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Choose your quick section of our Theta review below.
A Quick Overview of our Theta Review:
Theta is a third-generation platform that supports both smart contracts as well as decentralised applications (DApps).
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What is Theta?
Theta is a third-generation platform that supports both smart contracts as well as decentralised applications (DApps). Theta incorporates blockchain with video streaming with the aim to decentralise it along with video on demand, merging it into a single ecosystem on the Theta platform.
Key Features and Takeaways of Theta
There is a rise in video streaming platforms in addition with rapid development in blockchain technology, which has prompted cryptocurrency enthusiasts at Theta merging these into the Theta platform.
Theta is one of the most popular cryptocurrencies in the market and it has the following key features and takeaways:
Theta’s development team identified several issues with content delivery networks (CDNs) and aims to resolve these effectively by creating a peer-to-peer (P2P) network, allowing consumers to earn tokens for sharing resources and improving the platforms performance, especially where 4K and 8K video and virtual reality is concerned.
Theta aims to offer smooth video streaming of high-quality videos without consumers incurring high technological costs.
Theta employs a model where the costs for the delivering of video services is reduced based on the inclusion of a larger number of participants in the blockchain, allowing for greater flexibility and innovation where the management of revenue streams and content creation is concerned.
With the P2P model, Theta can promote and ensure decentralisation in addition to an improved reward distribution system.
In the Theta ecosystem, viewers and consumers can use tokens to reward content creators directly, with intermediaries being cut out of the process, ensuring that content creators do not rely heavily on advertisers or third-party hosting sites.
With this model, there is an overall reduction of costs in video stream delivery, ensuring that consumers spend less on content.
Theta platform is based on a mesh network that consists of a series of nodes who can mutually communicate. Nodes link the network together and they provide the foundation for a bandwidth sharing scheme, offered by Theta.
The Theta blockchain allows these nodes to form part of the network as it is the main component through which Theta aims to challenge standard content delivery providers.
Nodes in the Theta network are users who have the necessary hardware and resources to view video content. They can subsequently become caching nodes who can store and relay streaming to viewers, reducing the dependence on traditional content delivery.
Peer nodes in the Theta network can then pull video streams from one another instead of having to rely on CDNs. Nodes who are participating in this model are rewarded with Theta tokens as an incentive, encouraging them to continue sharing their bandwidth and to draw in new nodes to do the same.
Theta also aims to increase security and vulnerability by aiming to have a network that comprises of tens of thousands of nodes, making it resistant to disruptions in content delivery.
Theta Mining
Theta tokens cannot be mined as it is not based on a Proof-of-Work mechanism. All tokens are already in circulation. Theta is a purpose-built blockchain which is designed for video and data relay. It uses a multi-level Byzantine Fault Tolerance (BFT) which combines the following:
There is a committee of between 20 to 30 Enterprise Validator Nodes who are currently run by Google, Samsung, Binance, Blockchain Ventures, Gumi Cryptos, and Theta Labs. There are more enterprises who are lining up to join. These nodes propose and produce new blocks on the blockchain.
There is a second layer of thousands of community-run Guardian Nodes who finalise blocks and secure the network. Guardian nodes went live on Theta’s Mainnet 2.0 in May 2025.
The Theta network offers benefits for video platforms as well as users. Video platforms can benefit by being slotted into the video delivery stack, reducing video delivery cost, deepening viewer engagement, and driving incremental revenues.
By spending less on video delivery infrastructure and more on rewarding users, platforms that are based on Theta’s network and technology can grow their user base and gain a large portion of market share.
Theta awards users in the following way:
Allowing users to run as Guardian Nodes and stake Theta.
Running the Theta Edge Node to relay videos over the network.
Which tokens are used on the Theta Network?
The Theta Token (THETA) is used for staking and governance in either the Validator or Guardian Node, which contributes to the production of blocks and the governance of protocol of the network. By staking and running a node, users can earn a proportional amount of new TFUEL generated.
Theta Fuel, or TFUEL, is the operational token, also known as Gas, which is used for operations on the blockchain such as payments for sharing or interacting with smart contracts. Relayers can earn TFUEL for each video stream that they relay to other users on the Theta network.
At the Genesis of the Theta Blockchain, there were 5 billion TFUEL, with the supply increasing annually at a fixed percentage and rate which is set at the protocol level of 5%. Both THETA and TFUEL can be stored in the Theta wallet.
How is THETA staked?
Users who want to stake THETA can follow these simple steps:
Download the installation file on either Windows, Mac OS, or Linux.
Install and launch the Guardian Node – users can read the steps and select “continue” to create their GN password followed by “Create Node”.
Users can expect to see a message that will ask them to allow access for the Theta App. The user can allow access to continue and they can select the folder in which they want the Guardian Node to save data.
Next, the user can allow their Guardian Node to sync to the Theta blockchain. Users must note that the first time may take some time as all blocks are processed since the latest snapshot.
Once the node has been synced, the user will see a summary of their node under “Guardian Node Holder”. This can be used to stake THETA to the Guardian Node.
If the user wishes to stake tokens using the QR code, they can click on the respective image to enlarge it, allowing the user to scan it.
Users can now stake to the Guardian Node by allocating the minimum required tokens to make it a full Guardian Node.
After the first staking transaction has been completed, the Guardian Node app will display the user’s current stake in addition to their TFUEL earnings, session earnings, and their node connectivity.
The staking transaction can be verified by entering the wallet address or staking address in the Mainnet block explorer. Users can also verify their earnings in the Theta Wallet.
Lastly, the Guardian Node app will display the total TFUEL earnings and sessions of the user. Guardian Node TFUEL earnings are awarded with every 100 blocks, or typically every 10 minutes.
The minimum requirements to stake THETA are as follows:
The minimum number of tokens to stake is 10 000 THETA.
Internet speed of 5Mbps and more.
CPU of 4 cores and more.
Memory of 8GBytes and more.
Pros and Cons
| ✔️Pros | ❌Cons |
|---|---|
| Theta uses a Proof-of-Stake (PoS) mechanism which does not require as much computational power and which has a higher transaction throughput | Theta cannot be mined as it uses a PoS and not PoW |
| With PoS, there can be more devices that act as viewers and caching nodes | There may be several challenges faced with competition in the field as there is increased development in video streaming technology |
| Theta uses smart contracts to facilitate reward distribution as well as collection | |
| Theta has a dedicated, solid team of developers and supported |
Transaction Fees
| Type of Fee | Information |
|---|---|
| Staking minimum requirement | 10 000 THETA |
| Trading Fees | Less than 30 ZAR depending on the exchange |
Should you buy Theta?
There are many projects that are emerging with Theta featuring a decentralised content delivery platform. There are several reasons why investors are interested in Theta, especially in 2025, these reasons include:
The Theta network is decentralised, and it provides streaming services which are open-source and decentralised.
It is one of the leading video delivery networks on the blockchains.
Users can watch the Android TV channel which is powered by Theta while earning TFUEL tokens.
tv DApp is the network’s main streaming service which can be viewed by users in addition to users posting their videos on this platform.
The Theta video delivery stack allows users to reduce video delivery costs while simultaneously increasing watch time as well as engagement.
How to buy Theta (THETA)
Step 1 – Open an account on Binance
Navigate to the official Binance website and select “Register Now”. You will be redirected to a “Create a Free Account” where you can either register with your email address or your mobile number.
You can enter your email address and user-selected password or select the “Mobile” option at the top of the form. Select your country code and enter your mobile number along with your user-selected password.
Once you have completed the necessary fields, you can read and accept the Terms of Service before selecting “Create an Account”.
You may have to complete a Security Verification that will confirm that you are not a robot. Next, there is an account verification. During this, a 6-digit verification code is sent to the email address or mobile number that you provided. The code is only valid for 30 minutes and must be entered in the blocks provided on this page.
Once the verification is completed, a welcome page will load, and you will be given the options through which you can either trade or purchase cryptocurrency. If you are new to crypto, you can visit the “Learn More” Section at the bottom of the page.
Step 2 – Secure account with two-factor verification
On the trader’s dashboard, select the option to secure your account with two-factor verification. Even though phone verification is a secure option, the most preferred and secured method is to make use of the Google Authenticator.
Once downloaded and installed, either scan the QR code or type in the one-time, unique code provided to add your Binance account credentials onto Google Authenticator.
Once completed, write down the back up key provided to recover your account on Google Authenticator in case you lose or misplace it. In the final step, enter the 6-digit code which you will receive on your registered email address along with the Google verification code.
Step 3 – Deposit funds
Binance allows for the purchase of cryptocurrencies via fiat deposits as well as cryptos. Deposits can be accessed from the following locations:
The “Welcome to Binance” banner.
Hovering over “Buy Crypto” at the top of the webpage and selecting your preferred method.
Selecting “Deposit” on the “balance details” section on your traders dashboard.
Once you have selected the option to “Deposit”, you can select whether you wish to deposit cryptocurrencies from another wallet, or whether you want to make a fiat deposit.
For Crypto deposits, follow these steps:
Select your coin between Bitcoin, Ethereum, BNB, or ETC.
Select the network to be used between BEP2, BEP20 (BSC), ERC20, or TRC20 and accept the conditions for using the network.
Copy the address or scan the address QR code from the wallet where you are depositing and follow further prompts. Kindly note that each network has its own set of network confirmations between 1 up to 15 confirmations before the deposit will be done.
For deposits in Fiat currencies, follow these steps:
Select the deposit currency from the dropdown list. To gain access to more currencies, it is necessary to verify your identity and face.
Select the payment method to be used, depending on the currency chosen.
Enter the deposit amount and any other details. Kindly note that the transaction fee will be displayed along with the balance after this is subtracted.
Continue with the deposit.
Step 4 – Start Trading
Once you have completed your deposit, you can navigate to the “Markets” section at the top of the page to view the available cryptocurrencies. From here, you can buy, sell, and trade currencies at competitive prices.
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Frequently Asked Questions
When was Theta first launched?
Theta was launched in 2019.
Who founded Theta?
Mitch Liu and Jieyi Long.
What is “ICO”?
It is Initial Coin Offering that, unlike an IPO, does not mean that those who invest in the cryptocurrency will have an ownership stake of the company that they provide funds to.
When was Theta’s ICO and how much did it raise?
Theta did not have an ICO but held a private sale, raising 169 million ZAR.
Is Theta legit?
Yes, Theta is legit.
What is Theta’s total supply?
The total supply of THETA tokens is 1 billion.
What is the purpose of Theta?
Theta incentivizes the sharing of bandwidth and is a decentralized video delivery network.
On which blockchain is Theta based?
Theta is based on its own blockchain.
Does Theta work with smart contracts?
Yes, Theta supports smart contracts which are specifically designed for streaming services. They facilitate rewards and distribution systems in the Theta ecosystem.
Does Theta have potential to become more valuable?
Yes, especially when considering that more people are interested in streaming services as technology develops and more are introduced to these services, especially when people are rewarded for participation.
