What is Theta Token (THETA)

THETA is a blockchain based video platform. Video costs a lot of bandwidth, especially for newer videos with 4k (and even higher) support. This means many from around the globe wont get to experience new innovations in the video industry. THETA is a decentralized video delivery network which aims to solve this issue. All e-sports, TV shows and movies will have their own decentralized apps. THETA will do this by not having a central server to host all videos. Instead viewers will watch and at the same time make the video for other viewers. This is like Acestream but with an incentive. Steve Chen, co-founder of Youtube is involved with this project.