English name of Token: Theta
Ticker of Token: THETA
Chinese name of Token: N/A
Country of Incorporation: USA
Description of the project:
Theta Labs leverages the power of blockchain to provide higher quality streaming by increasing global reach in developing countries, lowers costs for content delivery for publishers and broadcasters, and helps content creators capture more of their advertising revenue. Users who share their bandwidth and resources to cache, relay, and re-broadcast video streams with the network are rewarded by mining Theta tokens.
Total available supply:1000000000THETA
Tokens in circulation: 618750000THETA
Pre-sale start date: 2017/9/1
Pre-sale amount: 300000000THETA（￥130000000）
Pre-sale price: ￥0.65
Public sale start date: N/A
Public sale amount: N/A
Public sale price: N/A
30% to investors, 22.5% Theta reserve, 15% Network seed/strategic partners, 7.5% Advisor, employee incentive pool, 25% miner reserve
The presale was lead by Danhua Capital. Additional purchasers of the pre-sale tokens include silicon valley VC DCM, Sierra Ventures, leading China blockchain visionaries ?lf, Linkvc, Consensus Fintech Group, Nirvana Capital, Heuristic Capital, ZP Capital, Sparkland, ChainPE, BitAngel, and I Blockchain Capital, Japanese corporate partners, Gumi, Starbase, and Explorer Chain.
Since launching Theta ERC20-compliant tokens on SLIVER.tv last month
Facts & figures:
over 1M Theta tokens have been used by 980,000 users on SLIVER.tv platform. Theta tokens can be earned immediately by fans on SLIVER.tv, used as gifts for their favorite influencers and soon to buy virtual goods for their favorite games. Additionally, tokens can be utilized by advertisers and brand sponsors to fund ad campaigns and support key content creators. New blockchain functionalities are planned to be rolled out in 2018, including support for premium services, virtual goods purchase, and more.
This document is compiled from the official whitepaper and relevant documents provided by the token team, to provide investors an overview of the token. The information in this document is collected through formal legal channels. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof, or evidence.