Theta Mainnet Launch— one week to go!

Theta Labs
Theta Network
Published in
2 min readMar 9, 2019
Theta Network, made with pride in the Bay Area

After 15 months of development, 9 months running the Theta testnet, 1,433 GitHub commits, who knows how many Telegram messages, and 3 live testnet channels on SLIVER.tv, MBN, and Samsung VR, we are finally ready to launch the Theta mainnet in just 7 days! Here’s a final summary of important instructions and dates:

Existing Theta Token holders: On Tuesday, March 12th at approximately 7pm UTC, we will take a snapshot of the Ethereum blockchain to determine the addresses to receive Theta Tokens on the Theta mainnet. The exact time the snapshot will take place is at Ethereum block height 7,356,258. You will need to store your existing ERC20 Theta Tokens in either the Theta wallet (available on web, Android OS and Apple iOS), or a supporting exchange like Binance, UPbit, Bithumb, Gate.io, DigiFinex, or Huobi.

For every ERC20 Theta Token you hold at the time of the snapshot, you will receive 1:1 native Theta Tokens on the new blockchain. In addition, you’ll receive Theta Fuel, the operational or ‘gas’ token of the Theta blockchain — 5 Theta Fuel for every Theta Token you hold. Make sure you have your Theta Tokens in a supporting wallet or exchange before the March 12th snapshot!

On March 15th, we will officially launch the Theta mainnet, and you’ll receive your Theta Tokens and Theta Fuel. We’re proud that we can finally put the Theta blockchain to work, letting users on SLIVER.tv and all our current and future partner platforms earn token rewards for contributing to the Theta Network. We’ve got a lot more in store for 2019, which we’ll reveal in our 2019 Roadmap on Monday.

We want to give a special thanks to everyone in the Theta community who have supported the team and the Theta project. There’s been a lot of ups and downs in the blockchain space over the last year, but we appreciate all the kind words and support you’ve given us along the way. We hope you’ll continue to work alongside us going forward, whether it’s sharing video on a Theta-powered site, running a node and securing the network, or just stopping by our social channels to say hi. Thanks for everything, and we’ll see you on the other side on the Theta mainnet!

Cheers,

The Theta team

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Theta Labs
Theta Network

Creators of the Theta Network and EdgeCloud AI — see www.ThetaLabs.org for more info!