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Cryptocurrency News Video

THE TRUTH: Why isn't THETA Network on Coinbase?

Mar 27, 2024 at 06:06 pm Liam Hayne Crypto

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There's no denying, THETA Network is one of the best cryptos you can buy in 2024, but it does have a problem. Since its inception, Theta Token has struggled to acquire listings on many major exchanges such as Coinbase, MEXC and Bitget. The truth is, nobody really knows why. But there are multiple theories, which we will dive into in this video.

Theta is a Layer 1 blockchain and decentralized infrastructure for Video, AI & Entertainment use cases.

Theta is a "dual network" consisting of two complementary subsystems, the Theta Blockchain and the Theta Edge Network.Theta proof-of-stake blockchain provides payment, reward, staking and smart contract capabilities, while the Edge Network is responsible for the compute, storage and delivery of video streams, AI tasks, and other scientific, simulation and financial modeling use cases. There are two native cryptocurrencies on Theta blockchain: THETA, the staking and governance token, and TFUEL, used as gas for all transactions and on-chain smart contract interactions. The next-generation Edge Network, Theta EdgeCloud, is the first hybrid cloud computing platform built on a fully distributed architecture, set to launch later in 2024.

Theta’s Web3 infrastructure enables media companies to drive incremental revenues, user engagement, and new Web3 business models. Theta Video API and Theta Web3 Theater are turn-key decentralized video API for developers offering significantly lower costs for video transcoding, storage, and content delivery, powered by patented Digital Rights Management technology.

Theta blockchain also underpins the ThetaDrop NFT marketplace in partnership with Katy Perry, Samsung, Sony, American Idol, The Price is Right, Taste of Home, and other leading brands aiming to disrupt the digital collectibles industry.

#Thetanetwork #Crypto #Altcoins
Video source:Youtube

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