Theta’s main business idea is to decentralize video streaming, making for a more effective and low-cost video streaming, data delivery, and edge computing, while maintaining a fair industry for participants. Market Size, Idea Validation, and the future of the Theta project The partners of the project include Google, Samsung, Binance,, and Gumi. Was 38.2% Retracement Enough To Resume QNT Recovery? Cryptocurrency Price Predictions The main function of the Theta crypto-economics is to ensure the utility and security of the Theta network through adequate incentivizes to all Theta ecosystem stakeholders. The Theta network launched three Mainnets at different times with incremental upgrades and functionalities, starting with Mainnet 1.0 launch in March 2019, Mainnet 2.0 launch in May 2020, and Mainnet 3.0 launch in July 2021. The launch of the Theta token was first announced in November 2017 followed by the token sales in January 2018. Users on the Theta network who act as peers, sharing excessive, redundant computing power and bandwidth resources are incentivized with the Theta token. We’ll be looking into the THETA token in this article. The Theta network has two tokens, namely, THETA and TFUEL. The project was started in 2018 by Mitch Liu and Jieyi Long. Theta Network is a blockchain protocol that improves the creation, streaming, and how video contents are consumed. Advertisement Theta History: The Inception Story