Theta is one of the blockchains with astonishing growth. Its TVL increased by 87% in the past week. Although Theta’s network has seen recent ups and downs, it continues to rack up new partnerships.
One of the latest uses cases occurred with Fuse TV, which recently revealed a new collaboration with Theta Network. Therefore, in this article, you will discover more about how the Theta network will leverage video streaming.
Theta Network is Integration NFTs with Video Streaming
Several projects and NFT campaigns have chosen Theta’s green marketplace to launch their digital assets. Theta Network offers a low barrier to entering the NFT market and features an easy payment structure.
In this case, the new series of NFTs would feature singers, Afro-Latina activists, singers, and show hosts. Amara La Negra and her Fuse series, “Don’t Cancel Me with Amara La Negra.”
Welcome @fusetv to the @Theta_Network family. Looking forward to a broad collaboration across NFTs, ThetaPass, video media, entertainment etc. https://t.co/eFE5ip1HDR
— Mitch Liu | Theta Network (@mitchliu) January 26, 2022
Theta Network, A Unique Streaming Platform
The streaming industry is a highly demanding space where users often demand higher quality. However, some streaming networks cannot keep up with the demand for quality, rendering them obsolete in the dynamic industry. Theta’s network resolves some of these problems.
Theta Network is a peer-to-peer video streaming platform. It offers cheaper and more decentralized digital entertainment than centralized alternatives. Theta’s use cases make it a class above other content delivery platforms.
Furthermore, Theta runs a user-driven system backed by blockchain technology for easy transactions between its global users. Also, for most users, the platform has sealed its place as the king of content.
With the streaming site, users can access a variety of content options, including e-sports, movies, TV shows, and music. With Theta’s platform, users can access quality content from anywhere in the world.
We're looking forward to innovating in the sports and entertainment metaverse with @EntainGroup, the leading global sports betting, gaming and interactive entertainment company! More details coming soon on our first collaboration with their @partypoker brand https://t.co/ZnopK5clle
— Theta Network (@Theta_Network) January 31, 2022
What Does the Future Hold for Theta?
Although the year has not been green for Theta and the general crypto community, there is room to believe in Theta’s growth. The full launch of the ThetaDrop NFT marketplace is one of the most significant breakthroughs for Theta in 2022. This launch positions Theta for increased demand for its services in the coming months.
Also, with partnerships with Sony and Samsung, the gaming and video streaming markets will experience a further boom. The gaming world seems set to enjoy a similar explosion in 2022 as it did last year. Theta’s users stand to benefit from this surge. Furthermore, by watching other users play games like League of Legends, users of the Theta. tv interface can win incentives.
THETA Price Outlook
According to CoinGecko, THETA currently trades at $2.73. Furthermore, it has a 24-hour trading volume of $124 million and a marketcap of $2.7 billion. Theta’s network is down 5.54% in the last 24 hours.
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