Projects listed: 276 |
BTC Dominance: 51.13% | Volume (24h): $42,705,446,041 | Market Cap: $2,608,723,484,114
Theta Network
THETA
$1.40
Sector
Streaming
Exchange Debut
2018-04-28
Market Cap
1,402,340,057
Maxim Supply
1,000,000,000
Circulating Supply
1,000,000,000
Circ. Supply(%)
100.00%
Theta Network
THETA
Price
$1.40
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
21230900
1.46631539894
1.345014791742
Change 24h
Change 7d
Change 30d
-3.3736
-5.9158
-13.002
Maxim supply
Circulating supply
Circulating supply(%)
1,000,000,000
1,000,000,000
100.00%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the Theta Network cryptocurrency:
The Theta Network, a purpose-built blockchain network for video streaming, has shown commendable results in our recent fundamental analysis of the Theta Network cryptocurrency. Notably, the project carries an impressive score of 8.31 out of 10. Theta, advised by industry heavyweights like the co-founders of YouTube and Twitch, and counting Google, Binance, and Samsung among its enterprise validators, effectively harnesses the power of decentralization to enhance peer-to-peer resource sharing.
SOCIAL & MASS MEDIA: Score 9.45 out of 10
Theta has shown incredible prowess in social and media engagement. Its ability to attract followers on social platforms and sizable community on chat groups were exceptional, both earning perfect scores. The presence in media, too, was top-tier. However, the activities of social media administrators slightly lagged, hence, there’s room for improvement there to optimize the overall social media strategy.
AUDIT & SECURITY: Score 8.23 out of 10
In our fundamental analysis of the Theta Network cryptocurrency, the project displayed strong audit and security performance. The transparency of public information and audit results are commendable, contributing to its reliability. Its high liquidity on exchanges further strengthens the trust in the project. However, there’s room to improve transparency and audit results to further fortify its score.
TOKENOMICS: Score 9.25 out of 10
Theta’s token economy is robust, earning a high score of 9.25. It’s particularly impressive in how it manages inflation, but the decentralization of its monetary mass could see some enhancement. A more balanced distribution could amplify the resilience and appeal of the project in the long run.
ECOSYSTEM DEVELOPMENT: Score 8 out of 10
When examining the ecosystem development of Theta in this fundamental analysis of the Theta Network cryptocurrency, it showed steady progress, hitting key objectives and planning new developments. However, continuous innovation and frequent achievement of milestones could further uplift its appeal to both users and investors.
TEAM & DEVELOPERS: Score 7.1 out of 10
The team’s experience is notable and positively impacts the project. However, the number of software developers falls short. Expanding the developer team could greatly contribute to faster and more robust developments, strengthening Theta’s standing in the blockchain ecosystem.
PRODUCT & UTILITY: Score 7.7 out of 10
Theta Network’s product utility scored well, reflecting the practicality of its video-streaming focus. The utility of tokens in the ecosystem, while reasonably good, could benefit from increased integration and use cases within the network.
PARTNERS & INVESTORS: Score 8.5 out of 10
Theta’s partners and investors play a vital role in the project’s success, with high-profile enterprises and influential individuals backing the project. More diverse and strategic partnerships can open new opportunities and markets for Theta.
Fundamental analysis of the Theta Network cryptocurrency – The final conclusion
In the light of the scores from our fundamental analysis of the Theta Network cryptocurrency, it is evident that Theta Network holds significant potential as a blockchain-based video streaming platform. It shines brightly in its social and media outreach, tokenomics, and backing from notable partners and investors.
However, some aspects, such as the activities of social media administrators, the decentralization of monetary mass, and the size of the developer team, could be enhanced to further solidify its position in the blockchain landscape.
In terms of risk, while all investments inherently carry some degree of risk, Theta Network’s impressive overall score, combined with its high-profile backers and unique value proposition, suggest that it may present a relatively balanced risk-reward scenario for investors.
What is Theta Network?
Understanding Theta Network
Theta Network is a decentralized platform designed for video streaming, utilizing blockchain technology. Launched in March 2019, the project is endorsed by notable figures such as YouTube and Twitch co-founders, Steve Chen and Justin Kan respectively. The network’s main cryptocurrency token is Theta (THETA), supported by a robust governance system with validators including tech giants Google, Sony Europe, and Samsung. This network provides an array of services covering esports, music, TV, movies, and education, through partnerships with diverse platforms including Samsung VR, Cinedigm, and THETA.tv.
Theta’s Unique Proposition
Theta’s uniqueness lies in its decentralization of video streaming, data delivery, and edge computing. It aims to make these processes more efficient, cost-effective, and equitable for all stakeholders. The network operates with two native tokens, Theta (THETA) and Theta Fuel (TFUEL), that power the internal economy. Viewers, content creators, and video platforms all stand to benefit: viewers receive better streaming quality, creators boost their earnings, and platforms save on infrastructure costs while increasing revenue from advertising and subscriptions. The reward for users watching network content and sharing resources is TFUEL tokens.
Theta Network’s Innovations
A fundamental analysis of the Theta Network cryptocurrency shows that it is part of a broader ecosystem that includes an open-source platform, allowing token holders to exercise governance rights common to proof-of-stake blockchain systems. Besides video, data, and computing, the network also provides a platform for developers to create decentralized applications (DApps) using its EVM-compatible Smart contract platform. Through this approach, Theta Network aims to transform the current video streaming industry, known for its centralization, inadequate infrastructure.
- Latest analysis update: September 23, 2023
Theta Network - THETA performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
