THETA.tv

About THETA.tv

THETA.tv emerged as a decentralized video streaming platform built on the Theta blockchain, a project co-founded by Mitch Liu and Jieyi Long. Liu, with a background in mobile gaming and video advertising, and Long, a PhD in computer engineering specializing in video streaming, virtual reality, and blockchain, conceptualized the Theta network to address the high costs of content delivery. Their journey began with the acquisition of the live streaming platform SLIVER.tv, which was later rebranded to THETA.tv, becoming the first live streaming dApp built on the Theta protocol.

The platform's core business revolves around esports and live streaming, catering to a global audience of gamers and crypto enthusiasts. It differentiates itself by utilizing a peer-to-peer data delivery network where users share their bandwidth to relay video streams to others. In return for sharing their resources, viewers can earn Theta Fuel (TFUEL) tokens. This model is designed to reduce the reliance on traditional, centralized content delivery networks (CDNs), thereby lowering streaming costs for content creators and platforms.

Content creators, including partners like the World Poker Tour, can stream their content on THETA.tv and earn TFUEL based on viewership. The platform also enables viewers to donate TFUEL directly to their favorite streamers, fostering a direct economic relationship. This token-based economy creates a cycle where viewers are incentivized to watch and share, streamers are rewarded for creating engaging content, and the platform benefits from a more efficient and scalable infrastructure.