchain project Theta holds a lot of potentials and value
- It delivers quality video/images to viewers.
Cons
- I not upset with any of their service.
