Theta Network (THETA) is a decentralized blockchain platform specifically designed for video, media, and entertainment use cases. It operates on a dual network system, comprising the Theta Blockchain and the Theta Edge Network. The Theta Blockchain facilitates payments, rewards, staking, and smart contract capabilities, while the Theta Edge Network handles compute, storage, and delivery tasks for video streams, AI tasks, and other data-intensive operations ¹.$NEO

*Key Features:*

- _Decentralized Video Delivery_: Theta Network reduces content delivery costs, making it a cost-effective solution for developers and businesses in the video streaming industry.

- _Dual-Token System_: THETA serves as the staking and governance token, while TFUEL is used for transactions and smart contract interactions.

- _Theta EdgeCloud_: A hybrid cloud computing platform built on a fully distributed architecture, set to launch in 2024.

*Token Information:*

- Market Cap: $1.32 billion

- Circulating Supply: 1 billion THETA

- Total Supply: 1 billion THETA

- Current Price: $1.32 ¹

*Use Cases:*

- Decentralized video streaming

- AI tasks and data-intensive operations

- Digital collectibles through ThetaDrop NFT marketplace

- Web3 infrastructure solutions for media companies

*Partnerships and Governance:*

- Collaborations with major corporations like Google, Samsung, and Sony

- Enterprise validator and governance council featuring industry leaders

- Advised by Steve Chen, co-founder of YouTube, and Justin Kan, co-founder of Twitch ¹

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