Home Altcoins News Theta Network NFT Market Place and Replay Market Disruption

Theta Network NFT Market Place and Replay Market Disruption

Theta Network NFT Market Place and Replay Market Disruption
  • Theta Network Positive Gains in Past Week
  • Overall Sentiment Bearish
  • TDROP to co-exist with THETA and TFUEL
  • Theta Drop the NFT Market Place with live streaming during auctions
  • Affordable Metaverse Coins
  • Replay and Theta Blockchain Technology
  • Replay to Disrupt the Video Streaming Market
  • Real-time income for content creators
  • Earn RPlay tokens by sharing videos
  • Margin call and liquidations

Theta Network has been having a positive week and it has been up by 20% for over a week now.  Despite the positive trend, considering the past history where the price was not doing any great until before Christmas 2021 there is a worry that Theta might lose its momentum quickly. While the past week has been positive with gains most of the days, the overall sentiment continues to be bearish.

TDROP From Theta Network:  The active thing happening in the Theta Network in the recent days is about the launch of the TDROP token.  Thus, TDROP would co-exist with existing tokens like THETA and TFUEL.  Holders of TDROP are reportedly going to enjoy VIP benefits on the Theta Drop NFT Platform. TDROP will also play a role in the governance of the ecosystem like voting rights related to NFT Liquidity Mining Rates.

The governance path is going to be similar to Compound and Uniswap.

Theta Drop NFT Marketplace:  Theta Drop is hailed to be the world’s first real-time NFT Market place powered by the Theta Network based on the PoS Model.  The platform facilitates live streaming during auctions and NFT Drops to improve creator-fan engagement.

Metaverse Coins in Theta Network: Noteworthy about 3 weeks ago the market downturn definitely did hit the price and kept it under $3. While this can be boring for those who are already holding the token, when the price goes down it can be advantageous for those who are trying to buy metaverse coins at an affordable unit price.

Replay and Theta Network Blockchain Technology:  With the backing of Theta Labs, Replay recently launched the Web3 Content Payment and Tracking protocol.  Replay gets its funding from Theta Labs and further integrates the decentralized video infrastructure.

Benefits for Content Creators:  Content creators are mostly “not aware” of how revenue is shared with respect to video streaming; however, Replay’s protocol is beneficial to content owners/creators as it offers users with complete transparency and control.

Replay is expected to disrupt the video streaming market. The video tracking and payments platform is set to empower the web3 content economy by securing real-time payments and facilitating instant liquidity as the content is being consumed. Content viewership is recorded and powered by smart contracts on the decentralized ledger on the Theta Network.

The protocol is also expected to benefit content distributors on YouTube and Vimeo. And, this is irrespective of the business model, whether about sell subscriptions (SVOD), run Ads (AVOD) or to facilitate rentals or PPV (TVOD)

Content creators and related businesses will be able to operate via a predictable model where content creators will be compensated real-time, thus reducing the need to have manual record-keeping and compensation. Further, viewers will be earning RPLAY tokens, which is a TNT-20 token that is built on Theta, for sharing video streams to their nearby peers.

Not an Investment Advice:  For traders, who invest trusting the potential of any ecosystem, liquidations will happen when there are no funds or insufficient funds to fill a margin call.  When the exchange demands additional collateral to keep the trading position funded, traders without funds can suffer.

One such incident happened early this month when a trader of futures tracking the Theta Network token took losses of more than $11 million on a single futures trading.

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Replay RPlay TDROP
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Maheen Hernandez

A finance graduate, Maheen Hernandez has been drawn to cryptocurrencies ever since Bitcoin first emerged in 2009. Nearly a decade later, Maheen is actively working to spread awareness about cryptocurrencies as well as their impact on the traditional currencies. Appreciate the work? Send a tip to: 0x75395Ea9a42d2742E8d0C798068DeF3590C5Faa5

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