Back in January of 2018, weeks after the entire cryptocurrency market began tumbling down and the ICO craze was fizzling out, Theta token launched their ICO. Decentralized video delivery network, sounded great right? But it launched during a sea of red and was largely poo poo'd by the ICO review websites. Decentralized CDN? Sounds great but as we saw so many times, 90% of these claims by cryptocurrency makers are pie in the sky and are ultimately not fulfilled.
Until now.
I've been following Theta Token's roadmap since 2018 and they're one of the few that have really stuck close to their roadmap, a rarity. This tells me they're in it to win it. I'm going to give you a list of reasons why THETA is one of the few real deals in crypto and a sure bet going forward.
1.Enterprise Nodes (Google, Sony, Samsung and 11 other companies?).
The fact that Google has an enterprise node and earning TFUEL (think of ETH Gas) indicates to me that Youtube and Youtube TV will be using the Theta Network to lower costs. Maybe Google streaming platforms of other kinds will also use it. I suspect Sony will be utilizing THETA for Playstation network and the delivery. Sony Pictures may be developing a streaming app to be released soon and because it uses THETA, it may be inexpensive vs Netflix just because THETA is less expensive than Netflix's AWS and Open Connect operation.
3 of the other nodes are companies you know, Blockchain, Binance, Gumi, then there are 8 other enterprise nodes which may also belong to Google etc. Or they may be companies that cannot currently be disclosed. 3 of the EN are located in Northern California. So I'll allow your imagination to run wild with that.
2.Direct To Consumer TV and Film.
Lionsgate has already inked a deal, aforementioned Sony already has an Enterprise Node. Samsung has a node (VR, AR, etc). Pandora.TV is a partner, Moviebloc (MBL is a coin to grab if you're bullish on THETA). They are laying the foundation for a new kind of streaming Television and Movies, no need for monthly bills, memberships, you watch as you go. And btw you buy enough TFuel you can run your own edge node and get paid yourself, so your PC will do the work, you get paid in TFUEL, then spend it on the entertainment you like or redeem it.
3.Real Value and Physical/Mechanical Use Case.
Aside from BNB, BTC, ETH, and maybe 2-3 other coins and tokens, there is absolutely no near-term use case if at all for 99.99998% of the cryptocurrencies in existence. THETA already has Google, Samsung, Sony, Binance, lionsgate, and other unnamed companies on board, because it makes content delivery less expensive, more secure, and faster at an enterprise scale. It's that simple. For us little people, we can earn by supporting a CDN. We can't do that with cloudflare or any other CDN.
4.Streaming
Twitch has a hand in THETA so knowing what draws in and attracts the video game streaming and e-sports community is knowledge that THETA has available to utilize.
Bonus: Coinbase listing
I suspect that THETA will be added to Coinbase AFTER Coinbase goes public. Which may be very soon. I think regardless they want to wait until the main net is launched to add it, this would likely prevent dumping of THETA and TFUEL. The mainnet goes live in April so price action and momentum is really building fast.
The three related coins to watch:
THETA
TFUEL
MBL
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Interesting information. They must be doing something right with a quick double in the last two weeks and a $6.5B market cap. I had no idea what they did. Now I know. Thank you.
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