Crypto Heidi: Theta Network - We Can Power All Video Platforms: Centralized YouTube/Twitch and Decentralized Ones!

  • Wednesday, 05 September 2018 05:52
To solve the problems of CDNs, Theta Network built an infrastructure for video platforms, such as YouTube and Twitch, to integrate with. SLIVER.tv, a streaming Esports video platform, as well as the parent company of Theta Network, has integrated the infrastructure provided by Theta into their back end. And they are getting benefits out of it: 1. Users can stream with other users located nearby them. This peer-to-peer decentralized CDN makes the video stream smoother. 2. Users can earn Theta tokens, which is their incentive for sharing their bandwidth on the network. 3. Lower cost of delivering video streams. Theta Token is trying to make a difference to CDN. CDN is an enormous market, "currently Akamai alone, the largest player in the CDN space, is about a $15 billion market cap." said Wes Levitt, the Head of Strategy at Theta Network. Theta Network sees themselves as a compliment to centralized video platforms, such as YouTube, Twitch, and YouNow. And they get a competitive advantage from their parent company SLIVER.tv, with 5 million visits per month. They are using this existing user base to test their technology. Theta Network not only can have centralized video platforms to build the apps on top of their protocol, they also encourage more decentralized video platforms to build on top of it. So they set up a $2 million developer fund, cause they'd love to get more developers started building some projects on top of Theta Network. Connect with Wes Levitt on LinkedIn: https://www.linkedin.com/in/weslevitt ------------ https://www.thetatoken.org/ https://t.me/thetatoken https://github.com/thetatoken https://www.facebook.com/ThetaToken/ https://medium.com/theta-network Heidi Yu on Social Media: YOUTUBE- http://bit.ly/heidiyu INSTAGRAM- https://www.instagram.com/heidihanyu/ FACEBOOK- https://www.facebook.com/heidi.han.yu TWITTER- https://twitter.com/heidihanyu Support Heidi's startup: http://www.BOOSTO.io Support crypto community: http://www.cryptoinfluence.io

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