A few years ago, no one would have dreamed that a new cryptocurrency could be the next big thing. Theta crypto has a bright future, and it is slated to be one of the first truly decentralized digital assets. However, its recent growth and popularity are a cause for concern. While it has been a fantastic investment, the price is not sustainable and it may dip as low as $5 during March 2020 due to the COVID-19 crisis.
In April 2018, Theta entered the market following a private token sale for $20 million. The San Francisco-based company Theta Labs is the developer of the cryptocurrency. While the platform originally ran on Ethereum, it has since developed a native blockchain. This means that it can be used on many different platforms. While Theta has an impressive track record, the company is a bit overpriced compared to other cryptocurrencies.
This cryptocurrency is backed by a team of investors, including a former Bitcoin developer. As an ERC-20-compliant token, it is easy to use and can benefit from Ethereum’s massive user base, network benefits, and proprietary technologies. In addition, Theta is a fast-growing asset that is currently priced at $0.6. But it is a good long-term investment opportunity if you are prepared to wait a few months for it to break out of the downtrend.
While the market is very volatile, Theta is expected to continue to rise. It is still worth a cautious investment. Its strong network of connections in high-profile tech companies may make it a major player in virtual reality. And given its low volatility, this cryptocurrency may not be that expensive in the short-term. Theta crypto is still in its early stages, so it will need to develop some more before making a decision on whether or not to buy or sell it.
Despite the volatility of the cryptocurrency market, THETA has achieved a strong position in the crypto world. This is due in part to its high-profile partnerships. Theta’s partnerships with Google are a good example of this. Moreover, it is also listed on major crypto exchanges. This boosts its popularity in the market. It also helps to see that THETA is now available on top-tier exchanges.
Theta’s two co-founders are Michael Long and Mark Thielmann. Both have extensive experience in the fields of video streaming, edge computing, and large-scale distributed systems. Their team is small, with only two other co-founders, but the team is still quite impressive. Theta lists strategic corporate investors and their main business concept is to decentralize video streaming, data delivery, and edge computing. They’ve also partnered with Google’s first blockchain-based venture capital fund, Xi.
In addition to their CEOs, THETA has two co-founders. Long is an experienced computer engineer with experience in game development, video streaming, and large-scale distributed systems. His research includes multiple academic papers and holds various patents in the fields of blockchain, virtual reality, and video streaming. Theta’s team is small but has a number of strategic corporate investors. Theta has an excellent track record and is poised for success in the cryptocurrency industry.
Since THETA is an open-source project, it can be traded freely on exchanges. Its open-source model allows developers to create their own DApps, such as video sharing and live streaming. Besides being a decentralized cryptocurrency, Theta is available on major cryptocurrency exchanges such as Coinbase. Aside from these, THETA is listed on the top exchanges of the world. The inclusion of the currency on these exchanges is a sign of its high motivations in the market.
Theta is a cryptocurrency with a high volatility. Therefore, the risk involved is greater than that of other currencies. It is recommended that investors do their own research and evaluate the level of risk before investing in THETA. Theta is a highly regulated and open-source cryptocurrency. Despite its high price, it is still worth investing in. Its price predictions are based on the current market price of the digital currency.
Theta’s network consists of a network with thousands of peer and contributor nodes. The network has a large number of peer nodes, which help it function. The Tfuel is the currency used in the Theta blockchain. It is a popular digital asset that is traded on many exchanges. In addition, it is a valuable investment for content creators. This is why Theta is a viable option in the video streaming market.