Hi everyone :)
This post is about a crypto that may potentially be the FUTURE of video!
Its called THETA TOKEN.
The Theta blockchain is a decentralized video streaming infrastructure that provides economic and technical solutions.
Basically, video streaming is the future. Everyone's on FB live/ Instagram Live these days. With so much streaming, it becomes laggy. I personally suffer from lag and Theta would be the solution to this problem!
Well, if I don't suffer from lag, what's the purpose of Theta? Theta would actually lower down the cost of publishers and content creators who will then no longer need to develop expensive infrastructure.
Example, someday in future, Youtube / Netflix/ Twitch may be built on top of the Theta Infrastructure. They will benefit greatly as it will lower down their operational cost for video streaming by more than 50%.
Users will earn Theta tokens as they watch videos and share their computer's bandwidth at the same time.
Its definitely a 3 way win system for everyone.
I also believe strongly in the team that consists of world class talent. Ie co founders of Youtube/ Twitch /Ethereum / Sliver.Tv .
Investors include Samsung / Sony etc etc
The team consists of world class entrepreneurs. Funding shouldn't be a problem for them.
More info can be found on their webpage https://www.thetatoken.org/
What's my opinion on this Token?
Recently, it was listed on Binance and it went up a lot before crashing back down.
The Binance hype was just temporary and the short term traders will be flushed out.
The Testnet will be launched soon and I believe there may be a short term rebound on this.
The net effective Token price that was initially invested by investors was $0.067.
Anything below that would be a HUGE opportunity.
Theta Token's valuations:
Its actually somewhat in the same industry like AKAMAI which is valued at $13.71 billion USD.
I believe that Theta has the potential to be better than them.
Its current market cap of $81 million USD offers a potential return of 169 X if compared to $13.71 billion.
Well thats just a dream.
But dreams do come true right?
Another fact that I want to highlight is the fact that Sliver.TV's ranking on Alexa has been steadily increasing for the past few months. Its global rank is now in the top 20k and traffic to the website is continuously growing.
Risks:
- General Crypto market continuous decline.
- Delays in execution.
- Support of 0.095 broken
Rewards:
- Long term valuation of $20.00
- Short term rebound from 0.095 to 0.14 = 47% Return
Well even if the crypto thing doesn't work out as planned, i believe that an 80$million dollar valuation is undervalued for a company that is prominent, growing fast and ambitious.
Kindly Follow / Upvote / Resteem if you liked the article.
Have a great weekend guys :)
This is not financial advise.
Trade at your own risk. TWY will not be held responsible for any decisions or losses made.
Article by TWY
We'll Smile in The End.
Feedback/ comments would be highly appreciated :)