Theta (THETA) is a blockchain powered network purpose-built for video streaming. Launched in March 2019, the Theta mainnet operates as a decentralized network in which users share bandwidth and computing resources on a peer-to-peer (P2P) basis. Developers say that the project aims to shake up the video streaming industry in its current form (centralization), poor infrastructure and high costs mean that end users often end up with a poor experience. Content creators likewise earn less revenue due to the barriers between them and end users. Theta’s main business concept is to decentralize video streaming, data delivery and edge computing, making it more efficient, cost-effective and fair for industry participants. The network runs with two native tokens, known as Theta (THETA), Theta Fuel (TFUEL), powering the internal economy. Theta’s appeal is threefold: viewers get rewarded with better quality streaming service, content creators improve their earnings and middlemen (video platforms) save money on building infrastructure and increase advertising and subscription revenues. Theta was co-founded by Mitch Liu and Jieyi Long in 2018. Liu has a long history in the gaming and video industries, co-founding video advertising firm Tapjoy, mobile social gaming startup Gameview Studios, and THETA.tv, the live streaming platform whose Dapp was the first to be built on the Theta protocol. Theta counts with Google, Binance, Blockchain ventures, Gumi, Sony Europe and Samsung as Enterprise validators, along with a Guardian network of thousands of community-run guardian nodes. Here comes a detailed information video courtesy of Coin Bureau.