Andrea Berry, the representative of Theta Network will host the event, which will include discussions and updates on the Theta ecosystem.
Theta Network, a blockchain-based video streaming platform, has announced an additional stop on its 2025 World Tour, scheduled for February 26th, during ETHDenver in Denver, Colorado.
Andrea Berry, Theta Network’s Denver Ambassador, will be hosting the event at the Oxford Hotel Ballroom, offering attendees an opportunity to engage in discussions and receive updates on the Theta ecosystem.
Theta Network, launched in March 2019, aims to revolutionize the video streaming landscape by addressing challenges such as centralization, inefficient infrastructure, and high costs that hinder both viewers and content creators. The initiative is notably endorsed by industry stalwarts, including Steve Chen, the co-founder of YouTube, and Justin Kan, the co-founder of Twitch.
Theta’s primary goal is to decentralize video streaming, edge computing, and data delivery, which aims to enhance efficiency, reduce costs, and create a more equitable ecosystem for all stakeholders in the industry. At its core, Theta operates on its own blockchain and utilizes a two-token system, consisting of THETA and Theta Fuel (TFUEL).
This decentralized video streaming network rewards viewers with a superior streaming experience, enables content creators to boost their revenues, and helps video platforms save on infrastructure costs while potentially increasing ad and subscription incomes. Users are incentivized to consume content and share resources, with rewards dispensed in TFUEL tokens.
Moreover, Theta supports developers in deploying decentralized applications (DApps) on its EVM-compatible Smart contract platform.
The THETA token plays a crucial role within the Theta network, carrying out various governance functions. Prominent enterprises serve as Enterprise validators, including Google, Binance, Sony Europe, Samsung, and others, which are complemented by a vast Guardian network of community-operated nodes. The platform’s open-source nature grants token holders governance capabilities, typical of many proof-of-stake (PoS) blockchain systems.
