The blockchain network Theta Network was launched in 2019 by Theta Labs.
The two people behind the development of the project are Mitch Liu and Jieyi Long.
Prior to working on Theta Network, Mitch Liu and Jieyi Long gained significant experience in gaming, the video industry and virtual reality.
Theta Network is a blockchain-based solution forexchanging graphics capabilities on a peer-to-peer basis, i.e. without intermediaries.
In concrete terms, on the Theta Network, you can buy and sell bandwidth (graphics power).
You won’t be surprised to learn that Steve Chen, co-founder of Youtube, was one of the close advisors on the Theta project!
The streaming platform runs on its own blockchain, which is compatible with Ethereum.
Following the launch of mainnet 3.0 in 2021, Theta Labs launched Theta Metachain in 2023, a blockchain architecture that enables greater scalability.
The blockchain network involves the following two tokens:

• THETA, the platform’s native token for network governance, staking and security.
• ThetaFuel (TFUEL), the operational token of the Theta protocol.
  It is used to manage transactions on the network.
  THETA’s staking rewards are also paid out in TFUEL.

Project Theta was a great success from the outset, raising an initial $20 million.
Since then, the Theta project has attracted leading investors such as SONY, BDMI, Blockchain.com, Samsung NEXT and CAA.

The Theta Network blockchain protocol has the advantage of offering a concrete solution to a topical problem.
With the explosion in video streaming and the arrival of high definition (HD, 4K, etc.), high bandwidth is needed to avoid video compression, which is detrimental to image quality.
With its bandwidth-swapping platform, Theta Network is a decentralized streaming solution, a sort of Youtube with a web3 twist!
View the THETA course live.
Not only does Theta offer to exchange graphics power, but its platform also enables users to earn money.
When someone “lends” part of their bandwidth, they are remunerated by receiving TFUEL tokens.
The Theta decentralized streaming platform thus lays the foundations for bandwidth tokenization.
Last but not least, the project rests on solid foundations.
Even though it’s fairly recent, it has quickly found its audience of users and investors.
In 2021, the THETA crypto was one of the world’s top 10 in terms of capitalization.
Although it has since fallen back, it is still solidly present in the world’s top 100 (#58 on July 2, 2024).
A sign of its attractiveness is the fact that the project has attracted major partners, such as the recent collaboration with Google.

A secure exchange: Current events show that not all crypto platforms are created equal when it comes to security! Coinhouse offers you secure services to manage your crypto transactions with complete peace of mind. An intuitive platform: Coinhouse’s interface is simple and uncluttered, enabling you to find the features you’re looking for quickly, even if you’re a beginner. Unique customer support: Got questions about your account or your cryptos?
Coinhouse has set up a specialized, French-language customer service. AMF registration: Coinhouse is PSAN registered with the AMF.

1. Registration: To buy THETA, you need to open an account by clicking on “Sign in” on the Coinhouse home page, then “Create a free account”.
   The exchange will simply ask you to fill in a short form.
2. Verification: Before giving you access to the various financial services, Coinhouse carries out an identity check as a security measure.
   You will be asked to take a selfie with an identity document in hand.
3. Depositing funds: Now that you have access to your Coinhouse account, all you have to do is deposit funds.
   You can do this by card or bank transfer.
4. • Buying THETA.
     By clicking on the “Buy” button, you can acquire THETA cryptos with euros.
   • THETA exchange.
     By clicking on the “Exchange” button, you can exchange USDC (buy USDC quickly with CoinhouseBuying THETA: Coinhouse offers two ways to buy THETA cryptos:
5. Secure storage: Storage is an important parameter in crypto.
   Once purchased, you need to store your THETA cryptos securely.
   For this, Coinhouse offers you its integrated, secure and easy-to-use wallet.

Selling THETA cryptos is simple.
On the Coinhouse home page, simply click on “Sell” and enter your bank details.
Funds will be transferred within one to three working days.

A partnership with the Golden Knights NHL team. On January 16, 2024, Theta became a partner of the Golden Knights team, bringing web3 and NFT products to fans. Major developments in 2024. The developers plan to launch the Theta EdgeCloud cloud platform, which will bring better performance and costs 3 to 5 times less than current cloud solutions such as Microsoft Azure, AWS or Google Cloud.