Going to start making transactions at the crypto market? Learn about theta crypto, its price and potential as an investment asset.
To begin with, “Theta” is the common name of:
A blockchain-powered network, based on a P2P protocol; and
its native cryptocurrency.
The blockchain was built specially in order to power decentralized video delivery through the network. Among the sophisticated technologies applied were Aggregated Signature Gossip Scheme, Multi-BFT Consensus, and Resource-Oriented Micropayment Pool.
This network is publicized as the next-gen entertainment, because decentralized video streaming infrastructure it provides is way cheaper than existing centralized platforms. Music and TV, e-sports and movies, distance learning materials, peer-to-peer streaming and many more – all this is being delivered to the audience as efficiently as never before. Various content providers, including video platforms, get an opportunity to easily build specialized Dapps (Decentralized Apps).
There are two tokens on the blockchain: THETA and TFUEL (i.e., Theta Fuel). The former serves solely for governance purposes, while the latter powers transactions.
THETA initially came into existence as an ERC-20 token back in 2018, but moved to its own blockchain in March 2019. When the mainnet was launched, five TFUEL tokens were issued for each THETA. The total supply of THETA is capped at the level of 1,000,000,000 (one billion) tokens, and that of TFUEL equals 5,000,000,000.
The live THETA token price is $4.56 USD as of today. In the last 24 hours, theta coin price got down by 5.60%.
The 24-hour trading volume amounts to $224,649,189.
The live market capitalization of THETA is $4,563,570,300, so it currently ranks #40 by Market Cap.
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Charts where ever-changing price of theta coin is displayed in real time (theta graph). As you know, there is no such thing as a stable price of theta - crypto currency market is extremely volatile. But with indusCrypto, you have a good chance to succeed!