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Esports Crypto Streaming Service Turns Bandwidth Into Profits

  • Theta has built a peer-to-peer video streaming network
  • Katy Perry takes stake in Theta Labs, to offer NFTs to fans
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Source Theta.tv

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One of the biggest knocks against most cryptocurrencies is that they have few real-world benefits besides speculation.

In the case of the digital token Theta, the blockchain project underpins a peer-to-peer video streaming network that offers rewards to many of its 1 million monthly users in exchange for unused bandwidth. After rallying more than 300% this year, Theta’s market value has swelled to around $6 billion, putting it in the ranks of the top 20 digital tokens, according to data from CoinMarketCap.com.