Recently we noticed when all the market coins are crashing, only Theta Network is holding strongly at its high price .Did you know the reason behind? Okay no worry ,let me tell you what are the strategies behind .
Theta has announced on its official website about upgrading its mainnet from 2.0 to 3.0 where it aimed to reduce the supply of TFuel by burning tokens and utilise the token for staking where earn will be happen .
The team behind theta is great and always passionated about developing their project at that level where no one will compete them .
Thanks to Mr.Steven Cheng (Founder of Theta Network)who also worked as Co-founder of You tube has brought such a wonderful video streaming project which can benefit next generation with immense value.
Tfuel is heading to skyrocket as the news came to market and currently trading at $0.66 .As per present data analysis ,Tfuel is going to touch $3.00 before mainnet 3.0 launch.
There are big fin-tech giants like Google,Facebook , Samsung already having great partnership with Theta Network also many Video creators from Hollywood has already joined Theta Network .Sorry i forgot to mention NASA space agency which always live their telecast on Theta Network .
Theta Network has just achieve great milestone in less time and there are no such competitors born but few in my list like Dtube, Dlive, Lbry tv , AIOZ Network may challenge in long term in terms of live video streaming.
Theta team is moving one step ahead from current technology trend as they have long term plan to expand the network where live game streaming in tournament style , Live VR effect video streaming can be launched .
The current situation of the market indicates that only technology driven project can rule the blockchain industry.
Theta Network is slowly going up in the coin market cap ranking chart and having strong position at 17th rank as well as Tfuel rank 34th rank.
Viewers want more control over the displayed content, publishers want a bigger cut from advertisers, and advertisers want to reach real users and overcome ad fraud.
quoted from investing.com
Its true in the coming future only we are going to control ourselves in the concept of watching contents about what we need ,when we need and why we need.
Theta Network is heading quite well and surely will be the king of decentralised Live video streaming Platform.
Resources:
www.thetatoken.org
coinmarketcap.com
investing.com