Dynamic and history value of price THETA. Maximal value of price Theta Token was 0.5334$ - 2020-05-27 13:00:11, Minimal price of THETA was 0.04245$ value and fixed at 2020-03-13 02:00:07. Today price of Theta Token is : 0.2993$
The project introduced theta blockchain to solve the challenges facing the video streaming industry today. First, the project uses the theta token as a reward mechanism, which can encourage users to share idle computer memory and bandwidth resources and become a cache node for video streaming. This method can to some extent solve the main bottleneck of the traditional streaming media distribution network (cdn), the so-called “last mile” distribution problem. Second, when the number of cache nodes is sufficient, most users can grab streaming media from peer cache nodes, thereby reducing the bandwidth cost of the content distribution network and reducing the operating costs of major video streaming media sites. Finally, through decentralization, theta tokens can improve the efficiency of the streaming media market. For example, advertisers can lock end audiences at a lower cost and more transparently reward influencers and video content providers.