Theta Labs Partners with Aelf to Launch a New Era of Decentralized Video Media

Theta Labs is proud to announce that Aelf joins as one of Theta’s private presale supporters and a long-term strategic partner. Aelf has decided to partner with Theta to create a new era of decentralized video media on the blockchain because of Theta Labs’ established ecosystem and technology leadership in the esports and media industry. Aelf will not only support Theta in the form of a joint partnership, but also initiate a long-term technology and marketing collaboration with Theta.

Aelf is a new, decentralized cloud computing blockchain network with high-performance resource segregation and governance structure. Focused on delivering key components within the decentralized network, the company has made significant improvements to existing blockchain technology. These include the “main chain + multi-sidechain” structure, effective isolation of resources, “a chain of scenes”, and establishment of a commissioner voting system of tokens (to enable efficient management and healthy development of the network, while ensuring the credibility of the transactions). Aelf’s stable, efficient and customizable features will help Theta build a stronger network and become a leader in the next generation of blockchain video distribution.

“Theta can transform today’s media industry for live webcasts, reduce high CDN costs in content distribution networks, and effectively solve the problems of ​​content distribution,” said Ma Haobo, CEO of Aelf.

“Theta’s vision for growth is in line with Aelf’s vision. Both are blockchain-centric, information-transparent, and highly customizable platforms, enabling parallel computing and multi-chain structure. This makes Aelf’s business applications very broad and we are delighted to collaborate with Aelf on multiple fronts to create the world’s first decentralized distribution streaming media network”, said Mitch Liu, Co-Founder and CEO of Theta Labs.