Binance.com (CRYPTO:BNB) Lists Theta Token (CRYPTO:THETA)
Hong Kong, May 30, 2018 AEST (ABN Newswire) - Cryptocurrency Exchange Binance.com (
CRYPTO:BNB) will open trading for THETA/BNB (CRYPTO:THETA), THETA/BTC and THETA/ETH trading pairs at 2018/05/29 07:30 AM (UTC). Users can now start depositing THETA in preparation for trading.
Introduction
The Theta protocol solves various challenges the video streaming industry faces today. First, Theta tokens are used as an incentive to encourage individual users to share their redundant memory and bandwidth resources as caching nodes for video streams. This improves the quality of stream delivery and solves the "last-mile" delivery problem, the main bottleneck for traditional stream delivery pipelines, especially for high resolution high bitrate 360deg virtual reality (VR) streams. Second, with sufficient amount of caching nodes, the majority of viewers will pull streams from peering caching nodes. This significantly reduces content delivery network (CDN) bandwidth costs, which is a major concern for video streaming sites. Lastly, the Theta network greatly improves the streaming market efficiency by streamlining the video delivery process. For example, advertisers can target end viewers at a lower cost and reward influencers more transparently.
Max Supply: 1,000,000,000 THETA
Circulating Supply: 628,596,079 THETA
Issue Price: $ 0.150000
To view the Whitepaper, please visit:
http://abnnewswire.net/lnk/I8T05NF0
About Binance
Binance (CRYPTO:BNB) is a cryptocurrency exchange with a focus on the Chinese market and other Chinese coins. Currently, it supports English and Chinese users. The Binance token (BNB) was created during the ICO event to fund the development of the Binance exchange.
Binance is capable of processing 1.4 mil orders/second, has multi-language support and has all the major coins available – BTC, ETH, LTC, BNB etc. Trading fee is 0.1%.
Binance Mission: Commit to offer the professional, secure and transparent one-stop service to users in digital currency industry.
Binance Scale: Binance has over millions registered users from over 200 countries and regions.
Binance official website:
https://www.binance.com
About Theta Token
Theta's (CRYPTO:THETA) mission is to leverage the decentralized blockchain structure to create the first Decentralized Streaming Network (DSN) whereby video viewers are incentivized to share redundant memory and bandwidth resources to address today's video streaming challenges. Using the Ethereum EVM "World Computer" metaphor, the Theta Network can be viewed as the "World Cache" formed by the memory and bandwidth resources contributed by viewers.
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