Just like Ethereum, Theta Network allows developers to build decentralized applications on the Network. The Network’s high bandwidth content delivery powers are dedicated to relaying videos (or) for video streaming. The peer-to-peer video delivery network relays video, and the primary users earn tokens.
Theta Network is set to capture the next generation of entertainment technology. Its users power the Network being decentralized. Mitch Liu is the founder of the Network.
Mitch Liu is a serial entrepreneur in mobile gaming and online advertising startups, and Jieyi Long, an expert on the technologies for virtual reality, live streaming.
Any network, which solves the problem of significant latency will be a success. Video Streaming is focused on providing a TV-like viewing experience. The power of improved streaming happens when there are an increase in the resources and the infrastructure with demand. This means more people buy into the business deliverables of the Network, contributing to a reliable video delivery process.
How do people make money from THETA.tv? First, those who watch the video streams will be earning TFuel. This is because as you watch the video streams, THETA Network will use your excess upload bandwidth to share the video stream with other viewers.
When you decide to earn TFuel by watching the video streams look for the orange TFuel icon on the top. These are precisely the video streams that will allow you to earn TFuel from. Thus, the more you share, the more you will be able to earn.
After sharing your bandwidth to watch and share the videos, you will be able to earn TFuel. Now, you are left wondering what to do with the TFuel? You can donate it to streamers on THETAtv. You can spend it in the shop to buy a subscription to your favorite streamers.
How much fuel you will be able to earn will depend upon your internet speed and the numbers of viewers you are sharing your stream with. You can communicate with up to 10 peers at maximum. The higher your internet bandwidth, the better you will earn.
If you have good bandwidth and watch video streaming for 24 hours a day from the channels with the TFuel icon, you will be making money 24 hours a day. However, you can watch the video streaming only from one tab. You cannot open multiple tabs.
Those who are interested in earning more from the Theta Network should check the Advanced FAQ section.
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