Name of the project: Theta Network
Ticker of Token: THETA
Chinese name of Token: N/A
Country of Incorporation: USA
Description of the project
Theta Labs leverages the power of blockchain to provide higher quality streaming by increasing global reach in developing countries, lowers costs for content delivery for publishers and broadcasters, and helps content creators capture more of their advertising revenue. Users who share their bandwidth and resources to cache, relay, and re-broadcast video streams with the network are rewarded by mining Theta tokens.
Total available supply:1000000000THETA
Tokens in circulation: 618750000THETA
Pre-sale start date: 2017/9/1
Pre-sale amount: 300000000THETA（￥130000000）
Pre-sale price: ￥0.65
Public sale start date: N/A
Public sale amount: N/A
Public sale price: N/A
22.5%: Theta reserve
15%: Network seed/strategic partners
7.5%: Advisor, employee incentive pool
25%: miner reserve
The presale was lead by Danhua Capital. Additional purchases of the pre-sale tokens include silicon valley VC DCM, Sierra Ventures, leading China blockchain visionaries? Linkvc, Consensus Fintech Group, Nirvana Capital, Heuristic Capital, ZP Capital, Sparkland, ChainPE, BitAngel, and I Blockchain Capital, Japanese corporate partners, Gumi, Starbase, and Explorer Chain.
Facts & figures
over 1M Theta tokens have been used by 980,000 users on SLIVER.tv platform. Theta tokens can be earned immediately by fans on SLIVER.tv, used as gifts for their favorite influencers and soon to buy virtual goods for their favorite games. Additionally, tokens can be utilized by advertisers and brand sponsors to fund ad campaigns and support key content creators. New blockchain functionalities are planned to be rolled out in 2018, including support for premium services, virtual goods purchase, and more.
Official site: https://www.thetatoken.org/