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THETA Price

(THETA)

$0.1372
0.00%(5m)

1m5m15m1h8h1d1W
THETA (THETA) Live Price Chart

    THETA Live Price Data

    THETA is currently trading at 0.1372, with a 24-hour trading volume of --. Over the past hour, the price of THETA changed by -1.92%, and over the past week, its value in dropped by -8.16%. The circulating supply of THETA is 1.00B THETA, with a market cap of 0 , down -1.92% in the last 24 hours. THETA is ranked #152 by market cap.

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    Note: This data is for reference only.
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    THETA(THETA) Profile

    altRank152
    rateBB
    Expand
    $0.137
    $0.1421

    ATH
    $15.89840964
    Price Change (1h)
    -0.93%
    Price Change (24h)
    -1.92%
    Price Change (7d)
    -8.16%
    Market Cap
    24h Volume
    Circulating Supply
    1B
    Max Supply
    1B

    About THETA

    • What is Theta Network (THETA) Crypto?

      The Theta Network is a public blockchain that provides a decentralized infrastructure to support end-to-end video content streaming and delivery. It offers a compelling real-world use case for distributed ledger technology outside the world of fintech, the main application that most blockchains focus on.

      The Theta blockchain was designed to focus on digital media and online entertainment, leveraging the innovation of a distributed network to provide a more efficient alternative to present-day leaders in the content streaming space. It offers content creators and resource providers to generate attractive revenue while reducing overall content delivery network (CDN) costs.

      The Theta Token (THETA) is one of two native digital assets of the Theta Network and serves as the governance token of the ecosystem. THETA holders can stake their tokens to become validators who verify transactions on the network and create new blocks.

      The Theta Network also has a second token, Theta Fuel (TFUEL) which functions as the operational token of the blockchain. It serves as the native currency in which transactions are performed and is used to pay for executing smart contracts on the Theta ecosystem.

      In addition to its primary use case as a provider of decentralized infrastructure for video content hosting and streaming, Theta Labs - the company behind the development of the Theta Network, also announced the concept of Theta Metachain in April 2022. Expected to launch on 1 December 2022, the Theta Metachain will work as a “chain of chains,” supporting blockchain interconnectivity to offer more scalability and throughput to the Layer-1 Theta Network. The Theta Metachain is also designed to cater to the upcoming Web3 revolution.

      Theta Network boasts an impressive list of people on its board of advisers, including co-founder of YouTube Steve Chen, co-founder of Twitch Justin Kana, and senior executives at Verizon, Rakuten Viki, and CJ Hello.

    • How Does Theta Network Work?

      The Theta Network is an open-source, EVM-compatible blockchain supporting Turing complete smart contracts. It allows content creators to upload and share video content on a decentralized infrastructure, significantly reducing costs associated with hosting data. In addition, it provides end users a way to earn rewards by giving excess bandwidth and storage resources to the network via their computers, smartphones, smart TVs, and connected IoT devices.

      The EVM compatibility and smart contract functionality make it possible for developers to design and deploy Web3 applications on the Theta Network ecosystem, offering more versatility to the blockchain. In addition to decentralized content management and video streaming, the Theta blockchain can support decentralized applications (dApps) across NFT, DeFi, DAO, and other categories.

      The Theta enterprise validator and governing council include prominent brands that serve as enterprise validator nodes, such as Google, Sony, Samsung, and Creative Artists Agency (CAA). Binance, Blockchain Ventures, DHVC, and gumi. Millions of users access video-based content on the peer-to-peer network that Theta provides.

      In addition to the brands listed above, leading digital content providers like Lionsgate, Metro Goldwyn Mayer (MGM) Studios, and NASA have also forged partnerships with the Theta Network. Some popular video platforms integrated with the Theta blockchain include CONtv Anime, World Poker Tour, Cinedigm, Samsung VR, and MovieBloc.

      Theta Network leverages two networks for operations - the Theta Blockchain, which supports payments, incentives, and smart contracts, and Theta Edge Network, which handles digital content storage and delivery.

    • What Can Theta Token Be Used For?

      The Theta Network also features a dual token design, leveraging the Theta Token (THETA) and Theta Fuel (TFUEL) for various purposes. Let’s take a look at some of the use cases for Theta Token (THETA):

      Staking and Governance

      Users can stake THETA to become validators or Guardian nodes within the Theta Network. By staking THETA and operating a node, you can verify transactions and create new blocks, earning rewards in new TFUEL tokens for your efforts.

      Store of Value and Medium of Exchange

      The Theta Token has a total fixed supply of 1,000,000,000 THETA. As a result, it could be an attractive digital asset to invest in as its value could keep increasing in the future as the adoption of the Theta Network rises.

      Crypto Asset to Trade or HODL

      You can also buy or sell THETA against other cryptocurrencies on leading exchanges where it is listed. You also have the option to buy and hold Theta Token in the long term if you believe in the future potential of Theta Network’s technology. Review the current Theta Network price, THETA market cap, 24-hour trading volume, and news before you trade THETA.

      Earn Passive Income

      Holding and staking THETA on the Theta Network offers you a chance to grow your crypto holdings by becoming a validator for the blockchain. In addition, you can generate passive income risk-freely by holding THETA and lending liquidity in the token to KuCoin. Head to our Crypto Lending section to lend liquidity in THETA to our platform and earn attractive daily interest over seven days, 14 days, or 28 days.

    FAQ

    • How much is 1 THETA (THETA) worth?

    • Is Theta Network a Good Investment?

    • History of Theta Network and THETA Token

    • What Are the Key Competitors of Theta Network?

    • How to Stake THETA Token

    • What is the all-time high price of THETA (THETA)?

    • What is the all-time low price of THETA (THETA)?

    • How much THETA (THETA) is there in circulation?

    • How do I store THETA (THETA)?