Theta: Launch of test channel on SamsungVR.com, more partnerships are expected before mainnet launch

Paradigm

Published in

Paradigm

4 min readOct 9, 2018

Biweekly update 25th September — 9th October

Development

September, 26th: Samsung x Theta — Test channel launches on SamsungVR.com today!

The second test channel built on the Theta blockchain. Theta team successfully integrated the Theta protocol with SamsungVR, in the form of a test channel featuring 360° VR content. Start watching here: Samsung x Theta test channel.

The channel will be hosted on both SamsungVR’s website and SLIVER.tv, combining both sites’ userbases to maximize concurrent viewers and bandwidth offload efficiency.

SamsungVR users can use the Theta block explorer to transparently observe how relaying video corresponds to token transactions on the Theta blockchain. This key component of token rewards is what will allow SamsungVR and other video platforms to reward users, increase their engagement, and create a robust community of viewers and video relayers.

Theta adoption is only increasing from here, and Theta team already getting started on the next integrations for the Theta Network with MBN and CJ Hello — expect a strong slate of partners for mainnet launch by end of year.

Theta Network — September Roundup:

September Highlights

It was a big month for the Theta project, headlined by a Theta-powered test channel launching with SamsungVR. You can check out the 360 VR gaming content here, and start relaying streams and earning tokens on the Theta testnet.
Theta announced a partnership with Maeil Broadcasting Network (MBN), the largest business newspaper in South Korea.
Theta also formed a partnership with CJ Hello, a leading Korean video platform featuring network television, movies, sports, and animated content.
Two new advisors join the Theta team — Karen Huh, Senior Vice President of CJ Hello, and Dovey Wan, Founding Partner of Primitive Ventures.

Theta in the Press

Forbes: “Blockchain Video Delivery Platform Theta Partners With South Korean Media Giants”
CoinTelegraph:“Theta Blockchain Announces Strategic Partnerships with MBN and CJ Hello, Lists on Bithumb Exchange”
BitcoinExchangeGuide: Theta Blockchain Video Delivery Network Partners With South Korea’s Dominating Media Moguls
Ibinex News: Video Blockchain Firm Theta Teams Up With South Korean TV Titans
Mitch and Wes featured on SamsungNEXT’s “What’s NEXT” podcast.
Mitch is featured in MK newspaper in South Korea.

Social encounters

The Theta team will host a video AMA later this month on the Theta testnet channel.

Upcoming Events:

Theta CEO @mitchliu and Head of Strategy @wes_levitt will be speaking at the World Knowledge Forum in Seoul, October 10–12.
Mitch will also be featured on a panel at the NAB Streaming Summit in NYC, October 18th.

Finance

Token holders and the number of transactions dynamics (from Etherscan.io)

Roadmap

Right on target.

Late Q3 — Wallet Client

The wallet will be a secure, multi-platform wallet for sending and receiving Theta protocol-related currency. Users will be able to view a history of the transactions they have made. Front end UI and API wrapper will be done and prototype testing of wallet will follow.

Late Q4 — Public Devnet / Mainnet

The Native Theta network on our new blockchain. Current Theta ERC-20 tokens will be exchanged 1:1 for Theta blockchain tokens.

Partnerships and team members

Dovey Wan, Founding Partner of Primitive Ventures, to join Theta Blockchain Advisory Council: Dovey Wan, Founding Partner of Primitive Ventures, will join the Theta Blockchain Advisory Council. Dovey Wan is Founding Partner of Primitive Ventures, a long-term focused cryptoasset investment fund she founded with Eric Meltzer.

Telegram group — Trading Places (admin): “I know that there has been interest and there have been meetings and follow up meetings with potential partners. But coming to an agreement and having someone decide to integrate their business will take time.”

Rumors

Why Decentralized Video Streaming is SMART ft Theta Token: video review.

Telegram group — Wes Levitt (Head of Strategy, admin): “There will be a token swap to the native Theta blockchain when the mainnet launches, projected for Q4”.