
Theta Labs
Next generation video and entertainment blockchain.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round |
investor | €0.0 | round | |
investor investor investor investor investor investor | €0.0 | round | |
N/A | €0.0 | round | |
investor investor investor investor | €0.0 | round | |
investor | €0.0 | round | |
N/A | N/A | - | |
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Theta Token, operating under the website thetatoken.org, is a pioneering startup in the digital currency market. The company operates within the blockchain industry, specifically focusing on video streaming. It has developed a unique business model that leverages blockchain technology to improve the quality and efficiency of video streaming, which has been a persistent issue in the industry.
The company's primary clients are video content creators and viewers. Theta Token provides a platform where viewers can earn tokens by sharing their excess bandwidth to relay video streams to other users. This process, known as 'caching nodes,' helps to reduce the cost of delivering video streams and improves the quality of the stream for all viewers.
Theta Token operates in a market that is rapidly expanding, with increasing demand for efficient and high-quality video streaming services. The company's innovative approach to solving the issues of video streaming could potentially disrupt the industry, providing significant growth opportunities.
The business model of Theta Token is based on the use of its own digital currency, the Theta Token. This token is used as a form of payment within the platform, creating a self-sustaining economy. The company generates revenue by taking a small percentage of the transactions made within the platform.
In summary, Theta Token is a blockchain-based video streaming platform that uses a unique approach to improve the quality of video streams and provides an opportunity for viewers to earn tokens.
Keywords: Blockchain, Video Streaming, Digital Currency, Theta Token, Bandwidth Sharing, Caching Nodes, Content Creators, Viewers, Transaction Fees, Disruptive Technology.