ENJIN COIN
ENJIN COIN
Coin: THETA NETWORK (THETA)
The Theta Network is a decentralised streaming network providing economic and technical solutions to optimise the viewer and creator experience.
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Tokenomics
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Security
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Scalability
Refers to the blockchains ability to support increasing loads of transactions over time.
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Decentralisation
Refers to the degree to which control & power of a blockahin network is dispersed across a network and not controlled by a central authority.
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Applications
Refers to how well the projects core functions solve on and off chain problems.
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Team & Developers
Refers to the experience, knowledge and strength of the projects core team & developer community (ie. Github).
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Usage & Adoption
Refers to how widely used and adopted the projects core applications are by the broader economy.
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Community Strength
Refers to the size, loyalty and legitimacy of a projects community across Twitter, Reddit, Discord, Youtube & more.
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Overall Rating
Refers to the combined rank computed as a simple average.
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Investors:
Consensus FinTech Group, DU Capital, Fundamental Labs, Genesis Block, Gumi Cryptos, Huobi Capital, Jove Capital, Nirvana Capital
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Disclaimer: Platypus Terminal does not provide any investment advice, nor is anything mentioned an offer to sell, or a solicitation of an offer to buy any security or other instrument. Under no circumstances should investments be based solely on the information provided. We do not guarantee the security or completeness of our information, and are not held liable.
Theta Network was established in 2018 by Mitch Liu and Jieyi Long with the intention to disrupt the online video streaming industry. Using its patented, blockchain-based decentralized video protocol, the Theta Network aims to provide a seamless connection between creators, viewers and distributors, enabling free, high-bandwidth content delivery. The Theta Networks native tokens are the Theta Token and T Fuel, with a maximum supply of 1 billion and 5 billion tokens, respectively. The Theta Token can be staked by nodes on the network who receive T Fuel as a reward.
T Fuel is then used to pay for transaction fee’s on the network. These tokens are used within a multi–Byzantine Fault Tolerant (BFT) as the consensus mechanism. Theta Network has inked notable partnerships with players across the industry, including Samsung, Google, MGM, Ethereum and Chainlink. YouTube Co-Founder Steve Chen is also listed as a lead advisor to the Theta Network. Coverage of Theta is brought to you by Platypus Terminal.
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