06-07-2021, 08:30 PM
this project started as sliver.tv - a twitch like competitor. they quickly realized that, without a shit ton of money at the start, it's not really a tenable idea. bandwidth/hosting is expensive and all that. so, they set about to make a more efficient p2p decentralized video streaming service. i didn't like the sliver.tv name, and i wanted to see how their edge nodes worked prior to getting into the project. that's when THETA went from $0.05—>$2.00 and i got in. they wanted to make something, but ended up creating something far, far better. that's something that will be big going forward, does a particular chain provide solutions to existing or arising problems? it better.
thus the theta token and network were born, with sliver.tv rebranded to theta.tv. the theta chain is already infinitely more useful and profitable than streaming site. i'm positive they will be serving media like shows, movies, and music over the theta network streamed to phones, tvs, pcs and such. i see a mix of personal streamers, almost cable tv like channel streams, and on demand content. we'll be able to buy an NFT granting either limited or unlimited views of a given piece of media. this is how the used market will work going forward, you'll be able to sell your NFT representing a movie for example, with a portion of that NFT sale going back to the creator.
might get a bit bumpy, but that's how it goes when you're forging a new path.
thus the theta token and network were born, with sliver.tv rebranded to theta.tv. the theta chain is already infinitely more useful and profitable than streaming site. i'm positive they will be serving media like shows, movies, and music over the theta network streamed to phones, tvs, pcs and such. i see a mix of personal streamers, almost cable tv like channel streams, and on demand content. we'll be able to buy an NFT granting either limited or unlimited views of a given piece of media. this is how the used market will work going forward, you'll be able to sell your NFT representing a movie for example, with a portion of that NFT sale going back to the creator.
might get a bit bumpy, but that's how it goes when you're forging a new path.